Vault-13

NCL CORP LTD NCLH 2.5 02.15.27

NOTE 2.500% 2/1 · US DOMESTIC · CUSIP 62886HBK6

38 institutional holders +4 vs Q1 2023
28,351,00028.4m shares reported held*
$414.9mreported value*
13 new 11 added 11 reduced 9 sold out net sold ≈ $31.2m (+3.9m 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 ≈ $14.63.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

02040Q1 23: 34Q2 23: 3838Q1 23Q2 23
Numbers
QuarterHolders
Q1 202334
Q2 202338

Biggest buyers

MILLENNIUM MANAGEMENT LLC New +40,000,000+40.0m
LMR Partners LLP New +15,500,000+15.5m
WHITEBOX ADVISORS LLC New +12,000,000+12.0m
Point72 Asset Management, L.P. New +11,500,000+11.5m
SONA ASSET MANAGEMENT (US) LLC New +8,500,000+8.5m
TWO SIGMA INVESTMENTS, LP Added +5,500,000+5.5m
CI INVESTMENTS INC. Added +4,060,000+4.1m
MOORE CAPITAL MANAGEMENT, LP New +4,000,000+4.0m
VOYA INVESTMENT MANAGEMENT LLC Added +3,500,000+3.5m
ROYAL BANK OF CANADA New +2,500,000+2.5m

Biggest sellers

SOROS FUND MANAGEMENT LLC Sold out -59,750,000-59.8m
Nut Tree Capital Management, LP Sold out -39,000,000-39.0m
DeepCurrents Investment Group LLC Sold out -12,000,000-12.0m
Centiva Capital, LP Sold out -10,000,000-10.0m
CAMDEN ASSET MANAGEMENT L P /CA Reduced -7,650,000-7.7m
BANK OF MONTREAL /CAN/ Sold out -7,500,000-7.5m
FMR LLC Reduced -5,299,000-5.3m
AMERIPRISE FINANCIAL INC Reduced -3,500,000-3.5m
Anson Funds Management LP Sold out -3,000,000-3.0m
LAZARD ASSET MANAGEMENT LLC Reduced -1,754,000-1.8m

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TWO SIGMA INVESTMENTS, LP 0.20% of their portfolio NEW YORK, NY 80,421,00080.4m $76.0m $76.0m 0.20% Added +5.5m +5,500,000
2 VOYA INVESTMENT MANAGEMENT LLC 0.06% of their portfolio ATLANTA, GA 57,500,00057.5m $54.7m $54.7m 0.06% Added +3.5m +3,500,000
3 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 45,050,00045.0m $42.6m $42.6m 0.01% Reduced -3.5m -3,500,000
4 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 40,000,00040.0m $37.9m $37.9m 0.04% New
5 D. E. Shaw & Co., Inc. 0.05% of their portfolio New York, NY 32,500,00032.5m $30.7m $30.7m 0.05% Reduced -1.0m -1,000,000
6 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 20,000,00020.0m $19.0m $19.0m 0.02% Reduced -1.8m -1,754,000
7 CAMDEN ASSET MANAGEMENT L P /CA 0.51% of their portfolio Los Angeles, CA 15,665,00015.7m $14.8m $14.8m 0.51% Reduced -7.7m -7,650,000
8 LMR Partners LLP 0.33% of their portfolio LONDON, X0 15,500,00015.5m $14.7m $14.7m 0.33% New
9 CI INVESTMENTS INC. 0.06% of their portfolio TORONTO, Z4 12,932,00012.9m $12.4m $12.4m 0.06% Added +4.1m +4,060,000
10 WHITEBOX ADVISORS LLC 0.55% of their portfolio MINNEAPOLIS, MN 12,000,00012.0m $11.3m $11.3m 0.55% New
11 Point72 Asset Management, L.P. 0.04% of their portfolio STAMFORD, CT 11,500,00011.5m $10.9m $10.9m 0.04% New
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 10,375,00010.4m $9.9m $9.9m 0.00% Added +1.0m +1,000,000
13 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 10,169,00010.2m $9.6m $9.6m 0.01% Reduced -193.0k -193,000
14 Jefferies Financial Group Inc. 0.19% of their portfolio NEW YORK, NY 9,386,0009.4m $8.9m $8.9m 0.19% Added +1.0m +1,025,000
15 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 8,970,0009.0m $8.5m $8.5m 0.00% Added +450.0k +450,000
16 SONA ASSET MANAGEMENT (US) LLC 1.88% of their portfolio NEW YORK, NY 8,500,0008.5m $8.1m $8.1m 1.88% New
17 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 6,400,0006.4m $4.8m $4.8m 0.00% Unchanged
18 FMR LLC 0.00% of their portfolio BOSTON, MA 5,299,0005.3m $5.0m $5.0m 0.00% Reduced -5.3m -5,299,000
19 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 4,339,0004.3m $4.1m $4.1m 0.00% Added +2.0m +1,960,000
20 MOORE CAPITAL MANAGEMENT, LP 0.09% of their portfolio NEW YORK, NY 4,000,0004.0m $3.8m $3.8m 0.09% New
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,450,0003.5m $3.3m $3.3m 0.00% Added +1.0m +1,000,000
22 PALISADE CAPITAL MANAGEMENT, LP 0.07% of their portfolio FORT LEE, NJ 2,934,0002.9m $2.8m $2.8m 0.07% Reduced -646.0k -646,000
23 Ionic Capital Management LLC 1.11% of their portfolio NEW YORK, NY 2,900,0002.9m $2.7m $2.7m 1.11% Reduced -350.0k -350,000
24 BlackRock Inc. 0.00% of their portfolio New York, NY 2,750,0002.8m $2.6m $2.6m 0.00% Reduced -150.0k -150,000
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,500,0002.5m $2.3m $2.3m 0.00% Added +2.0m +2,000,000
26 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,500,0002.5m $2.4m $2.4m 0.00% New
27 EMG Holdings, L.P. 1.43% of their portfolio OLD GREENWICH, CT 2,500,0002.5m $2.4m $2.4m 1.43% New
28 CSS LLC/IL 0.15% of their portfolio CHICAGO, IL 2,000,0002.0m $1.9m $1.9m 0.15% New
29 ABSOLUTE INVESTMENT ADVISERS, LLC 0.17% of their portfolio ROSEMARY BEACH, FL 1,250,0001.2m $1.2m $1.2m 0.17% Unchanged
30 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,000,0001.0m $945.5k $945.5k 0.00% New
31 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 1,000,0001.0m $932.7k $932.7k 0.00% Reduced -110.0k -110,000
32 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 1,000,0001.0m $943.8k $943.8k 0.00% New
33 BlueCrest Capital Management Ltd 0.12% of their portfolio ST HELIER, Y9 1,000,0001.0m $945.7k $945.7k 0.12% Reduced -1.2m -1,225,000
34 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 991,000991.0k $937.0k $937.0k 0.00% Added +491.0k +491,000
35 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 634,000634.0k $600.1k $600.1k 0.00% New
36 BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 350,000350.0k $331.0k $331.0k 0.01% Unchanged
37 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 316,470316.5k $69.3k $69.3k 0.00% Added +76.2k +76,166
38 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% New