Vault-13

CHEGG INC CHGG 0.125 03.15.25

NOTE 0.125% 3/1 · US DOMESTIC · CUSIP 163092AD1

38 institutional holders -5 vs Q2 2023
23,508,50023.5m shares reported held*
$325.4mreported value*
3 new 10 added 8 reduced 8 sold out net bought ≈ $5.9m (-6.8m 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. Holder counts are more reliable. Implied quarter-end price ≈ $13.84.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 52Q4 22: 57Q1 23: 60Q2 23: 43Q3 23: 3838Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202252
Q4 202257
Q1 202360
Q2 202343
Q3 202338

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 22: 27 bought or addedQ4 22: 22 cut or sold outQ4 22Q1 23: 31 bought or addedQ1 23: 27 cut or sold outQ1 23Q2 23: 13 bought or addedQ2 23: 43 cut or sold outQ2 23Q3 23: 13 bought or addedQ3 23: 16 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222722
Q1 20233127
Q2 20231343
Q3 20231316

Biggest buyers

Linden Advisors LP Added +15,068,000+15.1m
LAZARD ASSET MANAGEMENT LLC Added +10,210,000+10.2m
MORGAN STANLEY Added +4,085,000+4.1m
STATE STREET CORP Added +3,000,000+3.0m
PALISADE CAPITAL MANAGEMENT, LP Added +2,983,000+3.0m
OAKTREE CAPITAL MANAGEMENT LP Added +1,244,000+1.2m
EDMOND DE ROTHSCHILD HOLDING S.A. New +1,150,000+1.1m
TENOR CAPITAL MANAGEMENT Co., L.P. New +874,000+874.0k
Amundi Added +600,000+600.0k
Lombard Odier Asset Management (Europe) Ltd Added +600,000+600.0k

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Reduced -15,000,000-15.0m
Fort Baker Capital Management LP Sold out -6,111,000-6.1m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduced -3,500,000-3.5m
JPMORGAN CHASE & CO Reduced -3,475,000-3.5m
FEDERATED HERMES, INC. Sold out -2,065,000-2.1m
MARSHALL WACE, LLP Reduced -2,000,000-2.0m
LORD, ABBETT & CO. LLC Reduced -526,000-526.0k
LORD, ABBETT & CO. LLC Reduced -526,000-526.0k
Bank of New York Mellon Corp Sold out -200,000-200.0k
Jefferies Financial Group Inc. Sold out -108,000-108.0k

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio ATLANTA, GA 73,830,00073.8m $66.7m $66.7m 0.07% Reduced -15.0m -15,000,000
2 D. E. Shaw & Co., Inc. 0.09% of their portfolio New York, NY 59,932,00059.9m $54.2m $54.2m 0.09% Unchanged
3 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 52,400,00052.4m $47.2m $47.2m 0.02% Reduced -3.5m -3,500,000
4 Linden Advisors LP 0.29% of their portfolio New York, NY 31,178,00031.2m $28.2m $28.2m 0.29% Added +15.1m +15,068,000
5 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 20,144,00020.1m $18.2m $18.2m 0.02% Added +10.2m +10,210,000
6 Calamos Advisors LLC 0.07% of their portfolio NAPERVILLE, IL 13,457,00013.5m $12.1m $12.1m 0.07% Unchanged
7 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.58% of their portfolio NEW YORK, NY 11,500,00011.5m $10.4m $10.4m 0.58% Unchanged
8 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 10,550,00010.6m $9.5m $9.5m 0.01% Unchanged
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 10,213,00010.2m $9.2m $9.2m 0.00% Added +3.0m +3,000,000
10 LORD, ABBETT & CO. LLC 0.02% of their portfolio JERSEY CITY, NJ 9,403,0009.4m $8.5m $8.5m 0.02% Reduced -526.0k -526,000
11 LORD, ABBETT & CO. LLC 0.02% of their portfolio JERSEY CITY, NJ 9,403,0009.4m $8.5m $8.5m 0.02% Reduced -526.0k -526,000
12 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio Paris, I0 7,850,0007.8m $7.1m $7.1m 0.02% Unchanged
13 PALISADE CAPITAL MANAGEMENT, LP 0.17% of their portfolio FORT LEE, NJ 6,921,0006.9m $6.2m $6.2m 0.17% Added +3.0m +2,983,000
14 PRIVATE MANAGEMENT GROUP INC 0.23% of their portfolio IRVINE, CA 6,212,0006.2m $5.6m $5.6m 0.23% Reduced -17.0k -17,000
15 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,584,0004.6m $4.1m $4.1m 0.00% Added +4.1m +4,085,000
16 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,674,0003.7m $3.3m $3.3m 0.00% Reduced -3.5m -3,475,000
17 SSI INVESTMENT MANAGEMENT LLC 0.24% of their portfolio Los Angeles, CA 3,250,0003.2m $2.9m $2.9m 0.24% Unchanged
18 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.39% of their portfolio Miamisburg, OH 3,000,0003.0m $2.7m $2.7m 0.39% Unchanged
19 OAKTREE CAPITAL MANAGEMENT LP 0.04% of their portfolio LOS ANGELES, CA 2,872,0002.9m $2.6m $2.6m 0.04% Added +1.2m +1,244,000
20 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 2,850,0002.9m $2.6m $2.6m 0.00% Unchanged
21 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 2,500,0002.5m $2.3m $2.3m 0.00% Reduced -2.0m -2,000,000
22 BlackRock Inc. 0.00% of their portfolio New York, NY 2,281,0002.3m $2.1m $2.1m 0.00% Added +300.0k +300,000
23 Venator Capital Management Ltd. 3.18% of their portfolio TORONTO, A6 1,500,0001.5m $1.4m $1.4m 3.18% Unchanged
24 Amundi 0.00% of their portfolio Paris, I0 1,213,0001.2m $1.1m $1.1m 0.00% Added +600.0k +600,000
25 Lombard Odier Asset Management (Europe) Ltd 0.06% of their portfolio LONDON, X0 1,213,0001.2m $1.1m $1.1m 0.06% Added +600.0k +600,000
26 EDMOND DE ROTHSCHILD HOLDING S.A. 0.02% of their portfolio CHAMBESY, V8 1,150,0001.1m $1.0m $1.0m 0.02% New
27 TENOR CAPITAL MANAGEMENT Co., L.P. 0.02% of their portfolio NEW YORK, NY 874,000874.0k $791.0k $791.0k 0.02% New
28 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 504,000504.0k $453.1k $453.1k 0.00% Reduced -47.0k -47,000
29 Cutler Capital Management, LLC 0.12% of their portfolio WORCESTER, MA 290,000290.0k $260.7k $260.7k 0.12% Unchanged
30 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 170,000170.0k $153.5k $153.5k 0.00% Added +28.0k +28,000
31 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 30,00030.0k $27.0k $27.0k 0.00% Unchanged
32 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 19,00019.0k $17.1k $17.1k 0.00% Unchanged
33 PATRON PARTNERS, LLC 0.01% of their portfolio HOUSTON, TX 10,00010.0k $9.0k $9.0k 0.01% Unchanged
34 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 9,0009.0k $8.1k $8.1k 0.00% Unchanged
35 OFI INVEST ASSET MANAGEMENT 0.18% of their portfolio ISSY LES MOULINEAUX, I0 5,5005.5k $5.0m $5.0m 0.18% New
36 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 4,0004.0k $3.6k $3.6k 0.00% Unchanged
37 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,0002.0k $2.0k $2.0k 0.00% Unchanged
38 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged