Vault-13

IRONWOOD PHARMACEUTICALS INC IRWD 1.5 06.15.26

NOTE 1.500% 6/1 · US DOMESTIC · CUSIP 46333XAH1

18 institutional holders -6 vs Q1 2023
3,794,5773.8m shares reported held*
$206.0mreported value*
1 new 6 added 1 reduced 7 sold out net sold ≈ $4.1m (-3.5m 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 ≈ $54.29.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 25Q4 22: 27Q1 23: 24Q2 23: 1818Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202225
Q4 202227
Q1 202324
Q2 202318

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 8 bought or addedQ4 22: 6 cut or sold outQ4 22Q1 23: 12 bought or addedQ1 23: 14 cut or sold outQ1 23Q2 23: 7 bought or addedQ2 23: 8 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202286
Q1 20231214
Q2 202378

Biggest buyers

CAPSTONE INVESTMENT ADVISORS, LLC Added +7,000,000+7.0m
CAMDEN ASSET MANAGEMENT L P /CA Added +4,823,000+4.8m
Wellesley Asset Management Added +3,336,737+3.3m
WOLVERINE ASSET MANAGEMENT LLC Added +2,400,000+2.4m
READYSTATE ASSET MANAGEMENT LP Added +2,000,000+2.0m
SHENKMAN CAPITAL MANAGEMENT INC Added +102,000+102.0k
Boussard & Gavaudan Investment Management LLP New +6,577+6.6k

Biggest sellers

CITADEL ADVISORS LLC Reduced -13,500,000-13.5m
TORONTO DOMINION BANK Sold out -3,500,000-3.5m
Jefferies Financial Group Inc. Sold out -2,747,000-2.7m
BANK OF MONTREAL /CAN/ Sold out -2,100,000-2.1m
AQR Arbitrage LLC Sold out -1,250,000-1.2m
BANK OF AMERICA CORP /DE/ Sold out -323,000-323.0k
GOLDMAN SACHS GROUP INC Sold out -200,000-200.0k
BARCLAYS PLC Sold out -20,000-20.0k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CAMDEN ASSET MANAGEMENT L P /CA 1.78% of their portfolio Los Angeles, CA 50,246,00050.2m $51.3m $51.3m 1.78% Added +4.8m +4,823,000
2 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 39,187,00039.2m $40.0m $40.0m 0.04% Reduced -13.5m -13,500,000
3 WOLVERINE ASSET MANAGEMENT LLC 0.75% of their portfolio CHICAGO, IL 39,174,00039.2m $40.0m $40.0m 0.75% Added +2.4m +2,400,000
4 CAPSTONE INVESTMENT ADVISORS, LLC 0.59% of their portfolio NEW YORK, NY 19,674,00019.7m $20.2m $20.2m 0.59% Added +7.0m +7,000,000
5 Wellesley Asset Management 1.26% of their portfolio PORTSMOUTH, NH 15,272,73715.3m $15.5m $15.5m 1.26% Added +3.3m +3,336,737
6 READYSTATE ASSET MANAGEMENT LP 1.47% of their portfolio CHICAGO, IL 14,500,00014.5m $14.9m $14.9m 1.47% Added +2.0m +2,000,000
7 Calamos Advisors LLC 0.05% of their portfolio NAPERVILLE, IL 9,500,0009.5m $9.7m $9.7m 0.05% Unchanged
8 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 3,750,0003.8m $3.9m $3.9m 0.01% Unchanged
9 SHENKMAN CAPITAL MANAGEMENT INC 0.24% of their portfolio NEW YORK, NY 3,037,0003.0m $3.1m $3.1m 0.24% Added +102.0k +102,000
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 274,000274.0k $278.8k $278.8k 0.00% Unchanged
11 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 246,000246.0k $251.1k $251.1k 0.00% Unchanged
12 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 181,000181.0k $192.0k $192.0k 0.00% Unchanged
13 Cetera Advisors LLC 0.00% of their portfolio DENVER, CO 32,00032.0k $32.7k $32.7k 0.00% Unchanged
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,0009.0k $9.1k $9.1k 0.00% Unchanged
15 Boussard & Gavaudan Investment Management LLP 0.65% of their portfolio London, X0 6,5776.6k $6.7m $6.7m 0.65% New
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 6,0006.0k $6.1k $6.1k 0.00% Unchanged
17 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,0001.0k $1.0k $1.0k 0.00% Unchanged
18 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged