LIVANOVA PLC LIVN 2.5 03.15.29

NOTE 2.500% 3/1 · US DOMESTIC · CUSIP 53802LAB8

35 institutional holders +6 vs Q1 2026

25,664,00025.7m shares reported held*

$405.5mreported value*

13 new 3 added 11 reduced 7 sold out net sold ≈ $17.6m (+8.6m 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 ≈ $15.80.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

Numbers

Quarter	Holders
Q1 2025	29
Q2 2025	30
Q3 2025	30
Q4 2025	30
Q1 2026	29
Q2 2026	35

Buyers vs sellers

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

Bought or addedCut or sold out

Numbers

Quarter	Bought or added	Cut or sold out
Q2 2025	13	11
Q3 2025	13	12
Q4 2025	11	12
Q1 2026	11	15
Q2 2026	16	18

Biggest buyers

CITADEL ADVISORS LLC	New	+24,000,000+24.0m
Opti Capital Management, LP	New	+14,271,000+14.3m
CAPSTONE INVESTMENT ADVISORS, LLC	New	+13,809,000+13.8m
PICTON MAHONEY ASSET MANAGEMENT	New	+10,000,000+10.0m
BANK OF AMERICA CORP /DE/	New	+5,207,000+5.2m
Wellesley Asset Management	Added	+3,543,000+3.5m
BNP PARIBAS ASSET MANAGEMENT Holding S.A.	New	+1,400,000+1.4m
LORD, ABBETT & CO. LLC	New	+1,185,000+1.2m
READYSTATE ASSET MANAGEMENT LP	Added	+1,000,000+1.0m
Invesco Ltd.	New	+1,000,000+1.0m

Biggest sellers

WOLVERINE ASSET MANAGEMENT LLC	Reduced	-18,582,000-18.6m
Linden Advisors LP	Reduced	-18,500,000-18.5m
CAMDEN ASSET MANAGEMENT L P /CA	Sold out	-10,000,000-10.0m
BNP PARIBAS FINANCIAL MARKETS	Reduced	-9,916,000-9.9m
Verition Fund Management LLC	Sold out	-7,500,000-7.5m
Walleye Capital LLC	Sold out	-7,000,000-7.0m
CITIGROUP INC	Sold out	-6,681,000-6.7m
LAZARD ASSET MANAGEMENT LLC	Reduced	-5,084,000-5.1m
ROYAL BANK OF CANADA	Reduced	-2,520,000-2.5m
AMERIPRISE FINANCIAL INC	Reduced	-2,500,000-2.5m

Holders, Q2 2026

#	Manager	Location	Shares	Value	% of their portfolio	Change	Shares change
1	Linden Advisors LP 0.51% of their portfolio	New York, NY	72,515,00072.5m $98.6m	$98.6m	0.51%	Reduced -18.5m	-18,500,000
2	DEERFIELD MANAGEMENT COMPANY, L.P. 0.48% of their portfolio	New York, NY	34,280,00034.3m $46.5m	$46.5m	0.48%	Unchanged
3	Wellesley Asset Management 3.56% of their portfolio	PORTSMOUTH, NH	31,146,00031.1m $39.0m	$39.0m	3.56%	Added +3.5m	+3,543,000
4	CITADEL ADVISORS LLC 0.02% of their portfolio	MIAMI, FL	24,000,00024.0m $32.6m	$32.6m	0.02%	New
5	TENOR CAPITAL MANAGEMENT Co., L.P. 0.39% of their portfolio	NEW YORK, NY	20,000,00020.0m $27.4m	$27.4m	0.39%	Unchanged
6	READYSTATE ASSET MANAGEMENT LP 1.05% of their portfolio	CHICAGO, IL	19,000,00019.0m $25.9m	$25.9m	1.05%	Added +1.0m	+1,000,000
7	Opti Capital Management, LP 1.19% of their portfolio	New York, NY	14,271,00014.3m $19.5m	$19.5m	1.19%	New
8	CAPSTONE INVESTMENT ADVISORS, LLC 0.13% of their portfolio	NEW YORK, NY	13,809,00013.8m $18.8m	$18.8m	0.13%	New
9	PICTON MAHONEY ASSET MANAGEMENT 0.13% of their portfolio	Toronto, A6	10,000,00010.0m $13.7m	$13.7m	0.13%	New
10	ABSOLUTE INVESTMENT ADVISERS, LLC 1.05% of their portfolio	ROSEMARY BEACH, FL	8,000,0008.0m $10.8m	$10.8m	1.05%	Unchanged
11	TPG GP A, LLC 0.20% of their portfolio	FORT WORTH, TX	7,500,0007.5m $10.2m	$10.2m	0.20%	Unchanged
12	AMERIPRISE FINANCIAL INC 0.00% of their portfolio	MINNEAPOLIS, MN	7,000,0007.0m $9.6m	$9.6m	0.00%	Reduced -2.5m	-2,500,000
13	BANK OF AMERICA CORP /DE/ 0.00% of their portfolio	CHARLOTTE, NC	5,207,0005.2m $7.1m	$7.1m	0.00%	New
14	FMR LLC 0.00% of their portfolio	BOSTON, MA	4,395,0004.4m $6.0m	$6.0m	0.00%	Reduced -15.0k	-15,000
15	WELLS FARGO & COMPANY/MN 0.00% of their portfolio	SAN FRANCISCO, CA	3,364,0003.4m $4.5m	$4.5m	0.00%	Reduced -2.4m	-2,449,000
16	BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio	PARIS, I0	2,756,0002.8m $3.7m	$3.7m	0.00%	Reduced -9.9m	-9,916,000
17	JPMORGAN CHASE & CO 0.00% of their portfolio	NEW YORK, NY	2,328,0002.3m $2.4m	$2.4m	0.00%	Reduced -987.0k	-987,000
18	WOLVERINE ASSET MANAGEMENT LLC 0.03% of their portfolio	CHICAGO, IL	1,815,0001.8m $2.5m	$2.5m	0.03%	Reduced -18.6m	-18,582,000
19	BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio	Paris, I0	1,400,0001.4m $1.9m	$1.9m	0.00%	New
20	LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio	NEW YORK, NY	1,356,0001.4m $18.5k	$18.5k	0.00%	Reduced -5.1m	-5,084,000
21	LORD, ABBETT & CO. LLC 0.00% of their portfolio	JERSEY CITY, NJ	1,185,0001.2m $1.6m	$1.6m	0.00%	New
22	Invesco Ltd. 0.00% of their portfolio	ATLANTA, GA	1,000,0001.0m $1.4m	$1.4m	0.00%	New
23	ROYAL BANK OF CANADA 0.00% of their portfolio	TORONTO, A6	606,000606.0k $817.0k	$817.0k	0.00%	Reduced -2.5m	-2,520,000
24	GOLDMAN SACHS GROUP INC 0.00% of their portfolio	NEW YORK, NY	500,000500.0k $678.8k	$678.8k	0.00%	Reduced -1.3m	-1,279,000
25	Mirabaud Asset Management (France) SAS 0.19% of their portfolio	PARIS, I0	310,000310.0k $425.0k	$425.0k	0.19%	New
26	MORGAN STANLEY 0.00% of their portfolio	NEW YORK, NY	302,000302.0k $410.0k	$410.0k	0.00%	Reduced -20.0k	-20,000
27	Kohlberg Kravis Roberts & Co. L.P. 0.01% of their portfolio	NEW YORK, NY	295,000295.0k $402.0k	$402.0k	0.01%	New
28	Virtus Fixed Income Advisers, LLC 0.14% of their portfolio	HARTFORD, CT	162,000162.0k $219.9k	$219.9k	0.14%	New
29	Jefferies Financial Group Inc. 0.00% of their portfolio	NEW YORK, NY	146,000146.0k $198.6k	$198.6k	0.00%	Added +132.0k	+132,000
30	Cetera Investment Advisers 0.00% of their portfolio	SCHAUMBURG, IL	141,000141.0k $191.4k	$191.4k	0.00%	Unchanged
31	SG Americas Securities, LLC 0.01% of their portfolio	NEW YORK, NY	134,000134.0k $18.3m	$18.3m	0.01%	New
32	Ares Systematic Credit Ltd 0.08% of their portfolio	LONDON, X0	100,000100.0k $136.3k	$136.3k	0.08%	New
33	VIRTUS ADVISERS, LLC 0.02% of their portfolio	HARTFORD, CT	37,00037.0k $50.2k	$50.2k	0.02%	Unchanged
34	RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio	ST. PETERSBURG, FL	32,00032.0k $43.4k	$43.4k	0.00%	Unchanged
35	CHOREO, LLC 0.00% of their portfolio	ROCKFORD, IL	23,00023.0k $31.4k	$31.4k	0.00%	Unchanged