Vault-13

ENVISTA HOLDINGS CORPORATION NVST 2.375 06.01.25

NOTE 2.375% 6/0 · US DOMESTIC · CUSIP 29415FAB0

36 institutional holders -4 vs Q4 2022
2,310,4722.3m shares reported held*
$1.1bnreported value*
7 new 11 added 9 reduced 10 sold out net bought ≈ $38.6m (-3.1m 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 ≈ $478.95.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 47Q4 22: 40Q1 23: 3636Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202247
Q4 202240
Q1 202336

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 14 bought or addedQ4 22: 17 cut or sold outQ4 22Q1 23: 18 bought or addedQ1 23: 19 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221417
Q1 20231819

Biggest buyers

VOYA INVESTMENT MANAGEMENT LLC New +38,700,000+38.7m
TENOR CAPITAL MANAGEMENT Co., L.P. New +30,500,000+30.5m
Opti Capital Management, LP New +26,600,000+26.6m
FMR LLC Added +9,418,000+9.4m
III Capital Management Added +6,500,000+6.5m
LMR Partners LLP Added +5,000,000+5.0m
JANE STREET GROUP, LLC New +2,094,000+2.1m
LAZARD ASSET MANAGEMENT LLC Added +2,036,000+2.0m
BARCLAYS PLC Added +1,578,000+1.6m
CITADEL ADVISORS LLC New +1,472,000+1.5m

Biggest sellers

Myriad Asset Management US LP Sold out -20,836,000-20.8m
Polar Asset Management Partners Inc. Reduced -15,000,000-15.0m
D. E. Shaw & Co., Inc. Reduced -13,000,000-13.0m
Castle Creek Arbitrage, LLC Sold out -10,000,000-10.0m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -10,000,000-10.0m
Calamos Advisors LLC Reduced -9,988,000-10.0m
WELLS FARGO & COMPANY/MN Sold out -5,216,000-5.2m
MIZUHO SECURITIES USA LLC Sold out -5,000,000-5.0m
TWO SIGMA INVESTMENTS, LP Sold out -5,000,000-5.0m
BNP PARIBAS FINANCIAL MARKETS Reduced -4,422,000-4.4m

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Tetragon Partners GP Ltd 15.08% of their portfolio GRAND CAYMAN, E9 56,000,00056.0m $112.7m $112.7m 15.08% Unchanged
2 Gates Capital Management, Inc. 3.66% of their portfolio New York, NY 53,500,00053.5m $106.9m $106.9m 3.66% Unchanged
3 D. E. Shaw & Co., Inc. 0.14% of their portfolio New York, NY 43,733,00043.7m $87.6m $87.6m 0.14% Reduced -13.0m -13,000,000
4 LAZARD ASSET MANAGEMENT LLC 0.11% of their portfolio NEW YORK, NY 41,536,00041.5m $83.0m $83.0m 0.11% Added +2.0m +2,036,000
5 Polar Asset Management Partners Inc. 1.41% of their portfolio TORONTO, A6 40,000,00040.0m $79.9m $79.9m 1.41% Reduced -15.0m -15,000,000
6 VOYA INVESTMENT MANAGEMENT LLC 0.08% of their portfolio ATLANTA, GA 38,700,00038.7m $77.3m $77.3m 0.08% New
7 III Capital Management 4.94% of their portfolio BOCA RATON, FL 36,076,00036.1m $72.2m $72.2m 4.94% Added +6.5m +6,500,000
8 TENOR CAPITAL MANAGEMENT Co., L.P. 1.22% of their portfolio NEW YORK, NY 30,500,00030.5m $61.4m $61.4m 1.22% New
9 Alberta Investment Management Corp 0.58% of their portfolio EDMONTON, A0 30,000,00030.0m $60.2m $60.2m 0.58% Unchanged
10 BlackRock Inc. 0.00% of their portfolio New York, NY 29,776,00029.8m $59.3m $59.3m 0.00% Reduced -2.0m -2,025,000
11 Opti Capital Management, LP 4.31% of their portfolio New York, NY 26,600,00026.6m $53.3m $53.3m 4.31% New
12 LMR Partners LLP 0.83% of their portfolio LONDON, X0 22,500,00022.5m $45.1m $45.1m 0.83% Added +5.0m +5,000,000
13 FMR LLC 0.00% of their portfolio BOSTON, MA 18,836,00018.8m $37.5m $37.5m 0.00% Added +9.4m +9,418,000
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,166,00011.2m $22.3m $22.3m 0.00% Reduced -1.4m -1,369,000
15 Calamos Advisors LLC 0.11% of their portfolio NAPERVILLE, IL 10,830,00010.8m $21.6m $21.6m 0.11% Reduced -10.0m -9,988,000
16 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 8,097,0008.1m $16.2m $16.2m 0.03% Reduced -4.4m -4,422,000
17 Warberg Asset Management LLC 1.93% of their portfolio WINNETKA, IL 3,209,0003.2m $6.4m $6.4m 1.93% Added +3.0k +3,000
18 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 2,094,0002.1m $4.2m $4.2m 0.01% New
19 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,625,0001.6m $3.3m $3.3m 0.00% Added +1.6m +1,578,000
20 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 1,472,0001.5m $2.9m $2.9m 0.00% New
21 NOMURA HOLDINGS INC 0.57% of their portfolio TOKYO, M0 1,426,5391.4m $58.3m $58.3m 0.57% Reduced -11.9k -11,944
22 PALISADE CAPITAL MANAGEMENT, LP 0.06% of their portfolio FORT LEE, NJ 1,040,0001.0m $2.1m $2.1m 0.06% Reduced -120.0k -120,000
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 506,000506.0k $936.0k $936.0k 0.00% Added +20.0k +20,000
24 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 393,000393.0k $783.1k $783.1k 0.00% Added +252.0k +252,000
25 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 250,000250.0k $250.0k $250.0k 0.00% Unchanged
26 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $401.1k $401.1k 0.00% Reduced -200.0k -200,000
27 Quaero Capital S.A. 0.29% of their portfolio GENEVE, V8 200,000200.0k $397.7k $397.7k 0.29% New
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 134,000134.0k $267.0k $267.0k 0.00% Added +132.0k +132,000
29 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 92,00092.0k $183.8k $183.8k 0.00% Added +28.0k +28,000
30 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 39,00039.0k $77.7k $77.7k 0.00% Unchanged
31 SG Americas Securities, LLC 0.04% of their portfolio NEW YORK, NY 16,00016.0k $3.2m $3.2m 0.04% Added +11.5k +11,500
32 Boussard & Gavaudan Investment Management LLP 2.32% of their portfolio London, X0 12,50012.5k $24.6m $24.6m 2.32% Unchanged
33 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 3,0003.0k $6.0k $6.0k 0.00% Unchanged
34 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,0001.0k $2.0k $2.0k 0.00% Unchanged
35 NATIXIS 0.02% of their portfolio PARIS, I0 972972 $1.9m $1.9m 0.02% New
36 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged