IMMUNOCORE HLDGS PLC IMCR 2.5 02.01.30
NOTE 2.500% 2/0 · US DOMESTIC · CUSIP 45258DAB1
25
institutional holders
-2 vs Q4 2025
6.5m
shares reported held*
$358.1mreported value*
1 new
5 added
6 reduced
3 sold out
net sold ≈ $400.9k (-4.5m 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 ($203.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $55.11.
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2025 | 28 |
| Q2 2025 | 25 |
| Q3 2025 | 27 |
| Q4 2025 | 27 |
| Q1 2026 | 25 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2025 | 12 | 12 |
| Q3 2025 | 12 | 9 |
| Q4 2025 | 13 | 10 |
| Q1 2026 | 6 | 9 |
Biggest buyers
| CAMDEN ASSET MANAGEMENT L P /CA | Added | +6.5m |
| Context Capital Management, LLC | Added | +6.3m |
| BlackRock, Inc. | Added | +1.3m |
| OAKTREE CAPITAL MANAGEMENT LP | New | +833.0k |
| WELLS FARGO & COMPANY/MN | Added | +586.0k |
| Russell Investments Group, Ltd. | Added | +378.0k |
Biggest sellers
| Polar Capital Holdings Plc | Reduced | -4.5m |
| Kohlberg Kravis Roberts & Co. L.P. | Reduced | -3.3m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -3.1m |
| Ares Systematic Credit Ltd | Reduced | -2.3m |
| JPMORGAN CHASE & CO | Sold out | -2.2m |
| PALISADE CAPITAL MANAGEMENT, LP | Sold out | -514.0k |
| CITIGROUP INC | Reduced | -250.0k |
| STATE STREET CORP | Reduced | -225.0k |
| MACQUARIE GROUP LTD | Sold out | -50.0k |
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| Linden Advisors LP 0.46% of their portfolio | 90.8m $81.9m | Unchanged |
| Context Capital Management, LLC 1.62% of their portfolio | 77.8m $70.2m | Added +6.3m |
| CAMDEN ASSET MANAGEMENT L P /CA 1.30% of their portfolio | 42.7m $38.3m | Added +6.5m |
| DEERFIELD MANAGEMENT COMPANY, L.P. 0.32% of their portfolio | 30.0m $27.0m | Unchanged |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 25.0m $22.6m | Reduced -3.1m |
| Kohlberg Kravis Roberts & Co. L.P. 0.34% of their portfolio | 20.1m $18.2m | Reduced -3.3m |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 20.0m $18.0m | Unchanged |
| Davidson Kempner Capital Management LP 0.32% of their portfolio | 20.0m $17.9m | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 17.5m $15.8m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 8.6m $7.7m | Reduced -225.0k |
| WOLVERINE ASSET MANAGEMENT LLC 0.11% of their portfolio | 8.0m $7.2m | Unchanged |
| M&G PLC 0.03% of their portfolio | 7.2m $6.4m | Unchanged |
| Polar Capital Holdings Plc 0.03% of their portfolio | 6.5m $5.8m | Reduced -4.5m |
| BlackRock, Inc. 0.00% of their portfolio | 6.3m $5.7m | Added +1.3m |
| ADVENT CAPITAL MANAGEMENT /DE/ 0.15% of their portfolio | 5.6m $5.1m | Unchanged |
| Wellesley Asset Management 0.23% of their portfolio | 4.2m $2.2m | Unchanged |
| Ares Systematic Credit Ltd 1.54% of their portfolio | 2.2m $2.0m | Reduced -2.3m |
| Nicholas Investment Partners, LP 0.12% of their portfolio | 1.9m $1.7m | Unchanged |
| OAKTREE CAPITAL MANAGEMENT LP 0.01% of their portfolio | 833.0k $751.3k | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 658.0k $595.8k | Added +378.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 605.0k $538.6k | Added +586.0k |
| Northwest & Ethical Investments L.P. 0.00% of their portfolio | 105.0k $94.2k | Unchanged |
| SG Americas Securities, LLC 0.00% of their portfolio | 24.0k $2.2m | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 13.0k $11.7k | Reduced -250.0k |
| ODDO BHF ASSET MANAGEMENT SAS 0.01% of their portfolio | 422 $377.4k | Unchanged |