Vault-13

NOVOCURE LTD NVCR 0 11.01.25

NOTE 11/0 · US DOMESTIC · CUSIP 67011XAB9

34 institutional holders +1 vs Q1 2023
8,390,7078.4m shares reported held*
$468.7mreported value*
7 new 9 added 6 reduced 6 sold out net bought ≈ $1.1m (-2.1m 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 ($12.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $57.40.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 32Q4 22: 34Q1 23: 33Q2 23: 3434Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202232
Q4 202234
Q1 202333
Q2 202334

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 10 bought or addedQ4 22: 10 cut or sold outQ4 22Q1 23: 16 bought or addedQ1 23: 20 cut or sold outQ1 23Q2 23: 16 bought or addedQ2 23: 12 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221010
Q1 20231620
Q2 20231612

Biggest buyers

Balyasny Asset Management L.P. New +25,055,000+25.1m
Linden Advisors LP Added +21,843,000+21.8m
Opti Capital Management, LP New +18,000,000+18.0m
TENOR CAPITAL MANAGEMENT Co., L.P. New +14,000,000+14.0m
DeepCurrents Investment Group LLC Added +5,000,000+5.0m
STEELHEAD PARTNERS LLC Added +3,438,000+3.4m
OAKTREE CAPITAL MANAGEMENT LP New +1,621,000+1.6m
BRAIDWELL LP Added +1,500,000+1.5m
BARCLAYS PLC Added +1,127,000+1.1m
Kohlberg Kravis Roberts & Co. L.P. New +473,000+473.0k

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Reduced -31,460,000-31.5m
WOLVERINE ASSET MANAGEMENT LLC Reduced -18,000,000-18.0m
Graham Capital Management, L.P. Sold out -11,422,000-11.4m
Empyrean Capital Partners, LP Reduced -10,250,000-10.2m
CAPSTONE INVESTMENT ADVISORS, LLC Reduced -7,000,000-7.0m
CSS LLC/IL Sold out -5,132,000-5.1m
SHENKMAN CAPITAL MANAGEMENT INC Reduced -4,137,000-4.1m
JANE STREET GROUP, LLC Sold out -2,000,000-2.0m
Ionic Capital Management LLC Sold out -2,000,000-2.0m
PUTNAM INVESTMENTS LLC Sold out -265,000-265.0k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BRAIDWELL LP 3.86% of their portfolio STAMFORD, CT 135,834,000135.8m $118.2m $118.2m 3.86% Added +1.5m +1,500,000
2 VOYA INVESTMENT MANAGEMENT LLC 0.06% of their portfolio ATLANTA, GA 69,990,00070.0m $60.9m $60.9m 0.06% Reduced -31.5m -31,460,000
3 WOLVERINE ASSET MANAGEMENT LLC 0.95% of their portfolio CHICAGO, IL 58,557,00058.6m $50.5m $50.5m 0.95% Reduced -18.0m -18,000,000
4 STEELHEAD PARTNERS LLC 2.73% of their portfolio SEATTLE, WA 50,000,00050.0m $43.1m $43.1m 2.73% Added +3.4m +3,438,000
5 DeepCurrents Investment Group LLC 1.66% of their portfolio NEW YORK, NY 45,000,00045.0m $38.7m $38.7m 1.66% Added +5.0m +5,000,000
6 Linden Advisors LP 0.34% of their portfolio New York, NY 37,025,00037.0m $31.9m $31.9m 0.34% Added +21.8m +21,843,000
7 Balyasny Asset Management L.P. 0.06% of their portfolio Chicago, IL 25,055,00025.1m $21.6m $21.6m 0.06% New
8 Opti Capital Management, LP 1.32% of their portfolio New York, NY 18,000,00018.0m $15.6m $15.6m 1.32% New
9 CAPSTONE INVESTMENT ADVISORS, LLC 0.46% of their portfolio NEW YORK, NY 17,750,00017.8m $15.4m $15.4m 0.46% Reduced -7.0m -7,000,000
10 Calamos Advisors LLC 0.07% of their portfolio NAPERVILLE, IL 15,000,00015.0m $12.9m $12.9m 0.07% Unchanged
11 TENOR CAPITAL MANAGEMENT Co., L.P. 0.25% of their portfolio NEW YORK, NY 14,000,00014.0m $12.1m $12.1m 0.25% New
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,928,00011.9m $10.2m $10.2m 0.00% Added +350.0k +350,000
13 SHENKMAN CAPITAL MANAGEMENT INC 0.49% of their portfolio NEW YORK, NY 7,180,0007.2m $6.2m $6.2m 0.49% Reduced -4.1m -4,137,000
14 ABSOLUTE INVESTMENT ADVISERS, LLC 0.59% of their portfolio ROSEMARY BEACH, FL 4,856,0004.9m $4.2m $4.2m 0.59% Unchanged
15 Empyrean Capital Partners, LP 0.21% of their portfolio LOS ANGELES, CA 4,750,0004.8m $4.1m $4.1m 0.21% Reduced -10.2m -10,250,000
16 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,082,0003.1m $2.7m $2.7m 0.00% Unchanged
17 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 3,000,0003.0m $2.6m $2.6m 0.01% Unchanged
18 OAKTREE CAPITAL MANAGEMENT LP 0.02% of their portfolio LOS ANGELES, CA 1,621,0001.6m $1.4m $1.4m 0.02% New
19 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,555,0001.6m $1.3m $1.3m 0.00% Added +1.1m +1,127,000
20 PALISADE CAPITAL MANAGEMENT, LP 0.02% of their portfolio FORT LEE, NJ 1,000,0001.0m $861.2k $861.2k 0.02% Unchanged
21 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,000,0001.0m $857.5k $857.5k 0.00% Unchanged
22 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 500,000500.0k $431.2k $431.2k 0.00% Added +200.0k +200,000
23 Kohlberg Kravis Roberts & Co. L.P. 0.01% of their portfolio NEW YORK, NY 473,000473.0k $411.5k $411.5k 0.01% New
24 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 379,000379.0k $326.4k $326.4k 0.00% New
25 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 265,000265.0k $227.9k $227.9k 0.00% New
26 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 200,000200.0k $172.0k $172.0k 0.00% Reduced -200.0k -200,000
27 ROYAL LONDON ASSET MANAGEMENT LTD 0.01% of their portfolio UNITED KINGDOM, X0 34,88234.9k $3.0m $3.0m 0.01% Added +638 +638
28 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 27,00027.0k $23.0k $23.0k 0.00% Unchanged
29 Verition Fund Management LLC 0.27% of their portfolio GREENWICH, CT 20,00320.0k $17.4m $17.4m 0.27% Added +749 +749
30 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 12,00012.0k $10.0k $10.0k 0.00% Unchanged
31 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 11,00011.0k $9.5k $9.5k 0.00% Unchanged
32 Maryland State Retirement & Pension System 0.01% of their portfolio BALTIMORE, MD 7,7077.7k $319.8k $319.8k 0.01% Unchanged
33 Context Capital Management, LLC 0.35% of their portfolio LAJOLLA, CA 4,4894.5k $3.9m $3.9m 0.35% Unchanged
34 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged