Vault-13

NIO INC NIO 0.5 02.01.27

NOTE 0.500% 2/0 · GLOBAL · CUSIP 62914VAF3

40 institutional holders +4 vs Q1 2023
17,851,00017.9m shares reported held*
$595.2mreported value*
8 new 9 added 7 reduced 5 sold out net bought ≈ $68.2m (+10.9m 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 ≈ $33.34.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 42Q4 22: 42Q1 23: 36Q2 23: 4040Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202242
Q4 202242
Q1 202336
Q2 202340

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 20 bought or addedQ4 22: 16 cut or sold outQ4 22Q1 23: 16 bought or addedQ1 23: 16 cut or sold outQ1 23Q2 23: 17 bought or addedQ2 23: 12 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222016
Q1 20231616
Q2 20231712

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ3 22 calls: $0Q3 22 puts: $10.3mQ3 22P/C —Q4 22 calls: $0Q4 22 puts: $18.7mQ4 22P/C —Q1 23 calls: $0Q1 23 puts: $39.5mQ1 23P/C —Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$10.3m—
Q4 2022$0$18.7m—
Q1 2023$0$39.5m—
Q2 2023$0$0—

Biggest buyers

MILLENNIUM MANAGEMENT LLC New +40,690,000+40.7m
WOLVERINE ASSET MANAGEMENT LLC New +20,900,000+20.9m
Paloma Partners Management Co Added +13,667,000+13.7m
SMH CAPITAL ADVISORS INC New +12,966,000+13.0m
MARSHALL WACE, LLP Added +11,500,000+11.5m
Weiss Asset Management LP New +10,200,000+10.2m
Nuveen Asset Management, LLC New +5,500,000+5.5m
HIGHBRIDGE CAPITAL MANAGEMENT LLC Added +5,000,000+5.0m
D. E. Shaw & Co., Inc. Added +4,000,000+4.0m
Brevan Howard Capital Management LP New +3,000,000+3.0m

Biggest sellers

VR Advisory Services Ltd Sold out -27,650,000-27.6m
GOLDMAN SACHS GROUP INC Reduced -13,710,000-13.7m
Jefferies Financial Group Inc. Sold out -6,815,000-6.8m
WELLINGTON MANAGEMENT GROUP LLP Reduced -2,530,000-2.5m
JANE STREET GROUP, LLC Sold out -2,000,000-2.0m
CITIGROUP INC Reduced -1,347,000-1.3m
Pinpoint Asset Management Ltd Sold out -1,000,000-1.0m
Catalyst Capital Advisors LLC Reduced -525,000-525.0k
Bellecapital International Ltd. Reduced -149,000-149.0k
MILLENNIUM MANAGEMENT LLC Sold out -50,500-50.5k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LMR Partners LLP 1.42% of their portfolio LONDON, X0 74,300,00074.3m $62.2m $62.2m 1.42% Unchanged
2 D. E. Shaw & Co., Inc. 0.10% of their portfolio New York, NY 73,500,00073.5m $61.6m $61.6m 0.10% Added +4.0m +4,000,000
3 VOYA INVESTMENT MANAGEMENT LLC 0.06% of their portfolio ATLANTA, GA 70,775,00070.8m $59.1m $59.1m 0.06% Unchanged
4 Linden Advisors LP 0.61% of their portfolio New York, NY 69,188,00069.2m $57.6m $57.6m 0.61% Unchanged
5 MARSHALL WACE, LLP 0.10% of their portfolio LONDON, X0 57,000,00057.0m $47.7m $47.7m 0.10% Added +11.5m +11,500,000
6 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 40,690,00040.7m $34.1m $34.1m 0.04% New
7 Varde Management, L.P. 18.85% of their portfolio New York, NY 38,064,00038.1m $31.8m $31.8m 18.85% Unchanged
8 Paloma Partners Management Co 5.73% of their portfolio GREENWICH, CT 29,559,00029.6m $24.8m $24.8m 5.73% Added +13.7m +13,667,000
9 SOROS FUND MANAGEMENT LLC 0.46% of their portfolio NEW YORK, NY 25,330,00025.3m $21.2m $21.2m 0.46% Unchanged
10 Davidson Kempner Capital Management LP 0.44% of their portfolio New York, NY 25,026,00025.0m $20.8m $20.8m 0.44% Not comparable
11 WOLVERINE ASSET MANAGEMENT LLC 0.33% of their portfolio CHICAGO, IL 20,900,00020.9m $17.6m $17.6m 0.33% New
12 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.98% of their portfolio NEW YORK, NY 20,000,00020.0m $16.8m $16.8m 0.98% Added +5.0m +5,000,000
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 16,050,00016.1m $13.4m $13.4m 0.00% Added +850.0k +850,000
14 SMH CAPITAL ADVISORS INC 23.29% of their portfolio FORT WORTH, TX 12,966,00013.0m $10.8m $10.8m 23.29% New
15 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 12,769,00012.8m $10.6m $10.6m 0.00% Reduced -2.5m -2,530,000
16 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,570,00010.6m $8.9m $8.9m 0.00% Reduced -26.0k -26,000
17 Weiss Asset Management LP 1.08% of their portfolio BOSTON, MA 10,200,00010.2m $8.5m $8.5m 1.08% New
18 Calamos Advisors LLC 0.04% of their portfolio NAPERVILLE, IL 10,199,00010.2m $8.5m $8.5m 0.04% Unchanged
19 Fiera Capital Corp 0.02% of their portfolio MONTREAL, A8 9,299,9999.3m $7.8m $7.8m 0.02% Unchanged
20 CAPSTONE INVESTMENT ADVISORS, LLC 0.20% of their portfolio NEW YORK, NY 8,000,0008.0m $6.7m $6.7m 0.20% Unchanged
21 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 7,300,0007.3m $6.1m $6.1m 0.01% Unchanged
22 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 5,500,0005.5m $4.6m $4.6m 0.00% New
23 AGF MANAGEMENT LTD 0.03% of their portfolio TORONTO, A6 4,869,0004.9m $4.0m $4.0m 0.03% Added +1.5m +1,500,000
24 Ovata Capital Management Ltd 4.96% of their portfolio HONG KONG, K3 4,500,0004.5m $3.8m $3.8m 4.96% Added +1.5m +1,500,000
25 ONTARIO TEACHERS PENSION PLAN BOARD 0.03% of their portfolio Toronto, A6 3,500,0003.5m $2.9m $2.9m 0.03% Unchanged
26 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 3,250,0003.2m $2.7m $2.7m 0.00% Reduced -13.7m -13,710,000
27 Brevan Howard Capital Management LP 0.44% of their portfolio ST. HELIER, Y9 3,000,0003.0m $2.4m $2.4m 0.44% New
28 OAKTREE CAPITAL MANAGEMENT LP 0.03% of their portfolio LOS ANGELES, CA 2,789,0002.8m $2.3m $2.3m 0.03% New
29 FLOSSBACH VON STORCH SE 0.01% of their portfolio COLOGNE, 2M 2,300,0002.3m $1.9m $1.9m 0.01% New
30 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,385,0001.4m $1.2m $1.2m 0.00% Added +249.0k +249,000
31 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,228,0001.2m $1.0m $1.0m 0.00% Unchanged
32 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,000,0001.0m $830.0k $830.0k 0.00% Reduced -1.3m -1,347,000
33 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 759,000759.0k $637.0k $637.0k 0.00% Added +658.0k +658,000
34 Catalyst Capital Advisors LLC 0.01% of their portfolio San Juan, PR 350,000350.0k $292.2k $292.2k 0.01% Reduced -525.0k -525,000
35 Bellecapital International Ltd. 0.06% of their portfolio ZURICH, V8 293,000293.0k $245.3k $245.3k 0.06% Reduced -149.0k -149,000
36 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 225,000225.0k $186.8k $186.8k 0.00% Unchanged
37 Context Capital Management, LLC 1.83% of their portfolio LAJOLLA, CA 24,26024.3k $20.3m $20.3m 1.83% Reduced -7.0k -7,000
38 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 24,00024.0k $19.9k $19.9k 0.00% Unchanged
39 HPS Investment Partners, LLC 6.45% of their portfolio NEW YORK, NY 11,00011.0k $9.2m $9.2m 6.45% Unchanged
40 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged