Vault-13

BOX INC BOX 0 01.15.26

NOTE 1/1 · US DOMESTIC · CUSIP 10316TAB0

42 institutional holders +1 vs Q1 2024
10,797,73710.8m shares reported held*
$420.1mreported value*
5 new 7 added 10 reduced 3 sold out net bought ≈ $2.0m (-4.2m 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 ($5.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $39.43.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 44Q4 22: 47Q1 23: 49Q2 23: 48Q3 23: 47Q4 23: 46Q1 24: 41Q2 24: 4242Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202244
Q4 202247
Q1 202349
Q2 202348
Q3 202347
Q4 202346
Q1 202441
Q2 202442

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 outQ2 23: 16 bought or addedQ2 23: 20 cut or sold outQ2 23Q3 23: 22 bought or addedQ3 23: 20 cut or sold outQ4 23: 20 bought or addedQ4 23: 17 cut or sold outQ4 23Q1 24: 14 bought or addedQ1 24: 22 cut or sold outQ2 24: 12 bought or addedQ2 24: 13 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221717
Q1 20232222
Q2 20231620
Q3 20232220
Q4 20232017
Q1 20241422
Q2 20241213

Biggest buyers

Opti Capital Management, LP New +24,791,000+24.8m
BANK OF AMERICA CORP /DE/ New +2,782,000+2.8m
III Capital Management Added +2,449,000+2.4m
MILLENNIUM MANAGEMENT LLC Added +2,252,000+2.3m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +1,120,000+1.1m
Jefferies Financial Group Inc. New +798,000+798.0k
M&G PLC Added +665,000+665.0k
SHENKMAN CAPITAL MANAGEMENT INC Added +421,000+421.0k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC New +300,000+300.0k
BlackRock Inc. Added +225,000+225.0k

Biggest sellers

STEELHEAD PARTNERS LLC Reduced -8,000,000-8.0m
Centiva Capital, LP Sold out -7,500,000-7.5m
TORONTO DOMINION BANK Sold out -3,946,000-3.9m
BARCLAYS PLC Reduced -3,520,000-3.5m
MORGAN STANLEY Sold out -3,360,000-3.4m
CITIGROUP INC Reduced -3,145,000-3.1m
Warberg Asset Management LLC Reduced -2,101,000-2.1m
Man Group plc Reduced -1,171,000-1.2m
JPMORGAN CHASE & CO Reduced -970,000-970.0k
JANE STREET GROUP, LLC Reduced -225,000-225.0k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 38,594,00038.6m $44.3m $44.3m 0.00% Reduced -970.0k -970,000
2 STEELHEAD PARTNERS LLC 2.09% of their portfolio SEATTLE, WA 35,000,00035.0m $40.3m $40.3m 2.09% Reduced -8.0m -8,000,000
3 M&G PLC 0.21% of their portfolio London, X0 31,206,00031.2m $35.6m $35.6m 0.21% Added +665.0k +665,000
4 TENOR CAPITAL MANAGEMENT Co., L.P. 0.53% of their portfolio NEW YORK, NY 29,620,00029.6m $34.0m $34.0m 0.53% Added +1.1m +1,120,000
5 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 26,000,00026.0m $29.8m $29.8m 0.02% Added +2.3m +2,252,000
6 Calamos Advisors LLC 0.14% of their portfolio NAPERVILLE, IL 25,000,00025.0m $28.8m $28.8m 0.14% Reduced -58.0k -58,000
7 Opti Capital Management, LP 2.12% of their portfolio New York, NY 24,791,00024.8m $28.5m $28.5m 2.12% New
8 III Capital Management 1.30% of their portfolio BOCA RATON, FL 20,430,00020.4m $23.5m $23.5m 1.30% Added +2.4m +2,449,000
9 Man Group plc 0.06% of their portfolio LONDON, X0 19,524,00019.5m $22.4m $22.4m 0.06% Reduced -1.2m -1,171,000
10 BlackRock Inc. 0.00% of their portfolio New York, NY 16,250,00016.2m $18.6m $18.6m 0.00% Added +225.0k +225,000
11 DeepCurrents Investment Group LLC 0.71% of their portfolio NEW YORK, NY 15,338,00015.3m $17.6m $17.6m 0.71% Unchanged
12 SHENKMAN CAPITAL MANAGEMENT INC 1.35% of their portfolio NEW YORK, NY 13,300,00013.3m $15.7m $15.7m 1.35% Added +421.0k +421,000
13 Flow State Investments, L.P. 4.38% of their portfolio CHICAGO, IL 12,025,00012.0m $13.8m $13.8m 4.38% Unchanged
14 ABSOLUTE INVESTMENT ADVISERS, LLC 1.19% of their portfolio ROSEMARY BEACH, FL 7,000,0007.0m $8.1m $8.1m 1.19% Unchanged
15 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 6,732,0006.7m $7.7m $7.7m 0.01% Reduced -3.1m -3,145,000
16 Kohlberg Kravis Roberts & Co. L.P. 0.19% of their portfolio NEW YORK, NY 5,500,0005.5m $6.3m $6.3m 0.19% Unchanged
17 Verition Fund Management LLC 0.04% of their portfolio GREENWICH, CT 4,904,0004.9m $5.6m $5.6m 0.04% Unchanged
18 FMR LLC 0.00% of their portfolio BOSTON, MA 4,669,0004.7m $5.4m $5.4m 0.00% Unchanged
19 ADVENT CAPITAL MANAGEMENT /DE/ 0.11% of their portfolio NEW YORK, NY 4,074,0004.1m $4.7m $4.7m 0.11% Unchanged
20 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 3,000,0003.0m $3.4m $3.4m 0.00% Unchanged
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,782,0002.8m $3.2m $3.2m 0.00% New
22 PALISADE CAPITAL MANAGEMENT, LP 0.08% of their portfolio FORT LEE, NJ 2,518,0002.5m $2.9m $2.9m 0.08% Unchanged
23 Fore Capital, LLC 3.48% of their portfolio New York, NY 2,000,0002.0m $2.3m $2.3m 3.48% Unchanged
24 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 2,000,0002.0m $2.3m $2.3m 0.01% Unchanged
25 Warberg Asset Management LLC 0.52% of their portfolio WINNETKA, IL 1,700,0001.7m $2.0m $2.0m 0.52% Reduced -2.1m -2,101,000
26 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,475,0001.5m $1.7m $1.7m 0.00% Reduced -225.0k -225,000
27 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,309,0001.3m $1.5m $1.5m 0.00% Reduced -3.5m -3,520,000
28 Jefferies Financial Group Inc. 0.02% of their portfolio NEW YORK, NY 798,000798.0k $918.2k $918.2k 0.02% New
29 Quaero Capital S.A. 1.09% of their portfolio GENEVE, V8 700,000700.0k $800.9k $800.9k 1.09% Unchanged
30 BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 688,000688.0k $791.3k $791.3k 0.02% Reduced -151.0k -151,000
31 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 450,000450.0k $515.9k $515.9k 0.00% Unchanged
32 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 300,000300.0k $343.9k $343.9k 0.00% New
33 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $344.0k $344.0k 0.00% Unchanged
34 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 171,000171.0k $196.9k $196.9k 0.00% Unchanged
35 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 132,000132.0k $151.3k $151.3k 0.00% Added +100.0k +100,000
36 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 51,00051.0k $58.5k $58.5k 0.00% Unchanged
37 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 14,00014.0k $1.6m $1.6m 0.01% Reduced -7.5k -7,500
38 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 11,73711.7k $310.3k $310.3k 0.00% New
39 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 11,00011.0k $12.6k $12.6k 0.00% Unchanged
40 K2 PRINCIPAL FUND, L.P. 2.16% of their portfolio TORONTO, A6 8,5008.5k $9.8m $9.8m 2.16% Unchanged
41 Alken Asset Management Ltd 0.02% of their portfolio LONDON, X0 1,0501.1k $1.2k $1.2k 0.02% Unchanged
42 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged