Vault-13

DEXCOM INC DXCM 0.375 05.15.28

NOTE 0.375% 5/1 · US DOMESTIC · CUSIP 252131AM9

75 institutional holders +3 vs Q1 2025
29,678,30829.7m shares reported held*
$1.0bnreported value*
14 new 24 added 19 reduced 10 sold out net sold ≈ $16.7m (+3.3m 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 ≈ $34.52.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q2 24: 65Q3 24: 70Q4 24: 70Q1 25: 72Q2 25: 7575Q2 24Q3 24Q4 24Q1 25Q2 25
Numbers
QuarterHolders
Q2 202465
Q3 202470
Q4 202470
Q1 202572
Q2 202575

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q3 24: 46 bought or addedQ3 24: 32 cut or sold outQ3 24Q4 24: 29 bought or addedQ4 24: 39 cut or sold outQ4 24Q1 25: 41 bought or addedQ1 25: 34 cut or sold outQ1 25Q2 25: 38 bought or addedQ2 25: 29 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20244632
Q4 20242939
Q1 20254134
Q2 20253829

Biggest buyers

SONA ASSET MANAGEMENT (US) LLC New +38,500,000+38.5m
MacKay Shields LLC New +37,468,000+37.5m
ARISTEIA CAPITAL, L.L.C. Added +27,500,000+27.5m
LAZARD ASSET MANAGEMENT LLC Added +18,137,000+18.1m
AQR Arbitrage LLC Added +18,000,000+18.0m
BlackRock, Inc. Added +14,345,000+14.3m
BNP PARIBAS FINANCIAL MARKETS Added +12,328,000+12.3m
JPMORGAN CHASE & CO Added +7,851,000+7.9m
TWO SIGMA INVESTMENTS, LP Added +7,644,000+7.6m
FMR LLC Added +6,807,000+6.8m

Biggest sellers

Linden Advisors LP Sold out -83,750,000-83.8m
WOLVERINE ASSET MANAGEMENT LLC Reduced -32,800,000-32.8m
BRAIDWELL LP Sold out -25,450,000-25.4m
Hudson Bay Capital Management LP Sold out -19,500,000-19.5m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -18,803,000-18.8m
SILVERBACK ASSET MANAGEMENT LLC Sold out -14,000,000-14.0m
AMERIPRISE FINANCIAL INC Reduced -10,004,000-10.0m
Sculptor Capital LP Reduced -5,500,000-5.5m
WELLINGTON MANAGEMENT GROUP LLP Reduced -5,130,000-5.1m
Man Group plc Sold out -4,800,000-4.8m

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 STEELHEAD PARTNERS LLC 3.78% of their portfolio SEATTLE, WA 79,850,00079.8m $75.1m $75.1m 3.78% Reduced -150.0k -150,000
2 ADVENT CAPITAL MANAGEMENT /DE/ 1.54% of their portfolio NEW YORK, NY 74,589,00074.6m $70.3m $70.3m 1.54% Reduced -18.8m -18,803,000
3 BlackRock, Inc. 0.00% of their portfolio New York, NY 70,505,00070.5m $66.1m $66.1m 0.00% Added +14.3m +14,345,000
4 CAMDEN ASSET MANAGEMENT L P /CA 1.48% of their portfolio Los Angeles, CA 67,230,00067.2m $63.1m $63.1m 1.48% Added +2.1m +2,055,000
5 Calamos Advisors LLC 0.23% of their portfolio NAPERVILLE, IL 56,696,00056.7m $53.3m $53.3m 0.23% Unchanged
6 AQR Arbitrage LLC 1.23% of their portfolio Greenwich, CT 55,500,00055.5m $52.3m $52.3m 1.23% Added +18.0m +18,000,000
7 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 50,165,00050.2m $47.3m $47.3m 0.01% Added +975.0k +975,000
8 SONA ASSET MANAGEMENT (US) LLC 1.22% of their portfolio NEW YORK, NY 38,500,00038.5m $36.2m $36.2m 1.22% New
9 TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio NEW YORK, NY 38,394,00038.4m $36.0m $36.0m 0.06% Added +7.6m +7,644,000
10 DeepCurrents Investment Group LLC 1.32% of their portfolio NEW YORK, NY 38,250,00038.2m $36.0m $36.0m 1.32% Added +4.5m +4,500,000
11 MacKay Shields LLC 1.13% of their portfolio New York, NY 37,468,00037.5m $35.3m $35.3m 1.13% New
12 Magnetar Financial LLC 0.17% of their portfolio EVANSTON, IL 37,246,00037.2m $35.1m $35.1m 0.17% Added +4.9m +4,896,000
13 ARISTEIA CAPITAL, L.L.C. 0.84% of their portfolio GREENWICH, CT 31,500,00031.5m $29.7m $29.7m 0.84% Added +27.5m +27,500,000
14 Sculptor Capital LP 0.46% of their portfolio New York, NY 30,000,00030.0m $28.2m $28.2m 0.46% Reduced -5.5m -5,500,000
15 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 26,809,00026.8m $25.2m $25.2m 0.02% Added +12.3m +12,328,000
16 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 25,802,00025.8m $24.2m $24.2m 0.00% Added +7.9m +7,851,000
17 LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 24,512,00024.5m $23.1m $23.1m 0.03% Added +18.1m +18,137,000
18 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 24,275,00024.3m $22.8m $22.8m 0.00% Reduced -650.0k -650,000
19 Wellesley Asset Management 2.02% of their portfolio PORTSMOUTH, NH 22,691,00022.7m $21.2m $21.2m 2.02% Added +6.0m +5,962,000
20 TENOR CAPITAL MANAGEMENT Co., L.P. 0.25% of their portfolio NEW YORK, NY 20,000,00020.0m $18.8m $18.8m 0.25% Added +2.5m +2,500,000
21 WOLVERINE ASSET MANAGEMENT LLC 0.30% of their portfolio CHICAGO, IL 19,000,00019.0m $17.8m $17.8m 0.30% Reduced -32.8m -32,800,000
22 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 18,799,00018.8m $17.7m $17.7m 0.01% Unchanged
23 Jefferies Financial Group Inc. 0.23% of their portfolio NEW YORK, NY 14,893,00014.9m $14.0m $14.0m 0.23% Added +2.0m +1,969,000
24 FMR LLC 0.00% of their portfolio BOSTON, MA 14,659,00014.7m $13.8m $13.8m 0.00% Added +6.8m +6,807,000
25 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 13,976,00014.0m $13.1m $13.1m 0.01% Reduced -541.0k -541,000
26 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 13,555,00013.6m $12.7m $12.7m 0.00% Reduced -5.1m -5,130,000
27 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 13,000,00013.0m $12.2m $12.2m 0.01% Reduced -500.0k -500,000
28 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 12,750,00012.8m $12.0m $12.0m 0.01% Unchanged
29 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 11,037,00011.0m $10.4m $10.4m 0.01% Reduced -3.5m -3,484,000
30 OAKTREE CAPITAL MANAGEMENT LP 0.15% of their portfolio LOS ANGELES, CA 8,288,0008.3m $7.8m $7.8m 0.15% Reduced -2.2m -2,198,000
31 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 8,214,0008.2m $7.7m $7.7m 0.00% Reduced -3.6m -3,636,000
32 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 7,704,0007.7m $7.2m $7.2m 0.00% Added +1.7m +1,720,000
33 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 7,133,0007.1m $6.7m $6.7m 0.00% Added +331.0k +331,000
34 Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio FRANKFURT AM MAIN, 2M 7,079,0007.1m $6.7m $6.7m 0.01% Unchanged
35 INCOME RESEARCH & MANAGEMENT 1.56% of their portfolio Boston, MA 6,226,0006.2m $5.8m $5.8m 1.56% New
36 Amundi 0.00% of their portfolio Paris, I0 6,000,0006.0m $5.6m $5.6m 0.00% Unchanged
37 OFI INVEST ASSET MANAGEMENT 0.11% of their portfolio ISSY LES MOULINEAUX, I0 5,600,0005.6m $4.5m $4.5m 0.11% Reduced -4.4m -4,400,000
38 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 4,797,0004.8m $4.5m $4.5m 0.00% Added +3.6m +3,552,000
39 RWC Asset Management LLP 0.22% of their portfolio LONDON, X0 4,500,0004.5m $4.2m $4.2m 0.22% Reduced -500.0k -500,000
40 AXA S.A. 0.01% of their portfolio PARIS, I0 3,900,0003.9m $3.7m $3.7m 0.01% Unchanged
41 WATER ISLAND CAPITAL LLC 0.58% of their portfolio NEW YORK, NY 3,500,0003.5m $3.3m $3.3m 0.58% Unchanged
42 SUSQUEHANNA ADVISORS GROUP, INC. 0.00% of their portfolio BALA CYNWYD, PA 3,500,0003.5m $32.8k $32.8k 0.00% Added +1.0m +1,000,000
43 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 3,398,0003.4m $3.2m $3.2m 0.01% Reduced -102.0k -102,000
44 ANGELO GORDON & CO., L.P. 0.37% of their portfolio NEW YORK, NY 3,000,0003.0m $2.8m $2.8m 0.37% New
45 WESTWOOD HOLDINGS GROUP INC 0.02% of their portfolio DALLAS, TX 3,000,0003.0m $3.0m $3.0m 0.02% Unchanged
46 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,220,0002.2m $2.1m $2.1m 0.00% Reduced -2.9m -2,927,000
47 SSI INVESTMENT MANAGEMENT LLC 0.14% of their portfolio Los Angeles, CA 2,153,0002.2m $2.0m $2.0m 0.14% Added +1.3m +1,300,000
48 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,500,0001.5m $1.4m $1.4m 0.00% Added +800.0k +800,000
49 Erste Asset Management GmbH 0.01% of their portfolio VIENNA, C4 1,500,0001.5m $1.4m $1.4m 0.01% Added +1.5m +1,500,000
50 AGF MANAGEMENT LTD 0.00% of their portfolio TORONTO, A6 1,150,0001.1m $1.1m $1.1m 0.00% New
51 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 1,050,0001.1m $979.0k $979.0k 0.00% Unchanged
52 DNCA FINANCE 0.06% of their portfolio PARIS, I0 900,000900.0k $845.7k $845.7k 0.06% Unchanged
53 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 790,000790.0k $741.0k $741.0k 0.00% New
54 Kohlberg Kravis Roberts & Co. L.P. 0.01% of their portfolio NEW YORK, NY 375,000375.0k $353.6k $353.6k 0.01% Unchanged
55 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 360,000360.0k $338.1k $338.1k 0.00% Reduced -101.0k -101,000
56 ABN AMRO INVESTMENT SOLUTIONS 0.01% of their portfolio PARIS CEDEX 008, I0 300,000300.0k $282.9k $282.9k 0.01% Unchanged
57 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 199,000199.0k $186.7k $186.7k 0.00% New
58 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 139,000139.0k $130.4k $130.4k 0.00% Unchanged
59 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 134,000134.0k $125.7k $125.7k 0.00% Unchanged
60 NOMURA HOLDINGS INC 0.04% of their portfolio TOKYO, M0 60,30860.3k $5.3m $5.3m 0.04% New
61 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 60,00060.0k $56.3k $56.3k 0.00% New
62 SHENKMAN CAPITAL MANAGEMENT INC 0.01% of their portfolio NEW YORK, NY 60,00060.0k $56.0k $56.0k 0.01% Reduced -3.6m -3,601,000
63 SG Americas Securities, LLC 0.02% of their portfolio NEW YORK, NY 58,46058.5k $5.5m $5.5m 0.02% Added +15.0k +15,000
64 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 36,00036.0k $33.9k $33.9k 0.01% New
65 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 33,00033.0k $31.0k $31.0k 0.00% Unchanged
66 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 26,00026.0k $24.5k $24.5k 0.00% Unchanged
67 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 23,00023.0k $21.6k $21.6k 0.00% Unchanged
68 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 18,00018.0k $16.9k $16.9k 0.00% Reduced -10.0m -10,004,000
69 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 17,00017.0k $15.8k $15.8k 0.00% New
70 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 15,00015.0k $14.1k $14.1k 0.00% New
71 Oaktree Fund Advisors, LLC 0.02% of their portfolio LOS ANGLES, CA 12,00012.0k $11.3k $11.3k 0.02% Reduced -2.0k -2,000
72 COMERICA BANK 0.00% of their portfolio DALLAS, TX 7,0007.0k $6.6k $6.6k 0.00% New
73 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio CINCINNATI, OH 3,0003.0k $2.8k $2.8k 0.00% New
74 Candriam S.C.A. 0.01% of their portfolio STRASSEN, N4 1,7001.7k $1.6m $1.6m 0.01% Added +600 +600
75 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged