Vault-13

INTERCEPT PHARMACEUTICALS IN ICPT 3.25 07.01.23

NOTE 3.250% 7/0 · US DOMESTIC · CUSIP 45845PAA6

18 institutional holders -5 vs Q4 2022
3,0003.0k shares reported held*
$96.5mreported value*
0 new 7 added 1 reduced 5 sold out net bought ≈ $4.6m

* 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 ≈ $32152.90.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 21Q4 22: 23Q1 23: 1818Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202221
Q4 202223
Q1 202318

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q4 22: 8 bought or addedQ4 22: 5 cut or sold outQ4 22Q1 23: 7 bought or addedQ1 23: 6 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 202285
Q1 202376

Biggest buyers

OAKTREE CAPITAL MANAGEMENT LP Added +3,557,000+3.6m
Russell Investments Group, Ltd. Added +1,061,000+1.1m
Kohlberg Kravis Roberts & Co. L.P. Added +500,000+500.0k
WELLS FARGO & COMPANY/MN Added +400,000+400.0k
Raymond James Financial Services Advisors, Inc. Added +37,000+37.0k
LPL Financial LLC Added +35,000+35.0k
CITIGROUP INC Added +1,000+1.0k

Biggest sellers

L & S Advisors Inc Sold out -795,000-795.0k
ROYAL BANK OF CANADA Sold out -100,000-100.0k
Balboa Wealth Partners Sold out -21,000-21.0k
Regal Investment Advisors LLC Sold out -20,000-20.0k
MORGAN STANLEY Reduced -5,000-5.0k
Context Capital Management, LLC Sold out -4,323-4.3k

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 DEERFIELD MANAGEMENT COMPANY, L.P. 1.27% of their portfolio New York, NY 57,791,00057.8m $57.0m $57.0m 1.27% Unchanged
2 OAKTREE CAPITAL MANAGEMENT LP 0.16% of their portfolio LOS ANGELES, CA 14,234,00014.2m $14.2m $14.2m 0.16% Added +3.6m +3,557,000
3 Kohlberg Kravis Roberts & Co. L.P. 0.41% of their portfolio NEW YORK, NY 13,507,00013.5m $13.5m $13.5m 0.41% Added +500.0k +500,000
4 Atlas Merchant Capital LLC 0.61% of their portfolio New York, NY 3,500,0003.5m $3.5m $3.5m 0.61% Unchanged
5 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 3,384,0003.4m $3.4m $3.4m 0.01% Added +1.1m +1,061,000
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,452,3321.5m $1.4m $1.4m 0.00% Reduced -5.0k -5,000
7 PIPER SANDLER & CO. 0.81% of their portfolio MINNEAPOLIS, MN 1,162,0001.2m $1.2m $1.2m 0.81% Unchanged
8 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 550,500550.5k $546.4k $546.4k 0.00% Added +400.0k +400,000
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 521,000521.0k $520.1k $520.1k 0.00% Unchanged
10 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 250,000250.0k $247.7k $247.7k 0.00% Unchanged
11 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 200,000200.0k $198.5k $198.5k 0.00% Unchanged
12 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 146,000146.0k $144.6k $144.6k 0.00% Added +37.0k +37,000
13 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 140,000140.0k $138.6k $138.6k 0.00% Unchanged
14 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 86,00086.0k $84.3k $84.3k 0.00% Added +35.0k +35,000
15 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 10,00010.0k $9.9k $9.9k 0.00% Added +1.0k +1,000
16 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 10,00010.0k $9.8k $9.8k 0.00% Unchanged
17 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 3,0003.0k $297.0k $297.0k 0.01% Unchanged
18 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged