Vault-13

PETIQ INC PETQ 4 06.01.26

NOTE 4.000% 6/0 · US DOMESTIC · CUSIP 71639TAB2

29 institutional holders +5 vs Q2 2023
11,906,02811.9m shares reported held*
$142.4mreported value*
6 new 2 added 9 reduced 1 sold out net bought ≈ $623.1k (+679.0k 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 ($2.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.16.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 23Q4 22: 22Q1 23: 23Q2 23: 24Q3 23: 2929Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202223
Q4 202222
Q1 202323
Q2 202324
Q3 202329

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q4 22: 6 bought or addedQ4 22: 8 cut or sold outQ4 22Q1 23: 6 bought or addedQ1 23: 4 cut or sold outQ1 23Q2 23: 5 bought or addedQ2 23: 3 cut or sold outQ2 23Q3 23: 8 bought or addedQ3 23: 10 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 202268
Q1 202364
Q2 202353
Q3 2023810

Biggest buyers

DeepCurrents Investment Group LLC New +7,953,000+8.0m
HIGHBRIDGE CAPITAL MANAGEMENT LLC New +6,201,000+6.2m
ABSOLUTE INVESTMENT ADVISERS, LLC Added +1,354,000+1.4m
LAZARD ASSET MANAGEMENT LLC Added +1,000,000+1.0m
WOLVERINE ASSET MANAGEMENT LLC New +660,000+660.0k
COMERICA BANK New +13,000+13.0k
Context Capital Management, LLC New +4,000+4.0k
Verition Fund Management LLC New +2,511+2.5k

Biggest sellers

Wellesley Asset Management Reduced -12,665,831-12.7m
GABELLI FUNDS LLC Reduced -2,000,000-2.0m
PIER 88 INVESTMENT PARTNERS LLC Reduced -590,000-590.0k
RATIONAL ADVISORS, INC. Reduced -590,000-590.0k
ZAZOVE ASSOCIATES LLC Reduced -295,000-295.0k
Jefferies Financial Group Inc. Reduced -289,000-289.0k
Cetera Advisors LLC Reduced -54,000-54.0k
ENVESTNET ASSET MANAGEMENT INC Sold out -44,000-44.0k
D.A. DAVIDSON & CO. Reduced -20,000-20.0k
Rehmann Capital Advisory Group Reduced -16-16

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Wellesley Asset Management 2.10% of their portfolio PORTSMOUTH, NH 43,391,65543.4m $42.2m $42.2m 2.10% Reduced -12.7m -12,665,831
2 LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 25,461,00025.5m $24.8m $24.8m 0.03% Added +1.0m +1,000,000
3 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.35% of their portfolio CHICAGO, IL 20,000,00020.0m $19.5m $19.5m 0.35% Unchanged
4 ZAZOVE ASSOCIATES LLC 1.65% of their portfolio INCLINE VILLAGE, NV 16,320,00016.3m $15.9m $15.9m 1.65% Reduced -295.0k -295,000
5 ABSOLUTE INVESTMENT ADVISERS, LLC 1.55% of their portfolio ROSEMARY BEACH, FL 11,157,00011.2m $10.9m $10.9m 1.55% Added +1.4m +1,354,000
6 DeepCurrents Investment Group LLC 0.36% of their portfolio NEW YORK, NY 7,953,0008.0m $7.8m $7.8m 0.36% New
7 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.34% of their portfolio NEW YORK, NY 6,201,0006.2m $6.0m $6.0m 0.34% New
8 GABELLI FUNDS LLC 0.03% of their portfolio Rye, NY 3,760,0003.8m $3.7m $3.7m 0.03% Reduced -2.0m -2,000,000
9 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,529,0003.5m $3.4m $3.4m 0.00% Unchanged
10 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 660,000660.0k $646.8k $646.8k 0.01% New
11 AQR Arbitrage LLC 0.03% of their portfolio Greenwich, CT 653,000653.0k $635.5k $635.5k 0.03% Unchanged
12 Teton Advisors, Inc. 0.19% of their portfolio Rye, NY 640,000640.0k $624.5k $624.5k 0.19% Unchanged
13 RATIONAL ADVISORS, INC. 0.06% of their portfolio San Juan, PR 635,000635.0k $614.8k $614.8k 0.06% Reduced -590.0k -590,000
14 PIER 88 INVESTMENT PARTNERS LLC 0.15% of their portfolio SAN FRANCISCO, CA 635,000635.0k $614.8k $614.8k 0.15% Reduced -590.0k -590,000
15 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 549,000549.0k $536.1k $536.1k 0.01% Reduced -289.0k -289,000
16 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 300,000300.0k $292.7k $292.7k 0.00% Unchanged
17 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 110,000110.0k $105.5k $105.5k 0.00% Reduced -20.0k -20,000
18 Cetera Advisors LLC 0.00% of their portfolio DENVER, CO 48,00048.0k $46.5k $46.5k 0.00% Reduced -54.0k -54,000
19 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 17,00017.0k $16.5k $16.5k 0.00% Unchanged
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 16,00016.0k $15.5k $15.5k 0.00% Unchanged
21 Leisure Capital Management 0.01% of their portfolio COSTA MESA, CA 14,00014.0k $13.8k $13.8k 0.01% Unchanged
22 COMERICA BANK 0.00% of their portfolio DALLAS, TX 13,00013.0k $12.6k $12.6k 0.00% New
23 Mariner, LLC 0.00% of their portfolio Overland Park, KS 13,00013.0k $12.7k $12.7k 0.00% Unchanged
24 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 13,00013.0k $12.6k $12.6k 0.00% Unchanged
25 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 13,00013.0k $12.8k $12.8k 0.00% Unchanged
26 Context Capital Management, LLC 0.32% of their portfolio LAJOLLA, CA 4,0004.0k $3.9m $3.9m 0.32% New
27 Verition Fund Management LLC 0.03% of their portfolio GREENWICH, CT 2,5112.5k $2.4m $2.4m 0.03% New
28 Rehmann Capital Advisory Group 0.00% of their portfolio LANSING, MI 2828 $27.1k $27.1k 0.00% Reduced -16 -16
29 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged