Vault-13

NOVOCURE LTD NVCR 0 11.01.25

NOTE 11/0 · US DOMESTIC · CUSIP 67011XAB9

19 institutional holders -5 vs Q1 2024
3,000,0003.0m shares reported held*
$510.5mreported value*
2 new 8 added 3 reduced 7 sold out net sold ≈ $8.6m (-73.3m 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 ($18.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $176.17.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 32Q4 22: 34Q1 23: 33Q2 23: 34Q3 23: 25Q4 23: 23Q1 24: 24Q2 24: 1919Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202232
Q4 202234
Q1 202333
Q2 202334
Q3 202325
Q4 202323
Q1 202424
Q2 202419

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 outQ2 23: 16 bought or addedQ2 23: 12 cut or sold outQ2 23Q3 23: 9 bought or addedQ3 23: 18 cut or sold outQ4 23: 8 bought or addedQ4 23: 10 cut or sold outQ4 23Q1 24: 10 bought or addedQ1 24: 6 cut or sold outQ2 24: 10 bought or addedQ2 24: 10 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221010
Q1 20231620
Q2 20231612
Q3 2023918
Q4 2023810
Q1 2024106
Q2 20241010

Biggest buyers

Opti Capital Management, LP New +73,346,000+73.3m
DeepCurrents Investment Group LLC Added +17,293,000+17.3m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +6,250,000+6.2m
STEELHEAD PARTNERS LLC Added +5,250,000+5.2m
BRAIDWELL LP Added +5,000,000+5.0m
Kohlberg Kravis Roberts & Co. L.P. Added +2,434,000+2.4m
Verition Fund Management LLC Added +1,566,000+1.6m
Linden Advisors LP Added +1,535,000+1.5m
CITIGROUP INC New +200,000+200.0k
BARCLAYS PLC Added +7,000+7.0k

Biggest sellers

Opti Capital Management, LP Sold out -73,346,000-73.3m
Balyasny Asset Management L.P. Sold out -26,555,000-26.6m
Point72 Asset Management, L.P. Sold out -10,000,000-10.0m
CAPSTONE INVESTMENT ADVISORS, LLC Sold out -5,250,000-5.2m
VOYA INVESTMENT MANAGEMENT LLC Reduced -4,000,000-4.0m
SHENKMAN CAPITAL MANAGEMENT INC Sold out -1,793,000-1.8m
WELLS FARGO & COMPANY/MN Reduced -1,109,000-1.1m
Jefferies Financial Group Inc. Sold out -110,000-110.0k
LAKE STREET ADVISORS GROUP, LLC Sold out -29,000-29.0k
PALISADE CAPITAL MANAGEMENT, LP Reduced -14,000-14.0k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BRAIDWELL LP 4.07% of their portfolio STAMFORD, CT 140,834,000140.8m $129.8m $129.8m 4.07% Added +5.0m +5,000,000
2 TENOR CAPITAL MANAGEMENT Co., L.P. 1.41% of their portfolio NEW YORK, NY 97,695,00097.7m $90.0m $90.0m 1.41% Added +6.2m +6,250,000
3 Opti Capital Management, LP 5.02% of their portfolio New York, NY 73,346,00073.3m $67.5m $67.5m 5.02% New
4 VOYA INVESTMENT MANAGEMENT LLC 0.06% of their portfolio ATLANTA, GA 65,990,00066.0m $60.8m $60.8m 0.06% Reduced -4.0m -4,000,000
5 DeepCurrents Investment Group LLC 2.37% of their portfolio NEW YORK, NY 64,043,00064.0m $58.8m $58.8m 2.37% Added +17.3m +17,293,000
6 Linden Advisors LP 0.33% of their portfolio New York, NY 43,560,00043.6m $40.0m $40.0m 0.33% Added +1.5m +1,535,000
7 STEELHEAD PARTNERS LLC 1.84% of their portfolio SEATTLE, WA 38,425,00038.4m $35.4m $35.4m 1.84% Added +5.2m +5,250,000
8 Verition Fund Management LLC 0.14% of their portfolio GREENWICH, CT 19,569,00019.6m $18.0m $18.0m 0.14% Added +1.6m +1,566,000
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,778,00011.8m $10.8m $10.8m 0.00% Unchanged
10 Kohlberg Kravis Roberts & Co. L.P. 0.19% of their portfolio NEW YORK, NY 7,046,0007.0m $6.5m $6.5m 0.19% Added +2.4m +2,434,000
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5,952,0006.0m $5.5m $5.5m 0.00% Unchanged
12 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 3,000,0003.0m $2.7m $2.7m 0.01% Unchanged
13 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,000,0001.0m $919.3k $919.3k 0.00% Unchanged
14 PALISADE CAPITAL MANAGEMENT, LP 0.02% of their portfolio FORT LEE, NJ 978,000978.0k $899.1k $899.1k 0.02% Reduced -14.0k -14,000
15 ZAZOVE ASSOCIATES LLC 0.02% of their portfolio INCLINE VILLAGE, NV 316,000316.0k $291.5k $291.5k 0.02% Unchanged
16 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 200,000200.0k $183.3k $183.3k 0.00% New
17 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 194,000194.0k $179.3k $179.3k 0.00% Reduced -1.1m -1,109,000
18 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 107,000107.0k $97.9k $97.9k 0.00% Added +7.0k +7,000
19 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged