Vault-13

NUVASIVE INC GMED 0.375 03.15.25

NOTE 0.375% 3/1 · US DOMESTIC · CUSIP 670704AJ4

59 institutional holders -1 vs Q1 2023
8,196,0008.2m shares reported held*
$403.0mreported value*
8 new 16 added 15 reduced 9 sold out net bought ≈ $24.0m (-1.3m 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. Holder counts are more reliable. Implied quarter-end price ≈ $49.18.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 62Q4 22: 59Q1 23: 60Q2 23: 5959Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202262
Q4 202259
Q1 202360
Q2 202359

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 19 bought or addedQ4 22: 25 cut or sold outQ4 22Q1 23: 27 bought or addedQ1 23: 26 cut or sold outQ1 23Q2 23: 24 bought or addedQ2 23: 24 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221925
Q1 20232726
Q2 20232424

Biggest buyers

MILLENNIUM MANAGEMENT LLC New +35,400,000+35.4m
Linden Advisors LP New +24,000,000+24.0m
BRAIDWELL LP Added +18,658,000+18.7m
Opti Capital Management, LP Added +15,000,000+15.0m
TENOR CAPITAL MANAGEMENT Co., L.P. New +10,000,000+10.0m
DLD Asset Management, LP Added +8,295,000+8.3m
FMR LLC New +7,500,000+7.5m
LAZARD ASSET MANAGEMENT LLC Added +5,000,000+5.0m
GOLDMAN SACHS GROUP INC Added +4,455,000+4.5m
WELLS FARGO & COMPANY/MN Added +4,313,000+4.3m

Biggest sellers

WOLVERINE ASSET MANAGEMENT LLC Sold out -48,423,000-48.4m
ADVENT CAPITAL MANAGEMENT /DE/ Sold out -17,536,000-17.5m
Nuveen Asset Management, LLC Sold out -15,575,000-15.6m
Wellesley Asset Management Reduced -13,939,000-13.9m
WELLINGTON MANAGEMENT GROUP LLP Reduced -7,907,000-7.9m
CSS LLC/IL Sold out -4,750,000-4.8m
AVIVA PLC Reduced -4,325,000-4.3m
NEW YORK STATE COMMON RETIREMENT FUND Sold out -3,318,000-3.3m
BANK OF MONTREAL /CAN/ Sold out -3,300,000-3.3m
Jefferies Financial Group Inc. Reduced -2,245,000-2.2m

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BRAIDWELL LP 1.64% of their portfolio STAMFORD, CT 55,323,00055.3m $50.1m $50.1m 1.64% Added +18.7m +18,658,000
2 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 35,400,00035.4m $32.3m $32.3m 0.03% New
3 Opti Capital Management, LP 2.72% of their portfolio New York, NY 35,330,00035.3m $32.2m $32.2m 2.72% Added +15.0m +15,000,000
4 MacKay Shields LLC 0.75% of their portfolio New York, NY 29,764,00029.8m $26.9m $26.9m 0.75% Reduced -299.0k -299,000
5 OAKTREE CAPITAL MANAGEMENT LP 0.33% of their portfolio LOS ANGELES, CA 26,961,00027.0m $24.4m $24.4m 0.33% Added +1.5m +1,469,000
6 LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 25,000,00025.0m $22.6m $22.6m 0.03% Added +5.0m +5,000,000
7 Linden Advisors LP 0.23% of their portfolio New York, NY 24,000,00024.0m $21.9m $21.9m 0.23% New
8 AVIVA PLC 0.08% of their portfolio LONDON, X0 21,500,00021.5m $19.6m $19.6m 0.08% Reduced -4.3m -4,325,000
9 DLD Asset Management, LP 2.38% of their portfolio NEW YORK, NY 19,295,00019.3m $17.7m $17.7m 2.38% Added +8.3m +8,295,000
10 SHENKMAN CAPITAL MANAGEMENT INC 1.13% of their portfolio NEW YORK, NY 16,015,00016.0m $14.5m $14.5m 1.13% Added +2.6m +2,634,000
11 Calamos Advisors LLC 0.06% of their portfolio NAPERVILLE, IL 13,425,00013.4m $12.3m $12.3m 0.06% Reduced -59.0k -59,000
12 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 12,344,00012.3m $11.3m $11.3m 0.00% Added +4.3m +4,313,000
13 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 11,430,00011.4m $10.3m $10.3m 0.00% Reduced -7.9m -7,907,000
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,234,00011.2m $10.2m $10.2m 0.00% Added +1.9m +1,900,000
15 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 10,955,00011.0m $9.9m $9.9m 0.00% Added +4.5m +4,455,000
16 Radcliffe Capital Management, L.P. 0.81% of their portfolio BALA CYNWYD, PA 10,500,00010.5m $9.5m $9.5m 0.81% Unchanged
17 TENOR CAPITAL MANAGEMENT Co., L.P. 0.19% of their portfolio NEW YORK, NY 10,000,00010.0m $9.1m $9.1m 0.19% New
18 FMR LLC 0.00% of their portfolio BOSTON, MA 7,500,0007.5m $6.8m $6.8m 0.00% New
19 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 7,250,0007.2m $6.6m $6.6m 0.01% Unchanged
20 BOOTHBAY FUND MANAGEMENT, LLC 0.20% of their portfolio NEW YORK, NY 7,138,0007.1m $6.5m $6.5m 0.20% Added +2.5m +2,507,000
21 ABSOLUTE INVESTMENT ADVISERS, LLC 0.88% of their portfolio ROSEMARY BEACH, FL 6,882,0006.9m $6.3m $6.3m 0.88% Added +2.0m +2,000,000
22 Wellesley Asset Management 0.49% of their portfolio PORTSMOUTH, NH 6,612,0006.6m $6.0m $6.0m 0.49% Reduced -13.9m -13,939,000
23 READYSTATE ASSET MANAGEMENT LP 0.45% of their portfolio CHICAGO, IL 5,000,0005.0m $4.5m $4.5m 0.45% Added +3.5m +3,500,000
24 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,668,0004.7m $4.3m $4.3m 0.00% Reduced -1.6m -1,564,000
25 Kohlberg Kravis Roberts & Co. L.P. 0.11% of their portfolio NEW YORK, NY 4,039,0004.0m $3.7m $3.7m 0.11% Added +860.0k +860,000
26 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 4,000,0004.0m $3.7m $3.7m 0.01% Unchanged
27 Ionic Capital Management LLC 1.29% of their portfolio NEW YORK, NY 3,500,0003.5m $3.2m $3.2m 1.29% New
28 Worth Venture Partners, LLC 1.31% of their portfolio FORT LEE, NJ 2,624,0002.6m $2.4m $2.4m 1.31% Added +1.6m +1,558,000
29 BlackRock Inc. 0.00% of their portfolio New York, NY 2,591,0002.6m $2.3m $2.3m 0.00% Reduced -725.0k -725,000
30 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,562,0002.6m $2.3m $2.3m 0.00% Reduced -1.3m -1,297,000
31 Amundi 0.00% of their portfolio Paris, I0 1,297,0001.3m $1.2m $1.2m 0.00% Unchanged
32 Lombard Odier Asset Management (Europe) Ltd 0.06% of their portfolio LONDON, X0 1,297,0001.3m $1.2m $1.2m 0.06% Unchanged
33 PROSPECTOR PARTNERS LLC 0.08% of their portfolio GUILFORD, CT 600,000600.0k $541.5k $541.5k 0.08% Unchanged
34 Northwest & Ethical Investments L.P. 0.02% of their portfolio TORONTO, A6 520,000520.0k $475.9k $475.9k 0.02% Unchanged
35 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 448,000448.0k $408.5k $408.5k 0.01% Reduced -2.2m -2,245,000
36 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 400,000400.0k $365.0k $365.0k 0.00% Unchanged
37 Liberty Mutual Group Asset Management Inc. 0.09% of their portfolio Boston, MA 400,000400.0k $361.0k $361.0k 0.09% Unchanged
38 PALISADE CAPITAL MANAGEMENT, LP 0.01% of their portfolio FORT LEE, NJ 336,000336.0k $305.9k $305.9k 0.01% Reduced -135.0k -135,000
39 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 279,000279.0k $251.8k $251.8k 0.00% Unchanged
40 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 270,000270.0k $243.7k $243.7k 0.00% Reduced -193.0k -193,000
41 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 250,000250.0k $225.6k $225.6k 0.00% Reduced -225.0k -225,000
42 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 217,000217.0k $198.1k $198.1k 0.01% Reduced -37.0k -37,000
43 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 200,000200.0k $182.8k $182.8k 0.00% Reduced -160.0k -160,000
44 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 196,000196.0k $176.9k $176.9k 0.00% Unchanged
45 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 153,000153.0k $138.1k $138.1k 0.00% Added +28.0k +28,000
46 Oaktree Fund Advisors, LLC 0.07% of their portfolio LOS ANGLES, CA 90,00090.0k $81.5k $81.5k 0.07% Unchanged
47 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 51,00051.0k $46.0k $46.0k 0.00% Unchanged
48 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 43,00043.0k $38.8k $38.8k 0.00% Unchanged
49 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 37,00037.0k $33.4k $33.4k 0.00% New
50 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 32,00032.0k $29.2k $29.2k 0.01% Reduced -5.0k -5,000
51 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 25,00025.0k $22.6k $22.6k 0.00% Unchanged
52 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 24,00024.0k $22.0k $22.0k 0.00% Unchanged
53 Iron Horse Wealth Management, LLC 0.01% of their portfolio JOHSTON, IA 16,00016.0k $14.4k $14.4k 0.01% Unchanged
54 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 15,00015.0k $13.5k $13.5k 0.00% Unchanged
55 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 14,00014.0k $12.6k $12.6k 0.00% New
56 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 7,0007.0k $6.0k $6.0k 0.00% Unchanged
57 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 5,0005.0k $451.2k $451.2k 0.00% New
58 K2 PRINCIPAL FUND, L.P. 0.87% of their portfolio TORONTO, A6 3,0003.0k $2.7m $2.7m 0.87% Added +1.5k +1,500
59 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged