Vault-13

NEUROCRINE BIOSCIENCES INC NBIX 2.25 05.15.24

NOTE 2.250% 5/1 · US DOMESTIC · CUSIP 64125CAD1

36 institutional holders +3 vs Q3 2023
26,929,00026.9m shares reported held*
$314.6mreported value*
6 new 6 added 10 reduced 4 sold out net bought ≈ $11.1m (+479.0k 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 ($1.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.74.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 36Q4 22: 40Q1 23: 36Q2 23: 32Q3 23: 33Q4 23: 3636Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202236
Q4 202240
Q1 202336
Q2 202332
Q3 202333
Q4 202336

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 16 bought or addedQ4 22: 11 cut or sold outQ4 22Q1 23: 7 bought or addedQ1 23: 14 cut or sold outQ1 23Q2 23: 9 bought or addedQ2 23: 11 cut or sold outQ2 23Q3 23: 7 bought or addedQ3 23: 7 cut or sold outQ3 23Q4 23: 12 bought or addedQ4 23: 14 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221611
Q1 2023714
Q2 2023911
Q3 202377
Q4 20231214

Biggest buyers

LORD, ABBETT & CO. LLC Added +19,924,000+19.9m
SONA ASSET MANAGEMENT (US) LLC New +12,100,000+12.1m
VOYA INVESTMENT MANAGEMENT LLC New +3,000,000+3.0m
FMR LLC New +3,000,000+3.0m
TWO SIGMA INVESTMENTS, LP New +1,500,000+1.5m
CITIGROUP INC Added +870,000+870.0k
AGF MANAGEMENT LTD Added +500,000+500.0k
BARCLAYS PLC Added +87,000+87.0k
AMERICAN CENTURY COMPANIES INC Added +46,000+46.0k
Virtus Investment Advisers, LLC New +26,000+26.0k

Biggest sellers

SONA ASSET MANAGEMENT (US) LLC Sold out -17,500,000-17.5m
CSS LLC/IL Reduced -6,800,000-6.8m
LORD, ABBETT & CO. LLC Sold out -4,666,000-4.7m
Paloma Partners Management Co Reduced -2,278,000-2.3m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Reduced -1,500,000-1.5m
Warberg Asset Management LLC Sold out -1,271,000-1.3m
PUTNAM INVESTMENTS LLC Reduced -421,000-421.0k
Invesco Ltd. Reduced -100,000-100.0k
JPMORGAN CHASE & CO Reduced -51,000-51.0k
JANE STREET GROUP, LLC Reduced -46,000-46.0k

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FRANKLIN RESOURCES INC 0.04% of their portfolio San Mateo, CA 54,750,00054.8m $94.9m $94.9m 0.04% Unchanged
2 TENOR CAPITAL MANAGEMENT Co., L.P. 0.83% of their portfolio NEW YORK, NY 26,765,00026.8m $46.7m $46.7m 0.83% Unchanged
3 LORD, ABBETT & CO. LLC 0.08% of their portfolio JERSEY CITY, NJ 24,590,00024.6m $42.6m $42.6m 0.08% Added +19.9m +19,924,000
4 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 23,814,00023.8m $41.1m $41.1m 0.01% Reduced -100.0k -100,000
5 D. E. Shaw & Co., Inc. 0.04% of their portfolio New York, NY 14,351,00014.4m $24.9m $24.9m 0.04% Unchanged
6 SONA ASSET MANAGEMENT (US) LLC 1.94% of their portfolio NEW YORK, NY 12,100,00012.1m $21.0m $21.0m 1.94% New
7 CSS LLC/IL 1.20% of their portfolio CHICAGO, IL 8,859,0008.9m $15.4m $15.4m 1.20% Reduced -6.8m -6,800,000
8 FMR LLC 0.00% of their portfolio BOSTON, MA 3,000,0003.0m $5.2m $5.2m 0.00% New
9 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 3,000,0003.0m $5.2m $5.2m 0.01% New
10 SSI INVESTMENT MANAGEMENT LLC 0.30% of their portfolio Los Angeles, CA 2,279,0002.3m $3.9m $3.9m 0.30% Reduced -17.0k -17,000
11 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 1,600,0001.6m $2.8m $2.8m 0.01% Reduced -1.5m -1,500,000
12 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 1,500,0001.5m $2.6m $2.6m 0.01% New
13 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 1,200,0001.2m $2.1m $2.1m 0.01% Added +500.0k +500,000
14 Rock Springs Capital Management LP 0.04% of their portfolio Baltimore, MD 1,000,0001.0m $1.8m $1.8m 0.04% Unchanged
15 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 962,000962.0k $1.7m $1.7m 0.00% Added +870.0k +870,000
16 Paloma Partners Management Co 0.24% of their portfolio GREENWICH, CT 847,000847.0k $1.5m $1.5m 0.24% Reduced -2.3m -2,278,000
17 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 562,000562.0k $974.2k $974.2k 0.00% Added +87.0k +87,000
18 PUTNAM INVESTMENTS LLC 0.00% of their portfolio BOSTON, MA 357,000357.0k $615.5k $615.5k 0.00% Reduced -421.0k -421,000
19 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 213,000213.0k $370.6k $370.6k 0.00% Reduced -46.0k -46,000
20 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 139,000139.0k $241.0k $241.0k 0.00% Added +46.0k +46,000
21 Fox Hill Wealth Management 0.17% of their portfolio DEDHAM, MA 129,000129.0k $225.6k $225.6k 0.17% First filing
22 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 106,000106.0k $182.0k $182.0k 0.00% Unchanged
23 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 47,00047.0k $81.0k $81.0k 0.00% Unchanged
24 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 31,00031.0k $53.4k $53.4k 0.00% Unchanged
25 Virtus Investment Advisers, LLC 0.03% of their portfolio HARTFORD, CT 26,00026.0k $44.8k $44.8k 0.03% New
26 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 20,00020.0k $34.7k $34.7k 0.00% Reduced -7.0k -7,000
27 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 10,00010.0k $17.5k $17.5k 0.00% Unchanged
28 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 8,0008.0k $13.9k $13.9k 0.00% Reduced -51.0k -51,000
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 4,0004.0k $6.9k $6.9k 0.00% Unchanged
30 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,0003.0k $5.2k $5.2k 0.00% Unchanged
31 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,0002.0k $3.5k $3.5k 0.00% Added +1.0k +1,000
32 ADVENT CAPITAL MANAGEMENT /DE/ 0.00% of their portfolio NEW YORK, NY 2,0002.0k $3.5k $3.5k 0.00% New
33 Capital Analysts, LLC 0.00% of their portfolio FORT WASHINGTON, PA 2,0002.0k $3.0k $3.0k 0.00% Unchanged
34 COMERICA BANK 0.00% of their portfolio DALLAS, TX 1,0001.0k $1.7k $1.7k 0.00% Reduced -4.0k -4,000
35 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,0001.0k $1.7k $1.7k 0.00% Unchanged
36 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged