Vault-13

BILL HOLDINGS INC BILL 0 04.01.30

NOTE 4/0 · US DOMESTIC · CUSIP 090043AF7

47 institutional holders -2 vs Q1 2026
19,120,00019.1m shares reported held*
$1.2bnreported value*
6 new 18 added 11 reduced 8 sold out net sold ≈ $32.5m (+10.6m 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 ≈ $61.19.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q4 25: 48Q1 26: 49Q2 26: 4747Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q4 202548
Q1 202649
Q2 202647

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 26: 25 bought or addedQ1 26: 23 cut or sold outQ1 26Q2 26: 24 bought or addedQ2 26: 19 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q1 20262523
Q2 20262419

Biggest buyers

MILLENNIUM MANAGEMENT LLC Added +70,838,000+70.8m
Context Capital Management, LLC New +40,000,000+40.0m
Nuveen, LLC New +30,000,000+30.0m
DeepCurrents Investment Group LLC Added +26,500,000+26.5m
Davidson Kempner Capital Management LP Added +22,500,000+22.5m
STEELHEAD PARTNERS LLC Added +16,500,000+16.5m
Aequim Alternative Investments LP New +15,000,000+15.0m
SONA ASSET MANAGEMENT (US) LLC Added +13,738,000+13.7m
BANK OF AMERICA CORP /DE/ Added +12,484,000+12.5m
Worth Venture Partners, LLC Added +11,000,000+11.0m

Biggest sellers

Linden Advisors LP Reduced -190,000,000-190.0m
VOYA INVESTMENT MANAGEMENT LLC Reduced -56,760,000-56.8m
LAZARD ASSET MANAGEMENT LLC Reduced -33,116,000-33.1m
UBS Group AG Reduced -17,003,000-17.0m
Jefferies Financial Group Inc. Reduced -13,524,000-13.5m
Balyasny Asset Management L.P. Reduced -12,000,000-12.0m
LORD, ABBETT & CO. LLC Reduced -10,942,000-10.9m
Calamos Advisors LLC Reduced -10,000,000-10.0m
Point72 Asset Management, L.P. Sold out -9,500,000-9.5m
FRANKLIN RESOURCES INC Reduced -5,700,000-5.7m

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SOROS FUND MANAGEMENT LLC 2.38% of their portfolio NEW YORK, NY 209,679,000209.7m $181.4m $181.4m 2.38% Unchanged
2 SONA ASSET MANAGEMENT (US) LLC 4.84% of their portfolio NEW YORK, NY 150,078,000150.1m $129.7m $129.7m 4.84% Added +13.7m +13,738,000
3 Balyasny Asset Management L.P. 0.22% of their portfolio Chicago, IL 139,000,000139.0m $120.4m $120.4m 0.22% Reduced -12.0m -12,000,000
4 VOYA INVESTMENT MANAGEMENT LLC 0.10% of their portfolio ATLANTA, GA 129,565,000129.6m $112.2m $112.2m 0.10% Reduced -56.8m -56,760,000
5 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 77,088,00077.1m $66.7m $66.7m 0.05% Added +70.8m +70,838,000
6 Davidson Kempner Capital Management LP 0.97% of their portfolio New York, NY 70,000,00070.0m $60.4m $60.4m 0.97% Added +22.5m +22,500,000
7 STEELHEAD PARTNERS LLC 3.09% of their portfolio SEATTLE, WA 50,000,00050.0m $43.3m $43.3m 3.09% Added +16.5m +16,500,000
8 DeepCurrents Investment Group LLC 1.44% of their portfolio NEW YORK, NY 48,400,00048.4m $41.9m $41.9m 1.44% Added +26.5m +26,500,000
9 Opti Capital Management, LP 2.35% of their portfolio New York, NY 44,000,00044.0m $38.5m $38.5m 2.35% Unchanged
10 Context Capital Management, LLC 0.70% of their portfolio LAJOLLA, CA 40,000,00040.0m $34.7m $34.7m 0.70% New
11 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 36,235,00036.2m $313.9k $313.9k 0.00% Reduced -33.1m -33,116,000
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 36,125,00036.1m $31.2m $31.2m 0.00% Added +6.1m +6,100,000
13 Linden Advisors LP 0.15% of their portfolio New York, NY 33,559,00033.6m $29.0m $29.0m 0.15% Reduced -190.0m -190,000,000
14 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 32,800,00032.8m $28.4m $28.4m 0.01% Reduced -5.7m -5,700,000
15 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 30,000,00030.0m $25.9m $25.9m 0.01% New
16 BlackRock, Inc. 0.00% of their portfolio New York, NY 28,625,00028.6m $24.7m $24.7m 0.00% Added +5.9m +5,900,000
17 ADVENT CAPITAL MANAGEMENT /DE/ 0.50% of their portfolio NEW YORK, NY 25,221,00025.2m $21.9m $21.9m 0.50% Added +3.0m +2,961,000
18 Calamos Advisors LLC 0.07% of their portfolio NAPERVILLE, IL 23,444,00023.4m $20.3m $20.3m 0.07% Reduced -10.0m -10,000,000
19 Jefferies Financial Group Inc. 0.15% of their portfolio NEW YORK, NY 18,708,00018.7m $16.2m $16.2m 0.15% Reduced -13.5m -13,524,000
20 Worth Venture Partners, LLC 36.09% of their portfolio FORT LEE, NJ 18,500,00018.5m $16.0m $16.0m 36.09% Added +11.0m +11,000,000
21 LORD, ABBETT & CO. LLC 0.04% of their portfolio JERSEY CITY, NJ 15,336,00015.3m $13.2m $13.2m 0.04% Reduced -10.9m -10,942,000
22 MacKay Shields LLC 0.44% of their portfolio New York, NY 15,102,00015.1m $13.1m $13.1m 0.44% Unchanged
23 Aequim Alternative Investments LP 0.20% of their portfolio MILL VALLEY, CA 15,000,00015.0m $13.0m $13.0m 0.20% New
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 14,311,00014.3m $12.3m $12.3m 0.00% Added +12.5m +12,484,000
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 12,555,00012.6m $10.9m $10.9m 0.00% Reduced -5.3m -5,320,000
26 KIM, LLC 1.18% of their portfolio WICHITA, KS 10,000,00010.0m $8.6m $8.6m 1.18% Added +5.0m +5,000,000
27 TPG GP A, LLC 0.17% of their portfolio FORT WORTH, TX 10,000,00010.0m $8.6m $8.6m 0.17% Added +5.0m +5,000,000
28 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 9,000,0009.0m $7.8m $7.8m 0.01% Unchanged
29 FMR LLC 0.00% of their portfolio BOSTON, MA 8,372,0008.4m $7.2m $7.2m 0.00% Reduced -40.0k -40,000
30 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 7,285,0007.3m $6.3m $6.3m 0.00% Added +255.0k +255,000
31 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 7,169,0007.2m $6.2m $6.2m 0.01% Added +4.2m +4,169,000
32 Lombard Odier Asset Management (Europe) Ltd 0.18% of their portfolio LONDON, X0 4,901,0004.9m $4.2m $4.2m 0.18% Added +3.9m +3,901,000
33 Sunstone Asset Management, LP 4.65% of their portfolio New York, NY 4,660,0004.7m $4.0m $4.0m 4.65% New
34 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 4,000,0004.0m $3.5m $3.5m 0.01% Added +1.0m +1,000,000
35 Amundi 0.00% of their portfolio Paris, I0 3,438,0003.4m $3.0m $3.0m 0.00% New
36 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,163,0002.2m $1.9m $1.9m 0.00% Added +908.0k +908,000
37 Kohlberg Kravis Roberts & Co. L.P. 0.01% of their portfolio NEW YORK, NY 870,000870.0k $753.7k $753.7k 0.01% Unchanged
38 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 850,000850.0k $735.6k $735.6k 0.00% Added +171.0k +171,000
39 L1 Global Manager Pty Ltd 0.49% of their portfolio Melbourne, C3 700,000700.0k $605.8k $605.8k 0.49% New
40 UBS Group AG 0.00% of their portfolio ZURICH, V8 287,000287.0k $247.6k $247.6k 0.00% Reduced -17.0m -17,003,000
41 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 260,000260.0k $224.3k $224.3k 0.00% Unchanged
42 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 244,000244.0k $210.5k $210.5k 0.00% Unchanged
43 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $173.1k $173.1k 0.00% Unchanged
44 Oasis Management Co Ltd. 0.00% of their portfolio GRAND CAYMAN, E9 50,00050.0k $43.1k $43.1k 0.00% Unchanged
45 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 12,00012.0k $10.4k $10.4k 0.00% Unchanged
46 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 10,00010.0k $8.7k $8.7k 0.00% Unchanged
47 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 00 $0 $0 0.00% Unchanged