Vault-13

BURLINGTON STORES INC BURL 2.25 04.15.25

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

25 institutional holders -2 vs Q3 2024
2,686,2002.7m shares reported held*
$220.1mreported value*
1 new 4 added 6 reduced 3 sold out net sold ≈ $12.2m (-298.8k 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 ≈ $81.95.

Trends to Q4 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: 27Q4 24: 2525Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 202262
Q4 202264
Q1 202353
Q2 202354
Q3 202339
Q4 202338
Q1 202434
Q2 202433
Q3 202427
Q4 202425

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 23: 22 bought or addedQ1 23: 30 cut or sold outQ2 23: 20 bought or addedQ2 23: 22 cut or sold outQ2 23Q3 23: 12 bought or addedQ3 23: 37 cut or sold outQ4 23: 15 bought or addedQ4 23: 17 cut or sold outQ4 23Q1 24: 17 bought or addedQ1 24: 24 cut or sold outQ2 24: 13 bought or addedQ2 24: 18 cut or sold outQ2 24Q3 24: 9 bought or addedQ3 24: 11 cut or sold outQ4 24: 5 bought or addedQ4 24: 9 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 20232230
Q2 20232022
Q3 20231237
Q4 20231517
Q1 20241724
Q2 20241318
Q3 2024911
Q4 202459

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. Added +13,326,000+13.3m
TWO SIGMA INVESTMENTS, LP Added +13,325,000+13.3m
CITADEL ADVISORS LLC Added +5,000,000+5.0m
MAI Capital Management New +12,000+12.0k
Alpine Global Management, LLC Added +7,245+7.2k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -18,607,000-18.6m
Verition Fund Management LLC Sold out -9,832,000-9.8m
MILLENNIUM MANAGEMENT LLC Reduced -5,000,000-5.0m
Walleye Capital LLC Sold out -4,000,000-4.0m
SILVERBACK ASSET MANAGEMENT LLC Sold out -3,000,000-3.0m
Thrivent Financial for Lutherans Reduced -315,000-315.0k
Wellesley Asset Management Reduced -173,000-173.0k
JPMORGAN CHASE & CO Reduced -126,000-126.0k
Fox Hill Wealth Management Reduced -3,000-3.0k

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 DeepCurrents Investment Group LLC 1.40% of their portfolio NEW YORK, NY 32,285,00032.3m $42.1m $42.1m 1.40% Unchanged
2 TENOR CAPITAL MANAGEMENT Co., L.P. 0.47% of their portfolio NEW YORK, NY 25,742,00025.7m $33.8m $33.8m 0.47% Added +13.3m +13,326,000
3 TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio NEW YORK, NY 25,365,00025.4m $33.0m $33.0m 0.08% Added +13.3m +13,325,000
4 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 22,878,00022.9m $29.9m $29.9m 0.03% Added +5.0m +5,000,000
5 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 15,010,00015.0m $19.6m $19.6m 0.02% Reduced -5.0m -5,000,000
6 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 8,550,0008.6m $11.2m $11.2m 0.01% Unchanged
7 Amundi 0.00% of their portfolio Paris, I0 7,000,0007.0m $9.1m $9.1m 0.00% Unchanged
8 Wellesley Asset Management 0.63% of their portfolio PORTSMOUTH, NH 4,621,0004.6m $6.0m $6.0m 0.63% Reduced -173.0k -173,000
9 CAMDEN ASSET MANAGEMENT L P /CA 0.10% of their portfolio Los Angeles, CA 2,925,0002.9m $3.8m $3.8m 0.10% Unchanged
10 ADVENT CAPITAL MANAGEMENT /DE/ 0.08% of their portfolio NEW YORK, NY 2,600,0002.6m $3.4m $3.4m 0.08% Unchanged
11 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 2,524,0002.5m $3.3m $3.3m 0.01% Reduced -315.0k -315,000
12 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,379,0001.4m $1.8m $1.8m 0.00% Unchanged
13 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 866,000866.0k $1.1m $1.1m 0.00% Unchanged
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 698,000698.0k $927.4k $927.4k 0.00% Reduced -126.0k -126,000
15 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 150,000150.0k $196.2k $196.2k 0.00% Unchanged
16 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 145,000145.0k $188.6k $188.6k 0.00% Unchanged
17 Fox Hill Wealth Management 0.10% of their portfolio DEDHAM, MA 132,000132.0k $171.5k $171.5k 0.10% Reduced -3.0k -3,000
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 44,00044.0k $57.2k $57.2k 0.00% Reduced -18.6m -18,607,000
19 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 41,00041.0k $53.3k $53.3k 0.00% Unchanged
20 Alpine Global Management, LLC 2.43% of their portfolio NEW YORK, NY 14,20014.2k $18.6m $18.6m 2.43% Added +7.2k +7,245
21 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 14,00014.0k $1.8m $1.8m 0.01% Unchanged
22 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 12,00012.0k $15.6k $15.6k 0.00% New
23 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 5,0005.0k $7.0k $7.0k 0.00% Unchanged
24 COMERICA BANK 0.00% of their portfolio DALLAS, TX 4,0004.0k $5.2k $5.2k 0.00% Unchanged
25 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged