Vault-13

INTERDIGITAL INC IDCC 3.5 06.01.27

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

52 institutional holders -7 vs Q2 2024
23,769,22623.8m shares reported held*
$3.7bnreported value*
7 new 16 added 13 reduced 14 sold out net bought ≈ $444.8m (-5.3m 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 ≈ $157.73.

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q2 23: 46Q3 23: 53Q4 23: 54Q1 24: 57Q2 24: 59Q3 24: 5252Q2 23Q3 23Q4 23Q1 24Q2 24Q3 24
Numbers
QuarterHolders
Q2 202346
Q3 202353
Q4 202354
Q1 202457
Q2 202459
Q3 202452

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 24Q3 24: 23 bought or addedQ3 24: 27 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q3 20232711
Q4 20232423
Q1 20242924
Q2 20241730
Q3 20242327

Biggest buyers

M&G PLC Added +5,906,838,000+5.9bn
Hudson Bay Capital Management LP New +31,000,000+31.0m
Weiss Asset Management LP New +21,500,000+21.5m
Alberta Investment Management Corp Added +20,000,000+20.0m
AQR Arbitrage LLC Added +14,025,000+14.0m
Linden Advisors LP Added +11,785,000+11.8m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND New +10,000,000+10.0m
Man Group plc New +10,000,000+10.0m
Aequim Alternative Investments LP Added +10,000,000+10.0m
BlueCrest Capital Management Ltd Added +9,400,000+9.4m

Biggest sellers

CAMDEN ASSET MANAGEMENT L P /CA Sold out -64,683,000-64.7m
Shaolin Capital Management LLC Sold out -36,000,000-36.0m
III Capital Management Sold out -22,777,000-22.8m
JPMORGAN CHASE & CO Reduced -11,570,000-11.6m
Paloma Partners Management Co Sold out -9,200,000-9.2m
Portman Square Capital LLP Sold out -8,650,000-8.7m
Ovata Capital Management Ltd Sold out -6,500,000-6.5m
ZAZOVE ASSOCIATES LLC Reduced -5,700,000-5.7m
BNP PARIBAS FINANCIAL MARKETS Reduced -3,062,000-3.1m
Warberg Asset Management LLC Reduced -2,633,000-2.6m

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 M&G PLC 14.79% of their portfolio London, X0 5,914,000,0005.9bn $2.9bn $2.9bn 14.79% Added +5.9bn +5,906,838,000
2 Polar Asset Management Partners Inc. 2.33% of their portfolio TORONTO, A6 52,500,00052.5m $97.4m $97.4m 2.33% Added +2.5m +2,500,000
3 Hudson Bay Capital Management LP 0.40% of their portfolio STAMFORD, CT 31,000,00031.0m $57.5m $57.5m 0.40% New
4 STEELHEAD PARTNERS LLC 2.91% of their portfolio SEATTLE, WA 30,500,00030.5m $56.6m $56.6m 2.91% Unchanged
5 Alberta Investment Management Corp 0.48% of their portfolio EDMONTON, A0 30,000,00030.0m $56.0m $56.0m 0.48% Added +20.0m +20,000,000
6 AQR Arbitrage LLC 1.29% of their portfolio Greenwich, CT 29,910,00029.9m $55.5m $55.5m 1.29% Added +14.0m +14,025,000
7 Linden Advisors LP 0.40% of their portfolio New York, NY 25,457,00025.5m $47.3m $47.3m 0.40% Added +11.8m +11,785,000
8 Daiwa Securities Group Inc. 0.19% of their portfolio CHIYODA-KU,TOKYO, M0 22,000,00022.0m $40.8m $40.8m 0.19% Added +5.0m +5,000,000
9 Weiss Asset Management LP 1.02% of their portfolio BOSTON, MA 21,500,00021.5m $39.9m $39.9m 1.02% New
10 Thrivent Financial for Lutherans 0.05% of their portfolio Minneapolis, MN 15,265,00015.3m $28.3m $28.3m 0.05% Added +1.4m +1,375,000
11 Aequim Alternative Investments LP 0.98% of their portfolio MILL VALLEY, CA 15,000,00015.0m $27.8m $27.8m 0.98% Added +10.0m +10,000,000
12 BlueCrest Capital Management Ltd 5.38% of their portfolio ST HELIER, Y9 12,650,00012.7m $23.5m $23.5m 5.38% Added +9.4m +9,400,000
13 CAPSTONE INVESTMENT ADVISORS, LLC 0.44% of their portfolio NEW YORK, NY 12,500,00012.5m $23.2m $23.2m 0.44% Unchanged
14 TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio NEW YORK, NY 10,400,00010.4m $19.3m $19.3m 0.04% Reduced -2.1m -2,100,000
15 Calamos Advisors LLC 0.09% of their portfolio NAPERVILLE, IL 10,071,00010.1m $18.7m $18.7m 0.09% Reduced -42.0k -42,000
16 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 10,043,00010.0m $18.7m $18.7m 0.00% Added +964.0k +964,000
17 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.05% of their portfolio TORONTO, A6 10,000,00010.0m $18.6m $18.6m 0.05% New
18 Man Group plc 0.05% of their portfolio LONDON, X0 10,000,00010.0m $18.6m $18.6m 0.05% New
19 Opti Capital Management, LP 0.82% of their portfolio New York, NY 7,500,0007.5m $13.9m $13.9m 0.82% New
20 ABSOLUTE INVESTMENT ADVISERS, LLC 1.73% of their portfolio ROSEMARY BEACH, FL 6,830,0006.8m $12.7m $12.7m 1.73% Unchanged
21 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 5,600,0005.6m $10.4m $10.4m 0.00% Added +2.5m +2,469,000
22 FMR LLC 0.00% of their portfolio BOSTON, MA 5,496,0005.5m $10.2m $10.2m 0.00% Reduced -110.0k -110,000
23 Point72 Asset Management, L.P. 0.03% of their portfolio STAMFORD, CT 5,000,0005.0m $9.3m $9.3m 0.03% New
24 Flow State Investments, L.P. 4.10% of their portfolio CHICAGO, IL 5,000,0005.0m $9.3m $9.3m 4.10% Unchanged
25 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,600,0004.6m $8.5m $8.5m 0.00% Added +100.0k +100,000
26 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 4,185,0004.2m $7.5m $7.5m 0.00% Unchanged
27 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 4,150,0004.2m $7.7m $7.7m 0.01% Reduced -3.1m -3,062,000
28 ARISTEIA CAPITAL, L.L.C. 0.26% of their portfolio GREENWICH, CT 4,000,0004.0m $7.4m $7.4m 0.26% Unchanged
29 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,900,0003.9m $7.2m $7.2m 0.00% First filing
30 ZAZOVE ASSOCIATES LLC 0.69% of their portfolio INCLINE VILLAGE, NV 3,500,0003.5m $6.5m $6.5m 0.69% Reduced -5.7m -5,700,000
31 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,938,0002.9m $5.3m $5.3m 0.00% Reduced -11.6m -11,570,000
32 SSI INVESTMENT MANAGEMENT LLC 0.38% of their portfolio Los Angeles, CA 2,793,0002.8m $5.2m $5.2m 0.38% Reduced -24.0k -24,000
33 Warberg Asset Management LLC 1.34% of their portfolio WINNETKA, IL 2,625,0002.6m $4.9m $4.9m 1.34% Reduced -2.6m -2,633,000
34 Kohlberg Kravis Roberts & Co. L.P. 0.06% of their portfolio NEW YORK, NY 2,500,0002.5m $4.6m $4.6m 0.06% Unchanged
35 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,254,0002.3m $4.2m $4.2m 0.00% Unchanged
36 Periscope Capital Inc. 2.05% of their portfolio Toronto, A6 1,750,0001.8m $3.2m $3.2m 2.05% Unchanged
37 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 1,633,0001.6m $3.0m $3.0m 0.00% Reduced -250.0k -250,000
38 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,264,0001.3m $2.4m $2.4m 0.00% Reduced -10.0k -10,000
39 SHENKMAN CAPITAL MANAGEMENT INC 0.15% of their portfolio NEW YORK, NY 1,043,0001.0m $1.9m $1.9m 0.15% Reduced -2.5m -2,468,000
40 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 390,000390.0k $722.1k $722.1k 0.00% Unchanged
41 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 321,000321.0k $597.0k $597.0k 0.00% Reduced -44.0k -44,000
42 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 211,000211.0k $391.7k $391.7k 0.00% Added +86.0k +86,000
43 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $372.0k $372.0k 0.00% Reduced -250.0k -250,000
44 NOMURA HOLDINGS INC 0.21% of their portfolio TOKYO, M0 192,215192.2k $27.2m $27.2m 0.21% Added +112.7k +112,658
45 Central Pacific Bank - Trust Division 0.03% of their portfolio HONOLULU, HI 149,000149.0k $275.9k $275.9k 0.03% Unchanged
46 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 51,00051.0k $94.4k $94.4k 0.00% Unchanged
47 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 37,00037.0k $68.5k $68.5k 0.00% Added +6.0k +6,000
48 Virtus Investment Advisers, LLC 0.04% of their portfolio HARTFORD, CT 28,00028.0k $51.8k $51.8k 0.04% Unchanged
49 Boussard & Gavaudan Investment Management LLP 2.65% of their portfolio London, X0 15,41115.4k $29.0m $29.0m 2.65% Added +7.0k +7,000
50 Dundas Partners LLP 0.03% of their portfolio EDINBURGH, X0 2,6002.6k $368.2k $368.2k 0.03% New
51 Alken Asset Management Ltd 0.07% of their portfolio LONDON, X0 1,4001.4k $2.6k $2.6k 0.07% Unchanged
52 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged