Vault-13

SSR MINING IN SSRMCN 2.5 04.01.39

NOTE 2.500% 4/0 · GLOBAL · CUSIP 784730AB9

23 institutional holders -1 vs Q1 2025
13,000,00013.0m shares reported held*
$208.3mreported value*
1 new 4 added 4 reduced 2 sold out net sold ≈ $1.4m

* 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 ≈ $16.03.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 24Q4 22: 25Q1 23: 23Q2 23: 21Q3 23: 24Q4 23: 24Q1 24: 25Q2 24: 20Q3 24: 21Q4 24: 24Q1 25: 24Q2 25: 2323Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202224
Q4 202225
Q1 202323
Q2 202321
Q3 202324
Q4 202324
Q1 202425
Q2 202420
Q3 202421
Q4 202424
Q1 202524
Q2 202523

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q3 23: 7 bought or addedQ3 23: 4 cut or sold outQ4 23: 9 bought or addedQ4 23: 8 cut or sold outQ4 23Q1 24: 12 bought or addedQ1 24: 17 cut or sold outQ2 24: 5 bought or addedQ2 24: 7 cut or sold outQ2 24Q3 24: 8 bought or addedQ3 24: 7 cut or sold outQ4 24: 12 bought or addedQ4 24: 8 cut or sold outQ4 24Q1 25: 5 bought or addedQ1 25: 7 cut or sold outQ2 25: 5 bought or addedQ2 25: 6 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202374
Q4 202398
Q1 20241217
Q2 202457
Q3 202487
Q4 2024128
Q1 202557
Q2 202556

Biggest buyers

MILLENNIUM MANAGEMENT LLC New +12,000,000+12.0m
Jump Financial, LLC Added +4,000,000+4.0m
WELLS FARGO & COMPANY/MN Added +2,500,000+2.5m
Jefferies Financial Group Inc. Added +500,000+500.0k
Context Capital Management, LLC Added +2,500+2.5k

Biggest sellers

HIGHBRIDGE CAPITAL MANAGEMENT LLC Reduced -13,000,000-13.0m
Tetragon Partners GP Ltd Sold out -4,000,000-4.0m
Paloma Partners Management Co Reduced -2,500,000-2.5m
OAKTREE CAPITAL MANAGEMENT LP Reduced -454,000-454.0k
WOLVERINE ASSET MANAGEMENT LLC Reduced -362,000-362.0k
K2 PRINCIPAL FUND, L.P. Sold out -2,888-2.9k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Paloma Partners Management Co 10.13% of their portfolio GREENWICH, CT 42,769,00042.8m $44.7m $44.7m 10.13% Reduced -2.5m -2,500,000
2 PenderFund Capital Management Ltd. 5.38% of their portfolio VANCOUVER, A1 21,987,00022.0m $22.7m $22.7m 5.38% Unchanged
3 WOLVERINE ASSET MANAGEMENT LLC 0.35% of their portfolio CHICAGO, IL 20,042,00020.0m $20.8m $20.8m 0.35% Reduced -362.0k -362,000
4 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.68% of their portfolio NEW YORK, NY 12,675,00012.7m $13.2m $13.2m 0.68% Reduced -13.0m -13,000,000
5 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 12,000,00012.0m $12.4m $12.4m 0.01% New
6 Jump Financial, LLC 0.11% of their portfolio Chicago, IL 9,000,0009.0m $9.3m $9.3m 0.11% Added +4.0m +4,000,000
7 MIZUHO SECURITIES USA LLC 0.15% of their portfolio NEW YORK, NY 7,000,0007.0m $7.2m $7.2m 0.15% First filing
8 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 6,785,0006.8m $7.1m $7.1m 0.00% Added +2.5m +2,500,000
9 ARISTEIA CAPITAL, L.L.C. 0.18% of their portfolio GREENWICH, CT 6,000,0006.0m $6.2m $6.2m 0.18% Unchanged
10 ABSOLUTE INVESTMENT ADVISERS, LLC 0.77% of their portfolio ROSEMARY BEACH, FL 6,000,0006.0m $6.2m $6.2m 0.77% Unchanged
11 Pinnacle Holdings, LLC 0.94% of their portfolio TULSA, OK 2,530,0002.5m $2.6m $2.6m 0.94% Unchanged
12 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 2,449,0002.4m $2.5m $2.5m 0.00% Unchanged
13 OAKTREE CAPITAL MANAGEMENT LP 0.05% of their portfolio LOS ANGELES, CA 2,419,0002.4m $2.5m $2.5m 0.05% Reduced -454.0k -454,000
14 Jefferies Financial Group Inc. 0.02% of their portfolio NEW YORK, NY 1,332,0001.3m $1.4m $1.4m 0.02% Added +500.0k +500,000
15 ADVENT CAPITAL MANAGEMENT /DE/ 0.02% of their portfolio NEW YORK, NY 1,058,0001.1m $1.1m $1.1m 0.02% Unchanged
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,031,0001.0m $1.1m $1.1m 0.00% Unchanged
17 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 557,000557.0k $575.9k $575.9k 0.00% Unchanged
18 ZAZOVE ASSOCIATES LLC 0.04% of their portfolio INCLINE VILLAGE, NV 430,000430.0k $452.6k $452.6k 0.04% Unchanged
19 Context Capital Management, LLC 1.41% of their portfolio LAJOLLA, CA 40,09640.1k $41.6m $41.6m 1.41% Added +2.5k +2,500
20 SG Americas Securities, LLC 0.02% of their portfolio NEW YORK, NY 34,42034.4k $3.6m $3.6m 0.02% Unchanged
21 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 10,00010.0k $10.3k $10.3k 0.00% Unchanged
22 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged
23 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 00 $1.0m $1.0m 0.00% Unchanged