Vault-13

TABULA RASA HEALTHCARE INC TRHC 1.75 02.15.26

NOTE 1.750% 2/1 · US DOMESTIC · CUSIP 873379AA9

17 institutional holders -4 vs Q4 2022
8,791,0008.8m shares reported held*
$257.0mreported value*
2 new 0 added 3 reduced 6 sold out net bought ≈ $1.1m (+5.7m 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 ≈ $29.24.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 18Q4 22: 21Q1 23: 1717Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202218
Q4 202221
Q1 202317

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q4 22: 4 bought or addedQ4 22: 6 cut or sold outQ4 22Q1 23: 2 bought or addedQ1 23: 9 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 202246
Q1 202329

Biggest buyers

Irenic Capital Management LP New +9,590,000+9.6m
Repertoire Partners LP New +5,675,000+5.7m

Biggest sellers

Repertoire Partners LP Sold out -5,479,000-5.5m
Birch Grove Capital LP Reduced -5,301,000-5.3m
PenderFund Capital Management Ltd. Sold out -1,789,000-1.8m
SILVERBACK ASSET MANAGEMENT LLC Reduced -1,371,000-1.4m
BlackRock Inc. Reduced -875,000-875.0k
ROYAL BANK OF CANADA Sold out -500,000-500.0k
SCHRODER INVESTMENT MANAGEMENT GROUP Sold out -257,000-257.0k
Federation des caisses Desjardins du Quebec Sold out -75,000-75.0k
MacKay Shields LLC Sold out -75,000-75.0k

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 DEERFIELD MANAGEMENT COMPANY, L.P. 2.61% of their portfolio New York, NY 144,516,000144.5m $117.3m $117.3m 2.61% Unchanged
2 Indaba Capital Management, L.P. 22.39% of their portfolio SAN FRANCISCO, CA 89,728,00089.7m $72.4m $72.4m 22.39% Unchanged
3 Birch Grove Capital LP 19.25% of their portfolio New York, NY 25,576,00025.6m $21.0m $21.0m 19.25% Reduced -5.3m -5,301,000
4 AVIVA PLC 0.06% of their portfolio LONDON, X0 15,000,00015.0m $12.2m $12.2m 0.06% Unchanged
5 SILVERBACK ASSET MANAGEMENT LLC 1.31% of their portfolio DURHAM, NC 10,264,00010.3m $8.2m $8.2m 1.31% Reduced -1.4m -1,371,000
6 Irenic Capital Management LP 3.25% of their portfolio NEW YORK, NY 9,590,0009.6m $7.8m $7.8m 3.25% New
7 Calamos Advisors LLC 0.03% of their portfolio NAPERVILLE, IL 6,821,0006.8m $5.6m $5.6m 0.03% Unchanged
8 Repertoire Partners LP 1.37% of their portfolio NEW YORK, NY 5,675,0005.7m $4.7m $4.7m 1.37% New
9 ABSOLUTE INVESTMENT ADVISERS, LLC 0.36% of their portfolio ROSEMARY BEACH, FL 3,086,0003.1m $2.4m $2.4m 0.36% Unchanged
10 AGF MANAGEMENT LTD 0.02% of their portfolio TORONTO, A6 3,000,0003.0m $2.5m $2.5m 0.02% Unchanged
11 BlackRock Inc. 0.00% of their portfolio New York, NY 2,003,0002.0m $1.6m $1.6m 0.00% Reduced -875.0k -875,000
12 CAPSTONE INVESTMENT ADVISORS, LLC 0.03% of their portfolio NEW YORK, NY 1,000,0001.0m $833.4k $833.4k 0.03% Unchanged
13 PIER 88 INVESTMENT PARTNERS LLC 0.06% of their portfolio SAN FRANCISCO, CA 300,000300.0k $250.0k $250.0k 0.06% Unchanged
14 PRELUDE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 250,000250.0k $208.4k $208.4k 0.01% Unchanged
15 Stockman Wealth Management, Inc. 0.01% of their portfolio BILLINGS, MT 30,00030.0k $24.4k $24.4k 0.01% Unchanged
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 12,00012.0k $9.9k $9.9k 0.00% Unchanged
17 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged