Vault-13

EVOLENT HEALTH INC EVH 1.5 10.15.25

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

7 institutional holders -4 vs Q2 2025
2,754,0002.8m shares reported held*
$5.3mreported value*
1 new 1 added 1 reduced 4 sold out net sold ≈ $167.1m (-1.8m 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 ≈ $1.91.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 23Q4 22: 26Q1 23: 17Q2 23: 19Q3 23: 15Q4 23: 13Q1 24: 11Q2 24: 15Q3 24: 15Q4 24: 10Q1 25: 10Q2 25: 11Q3 25: 77Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202223
Q4 202226
Q1 202317
Q2 202319
Q3 202315
Q4 202313
Q1 202411
Q2 202415
Q3 202415
Q4 202410
Q1 202510
Q2 202511
Q3 20257

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q4 23: 6 bought or addedQ4 23: 6 cut or sold outQ1 24: 4 bought or addedQ1 24: 6 cut or sold outQ1 24Q2 24: 5 bought or addedQ2 24: 3 cut or sold outQ3 24: 2 bought or addedQ3 24: 8 cut or sold outQ3 24Q4 24: 3 bought or addedQ4 24: 10 cut or sold outQ1 25: 4 bought or addedQ1 25: 1 cut or sold outQ1 25Q2 25: 2 bought or addedQ2 25: 2 cut or sold outQ3 25: 2 bought or addedQ3 25: 5 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 202366
Q1 202446
Q2 202453
Q3 202428
Q4 2024310
Q1 202541
Q2 202522
Q3 202525

Biggest buyers

JPMORGAN CHASE & CO Added +824,000+824.0k
Traub Capital Management LLC New +12,000+12.0k

Biggest sellers

TENOR CAPITAL MANAGEMENT Co., L.P. Sold out -108,650,000-108.7m
DeepCurrents Investment Group LLC Sold out -38,213,000-38.2m
KIM, LLC Sold out -20,372,000-20.4m
Sonora Investment Management Group, LLC Reduced -1,763,000-1.8m
PALISADE CAPITAL MANAGEMENT, LP Sold out -147,000-147.0k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Sonora Investment Management Group, LLC 0.19% of their portfolio TUCSON, AZ 2,742,0002.7m $2.7m $2.7m 0.19% Reduced -1.8m -1,763,000
2 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,648,0001.6m $1.6m $1.6m 0.00% Added +824.0k +824,000
3 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 500,000500.0k $496.6k $496.6k 0.00% Unchanged
4 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 365,000365.0k $362.5k $362.5k 0.00% Unchanged
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 36,00036.0k $35.8k $35.8k 0.00% Unchanged
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 21,00021.0k $20.9k $20.9k 0.00% Unchanged
7 Traub Capital Management LLC 0.01% of their portfolio NEEDHAM, MA 12,00012.0k $12.0k $12.0k 0.01% New