Vault-13

BILL HOLDINGS INC BILL 0 12.01.25

NOTE 12/0 · US DOMESTIC · CUSIP 090043AB6

0 institutional holders -15 vs Q3 2025
—reported value*
0 new 0 added 0 reduced 15 sold out net sold ≈ $33.8m (-10.0k 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.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 62Q4 22: 64Q1 23: 56Q2 23: 58Q3 23: 60Q4 23: 57Q1 24: 42Q2 24: 32Q3 24: 26Q4 24: 20Q1 25: 18Q2 25: 17Q3 25: 15Q4 25: 00Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202262
Q4 202264
Q1 202356
Q2 202358
Q3 202360
Q4 202357
Q1 202442
Q2 202432
Q3 202426
Q4 202420
Q1 202518
Q2 202517
Q3 202515
Q4 20250

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q1 24: 13 bought or addedQ1 24: 41 cut or sold outQ2 24: 4 bought or addedQ2 24: 30 cut or sold outQ2 24Q3 24: 6 bought or addedQ3 24: 17 cut or sold outQ4 24: 6 bought or addedQ4 24: 17 cut or sold outQ4 24Q1 25: 2 bought or addedQ1 25: 5 cut or sold outQ2 25: 3 bought or addedQ2 25: 3 cut or sold outQ2 25Q3 25: 2 bought or addedQ3 25: 3 cut or sold outQ4 25: 0 bought or addedQ4 25: 15 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20241341
Q2 2024430
Q3 2024617
Q4 2024617
Q1 202525
Q2 202533
Q3 202523
Q4 2025015

Biggest buyers

None

Biggest sellers

TENOR CAPITAL MANAGEMENT Co., L.P. Sold out -8,709,000-8.7m
BANK OF AMERICA CORP /DE/ Sold out -4,676,000-4.7m
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Sold out -4,500,000-4.5m
MORGAN STANLEY Sold out -4,323,000-4.3m
MILLENNIUM MANAGEMENT LLC Sold out -2,714,000-2.7m
Mint Tower Capital Management B.V. Sold out -1,993,000-2.0m
TWO SIGMA INVESTMENTS, LP Sold out -1,590,000-1.6m
ADVENT CAPITAL MANAGEMENT /DE/ Sold out -1,550,000-1.6m
PALISADE CAPITAL MANAGEMENT, LP Sold out -748,000-748.0k
Verition Fund Management LLC Sold out -719,000-719.0k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change