Vault-13

CHEGG INC CHGG 0.125 03.15.25

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

41 institutional holders -2 vs Q2 2024
14,606,00014.6m shares reported held*
$332.0mreported value*
4 new 8 added 9 reduced 5 sold out net bought ≈ $35.6m (-8.8m 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 ≈ $22.73.

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 52Q4 22: 57Q1 23: 60Q2 23: 43Q3 23: 38Q4 23: 41Q1 24: 41Q2 24: 43Q3 24: 4141Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 202252
Q4 202257
Q1 202360
Q2 202343
Q3 202338
Q4 202341
Q1 202441
Q2 202443
Q3 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 outQ1 23: 31 bought or addedQ1 23: 27 cut or sold outQ1 23Q2 23: 13 bought or addedQ2 23: 43 cut or sold outQ3 23: 13 bought or addedQ3 23: 16 cut or sold outQ3 23Q4 23: 16 bought or addedQ4 23: 9 cut or sold outQ1 24: 16 bought or addedQ1 24: 11 cut or sold outQ1 24Q2 24: 19 bought or addedQ2 24: 18 cut or sold outQ3 24: 12 bought or addedQ3 24: 14 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222722
Q1 20233127
Q2 20231343
Q3 20231316
Q4 2023169
Q1 20241611
Q2 20241918
Q3 20241214

Biggest buyers

BANK OF MONTREAL /CAN/ Added +49,557,000+49.6m
Linden Advisors LP Added +9,528,000+9.5m
INTREPID CAPITAL MANAGEMENT INC New +7,500,000+7.5m
D. E. Shaw & Co., Inc. Added +5,500,000+5.5m
OAKTREE CAPITAL MANAGEMENT LP Added +1,243,000+1.2m
NewGen Asset Management Ltd New +1,000,000+1.0m
ZAZOVE ASSOCIATES LLC New +65,000+65.0k
JPMORGAN CHASE & CO Added +56,000+56.0k
Walleye Capital LLC Added +20,000+20.0k
LPL Financial LLC New +11,000+11.0k

Biggest sellers

LORD, ABBETT & CO. LLC Sold out -16,016,000-16.0m
MARSHALL WACE, LLP Sold out -4,500,000-4.5m
MORGAN STANLEY Reduced -4,250,000-4.2m
CITIGROUP INC Reduced -3,918,000-3.9m
Magnetar Financial LLC Reduced -3,500,000-3.5m
LAZARD ASSET MANAGEMENT LLC Reduced -2,992,000-3.0m
PRIVATE MANAGEMENT GROUP INC Reduced -1,259,000-1.3m
EDMOND DE ROTHSCHILD HOLDING S.A. Sold out -470,000-470.0k
Jefferies Financial Group Inc. Sold out -349,000-349.0k
Stonegate Investment Group, LLC Sold out -19,000-19.0k

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.77% of their portfolio New York, NY 94,818,00094.8m $91.1m $91.1m 0.77% Added +9.5m +9,528,000
2 D. E. Shaw & Co., Inc. 0.09% of their portfolio New York, NY 74,932,00074.9m $71.9m $71.9m 0.09% Added +5.5m +5,500,000
3 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 49,562,00049.6m $47.6m $47.6m 0.02% Added +49.6m +49,557,000
4 HIGHBRIDGE CAPITAL MANAGEMENT LLC 1.34% of their portfolio NEW YORK, NY 36,100,00036.1m $34.7m $34.7m 1.34% Unchanged
5 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 18,152,00018.2m $17.4m $17.4m 0.02% Reduced -3.0m -2,992,000
6 Crossingbridge Advisors, LLC 9.24% of their portfolio PLEASANTVILLE, NY 12,675,00012.7m $12.1m $12.1m 9.24% Unchanged
7 INTREPID CAPITAL MANAGEMENT INC 3.98% of their portfolio JACKSONVILLE BEACH, FL 7,500,0007.5m $7.2m $7.2m 3.98% New
8 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 7,122,0007.1m $6.8m $6.8m 0.00% Unchanged
9 PALISADE CAPITAL MANAGEMENT, LP 0.17% of their portfolio FORT LEE, NJ 6,833,0006.8m $6.6m $6.6m 0.17% Unchanged
10 OAKTREE CAPITAL MANAGEMENT LP 0.09% of their portfolio LOS ANGELES, CA 5,568,0005.6m $5.3m $5.3m 0.09% Added +1.2m +1,243,000
11 PIPER SANDLER & CO. 3.23% of their portfolio MINNEAPOLIS, MN 5,000,0005.0m $4.8m $4.8m 3.23% Unchanged
12 PRIVATE MANAGEMENT GROUP INC 0.16% of their portfolio IRVINE, CA 4,880,0004.9m $4.7m $4.7m 0.16% Reduced -1.3m -1,259,000
13 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 4,450,0004.5m $4.3m $4.3m 0.00% Unchanged
14 SSI INVESTMENT MANAGEMENT LLC 0.28% of their portfolio Los Angeles, CA 4,000,0004.0m $3.8m $3.8m 0.28% Unchanged
15 Walleye Capital LLC 0.03% of their portfolio NEW YORK, NY 3,067,0003.1m $2.9m $2.9m 0.03% Added +20.0k +20,000
16 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.37% of their portfolio Miamisburg, OH 3,000,0003.0m $2.9m $2.9m 0.37% Unchanged
17 Radcliffe Capital Management, L.P. 0.28% of their portfolio BALA CYNWYD, PA 1,732,0001.7m $1.7m $1.7m 0.28% Unchanged
18 Magnetar Financial LLC 0.03% of their portfolio EVANSTON, IL 1,500,0001.5m $1.4m $1.4m 0.03% Reduced -3.5m -3,500,000
19 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,431,0001.4m $1.4m $1.4m 0.00% Reduced -3.9m -3,918,000
20 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 1,050,0001.1m $1.0m $1.0m 0.00% Unchanged
21 NewGen Asset Management Ltd 0.52% of their portfolio TORONTO, A6 1,000,0001.0m $957.5k $957.5k 0.52% New
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 606,000606.0k $581.8k $581.8k 0.00% Added +56.0k +56,000
23 Cutler Capital Management, LLC 0.10% of their portfolio WORCESTER, MA 290,000290.0k $277.7k $277.7k 0.10% Unchanged
24 Amundi 0.00% of their portfolio Paris, I0 240,000240.0k $228.6k $228.6k 0.00% Unchanged
25 Fox Hill Wealth Management 0.04% of their portfolio DEDHAM, MA 81,00081.0k $77.6k $77.6k 0.04% Unchanged
26 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio HARRISBURG, PA 80,00080.0k $76.6k $76.6k 0.00% Unchanged
27 ZAZOVE ASSOCIATES LLC 0.01% of their portfolio INCLINE VILLAGE, NV 65,00065.0k $62.4k $62.4k 0.01% New
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 54,00054.0k $51.7k $51.7k 0.00% Reduced -4.2m -4,250,000
29 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 40,00040.0k $38.4k $38.4k 0.00% Reduced -1.0k -1,000
30 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 40,00040.0k $38.3k $38.3k 0.00% Unchanged
31 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 30,00030.0k $28.7k $28.7k 0.00% Unchanged
32 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 30,00030.0k $28.7k $28.7k 0.00% Added +6.0k +6,000
33 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 11,00011.0k $10.5k $10.5k 0.00% New
34 PATRON PARTNERS, LLC 0.01% of their portfolio HOUSTON, TX 10,00010.0k $9.6k $9.6k 0.01% Unchanged
35 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 3,0003.0k $2.9k $2.9k 0.00% Reduced -3.0k -3,000
36 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 3,0003.0k $2.9k $2.9k 0.00% Reduced -6.0k -6,000
37 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 2,0002.0k $1.9k $1.9k 0.00% Unchanged
38 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,0002.0k $2.0k $2.0k 0.00% Unchanged
39 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,8001.8k $1.7k $1.7k 0.00% Reduced -5.0k -5,000
40 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,5001.5k $1.4k $1.4k 0.00% Added +500 +500
41 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged