Vault-13

ATLAS AIR WORLDWIDE HLDGS IN AAWW 1.875 06.01.24

NOTE 1.875% 6/0 · US DOMESTIC · CUSIP 049164BJ4

33 institutional holders -8 vs Q3 2022
3,333,1163.3m shares reported held*
$455.1mreported value*
2 new 8 added 5 reduced 10 sold out net sold ≈ $19.7m (-1.8m 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 ≈ $136.55.

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 41Q4 22: 3333Q3 22Q4 22
Numbers
QuarterHolders
Q3 202241
Q4 202233

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50k$100k$150k$200kQ3 22 calls: $152.9kQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$152.9k$00.00
Q4 2022$0$0—

Biggest buyers

Elequin Capital, LP Added +19,400,000+19.4m
BLUEFIN CAPITAL MANAGEMENT, LLC New +11,250,000+11.2m
WELLS FARGO & COMPANY/MN Added +5,000,000+5.0m
CSS LLC/IL Added +4,770,000+4.8m
BANK OF AMERICA CORP /DE/ Added +1,475,000+1.5m
BlackRock Inc. Added +350,000+350.0k
Warberg Asset Management LLC Added +261,000+261.0k
BNP PARIBAS FINANCIAL MARKETS Added +49,128+49.1k
MORGAN STANLEY Added +2,000+2.0k
UBS Group AG New +1,000+1.0k

Biggest sellers

CAPSTONE INVESTMENT ADVISORS, LLC Sold out -32,264,000-32.3m
Calamos Advisors LLC Reduced -11,100,000-11.1m
GABELLI FUNDS LLC Sold out -3,700,000-3.7m
BNP PARIBAS FINANCIAL MARKETS Sold out -3,270,000-3.3m
JPMORGAN CHASE & CO Reduced -1,757,000-1.8m
PALISADE CAPITAL MANAGEMENT, LP Sold out -1,000,000-1.0m
GAMCO INVESTORS, INC. ET AL Sold out -400,000-400.0k
TRUIST FINANCIAL CORP Reduced -396,000-396.0k
JANE STREET GROUP, LLC Sold out -350,000-350.0k
Beck Bode, LLC Reduced -105,000-105.0k

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Weiss Asset Management LP 4.23% of their portfolio BOSTON, MA 53,250,00053.2m $88.9m $88.9m 4.23% Unchanged
2 Elequin Capital, LP 24.32% of their portfolio NEW YORK, NY 51,633,00051.6m $86.3m $86.3m 24.32% Added +19.4m +19,400,000
3 CSS LLC/IL 3.77% of their portfolio CHICAGO, IL 34,645,00034.6m $57.8m $57.8m 3.77% Added +4.8m +4,770,000
4 Polar Asset Management Partners Inc. 0.71% of their portfolio TORONTO, A6 30,000,00030.0m $50.1m $50.1m 0.71% Unchanged
5 Calamos Advisors LLC 0.11% of their portfolio NAPERVILLE, IL 14,000,00014.0m $23.4m $23.4m 0.11% Reduced -11.1m -11,100,000
6 TENOR CAPITAL MANAGEMENT Co., L.P. 0.50% of their portfolio NEW YORK, NY 12,500,00012.5m $20.9m $20.9m 0.50% Unchanged
7 BLUEFIN CAPITAL MANAGEMENT, LLC 3.31% of their portfolio NEW YORK, NY 11,250,00011.2m $18.8m $18.8m 3.31% New
8 WOLVERINE ASSET MANAGEMENT LLC 0.19% of their portfolio CHICAGO, IL 7,500,0007.5m $12.5m $12.5m 0.19% Unchanged
9 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 7,489,0007.5m $12.5m $12.5m 0.00% Added +5.0m +5,000,000
10 PIPER SANDLER & CO. 12.53% of their portfolio MINNEAPOLIS, MN 7,250,0007.2m $12.1m $12.1m 12.53% Unchanged
11 Warberg Asset Management LLC 3.39% of their portfolio WINNETKA, IL 6,651,0006.7m $11.1m $11.1m 3.39% Added +261.0k +261,000
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5,650,0005.7m $9.4m $9.4m 0.00% Reduced -1.8m -1,757,000
13 FMR LLC 0.00% of their portfolio BOSTON, MA 5,400,0005.4m $9.0m $9.0m 0.00% Unchanged
14 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 3,000,0003.0m $5.0m $5.0m 0.01% Reduced -396.0k -396,000
15 BlackRock Inc. 0.00% of their portfolio New York, NY 2,875,0002.9m $4.8m $4.8m 0.00% Added +350.0k +350,000
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,476,0001.5m $2.5m $2.5m 0.00% Added +1.5m +1,475,000
17 ZAZOVE ASSOCIATES LLC 0.15% of their portfolio INCLINE VILLAGE, NV 1,000,0001.0m $1.7m $1.7m 0.15% Unchanged
18 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 200,000200.0k $333.4k $333.4k 0.00% Unchanged
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 165,000165.0k $275.0k $275.0k 0.00% Added +2.0k +2,000
20 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 125,116125.1k $12.6m $12.6m 0.03% Added +49.1k +49,128
21 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 125,000125.0k $208.6k $208.6k 0.00% Reduced -6.0k -6,000
22 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 66,00066.0k $110.0k $110.0k 0.00% Unchanged
23 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 56,51456.5k $57.0k $57.0k 0.00% Unchanged
24 Beck Bode, LLC 0.02% of their portfolio DEDHAM, MA 46,00046.0k $76.4k $76.4k 0.02% Reduced -105.0k -105,000
25 Mayflower Financial Advisors, LLC 0.01% of their portfolio BOSTON, MA 29,00029.0k $48.3k $48.3k 0.01% Unchanged
26 GREAT VALLEY ADVISOR GROUP, INC. 0.00% of their portfolio WILMINGTON, DE 13,00013.0k $22.0k $22.0k 0.00% Unchanged
27 K2 PRINCIPAL FUND, L.P. 3.96% of their portfolio TORONTO, A6 8,6928.7k $14.5m $14.5m 3.96% Unchanged
28 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 5,0005.0k $8.3k $8.3k 0.00% Unchanged
29 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,0002.0k $3.0k $3.0k 0.00% Unchanged
30 Capital Analysts, LLC 0.00% of their portfolio FORT WASHINGTON, PA 2,0002.0k $3.0k $3.0k 0.00% Unchanged
31 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,0001.0k $166.7k $166.7k 0.00% New
32 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,0001.0k $2.0k $2.0k 0.00% Unchanged
33 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged