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
2.7m
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
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 62 |
| Q4 2022 | 64 |
| Q1 2023 | 53 |
| Q2 2023 | 54 |
| Q3 2023 | 39 |
| Q4 2023 | 38 |
| Q1 2024 | 34 |
| Q2 2024 | 33 |
| Q3 2024 | 27 |
| Q4 2024 | 25 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 22 | 30 |
| Q2 2023 | 20 | 22 |
| Q3 2023 | 12 | 37 |
| Q4 2023 | 15 | 17 |
| Q1 2024 | 17 | 24 |
| Q2 2024 | 13 | 18 |
| Q3 2024 | 9 | 11 |
| Q4 2024 | 5 | 9 |
Biggest buyers
| TENOR CAPITAL MANAGEMENT Co., L.P. | Added | +13.3m |
| TWO SIGMA INVESTMENTS, LP | Added | +13.3m |
| CITADEL ADVISORS LLC | Added | +5.0m |
| MAI Capital Management | New | +12.0k |
| Alpine Global Management, LLC | Added | +7.2k |
Biggest sellers
| BANK OF AMERICA CORP /DE/ | Reduced | -18.6m |
| Verition Fund Management LLC | Sold out | -9.8m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -5.0m |
| Walleye Capital LLC | Sold out | -4.0m |
| SILVERBACK ASSET MANAGEMENT LLC | Sold out | -3.0m |
| Thrivent Financial for Lutherans | Reduced | -315.0k |
| Wellesley Asset Management | Reduced | -173.0k |
| JPMORGAN CHASE & CO | Reduced | -126.0k |
| Fox Hill Wealth Management | Reduced | -3.0k |
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| DeepCurrents Investment Group LLC 1.40% of their portfolio | 32.3m $42.1m | Unchanged |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.47% of their portfolio | 25.7m $33.8m | Added +13.3m |
| TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio | 25.4m $33.0m | Added +13.3m |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 22.9m $29.9m | Added +5.0m |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 15.0m $19.6m | Reduced -5.0m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 8.6m $11.2m | Unchanged |
| Amundi 0.00% of their portfolio | 7.0m $9.1m | Unchanged |
| Wellesley Asset Management 0.63% of their portfolio | 4.6m $6.0m | Reduced -173.0k |
| CAMDEN ASSET MANAGEMENT L P /CA 0.10% of their portfolio | 2.9m $3.8m | Unchanged |
| ADVENT CAPITAL MANAGEMENT /DE/ 0.08% of their portfolio | 2.6m $3.4m | Unchanged |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 2.5m $3.3m | Reduced -315.0k |
| CITIGROUP INC 0.00% of their portfolio | 1.4m $1.8m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 866.0k $1.1m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 698.0k $927.4k | Reduced -126.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 150.0k $196.2k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 145.0k $188.6k | Unchanged |
| Fox Hill Wealth Management 0.10% of their portfolio | 132.0k $171.5k | Reduced -3.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 44.0k $57.2k | Reduced -18.6m |
| US BANCORP \DE\ 0.00% of their portfolio | 41.0k $53.3k | Unchanged |
| Alpine Global Management, LLC 2.43% of their portfolio | 14.2k $18.6m | Added +7.2k |
| SG Americas Securities, LLC 0.01% of their portfolio | 14.0k $1.8m | Unchanged |
| MAI Capital Management 0.00% of their portfolio | 12.0k $15.6k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 5.0k $7.0k | Unchanged |
| COMERICA BANK 0.00% of their portfolio | 4.0k $5.2k | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |