Vault-13

NUVASIVE INC NUVA

COM · Common Stock · CUSIP 670704105

230 institutional holders -12 vs Q1 2023
57,532,91557.5m shares reported held*
$2.4bnreported value*
18 new 77 added 85 reduced 33 sold out net bought ≈ $141.6m (+3.4m 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 ($413.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $41.58. Options: 3 managers hold calls ($220.4k notional), 2 hold puts ($16.6k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 232Q4 22: 237Q1 23: 242Q2 23: 230230Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022232
Q4 2022237
Q1 2023242
Q2 2023230

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 127 bought or addedQ4 22: 115 cut or sold outQ4 22Q1 23: 122 bought or addedQ1 23: 120 cut or sold outQ1 23Q2 23: 95 bought or addedQ2 23: 118 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022127115
Q1 2023122120
Q2 202395118

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3mQ3 22 calls: $2.3mQ3 22 puts: $986.0kQ3 22P/C 0.42Q4 22 calls: $114.7kQ4 22 puts: $1.7mQ4 22P/C 14.88Q1 23 calls: $260.3kQ1 23 puts: $276.8kQ1 23P/C 1.06Q2 23 calls: $220.4kQ2 23 puts: $16.6kQ2 23P/C 0.08
Numbers
QuarterCallsPutsP/C
Q3 2022$2.3m$986.0k0.42
Q4 2022$114.7k$1.7m14.88
Q1 2023$260.3k$276.8k1.06
Q2 2023$220.4k$16.6k0.08

Biggest buyers

KRYGER CAPITAL Ltd New +2,363,161+2.4m
Westchester Capital Management, LLC Added +1,040,065+1.0m
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) Added +841,845+841.8k
Magnetar Financial LLC Added +648,419+648.4k
ALPINE ASSOCIATES MANAGEMENT INC. Added +643,500+643.5k
ALLIANCEBERNSTEIN L.P. Added +331,149+331.1k
Assenagon Asset Management S.A. Added +269,002+269.0k
MARSHALL WACE, LLP Added +236,572+236.6k
DEUTSCHE BANK AG\ Added +184,953+185.0k
LMR Partners LLP New +150,000+150.0k

Biggest sellers

Camber Capital Management LP Sold out -600,000-600.0k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -349,526-349.5k
MORGAN STANLEY Reduced -340,330-340.3k
LOOMIS SAYLES & CO L P Reduced -334,795-334.8k
TWO SIGMA ADVISERS, LP Reduced -321,700-321.7k
TIG Advisors, LLC Reduced -263,632-263.6k
GOLDMAN SACHS GROUP INC Reduced -247,193-247.2k
UBS Group AG Reduced -224,758-224.8k
AQR Arbitrage LLC Reduced -209,022-209.0k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Reduced -181,827-181.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $216.3k5.2k shares
CITADEL ADVISORS LLC Unchanged $4.2k100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC New $16.6k400 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 8,767,2148.8m $364.6m $364.6m 0.01% Reduced -42.5k -42,488
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 5,918,7265.9m $246.2m $246.2m 0.01% Reduced -15.2k -15,172
3 Magnetar Financial LLC 2.22% of their portfolio EVANSTON, IL 2,427,2502.4m $100.9m $100.9m 2.22% Added +648.4k +648,419
4 KRYGER CAPITAL Ltd 10.05% of their portfolio LONDON, X0 2,363,1612.4m $98.3m $98.3m 10.05% New
5 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,218,8272.2m $92.3m $92.3m 0.00% Added +75.5k +75,508
6 MACQUARIE GROUP LTD 0.10% of their portfolio Sydney, NSW 2000, C3 2,022,9472.0m $84.1m $84.1m 0.10% Reduced -119.1k -119,083
7 ALPINE ASSOCIATES MANAGEMENT INC. 3.25% of their portfolio PALM BEACH, FL 1,736,0001.7m $72.2m $72.2m 3.25% Added +643.5k +643,500
8 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 1,559,4551.6m $64.9m $64.9m 0.02% Reduced -2.4k -2,400
9 Paradice Investment Management LLC 4.22% of their portfolio Denver, CO 1,364,0571.4m $56.7m $56.7m 4.22% Reduced -17.9k -17,864
10 Westchester Capital Management, LLC 1.55% of their portfolio VALHALLA, NY 1,077,5721.1m $44.8m $44.8m 1.55% Added +1.0m +1,040,065
11 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,058,4421.1m $44.0m $44.0m 0.01% Added +45.8k +45,841
12 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 1,023,5111.0m $42.6m $42.6m 0.02% Added +331.1k +331,149
13 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 961,190961.2k $40.0m $40.0m 0.01% Reduced -247.2k -247,193
14 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.83% of their portfolio CHICAGO, IL 941,845941.8k $39.2m $39.2m 0.83% Added +841.8k +841,845
15 Stephens Investment Management Group LLC 0.53% of their portfolio LITTLE ROCK, AR 821,456821.5k $34.2m $34.2m 0.53% Added +20.1k +20,051
16 Burgundy Asset Management Ltd. 0.39% of their portfolio Toronto, A6 797,231797.2k $33.2m $33.2m 0.39% Added +17.1k +17,075
17 JANUS HENDERSON GROUP PLC 0.02% of their portfolio LONDON, X0 773,313773.3k $32.2m $32.2m 0.02% Added +979 +979
18 Capital World Investors 0.01% of their portfolio LOS ANGELES, CA 766,000766.0k $31.9m $31.9m 0.01% Unchanged
19 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio BOSTON, MA 762,612762.6k $31.7m $31.7m 0.04% Reduced -349.5k -349,526
20 Fisher Asset Management, LLC 0.02% of their portfolio PLANO, TX 694,540694.5k $28.9m $28.9m 0.02% Added +4.0k +3,973
21 TWO SIGMA ADVISERS, LP 0.07% of their portfolio NEW YORK, NY 677,400677.4k $28.2m $28.2m 0.07% Reduced -321.7k -321,700
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 670,948670.9k $27.9m $27.9m 0.00% Reduced -340.3k -340,330
23 Taconic Capital Advisors LP 1.68% of their portfolio NEW YORK, NY 670,000670.0k $27.9m $27.9m 1.68% Not comparable
24 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 629,957630.0k $26.2m $26.2m 0.01% Added +3.7k +3,678
25 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 608,648608.6k $25.3m $25.3m 0.00% Added +5.1k +5,131
26 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 570,552570.6k $23.7m $23.7m 0.01% Added +185.0k +184,953
27 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 564,392564.4k $23.5m $23.5m 0.01% Added +2.6k +2,643
28 Assenagon Asset Management S.A. 0.09% of their portfolio SENNINGERBERG, N4 562,455562.5k $23.4m $23.4m 0.09% Added +269.0k +269,002
29 TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio NEW YORK, NY 522,497522.5k $21.7m $21.7m 0.06% Added +33.4k +33,420
30 AQR Arbitrage LLC 0.93% of their portfolio Greenwich, CT 516,389516.4k $21.5m $21.5m 0.93% Reduced -209.0k -209,022
31 New York Life Investment Management LLC 0.22% of their portfolio New York, NY 503,136503.1k $20.9m $20.9m 0.22% Added +8.9k +8,889
32 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 492,530492.5k $20.5m $20.5m 0.00% Reduced -22.7k -22,678
33 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio CHICAGO, IL 485,411485.4k $20.2m $20.2m 0.06% Added +9.0k +9,015
34 LOOMIS SAYLES & CO L P 0.03% of their portfolio BOSTON, MA 460,344460.3k $19.1m $19.1m 0.03% Reduced -334.8k -334,795
35 STATE OF WISCONSIN INVESTMENT BOARD 0.05% of their portfolio MADISON, WI 428,296428.3k $17.8m $17.8m 0.05% Added +146.6k +146,554
36 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 422,972423.0k $17.6m $17.6m 0.00% Reduced -17.8k -17,847
37 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 384,383384.4k $16.0m $16.0m 0.02% Reduced -10.9k -10,950
38 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.07% of their portfolio TORONTO, A6 368,673368.7k $15.3m $15.3m 0.07% Reduced -181.8k -181,827
39 GABELLI FUNDS LLC 0.11% of their portfolio Rye, NY 356,499356.5k $14.8m $14.8m 0.11% Added +123.2k +123,198
40 NORGES BANK 0.00% of their portfolio OSLO, Q8 352,773352.8k $14.7m $14.7m 0.00% Reduced -24.2k -24,173
41 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 315,577315.6k $13.1m $13.1m 0.01% Reduced -21.0k -20,994
42 Alberta Investment Management Corp 0.12% of their portfolio EDMONTON, A0 288,302288.3k $12.0m $12.0m 0.12% Added +27.6k +27,625
43 NUANCE INVESTMENTS, LLC 0.25% of their portfolio Kansas City, MO 281,023281.0k $11.7m $11.7m 0.25% Added +1.1k +1,145
44 MARSHALL WACE, LLP 0.03% of their portfolio LONDON, X0 279,310279.3k $11.6m $11.6m 0.03% Added +236.6k +236,572
45 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 274,794274.8k $11.4m $11.4m 0.00% Reduced -13.0k -13,041
46 SECTOR GAMMA AS 2.48% of their portfolio OSLO, Q8 266,370266.4k $11.1m $11.1m 2.48% Added +32.6k +32,614
47 KENNEDY CAPITAL MANAGEMENT LLC 0.26% of their portfolio ST LOUIS, MO 265,495265.5k $11.0m $11.0m 0.26% Added +95.5k +95,477
48 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 257,371257.4k $10.7m $10.7m 0.00% Added +26.1k +26,084
49 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 248,109248.1k $10.3m $10.3m 0.02% Reduced -5.3k -5,251
50 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 242,806242.8k $10.1m $10.1m 0.00% Reduced -12.1k -12,130
51 GABELLI & Co INVESTMENT ADVISERS, INC. 1.63% of their portfolio Rye, NY 233,694233.7k $9.7m $9.7m 1.63% Added +143.5k +143,490
52 Leeward Investments, LLC - MA 0.43% of their portfolio BOSTON, MA 218,251218.3k $9.1m $9.1m 0.43% Reduced -5.9k -5,860
53 GLENMEDE TRUST CO NA 0.05% of their portfolio PHILADELPHIA, PA 215,736215.7k $8.9m $8.9m 0.05% Added +402 +402
54 NATIXIS 0.07% of their portfolio PARIS, I0 188,209188.2k $7.8m $7.8m 0.07% Reduced -76.6k -76,625
55 GAMCO INVESTORS, INC. ET AL 0.08% of their portfolio GREENWICH, CT 179,271179.3k $7.5m $7.5m 0.08% Added +4.9k +4,867
56 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 167,882167.9k $7.0m $7.0m 0.01% Added +5.0k +4,966
57 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 166,808166.8k $6.9m $6.9m 0.00% Reduced -85.4k -85,412
58 Ergoteles LLC 0.32% of their portfolio NEW YORK, NY 162,151162.2k $6.7m $6.7m 0.32% Added +104.2k +104,195
59 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 152,546152.5k $6.3m $6.3m 0.00% Added +2.3k +2,340
60 Legal & General Group Plc 0.00% of their portfolio London, X0 152,305152.3k $6.3m $6.3m 0.00% Reduced -33.3k -33,335
61 LMR Partners LLP 0.14% of their portfolio LONDON, X0 150,000150.0k $6.2m $6.2m 0.14% New
62 TIG Advisors, LLC 0.37% of their portfolio New York, NY 147,993148.0k $6.2m $6.2m 0.37% Reduced -263.6k -263,632
63 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 143,413143.4k $6.0m $6.0m 0.01% Added +49.9k +49,880
64 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 127,283127.3k $5.3m $5.3m 0.00% Added +15.6k +15,631
65 NICHOLAS COMPANY, INC. 0.10% of their portfolio MILWAUKEE, WI 125,815125.8k $5.2m $5.2m 0.10% Reduced -90 -90
66 Walleye Capital LLC 0.08% of their portfolio NEW YORK, NY 114,723114.7k $4.8m $4.8m 0.08% Reduced -42.1k -42,056
67 Swiss National Bank 0.00% of their portfolio ZURICH, V8 113,969114.0k $4.7m $4.7m 0.00% Added +1.4k +1,400
68 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 113,033113.0k $4.7m $4.7m 0.00% Reduced -36.9k -36,878
69 K2 PRINCIPAL FUND, L.P. 1.41% of their portfolio TORONTO, A6 106,389106.4k $4.4m $4.4m 1.41% Added +70.6k +70,619
70 Carmignac Gestion 0.07% of their portfolio PARIS, I0 103,300103.3k $4.3m $4.3m 0.07% Not comparable
71 Verition Fund Management LLC 0.07% of their portfolio GREENWICH, CT 102,814102.8k $4.3m $4.3m 0.07% Added +92.1k +92,104
72 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 102,744102.7k $4.3m $4.3m 0.00% Reduced -45.7k -45,673
73 Public Sector Pension Investment Board 0.03% of their portfolio MONTREAL, A8 93,09893.1k $3.9m $3.9m 0.03% Added +1.4k +1,406
74 Yakira Capital Management, Inc. 1.01% of their portfolio Westport, CT 91,46491.5k $3.8m $3.8m 1.01% New
75 Homestead Advisers Corp 0.10% of their portfolio Arlington, VA 88,30088.3k $3.7m $3.7m 0.10% Unchanged
76 Flow State Investments, L.P. 1.54% of their portfolio CHICAGO, IL 88,00088.0k $3.7m $3.7m 1.54% New
77 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 87,64987.6k $3.6m $3.6m 0.01% Added +48.6k +48,642
78 Crystalline Management Inc. 2.56% of their portfolio Montreal, Quebec, Z4 87,05687.1k $3.6m $3.6m 2.56% New
79 Knights of Columbus Asset Advisors LLC 0.29% of their portfolio NEW HAVEN, CT 78,32278.3k $3.3m $3.3m 0.29% Added +182 +182
80 Arena Investors LP 3.06% of their portfolio PURCHASE, NY 75,90075.9k $3.2m $3.2m 3.06% Unchanged
81 Profit Investment Management, LLC 1.97% of their portfolio NORTH BETHESDA, MD 72,76172.8k $3.0m $3.0m 1.97% Unchanged
82 WOLVERINE ASSET MANAGEMENT LLC 0.06% of their portfolio CHICAGO, IL 72,59972.6k $3.0m $3.0m 0.06% New
83 BARDIN HILL MANAGEMENT PARTNERS LP 0.79% of their portfolio NEW YORK, NY 72,25472.3k $3.0m $3.0m 0.79% Added +13.7k +13,713
84 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 71,32471.3k $3.0m $3.0m 0.00% Added +11.5k +11,452
85 PRIMECAP MANAGEMENT CO/CA/ 0.00% of their portfolio PASADENA, CA 69,90069.9k $2.9m $2.9m 0.00% Reduced -3.3k -3,300
86 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 68,23368.2k $2.8m $2.8m 0.01% Reduced -121.6k -121,559
87 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 64,62064.6k $2.7m $2.7m 0.00% Added +13.8k +13,774
88 D.A. DAVIDSON & CO. 0.03% of their portfolio GREAT FALLS, MT 64,22064.2k $2.7m $2.7m 0.03% Reduced -180 -180
89 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 63,63063.6k $2.6m $2.6m 0.00% Reduced -1.7k -1,651
90 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 62,78462.8k $2.6m $2.6m 0.01% Added +10.0k +9,987
91 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 60,53460.5k $2.5m $2.5m 0.00% Reduced -5.9k -5,869
92 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 59,28759.3k $2.5m $2.5m 0.02% Reduced -41.3k -41,341
93 Greenland Capital Management LP 0.35% of their portfolio NEW YORK, NY 58,41358.4k $2.4m $2.4m 0.35% New
94 Bridgewater Associates, LP 0.01% of their portfolio Westport, CT 57,49957.5k $2.4m $2.4m 0.01% Reduced -6.2k -6,183
95 Pentwater Capital Management LP 0.03% of their portfolio Naples, FL 55,00055.0k $2.3m $2.3m 0.03% Unchanged
96 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 53,05453.1k $2.2m $2.2m 0.00% Unchanged
97 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio ALBANY, NY 52,96253.0k $2.2m $2.2m 0.00% Reduced -100 -100
98 EAGLE ASSET MANAGEMENT INC 0.01% of their portfolio ST PETERSBURG, FL 49,27649.3k $2.0m $2.0m 0.01% Reduced -2.2k -2,178
99 Olympiad Research LP 1.90% of their portfolio Stamford, CT 46,41346.4k $1.9m $1.9m 1.90% Added +3.8k +3,820
100 TEXAS PERMANENT SCHOOL FUND CORP 0.02% of their portfolio AUSTIN, TX 46,16146.2k $1.9m $1.9m 0.02% Reduced -593 -593