Vault-13

EVOLENT HEALTH INC EVH 1.5 10.15.25

NOTE 1.500%10/1 · GLOBAL · CUSIP 30050BAD3

11 institutional holders -2 vs Q4 2023
5,262,0005.3m shares reported held*
$201.8mreported value*
0 new 4 added 4 reduced 2 sold out net sold ≈ $863.3k (-145.0k 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 ($13.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $40.82.

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 23Q4 22: 26Q1 23: 17Q2 23: 19Q3 23: 15Q4 23: 13Q1 24: 1111Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202223
Q4 202226
Q1 202317
Q2 202319
Q3 202315
Q4 202313
Q1 202411

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 12 bought or addedQ4 22: 7 cut or sold outQ4 22Q1 23: 6 bought or addedQ1 23: 15 cut or sold outQ1 23Q2 23: 10 bought or addedQ2 23: 6 cut or sold outQ2 23Q3 23: 5 bought or addedQ3 23: 8 cut or sold outQ3 23Q4 23: 6 bought or addedQ4 23: 6 cut or sold outQ4 23Q1 24: 4 bought or addedQ1 24: 6 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022127
Q1 2023615
Q2 2023106
Q3 202358
Q4 202366
Q1 202446

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. Added +14,816,000+14.8m
Verition Fund Management LLC Added +11,398,649+11.4m
DeepCurrents Investment Group LLC Added +185,000+185.0k
MORGAN STANLEY Added +35,000+35.0k

Biggest sellers

ADVENT CAPITAL MANAGEMENT /DE/ Reduced -9,331,000-9.3m
COURAGE CAPITAL MANAGEMENT LLC Sold out -3,434,000-3.4m
JPMORGAN CHASE & CO Reduced -1,724,000-1.7m
LAZARD ASSET MANAGEMENT LLC Reduced -1,200,000-1.2m
Sonora Investment Management Group, LLC Reduced -145,000-145.0k
Marcum Wealth, LLC Sold out -15,000-15.0k

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 1.64% of their portfolio NEW YORK, NY 88,685,00088.7m $102.5m $102.5m 1.64% Added +14.8m +14,816,000
2 DeepCurrents Investment Group LLC 1.71% of their portfolio NEW YORK, NY 36,213,00036.2m $41.4m $41.4m 1.71% Added +185.0k +185,000
3 LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 30,800,00030.8m $35.2m $35.2m 0.04% Reduced -1.2m -1,200,000
4 Verition Fund Management LLC 0.12% of their portfolio GREENWICH, CT 11,410,00011.4m $13.0m $13.0m 0.12% Added +11.4m +11,398,649
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 8,596,0008.6m $9.7m $9.7m 0.00% Reduced -1.7m -1,724,000
6 Sonora Investment Management Group, LLC 0.47% of their portfolio TUCSON, AZ 5,262,0005.3m $6.1m $6.1m 0.47% Reduced -145.0k -145,000
7 ADVENT CAPITAL MANAGEMENT /DE/ 0.10% of their portfolio NEW YORK, NY 3,589,0003.6m $4.1m $4.1m 0.10% Reduced -9.3m -9,331,000
8 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 365,000365.0k $415.2k $415.2k 0.00% Unchanged
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 105,000105.0k $119.4k $119.4k 0.00% Added +35.0k +35,000
10 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 19,50019.5k $2.2m $2.2m 0.01% Unchanged
11 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged