Vault-13

CHEGG INC CHGG 0.125 03.15.25

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

41 institutional holders +0 vs Q4 2023
29,645,50029.6m shares reported held*
$363.6mreported value*
4 new 12 added 6 reduced 5 sold out net bought ≈ $7.5m (+2.3m 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 ≈ $12.27.

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 52Q4 22: 57Q1 23: 60Q2 23: 43Q3 23: 38Q4 23: 41Q1 24: 4141Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202252
Q4 202257
Q1 202360
Q2 202343
Q3 202338
Q4 202341
Q1 202441

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 23Q1 24: 16 bought or addedQ1 24: 11 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222722
Q1 20233127
Q2 20231343
Q3 20231316
Q4 2023169
Q1 20241611

Biggest buyers

PIPER SANDLER & CO. Added +6,400,000+6.4m
JPMORGAN CHASE & CO Added +6,110,000+6.1m
OFI INVEST ASSET MANAGEMENT Added +5,500,000+5.5m
Linden Advisors LP Added +4,934,000+4.9m
LAZARD ASSET MANAGEMENT LLC Added +1,000,000+1.0m
Radcliffe Capital Management, L.P. New +732,000+732.0k
STATE STREET CORP Added +709,000+709.0k
BlackRock Inc. Added +500,000+500.0k
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Added +500,000+500.0k
SSI INVESTMENT MANAGEMENT LLC Added +250,000+250.0k

Biggest sellers

Opti Capital Management, LP Sold out -6,400,000-6.4m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduced -3,600,000-3.6m
MACQUARIE GROUP LTD Sold out -2,850,000-2.9m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Reduced -2,500,000-2.5m
Jefferies Financial Group Inc. Sold out -1,757,000-1.8m
LORD, ABBETT & CO. LLC Reduced -654,000-654.0k
BANK OF AMERICA CORP /DE/ Sold out -504,000-504.0k
WELLS FARGO & COMPANY/MN Reduced -209,000-209.0k
Virtus Investment Advisers, LLC Sold out -39,000-39.0k
PALISADE CAPITAL MANAGEMENT, LP Reduced -24,000-24.0k

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio ATLANTA, GA 73,830,00073.8m $69.1m $69.1m 0.07% Unchanged
2 D. E. Shaw & Co., Inc. 0.08% of their portfolio New York, NY 62,432,00062.4m $58.8m $58.8m 0.08% Unchanged
3 Linden Advisors LP 0.37% of their portfolio New York, NY 49,393,00049.4m $46.4m $46.4m 0.37% Added +4.9m +4,934,000
4 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 48,800,00048.8m $45.6m $45.6m 0.02% Reduced -3.6m -3,600,000
5 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 20,144,00020.1m $18.9m $18.9m 0.02% Added +1.0m +1,000,000
6 LORD, ABBETT & CO. LLC 0.03% of their portfolio JERSEY CITY, NJ 16,774,00016.8m $15.6m $15.6m 0.03% Reduced -654.0k -654,000
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 16,424,00016.4m $15.5m $15.5m 0.00% Added +6.1m +6,110,000
8 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.56% of their portfolio NEW YORK, NY 14,000,00014.0m $13.2m $13.2m 0.56% Unchanged
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,963,00010.0m $9.3m $9.3m 0.00% Added +243.0k +243,000
10 PIPER SANDLER & CO. 5.71% of their portfolio MINNEAPOLIS, MN 8,900,0008.9m $8.3m $8.3m 5.71% Added +6.4m +6,400,000
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 7,122,0007.1m $6.7m $6.7m 0.00% Added +709.0k +709,000
12 PALISADE CAPITAL MANAGEMENT, LP 0.17% of their portfolio FORT LEE, NJ 6,874,0006.9m $6.5m $6.5m 0.17% Reduced -24.0k -24,000
13 PRIVATE MANAGEMENT GROUP INC 0.22% of their portfolio IRVINE, CA 6,165,0006.2m $5.8m $5.8m 0.22% Reduced -15.0k -15,000
14 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 6,000,0006.0m $5.6m $5.6m 0.01% Unchanged
15 Crossingbridge Advisors, LLC 4.04% of their portfolio PLEASANTVILLE, NY 5,675,0005.7m $5.3m $5.3m 4.04% First filing
16 OFI INVEST ASSET MANAGEMENT 0.27% of their portfolio ISSY LES MOULINEAUX, I0 5,505,5005.5m $9.9m $9.9m 0.27% Added +5.5m +5,500,000
17 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 4,700,0004.7m $4.4m $4.4m 0.00% Added +500.0k +500,000
18 SSI INVESTMENT MANAGEMENT LLC 0.25% of their portfolio Los Angeles, CA 3,500,0003.5m $3.3m $3.3m 0.25% Added +250.0k +250,000
19 Magnetar Financial LLC 0.07% of their portfolio EVANSTON, IL 3,400,0003.4m $3.2m $3.2m 0.07% Unchanged
20 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.36% of their portfolio Miamisburg, OH 3,000,0003.0m $2.8m $2.8m 0.36% Unchanged
21 BlackRock Inc. 0.00% of their portfolio New York, NY 2,781,0002.8m $2.6m $2.6m 0.00% Added +500.0k +500,000
22 Amundi 0.00% of their portfolio Paris, I0 1,213,0001.2m $1.1m $1.1m 0.00% Unchanged
23 Lombard Odier Asset Management (Europe) Ltd 0.07% of their portfolio LONDON, X0 1,213,0001.2m $1.1m $1.1m 0.07% Unchanged
24 EDMOND DE ROTHSCHILD HOLDING S.A. 0.02% of their portfolio CHAMBESY, V8 1,150,0001.1m $1.1m $1.1m 0.02% Unchanged
25 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 1,050,0001.1m $981.0k $981.0k 0.00% Reduced -2.5m -2,500,000
26 TENOR CAPITAL MANAGEMENT Co., L.P. 0.01% of their portfolio NEW YORK, NY 874,000874.0k $822.9k $822.9k 0.01% Unchanged
27 Radcliffe Capital Management, L.P. 0.13% of their portfolio BALA CYNWYD, PA 732,000732.0k $681.9k $681.9k 0.13% New
28 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 646,000646.0k $603.2k $603.2k 0.00% Added +42.0k +42,000
29 Cutler Capital Management, LLC 0.11% of their portfolio WORCESTER, MA 290,000290.0k $270.1k $270.1k 0.11% Unchanged
30 Fox Hill Wealth Management 0.05% of their portfolio DEDHAM, MA 83,00083.0k $77.5k $77.5k 0.05% Added +1.0k +1,000
31 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 40,00040.0k $37.3k $37.3k 0.00% Unchanged
32 Virtus Investment Advisers, LLC 0.03% of their portfolio HARTFORD, CT 39,00039.0k $36.3k $36.3k 0.03% New
33 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 30,00030.0k $27.9k $27.9k 0.00% Unchanged
34 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio HARRISBURG, PA 30,00030.0k $27.9k $27.9k 0.00% New
35 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 19,00019.0k $17.7k $17.7k 0.00% Unchanged
36 PATRON PARTNERS, LLC 0.01% of their portfolio HOUSTON, TX 10,00010.0k $9.3k $9.3k 0.01% Unchanged
37 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 9,0009.0k $8.4k $8.4k 0.00% Unchanged
38 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 5,0005.0k $4.7k $4.7k 0.00% New
39 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,0002.0k $2.0k $2.0k 0.00% Unchanged
40 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,0001.0k $942 $942 0.00% Reduced -209.0k -209,000
41 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged