Vault-13

ENVESTNET INC ENV 0.75 08.15.25

NOTE 0.750% 8/1 · US DOMESTIC · CUSIP 29404KAE6

46 institutional holders +1 vs Q2 2023
47,659,70047.7m shares reported held*
$287.9mreported value*
5 new 9 added 15 reduced 4 sold out net sold ≈ $9.9m (-357.3k 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 ≈ $6.04.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 51Q4 22: 52Q1 23: 49Q2 23: 45Q3 23: 4646Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202251
Q4 202252
Q1 202349
Q2 202345
Q3 202346

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 14 bought or addedQ4 22: 26 cut or sold outQ4 22Q1 23: 22 bought or addedQ1 23: 17 cut or sold outQ1 23Q2 23: 12 bought or addedQ2 23: 21 cut or sold outQ2 23Q3 23: 14 bought or addedQ3 23: 19 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221426
Q1 20232217
Q2 20231221
Q3 20231419

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. Added +23,729,000+23.7m
Fort Baker Capital Management LP Added +12,500,000+12.5m
Segantii Capital Management Ltd New +10,000,000+10.0m
LAZARD ASSET MANAGEMENT LLC Added +2,000,000+2.0m
MILLENNIUM MANAGEMENT LLC New +1,500,000+1.5m
Kohlberg Kravis Roberts & Co. L.P. Added +1,088,000+1.1m
JPMORGAN CHASE & CO Added +843,000+843.0k
BNP PARIBAS FINANCIAL MARKETS Added +533,000+533.0k
Linden Advisors LP Added +440,000+440.0k
CITIGROUP INC New +100,000+100.0k

Biggest sellers

BANK OF MONTREAL /CAN/ Reduced -11,382,000-11.4m
DLD Asset Management, LP Reduced -10,750,000-10.8m
GOLDMAN SACHS GROUP INC Reduced -8,250,000-8.2m
ABSOLUTE INVESTMENT ADVISERS, LLC Sold out -7,186,000-7.2m
PUTNAM INVESTMENTS LLC Sold out -4,952,000-5.0m
SHENKMAN CAPITAL MANAGEMENT INC Reduced -4,629,000-4.6m
BOOTHBAY FUND MANAGEMENT, LLC Reduced -3,634,000-3.6m
ROYAL BANK OF CANADA Reduced -2,538,000-2.5m
BANK OF AMERICA CORP /DE/ Sold out -2,425,000-2.4m
WELLS FARGO & COMPANY/MN Sold out -2,122,000-2.1m

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 1.03% of their portfolio NEW YORK, NY 51,899,00051.9m $48.0m $48.0m 1.03% Added +23.7m +23,729,000
2 Fort Baker Capital Management LP 3.79% of their portfolio Larkspur, CA 41,755,00041.8m $38.6m $38.6m 3.79% Added +12.5m +12,500,000
3 Opti Capital Management, LP 1.44% of their portfolio New York, NY 21,752,00021.8m $20.1k $20.1k 1.44% Unchanged
4 LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 21,000,00021.0m $19.4m $19.4m 0.03% Added +2.0m +2,000,000
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 16,691,00016.7m $15.4m $15.4m 0.00% Added +843.0k +843,000
6 Linden Advisors LP 0.15% of their portfolio New York, NY 15,662,00015.7m $14.4m $14.4m 0.15% Added +440.0k +440,000
7 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 12,000,00012.0m $11.1m $11.1m 0.00% Unchanged
8 AVIVA PLC 0.05% of their portfolio LONDON, X0 12,000,00012.0m $11.0m $11.0m 0.05% Unchanged
9 Segantii Capital Management Ltd 0.35% of their portfolio HONG KONG, K3 10,000,00010.0m $9.2m $9.2m 0.35% New
10 OSTERWEIS CAPITAL MANAGEMENT INC 0.64% of their portfolio SAN FRANCISCO, CA 9,490,0009.5m $8.8m $8.8m 0.64% Unchanged
11 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 7,500,0007.5m $6.9m $6.9m 0.00% Unchanged
12 Aequim Alternative Investments LP 0.26% of their portfolio MILL VALLEY, CA 7,500,0007.5m $6.9m $6.9m 0.26% Unchanged
13 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 7,338,0007.3m $6.8m $6.8m 0.00% Reduced -800.0k -800,000
14 FIL Ltd 0.01% of their portfolio HAMILTON, D0 7,000,0007.0m $6.4m $6.4m 0.01% Unchanged
15 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 6,690,0006.7m $6.2m $6.2m 0.00% Added +100.0k +100,000
16 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 6,011,0006.0m $5.5m $5.5m 0.01% Added +533.0k +533,000
17 Calamos Advisors LLC 0.03% of their portfolio NAPERVILLE, IL 6,000,0006.0m $5.5m $5.5m 0.03% Unchanged
18 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.74% of their portfolio Miamisburg, OH 5,500,0005.5m $5.1m $5.1m 0.74% Unchanged
19 SHENKMAN CAPITAL MANAGEMENT INC 0.37% of their portfolio NEW YORK, NY 5,284,0005.3m $4.9m $4.9m 0.37% Reduced -4.6m -4,629,000
20 DLD Asset Management, LP 0.55% of their portfolio NEW YORK, NY 4,174,0004.2m $3.9m $3.9m 0.55% Reduced -10.8m -10,750,000
21 BlackRock Inc. 0.00% of their portfolio New York, NY 4,160,0004.2m $3.8m $3.8m 0.00% Unchanged
22 PALISADE CAPITAL MANAGEMENT, LP 0.10% of their portfolio FORT LEE, NJ 4,088,0004.1m $3.8m $3.8m 0.10% Reduced -14.0k -14,000
23 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 4,000,0004.0m $3.7m $3.7m 0.01% Unchanged
24 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 3,950,0004.0m $3.6m $3.6m 0.00% Reduced -750.0k -750,000
25 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 3,500,0003.5m $3.2m $3.2m 0.01% Unchanged
26 Man Group plc 0.01% of their portfolio LONDON, X0 2,900,0002.9m $2.6m $2.6m 0.01% Unchanged
27 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 2,826,0002.8m $2.6m $2.6m 0.00% Reduced -8.2m -8,250,000
28 Kohlberg Kravis Roberts & Co. L.P. 0.09% of their portfolio NEW YORK, NY 2,711,0002.7m $2.5m $2.5m 0.09% Added +1.1m +1,088,000
29 Liberty Mutual Group Asset Management Inc. 0.58% of their portfolio Boston, MA 2,250,0002.2m $2.1m $2.1m 0.58% Reduced -750.0k -750,000
30 SSI INVESTMENT MANAGEMENT LLC 0.17% of their portfolio Los Angeles, CA 2,228,0002.2m $2.1m $2.1m 0.17% Reduced -14.0k -14,000
31 BOOTHBAY FUND MANAGEMENT, LLC 0.06% of their portfolio NEW YORK, NY 1,888,0001.9m $1.7m $1.7m 0.06% Reduced -3.6m -3,634,000
32 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,620,0001.6m $1.5m $1.5m 0.00% Reduced -2.5m -2,538,000
33 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,500,0001.5m $1.4m $1.4m 0.00% New
34 CAMDEN ASSET MANAGEMENT L P /CA 0.05% of their portfolio Los Angeles, CA 1,450,0001.4m $1.3m $1.3m 0.05% Unchanged
35 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 1,118,0001.1m $1.0m $1.0m 0.00% Reduced -11.4m -11,382,000
36 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 802,000802.0k $739.9k $739.9k 0.00% Reduced -1.7m -1,710,000
37 Worth Venture Partners, LLC 0.38% of their portfolio FORT LEE, NJ 693,000693.0k $640.6k $640.6k 0.38% Reduced -1.3m -1,336,000
38 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 200,000200.0k $185.1k $185.1k 0.00% Reduced -250.0k -250,000
39 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 100,000100.0k $92.1k $92.1k 0.00% New
40 KBC Group NV 0.00% of their portfolio Brussels, C9 100,000100.0k $92.0k $92.0k 0.00% Reduced -100.0k -100,000
41 LAKE STREET ADVISORS GROUP, LLC 0.01% of their portfolio PORTSMOUTH, NH 92,00092.0k $85.0k $85.0k 0.01% Added +8.0k +8,000
42 B. Riley Wealth Advisors, Inc. 0.00% of their portfolio MEMPHIS, TN 40,00040.0k $36.9k $36.9k 0.00% Unchanged
43 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 19,00019.0k $17.5k $17.5k 0.00% New
44 K2 PRINCIPAL FUND, L.P. 3.44% of their portfolio TORONTO, A6 12,50012.5k $11.5m $11.5m 3.44% Unchanged
45 OFI INVEST ASSET MANAGEMENT 0.12% of their portfolio ISSY LES MOULINEAUX, I0 3,7003.7k $3.4m $3.4m 0.12% New
46 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged