Vault-13

INFINERA CORP

DEBT 3.750% 8/0 · CUSIP 45667GAF0

30 institutional holders -3 vs Q4 2022
58,150,34558.2m shares reported held*
$499.4mreported value*
4 new 8 added 9 reduced 7 sold out net bought ≈ $11.4m (+14.4m 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 ≈ $8.59.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 38Q4 22: 33Q1 23: 3030Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202238
Q4 202233
Q1 202330

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 12 bought or addedQ4 22: 16 cut or sold outQ4 22Q1 23: 12 bought or addedQ1 23: 16 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221216
Q1 20231216

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. Added +16,000,000+16.0m
Linden Advisors LP Added +13,235,000+13.2m
AQR Arbitrage LLC Added +11,500,000+11.5m
CITADEL ADVISORS LLC Added +8,000,000+8.0m
SILVERBACK ASSET MANAGEMENT LLC Added +5,735,000+5.7m
BLUEFIN CAPITAL MANAGEMENT, LLC New +4,500,000+4.5m
Jefferies Financial Group Inc. Added +2,084,000+2.1m
WOLVERINE ASSET MANAGEMENT LLC Added +1,500,000+1.5m
BlackRock Inc. Added +590,000+590.0k
GOLDMAN SACHS GROUP INC New +500,000+500.0k

Biggest sellers

Alberta Investment Management Corp Sold out -10,000,000-10.0m
SOROS FUND MANAGEMENT LLC Sold out -10,000,000-10.0m
CAPSTONE INVESTMENT ADVISORS, LLC Sold out -7,500,000-7.5m
LAZARD ASSET MANAGEMENT LLC Sold out -6,100,000-6.1m
AMERIPRISE FINANCIAL INC Reduced -4,670,000-4.7m
BlueCrest Capital Management Ltd Reduced -3,575,000-3.6m
Opti Capital Management, LP Reduced -3,500,000-3.5m
READYSTATE ASSET MANAGEMENT LP Reduced -2,400,000-2.4m
WHITEBOX ADVISORS LLC Reduced -2,000,000-2.0m
STATE STREET CORP Reduced -1,550,000-1.6m

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WOLVERINE ASSET MANAGEMENT LLC 1.48% of their portfolio CHICAGO, IL 61,500,00061.5m $83.4m $83.4m 1.48% Added +1.5m +1,500,000
2 CITADEL ADVISORS LLC 0.08% of their portfolio MIAMI, FL 53,000,00053.0m $71.8m $71.8m 0.08% Added +8.0m +8,000,000
3 TENOR CAPITAL MANAGEMENT Co., L.P. 1.35% of their portfolio NEW YORK, NY 50,000,00050.0m $68.1m $68.1m 1.35% Added +16.0m +16,000,000
4 Linden Advisors LP 0.57% of their portfolio New York, NY 39,735,00039.7m $53.9m $53.9m 0.57% Added +13.2m +13,235,000
5 SILVERBACK ASSET MANAGEMENT LLC 5.85% of their portfolio DURHAM, NC 27,035,00027.0m $36.6m $36.6m 5.85% Added +5.7m +5,735,000
6 AQR Arbitrage LLC 0.98% of their portfolio Greenwich, CT 23,500,00023.5m $31.8m $31.8m 0.98% Added +11.5m +11,500,000
7 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 15,330,00015.3m $20.7m $20.7m 0.01% Reduced -4.7m -4,670,000
8 WHITEBOX ADVISORS LLC 0.97% of their portfolio MINNEAPOLIS, MN 15,000,00015.0m $20.2m $20.2m 0.97% Reduced -2.0m -2,000,000
9 Polar Asset Management Partners Inc. 0.36% of their portfolio TORONTO, A6 15,000,00015.0m $20.4m $20.4m 0.36% Unchanged
10 READYSTATE ASSET MANAGEMENT LP 1.36% of their portfolio CHICAGO, IL 8,100,0008.1m $11.0m $11.0m 1.36% Reduced -2.4m -2,400,000
11 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 7,500,0007.5m $10.2m $10.2m 0.01% Unchanged
12 BlueCrest Capital Management Ltd 1.02% of their portfolio ST HELIER, Y9 7,000,0007.0m $9.5m $9.5m 1.02% Reduced -3.6m -3,575,000
13 Calamos Advisors LLC 0.04% of their portfolio NAPERVILLE, IL 6,000,0006.0m $8.1m $8.1m 0.04% Unchanged
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 5,950,0006.0m $8.1m $8.1m 0.00% Reduced -1.6m -1,550,000
15 Jefferies Financial Group Inc. 0.15% of their portfolio NEW YORK, NY 5,087,0005.1m $6.9m $6.9m 0.15% Added +2.1m +2,084,000
16 BLUEFIN CAPITAL MANAGEMENT, LLC 0.86% of their portfolio NEW YORK, NY 4,500,0004.5m $6.1m $6.1m 0.86% New
17 BlackRock Inc. 0.00% of their portfolio New York, NY 4,290,0004.3m $5.8m $5.8m 0.00% Added +590.0k +590,000
18 Opti Capital Management, LP 0.38% of their portfolio New York, NY 3,500,0003.5m $4.7m $4.7m 0.38% Reduced -3.5m -3,500,000
19 ABSOLUTE INVESTMENT ADVISERS, LLC 0.40% of their portfolio ROSEMARY BEACH, FL 2,000,0002.0m $2.7m $2.7m 0.40% Unchanged
20 PRELUDE CAPITAL MANAGEMENT, LLC 0.16% of their portfolio NEW YORK, NY 1,700,0001.7m $2.3m $2.3m 0.16% Unchanged
21 Walleye Capital LLC 0.04% of their portfolio NEW YORK, NY 1,500,0001.5m $2.0m $2.0m 0.04% Reduced -1.5m -1,500,000
22 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 900,000900.0k $1.2m $1.2m 0.01% Unchanged
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 761,000761.0k $1.0m $1.0m 0.00% Reduced -239.0k -239,000
24 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 750,000750.0k $960.5k $960.5k 0.00% Unchanged
25 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 500,000500.0k $675.0k $675.0k 0.00% New
26 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $271.3k $271.3k 0.00% Unchanged
27 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 8,0008.0k $10.8k $10.8k 0.00% New
28 Context Capital Management, LLC 0.91% of their portfolio LAJOLLA, CA 7,9758.0k $10.8m $10.8m 0.91% Reduced -7.5k -7,500
29 NATIXIS 0.00% of their portfolio PARIS, I0 345345 $438 $438 0.00% New
30 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged