Vault-13

INFINERA CORP INFN 2.5 03.01.27

NOTE 2.500% 3/0 · US DOMESTIC · CUSIP 45667GAE3

20 institutional holders +3 vs Q1 2024
14,250,00014.2m shares reported held*
$204.5mreported value*
6 new 4 added 3 reduced 3 sold out net sold ≈ $2.0m (-134.0k 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 ($1.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $14.44.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

01020Q3 22: 16Q4 22: 15Q1 23: 16Q2 23: 16Q3 23: 17Q4 23: 18Q1 24: 17Q2 24: 2020Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202216
Q4 202215
Q1 202316
Q2 202316
Q3 202317
Q4 202318
Q1 202417
Q2 202420

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q4 22: 2 bought or addedQ4 22: 2 cut or sold outQ4 22Q1 23: 3 bought or addedQ1 23: 2 cut or sold outQ2 23: 2 bought or addedQ2 23: 3 cut or sold outQ2 23Q3 23: 4 bought or addedQ3 23: 3 cut or sold outQ4 23: 5 bought or addedQ4 23: 4 cut or sold outQ4 23Q1 24: 6 bought or addedQ1 24: 7 cut or sold outQ2 24: 10 bought or addedQ2 24: 6 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202222
Q1 202332
Q2 202323
Q3 202343
Q4 202354
Q1 202467
Q2 2024106

Biggest buyers

WOLVERINE ASSET MANAGEMENT LLC Added +8,726,000+8.7m
SILVERBACK ASSET MANAGEMENT LLC Added +4,704,000+4.7m
DeepCurrents Investment Group LLC New +4,245,000+4.2m
ARISTEIA CAPITAL, L.L.C. New +2,500,000+2.5m
JPMORGAN CHASE & CO New +2,000,000+2.0m
Verition Fund Management LLC New +1,298,000+1.3m
BARCLAYS PLC New +975,000+975.0k
AQR Arbitrage LLC Added +525,000+525.0k
PALISADE CAPITAL MANAGEMENT, LP New +500,000+500.0k
Context Capital Management, LLC Added +2,000+2.0k

Biggest sellers

MacKay Shields LLC Sold out -11,879,000-11.9m
CITADEL ADVISORS LLC Reduced -5,726,000-5.7m
NEUBERGER BERMAN GROUP LLC Reduced -4,204,000-4.2m
Jefferies Financial Group Inc. Sold out -3,245,000-3.2m
MORGAN STANLEY Reduced -2,211,000-2.2m
SEI INVESTMENTS CO Sold out -134,000-134.0k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.38% of their portfolio New York, NY 44,295,00044.3m $45.1m $45.1m 0.38% Unchanged
2 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 35,500,00035.5m $36.3m $36.3m 0.04% Reduced -5.7m -5,726,000
3 SILVERBACK ASSET MANAGEMENT LLC 3.83% of their portfolio DURHAM, NC 30,594,00030.6m $31.2m $31.2m 3.83% Added +4.7m +4,704,000
4 WOLVERINE ASSET MANAGEMENT LLC 0.52% of their portfolio CHICAGO, IL 26,976,00027.0m $27.4m $27.4m 0.52% Added +8.7m +8,726,000
5 ABSOLUTE INVESTMENT ADVISERS, LLC 2.16% of their portfolio ROSEMARY BEACH, FL 14,250,00014.2m $14.5m $14.5m 2.16% Unchanged
6 TENOR CAPITAL MANAGEMENT Co., L.P. 0.15% of their portfolio NEW YORK, NY 9,000,0009.0m $9.2m $9.2m 0.15% Unchanged
7 AQR Arbitrage LLC 0.18% of their portfolio Greenwich, CT 6,695,0006.7m $6.9m $6.9m 0.18% Added +525.0k +525,000
8 CAPSTONE INVESTMENT ADVISORS, LLC 0.15% of their portfolio NEW YORK, NY 6,500,0006.5m $6.7m $6.7m 0.15% Unchanged
9 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 5,696,0005.7m $5.9m $5.9m 0.00% Reduced -4.2m -4,204,000
10 DeepCurrents Investment Group LLC 0.17% of their portfolio NEW YORK, NY 4,245,0004.2m $4.3m $4.3m 0.17% New
11 ARISTEIA CAPITAL, L.L.C. 0.10% of their portfolio GREENWICH, CT 2,500,0002.5m $2.6m $2.6m 0.10% New
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,000,0002.0m $2.1m $2.1m 0.00% New
13 Walleye Capital LLC 0.02% of their portfolio NEW YORK, NY 2,000,0002.0m $2.0m $2.0m 0.02% Unchanged
14 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 1,298,0001.3m $1.3m $1.3m 0.01% New
15 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 975,000975.0k $1.0m $1.0m 0.00% New
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 924,000924.0k $941.5k $941.5k 0.00% Reduced -2.2m -2,211,000
17 PALISADE CAPITAL MANAGEMENT, LP 0.01% of their portfolio FORT LEE, NJ 500,000500.0k $519.1k $519.1k 0.01% New
18 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 250,000250.0k $254.7k $254.7k 0.00% Unchanged
19 Context Capital Management, LLC 0.28% of their portfolio LAJOLLA, CA 7,5007.5k $7.7m $7.7m 0.28% Added +2.0k +2,000
20 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged