Vault-13

NRG ENERGY INC NRG 2.75 06.01.48

DBCV 2.750% 6/0 · US DOMESTIC · CUSIP 629377CG5

60 institutional holders +4 vs Q1 2023
62,051,42962.1m shares reported held*
$597.9mreported value*
13 new 18 added 14 reduced 10 sold out net sold ≈ $6.1m (-2.4m 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 ≈ $9.64.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 48Q4 22: 50Q1 23: 56Q2 23: 6060Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202248
Q4 202250
Q1 202356
Q2 202360

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 19 bought or addedQ4 22: 22 cut or sold outQ4 22Q1 23: 29 bought or addedQ1 23: 19 cut or sold outQ1 23Q2 23: 31 bought or addedQ2 23: 24 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221922
Q1 20232919
Q2 20233124

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ3 22 calls: $459.2kQ3 22 puts: $16.4mQ3 22P/C 35.74Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$459.2k$16.4m35.74
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$0$0—

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +24,582,000+24.6m
Sculptor Capital LP Added +21,000,000+21.0m
VICTORY CAPITAL MANAGEMENT INC Added +20,108,000+20.1m
CITADEL ADVISORS LLC New +10,000,000+10.0m
Man Group plc Added +5,370,000+5.4m
BANK OF MONTREAL /CAN/ New +4,800,000+4.8m
Invesco Ltd. Added +4,498,000+4.5m
JPMORGAN CHASE & CO Added +3,988,000+4.0m
OAKTREE CAPITAL MANAGEMENT LP Added +2,730,000+2.7m
Thrivent Financial for Lutherans Added +2,620,000+2.6m

Biggest sellers

CAMDEN ASSET MANAGEMENT L P /CA Reduced -44,186,000-44.2m
Magnetar Financial LLC Sold out -19,518,000-19.5m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -11,845,000-11.8m
M&G INVESTMENT MANAGEMENT LTD Sold out -8,647,000-8.6m
Point72 Asset Management, L.P. Reduced -8,000,000-8.0m
Wellesley Asset Management Sold out -5,444,712-5.4m
SHENKMAN CAPITAL MANAGEMENT INC Reduced -3,972,000-4.0m
FMR LLC Reduced -3,369,000-3.4m
Kohlberg Kravis Roberts & Co. L.P. Reduced -2,000,000-2.0m
GOLDMAN SACHS GROUP INC Reduced -1,800,000-1.8m

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MacKay Shields LLC 1.86% of their portfolio New York, NY 62,878,00062.9m $66.6m $66.6m 1.86% Reduced -267.0k -267,000
2 TWO SIGMA INVESTMENTS, LP 0.14% of their portfolio NEW YORK, NY 51,103,00051.1m $53.9m $53.9m 0.14% Unchanged
3 CAMDEN ASSET MANAGEMENT L P /CA 1.85% of their portfolio Los Angeles, CA 50,582,00050.6m $53.4m $53.4m 1.85% Reduced -44.2m -44,186,000
4 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 44,483,00044.5m $47.0m $47.0m 0.01% Reduced -1.8m -1,800,000
5 ZAZOVE ASSOCIATES LLC 3.79% of their portfolio INCLINE VILLAGE, NV 39,316,00039.3m $41.6m $41.6m 3.79% Reduced -320.0k -320,000
6 VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio San Antonio, TX 33,419,00033.4m $35.3m $35.3m 0.04% Added +20.1m +20,108,000
7 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 30,569,00030.6m $32.3m $32.3m 0.00% Added +24.6m +24,582,000
8 Sculptor Capital LP 0.78% of their portfolio New York, NY 28,008,00028.0m $29.6m $29.6m 0.78% Added +21.0m +21,000,000
9 BlackRock Inc. 0.00% of their portfolio New York, NY 21,447,00021.4m $22.6m $22.6m 0.00% Reduced -200.0k -200,000
10 Thrivent Financial for Lutherans 0.05% of their portfolio Minneapolis, MN 21,320,00021.3m $22.5m $22.5m 0.05% Added +2.6m +2,620,000
11 ADVENT CAPITAL MANAGEMENT /DE/ 0.39% of their portfolio NEW YORK, NY 18,261,00018.3m $19.4m $19.4m 0.39% Reduced -11.8m -11,845,000
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 15,035,00015.0m $15.9m $15.9m 0.00% Added +1.9m +1,950,000
13 FMR LLC 0.00% of their portfolio BOSTON, MA 13,369,00013.4m $14.1m $14.1m 0.00% Reduced -3.4m -3,369,000
14 SHENKMAN CAPITAL MANAGEMENT INC 1.06% of their portfolio NEW YORK, NY 12,762,00012.8m $13.6m $13.6m 1.06% Reduced -4.0m -3,972,000
15 TENOR CAPITAL MANAGEMENT Co., L.P. 0.23% of their portfolio NEW YORK, NY 10,150,00010.2m $10.8m $10.8m 0.23% Unchanged
16 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 10,000,00010.0m $10.6m $10.6m 0.01% New
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,429,0009.4m $10.0m $10.0m 0.00% Added +824.0k +824,000
18 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 6,902,0006.9m $7.3m $7.3m 0.01% Added +161.0k +161,000
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 6,684,0006.7m $7.1m $7.1m 0.00% Added +4.0m +3,988,000
20 RWC Asset Management LLP 0.33% of their portfolio LONDON, X0 6,500,0006.5m $6.9m $6.9m 0.33% Added +2.5m +2,500,000
21 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 6,006,0006.0m $6.3m $6.3m 0.00% Reduced -855.0k -855,000
22 Kohlberg Kravis Roberts & Co. L.P. 0.20% of their portfolio NEW YORK, NY 6,000,0006.0m $6.3m $6.3m 0.20% Reduced -2.0m -2,000,000
23 Man Group plc 0.02% of their portfolio LONDON, X0 5,400,0005.4m $5.7m $5.7m 0.02% Added +5.4m +5,370,000
24 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 5,198,0005.2m $5.5m $5.5m 0.00% Added +4.5m +4,498,000
25 Calamos Advisors LLC 0.03% of their portfolio NAPERVILLE, IL 5,000,0005.0m $5.3m $5.3m 0.03% Unchanged
26 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 4,800,0004.8m $5.1m $5.1m 0.00% New
27 OAKTREE CAPITAL MANAGEMENT LP 0.06% of their portfolio LOS ANGELES, CA 4,360,0004.4m $4.6m $4.6m 0.06% Added +2.7m +2,730,000
28 Ameritas Investment Partners, Inc. 0.15% of their portfolio LINCOLN, NE 3,860,0003.9m $4.1m $4.1m 0.15% Unchanged
29 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 3,532,0003.5m $3.7m $3.7m 0.00% Unchanged
30 PALISADE CAPITAL MANAGEMENT, LP 0.07% of their portfolio FORT LEE, NJ 2,656,0002.7m $2.8m $2.8m 0.07% Reduced -1.2m -1,151,000
31 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 2,500,0002.5m $2.6m $2.6m 0.01% Reduced -8.0m -8,000,000
32 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 2,500,0002.5m $2.6m $2.6m 0.00% Unchanged
33 Cutler Capital Management, LLC 1.10% of their portfolio WORCESTER, MA 2,225,0002.2m $2.3m $2.3m 1.10% Unchanged
34 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 2,218,0002.2m $2.3m $2.3m 0.00% Reduced -1.2m -1,194,000
35 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,046,0002.0m $2.2m $2.2m 0.00% Added +35.0k +35,000
36 SSI INVESTMENT MANAGEMENT LLC 0.15% of their portfolio Los Angeles, CA 2,000,0002.0m $2.1m $2.1m 0.15% Added +500.0k +500,000
37 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 2,000,0002.0m $2.1m $2.1m 0.00% Added +235.0k +235,000
38 Jefferies Financial Group Inc. 0.04% of their portfolio NEW YORK, NY 1,571,0001.6m $1.7m $1.7m 0.04% New
39 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 1,425,0001.4m $1.5m $1.5m 0.00% Reduced -1.0m -1,000,000
40 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 450,000450.0k $476.6k $476.6k 0.00% Unchanged
41 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 407,000407.0k $429.6k $429.6k 0.00% Unchanged
42 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 400,000400.0k $422.7k $422.7k 0.00% New
43 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 300,000300.0k $316.6k $316.6k 0.00% New
44 COMERICA BANK 0.00% of their portfolio DALLAS, TX 214,000214.0k $0 $0 0.00% First filing
45 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 141,000141.0k $148.8k $148.8k 0.00% Added +28.0k +28,000
46 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 134,000134.0k $142.1k $142.1k 0.00% Added +71.0k +71,000
47 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 55,00055.0k $58.1k $58.1k 0.00% New
48 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 53,00053.0k $55.9k $55.9k 0.00% Unchanged
49 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 43,00043.0k $45.4k $45.4k 0.00% Unchanged
50 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 43,00043.0k $45.0k $45.0k 0.00% Unchanged
51 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 38,00038.0k $40.0k $40.0k 0.01% Added +1.0k +1,000
52 Goldstein Advisors, LLC 0.01% of their portfolio Madison, WI 27,00027.0k $28.5k $28.5k 0.01% New
53 SG Americas Securities, LLC 0.02% of their portfolio NEW YORK, NY 23,60023.6k $2.5m $2.5m 0.02% New
54 Oaktree Fund Advisors, LLC 0.02% of their portfolio LOS ANGLES, CA 20,00020.0k $21.2k $21.2k 0.02% New
55 Iron Horse Wealth Management, LLC 0.01% of their portfolio JOHSTON, IA 16,00016.0k $16.9k $16.9k 0.01% Unchanged
56 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 6,5656.6k $245.5k $245.5k 0.00% New
57 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 5,0005.0k $527.8k $527.8k 0.00% New
58 LAFFER TENGLER INVESTMENTS, INC. 0.81% of their portfolio Scottsdale, AZ 2,8642.9k $3.0m $3.0m 0.81% New
59 Alken Asset Management Ltd 0.02% of their portfolio LONDON, X0 600600 $630 $630 0.02% New
60 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged