Vault-13

BRIDGEBIO PHARMA INC BBIO 2.5 03.15.27

NOTE 2.500% 3/1 · US DOMESTIC · CUSIP 10806XAB8

41 institutional holders -8 vs Q4 2025
3,464,1453.5m shares reported held*
$883.9mreported value*
8 new 13 added 8 reduced 15 sold out net bought ≈ $11.3m (-3.1m 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. Holder counts are more reliable. Implied quarter-end price ≈ $255.16.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 35Q4 22: 34Q1 23: 38Q2 23: 36Q3 23: 43Q4 23: 46Q1 24: 41Q2 24: 42Q3 24: 43Q4 24: 45Q1 25: 46Q2 25: 47Q3 25: 49Q4 25: 49Q1 26: 4141Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202235
Q4 202234
Q1 202338
Q2 202336
Q3 202343
Q4 202346
Q1 202441
Q2 202442
Q3 202443
Q4 202445
Q1 202546
Q2 202547
Q3 202549
Q4 202549
Q1 202641

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 24: 21 bought or addedQ2 24: 15 cut or sold outQ3 24: 11 bought or addedQ3 24: 16 cut or sold outQ3 24Q4 24: 17 bought or addedQ4 24: 20 cut or sold outQ1 25: 21 bought or addedQ1 25: 26 cut or sold outQ1 25Q2 25: 18 bought or addedQ2 25: 20 cut or sold outQ3 25: 15 bought or addedQ3 25: 23 cut or sold outQ3 25Q4 25: 24 bought or addedQ4 25: 19 cut or sold outQ1 26: 21 bought or addedQ1 26: 23 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20242115
Q3 20241116
Q4 20241720
Q1 20252126
Q2 20251820
Q3 20251523
Q4 20252419
Q1 20262123

Biggest buyers

STEELHEAD PARTNERS LLC New +70,000,000+70.0m
WOLVERINE ASSET MANAGEMENT LLC Added +36,373,000+36.4m
CAPSTONE INVESTMENT ADVISORS, LLC Added +23,872,000+23.9m
DeepCurrents Investment Group LLC New +9,500,000+9.5m
ARISTEIA CAPITAL, L.L.C. Added +8,500,000+8.5m
CAMDEN ASSET MANAGEMENT L P /CA New +7,170,000+7.2m
MILLENNIUM MANAGEMENT LLC Added +3,644,000+3.6m
BlackRock, Inc. Added +1,950,000+1.9m
M&G PLC Added +1,483,000+1.5m
Union Bancaire Privee, UBP SA Added +690,000+690.0k

Biggest sellers

CITADEL ADVISORS LLC Sold out -44,505,000-44.5m
TENOR CAPITAL MANAGEMENT Co., L.P. Reduced -24,500,000-24.5m
VOYA INVESTMENT MANAGEMENT LLC Sold out -24,105,000-24.1m
Linden Advisors LP Reduced -20,000,000-20.0m
Balyasny Asset Management L.P. Sold out -15,000,000-15.0m
LORD, ABBETT & CO. LLC Reduced -11,266,000-11.3m
LAZARD ASSET MANAGEMENT LLC Reduced -6,899,000-6.9m
FMR LLC Reduced -6,505,000-6.5m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Sold out -3,180,000-3.2m
JPMORGAN CHASE & CO Reduced -3,066,000-3.1m

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WOLVERINE ASSET MANAGEMENT LLC 2.30% of their portfolio CHICAGO, IL 82,038,00082.0m $147.7m $147.7m 2.30% Added +36.4m +36,373,000
2 STEELHEAD PARTNERS LLC 9.10% of their portfolio SEATTLE, WA 70,000,00070.0m $126.6m $126.6m 9.10% New
3 Linden Advisors LP 0.59% of their portfolio New York, NY 58,430,00058.4m $105.3m $105.3m 0.59% Reduced -20.0m -20,000,000
4 CAPSTONE INVESTMENT ADVISORS, LLC 0.81% of their portfolio NEW YORK, NY 54,372,00054.4m $98.0m $98.0m 0.81% Added +23.9m +23,872,000
5 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 35,444,00035.4m $638.6k $638.6k 0.00% Reduced -6.9m -6,899,000
6 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 24,644,00024.6m $44.4m $44.4m 0.03% Added +3.6m +3,644,000
7 Graham Capital Management, L.P. 1.36% of their portfolio ROWAYTON, CT 22,241,00022.2m $40.1m $40.1m 1.36% Unchanged
8 683 Capital Management, LLC 3.64% of their portfolio NEW YORK, NY 21,750,00021.8m $39.2m $39.2m 3.64% Unchanged
9 ARISTEIA CAPITAL, L.L.C. 0.77% of their portfolio GREENWICH, CT 18,500,00018.5m $33.3m $33.3m 0.77% Added +8.5m +8,500,000
10 FMR LLC 0.00% of their portfolio BOSTON, MA 15,807,00015.8m $28.4m $28.4m 0.00% Reduced -6.5m -6,505,000
11 TENOR CAPITAL MANAGEMENT Co., L.P. 0.42% of their portfolio NEW YORK, NY 15,000,00015.0m $27.1m $27.1m 0.42% Reduced -24.5m -24,500,000
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 12,280,00012.3m $22.2m $22.2m 0.00% Added +550.0k +550,000
13 M&G PLC 0.11% of their portfolio London, X0 11,879,00011.9m $21.4m $21.4m 0.11% Added +1.5m +1,483,000
14 DeepCurrents Investment Group LLC 0.70% of their portfolio NEW YORK, NY 9,500,0009.5m $17.1m $17.1m 0.70% New
15 BlackRock, Inc. 0.00% of their portfolio New York, NY 8,920,0008.9m $16.0m $16.0m 0.00% Added +1.9m +1,950,000
16 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 7,426,0007.4m $13.4m $13.4m 0.01% Added +112.0k +112,000
17 CAMDEN ASSET MANAGEMENT L P /CA 0.44% of their portfolio Los Angeles, CA 7,170,0007.2m $12.9m $12.9m 0.44% New
18 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 3,000,0003.0m $5.4m $5.4m 0.01% Unchanged
19 Amundi 0.00% of their portfolio Paris, I0 2,300,0002.3m $4.1k $4.1k 0.00% Unchanged
20 LORD, ABBETT & CO. LLC 0.01% of their portfolio JERSEY CITY, NJ 1,913,0001.9m $3.4m $3.4m 0.01% Reduced -11.3m -11,266,000
21 Union Bancaire Privee, UBP SA 0.04% of their portfolio GENEVA 1, V8 1,795,0001.8m $2.6m $2.6m 0.04% Added +690.0k +690,000
22 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 1,000,0001.0m $1.8m $1.8m 0.01% Unchanged
23 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 721,000721.0k $1.3m $1.3m 0.00% Reduced -2.3m -2,310,000
24 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 543,000543.0k $982.3k $982.3k 0.00% Added +50.0k +50,000
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 432,000432.0k $734.3k $734.3k 0.00% Reduced -3.1m -3,066,000
26 SSI INVESTMENT MANAGEMENT LLC 0.05% of their portfolio Los Angeles, CA 398,000398.0k $715.6k $715.6k 0.05% New
27 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 395,000395.0k $710.2k $710.2k 0.00% New
28 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 371,000371.0k $669.4k $669.4k 0.00% Unchanged
29 GAMCO INVESTORS, INC. ET AL 0.01% of their portfolio GREENWICH, CT 300,000300.0k $542.7k $542.7k 0.01% Unchanged
30 ADVENT CAPITAL MANAGEMENT /DE/ 0.02% of their portfolio NEW YORK, NY 300,000300.0k $540.9k $540.9k 0.02% Unchanged
31 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 300,000300.0k $538.5k $538.5k 0.00% New
32 SG Americas Securities, LLC 0.02% of their portfolio NEW YORK, NY 97,66097.7k $17.6m $17.6m 0.02% Added +37.8k +37,810
33 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 69,00069.0k $124.9k $124.9k 0.00% Reduced -91.0k -91,000
34 Calamos Wealth Management LLC 0.00% of their portfolio NAPERVILLE, IL 62,00062.0k $112.2k $112.2k 0.00% Added +1.0k +1,000
35 NOMURA HOLDINGS INC 0.02% of their portfolio TOKYO, M0 28,14528.1k $2.1m $2.1m 0.02% Added +24.8k +24,797
36 Boussard & Gavaudan Investment Management LLP 4.44% of their portfolio London, X0 26,00026.0k $46.2m $46.2m 4.44% New
37 ADAR1 Capital Management, LLC 0.21% of their portfolio AUSTIN, TX 20,00020.0k $3.6m $3.6m 0.21% New
38 Traub Capital Management LLC 0.02% of their portfolio NEEDHAM, MA 10,00010.0k $18.0k $18.0k 0.02% Unchanged
39 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,0002.0k $359.6k $359.6k 0.00% Unchanged
40 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 1,0001.0k $1.7k $1.7k 0.00% Unchanged
41 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,0001.0k $1.8k $1.8k 0.00% Unchanged