Vault-13

IONIS PHARMACEUTICALS INC IONS 0.125 12.15.24

NOTE 0.125%12/1 · US DOMESTIC · CUSIP 462222AB6

47 institutional holders +2 vs Q3 2022
38,551,00038.6m shares reported held*
$472.6mreported value*
11 new 10 added 6 reduced 9 sold out net bought ≈ $10.5m (+9.1m 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 ($22.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.84.

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 45Q4 22: 4747Q3 22Q4 22
Numbers
QuarterHolders
Q3 202245
Q4 202247

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. Added +37,219,000+37.2m
Sonora Investment Management Group, LLC New +18,890,000+18.9m
DLD Asset Management, LP New +13,750,000+13.8m
CITADEL ADVISORS LLC Added +7,500,000+7.5m
BANK OF AMERICA CORP /DE/ New +6,750,000+6.8m
BOOTHBAY FUND MANAGEMENT, LLC New +5,527,000+5.5m
PALISADE CAPITAL MANAGEMENT, LP New +4,740,000+4.7m
BlackRock Inc. Added +3,980,000+4.0m
D. E. Shaw & Co., Inc. Added +2,000,000+2.0m
ROYAL BANK OF CANADA New +1,500,000+1.5m

Biggest sellers

AVIVA PLC Reduced -26,965,000-27.0m
Verition Fund Management LLC Reduced -23,139,000-23.1m
STEELHEAD PARTNERS LLC Reduced -15,453,000-15.5m
OAKTREE CAPITAL MANAGEMENT LP Reduced -7,610,000-7.6m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -6,204,000-6.2m
PALISADE CAPITAL MANAGEMENT, LP Sold out -4,740,000-4.7m
TORONTO DOMINION BANK Sold out -2,551,000-2.6m
CREDIT SUISSE AG/ Sold out -2,350,000-2.4m
CSS LLC/IL Sold out -2,250,000-2.2m
MORGAN STANLEY Sold out -1,547,000-1.5m

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 2.20% of their portfolio NEW YORK, NY 101,490,000101.5m $92.5m $92.5m 2.20% Added +37.2m +37,219,000
2 DeepCurrents Investment Group LLC 3.09% of their portfolio NEW YORK, NY 79,898,00079.9m $72.8m $72.8m 3.09% Added +1.0m +1,000,000
3 Opti Capital Management, LP 3.33% of their portfolio New York, NY 42,313,00042.3m $38.6m $38.6m 3.33% Unchanged
4 D. E. Shaw & Co., Inc. 0.06% of their portfolio New York, NY 38,485,00038.5m $35.1m $35.1m 0.06% Added +2.0m +2,000,000
5 BRAIDWELL LP 1.12% of their portfolio STAMFORD, CT 36,533,00036.5m $33.4m $33.4m 1.12% First filing
6 AVIVA PLC 0.13% of their portfolio LONDON, X0 30,000,00030.0m $27.3m $27.3m 0.13% Reduced -27.0m -26,965,000
7 Verition Fund Management LLC 0.41% of their portfolio GREENWICH, CT 23,139,00023.1m $21.1m $21.1m 0.41% Reduced -23.1m -23,139,000
8 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 22,558,00022.6m $20.5m $20.5m 0.02% Added +7.5m +7,500,000
9 Sonora Investment Management Group, LLC 1.56% of their portfolio TUCSON, AZ 18,890,00018.9m $17.2m $17.2m 1.56% New
10 BlackRock Inc. 0.00% of their portfolio New York, NY 18,446,00018.4m $16.8m $16.8m 0.00% Added +4.0m +3,980,000
11 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 14,845,00014.8m $13.5m $13.5m 0.03% Reduced -1.0m -1,000,000
12 DLD Asset Management, LP 1.30% of their portfolio NEW YORK, NY 13,750,00013.8m $12.6m $12.6m 1.30% New
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 12,100,00012.1m $11.0m $11.0m 0.00% Added +500.0k +500,000
14 OAKTREE CAPITAL MANAGEMENT LP 0.11% of their portfolio LOS ANGELES, CA 11,490,00011.5m $10.5m $10.5m 0.11% Reduced -7.6m -7,610,000
15 Calamos Advisors LLC 0.05% of their portfolio NAPERVILLE, IL 11,243,00011.2m $10.2m $10.2m 0.05% Unchanged
16 ADVENT CAPITAL MANAGEMENT /DE/ 0.17% of their portfolio NEW YORK, NY 10,314,00010.3m $9.4m $9.4m 0.17% Reduced -6.2m -6,204,000
17 STEELHEAD PARTNERS LLC 0.63% of their portfolio SEATTLE, WA 9,547,0009.5m $8.7m $8.7m 0.63% Reduced -15.5m -15,453,000
18 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 8,000,0008.0m $7.3m $7.3m 0.01% Unchanged
19 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 6,750,0006.8m $6.1m $6.1m 0.00% New
20 BOOTHBAY FUND MANAGEMENT, LLC 0.15% of their portfolio NEW YORK, NY 5,527,0005.5m $5.0m $5.0m 0.15% New
21 PALISADE CAPITAL MANAGEMENT, LP 0.12% of their portfolio FORT LEE, NJ 4,740,0004.7m $4.3m $4.3m 0.12% New
22 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 4,501,0004.5m $4.1m $4.1m 0.00% Unchanged
23 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 2,500,0002.5m $2.3m $2.3m 0.00% Added +500.0k +500,000
24 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 2,471,0002.5m $2.2m $2.2m 0.01% Unchanged
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,993,0002.0m $1.8m $1.8m 0.00% Added +498.0k +498,000
26 CAMDEN ASSET MANAGEMENT L P /CA 0.05% of their portfolio Los Angeles, CA 1,850,0001.9m $1.7m $1.7m 0.05% Unchanged
27 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,500,0001.5m $1.4m $1.4m 0.00% New
28 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,314,0001.3m $1.2m $1.2m 0.00% Added +6.0k +6,000
29 Worth Venture Partners, LLC 0.69% of their portfolio FORT LEE, NJ 1,278,0001.3m $1.2m $1.2m 0.69% New
30 Penn Mutual Asset Management 1.27% of their portfolio Conshohocken, PA 1,256,0001.3m $1.1m $1.1m 1.27% Unchanged
31 Kohlberg Kravis Roberts & Co. L.P. 0.03% of their portfolio NEW YORK, NY 820,000820.0k $748.7k $748.7k 0.03% New
32 Man Group plc 0.00% of their portfolio LONDON, X0 550,000550.0k $499.8k $499.8k 0.00% Unchanged
33 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 500,000500.0k $454.2k $454.2k 0.00% Unchanged
34 Amundi 0.00% of their portfolio Paris, I0 500,000500.0k $458.8k $458.8k 0.00% Unchanged
35 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 350,000350.0k $314.7k $314.7k 0.00% Unchanged
36 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $272.6k $272.6k 0.00% Unchanged
37 KBC Group NV 0.00% of their portfolio Brussels, C9 300,000300.0k $273.0k $273.0k 0.00% New
38 PINNACLE ASSOCIATES LTD 0.01% of their portfolio NEW YORK, NY 280,000280.0k $254.4k $254.4k 0.01% Unchanged
39 MacKay Shields LLC 0.00% of their portfolio New York, NY 198,000198.0k $180.8k $180.8k 0.00% Unchanged
40 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 198,000198.0k $179.9k $179.9k 0.00% Unchanged
41 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 99,00099.0k $90.1k $90.1k 0.00% New
42 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 22,00022.0k $20.0k $20.0k 0.00% Unchanged
43 Oaktree Fund Advisors, LLC 0.03% of their portfolio LOS ANGLES, CA 21,00021.0k $19.2k $19.2k 0.03% Added +4.0k +4,000
44 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 20,00020.0k $18.2k $18.2k 0.00% Unchanged
45 Mariner, LLC 0.00% of their portfolio Overland Park, KS 15,00015.0k $14.0k $14.0k 0.00% New
46 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 4,2504.2k $388.0k $388.0k 0.01% Unchanged
47 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged