Vault-13

INTERDIGITAL INC IDCC 3.5 06.01.27

NOTE 3.500% 6/0 · US DOMESTIC · CUSIP 45867GAD3

59 institutional holders +2 vs Q1 2024
29,031,96829.0m shares reported held*
$3.0bnreported value*
6 new 11 added 27 reduced 3 sold out net bought ≈ $7.9m (-3.2m 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 ≈ $104.75.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q2 23: 46Q3 23: 53Q4 23: 54Q1 24: 57Q2 24: 5959Q2 23Q3 23Q4 23Q1 24Q2 24
Numbers
QuarterHolders
Q2 202346
Q3 202353
Q4 202354
Q1 202457
Q2 202459

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 23: 27 bought or addedQ3 23: 11 cut or sold outQ3 23Q4 23: 24 bought or addedQ4 23: 23 cut or sold outQ4 23Q1 24: 29 bought or addedQ1 24: 24 cut or sold outQ1 24Q2 24: 17 bought or addedQ2 24: 30 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q3 20232711
Q4 20232423
Q1 20242924
Q2 20241730

Biggest buyers

Shaolin Capital Management LLC New +36,000,000+36.0m
AQR Arbitrage LLC New +15,885,000+15.9m
Aequim Alternative Investments LP New +5,000,000+5.0m
ROYAL BANK OF CANADA Added +4,280,000+4.3m
ARISTEIA CAPITAL, L.L.C. New +4,000,000+4.0m
CAMDEN ASSET MANAGEMENT L P /CA Added +2,500,000+2.5m
Warberg Asset Management LLC Added +1,335,000+1.3m
M&G PLC Added +1,292,000+1.3m
CITIGROUP INC Added +1,150,000+1.1m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC New +390,000+390.0k

Biggest sellers

Linden Advisors LP Reduced -8,700,000-8.7m
BNP PARIBAS FINANCIAL MARKETS Reduced -5,724,000-5.7m
VOYA INVESTMENT MANAGEMENT LLC Sold out -5,000,000-5.0m
JPMORGAN CHASE & CO Reduced -4,934,000-4.9m
MORGAN STANLEY Reduced -4,508,000-4.5m
Daiwa Securities Group Inc. Reduced -4,500,000-4.5m
Portman Square Capital LLP Reduced -4,300,000-4.3m
BANK OF MONTREAL /CAN/ Reduced -3,330,000-3.3m
BlueCrest Capital Management Ltd Reduced -3,250,000-3.2m
CITADEL ADVISORS LLC Reduced -2,994,000-3.0m

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CAMDEN ASSET MANAGEMENT L P /CA 3.02% of their portfolio Los Angeles, CA 64,683,00064.7m $100.0m $100.0m 3.02% Added +2.5m +2,500,000
2 Polar Asset Management Partners Inc. 1.98% of their portfolio TORONTO, A6 50,000,00050.0m $77.5m $77.5m 1.98% Unchanged
3 Shaolin Capital Management LLC 1.72% of their portfolio Miami, FL 36,000,00036.0m $55.9m $55.9m 1.72% New
4 STEELHEAD PARTNERS LLC 2.46% of their portfolio SEATTLE, WA 30,500,00030.5m $47.3m $47.3m 2.46% Unchanged
5 III Capital Management 1.95% of their portfolio BOCA RATON, FL 22,777,00022.8m $35.3m $35.3m 1.95% Reduced -973.0k -973,000
6 Daiwa Securities Group Inc. 0.14% of their portfolio CHIYODA-KU,TOKYO, M0 17,000,00017.0m $26.4m $26.4m 0.14% Reduced -4.5m -4,500,000
7 AQR Arbitrage LLC 0.64% of their portfolio Greenwich, CT 15,885,00015.9m $24.6m $24.6m 0.64% New
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 14,508,00014.5m $22.3m $22.3m 0.00% Reduced -4.9m -4,934,000
9 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 13,890,00013.9m $21.5m $21.5m 0.04% Reduced -2.9m -2,935,000
10 Linden Advisors LP 0.18% of their portfolio New York, NY 13,672,00013.7m $21.2m $21.2m 0.18% Reduced -8.7m -8,700,000
11 TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio NEW YORK, NY 12,500,00012.5m $19.3m $19.3m 0.05% Unchanged
12 CAPSTONE INVESTMENT ADVISORS, LLC 0.42% of their portfolio NEW YORK, NY 12,500,00012.5m $19.4m $19.4m 0.42% Unchanged
13 Calamos Advisors LLC 0.08% of their portfolio NAPERVILLE, IL 10,113,00010.1m $15.7m $15.7m 0.08% Added +20.0k +20,000
14 Alberta Investment Management Corp 0.16% of their portfolio EDMONTON, A0 10,000,00010.0m $15.5m $15.5m 0.16% Unchanged
15 ZAZOVE ASSOCIATES LLC 0.83% of their portfolio INCLINE VILLAGE, NV 9,200,0009.2m $14.3m $14.3m 0.83% Reduced -800.0k -800,000
16 Paloma Partners Management Co 1.23% of their portfolio GREENWICH, CT 9,200,0009.2m $14.3m $14.3m 1.23% Reduced -1.0m -1,000,000
17 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,079,0009.1m $14.1m $14.1m 0.00% Reduced -500.0k -500,000
18 Portman Square Capital LLP 4.51% of their portfolio London, X0 8,650,0008.7m $13.4m $13.4m 4.51% Reduced -4.3m -4,300,000
19 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 7,212,0007.2m $11.2m $11.2m 0.01% Reduced -5.7m -5,724,000
20 M&G PLC 11.88% of their portfolio London, X0 7,162,0007.2m $2.0bn $2.0bn 11.88% Added +1.3m +1,292,000
21 ABSOLUTE INVESTMENT ADVISERS, LLC 1.57% of their portfolio ROSEMARY BEACH, FL 6,830,0006.8m $10.6m $10.6m 1.57% Unchanged
22 Ovata Capital Management Ltd 5.48% of their portfolio HONG KONG, K3 6,500,0006.5m $10.1m $10.1m 5.48% Unchanged
23 FMR LLC 0.00% of their portfolio BOSTON, MA 5,606,0005.6m $8.7m $8.7m 0.00% Reduced -444.0k -444,000
24 Warberg Asset Management LLC 2.17% of their portfolio WINNETKA, IL 5,258,0005.3m $8.2m $8.2m 2.17% Added +1.3m +1,335,000
25 Aequim Alternative Investments LP 0.28% of their portfolio MILL VALLEY, CA 5,000,0005.0m $7.8m $7.8m 0.28% New
26 Flow State Investments, L.P. 2.45% of their portfolio CHICAGO, IL 5,000,0005.0m $7.8m $7.8m 2.45% Reduced -1.0m -1,000,000
27 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,500,0004.5m $7.0m $7.0m 0.00% Added +4.3m +4,280,000
28 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 4,185,0004.2m $6.4m $6.4m 0.00% Reduced -3.3m -3,330,000
29 BlackRock Inc. 0.00% of their portfolio New York, NY 4,100,0004.1m $6.3m $6.3m 0.00% Added +200.0k +200,000
30 ARISTEIA CAPITAL, L.L.C. 0.23% of their portfolio GREENWICH, CT 4,000,0004.0m $6.2m $6.2m 0.23% New
31 SHENKMAN CAPITAL MANAGEMENT INC 0.48% of their portfolio NEW YORK, NY 3,511,0003.5m $5.6m $5.6m 0.48% Reduced -45.0k -45,000
32 BlueCrest Capital Management Ltd 0.88% of their portfolio ST HELIER, Y9 3,250,0003.2m $5.0m $5.0m 0.88% Reduced -3.2m -3,250,000
33 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,131,0003.1m $4.8m $4.8m 0.00% Added +8.0k +8,000
34 SSI INVESTMENT MANAGEMENT LLC 0.33% of their portfolio Los Angeles, CA 2,817,0002.8m $4.4m $4.4m 0.33% Added +49.0k +49,000
35 Kohlberg Kravis Roberts & Co. L.P. 0.12% of their portfolio NEW YORK, NY 2,500,0002.5m $3.9m $3.9m 0.12% Reduced -2.5m -2,500,000
36 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,254,0002.3m $3.5m $3.5m 0.00% Reduced -4.5m -4,508,000
37 WESTWOOD HOLDINGS GROUP INC 1.44% of their portfolio DALLAS, TX 2,000,0002.0m $309.2m $309.2m 1.44% Unchanged
38 Polar Capital Holdings Plc 0.02% of their portfolio London, X0 2,000,0002.0m $3.1m $3.1m 0.02% Reduced -1.5m -1,500,000
39 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,992,0002.0m $3.1m $3.1m 0.00% Added +1.1m +1,150,000
40 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 1,883,0001.9m $2.9m $2.9m 0.00% Reduced -323.0k -323,000
41 Periscope Capital Inc. 0.99% of their portfolio Toronto, A6 1,750,0001.8m $2.7m $2.7m 0.99% Added +250.0k +250,000
42 GABELLI FUNDS LLC 0.02% of their portfolio Rye, NY 1,300,0001.3m $2.0m $2.0m 0.02% Reduced -2.8m -2,800,000
43 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,274,0001.3m $2.0m $2.0m 0.00% Reduced -53.0k -53,000
44 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 1,000,0001.0m $1.5m $1.5m 0.00% Reduced -3.0m -2,994,000
45 BOOTHBAY FUND MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 792,000792.0k $1.2m $1.2m 0.04% Reduced -432.0k -432,000
46 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 450,000450.0k $691.8k $691.8k 0.00% Reduced -150.0k -150,000
47 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 390,000390.0k $603.0k $603.0k 0.00% New
48 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 365,000365.0k $563.9k $563.9k 0.00% Added +71.0k +71,000
49 PALISADE CAPITAL MANAGEMENT, LP 0.01% of their portfolio FORT LEE, NJ 266,000266.0k $412.0k $412.0k 0.01% Unchanged
50 Central Pacific Bank - Trust Division 0.03% of their portfolio HONOLULU, HI 149,000149.0k $230.4k $230.4k 0.03% Unchanged
51 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 125,000125.0k $193.9k $193.9k 0.00% Unchanged
52 NOMURA HOLDINGS INC 0.06% of their portfolio TOKYO, M0 79,55779.6k $9.3m $9.3m 0.06% Reduced -51.6k -51,620
53 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 54,00054.0k $83.5k $83.5k 0.00% Reduced -2.8m -2,781,000
54 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 51,00051.0k $78.8k $78.8k 0.00% Reduced -8.0k -8,000
55 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 31,00031.0k $47.9k $47.9k 0.00% Unchanged
56 Virtus Investment Advisers, LLC 0.04% of their portfolio HARTFORD, CT 28,00028.0k $43.3k $43.3k 0.04% Unchanged
57 Boussard & Gavaudan Investment Management LLP 2.10% of their portfolio London, X0 8,4118.4k $13.1m $13.1m 2.10% New
58 Alken Asset Management Ltd 0.03% of their portfolio LONDON, X0 1,4001.4k $2.2k $2.2k 0.03% Unchanged
59 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged