Vault-13

BRIDGEBIO PHARMA INC BBIO 2.25 02.01.29

NOTE 2.250% 2/0 · US DOMESTIC · CUSIP 10806XAD4

42 institutional holders -3 vs Q1 2023
8,300,0008.3m shares reported held*
$399.6mreported value*
3 new 13 added 13 reduced 6 sold out net sold ≈ $19.5m (-2.8m 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 ($4.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.68.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 36Q4 22: 37Q1 23: 45Q2 23: 4242Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202236
Q4 202237
Q1 202345
Q2 202342

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 3 bought or addedQ4 22: 5 cut or sold outQ4 22Q1 23: 19 bought or addedQ1 23: 20 cut or sold outQ1 23Q2 23: 16 bought or addedQ2 23: 19 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202235
Q1 20231920
Q2 20231619

Biggest buyers

Diameter Capital Partners LP Added +28,470,000+28.5m
D. E. Shaw & Co., Inc. Added +24,600,000+24.6m
BRAIDWELL LP Added +20,000,000+20.0m
Laurion Capital Management LP New +19,100,000+19.1m
FMR LLC Added +3,310,000+3.3m
OAKTREE CAPITAL MANAGEMENT LP Added +3,303,000+3.3m
STATE STREET CORP Added +2,000,000+2.0m
Weiss Asset Management LP Added +2,000,000+2.0m
CITADEL ADVISORS LLC New +1,500,000+1.5m
Russell Investments Group, Ltd. Added +697,000+697.0k

Biggest sellers

INHERENT GROUP, LP Reduced -22,250,000-22.2m
AMERIPRISE FINANCIAL INC Reduced -16,000,000-16.0m
ARISTEIA CAPITAL, L.L.C. Reduced -15,000,000-15.0m
HIGHBRIDGE CAPITAL MANAGEMENT LLC Sold out -15,000,000-15.0m
DeepCurrents Investment Group LLC Reduced -13,000,000-13.0m
Affinity Asset Advisors, LLC Sold out -11,000,000-11.0m
AVIVA PLC Sold out -10,500,000-10.5m
BNP PARIBAS FINANCIAL MARKETS Sold out -10,500,000-10.5m
AQR Arbitrage LLC Reduced -8,638,000-8.6m
ORBIMED ADVISORS LLC Reduced -5,000,000-5.0m

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio ATLANTA, GA 108,065,000108.1m $66.9m $66.9m 0.07% Unchanged
2 Diameter Capital Partners LP 19.16% of their portfolio New York, NY 71,757,00071.8m $44.2m $44.2m 19.16% Added +28.5m +28,470,000
3 BRAIDWELL LP 1.26% of their portfolio STAMFORD, CT 62,294,00062.3m $38.6m $38.6m 1.26% Added +20.0m +20,000,000
4 D. E. Shaw & Co., Inc. 0.05% of their portfolio New York, NY 54,350,00054.4m $33.6m $33.6m 0.05% Added +24.6m +24,600,000
5 FMR LLC 0.00% of their portfolio BOSTON, MA 41,010,00041.0m $25.2m $25.2m 0.00% Added +3.3m +3,310,000
6 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 32,200,00032.2m $19.8m $19.8m 0.01% Reduced -16.0m -16,000,000
7 ARISTEIA CAPITAL, L.L.C. 0.65% of their portfolio GREENWICH, CT 30,280,00030.3m $18.7m $18.7m 0.65% Reduced -15.0m -15,000,000
8 Aequim Alternative Investments LP 0.70% of their portfolio MILL VALLEY, CA 30,000,00030.0m $18.6m $18.6m 0.70% Reduced -1.0m -1,000,000
9 DeepCurrents Investment Group LLC 0.59% of their portfolio NEW YORK, NY 22,355,00022.4m $13.8m $13.8m 0.59% Reduced -13.0m -13,000,000
10 Laurion Capital Management LP 0.51% of their portfolio NEW YORK, NY 19,100,00019.1m $11.8m $11.8m 0.51% New
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 17,100,00017.1m $10.7m $10.7m 0.00% Added +2.0m +2,000,000
12 ORBIMED ADVISORS LLC 0.17% of their portfolio New York, NY 15,000,00015.0m $9.3m $9.3m 0.17% Reduced -5.0m -5,000,000
13 Calamos Advisors LLC 0.03% of their portfolio NAPERVILLE, IL 10,000,00010.0m $6.2m $6.2m 0.03% Unchanged
14 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 9,800,0009.8m $6.0m $6.0m 0.00% Reduced -200.0k -200,000
15 INHERENT GROUP, LP 3.87% of their portfolio NEW YORK, NY 9,000,0009.0m $5.6m $5.6m 3.87% Reduced -22.2m -22,250,000
16 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 8,827,0008.8m $5.4m $5.4m 0.00% Added +300.0k +300,000
17 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 7,500,0007.5m $4.6m $4.6m 0.01% Unchanged
18 OAKTREE CAPITAL MANAGEMENT LP 0.06% of their portfolio LOS ANGELES, CA 7,287,0007.3m $4.5m $4.5m 0.06% Added +3.3m +3,303,000
19 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 5,699,0005.7m $3.5m $3.5m 0.00% Reduced -500.0k -500,000
20 ABSOLUTE INVESTMENT ADVISERS, LLC 0.48% of their portfolio ROSEMARY BEACH, FL 5,500,0005.5m $3.4m $3.4m 0.48% Added +500.0k +500,000
21 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 5,000,0005.0m $3.1m $3.1m 0.00% Reduced -250.0k -250,000
22 Segantii Capital Management Ltd 0.18% of their portfolio HONG KONG, K3 5,000,0005.0m $3.1m $3.1m 0.18% Unchanged
23 Weiss Asset Management LP 0.35% of their portfolio BOSTON, MA 4,500,0004.5m $2.8m $2.8m 0.35% Added +2.0m +2,000,000
24 AQR Arbitrage LLC 0.12% of their portfolio Greenwich, CT 4,482,0004.5m $2.8m $2.8m 0.12% Reduced -8.6m -8,638,000
25 BlackRock Inc. 0.00% of their portfolio New York, NY 4,250,0004.2m $2.6m $2.6m 0.00% Unchanged
26 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,879,0002.9m $1.8m $1.8m 0.00% Added +250.0k +250,000
27 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 2,500,0002.5m $1.5m $1.5m 0.00% Unchanged
28 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,240,0002.2m $1.4m $1.4m 0.00% Added +200.0k +200,000
29 Man Group plc 0.00% of their portfolio LONDON, X0 2,211,0002.2m $1.4m $1.4m 0.00% Unchanged
30 CAPSTONE INVESTMENT ADVISORS, LLC 0.04% of their portfolio NEW YORK, NY 2,000,0002.0m $1.2m $1.2m 0.04% Unchanged
31 ADVENT CAPITAL MANAGEMENT /DE/ 0.02% of their portfolio NEW YORK, NY 1,800,0001.8m $1.1m $1.1m 0.02% Unchanged
32 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,713,0001.7m $1.1m $1.1m 0.00% Added +697.0k +697,000
33 PALISADE CAPITAL MANAGEMENT, LP 0.02% of their portfolio FORT LEE, NJ 1,500,0001.5m $922.6k $922.6k 0.02% Unchanged
34 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 1,500,0001.5m $926.3k $926.3k 0.00% New
35 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,400,0001.4m $859.4k $859.4k 0.00% Reduced -700.0k -700,000
36 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 450,000450.0k $277.3k $277.3k 0.00% Unchanged
37 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $123.3k $123.3k 0.00% New
38 Saltoro Capital, LP 0.17% of their portfolio DALLAS, TX 100,000100.0k $61.9k $61.9k 0.17% Reduced -1.5m -1,500,000
39 Context Capital Management, LLC 1.88% of their portfolio LAJOLLA, CA 33,68333.7k $20.8m $20.8m 1.88% Added +7.1k +7,100
40 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 22,00022.0k $1.4m $1.4m 0.01% Unchanged
41 Verition Fund Management LLC 0.07% of their portfolio GREENWICH, CT 7,2697.3k $4.5m $4.5m 0.07% Reduced -3.3k -3,275
42 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged