Vault-13

LI AUTO INC LI 0.25 05.01.28

NOTE 0.250% 5/0 · GLOBAL · CUSIP 50202MAB8

39 institutional holders +0 vs Q1 2023
6,137,7306.1m shares reported held*
$948.9mreported value*
6 new 9 added 14 reduced 6 sold out net sold ≈ $32.2m (-5.0m 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 ($2.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $154.96. Options: 0 managers hold calls (— notional), 1 hold puts ($2.8m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 38Q4 22: 37Q1 23: 39Q2 23: 3939Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202238
Q4 202237
Q1 202339
Q2 202339

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 21 bought or addedQ4 22: 15 cut or sold outQ4 22Q1 23: 16 bought or addedQ1 23: 11 cut or sold outQ1 23Q2 23: 15 bought or addedQ2 23: 20 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222115
Q1 20231611
Q2 20231520

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3mQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $2.8mQ2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$0$2.8m—

Biggest buyers

MILLENNIUM MANAGEMENT LLC New +100,800,000+100.8m
DeepCurrents Investment Group LLC New +5,000,000+5.0m
Jefferies Financial Group Inc. Added +4,896,000+4.9m
Walleye Capital LLC New +4,000,000+4.0m
Fore Capital, LLC Added +3,000,000+3.0m
AVIVA PLC New +2,500,000+2.5m
Skaana Management L.P. New +2,390,000+2.4m
STATE STREET CORP Added +2,150,000+2.1m
Lombard Odier Asset Management (Europe) Ltd Added +2,000,000+2.0m
D. E. Shaw & Co., Inc. Added +1,500,000+1.5m

Biggest sellers

Linden Advisors LP Reduced -80,500,000-80.5m
Weiss Asset Management LP Reduced -19,871,000-19.9m
LAZARD ASSET MANAGEMENT LLC Reduced -18,355,000-18.4m
CITADEL ADVISORS LLC Sold out -16,432,000-16.4m
Ovata Capital Management Ltd Sold out -3,000,000-3.0m
ROYAL BANK OF CANADA Reduced -2,027,000-2.0m
Brevan Howard Capital Management LP Sold out -2,000,000-2.0m
JANE STREET GROUP, LLC Sold out -2,000,000-2.0m
SCHRODER INVESTMENT MANAGEMENT GROUP Reduced -1,891,000-1.9m
JPMORGAN CHASE & CO Reduced -1,282,000-1.3m

Biggest calls

None

Biggest puts

DEUTSCHE BANK AG\ New $2.8m2.1m shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 2.37% of their portfolio New York, NY 163,963,000164.0m $225.4m $225.4m 2.37% Reduced -80.5m -80,500,000
2 MILLENNIUM MANAGEMENT LLC 0.15% of their portfolio NEW YORK, NY 100,800,000100.8m $139.4m $139.4m 0.15% New
3 WOLVERINE ASSET MANAGEMENT LLC 2.28% of their portfolio CHICAGO, IL 87,844,00087.8m $121.0m $121.0m 2.28% Reduced -1.0m -1,000,000
4 LAZARD ASSET MANAGEMENT LLC 0.09% of their portfolio NEW YORK, NY 55,734,00055.7m $76.2m $76.2m 0.09% Reduced -18.4m -18,355,000
5 Weiss Asset Management LP 6.58% of their portfolio BOSTON, MA 37,524,00037.5m $51.8m $51.8m 6.58% Reduced -19.9m -19,871,000
6 D. E. Shaw & Co., Inc. 0.07% of their portfolio New York, NY 32,725,00032.7m $45.1m $45.1m 0.07% Added +1.5m +1,500,000
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 19,383,00019.4m $26.8m $26.8m 0.00% Added +2.1m +2,150,000
8 CAPSTONE INVESTMENT ADVISORS, LLC 0.60% of their portfolio NEW YORK, NY 15,000,00015.0m $20.5m $20.5m 0.60% Unchanged
9 Jefferies Financial Group Inc. 0.44% of their portfolio NEW YORK, NY 14,843,00014.8m $20.5m $20.5m 0.44% Added +4.9m +4,896,000
10 LMR Partners LLP 0.41% of their portfolio LONDON, X0 13,000,00013.0m $18.0m $18.0m 0.41% Reduced -1.0m -1,000,000
11 Calamos Advisors LLC 0.08% of their portfolio NAPERVILLE, IL 11,138,00011.1m $15.4m $15.4m 0.08% Added +428.0k +428,000
12 Fore Capital, LLC 19.60% of their portfolio New York, NY 8,000,0008.0m $10.9m $10.9m 19.60% Added +3.0m +3,000,000
13 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 7,750,0007.8m $10.6m $10.6m 0.02% Unchanged
14 WT Asset Management Ltd 3.21% of their portfolio HONG KONG, K3 7,624,0007.6m $10.5m $10.5m 3.21% Unchanged
15 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 7,273,0007.3m $10.0m $10.0m 0.00% Reduced -2.0m -2,027,000
16 AXA S.A. 0.03% of their portfolio PARIS, I0 7,000,0007.0m $9.7m $9.7m 0.03% Reduced -1.1m -1,100,000
17 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 5,928,0005.9m $8.3m $8.3m 0.01% Reduced -1.9m -1,891,000
18 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio Paris, I0 5,524,0005.5m $7.5m $7.5m 0.02% Unchanged
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,065,0005.1m $6.9m $6.9m 0.00% Added +445.0k +445,000
20 DeepCurrents Investment Group LLC 0.30% of their portfolio NEW YORK, NY 5,000,0005.0m $6.9m $6.9m 0.30% New
21 Man Group plc 0.02% of their portfolio LONDON, X0 4,630,0004.6m $6.4m $6.4m 0.02% Reduced -770.0k -770,000
22 Amundi 0.00% of their portfolio Paris, I0 4,500,0004.5m $6.4m $6.4m 0.00% Unchanged
23 Walleye Capital LLC 0.10% of their portfolio NEW YORK, NY 4,000,0004.0m $5.5m $5.5m 0.10% New
24 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 3,875,0003.9m $4.3m $4.3m 0.00% Reduced -600.0k -600,000
25 RWC Asset Management LLP 0.24% of their portfolio LONDON, X0 3,600,0003.6m $5.0m $5.0m 0.24% Reduced -1.0m -1,000,000
26 Lombard Odier Asset Management (Europe) Ltd 0.23% of their portfolio LONDON, X0 3,500,0003.5m $4.8m $4.8m 0.23% Added +2.0m +2,000,000
27 AVIVA PLC 0.01% of their portfolio LONDON, X0 2,500,0002.5m $3.5m $3.5m 0.01% New
28 Skaana Management L.P. 0.96% of their portfolio BROOKLYN, NY 2,390,0002.4m $3.3m $3.3m 0.96% New
29 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,628,0001.6m $2.2m $2.2m 0.00% Reduced -1.3m -1,282,000
30 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,300,0001.3m $1.8m $1.8m 0.00% Added +771.0k +771,000
31 Polar Capital Holdings Plc 0.00% of their portfolio London, X0 500,000500.0k $684.0k $684.0k 0.00% Unchanged
32 ABN AMRO INVESTMENT SOLUTIONS 0.01% of their portfolio PARIS CEDEX 008, I0 500,000500.0k $684.0k $684.0k 0.01% Unchanged
33 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 414,000414.0k $572.1k $572.1k 0.00% Reduced -11.0k -11,000
34 KBC Group NV 0.00% of their portfolio Brussels, C9 200,000200.0k $276.0k $276.0k 0.00% Reduced -100.0k -100,000
35 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 97,73097.7k $3.4m $3.4m 0.01% New
36 Verition Fund Management LLC 0.59% of their portfolio GREENWICH, CT 27,59927.6k $37.8m $37.8m 0.59% Added +10.6k +10,599
37 AM Squared Ltd 25.21% of their portfolio HONG KONG, K3 16,00016.0k $22.1m $22.1m 25.21% Unchanged
38 Candriam S.C.A. 0.01% of their portfolio STRASSEN, N4 700700 $964.0k $964.0k 0.01% Unchanged
39 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged