Vault-13

BURLINGTON STORES INC BURL 2.25 04.15.25

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

23 institutional holders -2 vs Q4 2024
152,500152.5k shares reported held*
$173.8mreported value*
5 new 4 added 3 reduced 7 sold out net bought ≈ $1.7m (-2.5m 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 ≈ $1139.65.

Trends to Q1 2025

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: 25Q1 25: 2323Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202262
Q4 202264
Q1 202353
Q2 202354
Q3 202339
Q4 202338
Q1 202434
Q2 202433
Q3 202427
Q4 202425
Q1 202523

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 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 24Q4 24: 5 bought or addedQ4 24: 9 cut or sold outQ1 25: 9 bought or addedQ1 25: 10 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20232022
Q3 20231237
Q4 20231517
Q1 20241724
Q2 20241318
Q3 2024911
Q4 202459
Q1 2025910

Biggest buyers

AQR Arbitrage LLC New +23,932,000+23.9m
Warberg Asset Management LLC New +7,158,000+7.2m
JPMORGAN CHASE & CO Added +3,775,000+3.8m
MORGAN STANLEY Added +2,331,000+2.3m
WELLS FARGO & COMPANY/MN Added +1,850,000+1.9m
Universal- Beteiligungs- und Servicegesellschaft mbH New +400,000+400.0k
Jefferies Financial Group Inc. New +200,000+200.0k
CITIGROUP INC Added +30,000+30.0k
BARCLAYS PLC New +5,000+5.0k

Biggest sellers

CITADEL ADVISORS LLC Sold out -22,878,000-22.9m
Wellesley Asset Management Sold out -4,621,000-4.6m
CAMDEN ASSET MANAGEMENT L P /CA Sold out -2,925,000-2.9m
ADVENT CAPITAL MANAGEMENT /DE/ Sold out -2,600,000-2.6m
Thrivent Financial for Lutherans Sold out -2,524,000-2.5m
DeepCurrents Investment Group LLC Reduced -2,400,000-2.4m
TWO SIGMA INVESTMENTS, LP Reduced -83,000-83.0k
US BANCORP \DE\ Sold out -41,000-41.0k
SG Americas Securities, LLC Sold out -14,000-14.0k
Alpine Global Management, LLC Reduced -9,700-9.7k

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 DeepCurrents Investment Group LLC 1.13% of their portfolio NEW YORK, NY 29,885,00029.9m $32.5m $32.5m 1.13% Reduced -2.4m -2,400,000
2 TENOR CAPITAL MANAGEMENT Co., L.P. 0.40% of their portfolio NEW YORK, NY 25,742,00025.7m $28.3m $28.3m 0.40% Unchanged
3 TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio NEW YORK, NY 25,282,00025.3m $27.6m $27.6m 0.06% Reduced -83.0k -83,000
4 AQR Arbitrage LLC 0.64% of their portfolio Greenwich, CT 23,932,00023.9m $26.2m $26.2m 0.64% New
5 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 15,010,00015.0m $16.3m $16.3m 0.02% Unchanged
6 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 8,550,0008.6m $9.3m $9.3m 0.01% Unchanged
7 Warberg Asset Management LLC 2.13% of their portfolio WINNETKA, IL 7,158,0007.2m $7.8m $7.8m 2.13% New
8 Amundi 0.00% of their portfolio Paris, I0 7,000,0007.0m $7.6m $7.6m 0.00% Unchanged
9 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,473,0004.5m $5.0m $5.0m 0.00% Added +3.8m +3,775,000
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,197,0003.2m $3.5m $3.5m 0.00% Added +2.3m +2,331,000
11 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,000,0002.0m $2.2m $2.2m 0.00% Added +1.9m +1,850,000
12 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,409,0001.4m $1.5m $1.5m 0.00% Added +30.0k +30,000
13 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 400,000400.0k $438.8k $438.8k 0.00% New
14 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 200,000200.0k $216.0k $216.0k 0.00% New
15 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 145,000145.0k $158.2k $158.2k 0.00% Unchanged
16 Fox Hill Wealth Management 0.08% of their portfolio DEDHAM, MA 132,000132.0k $143.5k $143.5k 0.08% Unchanged
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 44,00044.0k $48.0k $48.0k 0.00% Unchanged
18 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 12,00012.0k $13.2k $13.2k 0.00% Unchanged
19 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 5,0005.0k $5.4k $5.4k 0.00% New
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 5,0005.0k $5.0k $5.0k 0.00% Unchanged
21 Alpine Global Management, LLC 1.30% of their portfolio NEW YORK, NY 4,5004.5k $4.9m $4.9m 1.30% Reduced -9.7k -9,700
22 COMERICA BANK 0.00% of their portfolio DALLAS, TX 4,0004.0k $4.4k $4.4k 0.00% Unchanged
23 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged