Vault-13

BILL HOLDINGS INC BILL 0 12.01.25

NOTE 12/0 · US DOMESTIC · CUSIP 090043AB6

32 institutional holders -10 vs Q1 2024
7,237,1767.2m shares reported held*
$158.4mreported value*
2 new 2 added 18 reduced 12 sold out net sold ≈ $223.6m (-3.0m 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. Holder counts are more reliable. Implied quarter-end price ≈ $21.88.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 62Q4 22: 64Q1 23: 56Q2 23: 58Q3 23: 60Q4 23: 57Q1 24: 42Q2 24: 3232Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202262
Q4 202264
Q1 202356
Q2 202358
Q3 202360
Q4 202357
Q1 202442
Q2 202432

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 22: 31 bought or addedQ4 22: 26 cut or sold outQ4 22Q1 23: 30 bought or addedQ1 23: 27 cut or sold outQ2 23: 18 bought or addedQ2 23: 28 cut or sold outQ2 23Q3 23: 22 bought or addedQ3 23: 24 cut or sold outQ4 23: 30 bought or addedQ4 23: 33 cut or sold outQ4 23Q1 24: 13 bought or addedQ1 24: 41 cut or sold outQ2 24: 4 bought or addedQ2 24: 30 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20223126
Q1 20233027
Q2 20231828
Q3 20232224
Q4 20233033
Q1 20241341
Q2 2024430

Biggest buyers

MILLENNIUM MANAGEMENT LLC New +9,862,000+9.9m
TRUIST FINANCIAL CORP New +2,000,000+2.0m
PALISADE CAPITAL MANAGEMENT, LP Added +38,000+38.0k
Calamos Wealth Management LLC Added +14,000+14.0k

Biggest sellers

D. E. Shaw & Co., Inc. Sold out -53,065,000-53.1m
TENOR CAPITAL MANAGEMENT Co., L.P. Reduced -29,045,000-29.0m
MORGAN STANLEY Reduced -21,629,000-21.6m
LAZARD ASSET MANAGEMENT LLC Reduced -20,399,000-20.4m
Verition Fund Management LLC Sold out -20,000,000-20.0m
Walleye Capital LLC Sold out -14,850,000-14.8m
MacKay Shields LLC Reduced -10,360,000-10.4m
CAPSTONE INVESTMENT ADVISORS, LLC Sold out -10,000,000-10.0m
FMR LLC Sold out -9,650,000-9.7m
STATE STREET CORP Sold out -8,635,000-8.6m

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 37,500,00037.5m $34.7m $34.7m 0.01% Reduced -6.0m -6,000,000
2 BlackRock Inc. 0.00% of their portfolio New York, NY 20,000,00020.0m $18.5m $18.5m 0.00% Reduced -4.0m -4,045,000
3 Calamos Advisors LLC 0.07% of their portfolio NAPERVILLE, IL 15,686,00015.7m $14.5m $14.5m 0.07% Reduced -182.0k -182,000
4 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 12,714,00012.7m $11.8m $11.8m 0.01% Reduced -20.4m -20,399,000
5 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 10,000,00010.0m $9.2m $9.2m 0.01% Reduced -3.8m -3,778,000
6 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 9,862,0009.9m $9.1m $9.1m 0.01% New
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 8,318,0008.3m $7.7m $7.7m 0.00% Reduced -7.6m -7,574,000
8 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 7,693,0007.7m $7.1m $7.1m 0.00% Reduced -600.0k -600,000
9 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 6,500,0006.5m $6.0m $6.0m 0.01% Unchanged
10 TENOR CAPITAL MANAGEMENT Co., L.P. 0.08% of their portfolio NEW YORK, NY 5,601,0005.6m $5.2m $5.2m 0.08% Reduced -29.0m -29,045,000
11 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 5,600,0005.6m $5.2m $5.2m 0.00% Reduced -3.5m -3,500,000
12 PALISADE CAPITAL MANAGEMENT, LP 0.13% of their portfolio FORT LEE, NJ 5,151,0005.2m $4.8m $4.8m 0.13% Added +38.0k +38,000
13 BARINGS LLC 0.11% of their portfolio CHARLOTTE, NC 5,000,0005.0m $4.6m $4.6m 0.11% Unchanged
14 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 4,000,0004.0m $3.7m $3.7m 0.01% Reduced -2.0m -2,000,000
15 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 3,000,0003.0m $2.8m $2.8m 0.00% Reduced -200.0k -200,000
16 Nicholas Investment Partners, LP 0.27% of their portfolio RANCHO SANTA FE, CA 2,800,0002.8m $2.6m $2.6m 0.27% Unchanged
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,722,0002.7m $2.5m $2.5m 0.00% Reduced -21.6m -21,629,000
18 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,267,0002.3m $2.1m $2.1m 0.00% Unchanged
19 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 2,000,0002.0m $1.8m $1.8m 0.00% New
20 ADVENT CAPITAL MANAGEMENT /DE/ 0.03% of their portfolio NEW YORK, NY 1,550,0001.6m $1.4m $1.4m 0.03% Unchanged
21 Liberty Mutual Group Asset Management Inc. 0.17% of their portfolio Boston, MA 1,225,0001.2m $1.1m $1.1m 0.17% Reduced -450.0k -450,000
22 Calamos Wealth Management LLC 0.02% of their portfolio NAPERVILLE, IL 501,000501.0k $463.8k $463.8k 0.02% Added +14.0k +14,000
23 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 500,000500.0k $462.0k $462.0k 0.00% Reduced -1.7m -1,656,000
24 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 300,000300.0k $277.8k $277.8k 0.00% Unchanged
25 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 163,000163.0k $149.8k $149.8k 0.00% Reduced -6.6m -6,552,000
26 EDMOND DE ROTHSCHILD HOLDING S.A. 0.00% of their portfolio CHAMBESY, V8 160,000160.0k $148.1k $148.1k 0.00% Unchanged
27 MacKay Shields LLC 0.00% of their portfolio New York, NY 75,00075.0k $69.5k $69.5k 0.00% Reduced -10.4m -10,360,000
28 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 60,00060.0k $55.4k $55.4k 0.00% Unchanged
29 Fox Hill Wealth Management 0.01% of their portfolio DEDHAM, MA 10,00010.0k $9.3k $9.3k 0.01% Unchanged
30 LOOMIS SAYLES & CO L P 0.00% of their portfolio BOSTON, MA 2,1762.2k $114.0k $114.0k 0.00% Reduced -2.2k -2,175
31 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,0001.0k $924 $924 0.00% Reduced -5.8m -5,760,000
32 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged