Vault-13

NATIONAL VISION HLDGS INC EYE 2.5 05.15.25

NOTE 2.500% 5/1 · US DOMESTIC · CUSIP 63845RAB3

13 institutional holders -2 vs Q3 2024
49,00049.0k shares reported held*
$82.9mreported value*
0 new 4 added 6 reduced 2 sold out net sold ≈ $1.9m (-1.0k 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 ($147.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $1695.74.

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 37Q4 22: 34Q1 23: 44Q2 23: 38Q3 23: 34Q4 23: 31Q1 24: 25Q2 24: 20Q3 24: 15Q4 24: 1313Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 202237
Q4 202234
Q1 202344
Q2 202338
Q3 202334
Q4 202331
Q1 202425
Q2 202420
Q3 202415
Q4 202413

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 23: 31 bought or addedQ1 23: 18 cut or sold outQ2 23: 19 bought or addedQ2 23: 22 cut or sold outQ2 23Q3 23: 15 bought or addedQ3 23: 20 cut or sold outQ4 23: 8 bought or addedQ4 23: 17 cut or sold outQ4 23Q1 24: 11 bought or addedQ1 24: 14 cut or sold outQ2 24: 7 bought or addedQ2 24: 10 cut or sold outQ2 24Q3 24: 8 bought or addedQ3 24: 14 cut or sold outQ4 24: 4 bought or addedQ4 24: 8 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 20233118
Q2 20231922
Q3 20231520
Q4 2023817
Q1 20241114
Q2 2024710
Q3 2024814
Q4 202448

Biggest buyers

PIPER SANDLER & CO. Added +8,500,000+8.5m
CAPSTONE INVESTMENT ADVISORS, LLC Added +5,000,000+5.0m
ROYAL BANK OF CANADA Added +120,000+120.0k
Chicago Capital Management, LLC Added +2+2

Biggest sellers

CITIGROUP INC Reduced -7,497,000-7.5m
Shaolin Capital Management LLC Sold out -5,000,000-5.0m
Verition Fund Management LLC Sold out -1,718,000-1.7m
OAKTREE CAPITAL MANAGEMENT LP Reduced -633,000-633.0k
Russell Investments Group, Ltd. Reduced -367,000-367.0k
JPMORGAN CHASE & CO Reduced -221,000-221.0k
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -123,000-123.0k
Fox Hill Wealth Management Reduced -1,000-1.0k

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 0.49% of their portfolio NEW YORK, NY 35,089,00035.1m $34.7m $34.7m 0.49% Unchanged
2 CAPSTONE INVESTMENT ADVISORS, LLC 0.19% of their portfolio NEW YORK, NY 19,022,00019.0m $18.7m $18.7m 0.19% Added +5.0m +5,000,000
3 PIPER SANDLER & CO. 8.69% of their portfolio MINNEAPOLIS, MN 11,630,00011.6m $11.4m $11.4m 8.69% Added +8.5m +8,500,000
4 DeepCurrents Investment Group LLC 0.17% of their portfolio NEW YORK, NY 5,296,0005.3m $5.2m $5.2m 0.17% Unchanged
5 OAKTREE CAPITAL MANAGEMENT LP 0.08% of their portfolio LOS ANGELES, CA 4,132,0004.1m $4.1m $4.1m 0.08% Reduced -633.0k -633,000
6 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,620,0002.6m $2.6m $2.6m 0.00% Added +120.0k +120,000
7 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,608,0002.6m $2.6m $2.6m 0.00% Reduced -7.5m -7,497,000
8 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,868,0001.9m $1.8m $1.8m 0.00% Reduced -367.0k -367,000
9 ADVENT CAPITAL MANAGEMENT /DE/ 0.02% of their portfolio NEW YORK, NY 679,000679.0k $668.8k $668.8k 0.02% Reduced -123.0k -123,000
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 221,000221.0k $217.6k $217.6k 0.00% Reduced -221.0k -221,000
11 Fox Hill Wealth Management 0.03% of their portfolio DEDHAM, MA 49,00049.0k $47.9k $47.9k 0.03% Reduced -1.0k -1,000
12 Chicago Capital Management, LLC 0.67% of their portfolio CHICAGO, IL 1,1001.1k $1.1m $1.1m 0.67% Added +2 +2
13 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged