Vault-13

ENVISTA HOLDINGS CORPORATION NVST 1.75 08.15.28

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

42 institutional holders +2 vs Q3 2025
12,601,00012.6m shares reported held*
$478.5mreported value*
4 new 7 added 11 reduced 4 sold out net sold ≈ $25.1m (+435.0k 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 ($2.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $38.15.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 24: 33Q4 24: 42Q1 25: 43Q2 25: 46Q3 25: 40Q4 25: 4242Q3 24Q4 24Q1 25Q2 25Q3 25Q4 25
Numbers
QuarterHolders
Q3 202433
Q4 202442
Q1 202543
Q2 202546
Q3 202540
Q4 202542

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 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 25Q3 25: 19 bought or addedQ3 25: 21 cut or sold outQ3 25Q4 25: 11 bought or addedQ4 25: 15 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q4 20242010
Q1 20251916
Q2 20251715
Q3 20251921
Q4 20251115

Biggest buyers

CAMDEN ASSET MANAGEMENT L P /CA Added +6,724,000+6.7m
OAKTREE CAPITAL MANAGEMENT LP Added +5,307,000+5.3m
CITIGROUP INC Added +1,350,000+1.4m
BlackRock, Inc. Added +1,200,000+1.2m
SHENKMAN CAPITAL MANAGEMENT INC Added +430,000+430.0k
INCOME RESEARCH & MANAGEMENT Added +410,000+410.0k
MML INVESTORS SERVICES, LLC New +57,000+57.0k
Linden Advisors LP Added +52,000+52.0k
VIRTUS ADVISERS, LLC New +43,000+43.0k
UBS Group AG New +32,000+32.0k

Biggest sellers

TENOR CAPITAL MANAGEMENT Co., L.P. Sold out -21,296,000-21.3m
JPMORGAN CHASE & CO Reduced -10,694,000-10.7m
MORGAN STANLEY Reduced -3,650,000-3.6m
Jefferies Financial Group Inc. Reduced -2,683,000-2.7m
VICTORY CAPITAL MANAGEMENT INC Reduced -986,000-986.0k
ADVENT CAPITAL MANAGEMENT /DE/ Sold out -859,000-859.0k
AMERICAN CENTURY COMPANIES INC Reduced -680,000-680.0k
BANK OF AMERICA CORP /DE/ Reduced -269,000-269.0k
Russell Investments Group, Ltd. Reduced -252,000-252.0k
BNP PARIBAS FINANCIAL MARKETS Reduced -249,000-249.0k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio San Antonio, TX 94,869,00094.9m $91.0m $91.0m 0.05% Reduced -986.0k -986,000
2 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 92,882,00092.9m $89.4m $89.4m 0.04% Reduced -680.0k -680,000
3 Linden Advisors LP 0.45% of their portfolio New York, NY 75,854,00075.9m $72.9m $72.9m 0.45% Added +52.0k +52,000
4 CAMDEN ASSET MANAGEMENT L P /CA 1.19% of their portfolio Los Angeles, CA 48,940,00048.9m $46.9m $46.9m 1.19% Added +6.7m +6,724,000
5 OAKTREE CAPITAL MANAGEMENT LP 0.48% of their portfolio LOS ANGELES, CA 30,786,00030.8m $29.6m $29.6m 0.48% Added +5.3m +5,307,000
6 Opti Capital Management, LP 1.48% of their portfolio New York, NY 21,000,00021.0m $20.2m $20.2m 1.48% Unchanged
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 20,980,00021.0m $20.2m $20.2m 0.00% Reduced -10.7m -10,694,000
8 Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio FRANKFURT AM MAIN, 2M 14,750,00014.8m $14.3m $14.3m 0.02% Unchanged
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 11,491,00011.5m $11.0m $11.0m 0.00% Reduced -269.0k -269,000
10 BlackRock, Inc. 0.00% of their portfolio New York, NY 11,245,00011.2m $10.8m $10.8m 0.00% Added +1.2m +1,200,000
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 10,400,00010.4m $10.0m $10.0m 0.00% Unchanged
12 Weiss Asset Management LP 0.14% of their portfolio BOSTON, MA 10,000,00010.0m $9.6m $9.6m 0.14% Not comparable
13 INCOME RESEARCH & MANAGEMENT 4.39% of their portfolio Boston, MA 8,715,0008.7m $8.4m $8.4m 4.39% Added +410.0k +410,000
14 KIM, LLC 0.62% of their portfolio WICHITA, KS 5,658,0005.7m $5.4m $5.4m 0.62% Unchanged
15 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 5,500,0005.5m $5.3m $5.3m 0.01% Unchanged
16 CONNING INC. 0.17% of their portfolio HARTFORD, CT 5,250,0005.2m $5.0m $5.0m 0.17% Unchanged
17 Calamos Advisors LLC 0.02% of their portfolio NAPERVILLE, IL 5,000,0005.0m $4.8m $4.8m 0.02% Unchanged
18 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 4,660,0004.7m $4.5m $4.5m 0.01% Unchanged
19 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 3,952,0004.0m $3.8m $3.8m 0.00% Reduced -252.0k -252,000
20 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 3,000,0003.0m $2.9m $2.9m 0.01% Unchanged
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,461,0002.5m $2.4m $2.4m 0.00% Reduced -3.6m -3,650,000
22 SHENKMAN CAPITAL MANAGEMENT INC 0.25% of their portfolio NEW YORK, NY 2,426,0002.4m $2.4m $2.4m 0.25% Added +430.0k +430,000
23 Ares Systematic Credit Ltd 1.89% of their portfolio LONDON, X0 2,400,0002.4m $2.3m $2.3m 1.89% First filing
24 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 2,200,0002.2m $2.1m $2.1m 0.00% Unchanged
25 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,901,0001.9m $1.8m $1.8m 0.00% Added +1.4m +1,350,000
26 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 1,226,0001.2m $1.2m $1.2m 0.01% Reduced -2.7m -2,683,000
27 Kohlberg Kravis Roberts & Co. L.P. 0.01% of their portfolio NEW YORK, NY 800,000800.0k $770.0k $770.0k 0.01% Unchanged
28 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 771,000771.0k $742.1k $742.1k 0.00% Unchanged
29 AEGON USA Investment Management, LLC 0.26% of their portfolio CEDAR RAPIDS, IA 390,000390.0k $373.9k $373.9k 0.26% Unchanged
30 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 81,00081.0k $77.3k $77.3k 0.00% Reduced -14.0k -14,000
31 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 70,00070.0k $67.1k $67.1k 0.00% Unchanged
32 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 57,00057.0k $54.6k $54.6k 0.00% New
33 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 52,00052.0k $49.9k $49.9k 0.00% Reduced -249.0k -249,000
34 VIRTUS ADVISERS, LLC 0.02% of their portfolio HARTFORD, CT 43,00043.0k $41.2k $41.2k 0.02% New
35 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 40,00040.0k $38.4k $38.4k 0.00% Reduced -19.0k -19,000
36 UBS Group AG 0.00% of their portfolio ZURICH, V8 32,00032.0k $30.7k $30.7k 0.00% New
37 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 21,00021.0k $20.2k $20.2k 0.00% Reduced -31.0k -31,000
38 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 18,00018.0k $17.3k $17.3k 0.00% Unchanged
39 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 11,00011.0k $10.5k $10.5k 0.00% New
40 RB Capital Management, LLC 0.00% of their portfolio RENO, NV 10,00010.0k $9.6k $9.6k 0.00% Unchanged
41 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 11 $958 $958 0.00% Unchanged
42 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 00 $0 $0 0.00% Unchanged