Vault-13

NORTHERN OIL & GAS INC NOG 3.625 04.15.29

NOTE 3.625% 4/1 · US DOMESTIC · CUSIP 665531AJ8

65 institutional holders +5 vs Q4 2024
14,898,44414.9m shares reported held*
$499.1mreported value*
12 new 13 added 22 reduced 6 sold out net sold ≈ $13.5m (-7.2m 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 ≈ $33.50.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q4 23: 62Q1 24: 63Q2 24: 65Q3 24: 62Q4 24: 60Q1 25: 6565Q4 23Q1 24Q2 24Q3 24Q4 24Q1 25
Numbers
QuarterHolders
Q4 202362
Q1 202463
Q2 202465
Q3 202462
Q4 202460
Q1 202565

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 24: 29 bought or addedQ1 24: 29 cut or sold outQ1 24Q2 24: 26 bought or addedQ2 24: 25 cut or sold outQ2 24Q3 24: 30 bought or addedQ3 24: 25 cut or sold outQ3 24Q4 24: 20 bought or addedQ4 24: 31 cut or sold outQ4 24Q1 25: 25 bought or addedQ1 25: 28 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q1 20242929
Q2 20242625
Q3 20243025
Q4 20242031
Q1 20252528

Biggest buyers

STEELHEAD PARTNERS LLC New +21,000,000+21.0m
DLD Asset Management, LP New +17,500,000+17.5m
LAZARD ASSET MANAGEMENT LLC New +13,752,000+13.8m
JANE STREET GROUP, LLC New +13,025,000+13.0m
Thrivent Financial for Lutherans New +9,892,000+9.9m
MIZUHO SECURITIES USA LLC Added +7,965,000+8.0m
ADVENT CAPITAL MANAGEMENT /DE/ New +7,101,000+7.1m
ZAZOVE ASSOCIATES LLC Added +6,446,000+6.4m
SHENKMAN CAPITAL MANAGEMENT INC New +6,291,000+6.3m
WELLINGTON MANAGEMENT GROUP LLP Added +4,300,000+4.3m

Biggest sellers

CITADEL ADVISORS LLC Sold out -55,314,000-55.3m
Thrivent Financial for Lutherans Sold out -12,797,000-12.8m
MILLENNIUM MANAGEMENT LLC Reduced -12,200,000-12.2m
Paloma Partners Management Co Reduced -10,260,000-10.3m
BANK OF MONTREAL /CAN/ Reduced -8,536,000-8.5m
TWO SIGMA INVESTMENTS, LP Reduced -8,500,000-8.5m
ROYAL BANK OF CANADA Reduced -7,288,000-7.3m
JANE STREET GROUP, LLC Sold out -6,000,000-6.0m
Sculptor Capital LP Sold out -5,000,000-5.0m
Jefferies Financial Group Inc. Reduced -4,056,000-4.1m

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SUSQUEHANNA ADVISORS GROUP, INC. 3.90% of their portfolio BALA CYNWYD, PA 57,909,00057.9m $61.1m $61.1m 3.90% Added +96.0k +96,000
2 TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio NEW YORK, NY 36,084,00036.1m $38.0m $38.0m 0.08% Reduced -8.5m -8,500,000
3 MacKay Shields LLC 1.10% of their portfolio New York, NY 32,356,00032.4m $34.2m $34.2m 1.10% Reduced -62.0k -62,000
4 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 28,670,00028.7m $30.2m $30.2m 0.01% Added +2.0m +2,000,000
5 Calamos Advisors LLC 0.13% of their portfolio NAPERVILLE, IL 25,072,00025.1m $26.5m $26.5m 0.13% Reduced -4.0k -4,000
6 STEELHEAD PARTNERS LLC 1.28% of their portfolio SEATTLE, WA 21,000,00021.0m $22.2m $22.2m 1.28% New
7 LMR Partners LLP 0.42% of their portfolio LONDON, X0 20,000,00020.0m $21.1m $21.1m 0.42% Unchanged
8 DLD Asset Management, LP 2.69% of their portfolio NEW YORK, NY 17,500,00017.5m $18.6m $18.6m 2.69% New
9 Paloma Partners Management Co 3.02% of their portfolio GREENWICH, CT 15,000,00015.0m $16.1m $16.1m 3.02% Reduced -10.3m -10,260,000
10 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 13,752,00013.8m $14.5m $14.5m 0.02% New
11 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 13,025,00013.0m $13.7m $13.7m 0.02% New
12 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 12,192,00012.2m $13.1m $13.1m 0.00% Added +4.3m +4,300,000
13 ZAZOVE ASSOCIATES LLC 1.09% of their portfolio INCLINE VILLAGE, NV 12,011,00012.0m $12.7m $12.7m 1.09% Added +6.4m +6,446,000
14 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 11,003,00011.0m $11.6m $11.6m 0.00% Added +1.0m +1,003,000
15 MIZUHO SECURITIES USA LLC 0.23% of their portfolio NEW YORK, NY 9,960,00010.0m $10.4m $10.4m 0.23% Added +8.0m +7,965,000
16 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 9,892,0009.9m $10.6m $10.6m 0.02% New
17 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,822,0009.8m $10.6m $10.6m 0.00% Reduced -1.6m -1,550,000
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 9,686,0009.7m $10.2m $10.2m 0.00% Reduced -242.0k -242,000
19 GABELLI FUNDS LLC 0.07% of their portfolio Rye, NY 9,075,0009.1m $9.6m $9.6m 0.07% Added +1.9m +1,900,000
20 BlackRock, Inc. 0.00% of their portfolio New York, NY 8,867,0008.9m $9.3m $9.3m 0.00% Reduced -25.0k -25,000
21 FMR LLC 0.00% of their portfolio BOSTON, MA 7,182,0007.2m $7.6m $7.6m 0.00% Reduced -532.0k -532,000
22 ADVENT CAPITAL MANAGEMENT /DE/ 0.17% of their portfolio NEW YORK, NY 7,101,0007.1m $7.5m $7.5m 0.17% New
23 WESTWOOD HOLDINGS GROUP INC 0.05% of their portfolio DALLAS, TX 6,515,0006.5m $7.0m $7.0m 0.05% Unchanged
24 SHENKMAN CAPITAL MANAGEMENT INC 0.71% of their portfolio NEW YORK, NY 6,291,0006.3m $7.0m $7.0m 0.71% New
25 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 5,138,0005.1m $5.4m $5.4m 0.00% Added +3.9m +3,862,000
26 CSS LLC/IL 0.37% of their portfolio CHICAGO, IL 5,082,0005.1m $5.4m $5.4m 0.37% Added +2.2m +2,162,000
27 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 4,964,0005.0m $5.2m $5.2m 0.00% Unchanged
28 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 4,800,0004.8m $5.1m $5.1m 0.00% Reduced -12.2m -12,200,000
29 SSI INVESTMENT MANAGEMENT LLC 0.34% of their portfolio Los Angeles, CA 4,205,0004.2m $4.4m $4.4m 0.34% Reduced -220.0k -220,000
30 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 3,500,0003.5m $3.7m $3.7m 0.00% Reduced -8.5m -8,536,000
31 ABSOLUTE INVESTMENT ADVISERS, LLC 0.51% of their portfolio ROSEMARY BEACH, FL 3,310,0003.3m $3.5m $3.5m 0.51% New
32 Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio FRANKFURT AM MAIN, 2M 3,078,0003.1m $3.3m $3.3m 0.01% New
33 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,919,0002.9m $3.1m $3.1m 0.00% Added +175.0k +175,000
34 PALISADE CAPITAL MANAGEMENT, LP 0.09% of their portfolio FORT LEE, NJ 2,853,0002.9m $3.0m $3.0m 0.09% Unchanged
35 Jefferies Financial Group Inc. 0.05% of their portfolio NEW YORK, NY 2,593,0002.6m $2.7m $2.7m 0.05% Reduced -4.1m -4,056,000
36 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,472,0002.5m $2.6m $2.6m 0.00% Reduced -993.0k -993,000
37 Man Group plc 0.01% of their portfolio LONDON, X0 1,655,0001.7m $1.8m $1.8m 0.01% Reduced -200.0k -200,000
38 RWC Asset Management LLP 0.08% of their portfolio LONDON, X0 1,500,0001.5m $1.6m $1.6m 0.08% Unchanged
39 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,391,0001.4m $1.5m $1.5m 0.00% First filing
40 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,250,0001.2m $1.3m $1.3m 0.00% Unchanged
41 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 1,200,0001.2m $1.3m $1.3m 0.00% Reduced -1.0m -1,000,000
42 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 700,000700.0k $741.3k $741.3k 0.00% Unchanged
43 Nicholas Investment Partners, LP 0.06% of their portfolio RANCHO SANTA FE, CA 565,000565.0k $595.4k $595.4k 0.06% Unchanged
44 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 550,000550.0k $579.6k $579.6k 0.00% Unchanged
45 LOOMIS SAYLES & CO L P 0.02% of their portfolio BOSTON, MA 427,813427.8k $12.9m $12.9m 0.02% Added +332.8k +332,798
46 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 400,000400.0k $422.4k $422.4k 0.00% Added +100.0k +100,000
47 Teton Advisors, Inc. 0.26% of their portfolio Rye, NY 400,000400.0k $422.4k $422.4k 0.26% Unchanged
48 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 393,000393.0k $416.0k $416.0k 0.00% Reduced -7.3m -7,288,000
49 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 386,000386.0k $406.8k $406.8k 0.00% Reduced -2.2m -2,209,000
50 Central Pacific Bank - Trust Division 0.03% of their portfolio HONOLULU, HI 240,000240.0k $252.9k $252.9k 0.03% Unchanged
51 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 234,000234.0k $246.6k $246.6k 0.00% Unchanged
52 KBC Group NV 0.00% of their portfolio Brussels, C9 200,000200.0k $215.0k $215.0k 0.00% Added +100.0k +100,000
53 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 138,000138.0k $148.0k $148.0k 0.00% Reduced -83.0k -83,000
54 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 131,000131.0k $138.0k $138.0k 0.00% Unchanged
55 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 122,000122.0k $128.8k $128.8k 0.01% Reduced -2.0k -2,000
56 NOMURA HOLDINGS INC 0.02% of their portfolio TOKYO, M0 98,63198.6k $3.0m $3.0m 0.02% Reduced -28.6k -28,590
57 Warberg Asset Management LLC 0.02% of their portfolio WINNETKA, IL 84,00084.0k $88.7k $88.7k 0.02% Reduced -158.0k -158,000
58 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 37,00037.0k $39.0k $39.0k 0.00% Unchanged
59 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 23,00023.0k $24.5k $24.5k 0.01% Reduced -1.0k -1,000
60 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 14,00014.0k $14.8k $14.8k 0.00% New
61 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 10,53810.5k $10.5k $10.5k 0.00% New
62 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 4,0004.0k $4.2k $4.2k 0.00% Unchanged
63 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 4,0004.0k $4.2k $4.2k 0.00% Unchanged
64 UBS Group AG 0.00% of their portfolio ZURICH, V8 670670 $706 $706 0.00% New
65 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged