Vault-13

EXACT SCIENCES CORP EXAS 0.375 03.01.28

NOTE 0.375% 3/0 · US DOMESTIC · CUSIP 30063PAC9

51 institutional holders -1 vs Q1 2025
8,531,2858.5m shares reported held*
$544.4mreported value*
8 new 16 added 9 reduced 9 sold out net bought ≈ $44.3m (+2.0m 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 ≈ $63.81.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 62Q4 22: 57Q1 23: 58Q2 23: 62Q3 23: 67Q4 23: 60Q1 24: 64Q2 24: 56Q3 24: 47Q4 24: 63Q1 25: 52Q2 25: 5151Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202262
Q4 202257
Q1 202358
Q2 202362
Q3 202367
Q4 202360
Q1 202464
Q2 202456
Q3 202447
Q4 202463
Q1 202552
Q2 202551

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 23: 33 bought or addedQ3 23: 20 cut or sold outQ4 23: 24 bought or addedQ4 23: 28 cut or sold outQ4 23Q1 24: 32 bought or addedQ1 24: 26 cut or sold outQ2 24: 20 bought or addedQ2 24: 36 cut or sold outQ2 24Q3 24: 12 bought or addedQ3 24: 26 cut or sold outQ4 24: 30 bought or addedQ4 24: 17 cut or sold outQ4 24Q1 25: 20 bought or addedQ1 25: 31 cut or sold outQ2 25: 24 bought or addedQ2 25: 18 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20233320
Q4 20232428
Q1 20243226
Q2 20242036
Q3 20241226
Q4 20243017
Q1 20252031
Q2 20252418

Biggest buyers

Linden Advisors LP Added +28,572,000+28.6m
READYSTATE ASSET MANAGEMENT LP New +20,000,000+20.0m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +14,000,000+14.0m
CAMDEN ASSET MANAGEMENT L P /CA Added +12,500,000+12.5m
Walleye Capital LLC New +10,000,000+10.0m
AQR Arbitrage LLC Added +5,500,000+5.5m
SUSQUEHANNA ADVISORS GROUP, INC. New +5,000,000+5.0m
SONA ASSET MANAGEMENT (US) LLC Added +2,750,000+2.8m
JPMORGAN CHASE & CO Added +2,707,000+2.7m
TORONTO DOMINION BANK Added +2,502,000+2.5m

Biggest sellers

Opti Capital Management, LP Sold out -23,000,000-23.0m
WOLVERINE ASSET MANAGEMENT LLC Sold out -13,222,000-13.2m
CSS LLC/IL Sold out -5,320,000-5.3m
TWO SIGMA INVESTMENTS, LP Sold out -5,000,000-5.0m
Jefferies Financial Group Inc. Reduced -4,888,000-4.9m
CITIGROUP INC Sold out -2,186,000-2.2m
WESTWOOD HOLDINGS GROUP INC Sold out -2,000,000-2.0m
BANK OF MONTREAL /CAN/ Sold out -1,550,000-1.6m
BNP PARIBAS FINANCIAL MARKETS Sold out -400,000-400.0k
BlackRock, Inc. Reduced -175,000-175.0k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.92% of their portfolio New York, NY 163,997,000164.0m $149.6m $149.6m 0.92% Added +28.6m +28,572,000
2 LAZARD ASSET MANAGEMENT LLC 0.12% of their portfolio NEW YORK, NY 93,192,00093.2m $85.2m $85.2m 0.12% Added +605.0k +605,000
3 TENOR CAPITAL MANAGEMENT Co., L.P. 1.04% of their portfolio NEW YORK, NY 84,000,00084.0m $76.9m $76.9m 1.04% Added +14.0m +14,000,000
4 AQR Arbitrage LLC 1.53% of their portfolio Greenwich, CT 71,384,00071.4m $65.2m $65.2m 1.53% Added +5.5m +5,500,000
5 CAMDEN ASSET MANAGEMENT L P /CA 0.69% of their portfolio Los Angeles, CA 32,500,00032.5m $29.6m $29.6m 0.69% Added +12.5m +12,500,000
6 Davidson Kempner Capital Management LP 0.37% of their portfolio New York, NY 27,000,00027.0m $24.6m $24.6m 0.37% Not comparable
7 READYSTATE ASSET MANAGEMENT LP 0.76% of their portfolio CHICAGO, IL 20,000,00020.0m $18.3m $18.3m 0.76% New
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 11,971,00012.0m $10.9m $10.9m 0.00% Added +1.0m +1,000,000
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,178,00011.2m $10.2m $10.2m 0.00% Reduced -100.0k -100,000
10 Walleye Capital LLC 0.08% of their portfolio NEW YORK, NY 10,000,00010.0m $9.1m $9.1m 0.08% New
11 SONA ASSET MANAGEMENT (US) LLC 0.30% of their portfolio NEW YORK, NY 9,750,0009.8m $8.9m $8.9m 0.30% Added +2.8m +2,750,000
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 7,747,0007.7m $7.1m $7.1m 0.00% Added +2.7m +2,707,000
13 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 5,850,0005.8m $5.3m $5.3m 0.01% Added +1 +1
14 BlackRock, Inc. 0.00% of their portfolio New York, NY 5,785,0005.8m $5.3m $5.3m 0.00% Reduced -175.0k -175,000
15 SUSQUEHANNA ADVISORS GROUP, INC. 0.00% of their portfolio BALA CYNWYD, PA 5,000,0005.0m $45.5k $45.5k 0.00% New
16 MacKay Shields LLC 0.12% of their portfolio New York, NY 4,176,0004.2m $3.8m $3.8m 0.12% Reduced -167.0k -167,000
17 ADVENT CAPITAL MANAGEMENT /DE/ 0.08% of their portfolio NEW YORK, NY 4,077,0004.1m $3.7m $3.7m 0.08% Added +189.0k +189,000
18 Jefferies Financial Group Inc. 0.05% of their portfolio NEW YORK, NY 3,222,0003.2m $2.9m $2.9m 0.05% Reduced -4.9m -4,888,000
19 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 3,002,0003.0m $2.7m $2.7m 0.01% Added +2.5m +2,502,000
20 FMR LLC 0.00% of their portfolio BOSTON, MA 2,890,0002.9m $2.6m $2.6m 0.00% Unchanged
21 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 2,000,0002.0m $1.8m $1.8m 0.00% New
22 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 2,000,0002.0m $1.8m $1.8m 0.00% New
23 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,686,0001.7m $1.5m $1.5m 0.00% Added +682.0k +682,000
24 Erste Asset Management GmbH 0.01% of their portfolio VIENNA, C4 1,600,0001.6m $1.5m $1.5m 0.01% Added +1.6m +1,600,000
25 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,322,0001.3m $1.2m $1.2m 0.00% Unchanged
26 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,258,0001.3m $1.1m $1.1m 0.00% Reduced -21.0k -21,000
27 DNCA FINANCE 0.06% of their portfolio PARIS, I0 800,000800.0k $729.8k $729.8k 0.06% Unchanged
28 KORNITZER CAPITAL MANAGEMENT INC /KS 0.01% of their portfolio SHAWNEE MISSION, KS 750,000750.0k $683.6k $683.6k 0.01% Unchanged
29 SSI INVESTMENT MANAGEMENT LLC 0.04% of their portfolio Los Angeles, CA 581,000581.0k $529.6k $529.6k 0.04% Reduced -10.0k -10,000
30 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 367,000367.0k $335.8k $335.8k 0.00% Unchanged
31 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $273.3k $273.3k 0.00% Reduced -100.0k -100,000
32 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 281,000281.0k $256.8k $256.8k 0.00% Unchanged
33 NOMURA HOLDINGS INC 0.08% of their portfolio TOKYO, M0 190,285190.3k $10.1m $10.1m 0.08% Added +46.0k +45,995
34 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 129,000129.0k $117.6k $117.6k 0.00% Reduced -2.0k -2,000
35 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 60,00060.0k $54.7k $54.7k 0.00% Unchanged
36 VIRTUS ADVISERS, LLC 0.03% of their portfolio HARTFORD, CT 50,00050.0k $45.6k $45.6k 0.03% Unchanged
37 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 39,00039.0k $35.5k $35.5k 0.00% Added +1.0k +1,000
38 Balboa Wealth Partners 0.00% of their portfolio SCOTTSDALE, AZ 21,00021.0k $19.1k $19.1k 0.00% Reduced -3.0k -3,000
39 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 19,00019.0k $17.4k $17.4k 0.00% Unchanged
40 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 17,00017.0k $15.4k $15.4k 0.00% Unchanged
41 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 15,00015.0k $13.7k $13.7k 0.00% Unchanged
42 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 12,00012.0k $10.0k $10.0k 0.00% Added +6.0k +6,000
43 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 11,00011.0k $10.0k $10.0k 0.00% New
44 PARSONS CAPITAL MANAGEMENT INC/RI 0.00% of their portfolio PROVIDENCE, RI 11,00011.0k $10.0k $10.0k 0.00% Unchanged
45 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 11,00011.0k $10.0k $10.0k 0.00% New
46 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 4,0004.0k $3.6k $3.6k 0.00% Unchanged
47 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 4,0004.0k $3.6k $3.6k 0.00% Unchanged
48 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 3,0003.0k $2.7k $2.7k 0.00% New
49 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,2001.2k $1.1k $1.1k 0.00% Unchanged
50 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 1,0001.0k $912 $912 0.00% Unchanged
51 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged