Vault-13

EXACT SCIENCES CORP EXAS 0.375 03.15.27

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

41 institutional holders -7 vs Q1 2025
16,319,82016.3m shares reported held*
$548.5mreported value*
1 new 9 added 15 reduced 8 sold out net sold ≈ $34.3m (-304.0k 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. Holder counts are more reliable. Implied quarter-end price ≈ $33.61.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 48Q4 22: 54Q1 23: 51Q2 23: 53Q3 23: 54Q4 23: 52Q1 24: 51Q2 24: 53Q3 24: 53Q4 24: 54Q1 25: 48Q2 25: 4141Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202248
Q4 202254
Q1 202351
Q2 202353
Q3 202354
Q4 202352
Q1 202451
Q2 202453
Q3 202453
Q4 202454
Q1 202548
Q2 202541

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 23: 24 bought or addedQ3 23: 24 cut or sold outQ4 23: 19 bought or addedQ4 23: 22 cut or sold outQ4 23Q1 24: 23 bought or addedQ1 24: 18 cut or sold outQ2 24: 25 bought or addedQ2 24: 25 cut or sold outQ2 24Q3 24: 24 bought or addedQ3 24: 23 cut or sold outQ4 24: 20 bought or addedQ4 24: 25 cut or sold outQ4 24Q1 25: 19 bought or addedQ1 25: 23 cut or sold outQ2 25: 10 bought or addedQ2 25: 23 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232424
Q4 20231922
Q1 20242318
Q2 20242525
Q3 20242423
Q4 20242025
Q1 20251923
Q2 20251023

Biggest buyers

Linden Advisors LP Added +37,179,000+37.2m
CAPSTONE INVESTMENT ADVISORS, LLC Added +17,000,000+17.0m
Opti Capital Management, LP Added +10,500,000+10.5m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +5,000,000+5.0m
LAZARD ASSET MANAGEMENT LLC Added +4,155,000+4.2m
ROYAL BANK OF CANADA Added +2,191,000+2.2m
JANE STREET GROUP, LLC Added +550,000+550.0k
BARCLAYS PLC Added +534,000+534.0k
CITIGROUP INC New +503,000+503.0k
NOMURA HOLDINGS INC Added +41,285+41.3k

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Reduced -54,415,000-54.4m
WOLVERINE ASSET MANAGEMENT LLC Reduced -20,000,000-20.0m
TWO SIGMA INVESTMENTS, LP Sold out -8,250,000-8.2m
TORONTO DOMINION BANK Reduced -6,000,000-6.0m
ARISTEIA CAPITAL, L.L.C. Sold out -6,000,000-6.0m
Sculptor Capital LP Sold out -6,000,000-6.0m
MILLENNIUM MANAGEMENT LLC Sold out -2,500,000-2.5m
SSI INVESTMENT MANAGEMENT LLC Reduced -2,250,000-2.2m
WELLINGTON MANAGEMENT GROUP LLP Reduced -2,239,000-2.2m
Man Group plc Reduced -1,692,000-1.7m

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 1.10% of their portfolio New York, NY 186,841,000186.8m $178.5m $178.5m 1.10% Added +37.2m +37,179,000
2 VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio ATLANTA, GA 54,415,00054.4m $51.9m $51.9m 0.05% Reduced -54.4m -54,415,000
3 LAZARD ASSET MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 46,385,00046.4m $44.3m $44.3m 0.06% Added +4.2m +4,155,000
4 TENOR CAPITAL MANAGEMENT Co., L.P. 0.57% of their portfolio NEW YORK, NY 44,500,00044.5m $42.6m $42.6m 0.57% Added +5.0m +5,000,000
5 Aequim Alternative Investments LP 1.17% of their portfolio MILL VALLEY, CA 37,500,00037.5m $35.8m $35.8m 1.17% Unchanged
6 Opti Capital Management, LP 1.93% of their portfolio New York, NY 35,500,00035.5m $34.0m $34.0m 1.93% Added +10.5m +10,500,000
7 CAPSTONE INVESTMENT ADVISORS, LLC 0.25% of their portfolio NEW YORK, NY 30,500,00030.5m $29.1m $29.1m 0.25% Added +17.0m +17,000,000
8 WOLVERINE ASSET MANAGEMENT LLC 0.37% of their portfolio CHICAGO, IL 23,150,00023.1m $22.1m $22.1m 0.37% Reduced -20.0m -20,000,000
9 Man Group plc 0.03% of their portfolio LONDON, X0 16,564,00016.6m $15.8m $15.8m 0.03% Reduced -1.7m -1,692,000
10 SONA ASSET MANAGEMENT (US) LLC 0.43% of their portfolio NEW YORK, NY 13,250,00013.2m $12.7m $12.7m 0.43% Unchanged
11 ABSOLUTE INVESTMENT ADVISERS, LLC 1.38% of their portfolio ROSEMARY BEACH, FL 11,725,00011.7m $11.2m $11.2m 1.38% Unchanged
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,625,00011.6m $11.1m $11.1m 0.00% Reduced -1.0m -1,000,000
13 WESTWOOD HOLDINGS GROUP INC 0.05% of their portfolio DALLAS, TX 6,385,0006.4m $6.4m $6.4m 0.05% Unchanged
14 DeepCurrents Investment Group LLC 0.21% of their portfolio NEW YORK, NY 6,139,0006.1m $5.9m $5.9m 0.21% Unchanged
15 BlackRock, Inc. 0.00% of their portfolio New York, NY 5,480,0005.5m $5.2m $5.2m 0.00% Reduced -200.0k -200,000
16 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,382,0004.4m $4.2m $4.2m 0.00% Added +2.2m +2,191,000
17 Sonora Investment Management Group, LLC 0.28% of their portfolio TUCSON, AZ 3,985,0004.0m $3.8m $3.8m 0.28% Reduced -135.0k -135,000
18 FMR LLC 0.00% of their portfolio BOSTON, MA 2,735,0002.7m $2.6m $2.6m 0.00% Unchanged
19 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 2,172,0002.2m $2.1m $2.1m 0.00% Unchanged
20 ADVENT CAPITAL MANAGEMENT /DE/ 0.04% of their portfolio NEW YORK, NY 2,140,0002.1m $2.0m $2.0m 0.04% Unchanged
21 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 2,014,0002.0m $1.9m $1.9m 0.00% Reduced -2.2m -2,239,000
22 Calamos Advisors LLC 0.01% of their portfolio NAPERVILLE, IL 1,548,0001.5m $1.5m $1.5m 0.01% Reduced -31.0k -31,000
23 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,467,0001.5m $1.4m $1.4m 0.00% Added +534.0k +534,000
24 SSI INVESTMENT MANAGEMENT LLC 0.07% of their portfolio Los Angeles, CA 1,000,0001.0m $951.5k $951.5k 0.07% Reduced -2.2m -2,250,000
25 PALISADE CAPITAL MANAGEMENT, LP 0.03% of their portfolio FORT LEE, NJ 1,000,0001.0m $956.5k $956.5k 0.03% Unchanged
26 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 755,000755.0k $718.4k $718.4k 0.00% Reduced -6.0m -6,000,000
27 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 725,000725.0k $692.2k $692.2k 0.00% Added +550.0k +550,000
28 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 503,000503.0k $478.6k $478.6k 0.00% New
29 Amundi 0.00% of their portfolio Paris, I0 315,000315.0k $300.2k $300.2k 0.00% Unchanged
30 NOMURA HOLDINGS INC 0.13% of their portfolio TOKYO, M0 309,517309.5k $16.4m $16.4m 0.13% Added +41.3k +41,285
31 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 308,000308.0k $294.6k $294.6k 0.00% Reduced -1.0m -1,002,000
32 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $286.6k $286.6k 0.00% Reduced -200.0k -200,000
33 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 262,000262.0k $250.2k $250.2k 0.01% Reduced -68.0k -68,000
34 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 200,000200.0k $191.1k $191.1k 0.00% Unchanged
35 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 113,000113.0k $108.0k $108.0k 0.00% Reduced -1.2m -1,225,000
36 AQR Arbitrage LLC 0.00% of their portfolio Greenwich, CT 85,00085.0k $81.1k $81.1k 0.00% Unchanged
37 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 75,00075.0k $71.4k $71.4k 0.00% Unchanged
38 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,0005.0k $4.8k $4.8k 0.00% Unchanged
39 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 3,3803.4k $323.0k $323.0k 0.00% Unchanged
40 ODDO BHF ASSET MANAGEMENT SAS 0.01% of their portfolio PARIS, I0 303303 $289.8k $289.8k 0.01% Reduced -300 -300
41 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged