Vault-13

BIOMARIN PHARMACEUTICAL INC BMRN 1.25 05.15.27

NOTE 1.250% 5/1 · US DOMESTIC · CUSIP 09061GAK7

68 institutional holders +0 vs Q1 2025
9,874,5709.9m shares reported held*
$524.8mreported value*
12 new 16 added 19 reduced 12 sold out net bought ≈ $22.4m (+705.0k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($479.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $53.20.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 40Q4 22: 48Q1 23: 47Q2 23: 52Q3 23: 51Q4 23: 59Q1 24: 60Q2 24: 60Q3 24: 65Q4 24: 74Q1 25: 68Q2 25: 6868Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202240
Q4 202248
Q1 202347
Q2 202352
Q3 202351
Q4 202359
Q1 202460
Q2 202460
Q3 202465
Q4 202474
Q1 202568
Q2 202568

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 23: 23 bought or addedQ3 23: 17 cut or sold outQ4 23: 25 bought or addedQ4 23: 14 cut or sold outQ4 23Q1 24: 19 bought or addedQ1 24: 20 cut or sold outQ2 24: 28 bought or addedQ2 24: 24 cut or sold outQ2 24Q3 24: 24 bought or addedQ3 24: 23 cut or sold outQ4 24: 25 bought or addedQ4 24: 25 cut or sold outQ4 24Q1 25: 21 bought or addedQ1 25: 33 cut or sold outQ2 25: 28 bought or addedQ2 25: 31 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232317
Q4 20232514
Q1 20241920
Q2 20242824
Q3 20242423
Q4 20242525
Q1 20252133
Q2 20252831

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. New +77,575,000+77.6m
CAPSTONE INVESTMENT ADVISORS, LLC New +12,500,000+12.5m
LAZARD ASSET MANAGEMENT LLC Added +12,379,000+12.4m
AQR Arbitrage LLC Added +10,113,000+10.1m
READYSTATE ASSET MANAGEMENT LP Added +10,000,000+10.0m
JPMORGAN CHASE & CO Added +4,564,000+4.6m
BNP PARIBAS FINANCIAL MARKETS Added +4,018,000+4.0m
ROYAL BANK OF CANADA Added +3,165,000+3.2m
CITIGROUP INC New +3,034,000+3.0m
BANK OF AMERICA CORP /DE/ Added +2,530,000+2.5m

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Reduced -69,530,000-69.5m
Opti Capital Management, LP Sold out -13,733,000-13.7m
MacKay Shields LLC Reduced -10,633,000-10.6m
Jefferies Financial Group Inc. Reduced -7,398,000-7.4m
MORGAN STANLEY Reduced -5,405,000-5.4m
Amundi Sold out -5,000,000-5.0m
WELLINGTON MANAGEMENT GROUP LLP Reduced -2,568,000-2.6m
JANE STREET GROUP, LLC Sold out -2,310,000-2.3m
BANK OF MONTREAL /CAN/ Sold out -1,900,000-1.9m
Wellesley Asset Management Reduced -1,460,000-1.5m

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 0.99% of their portfolio NEW YORK, NY 77,575,00077.6m $73.3m $73.3m 0.99% New
2 VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio ATLANTA, GA 69,530,00069.5m $65.7m $65.7m 0.07% Reduced -69.5m -69,530,000
3 AQR Arbitrage LLC 1.20% of their portfolio Greenwich, CT 54,125,00054.1m $51.2m $51.2m 1.20% Added +10.1m +10,113,000
4 Wellesley Asset Management 4.55% of their portfolio PORTSMOUTH, NH 50,624,00050.6m $47.7m $47.7m 4.55% Reduced -1.5m -1,460,000
5 MacKay Shields LLC 1.34% of their portfolio New York, NY 44,297,00044.3m $41.8m $41.8m 1.34% Reduced -10.6m -10,633,000
6 BlackRock, Inc. 0.00% of their portfolio New York, NY 37,858,00037.9m $35.6m $35.6m 0.00% Added +2.0m +1,965,000
7 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 22,717,00022.7m $21.8m $21.8m 0.02% Added +4.0m +4,018,000
8 READYSTATE ASSET MANAGEMENT LP 0.78% of their portfolio CHICAGO, IL 20,000,00020.0m $18.9m $18.9m 0.78% Added +10.0m +10,000,000
9 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 19,254,00019.3m $18.1m $18.1m 0.01% Reduced -947.0k -947,000
10 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 16,182,00016.2m $15.3m $15.3m 0.02% Added +12.4m +12,379,000
11 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 14,580,00014.6m $13.7m $13.7m 0.03% Unchanged
12 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 14,150,00014.2m $13.3m $13.3m 0.01% Added +350.0k +350,000
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 12,641,00012.6m $11.8m $11.8m 0.00% Added +4.6m +4,564,000
14 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 12,565,00012.6m $11.8m $11.8m 0.00% Added +2.5m +2,530,000
15 CAPSTONE INVESTMENT ADVISORS, LLC 0.10% of their portfolio NEW YORK, NY 12,500,00012.5m $11.8m $11.8m 0.10% New
16 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,616,00011.6m $11.0m $11.0m 0.00% Reduced -350.0k -350,000
17 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 8,416,0008.4m $8.0m $8.0m 0.00% Reduced -601.0k -601,000
18 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 6,368,0006.4m $6.0m $6.0m 0.00% Added +3.2m +3,165,000
19 Sonora Investment Management Group, LLC 0.25% of their portfolio TUCSON, AZ 3,645,0003.6m $3.4m $3.4m 0.25% Reduced -435.0k -435,000
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,582,0003.6m $3.4m $3.4m 0.00% Reduced -5.4m -5,405,000
21 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 3,090,0003.1m $2.9m $2.9m 0.00% Reduced -2.6m -2,568,000
22 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 3,034,0003.0m $2.9m $2.9m 0.00% New
23 Union Bancaire Privee, UBP SA 0.03% of their portfolio GENEVA 1, V8 2,945,0002.9m $2.4m $2.4m 0.03% Unchanged
24 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 2,900,0002.9m $2.7m $2.7m 0.01% Added +1 +1
25 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 2,200,0002.2m $2.1m $2.1m 0.00% Unchanged
26 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 2,000,0002.0m $1.9m $1.9m 0.00% New
27 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,597,0001.6m $1.5m $1.5m 0.00% Reduced -26.0k -26,000
28 OAKTREE CAPITAL MANAGEMENT LP 0.03% of their portfolio LOS ANGELES, CA 1,481,0001.5m $1.4m $1.4m 0.03% New
29 Kohlberg Kravis Roberts & Co. L.P. 0.03% of their portfolio NEW YORK, NY 1,479,0001.5m $1.4m $1.4m 0.03% Unchanged
30 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,158,0001.2m $1.1m $1.1m 0.00% New
31 PROSPECTOR PARTNERS LLC 0.11% of their portfolio GUILFORD, CT 1,000,0001.0m $941.3k $941.3k 0.11% Unchanged
32 PALISADE CAPITAL MANAGEMENT, LP 0.02% of their portfolio FORT LEE, NJ 923,000923.0k $868.8k $868.8k 0.02% Unchanged
33 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 700,000700.0k $660.9k $660.9k 0.00% Unchanged
34 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 620,000620.0k $580.7k $580.7k 0.00% Added +620.0k +620,000
35 KORNITZER CAPITAL MANAGEMENT INC /KS 0.01% of their portfolio SHAWNEE MISSION, KS 500,000500.0k $470.6k $470.6k 0.01% Unchanged
36 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 455,000455.0k $430.0k $430.0k 0.00% Added +124.0k +124,000
37 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 386,000386.0k $363.0k $363.0k 0.01% Reduced -7.4m -7,398,000
38 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 385,000385.0k $360.6k $360.6k 0.00% Added +11.0k +11,000
39 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 371,000371.0k $349.2k $349.2k 0.00% Reduced -153.0k -153,000
40 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $280.9k $280.9k 0.00% Unchanged
41 LOOMIS SAYLES & CO L P 0.02% of their portfolio BOSTON, MA 252,345252.3k $13.9m $13.9m 0.02% Reduced -735.5k -735,520
42 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 200,000200.0k $187.3k $187.3k 0.00% Unchanged
43 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 178,000178.0k $167.6k $167.6k 0.00% Reduced -2.0k -2,000
44 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 54,00054.0k $50.8k $50.8k 0.00% Added +2.0k +2,000
45 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 52,00052.0k $48.9k $48.9k 0.00% Unchanged
46 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 48,00048.0k $45.2k $45.2k 0.00% Added +31.0k +31,000
47 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 43,00043.0k $40.5k $40.5k 0.00% New
48 Mariner, LLC 0.00% of their portfolio Overland Park, KS 42,00042.0k $39.5k $39.5k 0.00% Unchanged
49 VIRTUS ADVISERS, LLC 0.02% of their portfolio HARTFORD, CT 35,00035.0k $32.9k $32.9k 0.02% Unchanged
50 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 34,00034.0k $32.0k $32.0k 0.00% New
51 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 33,00033.0k $31.1k $31.1k 0.01% Reduced -5.0k -5,000
52 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 32,00032.0k $30.1k $30.1k 0.00% Reduced -8.0k -8,000
53 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 30,00030.0k $28.2k $28.2k 0.00% New
54 FORESIGHT CAPITAL MANAGEMENT ADVISORS, INC. 0.02% of their portfolio SALINE, MI 29,00029.0k $27.3k $27.3k 0.02% Reduced -6.0k -6,000
55 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 28,00028.0k $26.4k $26.4k 0.00% Added +5.0k +5,000
56 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 18,00018.0k $16.9k $16.9k 0.00% Unchanged
57 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 16,00016.0k $15.1k $15.1k 0.00% Unchanged
58 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 13,00013.0k $12.2k $12.2k 0.00% Unchanged
59 HB Wealth Management, LLC 0.00% of their portfolio Atlanta, GA 11,00011.0k $10.4k $10.4k 0.00% New
60 DAVENPORT & Co LLC 0.01% of their portfolio RICHMOND, VA 10,00010.0k $943.8k $943.8k 0.01% Unchanged
61 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 10,00010.0k $9.4k $9.4k 0.00% Unchanged
62 COMERICA BANK 0.00% of their portfolio DALLAS, TX 9,0009.0k $8.5k $8.5k 0.00% Reduced -6.0k -6,000
63 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 5,0005.0k $4.7k $4.7k 0.00% Unchanged
64 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio CINCINNATI, OH 5,0005.0k $4.7k $4.7k 0.00% New
65 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,0001.0k $941 $941 0.00% Unchanged
66 Intellectus Partners, LLC 0.06% of their portfolio SAN FRANCISCO, CA 289289 $272.5k $272.5k 0.06% New
67 ODDO BHF ASSET MANAGEMENT SAS 0.01% of their portfolio PARIS, I0 225225 $212.9k $212.9k 0.01% Reduced -200 -200
68 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged