Vault-13

NUVASIVE INC GMED 1 06.01.23

NOTE 1.000% 6/0 · US DOMESTIC · CUSIP 670704AL9

31 institutional holders -1 vs Q4 2022
10,638,00010.6m shares reported held*
$471.6mreported value*
8 new 5 added 10 reduced 9 sold out net bought ≈ $10.8m (+7.4m 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. Holder counts are more reliable. Implied quarter-end price ≈ $44.33.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 29Q4 22: 32Q1 23: 3131Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202229
Q4 202232
Q1 202331

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 17 bought or addedQ4 22: 9 cut or sold outQ4 22Q1 23: 13 bought or addedQ1 23: 19 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022179
Q1 20231319

Biggest buyers

BRAIDWELL LP Added +35,000,000+35.0m
Radcliffe Capital Management, L.P. New +34,554,000+34.6m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +32,500,000+32.5m
HIGHBRIDGE CAPITAL MANAGEMENT LLC New +20,000,000+20.0m
Opti Capital Management, LP Added +8,500,000+8.5m
CAPSTONE INVESTMENT ADVISORS, LLC Added +5,000,000+5.0m
TRUIST FINANCIAL CORP New +4,608,000+4.6m
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS New +2,830,000+2.8m
WELLS FARGO & COMPANY/MN Added +2,500,000+2.5m
FEDERATED HERMES, INC. New +2,059,000+2.1m

Biggest sellers

DEERFIELD MANAGEMENT COMPANY, L.P. Sold out -96,966,000-97.0m
ADVENT CAPITAL MANAGEMENT /DE/ Sold out -13,100,000-13.1m
BLUEFIN CAPITAL MANAGEMENT, LLC Sold out -5,000,000-5.0m
Birch Grove Capital LP Sold out -4,500,000-4.5m
BlackRock Inc. Sold out -3,886,000-3.9m
STATE STREET CORP Reduced -2,700,000-2.7m
PIER 88 INVESTMENT PARTNERS LLC Sold out -2,670,000-2.7m
OAKTREE CAPITAL MANAGEMENT LP Reduced -1,842,000-1.8m
Linden Advisors LP Sold out -1,693,000-1.7m
BANK OF AMERICA CORP /DE/ Reduced -1,245,000-1.2m

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 2.57% of their portfolio NEW YORK, NY 130,039,000130.0m $129.4m $129.4m 2.57% Added +32.5m +32,500,000
2 LAZARD ASSET MANAGEMENT LLC 0.07% of their portfolio NEW YORK, NY 55,000,00055.0m $54.6m $54.6m 0.07% Reduced -500.0k -500,000
3 BRAIDWELL LP 1.69% of their portfolio STAMFORD, CT 51,500,00051.5m $51.1m $51.1m 1.69% Added +35.0m +35,000,000
4 CAPSTONE INVESTMENT ADVISORS, LLC 1.19% of their portfolio NEW YORK, NY 38,750,00038.8m $38.5m $38.5m 1.19% Added +5.0m +5,000,000
5 Opti Capital Management, LP 2.84% of their portfolio New York, NY 35,410,00035.4m $35.1m $35.1m 2.84% Added +8.5m +8,500,000
6 Radcliffe Capital Management, L.P. 2.13% of their portfolio BALA CYNWYD, PA 34,554,00034.6m $34.1m $34.1m 2.13% New
7 D. E. Shaw & Co., Inc. 0.04% of their portfolio New York, NY 24,822,00024.8m $24.6m $24.6m 0.04% Reduced -1.0m -1,000,000
8 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.93% of their portfolio NEW YORK, NY 20,000,00020.0m $19.8m $19.8m 0.93% New
9 OAKTREE CAPITAL MANAGEMENT LP 0.13% of their portfolio LOS ANGELES, CA 11,744,00011.7m $11.7m $11.7m 0.13% Reduced -1.8m -1,842,000
10 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 10,609,00010.6m $10.5m $10.5m 0.00% Added +2.5m +2,500,000
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 8,133,0008.1m $8.1m $8.1m 0.00% Reduced -2.7m -2,700,000
12 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 6,361,0006.4m $6.3m $6.3m 0.00% Reduced -1.2m -1,245,000
13 PALISADE CAPITAL MANAGEMENT, LP 0.14% of their portfolio FORT LEE, NJ 5,327,0005.3m $5.3m $5.3m 0.14% Reduced -500.0k -500,000
14 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 4,608,0004.6m $4.6m $4.6m 0.01% New
15 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 4,000,0004.0m $4.0m $4.0m 0.00% Unchanged
16 Amundi 0.00% of their portfolio Paris, I0 3,050,0003.0m $3.0m $3.0m 0.00% Unchanged
17 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 3,000,0003.0m $3.0m $3.0m 0.01% Unchanged
18 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 2,830,0002.8m $2.8m $2.8m 0.02% New
19 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 2,644,0002.6m $2.6m $2.6m 0.01% Reduced -9.0k -9,000
20 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 2,059,0002.1m $2.1m $2.1m 0.01% New
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 844,000844.0k $836.0k $836.0k 0.00% Reduced -744.0k -744,000
22 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 571,000571.0k $565.6k $565.6k 0.00% Reduced -156.0k -156,000
23 Kohlberg Kravis Roberts & Co. L.P. 0.01% of their portfolio NEW YORK, NY 500,000500.0k $496.6k $496.6k 0.01% New
24 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 430,000430.0k $426.0k $426.0k 0.00% Unchanged
25 NOMURA HOLDINGS INC 0.16% of their portfolio TOKYO, M0 390,203390.2k $16.1m $16.1m 0.16% Reduced -32.2k -32,176
26 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $198.0k $198.0k 0.00% Unchanged
27 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 42,00042.0k $41.4k $41.4k 0.00% Unchanged
28 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 35,00035.0k $34.5k $34.5k 0.00% Unchanged
29 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 25,00025.0k $24.7k $24.7k 0.00% New
30 K2 PRINCIPAL FUND, L.P. 0.45% of their portfolio TORONTO, A6 1,6701.7k $1.7m $1.7m 0.45% New
31 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged