Vault-13

ALTAIR ENGR INC ALTR 1.75 06.15.27

NOTE 1.750% 6/1 · US DOMESTIC · CUSIP 021369AC7

29 institutional holders +6 vs Q1 2024
40,802,07640.8m shares reported held*
$353.1mreported value*
6 new 2 added 12 reduced 1 sold out net sold ≈ $41.2m (+21.5m 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 ≈ $8.65.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0102030Q3 23: 28Q4 23: 25Q1 24: 23Q2 24: 2929Q3 23Q4 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202328
Q4 202325
Q1 202423
Q2 202429

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 23: 7 bought or addedQ4 23: 11 cut or sold outQ4 23Q1 24: 10 bought or addedQ1 24: 9 cut or sold outQ1 24Q2 24: 8 bought or addedQ2 24: 13 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2023711
Q1 2024109
Q2 2024813

Biggest buyers

LORD, ABBETT & CO. LLC Added +22,474,000+22.5m
Man Group plc New +15,617,000+15.6m
Parallax Volatility Advisers, L.P. New +10,000,000+10.0m
Alberta Investment Management Corp New +5,000,000+5.0m
ARISTEIA CAPITAL, L.L.C. New +4,000,000+4.0m
AGF MANAGEMENT LTD New +850,000+850.0k
BARCLAYS PLC New +19,000+19.0k
Boussard & Gavaudan Investment Management LLP Added +5,776+5.8k

Biggest sellers

WOLVERINE ASSET MANAGEMENT LLC Reduced -30,550,000-30.6m
Linden Advisors LP Reduced -15,512,000-15.5m
Polar Asset Management Partners Inc. Reduced -15,000,000-15.0m
JPMORGAN CHASE & CO Reduced -8,022,000-8.0m
CITADEL ADVISORS LLC Reduced -5,000,000-5.0m
MORGAN STANLEY Reduced -3,971,000-4.0m
CAPSTONE INVESTMENT ADVISORS, LLC Reduced -3,500,000-3.5m
BlueCrest Capital Management Ltd Sold out -1,954,000-2.0m
ABSOLUTE INVESTMENT ADVISERS, LLC Reduced -1,000,000-1.0m
SHENKMAN CAPITAL MANAGEMENT INC Reduced -821,000-821.0k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LORD, ABBETT & CO. LLC 0.08% of their portfolio JERSEY CITY, NJ 32,778,00032.8m $47.8m $47.8m 0.08% Added +22.5m +22,474,000
2 CAMDEN ASSET MANAGEMENT L P /CA 1.16% of their portfolio Los Angeles, CA 26,460,00026.5m $38.5m $38.5m 1.16% Reduced -500.0k -500,000
3 Davidson Kempner Capital Management LP 0.53% of their portfolio New York, NY 21,883,00021.9m $31.8m $31.8m 0.53% Not comparable
4 CAPSTONE INVESTMENT ADVISORS, LLC 0.51% of their portfolio NEW YORK, NY 16,000,00016.0m $23.3m $23.3m 0.51% Reduced -3.5m -3,500,000
5 Man Group plc 0.06% of their portfolio LONDON, X0 15,617,00015.6m $22.7m $22.7m 0.06% New
6 Polar Asset Management Partners Inc. 0.56% of their portfolio TORONTO, A6 15,000,00015.0m $21.9m $21.9m 0.56% Reduced -15.0m -15,000,000
7 READYSTATE ASSET MANAGEMENT LP 1.02% of their portfolio CHICAGO, IL 14,750,00014.8m $21.5m $21.5m 1.02% Unchanged
8 WOLVERINE ASSET MANAGEMENT LLC 0.31% of their portfolio CHICAGO, IL 11,230,00011.2m $16.3m $16.3m 0.31% Reduced -30.6m -30,550,000
9 Calamos Advisors LLC 0.07% of their portfolio NAPERVILLE, IL 10,000,00010.0m $14.6m $14.6m 0.07% Unchanged
10 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 10,000,00010.0m $14.6m $14.6m 0.01% Reduced -5.0m -5,000,000
11 Parallax Volatility Advisers, L.P. 0.37% of their portfolio San Francisco, CA 10,000,00010.0m $14.5m $14.5m 0.37% New
12 ABSOLUTE INVESTMENT ADVISERS, LLC 1.73% of their portfolio ROSEMARY BEACH, FL 8,000,0008.0m $11.6m $11.6m 1.73% Reduced -1.0m -1,000,000
13 FMR LLC 0.00% of their portfolio BOSTON, MA 7,700,0007.7m $11.2m $11.2m 0.00% Reduced -400.0k -400,000
14 SHENKMAN CAPITAL MANAGEMENT INC 0.88% of their portfolio NEW YORK, NY 6,862,0006.9m $10.2m $10.2m 0.88% Reduced -821.0k -821,000
15 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 6,582,0006.6m $9.6m $9.6m 0.00% Reduced -46.0k -46,000
16 Crystalline Management Inc. 9.27% of their portfolio Montreal, Quebec, Z4 5,500,0005.5m $8.0m $8.0m 9.27% Unchanged
17 Alberta Investment Management Corp 0.08% of their portfolio EDMONTON, A0 5,000,0005.0m $7.3m $7.3m 0.08% New
18 ARISTEIA CAPITAL, L.L.C. 0.22% of their portfolio GREENWICH, CT 4,000,0004.0m $5.8m $5.8m 0.22% New
19 ZAZOVE ASSOCIATES LLC 0.21% of their portfolio INCLINE VILLAGE, NV 2,500,0002.5m $3.6m $3.6m 0.21% Unchanged
20 Linden Advisors LP 0.03% of their portfolio New York, NY 2,313,0002.3m $3.4m $3.4m 0.03% Reduced -15.5m -15,512,000
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,027,0001.0m $1.5m $1.5m 0.00% Reduced -4.0m -3,971,000
22 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 850,000850.0k $1.2m $1.2m 0.01% New
23 LAKE STREET ADVISORS GROUP, LLC 0.01% of their portfolio PORTSMOUTH, NH 79,00079.0k $114.8k $114.8k 0.01% Unchanged
24 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 56,00056.0k $81.6k $81.6k 0.00% Reduced -8.0m -8,022,000
25 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 19,00019.0k $27.7k $27.7k 0.00% New
26 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 16,00016.0k $23.3k $23.3k 0.00% Unchanged
27 Boussard & Gavaudan Investment Management LLP 1.89% of their portfolio London, X0 8,0768.1k $11.8m $11.8m 1.89% Added +5.8k +5,776
28 Virtus Investment Advisers, LLC 0.01% of their portfolio HARTFORD, CT 5,0005.0k $7.3k $7.3k 0.01% Unchanged
29 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged