ALTAIR ENGR INC ALTR 1.75 06.15.27
NOTE 1.750% 6/1 · US DOMESTIC · CUSIP 021369AC7
26
institutional holders
-3 vs Q3 2024
8.2m
shares reported held*
$342.9mreported value*
3 new
4 added
3 reduced
6 sold out
net sold ≈ $50.3m (-4.4m 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 ≈ $41.69.
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2023 | 28 |
| Q4 2023 | 25 |
| Q1 2024 | 23 |
| Q2 2024 | 29 |
| Q3 2024 | 29 |
| Q4 2024 | 26 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 7 | 11 |
| Q1 2024 | 10 | 9 |
| Q2 2024 | 8 | 13 |
| Q3 2024 | 13 | 9 |
| Q4 2024 | 7 | 9 |
Biggest buyers
| Calamos Advisors LLC | Added | +19.4m |
| JPMORGAN CHASE & CO | Added | +6.1m |
| Daiwa Securities Group Inc. | New | +5.0m |
| AQR Arbitrage LLC | New | +3.0m |
| BANK OF MONTREAL /CAN/ | Added | +2.5m |
| FMR LLC | Added | +490.0k |
| CSS LLC/IL | New | +11.0k |
Biggest sellers
| CAMDEN ASSET MANAGEMENT L P /CA | Sold out | -20.0m |
| CITADEL ADVISORS LLC | Sold out | -15.0m |
| READYSTATE ASSET MANAGEMENT LP | Sold out | -14.8m |
| Man Group plc | Reduced | -10.0m |
| LORD, ABBETT & CO. LLC | Sold out | -4.4m |
| SHENKMAN CAPITAL MANAGEMENT INC | Reduced | -3.1m |
| ARISTEIA CAPITAL, L.L.C. | Reduced | -1.0m |
| MORGAN STANLEY | Sold out | -326.0k |
| BARCLAYS PLC | Sold out | -265.0k |
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| HBK INVESTMENTS L P 1.67% of their portfolio | 56.3m $87.9m | Not comparable |
| Calamos Advisors LLC 0.21% of their portfolio | 29.4m $45.9m | Added +19.4m |
| Alberta Investment Management Corp 0.23% of their portfolio | 22.5m $35.1m | Unchanged |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.25% of their portfolio | 16.0m $24.9m | Unchanged |
| Weiss Asset Management LP 0.41% of their portfolio | 11.5m $17.9m | Not comparable |
| Parallax Volatility Advisers, L.P. 0.34% of their portfolio | 10.0m $15.5m | Unchanged |
| FMR LLC 0.00% of their portfolio | 8.1m $12.6m | Added +490.0k |
| ABSOLUTE INVESTMENT ADVISERS, LLC 1.61% of their portfolio | 8.0m $12.5m | Unchanged |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 7.5m $11.7m | Added +2.5m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 6.2m $9.6m | Added +6.1m |
| Man Group plc 0.03% of their portfolio | 5.6m $8.8m | Reduced -10.0m |
| Daiwa Securities Group Inc. 0.03% of their portfolio | 5.0m $7.8m | New |
| SHENKMAN CAPITAL MANAGEMENT INC 0.61% of their portfolio | 4.3m $6.9m | Reduced -3.1m |
| ARISTEIA CAPITAL, L.L.C. 0.17% of their portfolio | 3.0m $4.7m | Reduced -1.0m |
| AQR Arbitrage LLC 0.11% of their portfolio | 3.0m $4.7m | New |
| Linden Advisors LP 0.03% of their portfolio | 2.3m $3.6m | Unchanged |
| ZAZOVE ASSOCIATES LLC 0.19% of their portfolio | 1.2m $1.9m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 875.0k $1.4m | Unchanged |
| AGF MANAGEMENT LTD 0.01% of their portfolio | 850.0k $1.3m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 150.0k $233.7k | Unchanged |
| LAKE STREET ADVISORS GROUP, LLC 0.01% of their portfolio | 97.0k $150.7k | Unchanged |
| Boussard & Gavaudan Investment Management LLP 2.33% of their portfolio | 17.9k $27.8m | Unchanged |
| Arkadios Wealth Advisors 0.00% of their portfolio | 16.0k $24.9k | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 13.0k $20.2k | First filing |
| CSS LLC/IL 0.00% of their portfolio | 11.0k $17.1k | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |