Vault-13

NUVASIVE INC GMED 0.375 03.15.25

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

40 institutional holders -4 vs Q1 2024
108,045,000108.0m shares reported held*
$477.1mreported value*
7 new 7 added 9 reduced 11 sold out net bought ≈ $4.8m (-44.6m 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 ≈ $4.42.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 62Q4 22: 59Q1 23: 60Q2 23: 59Q3 23: 54Q4 23: 56Q1 24: 44Q2 24: 4040Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202262
Q4 202259
Q1 202360
Q2 202359
Q3 202354
Q4 202356
Q1 202444
Q2 202440

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 outQ2 23: 24 bought or addedQ2 23: 24 cut or sold outQ2 23Q3 23: 19 bought or addedQ3 23: 19 cut or sold outQ4 23: 25 bought or addedQ4 23: 30 cut or sold outQ4 23Q1 24: 20 bought or addedQ1 24: 35 cut or sold outQ2 24: 14 bought or addedQ2 24: 20 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221925
Q1 20232726
Q2 20232424
Q3 20231919
Q4 20232530
Q1 20242035
Q2 20241420

Biggest buyers

Opti Capital Management, LP New +46,830,000+46.8m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +44,673,000+44.7m
LORD, ABBETT & CO. LLC Added +8,598,000+8.6m
Kohlberg Kravis Roberts & Co. L.P. Added +3,234,000+3.2m
BNP PARIBAS FINANCIAL MARKETS New +2,243,000+2.2m
BARCLAYS PLC Added +313,000+313.0k
OAKTREE CAPITAL MANAGEMENT LP Added +165,000+165.0k
RAYMOND JAMES & ASSOCIATES New +72,000+72.0k
BANK OF AMERICA CORP /DE/ Added +22,500+22.5k
Creative Planning New +14,000+14.0k

Biggest sellers

Opti Capital Management, LP Sold out -46,830,000-46.8m
III Capital Management Sold out -23,000,000-23.0m
MacKay Shields LLC Reduced -13,044,000-13.0m
TORONTO DOMINION BANK Sold out -5,000,000-5.0m
BlackRock Inc. Sold out -3,416,000-3.4m
WELLINGTON MANAGEMENT GROUP LLP Reduced -2,005,000-2.0m
Jefferies Financial Group Inc. Sold out -1,905,000-1.9m
MORGAN STANLEY Reduced -1,648,000-1.6m
BOOTHBAY FUND MANAGEMENT, LLC Sold out -1,354,000-1.4m
OFI INVEST ASSET MANAGEMENT Reduced -1,207,900-1.2m

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BRAIDWELL LP 3.45% of their portfolio STAMFORD, CT 114,206,000114.2m $110.1m $110.1m 3.45% Unchanged
2 TENOR CAPITAL MANAGEMENT Co., L.P. 1.70% of their portfolio NEW YORK, NY 112,098,000112.1m $108.0m $108.0m 1.70% Added +44.7m +44,673,000
3 LORD, ABBETT & CO. LLC 0.16% of their portfolio JERSEY CITY, NJ 100,982,000101.0m $97.1m $97.1m 0.16% Added +8.6m +8,598,000
4 Opti Capital Management, LP 3.36% of their portfolio New York, NY 46,830,00046.8m $45.2m $45.2m 3.36% New
5 AVIVA PLC 0.07% of their portfolio LONDON, X0 24,410,00024.4m $23.5m $23.5m 0.07% Unchanged
6 CAPSTONE INVESTMENT ADVISORS, LLC 0.35% of their portfolio NEW YORK, NY 16,500,00016.5m $15.9m $15.9m 0.35% Unchanged
7 FMR LLC 0.00% of their portfolio BOSTON, MA 9,461,0009.5m $9.1m $9.1m 0.00% Reduced -1.0m -1,039,000
8 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,434,0009.4m $9.1m $9.1m 0.00% Unchanged
9 MacKay Shields LLC 0.27% of their portfolio New York, NY 9,068,0009.1m $8.7m $8.7m 0.27% Reduced -13.0m -13,044,000
10 PALISADE CAPITAL MANAGEMENT, LP 0.23% of their portfolio FORT LEE, NJ 8,945,0008.9m $8.6m $8.6m 0.23% Reduced -66.0k -66,000
11 OAKTREE CAPITAL MANAGEMENT LP 0.14% of their portfolio LOS ANGELES, CA 8,194,0008.2m $7.9m $7.9m 0.14% Added +165.0k +165,000
12 Kohlberg Kravis Roberts & Co. L.P. 0.20% of their portfolio NEW YORK, NY 6,803,0006.8m $6.6m $6.6m 0.20% Added +3.2m +3,234,000
13 OFI INVEST ASSET MANAGEMENT 0.16% of their portfolio ISSY LES MOULINEAUX, I0 6,700,0006.7m $6.0m $6.0m 0.16% Reduced -1.2m -1,207,900
14 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 4,000,0004.0m $3.8m $3.8m 0.00% Unchanged
15 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 4,000,0004.0m $3.8m $3.8m 0.00% Unchanged
16 Magnetar Financial LLC 0.06% of their portfolio EVANSTON, IL 3,035,0003.0m $2.9m $2.9m 0.06% Unchanged
17 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 2,243,0002.2m $2.2m $2.2m 0.00% New
18 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,690,0001.7m $1.6m $1.6m 0.00% Reduced -2.0m -2,005,000
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 824,000824.0k $791.0k $791.0k 0.00% Reduced -1.6m -1,648,000
20 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 604,000604.0k $579.8k $579.8k 0.00% Added +313.0k +313,000
21 PROSPECTOR PARTNERS LLC 0.07% of their portfolio GUILFORD, CT 600,000600.0k $576.0k $576.0k 0.07% Unchanged
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 522,500522.5k $501.6k $501.6k 0.00% Added +22.5k +22,500
23 Northwest & Ethical Investments L.P. 0.01% of their portfolio TORONTO, A6 520,000520.0k $501.6k $501.6k 0.01% Unchanged
24 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 290,000290.0k $279.0k $279.0k 0.00% Unchanged
25 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 279,000279.0k $267.8k $267.8k 0.00% Unchanged
26 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 249,000249.0k $240.0k $240.0k 0.00% Unchanged
27 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 242,000242.0k $232.3k $232.3k 0.00% Reduced -373.0k -373,000
28 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 72,00072.0k $69.1k $69.1k 0.00% New
29 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 63,00063.0k $60.5k $60.5k 0.00% Added +12.0k +12,000
30 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 51,00051.0k $49.0k $49.0k 0.00% Unchanged
31 Virtus Investment Advisers, LLC 0.03% of their portfolio HARTFORD, CT 39,00039.0k $37.4k $37.4k 0.03% Unchanged
32 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 37,00037.0k $35.5k $35.5k 0.00% Unchanged
33 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 14,00014.0k $13.5k $13.5k 0.00% New
34 GRAHAM CAPITAL WEALTH MANAGEMENT, LLC 0.02% of their portfolio WASHINGTON, DC 14,00014.0k $13.4k $13.4k 0.02% Unchanged
35 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 7,0007.0k $6.7k $6.7k 0.00% New
36 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 7,0007.0k $7.0k $7.0k 0.00% Reduced -12.0k -12,000
37 UBS Group AG 0.00% of their portfolio ZURICH, V8 4,0004.0k $3.8k $3.8k 0.00% New
38 K2 PRINCIPAL FUND, L.P. 0.51% of their portfolio TORONTO, A6 2,3962.4k $2.3m $2.3m 0.51% Reduced -3.6k -3,604
39 Chicago Capital Management, LLC 0.29% of their portfolio CHICAGO, IL 390390 $375.0k $375.0k 0.29% New
40 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged