Vault-13

TRANSOCEAN INC RIG 4 12.15.25 *

DEB 4.000%12/1 · GLOBAL · CUSIP 893830BT5

7 institutional holders -1 vs Q1 2025
50,316,00050.3m shares reported held*
$165.4mreported value*
1 new 1 added 2 reduced 2 sold out net sold ≈ $49.8m (+49.9m 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 ≈ $3.29.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

01020Q3 22: 14Q4 22: 16Q1 23: 13Q2 23: 13Q3 23: 12Q4 23: 9Q1 24: 8Q2 24: 8Q3 24: 10Q4 24: 9Q1 25: 8Q2 25: 77Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202214
Q4 202216
Q1 202313
Q2 202313
Q3 202312
Q4 20239
Q1 20248
Q2 20248
Q3 202410
Q4 20249
Q1 20258
Q2 20257

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q3 23: 5 bought or addedQ3 23: 3 cut or sold outQ4 23: 2 bought or addedQ4 23: 9 cut or sold outQ4 23Q1 24: 2 bought or addedQ1 24: 3 cut or sold outQ2 24: 1 bought or addedQ2 24: 3 cut or sold outQ2 24Q3 24: 2 bought or addedQ3 24: 4 cut or sold outQ4 24: 2 bought or addedQ4 24: 3 cut or sold outQ4 24Q1 25: 2 bought or addedQ1 25: 4 cut or sold outQ2 25: 2 bought or addedQ2 25: 4 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202353
Q4 202329
Q1 202423
Q2 202413
Q3 202424
Q4 202423
Q1 202524
Q2 202524

Biggest buyers

Graham Capital Management, L.P. New +26,691,000+26.7m
CARRONADE CAPITAL MANAGEMENT, LP Added +23,225,000+23.2m

Biggest sellers

Graham Capital Management, L.P. Sold out -39,076,000-39.1m
Hudson Bay Capital Management LP Reduced -35,501,000-35.5m
ARISTEIA CAPITAL, L.L.C. Reduced -1,500,000-1.5m
BANK OF AMERICA CORP /DE/ Sold out -270,000-270.0k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Hudson Bay Capital Management LP 0.54% of their portfolio STAMFORD, CT 80,376,00080.4m $82.0m $82.0m 0.54% Reduced -35.5m -35,501,000
2 Graham Capital Management, L.P. 0.85% of their portfolio ROWAYTON, CT 26,691,00026.7m $27.8m $27.8m 0.85% New
3 CARRONADE CAPITAL MANAGEMENT, LP 3.27% of their portfolio DARIEN, CT 23,625,00023.6m $23.6m $23.6m 3.27% Added +23.2m +23,225,000
4 ARISTEIA CAPITAL, L.L.C. 0.52% of their portfolio GREENWICH, CT 18,292,00018.3m $18.3m $18.3m 0.52% Reduced -1.5m -1,500,000
5 CSS LLC/IL 0.87% of their portfolio CHICAGO, IL 13,678,00013.7m $13.7m $13.7m 0.87% Unchanged
6 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 4,0004.0k $4.0k $4.0k 0.00% Unchanged
7 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged