Vault-13

COLLEGIUM PHARMACEUTICAL INC COLL 2.875 02.15.29

NOTE 2.875% 2/1 · US DOMESTIC · CUSIP 19459JAC8

12 institutional holders -7 vs Q4 2025
5,100,0005.1m shares reported held*
$276.7mreported value*
1 new 3 added 5 reduced 8 sold out net bought ≈ $18.7m (+1.1m 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 ≈ $54.26.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

01020Q1 24: 20Q2 24: 17Q3 24: 19Q4 24: 20Q1 25: 20Q2 25: 15Q3 25: 14Q4 25: 19Q1 26: 1212Q1 24Q3 24Q1 25Q3 25Q1 26
Numbers
QuarterHolders
Q1 202420
Q2 202417
Q3 202419
Q4 202420
Q1 202520
Q2 202515
Q3 202514
Q4 202519
Q1 202612

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q2 24: 9 bought or addedQ2 24: 7 cut or sold outQ3 24: 10 bought or addedQ3 24: 7 cut or sold outQ3 24Q4 24: 8 bought or addedQ4 24: 10 cut or sold outQ1 25: 8 bought or addedQ1 25: 7 cut or sold outQ1 25Q2 25: 6 bought or addedQ2 25: 6 cut or sold outQ3 25: 5 bought or addedQ3 25: 3 cut or sold outQ3 25Q4 25: 13 bought or addedQ4 25: 8 cut or sold outQ1 26: 4 bought or addedQ1 26: 13 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 202497
Q3 2024107
Q4 2024810
Q1 202587
Q2 202566
Q3 202553
Q4 2025138
Q1 2026413

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. Added +59,807,000+59.8m
SSI INVESTMENT MANAGEMENT LLC New +5,100,000+5.1m
Linden Advisors LP Added +1,000,000+1.0m
Wellesley Asset Management Added +125,000+125.0k

Biggest sellers

WHITEBOX ADVISORS LLC Sold out -10,700,000-10.7m
CSS LLC/IL Sold out -10,500,000-10.5m
SILVERBACK ASSET MANAGEMENT LLC Reduced -8,000,000-8.0m
SSI INVESTMENT MANAGEMENT LLC Sold out -4,350,000-4.3m
PICTON MAHONEY ASSET MANAGEMENT Sold out -4,000,000-4.0m
GABELLI FUNDS LLC Sold out -3,000,000-3.0m
Context Capital Management, LLC Sold out -2,607,000-2.6m
TWO SIGMA INVESTMENTS, LP Sold out -2,500,000-2.5m
BNP PARIBAS FINANCIAL MARKETS Reduced -1,817,000-1.8m
CITIGROUP INC Reduced -1,298,000-1.3m

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.88% of their portfolio New York, NY 135,690,000135.7m $157.7m $157.7m 0.88% Added +1.0m +1,000,000
2 TENOR CAPITAL MANAGEMENT Co., L.P. 1.24% of their portfolio NEW YORK, NY 68,807,00068.8m $80.2m $80.2m 1.24% Added +59.8m +59,807,000
3 SILVERBACK ASSET MANAGEMENT LLC 2.36% of their portfolio DURHAM, NC 10,300,00010.3m $12.0m $12.0m 2.36% Reduced -8.0m -8,000,000
4 Walleye Capital LLC 0.05% of their portfolio NEW YORK, NY 6,498,0006.5m $7.6m $7.6m 0.05% Unchanged
5 SSI INVESTMENT MANAGEMENT LLC 0.41% of their portfolio Los Angeles, CA 5,100,0005.1m $5.9m $5.9m 0.41% New
6 Wellesley Asset Management 0.26% of their portfolio PORTSMOUTH, NH 4,125,0004.1m $2.5m $2.5m 0.26% Added +125.0k +125,000
7 ARISTEIA CAPITAL, L.L.C. 0.09% of their portfolio GREENWICH, CT 3,500,0003.5m $4.1m $4.1m 0.09% Reduced -1.0m -1,000,000
8 FMR LLC 0.00% of their portfolio BOSTON, MA 2,849,0002.8m $3.3m $3.3m 0.00% Unchanged
9 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,324,0001.3m $1.5m $1.5m 0.00% Reduced -1.8m -1,817,000
10 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 922,000922.0k $1.1m $1.1m 0.00% Reduced -1.3m -1,298,000
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 806,000806.0k $934.3k $934.3k 0.00% Unchanged
12 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 676,000676.0k $7.9k $7.9k 0.00% Reduced -1.2m -1,183,000