Vault-13

COINBASE GLOBAL INC COIN 0.5 06.01.26

NOTE 0.500% 6/0 · US DOMESTIC · CUSIP 19260QAB3

58 institutional holders +9 vs Q3 2024
29,102,55829.1m shares reported held*
$2.0bnreported value*
18 new 16 added 12 reduced 9 sold out net sold ≈ $5.7m (-4.8m 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 ≈ $67.51.

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 54Q4 22: 57Q1 23: 60Q2 23: 53Q3 23: 55Q4 23: 50Q1 24: 45Q2 24: 47Q3 24: 49Q4 24: 5858Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 202254
Q4 202257
Q1 202360
Q2 202353
Q3 202355
Q4 202350
Q1 202445
Q2 202447
Q3 202449
Q4 202458

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 23: 33 bought or addedQ1 23: 18 cut or sold outQ2 23: 14 bought or addedQ2 23: 35 cut or sold outQ2 23Q3 23: 25 bought or addedQ3 23: 24 cut or sold outQ4 23: 33 bought or addedQ4 23: 23 cut or sold outQ4 23Q1 24: 22 bought or addedQ1 24: 37 cut or sold outQ2 24: 27 bought or addedQ2 24: 23 cut or sold outQ2 24Q3 24: 20 bought or addedQ3 24: 19 cut or sold outQ4 24: 34 bought or addedQ4 24: 21 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 20233318
Q2 20231435
Q3 20232524
Q4 20233323
Q1 20242237
Q2 20242723
Q3 20242019
Q4 20243421

Biggest buyers

Walleye Capital LLC New +45,500,000+45.5m
Sculptor Capital LP New +38,000,000+38.0m
LORD, ABBETT & CO. LLC New +22,669,000+22.7m
ROYAL BANK OF CANADA New +21,150,000+21.1m
WHITEBOX ADVISORS LLC Added +20,421,000+20.4m
Point72 Asset Management, L.P. New +17,500,000+17.5m
DEUTSCHE BANK AG\ New +15,817,000+15.8m
Graham Capital Management, L.P. Added +15,500,000+15.5m
SILVERBACK ASSET MANAGEMENT LLC New +12,500,000+12.5m
BANK OF AMERICA CORP /DE/ Added +10,936,700+10.9m

Biggest sellers

FMR LLC Reduced -103,053,000-103.1m
Linden Advisors LP Reduced -42,700,000-42.7m
LAZARD ASSET MANAGEMENT LLC Sold out -33,834,000-33.8m
VOYA INVESTMENT MANAGEMENT LLC Reduced -29,000,000-29.0m
CITADEL ADVISORS LLC Sold out -20,000,000-20.0m
D. E. Shaw & Co., Inc. Reduced -11,225,000-11.2m
LORD, ABBETT & CO. LLC Sold out -10,620,000-10.6m
SCHRODER INVESTMENT MANAGEMENT GROUP Sold out -9,275,000-9.3m
Verition Fund Management LLC Sold out -3,816,000-3.8m
JPMORGAN CHASE & CO Reduced -3,315,000-3.3m

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.33% of their portfolio ATLANTA, GA 300,050,000300.1m $315.1m $315.1m 0.33% Reduced -29.0m -29,000,000
2 WOLVERINE ASSET MANAGEMENT LLC 1.93% of their portfolio CHICAGO, IL 103,085,000103.1m $108.2m $108.2m 1.93% Added +2.0m +2,000,000
3 D. E. Shaw & Co., Inc. 0.12% of their portfolio New York, NY 102,275,000102.3m $107.1m $107.1m 0.12% Reduced -11.2m -11,225,000
4 Linden Advisors LP 0.74% of their portfolio New York, NY 84,913,00084.9m $89.0m $89.0m 0.74% Reduced -42.7m -42,700,000
5 Graham Capital Management, L.P. 2.44% of their portfolio ROWAYTON, CT 75,500,00075.5m $79.1m $79.1m 2.44% Added +15.5m +15,500,000
6 HBK INVESTMENTS L P 1.30% of their portfolio DALLAS, TX 65,420,00065.4m $68.5m $68.5m 1.30% Added +7.4m +7,430,000
7 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 48,250,00048.2m $50.5m $50.5m 0.04% Added +1.9m +1,905,000
8 Walleye Capital LLC 0.45% of their portfolio NEW YORK, NY 45,500,00045.5m $47.8m $47.8m 0.45% New
9 Parallax Volatility Advisers, L.P. 0.92% of their portfolio San Francisco, CA 40,000,00040.0m $41.9m $41.9m 0.92% Unchanged
10 ADVENT CAPITAL MANAGEMENT /DE/ 0.93% of their portfolio NEW YORK, NY 38,315,00038.3m $40.2m $40.2m 0.93% Reduced -1.1m -1,150,000
11 Sculptor Capital LP 0.64% of their portfolio New York, NY 38,000,00038.0m $40.0m $40.0m 0.64% New
12 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 35,003,00035.0m $37.1m $37.1m 0.02% Unchanged
13 Calamos Advisors LLC 0.16% of their portfolio NAPERVILLE, IL 32,697,00032.7m $34.4m $34.4m 0.16% Added +1.9m +1,908,000
14 WHITEBOX ADVISORS LLC 1.25% of their portfolio MINNEAPOLIS, MN 32,421,00032.4m $34.0m $34.0m 1.25% Added +20.4m +20,421,000
15 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 28,982,00029.0m $30.4m $30.4m 0.00% Added +4.2m +4,200,000
16 LORD, ABBETT & CO. LLC 0.08% of their portfolio JERSEY CITY, NJ 22,669,00022.7m $23.8m $23.8m 0.08% New
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 21,150,00021.1m $22.4m $22.4m 0.00% New
18 Point72 Asset Management, L.P. 0.05% of their portfolio STAMFORD, CT 17,500,00017.5m $18.4m $18.4m 0.05% New
19 FMR LLC 0.00% of their portfolio BOSTON, MA 16,585,00016.6m $17.4m $17.4m 0.00% Reduced -103.1m -103,053,000
20 DeepCurrents Investment Group LLC 0.57% of their portfolio NEW YORK, NY 16,406,00016.4m $17.2m $17.2m 0.57% Added +2.0m +2,000,000
21 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 15,817,00015.8m $16.6m $16.6m 0.01% New
22 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 13,422,00013.4m $14.1m $14.1m 0.03% Reduced -1.4m -1,425,000
23 BlackRock, Inc. 0.00% of their portfolio New York, NY 13,000,00013.0m $13.6m $13.6m 0.00% Added +2.0m +2,025,000
24 SILVERBACK ASSET MANAGEMENT LLC 1.97% of their portfolio DURHAM, NC 12,500,00012.5m $13.1m $13.1m 1.97% New
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 11,847,00011.8m $12.5m $12.5m 0.00% Reduced -3.3m -3,315,000
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 10,937,60010.9m $11.5m $11.5m 0.00% Added +10.9m +10,936,700
27 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 10,100,00010.1m $10.7m $10.7m 0.01% Unchanged
28 Rokos Capital Management LLP 0.23% of their portfolio LONDON, X0 10,000,00010.0m $10.6m $10.6m 0.23% New
29 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 6,621,0006.6m $6.9m $6.9m 0.01% Added +1.3m +1,312,000
30 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 6,025,0006.0m $6.4m $6.4m 0.01% New
31 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 5,359,0005.4m $5.6m $5.6m 0.01% Reduced -3.3m -3,298,000
32 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 4,405,0004.4m $4.7m $4.7m 0.00% Added +2.3m +2,336,000
33 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 3,000,0003.0m $3.1m $3.1m 0.00% New
34 NOMURA HOLDINGS INC 3.18% of their portfolio TOKYO, M0 2,427,5582.4m $602.8m $602.8m 3.18% Reduced -1.3k -1,279
35 AXA S.A. 0.01% of their portfolio PARIS, I0 2,380,0002.4m $2.6m $2.6m 0.01% New
36 ZAZOVE ASSOCIATES LLC 0.20% of their portfolio INCLINE VILLAGE, NV 2,000,0002.0m $2.1m $2.1m 0.20% New
37 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,026,0001.0m $1.1m $1.1m 0.00% New
38 Nicholas Investment Partners, LP 0.09% of their portfolio RANCHO SANTA FE, CA 1,000,0001.0m $1.0m $1.0m 0.09% New
39 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 575,000575.0k $619.2k $619.2k 0.00% Unchanged
40 Amundi 0.00% of their portfolio Paris, I0 510,000510.0k $542.9k $542.9k 0.00% New
41 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 500,000500.0k $529.3k $529.3k 0.00% Reduced -100.0k -100,000
42 Quaero Capital S.A. 0.67% of their portfolio GENEVE, V8 500,000500.0k $528.1k $528.1k 0.67% New
43 SSI INVESTMENT MANAGEMENT LLC 0.03% of their portfolio Los Angeles, CA 386,000386.0k $404.3k $404.3k 0.03% Reduced -135.0k -135,000
44 KBC Group NV 0.00% of their portfolio Brussels, C9 200,000200.0k $209.0k $209.0k 0.00% Unchanged
45 Man Group plc 0.00% of their portfolio LONDON, X0 200,000200.0k $209.5k $209.5k 0.00% Unchanged
46 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 153,000153.0k $161.0k $161.0k 0.01% Reduced -30.0k -30,000
47 AQR Arbitrage LLC 0.00% of their portfolio Greenwich, CT 130,000130.0k $136.5k $136.5k 0.00% Added +20.0k +20,000
48 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 75,00075.0k $79.0k $79.0k 0.00% New
49 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 55,00055.0k $58.0k $58.0k 0.00% Added +3.0k +3,000
50 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 27,00027.0k $28.3k $28.3k 0.00% Added +2.0k +2,000
51 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 26,00026.0k $27.2k $27.2k 0.00% Added +15.0k +15,000
52 FARMERS & MERCHANTS INVESTMENTS INC 0.00% of their portfolio LINCOLN, NE 25,00025.0k $26.1k $26.1k 0.00% Unchanged
53 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 19,00019.0k $19.9k $19.9k 0.00% Unchanged
54 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 16,00016.0k $16.8k $16.8k 0.00% First filing
55 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 10,00010.0k $10.5k $10.5k 0.00% New
56 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,5001.5k $1.6k $1.6k 0.00% Unchanged
57 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 1,0001.0k $1.0k $1.0k 0.00% Unchanged
58 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged