Vault-13

INTERDIGITAL INC IDCC 3.5 06.01.27

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

32 institutional holders -7 vs Q2 2025
324,506324.5k shares reported held*
$1.8bnreported value*
1 new 10 added 9 reduced 7 sold out net sold ≈ $148.2m (-62.8k 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 ≈ $5696.51.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q2 23: 46Q3 23: 53Q4 23: 54Q1 24: 57Q2 24: 59Q3 24: 52Q4 24: 44Q1 25: 39Q2 25: 39Q3 25: 3232Q2 23Q4 23Q2 24Q4 24Q2 25Q3 25
Numbers
QuarterHolders
Q2 202346
Q3 202353
Q4 202354
Q1 202457
Q2 202459
Q3 202452
Q4 202444
Q1 202539
Q2 202539
Q3 202532

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 23: 24 bought or addedQ4 23: 23 cut or sold outQ1 24: 29 bought or addedQ1 24: 24 cut or sold outQ1 24Q2 24: 17 bought or addedQ2 24: 30 cut or sold outQ3 24: 23 bought or addedQ3 24: 27 cut or sold outQ3 24Q4 24: 15 bought or addedQ4 24: 28 cut or sold outQ1 25: 15 bought or addedQ1 25: 16 cut or sold outQ1 25Q2 25: 10 bought or addedQ2 25: 14 cut or sold outQ3 25: 11 bought or addedQ3 25: 16 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20232423
Q1 20242924
Q2 20241730
Q3 20242327
Q4 20241528
Q1 20251516
Q2 20251014
Q3 20251116

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. Added +25,000,000+25.0m
Weiss Asset Management LP Added +20,000,000+20.0m
BNP PARIBAS FINANCIAL MARKETS Added +18,865,000+18.9m
LAZARD ASSET MANAGEMENT LLC Added +7,112,000+7.1m
VOYA INVESTMENT MANAGEMENT LLC Added +1,750,000+1.8m
STATE STREET CORP Added +729,000+729.0k
FMR LLC Added +702,000+702.0k
WELLS FARGO & COMPANY/MN Added +559,000+559.0k
Universal- Beteiligungs- und Servicegesellschaft mbH Added +450,000+450.0k
Jefferies Financial Group Inc. New +75,000+75.0k

Biggest sellers

Linden Advisors LP Sold out -43,457,000-43.5m
AQR Arbitrage LLC Reduced -40,242,000-40.2m
Opti Capital Management, LP Reduced -7,500,000-7.5m
JPMORGAN CHASE & CO Reduced -4,911,000-4.9m
Warberg Asset Management LLC Sold out -2,632,000-2.6m
BANK OF AMERICA CORP /DE/ Sold out -795,000-795.0k
ROYAL BANK OF CANADA Sold out -400,000-400.0k
MACQUARIE GROUP LTD Reduced -300,000-300.0k
JANE STREET GROUP, LLC Reduced -278,000-278.0k
AMERICAN CENTURY COMPANIES INC Sold out -236,000-236.0k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 4.72% of their portfolio NEW YORK, NY 80,000,00080.0m $359.3m $359.3m 4.72% Added +25.0m +25,000,000
2 Polar Asset Management Partners Inc. 5.58% of their portfolio TORONTO, A6 61,500,00061.5m $275.5m $275.5m 5.58% Unchanged
3 Weiss Asset Management LP 3.84% of their portfolio BOSTON, MA 60,062,00060.1m $268.9m $268.9m 3.84% Added +20.0m +20,000,000
4 Alberta Investment Management Corp 0.97% of their portfolio EDMONTON, A0 30,000,00030.0m $134.3m $134.3m 0.97% Unchanged
5 Hudson Bay Capital Management LP 0.75% of their portfolio STAMFORD, CT 27,500,00027.5m $123.1m $123.1m 0.75% Unchanged
6 Opti Capital Management, LP 6.86% of their portfolio New York, NY 24,500,00024.5m $109.7m $109.7m 6.86% Reduced -7.5m -7,500,000
7 CAPSTONE INVESTMENT ADVISORS, LLC 0.88% of their portfolio NEW YORK, NY 22,532,00022.5m $100.8m $100.8m 0.88% Unchanged
8 BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio PARIS, I0 21,312,00021.3m $96.9m $96.9m 0.08% Added +18.9m +18,865,000
9 Aequim Alternative Investments LP 1.99% of their portfolio MILL VALLEY, CA 20,000,00020.0m $89.5m $89.5m 1.99% Unchanged
10 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 17,423,00017.4m $779.5k $779.5k 0.00% Added +7.1m +7,112,000
11 Calamos Advisors LLC 0.18% of their portfolio NAPERVILLE, IL 10,043,00010.0m $45.0m $45.0m 0.18% Reduced -14.0k -14,000
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,522,0009.5m $42.7m $42.7m 0.00% Added +729.0k +729,000
13 VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio ATLANTA, GA 8,250,0008.2m $36.9m $36.9m 0.04% Added +1.8m +1,750,000
14 FMR LLC 0.00% of their portfolio BOSTON, MA 6,126,0006.1m $27.4m $27.4m 0.00% Added +702.0k +702,000
15 BlackRock, Inc. 0.00% of their portfolio New York, NY 4,475,0004.5m $20.0m $20.0m 0.00% Added +25.0k +25,000
16 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 4,112,0004.1m $18.4m $18.4m 0.03% Unchanged
17 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 3,841,0003.8m $17.2m $17.2m 0.03% Reduced -134.0k -134,000
18 SSI INVESTMENT MANAGEMENT LLC 0.53% of their portfolio Los Angeles, CA 1,749,0001.7m $7.8m $7.8m 0.53% Unchanged
19 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,189,0001.2m $5.3m $5.3m 0.00% Added +559.0k +559,000
20 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 525,000525.0k $2.3m $2.3m 0.00% Reduced -300.0k -300,000
21 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 525,000525.0k $2.4m $2.4m 0.00% Added +450.0k +450,000
22 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 284,000284.0k $1.3m $1.3m 0.00% Reduced -278.0k -278,000
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 225,000225.0k $1.0m $1.0m 0.00% Reduced -230.0k -230,000
24 NOMURA HOLDINGS INC 0.24% of their portfolio TOKYO, M0 153,354153.4k $52.9m $52.9m 0.24% Unchanged
25 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 150,000150.0k $670.8k $670.8k 0.00% Unchanged
26 Central Pacific Bank - Trust Division 0.05% of their portfolio HONOLULU, HI 101,000101.0k $451.6k $451.6k 0.05% Unchanged
27 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 75,00075.0k $335.5k $335.5k 0.00% New
28 AQR Arbitrage LLC 0.01% of their portfolio Greenwich, CT 60,00060.0k $268.4k $268.4k 0.01% Reduced -40.2m -40,242,000
29 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 19,49819.5k $6.7m $6.7m 0.01% Reduced -62.8k -62,766
30 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,0004.0k $17.9k $17.9k 0.00% Reduced -4.9m -4,911,000
31 Dundas Partners LLP 0.04% of their portfolio EDINBURGH, X0 1,6541.7k $571.0k $571.0k 0.04% Unchanged
32 Alken Asset Management Ltd 0.10% of their portfolio LONDON, X0 1,0501.1k $4.7k $4.7k 0.10% Unchanged