Vault-13

BOX INC BOX 0 01.15.26

NOTE 1/1 · US DOMESTIC · CUSIP 10316TAB0

46 institutional holders -1 vs Q3 2023
16,196,97416.2m shares reported held*
$402.7mreported value*
5 new 15 added 10 reduced 7 sold out net bought ≈ $11.2m (-7.5m 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 ($5.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.20.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 44Q4 22: 47Q1 23: 49Q2 23: 48Q3 23: 47Q4 23: 4646Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202244
Q4 202247
Q1 202349
Q2 202348
Q3 202347
Q4 202346

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 17 bought or addedQ4 22: 17 cut or sold outQ4 22Q1 23: 22 bought or addedQ1 23: 22 cut or sold outQ1 23Q2 23: 16 bought or addedQ2 23: 20 cut or sold outQ2 23Q3 23: 22 bought or addedQ3 23: 20 cut or sold outQ3 23Q4 23: 20 bought or addedQ4 23: 17 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221717
Q1 20232222
Q2 20231620
Q3 20232220
Q4 20232017

Biggest buyers

JPMORGAN CHASE & CO Added +15,482,000+15.5m
MORGAN STANLEY New +12,000,000+12.0m
CITIGROUP INC Added +8,452,000+8.5m
STEELHEAD PARTNERS LLC Added +7,409,000+7.4m
III Capital Management Added +5,200,000+5.2m
BARCLAYS PLC Added +4,697,000+4.7m
Man Group plc Added +4,580,000+4.6m
BNP PARIBAS FINANCIAL MARKETS Added +3,520,000+3.5m
BANK OF AMERICA CORP /DE/ Added +3,060,000+3.1m
Flow State Investments, L.P. Added +2,950,000+3.0m

Biggest sellers

BlackRock Inc. Reduced -30,340,000-30.3m
MILLENNIUM MANAGEMENT LLC Sold out -5,882,000-5.9m
Centiva Capital, LP Reduced -5,000,000-5.0m
PUTNAM INVESTMENTS LLC Sold out -4,386,000-4.4m
TORONTO DOMINION BANK Reduced -3,946,000-3.9m
FMR LLC Reduced -3,350,000-3.4m
SILVERBACK ASSET MANAGEMENT LLC Sold out -2,700,000-2.7m
Kohlberg Kravis Roberts & Co. L.P. Reduced -2,500,000-2.5m
DEUTSCHE BANK AG\ Reduced -2,200,000-2.2m
ABSOLUTE INVESTMENT ADVISERS, LLC Reduced -1,348,000-1.3m

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 39,194,00039.2m $43.8m $43.8m 0.00% Added +15.5m +15,482,000
2 Man Group plc 0.10% of their portfolio LONDON, X0 30,695,00030.7m $34.3m $34.3m 0.10% Added +4.6m +4,580,000
3 M&G INVESTMENT MANAGEMENT LTD 0.20% of their portfolio London, X0 30,541,00030.5m $34.2m $34.2m 0.20% Unchanged
4 STEELHEAD PARTNERS LLC 1.59% of their portfolio SEATTLE, WA 27,409,00027.4m $30.6m $30.6m 1.59% Added +7.4m +7,409,000
5 Calamos Advisors LLC 0.14% of their portfolio NAPERVILLE, IL 25,000,00025.0m $27.9m $27.9m 0.14% Unchanged
6 BlackRock Inc. 0.00% of their portfolio New York, NY 15,525,00015.5m $17.3m $17.3m 0.00% Reduced -30.3m -30,340,000
7 DeepCurrents Investment Group LLC 0.66% of their portfolio NEW YORK, NY 15,338,00015.3m $17.1m $17.1m 0.66% Unchanged
8 ADVENT CAPITAL MANAGEMENT /DE/ 0.36% of their portfolio NEW YORK, NY 13,936,00013.9m $15.6m $15.6m 0.36% Added +63.0k +63,000
9 III Capital Management 0.89% of their portfolio BOCA RATON, FL 13,781,00013.8m $15.4m $15.4m 0.89% Added +5.2m +5,200,000
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 12,000,00012.0m $13.3m $13.3m 0.00% New
11 Kohlberg Kravis Roberts & Co. L.P. 0.39% of their portfolio NEW YORK, NY 12,000,00012.0m $13.3m $13.3m 0.39% Reduced -2.5m -2,500,000
12 SHENKMAN CAPITAL MANAGEMENT INC 0.95% of their portfolio NEW YORK, NY 11,604,00011.6m $13.2m $13.2m 0.95% Added +2.0m +2,020,000
13 Flow State Investments, L.P. 4.19% of their portfolio CHICAGO, IL 11,025,00011.0m $12.4m $12.4m 4.19% Added +3.0m +2,950,000
14 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 10,732,00010.7m $12.0m $12.0m 0.02% Added +8.5m +8,452,000
15 Centiva Capital, LP 0.70% of their portfolio New York, NY 10,000,00010.0m $11.2m $11.2m 0.70% Reduced -5.0m -5,000,000
16 ABSOLUTE INVESTMENT ADVISERS, LLC 1.30% of their portfolio ROSEMARY BEACH, FL 8,000,0008.0m $8.9m $8.9m 1.30% Reduced -1.3m -1,348,000
17 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 5,819,0005.8m $6.5m $6.5m 0.01% Added +3.5m +3,520,000
18 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 5,150,0005.2m $5.8m $5.8m 0.00% Added +4.7m +4,697,000
19 FMR LLC 0.00% of their portfolio BOSTON, MA 4,669,0004.7m $5.2m $5.2m 0.00% Reduced -3.4m -3,350,000
20 CAMDEN ASSET MANAGEMENT L P /CA 0.15% of their portfolio Los Angeles, CA 4,207,0004.2m $4.7m $4.7m 0.15% Unchanged
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 4,102,0004.1m $4.6m $4.6m 0.00% Added +3.1m +3,060,000
22 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 3,946,0003.9m $4.4m $4.4m 0.01% Reduced -3.9m -3,946,000
23 Warberg Asset Management LLC 1.28% of their portfolio WINNETKA, IL 3,797,0003.8m $4.2m $4.2m 1.28% Added +11.0k +11,000
24 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 3,000,0003.0m $3.3m $3.3m 0.00% Unchanged
25 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 3,000,0003.0m $3.4m $3.4m 0.00% Added +2.0m +2,000,786
26 PALISADE CAPITAL MANAGEMENT, LP 0.08% of their portfolio FORT LEE, NJ 2,748,0002.7m $3.1m $3.1m 0.08% Unchanged
27 Fore Capital, LLC 4.79% of their portfolio New York, NY 2,000,0002.0m $2.2m $2.2m 4.79% Unchanged
28 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 2,000,0002.0m $2.2m $2.2m 0.01% Unchanged
29 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,800,0001.8m $2.0m $2.0m 0.00% New
30 OAKTREE CAPITAL MANAGEMENT LP 0.02% of their portfolio LOS ANGELES, CA 1,200,0001.2m $1.3m $1.3m 0.02% Reduced -700.0k -700,000
31 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 1,000,0001.0m $1.2m $1.2m 0.00% Unchanged
32 Jefferies Financial Group Inc. 0.02% of their portfolio NEW YORK, NY 917,000917.0k $1.0m $1.0m 0.02% Reduced -544.0k -544,000
33 Quaero Capital S.A. 0.81% of their portfolio GENEVE, V8 700,000700.0k $781.0k $781.0k 0.81% Unchanged
34 BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 603,000603.0k $673.6k $673.6k 0.02% Added +282.0k +282,000
35 Mirabaud Asset Management (France) SAS 0.25% of their portfolio PARIS, I0 600,000600.0k $670.2k $670.2k 0.25% First filing
36 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 450,000450.0k $502.2k $502.2k 0.00% Unchanged
37 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 300,000300.0k $334.8k $334.8k 0.00% Reduced -2.2m -2,200,000
38 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $335.5k $335.5k 0.00% New
39 NOMURA HOLDINGS INC 0.03% of their portfolio TOKYO, M0 133,874133.9k $3.4m $3.4m 0.03% New
40 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 51,00051.0k $56.9k $56.9k 0.00% New
41 SG Americas Securities, LLC 0.04% of their portfolio NEW YORK, NY 32,50032.5k $3.6m $3.6m 0.04% Reduced -12.5k -12,500
42 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 11,00011.0k $12.3k $12.3k 0.00% Unchanged
43 K2 PRINCIPAL FUND, L.P. 2.23% of their portfolio TORONTO, A6 8,5008.5k $9.5m $9.5m 2.23% Unchanged
44 Boussard & Gavaudan Investment Management LLP 1.34% of their portfolio London, X0 6,1006.1k $6.8m $6.8m 1.34% Added +2.5k +2,500
45 Verition Fund Management LLC 0.06% of their portfolio GREENWICH, CT 4,9044.9k $5.5m $5.5m 0.06% Unchanged
46 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged