Vault-13

EXACT SCIENCES CORP EXAS 0.375 03.15.27

NOTE 0.375% 3/1 · US DOMESTIC · CUSIP 30063PAB1

53 institutional holders +2 vs Q1 2023
26,900,00026.9m shares reported held*
$504.2mreported value*
9 new 13 added 14 reduced 8 sold out net sold ≈ $16.4m (+8.7m 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 ($4.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $18.89.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 48Q4 22: 54Q1 23: 51Q2 23: 5353Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202248
Q4 202254
Q1 202351
Q2 202353

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 16 bought or addedQ4 22: 24 cut or sold outQ4 22Q1 23: 21 bought or addedQ1 23: 26 cut or sold outQ1 23Q2 23: 22 bought or addedQ2 23: 22 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221624
Q1 20232126
Q2 20232222

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600k$800kQ3 22 calls: $0Q3 22 puts: $659.5kQ3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$659.5k—
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$0$0—

Biggest buyers

VOYA INVESTMENT MANAGEMENT LLC Added +46,120,000+46.1m
Lombard Odier Asset Management (Europe) Ltd New +12,573,000+12.6m
Polar Capital Holdings Plc New +12,000,000+12.0m
DeepCurrents Investment Group LLC New +11,800,000+11.8m
Aequim Alternative Investments LP New +7,500,000+7.5m
ROYAL BANK OF CANADA Added +7,354,000+7.4m
FMR LLC Added +6,650,000+6.7m
WOLVERINE ASSET MANAGEMENT LLC Added +5,500,000+5.5m
AQR Arbitrage LLC Added +4,800,000+4.8m
ADVENT CAPITAL MANAGEMENT /DE/ Added +1,996,000+2.0m

Biggest sellers

BRAIDWELL LP Sold out -48,300,000-48.3m
ARISTEIA CAPITAL, L.L.C. Sold out -24,000,000-24.0m
LAZARD ASSET MANAGEMENT LLC Reduced -16,000,000-16.0m
D. E. Shaw & Co., Inc. Reduced -12,000,000-12.0m
BNP PARIBAS FINANCIAL MARKETS Reduced -8,739,000-8.7m
AXA S.A. Reduced -6,100,000-6.1m
READYSTATE ASSET MANAGEMENT LP Reduced -5,500,000-5.5m
BANK OF AMERICA CORP /DE/ Sold out -5,039,000-5.0m
SSI INVESTMENT MANAGEMENT LLC Sold out -4,000,000-4.0m
JANE STREET GROUP, LLC Sold out -2,100,000-2.1m

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.17% of their portfolio ATLANTA, GA 151,705,000151.7m $163.7m $163.7m 0.17% Added +46.1m +46,120,000
2 WOLVERINE ASSET MANAGEMENT LLC 0.62% of their portfolio CHICAGO, IL 30,750,00030.8m $33.2m $33.2m 0.62% Added +5.5m +5,500,000
3 Calamos Advisors LLC 0.13% of their portfolio NAPERVILLE, IL 23,661,00023.7m $25.5m $25.5m 0.13% Reduced -117.0k -117,000
4 SHENKMAN CAPITAL MANAGEMENT INC 1.79% of their portfolio NEW YORK, NY 21,258,00021.3m $22.9m $22.9m 1.79% Reduced -79.0k -79,000
5 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 16,204,00016.2m $17.4m $17.4m 0.00% Added +7.4m +7,354,000
6 AXA S.A. 0.05% of their portfolio PARIS, I0 13,200,00013.2m $14.2m $14.2m 0.05% Reduced -6.1m -6,100,000
7 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 12,947,00012.9m $13.9m $13.9m 0.00% Added +745.0k +745,000
8 ADVENT CAPITAL MANAGEMENT /DE/ 0.28% of their portfolio NEW YORK, NY 12,763,00012.8m $13.8m $13.8m 0.28% Added +2.0m +1,996,000
9 Lombard Odier Asset Management (Europe) Ltd 0.65% of their portfolio LONDON, X0 12,573,00012.6m $13.6m $13.6m 0.65% New
10 Polar Capital Holdings Plc 0.09% of their portfolio London, X0 12,000,00012.0m $13.0m $13.0m 0.09% New
11 DeepCurrents Investment Group LLC 0.55% of their portfolio NEW YORK, NY 11,800,00011.8m $12.7m $12.7m 0.55% New
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,700,00011.7m $12.6m $12.6m 0.00% Unchanged
13 AQR Arbitrage LLC 0.54% of their portfolio Greenwich, CT 11,588,00011.6m $12.5m $12.5m 0.54% Added +4.8m +4,800,000
14 WESTWOOD HOLDINGS GROUP INC 0.10% of their portfolio DALLAS, TX 10,735,00010.7m $11.6m $11.6m 0.10% Reduced -1.6m -1,585,000
15 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 9,308,0009.3m $10.0m $10.0m 0.02% Reduced -8.7m -8,739,000
16 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 9,091,0009.1m $9.8m $9.8m 0.00% Reduced -718.0k -718,000
17 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 8,060,0008.1m $8.7m $8.7m 0.01% Reduced -16.0m -16,000,000
18 Man Group plc 0.03% of their portfolio LONDON, X0 7,966,0008.0m $8.6m $8.6m 0.03% Added +585.0k +585,000
19 FMR LLC 0.00% of their portfolio BOSTON, MA 7,650,0007.7m $8.2m $8.2m 0.00% Added +6.7m +6,650,000
20 Aequim Alternative Investments LP 0.30% of their portfolio MILL VALLEY, CA 7,500,0007.5m $8.1m $8.1m 0.30% New
21 ABSOLUTE INVESTMENT ADVISERS, LLC 1.07% of their portfolio ROSEMARY BEACH, FL 7,095,0007.1m $7.6m $7.6m 1.07% Unchanged
22 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 6,616,0006.6m $7.1m $7.1m 0.01% Reduced -12.0m -12,000,000
23 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 6,546,0006.5m $7.0m $7.0m 0.00% Unchanged
24 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 6,044,0006.0m $6.5m $6.5m 0.01% Unchanged
25 READYSTATE ASSET MANAGEMENT LP 0.54% of their portfolio CHICAGO, IL 5,000,0005.0m $5.4m $5.4m 0.54% Reduced -5.5m -5,500,000
26 Sonora Investment Management Group, LLC 0.42% of their portfolio TUCSON, AZ 4,690,0004.7m $5.1m $5.1m 0.42% Reduced -75.0k -75,000
27 OAKTREE CAPITAL MANAGEMENT LP 0.07% of their portfolio LOS ANGELES, CA 4,493,0004.5m $4.8m $4.8m 0.07% Added +500.0k +500,000
28 BlackRock Inc. 0.00% of their portfolio New York, NY 3,430,0003.4m $3.7m $3.7m 0.00% Reduced -925.0k -925,000
29 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 3,008,0003.0m $2.7m $2.7m 0.00% Unchanged
30 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,471,0002.5m $2.7m $2.7m 0.00% Added +1.8m +1,788,000
31 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,900,0001.9m $2.0m $2.0m 0.00% New
32 Liberty Mutual Group Asset Management Inc. 0.48% of their portfolio Boston, MA 1,750,0001.8m $1.9m $1.9m 0.48% Added +350.0k +350,000
33 Nicholas Investment Partners, LP 0.11% of their portfolio RANCHO SANTA FE, CA 1,500,0001.5m $1.6m $1.6m 0.11% Unchanged
34 ABN AMRO INVESTMENT SOLUTIONS 0.03% of their portfolio PARIS CEDEX 008, I0 1,200,0001.2m $1.3m $1.3m 0.03% Added +400.0k +400,000
35 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,147,0001.1m $1.2m $1.2m 0.00% Reduced -833.0k -833,000
36 PALISADE CAPITAL MANAGEMENT, LP 0.03% of their portfolio FORT LEE, NJ 1,000,0001.0m $1.1m $1.1m 0.03% Unchanged
37 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 750,000750.0k $805.8k $805.8k 0.00% Unchanged
38 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 600,000600.0k $647.0k $647.0k 0.00% Unchanged
39 Amundi 0.00% of their portfolio Paris, I0 525,000525.0k $562.4k $562.4k 0.00% Reduced -100.0k -100,000
40 COMERICA BANK 0.00% of their portfolio DALLAS, TX 440,000440.0k $0 $0 0.00% First filing
41 Calamos Wealth Management LLC 0.03% of their portfolio NAPERVILLE, IL 431,000431.0k $464.6k $464.6k 0.03% Reduced -75.0k -75,000
42 PUTNAM INVESTMENTS LLC 0.00% of their portfolio BOSTON, MA 206,000206.0k $221.3k $221.3k 0.00% Unchanged
43 KBC Group NV 0.00% of their portfolio Brussels, C9 200,000200.0k $216.0k $216.0k 0.00% Unchanged
44 MacKay Shields LLC 0.00% of their portfolio New York, NY 162,000162.0k $174.9k $174.9k 0.00% Unchanged
45 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 76,00076.0k $82.0k $82.0k 0.00% New
46 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 75,00075.0k $80.6k $80.6k 0.00% New
47 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 65,00065.0k $70.2k $70.2k 0.00% New
48 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 41,00041.0k $44.0k $44.0k 0.00% Unchanged
49 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 13,81013.8k $1.5m $1.5m 0.01% Unchanged
50 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 13,00013.0k $14.0k $14.0k 0.00% Unchanged
51 Verition Fund Management LLC 0.06% of their portfolio GREENWICH, CT 3,7743.8k $4.1m $4.1m 0.06% New
52 Candriam S.C.A. 0.02% of their portfolio STRASSEN, N4 3,2003.2k $3.5m $3.5m 0.02% Added +1.0k +1,000
53 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged