NOVAVAX INC NVAX 3.75 02.01.23
NOTE 3.750% 2/0 · US DOMESTIC · CUSIP 670002AB0
26
institutional holders
+3 vs Q3 2022
$320.8mprincipal reported held*
$314.4mreported value*
6 new
8 added
6 reduced
4 sold out
net sold ≈ $13.5m (-6.5m 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 ($9.7m this quarter). Holder counts are more reliable.
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 23 |
| Q4 2022 | 26 |
Biggest buyers
| PIPER SANDLER & CO. | Added | +12.5m |
| TENOR CAPITAL MANAGEMENT Co., L.P. | Added | +10.0m |
| Mint Tower Capital Management B.V. | New | +9.9m |
| Monashee Investment Management LLC | New | +9.0m |
| PALISADE CAPITAL MANAGEMENT, LP | New | +8.5m |
| DeepCurrents Investment Group LLC | Added | +7.5m |
| WHITEBOX ADVISORS LLC | Added | +5.0m |
| Balyasny Asset Management L.P. | Added | +5.0m |
| JPMORGAN CHASE & CO | New | +3.5m |
| OAKTREE CAPITAL MANAGEMENT LP | Added | +1.8m |
Biggest sellers
| Graham Capital Management, L.P. | Reduced | -32.2m |
| DEERFIELD MANAGEMENT COMPANY, L.P. | Sold out | -25.0m |
| Point72 Asset Management, L.P. | Reduced | -9.0m |
| PALISADE CAPITAL MANAGEMENT, LP | Sold out | -6.4m |
| MORGAN STANLEY | Reduced | -6.0m |
| Verition Fund Management LLC | Reduced | -4.9m |
| Centiva Capital, LP | Reduced | -3.5m |
| Northside Capital Management, LLC | Sold out | -100.0k |
| INGALLS & SNYDER LLC | Reduced | -7.0k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -5.1k |
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| TENOR CAPITAL MANAGEMENT Co., L.P. 1.21% of their portfolio | 50.0m $50.7m | Added +10.0m |
| WHITEBOX ADVISORS LLC 1.47% of their portfolio | 39.7m $39.3m | Added +5.0m |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 1.22% of their portfolio | 39.5m $39.3m | Unchanged |
| DeepCurrents Investment Group LLC 1.35% of their portfolio | 31.9m $31.7m | Added +7.5m |
| Point72 Asset Management, L.P. 0.11% of their portfolio | 29.9m $29.8m | Reduced -9.0m |
| PIPER SANDLER & CO. 20.29% of their portfolio | 19.7m $19.6m | Added +12.5m |
| Graham Capital Management, L.P. 0.62% of their portfolio | 16.3m $16.2m | Reduced -32.2m |
| Balyasny Asset Management L.P. 0.05% of their portfolio | 15.0m $14.9m | Added +5.0m |
| OAKTREE CAPITAL MANAGEMENT LP 0.15% of their portfolio | 13.7m $13.6m | Added +1.8m |
| Mint Tower Capital Management B.V. 1.11% of their portfolio | 9.9m $9.8m | New |
| Verition Fund Management LLC 0.19% of their portfolio | 9.7m $9.7m | Reduced -4.9m |
| Crystalline Management Inc. 4.59% of their portfolio | 9.1m $9.1m | First filing |
| Monashee Investment Management LLC 3.91% of their portfolio | 9.0m $9.1m | New |
| PALISADE CAPITAL MANAGEMENT, LP 0.23% of their portfolio | 8.5m $8.4m | New |
| Centiva Capital, LP 0.33% of their portfolio | 4.0m $4.0m | Reduced -3.5m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 3.5m $3.5m | New |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 2.8m $2.9m | Added +659.0k |
| BlackRock Inc. 0.00% of their portfolio | 2.8m $2.8m | Added +100.0k |
| EPIQ PARTNERS, LLC 1.52% of their portfolio | 2.3m $2.3m | Unchanged |
| INGALLS & SNYDER LLC 0.12% of their portfolio | 2.2m $2.2m | Reduced -7.0k |
| Bruce & Co., Inc. 0.15% of their portfolio | 600.0k $590.0k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 469.0k $464.3k | Reduced -6.0m |
| Northside Capital Management, LLC 0.03% of their portfolio | 100.0k $99.2k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 68.0k $67.7k | Unchanged |
| Context Capital Management, LLC 0.29% of their portfolio | 4.0k $4.0m | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |