Vault-13

VROOM INC VRM 0.75 07.01.26

NOTE 0.750% 7/0 · US DOMESTIC · CUSIP 92918VAB5

19 institutional holders -2 vs Q1 2023
300,000300.0k shares reported held*
$157.2mreported value*
0 new 2 added 5 reduced 2 sold out net sold ≈ $8.2m (-2.0m 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 ($185.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $524.72.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 33Q4 22: 23Q1 23: 21Q2 23: 1919Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202233
Q4 202223
Q1 202321
Q2 202319

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 5 bought or addedQ4 22: 21 cut or sold outQ4 22Q1 23: 4 bought or addedQ1 23: 9 cut or sold outQ1 23Q2 23: 2 bought or addedQ2 23: 7 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022521
Q1 202349
Q2 202327

Biggest buyers

Mudrick Capital Management, L.P. Added +1,775,000+1.8m
SILVERBACK ASSET MANAGEMENT LLC Added +1,555,000+1.6m

Biggest sellers

D. E. Shaw & Co., Inc. Sold out -9,500,000-9.5m
WHITEBOX ADVISORS LLC Sold out -5,975,000-6.0m
JANE STREET GROUP, LLC Reduced -2,025,000-2.0m
EMG Holdings, L.P. Reduced -1,805,000-1.8m
BANK OF AMERICA CORP /DE/ Reduced -1,000,000-1.0m
BlackRock Inc. Reduced -575,000-575.0k
Alken Asset Management Ltd Reduced -600-600

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Mudrick Capital Management, L.P. 30.27% of their portfolio NEW YORK, NY 155,534,000155.5m $77.7m $77.7m 30.27% Added +1.8m +1,775,000
2 REDWOOD CAPITAL MANAGEMENT, LLC 4.06% of their portfolio New York, NY 58,930,00058.9m $27.7m $27.7m 4.06% Unchanged
3 SILVERBACK ASSET MANAGEMENT LLC 1.79% of their portfolio DURHAM, NC 27,396,00027.4m $13.2m $13.2m 1.79% Added +1.6m +1,555,000
4 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 18,000,00018.0m $8.2m $8.2m 0.00% Reduced -1.0m -1,000,000
5 Calamos Advisors LLC 0.04% of their portfolio NAPERVILLE, IL 17,012,00017.0m $7.9m $7.9m 0.04% Unchanged
6 LMR Partners LLP 0.18% of their portfolio LONDON, X0 17,000,00017.0m $7.9m $7.9m 0.18% Unchanged
7 TENOR CAPITAL MANAGEMENT Co., L.P. 0.08% of their portfolio NEW YORK, NY 7,500,0007.5m $3.8m $3.8m 0.08% Unchanged
8 EMG Holdings, L.P. 2.03% of their portfolio OLD GREENWICH, CT 7,200,0007.2m $3.4m $3.4m 2.03% Reduced -1.8m -1,805,000
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 6,100,0006.1m $2.8m $2.8m 0.00% Unchanged
10 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 3,000,0003.0m $1.4m $1.4m 0.00% Unchanged
11 BlackRock Inc. 0.00% of their portfolio New York, NY 2,025,0002.0m $918.9k $918.9k 0.00% Reduced -575.0k -575,000
12 SONA ASSET MANAGEMENT (US) LLC 0.18% of their portfolio NEW YORK, NY 1,600,0001.6m $768.0k $768.0k 0.18% Unchanged
13 CAPSTONE INVESTMENT ADVISORS, LLC 0.02% of their portfolio NEW YORK, NY 1,500,0001.5m $688.2k $688.2k 0.02% Unchanged
14 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,000,0001.0m $465.0k $465.0k 0.00% Unchanged
15 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 728,000728.0k $330.4k $330.4k 0.00% Unchanged
16 Paloma Partners Management Co 0.04% of their portfolio GREENWICH, CT 400,000400.0k $185.3k $185.3k 0.04% Unchanged
17 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 300,000300.0k $141.4k $141.4k 0.00% Reduced -2.0m -2,025,000
18 Alken Asset Management Ltd 0.01% of their portfolio LONDON, X0 600600 $275 $275 0.01% Reduced -600 -600
19 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged