Vault-13

PACIRA BIOSCIENCES INC PCRX 0.75 08.01.25

NOTE 0.750% 8/0 · US DOMESTIC · CUSIP 695127AF7

33 institutional holders -2 vs Q1 2025
4,938,0004.9m shares reported held*
$196.7mreported value*
3 new 4 added 1 reduced 5 sold out net sold ≈ $2.4m (+4.2m 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 ≈ $39.82.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 49Q4 22: 41Q1 23: 41Q2 23: 46Q3 23: 41Q4 23: 45Q1 24: 39Q2 24: 34Q3 24: 34Q4 24: 38Q1 25: 35Q2 25: 3333Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202249
Q4 202241
Q1 202341
Q2 202346
Q3 202341
Q4 202345
Q1 202439
Q2 202434
Q3 202434
Q4 202438
Q1 202535
Q2 202533

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 23: 12 bought or addedQ3 23: 20 cut or sold outQ4 23: 14 bought or addedQ4 23: 16 cut or sold outQ4 23Q1 24: 15 bought or addedQ1 24: 22 cut or sold outQ2 24: 13 bought or addedQ2 24: 26 cut or sold outQ2 24Q3 24: 14 bought or addedQ3 24: 14 cut or sold outQ4 24: 12 bought or addedQ4 24: 9 cut or sold outQ4 24Q1 25: 9 bought or addedQ1 25: 10 cut or sold outQ2 25: 7 bought or addedQ2 25: 6 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20231220
Q4 20231416
Q1 20241522
Q2 20241326
Q3 20241414
Q4 2024129
Q1 2025910
Q2 202576

Biggest buyers

BERKLEY W R CORP New +4,247,000+4.2m
Radcliffe Capital Management, L.P. Added +3,700,000+3.7m
PIPER SANDLER & CO. Added +3,000,000+3.0m
JPMORGAN CHASE & CO Added +99,000+99.0k
DEUTSCHE BANK AG\ New +53,000+53.0k
Capital Investment Advisory Services, LLC New +50,000+50.0k
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS Added +10,000+10.0k

Biggest sellers

OAKTREE CAPITAL MANAGEMENT LP Sold out -7,556,000-7.6m
Russell Investments Group, Ltd. Sold out -5,705,000-5.7m
Wellesley Asset Management Reduced -268,000-268.0k
B. Riley Wealth Advisors, Inc. Sold out -50,000-50.0k
J.W. COLE ADVISORS, INC. Sold out -18,000-18.0k
MAI Capital Management Sold out -10,000-10.0k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 OSTERWEIS CAPITAL MANAGEMENT INC 1.44% of their portfolio SAN FRANCISCO, CA 30,327,00030.3m $30.1m $30.1m 1.44% Unchanged
2 Linden Advisors LP 0.16% of their portfolio New York, NY 25,916,00025.9m $25.8m $25.8m 0.16% Unchanged
3 LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 22,662,00022.7m $22.5m $22.5m 0.03% Unchanged
4 TENOR CAPITAL MANAGEMENT Co., L.P. 0.26% of their portfolio NEW YORK, NY 19,582,00019.6m $19.5m $19.5m 0.26% Unchanged
5 Opti Capital Management, LP 1.06% of their portfolio New York, NY 18,684,00018.7m $18.6m $18.6m 1.06% Unchanged
6 Radcliffe Capital Management, L.P. 1.26% of their portfolio BALA CYNWYD, PA 16,688,00016.7m $16.5m $16.5m 1.26% Added +3.7m +3,700,000
7 CAPSTONE INVESTMENT ADVISORS, LLC 0.09% of their portfolio NEW YORK, NY 10,907,00010.9m $10.8m $10.8m 0.09% Unchanged
8 Wellesley Asset Management 1.00% of their portfolio PORTSMOUTH, NH 10,561,00010.6m $10.5m $10.5m 1.00% Reduced -268.0k -268,000
9 FMR LLC 0.00% of their portfolio BOSTON, MA 10,000,00010.0m $9.9m $9.9m 0.00% Unchanged
10 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 7,653,0007.7m $7.6m $7.6m 0.01% Unchanged
11 PALISADE CAPITAL MANAGEMENT, LP 0.19% of their portfolio FORT LEE, NJ 6,831,0006.8m $6.8m $6.8m 0.19% Unchanged
12 PIPER SANDLER & CO. 3.96% of their portfolio MINNEAPOLIS, MN 5,154,0005.2m $5.1m $5.1m 3.96% Added +3.0m +3,000,000
13 BERKLEY W R CORP 0.26% of their portfolio Greenwich, CT 4,247,0004.2m $4.2m $4.2m 0.26% New
14 Aequim Alternative Investments LP 0.11% of their portfolio MILL VALLEY, CA 3,298,0003.3m $3.3m $3.3m 0.11% Unchanged
15 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 1,048,0001.0m $1.0m $1.0m 0.00% Unchanged
16 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 746,000746.0k $741.3k $741.3k 0.00% Unchanged
17 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio HARRISBURG, PA 590,000590.0k $584.9k $584.9k 0.00% Added +10.0k +10,000
18 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 493,000493.0k $488.7k $488.7k 0.00% Unchanged
19 ZAZOVE ASSOCIATES LLC 0.03% of their portfolio INCLINE VILLAGE, NV 400,000400.0k $397.9k $397.9k 0.03% Unchanged
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 110,000110.0k $109.3k $109.3k 0.00% Added +99.0k +99,000
21 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 53,00053.0k $52.5k $52.5k 0.00% New
22 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 50,00050.0k $49.6k $49.6k 0.00% New
23 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 36,00036.0k $35.7k $35.7k 0.00% Unchanged
24 SFMG, LLC 0.00% of their portfolio PLANO, TX 24,00024.0k $23.7k $23.7k 0.00% Unchanged
25 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 23,00023.0k $22.9k $22.9k 0.00% Unchanged
26 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 20,00020.0k $19.8k $19.8k 0.00% Unchanged
27 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 16,00016.0k $1.6m $1.6m 0.01% Unchanged
28 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 15,00015.0k $14.9k $14.9k 0.00% Unchanged
29 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 12,00012.0k $11.9k $11.9k 0.00% Unchanged
30 Asset Dedication, LLC 0.00% of their portfolio SAN FRANCISCO, CA 10,00010.0k $9.9k $9.9k 0.00% Unchanged
31 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 10,00010.0k $9.9k $9.9k 0.00% Unchanged
32 Sensible Money, LLC 0.00% of their portfolio SCOTTSDALE, AZ 10,00010.0k $9.9k $9.9k 0.00% Unchanged
33 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged