Vault-13

BURLINGTON STORES INC BURL 2.25 04.15.25

NOTE 2.250% 4/1 · US DOMESTIC · CUSIP 122017AB2

27 institutional holders -6 vs Q2 2024
2,984,9553.0m shares reported held*
$200.8mreported value*
2 new 7 added 4 reduced 7 sold out net bought ≈ $6.0m (-182.5k 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 ($12.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $71.38.

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 62Q4 22: 64Q1 23: 53Q2 23: 54Q3 23: 39Q4 23: 38Q1 24: 34Q2 24: 33Q3 24: 2727Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 202262
Q4 202264
Q1 202353
Q2 202354
Q3 202339
Q4 202338
Q1 202434
Q2 202433
Q3 202427

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 27 bought or addedQ4 22: 21 cut or sold outQ1 23: 22 bought or addedQ1 23: 30 cut or sold outQ1 23Q2 23: 20 bought or addedQ2 23: 22 cut or sold outQ3 23: 12 bought or addedQ3 23: 37 cut or sold outQ3 23Q4 23: 15 bought or addedQ4 23: 17 cut or sold outQ1 24: 17 bought or addedQ1 24: 24 cut or sold outQ1 24Q2 24: 13 bought or addedQ2 24: 18 cut or sold outQ3 24: 9 bought or addedQ3 24: 11 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222721
Q1 20232230
Q2 20232022
Q3 20231237
Q4 20231517
Q1 20241724
Q2 20241318
Q3 2024911

Biggest buyers

MANUFACTURERS LIFE INSURANCE COMPANY, THE New +8,550,000+8.6m
TWO SIGMA INVESTMENTS, LP Added +7,540,000+7.5m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +4,916,000+4.9m
CITADEL ADVISORS LLC Added +4,878,000+4.9m
JPMORGAN CHASE & CO Added +340,000+340.0k
CITIGROUP INC Added +50,000+50.0k
COMERICA BANK New +4,000+4.0k
MORGAN STANLEY Added +4,000+4.0k
Alpine Global Management, LLC Added +1,500+1.5k

Biggest sellers

SHENKMAN CAPITAL MANAGEMENT INC Sold out -8,676,000-8.7m
Jefferies Financial Group Inc. Sold out -3,227,000-3.2m
FRANKLIN RESOURCES INC Sold out -3,000,000-3.0m
BANK OF MONTREAL /CAN/ Sold out -2,700,000-2.7m
Wellesley Asset Management Reduced -2,539,000-2.5m
BANK OF AMERICA CORP /DE/ Reduced -573,000-573.0k
SSI INVESTMENT MANAGEMENT LLC Sold out -394,000-394.0k
Thrivent Financial for Lutherans Reduced -174,000-174.0k
CAMDEN ASSET MANAGEMENT L P /CA Reduced -100,000-100.0k
Virtus Investment Advisers, LLC Sold out -42,000-42.0k

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 DeepCurrents Investment Group LLC 1.29% of their portfolio NEW YORK, NY 32,285,00032.3m $40.3m $40.3m 1.29% Unchanged
2 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 20,010,00020.0m $25.0m $25.0m 0.02% Unchanged
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 18,651,00018.7m $23.2m $23.2m 0.00% Reduced -573.0k -573,000
4 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 17,878,00017.9m $22.3m $22.3m 0.02% Added +4.9m +4,878,000
5 TENOR CAPITAL MANAGEMENT Co., L.P. 0.22% of their portfolio NEW YORK, NY 12,416,00012.4m $15.6m $15.6m 0.22% Added +4.9m +4,916,000
6 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 12,040,00012.0m $15.0m $15.0m 0.03% Added +7.5m +7,540,000
7 Verition Fund Management LLC 0.08% of their portfolio GREENWICH, CT 9,832,0009.8m $12.3m $12.3m 0.08% Unchanged
8 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 8,550,0008.6m $10.7m $10.7m 0.01% New
9 Amundi 0.00% of their portfolio Paris, I0 7,000,0007.0m $8.4m $8.4m 0.00% Unchanged
10 Wellesley Asset Management 0.58% of their portfolio PORTSMOUTH, NH 4,794,0004.8m $6.0m $6.0m 0.58% Reduced -2.5m -2,539,000
11 Walleye Capital LLC 0.05% of their portfolio NEW YORK, NY 4,000,0004.0m $5.0m $5.0m 0.05% Unchanged
12 SILVERBACK ASSET MANAGEMENT LLC 0.53% of their portfolio DURHAM, NC 3,000,0003.0m $3.8m $3.8m 0.53% Unchanged
13 CAMDEN ASSET MANAGEMENT L P /CA 0.10% of their portfolio Los Angeles, CA 2,925,0002.9m $3.6m $3.6m 0.10% Reduced -100.0k -100,000
14 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 2,839,0002.8m $3.5m $3.5m 0.01% Reduced -174.0k -174,000
15 ADVENT CAPITAL MANAGEMENT /DE/ 0.08% of their portfolio NEW YORK, NY 2,600,0002.6m $3.3m $3.3m 0.08% Unchanged
16 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,379,0001.4m $1.7m $1.7m 0.00% Added +50.0k +50,000
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 866,000866.0k $1.1m $1.1m 0.00% Added +4.0k +4,000
18 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 824,000824.0k $1.1m $1.1m 0.00% Added +340.0k +340,000
19 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 150,000150.0k $188.2k $188.2k 0.00% Unchanged
20 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 145,000145.0k $180.6k $180.6k 0.00% Unchanged
21 Fox Hill Wealth Management 0.09% of their portfolio DEDHAM, MA 135,000135.0k $168.1k $168.1k 0.09% Unchanged
22 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 41,00041.0k $51.1k $51.1k 0.00% Unchanged
23 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 14,00014.0k $1.7m $1.7m 0.01% Unchanged
24 Alpine Global Management, LLC 2.12% of their portfolio NEW YORK, NY 6,9557.0k $8.8m $8.8m 2.12% Added +1.5k +1,500
25 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 5,0005.0k $6.0k $6.0k 0.00% Unchanged
26 COMERICA BANK 0.00% of their portfolio DALLAS, TX 4,0004.0k $5.0k $5.0k 0.00% New
27 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged