Vault-13

INSMED INC INSM 0.75 06.01.28

NOTE 0.750% 6/0 · US DOMESTIC · CUSIP 457669AB5

61 institutional holders +0 vs Q1 2023
50,633,00050.6m shares reported held*
$495.2mreported value*
6 new 18 added 19 reduced 6 sold out net sold ≈ $22.8m (+1.1m 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 ($2.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $9.84.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 44Q4 22: 56Q1 23: 61Q2 23: 6161Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202244
Q4 202256
Q1 202361
Q2 202361

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 28 bought or addedQ4 22: 18 cut or sold outQ4 22Q1 23: 30 bought or addedQ1 23: 22 cut or sold outQ1 23Q2 23: 24 bought or addedQ2 23: 25 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222818
Q1 20233022
Q2 20232425

Biggest buyers

CAPSTONE INVESTMENT ADVISORS, LLC Added +19,000,000+19.0m
WOLVERINE ASSET MANAGEMENT LLC Added +9,499,000+9.5m
WHITEBOX ADVISORS LLC New +6,000,000+6.0m
DeepCurrents Investment Group LLC Added +5,050,000+5.0m
Monashee Investment Management LLC New +5,000,000+5.0m
Magnetar Financial LLC Added +4,300,000+4.3m
VOYA INVESTMENT MANAGEMENT LLC Added +3,045,000+3.0m
STATE STREET CORP Added +2,700,000+2.7m
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +2,500,000+2.5m
Aequim Alternative Investments LP Added +2,500,000+2.5m

Biggest sellers

AVIVA PLC Sold out -26,300,000-26.3m
BNP PARIBAS FINANCIAL MARKETS Reduced -20,000,000-20.0m
AQR Arbitrage LLC Reduced -10,825,000-10.8m
Sycale Advisors (NY) LLC Sold out -10,475,000-10.5m
FMR LLC Reduced -6,250,000-6.2m
Monashee Investment Management LLC Sold out -5,000,000-5.0m
JANE STREET GROUP, LLC Reduced -2,650,000-2.6m
READYSTATE ASSET MANAGEMENT LP Reduced -2,000,000-2.0m
JPMORGAN CHASE & CO Reduced -1,437,000-1.4m
LORD, ABBETT & CO. LLC Reduced -1,249,000-1.2m

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CAPSTONE INVESTMENT ADVISORS, LLC 1.74% of their portfolio NEW YORK, NY 69,981,00070.0m $59.0m $59.0m 1.74% Added +19.0m +19,000,000
2 WOLVERINE ASSET MANAGEMENT LLC 0.99% of their portfolio CHICAGO, IL 62,145,00062.1m $52.7m $52.7m 0.99% Added +9.5m +9,499,000
3 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 60,000,00060.0m $50.6m $50.6m 0.02% Unchanged
4 VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio ATLANTA, GA 52,800,00052.8m $44.5m $44.5m 0.05% Added +3.0m +3,045,000
5 LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 39,000,00039.0m $32.9m $32.9m 0.04% Reduced -1.0m -1,000,000
6 LORD, ABBETT & CO. LLC 0.04% of their portfolio JERSEY CITY, NJ 29,594,00029.6m $24.9m $24.9m 0.04% Reduced -1.2m -1,249,000
7 LORD, ABBETT & CO. LLC 0.04% of their portfolio JERSEY CITY, NJ 29,594,00029.6m $24.9m $24.9m 0.04% Reduced -1.2m -1,249,000
8 Calamos Advisors LLC 0.11% of their portfolio NAPERVILLE, IL 25,862,00025.9m $21.9m $21.9m 0.11% Reduced -57.0k -57,000
9 Magnetar Financial LLC 0.47% of their portfolio EVANSTON, IL 25,172,00025.2m $21.4m $21.4m 0.47% Added +4.3m +4,300,000
10 LMR Partners LLP 0.39% of their portfolio LONDON, X0 20,000,00020.0m $16.9m $16.9m 0.39% Unchanged
11 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 19,030,00019.0m $16.0m $16.0m 0.01% Reduced -1.0m -1,000,000
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 14,625,00014.6m $12.4m $12.4m 0.00% Added +2.7m +2,700,000
13 READYSTATE ASSET MANAGEMENT LP 1.17% of their portfolio CHICAGO, IL 14,000,00014.0m $11.8m $11.8m 1.17% Reduced -2.0m -2,000,000
14 SSI INVESTMENT MANAGEMENT LLC 0.71% of their portfolio Los Angeles, CA 12,022,00012.0m $10.1m $10.1m 0.71% Added +1.1m +1,120,000
15 DeepCurrents Investment Group LLC 0.38% of their portfolio NEW YORK, NY 10,550,00010.6m $9.0m $9.0m 0.38% Added +5.0m +5,050,000
16 Aequim Alternative Investments LP 0.32% of their portfolio MILL VALLEY, CA 10,000,00010.0m $8.4m $8.4m 0.32% Added +2.5m +2,500,000
17 ABSOLUTE INVESTMENT ADVISERS, LLC 1.00% of their portfolio ROSEMARY BEACH, FL 8,467,0008.5m $7.1m $7.1m 1.00% Added +42.0k +42,000
18 CSS LLC/IL 0.46% of their portfolio CHICAGO, IL 7,013,0007.0m $5.9m $5.9m 0.46% Added +2.0m +2,000,000
19 FMR LLC 0.00% of their portfolio BOSTON, MA 6,250,0006.2m $5.2m $5.2m 0.00% Reduced -6.2m -6,250,000
20 WHITEBOX ADVISORS LLC 0.24% of their portfolio MINNEAPOLIS, MN 6,000,0006.0m $5.0m $5.0m 0.24% New
21 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 5,000,0005.0m $4.2m $4.2m 0.00% Unchanged
22 Monashee Investment Management LLC 1.01% of their portfolio Boston, MA 5,000,0005.0m $4.2m $4.2m 1.01% New
23 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 5,000,0005.0m $4.2m $4.2m 0.01% Unchanged
24 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 4,687,0004.7m $3.9m $3.9m 0.01% Unchanged
25 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,331,0004.3m $3.6m $3.6m 0.00% Added +63.0k +63,000
26 LITTLEJOHN & CO LLC 2.38% of their portfolio GREENWICH, CT 4,000,0004.0m $3.4m $3.4m 2.38% Unchanged
27 Portman Square Capital LLP 0.60% of their portfolio London, X0 4,000,0004.0m $3.4m $3.4m 0.60% Added +1.0m +1,000,000
28 BRAIDWELL LP 0.10% of their portfolio STAMFORD, CT 3,500,0003.5m $3.0m $3.0m 0.10% Unchanged
29 BlackRock Inc. 0.00% of their portfolio New York, NY 3,274,0003.3m $2.7m $2.7m 0.00% Reduced -450.0k -450,000
30 AQR Arbitrage LLC 0.12% of their portfolio Greenwich, CT 3,175,0003.2m $2.7m $2.7m 0.12% Reduced -10.8m -10,825,000
31 Man Group plc 0.01% of their portfolio LONDON, X0 3,150,0003.1m $2.6m $2.6m 0.01% Added +350.0k +350,000
32 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,655,0002.7m $2.2m $2.2m 0.00% Reduced -350.0k -350,000
33 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 2,500,0002.5m $2.1m $2.1m 0.00% New
34 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 2,200,0002.2m $1.9m $1.9m 0.00% Reduced -500.0k -500,000
35 Amundi 0.00% of their portfolio Paris, I0 2,035,0002.0m $1.7m $1.7m 0.00% Reduced -320.0k -320,000
36 RWC Asset Management LLP 0.08% of their portfolio LONDON, X0 2,000,0002.0m $1.7m $1.7m 0.08% Unchanged
37 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,761,0001.8m $1.5m $1.5m 0.00% Reduced -2.6m -2,650,000
38 PALISADE CAPITAL MANAGEMENT, LP 0.04% of their portfolio FORT LEE, NJ 1,683,0001.7m $1.4m $1.4m 0.04% Reduced -602.0k -602,000
39 Sonora Investment Management Group, LLC 0.04% of their portfolio TUCSON, AZ 575,000575.0k $481.2k $481.2k 0.04% Reduced -40.0k -40,000
40 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 570,000570.0k $483.3k $483.3k 0.00% Added +277.0k +277,000
41 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 505,000505.0k $423.6k $423.6k 0.00% Added +294.0k +294,000
42 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 400,000400.0k $339.1k $339.1k 0.00% Unchanged
43 ABN AMRO INVESTMENT SOLUTIONS 0.01% of their portfolio PARIS CEDEX 008, I0 300,000300.0k $253.1k $253.1k 0.01% Unchanged
44 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 200,000200.0k $167.3k $167.3k 0.00% Unchanged
45 KBC Group NV 0.00% of their portfolio Brussels, C9 200,000200.0k $170.0k $170.0k 0.00% Unchanged
46 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 168,000168.0k $140.9k $140.9k 0.00% Unchanged
47 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 167,000167.0k $140.1k $140.1k 0.00% Reduced -20.0m -20,000,000
48 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 156,000156.0k $130.8k $130.8k 0.00% Added +134.0k +134,000
49 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 152,000152.0k $128.9k $128.9k 0.01% Reduced -25.0k -25,000
50 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 138,000138.0k $116.4k $116.4k 0.00% Unchanged
51 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 89,00089.0k $75.5k $75.5k 0.00% Reduced -1.4m -1,437,000
52 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 75,00075.0k $62.9k $62.9k 0.00% Unchanged
53 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 40,00040.0k $33.5k $33.5k 0.00% New
54 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 28,00028.0k $23.5k $23.5k 0.00% Added +3.0k +3,000
55 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 25,00025.0k $21.0k $21.0k 0.00% New
56 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 5,0005.0k $4.2k $4.2k 0.00% New
57 Verition Fund Management LLC 0.04% of their portfolio GREENWICH, CT 3,3743.4k $2.8m $2.8m 0.04% Added +1.6k +1,566
58 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 2,3902.4k $207.0k $207.0k 0.00% Reduced -4.3k -4,350
59 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,0001.0k $839 $839 0.00% Unchanged
60 Candriam S.C.A. 0.00% of their portfolio STRASSEN, N4 400400 $339.1k $339.1k 0.00% Unchanged
61 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged