Vault-13

INNOVIVA INC INVA 2.5 08.15.25

NOTE 2.500% 8/1 · US DOMESTIC · CUSIP 45781MAB7

14 institutional holders +0 vs Q1 2024
$198.2mprincipal reported held*
$209.1mreported value*
2 new 5 added 2 reduced 2 sold out net bought ≈ $10.0m (-30.0m 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 ($10.3m this quarter). Holder counts are more reliable.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

051015Q3 22: 11Q4 22: 14Q1 23: 14Q2 23: 14Q3 23: 13Q4 23: 12Q1 24: 14Q2 24: 1414Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202211
Q4 202214
Q1 202314
Q2 202314
Q3 202313
Q4 202312
Q1 202414
Q2 202414

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q4 22: 5 bought or addedQ4 22: 2 cut or sold outQ4 22Q1 23: 3 bought or addedQ1 23: 4 cut or sold outQ2 23: 5 bought or addedQ2 23: 5 cut or sold outQ2 23Q3 23: 5 bought or addedQ3 23: 4 cut or sold outQ4 23: 7 bought or addedQ4 23: 5 cut or sold outQ4 23Q1 24: 9 bought or addedQ1 24: 5 cut or sold outQ2 24: 7 bought or addedQ2 24: 4 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202252
Q1 202334
Q2 202355
Q3 202354
Q4 202375
Q1 202495
Q2 202474

Biggest buyers

DeepCurrents Investment Group LLC Added +30,512,000+30.5m
Opti Capital Management, LP New +12,000,000+12.0m
Verition Fund Management LLC Added +9,114,000+9.1m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +8,000,000+8.0m
III Capital Management Added +4,689,000+4.7m
CAPSTONE INVESTMENT ADVISORS, LLC Added +1,500,000+1.5m
CITIGROUP INC New +1,000,000+1.0m

Biggest sellers

Opti Capital Management, LP Sold out -30,000,000-30.0m
CITADEL ADVISORS LLC Sold out -20,299,000-20.3m
CAMDEN ASSET MANAGEMENT L P /CA Reduced -7,225,000-7.2m
BOOTHBAY FUND MANAGEMENT, LLC Reduced -249,000-249.0k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CAPSTONE INVESTMENT ADVISORS, LLC 1.08% of their portfolio NEW YORK, NY 44,500,00044.5m $49.2m $49.2m 1.08% Added +1.5m +1,500,000
2 III Capital Management 2.20% of their portfolio BOCA RATON, FL 35,969,00036.0m $39.8m $39.8m 2.20% Added +4.7m +4,689,000
3 TENOR CAPITAL MANAGEMENT Co., L.P. 0.56% of their portfolio NEW YORK, NY 32,076,00032.1m $35.8m $35.8m 0.56% Added +8.0m +8,000,000
4 DeepCurrents Investment Group LLC 1.37% of their portfolio NEW YORK, NY 30,895,00030.9m $34.1m $34.1m 1.37% Added +30.5m +30,512,000
5 CAMDEN ASSET MANAGEMENT L P /CA 0.65% of their portfolio Los Angeles, CA 19,565,00019.6m $21.5m $21.5m 0.65% Reduced -7.2m -7,225,000
6 Opti Capital Management, LP 0.99% of their portfolio New York, NY 12,000,00012.0m $13.3m $13.3m 0.99% New
7 Verition Fund Management LLC 0.08% of their portfolio GREENWICH, CT 9,291,0009.3m $10.3m $10.3m 0.08% Added +9.1m +9,114,000
8 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 3,850,0003.9m $4.3m $4.3m 0.00% Unchanged
9 Cutler Capital Management, LLC 1.65% of their portfolio WORCESTER, MA 3,835,0003.8m $4.2m $4.2m 1.65% Unchanged
10 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 2,500,0002.5m $2.7m $2.7m 0.00% Unchanged
11 Calamos Advisors LLC 0.01% of their portfolio NAPERVILLE, IL 1,562,0001.6m $1.7m $1.7m 0.01% Unchanged
12 BOOTHBAY FUND MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 1,121,0001.1m $1.2m $1.2m 0.04% Reduced -249.0k -249,000
13 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,000,0001.0m $1.1m $1.1m 0.00% New
14 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged