Vault-13

BOX INC BOX 0 01.15.26

NOTE 1/1 · US DOMESTIC · CUSIP 10316TAB0

22 institutional holders -4 vs Q1 2025
6,027,3076.0m shares reported held*
$266.8mreported value*
2 new 6 added 1 reduced 6 sold out net bought ≈ $950.7k (-566.0k 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. Implied quarter-end price ≈ $44.26.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 44Q4 22: 47Q1 23: 49Q2 23: 48Q3 23: 47Q4 23: 46Q1 24: 41Q2 24: 42Q3 24: 30Q4 24: 28Q1 25: 26Q2 25: 2222Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202244
Q4 202247
Q1 202349
Q2 202348
Q3 202347
Q4 202346
Q1 202441
Q2 202442
Q3 202430
Q4 202428
Q1 202526
Q2 202522

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 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 24Q3 24: 8 bought or addedQ3 24: 30 cut or sold outQ4 24: 5 bought or addedQ4 24: 11 cut or sold outQ4 24Q1 25: 8 bought or addedQ1 25: 11 cut or sold outQ2 25: 8 bought or addedQ2 25: 7 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232220
Q4 20232017
Q1 20241422
Q2 20241213
Q3 2024830
Q4 2024511
Q1 2025811
Q2 202587

Biggest buyers

LAZARD ASSET MANAGEMENT LLC Added +10,907,000+10.9m
STEELHEAD PARTNERS LLC Added +2,417,000+2.4m
BNP PARIBAS FINANCIAL MARKETS New +200,000+200.0k
JPMORGAN CHASE & CO Added +50,000+50.0k
BARCLAYS PLC New +14,000+14.0k
Boussard & Gavaudan Investment Management LLP Added +11,865+11.9k
Warberg Asset Management LLC Added +11,000+11.0k
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Added +1+1

Biggest sellers

Man Group plc Sold out -5,324,000-5.3m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -3,080,000-3.1m
SHENKMAN CAPITAL MANAGEMENT INC Sold out -2,416,000-2.4m
JANE STREET GROUP, LLC Sold out -1,491,000-1.5m
Bank of New York Mellon Corp Sold out -300,000-300.0k
NOMURA HOLDINGS INC Sold out -277,881-277.9k
Squarepoint Ops LLC Sold out -10,000-10.0k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 STEELHEAD PARTNERS LLC 3.07% of their portfolio SEATTLE, WA 45,609,00045.6m $60.9m $60.9m 3.07% Added +2.4m +2,417,000
2 LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 21,800,00021.8m $29.2m $29.2m 0.04% Added +10.9m +10,907,000
3 DeepCurrents Investment Group LLC 0.75% of their portfolio NEW YORK, NY 15,338,00015.3m $20.5m $20.5m 0.75% Unchanged
4 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 15,279,00015.3m $20.5m $20.5m 0.00% Added +50.0k +50,000
5 BlackRock, Inc. 0.00% of their portfolio New York, NY 13,000,00013.0m $17.3m $17.3m 0.00% Unchanged
6 Calamos Advisors LLC 0.07% of their portfolio NAPERVILLE, IL 12,000,00012.0m $16.0m $16.0m 0.07% Unchanged
7 Warberg Asset Management LLC 3.70% of their portfolio WINNETKA, IL 11,302,00011.3m $15.1m $15.1m 3.70% Added +11.0k +11,000
8 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 10,000,00010.0m $13.4m $13.4m 0.01% Unchanged
9 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.68% of their portfolio NEW YORK, NY 9,808,0009.8m $13.1m $13.1m 0.68% Unchanged
10 ABSOLUTE INVESTMENT ADVISERS, LLC 0.83% of their portfolio ROSEMARY BEACH, FL 5,000,0005.0m $6.7m $6.7m 0.83% Unchanged
11 ADVENT CAPITAL MANAGEMENT /DE/ 0.12% of their portfolio NEW YORK, NY 4,200,0004.2m $5.6m $5.6m 0.12% Reduced -3.1m -3,080,000
12 M&G PLC 0.02% of their portfolio London, X0 2,894,0002.9m $3.8m $3.8m 0.02% Unchanged
13 FMR LLC 0.00% of their portfolio BOSTON, MA 2,072,0002.1m $2.8m $2.8m 0.00% Unchanged
14 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 1,000,0001.0m $1.3m $1.3m 0.00% Added +1 +1
15 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 234,000234.0k $312.0k $312.0k 0.00% Unchanged
16 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 200,000200.0k $266.7k $266.7k 0.00% New
17 Boussard & Gavaudan Investment Management LLP 4.68% of their portfolio London, X0 27,30727.3k $36.5m $36.5m 4.68% Added +11.9k +11,865
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 25,00025.0k $33.3k $33.3k 0.00% Unchanged
19 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 14,00014.0k $18.6k $18.6k 0.00% New
20 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 14,00014.0k $1.9m $1.9m 0.01% Unchanged
21 Alken Asset Management Ltd 2.67% of their portfolio LONDON, X0 1,1501.1k $1.5m $1.5m 2.67% Unchanged
22 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged