Vault-13

CHEGG INC CHGG 0.125 03.15.25

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

41 institutional holders +3 vs Q3 2023
27,322,50027.3m shares reported held*
$345.0mreported value*
6 new 10 added 6 reduced 3 sold out net bought ≈ $13.9m (+3.7m 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 ≈ $12.63.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 52Q4 22: 57Q1 23: 60Q2 23: 43Q3 23: 38Q4 23: 4141Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202252
Q4 202257
Q1 202360
Q2 202343
Q3 202338
Q4 202341

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 23Q4 23: 16 bought or addedQ4 23: 9 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222722
Q1 20233127
Q2 20231343
Q3 20231316
Q4 2023169

Biggest buyers

Linden Advisors LP Added +13,281,000+13.3m
LORD, ABBETT & CO. LLC Added +8,025,000+8.0m
JPMORGAN CHASE & CO Added +6,640,000+6.6m
Opti Capital Management, LP New +6,400,000+6.4m
MORGAN STANLEY Added +5,136,000+5.1m
MARSHALL WACE, LLP Added +3,500,000+3.5m
Magnetar Financial LLC New +3,400,000+3.4m
PIPER SANDLER & CO. New +2,500,000+2.5m
HIGHBRIDGE CAPITAL MANAGEMENT LLC Added +2,500,000+2.5m
D. E. Shaw & Co., Inc. Added +2,500,000+2.5m

Biggest sellers

Calamos Advisors LLC Sold out -13,457,000-13.5m
LORD, ABBETT & CO. LLC Sold out -9,403,000-9.4m
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Reduced -6,350,000-6.3m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Reduced -4,300,000-4.3m
STATE STREET CORP Reduced -3,800,000-3.8m
OAKTREE CAPITAL MANAGEMENT LP Sold out -2,872,000-2.9m
LAZARD ASSET MANAGEMENT LLC Reduced -1,000,000-1.0m
PRIVATE MANAGEMENT GROUP INC Reduced -32,000-32.0k
PALISADE CAPITAL MANAGEMENT, LP Reduced -23,000-23.0k

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio ATLANTA, GA 73,830,00073.8m $68.3m $68.3m 0.07% Unchanged
2 D. E. Shaw & Co., Inc. 0.08% of their portfolio New York, NY 62,432,00062.4m $57.6m $57.6m 0.08% Added +2.5m +2,500,000
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 $48.1m $48.1m 0.02% Unchanged
4 Linden Advisors LP 0.39% of their portfolio New York, NY 44,459,00044.5m $41.0m $41.0m 0.39% Added +13.3m +13,281,000
5 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 19,144,00019.1m $17.7m $17.7m 0.02% Reduced -1.0m -1,000,000
6 LORD, ABBETT & CO. LLC 0.03% of their portfolio JERSEY CITY, NJ 17,428,00017.4m $16.0m $16.0m 0.03% Added +8.0m +8,025,000
7 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.68% of their portfolio NEW YORK, NY 14,000,00014.0m $12.9m $12.9m 0.68% Added +2.5m +2,500,000
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 10,314,00010.3m $9.5m $9.5m 0.00% Added +6.6m +6,640,000
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,720,0009.7m $8.9m $8.9m 0.00% Added +5.1m +5,136,000
10 PALISADE CAPITAL MANAGEMENT, LP 0.17% of their portfolio FORT LEE, NJ 6,898,0006.9m $6.3m $6.3m 0.17% Reduced -23.0k -23,000
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 6,413,0006.4m $5.9m $5.9m 0.00% Reduced -3.8m -3,800,000
12 Opti Capital Management, LP 0.45% of their portfolio New York, NY 6,400,0006.4m $5.9m $5.9m 0.45% New
13 PRIVATE MANAGEMENT GROUP INC 0.22% of their portfolio IRVINE, CA 6,180,0006.2m $5.7m $5.7m 0.22% Reduced -32.0k -32,000
14 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 6,000,0006.0m $5.5m $5.5m 0.01% Added +3.5m +3,500,000
15 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 4,200,0004.2m $3.9m $3.9m 0.01% Reduced -6.3m -6,350,000
16 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 3,550,0003.5m $3.3m $3.3m 0.01% Reduced -4.3m -4,300,000
17 Magnetar Financial LLC 0.08% of their portfolio EVANSTON, IL 3,400,0003.4m $3.1m $3.1m 0.08% New
18 SSI INVESTMENT MANAGEMENT LLC 0.23% of their portfolio Los Angeles, CA 3,250,0003.2m $3.0m $3.0m 0.23% Unchanged
19 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.37% of their portfolio Miamisburg, OH 3,000,0003.0m $2.8m $2.8m 0.37% Unchanged
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 PIPER SANDLER & CO. 1.74% of their portfolio MINNEAPOLIS, MN 2,500,0002.5m $2.3m $2.3m 1.74% New
22 BlackRock Inc. 0.00% of their portfolio New York, NY 2,281,0002.3m $2.1m $2.1m 0.00% Unchanged
23 Jefferies Financial Group Inc. 0.03% of their portfolio NEW YORK, NY 1,757,0001.8m $1.6m $1.6m 0.03% New
24 Amundi 0.00% of their portfolio Paris, I0 1,213,0001.2m $1.1m $1.1m 0.00% Unchanged
25 Lombard Odier Asset Management (Europe) Ltd 0.08% of their portfolio LONDON, X0 1,213,0001.2m $1.1m $1.1m 0.08% Unchanged
26 EDMOND DE ROTHSCHILD HOLDING S.A. 0.02% of their portfolio CHAMBESY, V8 1,150,0001.1m $1.1m $1.1m 0.02% Unchanged
27 TENOR CAPITAL MANAGEMENT Co., L.P. 0.01% of their portfolio NEW YORK, NY 874,000874.0k $807.7k $807.7k 0.01% Unchanged
28 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 604,000604.0k $556.0k $556.0k 0.00% Added +100.0k +100,000
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 504,000504.0k $463.9k $463.9k 0.00% Added +500.0k +500,000
30 Cutler Capital Management, LLC 0.11% of their portfolio WORCESTER, MA 290,000290.0k $266.9k $266.9k 0.11% Unchanged
31 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 210,000210.0k $192.8k $192.8k 0.00% Added +40.0k +40,000
32 Fox Hill Wealth Management 0.06% of their portfolio DEDHAM, MA 82,00082.0k $75.3k $75.3k 0.06% First filing
33 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 40,00040.0k $36.8k $36.8k 0.00% New
34 Virtus Investment Advisers, LLC 0.03% of their portfolio HARTFORD, CT 39,00039.0k $35.9k $35.9k 0.03% New
35 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 30,00030.0k $27.6k $27.6k 0.00% Unchanged
36 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 19,00019.0k $17.5k $17.5k 0.00% Unchanged
37 PATRON PARTNERS, LLC 0.01% of their portfolio HOUSTON, TX 10,00010.0k $9.2k $9.2k 0.01% Unchanged
38 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 9,0009.0k $8.3k $8.3k 0.00% Unchanged
39 OFI INVEST ASSET MANAGEMENT 0.17% of their portfolio ISSY LES MOULINEAUX, I0 5,5005.5k $5.1m $5.1m 0.17% Unchanged
40 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,0002.0k $2.0k $2.0k 0.00% Unchanged
41 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged