Vault-13

ENVISTA HOLDINGS CORPORATION NVST 1.75 08.15.28

NOTE 1.750% 8/1 · US DOMESTIC · CUSIP 29415FAD6

46 institutional holders +3 vs Q1 2025
11,801,35911.8m shares reported held*
$467.9mreported value*
6 new 11 added 12 reduced 3 sold out net sold ≈ $1.6m (+2.2m 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 ($1.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $39.80.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 24: 33Q4 24: 42Q1 25: 43Q2 25: 4646Q3 24Q4 24Q1 25Q2 25
Numbers
QuarterHolders
Q3 202433
Q4 202442
Q1 202543
Q2 202546

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 24: 20 bought or addedQ4 24: 10 cut or sold outQ4 24Q1 25: 19 bought or addedQ1 25: 16 cut or sold outQ1 25Q2 25: 17 bought or addedQ2 25: 15 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q4 20242010
Q1 20251916
Q2 20251715

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. New +6,550,000+6.5m
OAKTREE CAPITAL MANAGEMENT LP Added +5,163,000+5.2m
VICTORY CAPITAL MANAGEMENT INC Added +4,062,000+4.1m
BANK OF AMERICA CORP /DE/ Added +3,942,000+3.9m
STATE OF WISCONSIN INVESTMENT BOARD New +2,000,000+2.0m
AMERICAN CENTURY COMPANIES INC Added +1,428,000+1.4m
JPMORGAN CHASE & CO Added +1,295,000+1.3m
Russell Investments Group, Ltd. Added +581,000+581.0k
Erste Asset Management GmbH Added +400,000+400.0k
AEGON USA Investment Management, LLC New +390,000+390.0k

Biggest sellers

Opti Capital Management, LP Reduced -5,000,000-5.0m
Jefferies Financial Group Inc. Reduced -3,824,000-3.8m
SHENKMAN CAPITAL MANAGEMENT INC Reduced -3,061,000-3.1m
CITIGROUP INC Sold out -2,709,000-2.7m
WELLS FARGO & COMPANY/MN Reduced -2,678,000-2.7m
LAZARD ASSET MANAGEMENT LLC Reduced -2,249,000-2.2m
PALISADE CAPITAL MANAGEMENT, LP Reduced -2,000,000-2.0m
Linden Advisors LP Reduced -2,000,000-2.0m
CAMDEN ASSET MANAGEMENT L P /CA Reduced -1,940,000-1.9m
BNP PARIBAS FINANCIAL MARKETS Reduced -1,645,000-1.6m

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio San Antonio, TX 97,573,00097.6m $90.5m $90.5m 0.06% Added +4.1m +4,062,000
2 AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio KANSAS CITY, MO 90,093,00090.1m $83.8m $83.8m 0.05% Added +1.4m +1,428,000
3 Linden Advisors LP 0.48% of their portfolio New York, NY 83,302,00083.3m $77.5m $77.5m 0.48% Reduced -2.0m -2,000,000
4 CAMDEN ASSET MANAGEMENT L P /CA 0.74% of their portfolio Los Angeles, CA 34,123,00034.1m $31.6m $31.6m 0.74% Reduced -1.9m -1,940,000
5 Opti Capital Management, LP 1.38% of their portfolio New York, NY 26,000,00026.0m $24.2m $24.2m 1.38% Reduced -5.0m -5,000,000
6 OAKTREE CAPITAL MANAGEMENT LP 0.41% of their portfolio LOS ANGELES, CA 22,281,00022.3m $20.7m $20.7m 0.41% Added +5.2m +5,163,000
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 20,101,00020.1m $18.7m $18.7m 0.00% Added +1.3m +1,295,000
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 16,249,00016.2m $15.1m $15.1m 0.00% Added +3.9m +3,942,000
9 MacKay Shields LLC 0.44% of their portfolio New York, NY 14,908,00014.9m $13.9m $13.9m 0.44% Unchanged
10 Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio FRANKFURT AM MAIN, 2M 14,750,00014.8m $13.8m $13.8m 0.02% Unchanged
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,900,0009.9m $9.3m $9.3m 0.00% Reduced -350.0k -350,000
12 BlackRock, Inc. 0.00% of their portfolio New York, NY 9,870,0009.9m $9.1m $9.1m 0.00% Added +150.0k +150,000
13 Calamos Advisors LLC 0.04% of their portfolio NAPERVILLE, IL 9,000,0009.0m $8.4m $8.4m 0.04% Unchanged
14 INCOME RESEARCH & MANAGEMENT 2.15% of their portfolio Boston, MA 8,693,0008.7m $8.1m $8.1m 2.15% Added +193.0k +193,000
15 TENOR CAPITAL MANAGEMENT Co., L.P. 0.08% of their portfolio NEW YORK, NY 6,550,0006.5m $6.1m $6.1m 0.08% New
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,700,0005.7m $5.3m $5.3m 0.00% Unchanged
17 CONNING INC. 0.17% of their portfolio HARTFORD, CT 5,250,0005.2m $4.9m $4.9m 0.17% Unchanged
18 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 4,447,0004.4m $4.2m $4.2m 0.01% Added +581.0k +581,000
19 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 4,160,0004.2m $3.9m $3.9m 0.01% Unchanged
20 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 4,000,0004.0m $3.7m $3.7m 0.01% Unchanged
21 Amundi 0.00% of their portfolio Paris, I0 3,000,0003.0m $2.8m $2.8m 0.00% Unchanged
22 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 2,200,0002.2m $2.0m $2.0m 0.00% Added +200.0k +200,000
23 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 2,000,0002.0m $1.9m $1.9m 0.00% New
24 SHENKMAN CAPITAL MANAGEMENT INC 0.19% of their portfolio NEW YORK, NY 1,996,0002.0m $1.9m $1.9m 0.19% Reduced -3.1m -3,061,000
25 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,759,0001.8m $1.6m $1.6m 0.00% Reduced -2.7m -2,678,000
26 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,678,0001.7m $1.6m $1.6m 0.00% Reduced -2.2m -2,249,000
27 Kohlberg Kravis Roberts & Co. L.P. 0.02% of their portfolio NEW YORK, NY 1,300,0001.3m $1.2m $1.2m 0.02% Unchanged
28 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 1,015,0001.0m $943.7k $943.7k 0.00% Unchanged
29 ADVENT CAPITAL MANAGEMENT /DE/ 0.02% of their portfolio NEW YORK, NY 859,000859.0k $799.4k $799.4k 0.02% Unchanged
30 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 400,000400.0k $374.4k $374.4k 0.00% Added +400.0k +400,000
31 AEGON USA Investment Management, LLC 0.27% of their portfolio CEDAR RAPIDS, IA 390,000390.0k $361.5k $361.5k 0.27% New
32 PALISADE CAPITAL MANAGEMENT, LP 0.01% of their portfolio FORT LEE, NJ 250,000250.0k $232.5k $232.5k 0.01% Reduced -2.0m -2,000,000
33 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 104,000104.0k $96.8k $96.8k 0.00% Reduced -258.0k -258,000
34 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 89,00089.0k $82.5k $82.5k 0.00% Unchanged
35 UBS Group AG 0.00% of their portfolio ZURICH, V8 45,00045.0k $41.7k $41.7k 0.00% New
36 NOMURA HOLDINGS INC 0.01% of their portfolio TOKYO, M0 38,35938.4k $749.5k $749.5k 0.01% Added +297 +297
37 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 37,00037.0k $34.3k $34.3k 0.00% New
38 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 25,00025.0k $23.2k $23.2k 0.00% Unchanged
39 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 21,00021.0k $19.5k $19.5k 0.00% Reduced -1.6m -1,645,000
40 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 18,00018.0k $16.7k $16.7k 0.00% Unchanged
41 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 15,00015.0k $13.9k $13.9k 0.00% Reduced -3.8m -3,824,000
42 Oaktree Fund Advisors, LLC 0.02% of their portfolio LOS ANGLES, CA 13,00013.0k $12.1k $12.1k 0.02% Reduced -7.0k -7,000
43 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio CINCINNATI, OH 8,0008.0k $7.4k $7.4k 0.00% New
44 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 11 $926 $926 0.00% Unchanged
45 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged
46 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 00 $0 $0 0.00% Unchanged