Vault-13

DOCUSIGN INC DOCU 0 01.15.24

NOTE 1/1 · US DOMESTIC · CUSIP 256163AD8

56 institutional holders +0 vs Q4 2022
14,082,13014.1m shares reported held*
$3.9bnreported value*
14 new 9 added 15 reduced 14 sold out net sold ≈ $3.8m (-3.6m 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 ($5.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $275.84.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 56Q4 22: 56Q1 23: 5656Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202256
Q4 202256
Q1 202356

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 22 bought or addedQ4 22: 28 cut or sold outQ4 22Q1 23: 23 bought or addedQ1 23: 29 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222228
Q1 20232329

Biggest buyers

MANUFACTURERS LIFE INSURANCE COMPANY, THE New +34,460,000+34.5m
CITADEL ADVISORS LLC New +30,698,000+30.7m
ARISTEIA CAPITAL, L.L.C. Added +27,375,000+27.4m
D. E. Shaw & Co., Inc. New +20,250,000+20.2m
Linden Advisors LP Added +15,805,000+15.8m
GOLDMAN SACHS GROUP INC New +8,000,000+8.0m
FEDERATED HERMES, INC. New +5,145,000+5.1m
RATIONAL ADVISORS, INC. New +3,350,000+3.4m
STEELHEAD PARTNERS LLC Added +3,101,000+3.1m
Monashee Investment Management LLC New +3,000,000+3.0m

Biggest sellers

BlackRock Inc. Reduced -32,145,000-32.1m
Opti Capital Management, LP Sold out -22,505,000-22.5m
Point72 Asset Management, L.P. Sold out -18,500,000-18.5m
Nuveen Asset Management, LLC Sold out -14,000,000-14.0m
Man Group plc Sold out -11,930,000-11.9m
SILVERBACK ASSET MANAGEMENT LLC Sold out -10,850,000-10.8m
FMR LLC Reduced -10,033,000-10.0m
NorthCoast Asset Management LLC Sold out -7,480,000-7.5m
Amundi Reduced -7,470,000-7.5m
ADVENT CAPITAL MANAGEMENT /DE/ Sold out -6,800,000-6.8m

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.08% of their portfolio ATLANTA, GA 78,735,00078.7m $75.5m $75.5m 0.08% Unchanged
2 ARISTEIA CAPITAL, L.L.C. 1.69% of their portfolio GREENWICH, CT 70,375,00070.4m $67.5m $67.5m 1.69% Added +27.4m +27,375,000
3 STEELHEAD PARTNERS LLC 3.78% of their portfolio SEATTLE, WA 60,601,00060.6m $58.1m $58.1m 3.78% Added +3.1m +3,101,000
4 TENOR CAPITAL MANAGEMENT Co., L.P. 0.88% of their portfolio NEW YORK, NY 46,562,00046.6m $44.5m $44.5m 0.88% Unchanged
5 MANUFACTURERS LIFE INSURANCE COMPANY, THE 1.87% of their portfolio Toronto, A6 34,460,00034.5m $3.3bn $3.3bn 1.87% New
6 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 30,698,00030.7m $29.4m $29.4m 0.03% New
7 Linden Advisors LP 0.30% of their portfolio New York, NY 30,075,00030.1m $28.8m $28.8m 0.30% Added +15.8m +15,805,000
8 AVIVA PLC 0.10% of their portfolio LONDON, X0 22,000,00022.0m $21.0m $21.0m 0.10% Unchanged
9 DeepCurrents Investment Group LLC 0.88% of their portfolio NEW YORK, NY 21,387,00021.4m $20.4m $20.4m 0.88% Unchanged
10 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 20,250,00020.2m $19.4m $19.4m 0.03% New
11 PIER 88 INVESTMENT PARTNERS LLC 3.83% of their portfolio SAN FRANCISCO, CA 16,610,00016.6m $15.8m $15.8m 3.83% Added +2.4m +2,410,000
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 16,263,00016.3m $15.5m $15.5m 0.00% Reduced -166.0k -166,000
13 Zuckerman Investment Group, LLC 2.25% of their portfolio CHICAGO, IL 15,546,00015.5m $14.8m $14.8m 2.25% Added +240.0k +240,000
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 15,407,00015.4m $14.7m $14.7m 0.00% Reduced -1.7m -1,700,000
15 OAKTREE CAPITAL MANAGEMENT LP 0.14% of their portfolio LOS ANGELES, CA 13,032,00013.0m $12.5m $12.5m 0.14% Reduced -3.7m -3,669,000
16 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 12,750,00012.8m $12.2m $12.2m 0.02% Added +1.2m +1,250,000
17 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 8,000,0008.0m $7.6m $7.6m 0.00% New
18 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 7,938,0007.9m $7.6m $7.6m 0.00% Added +2.5m +2,520,000
19 SHENKMAN CAPITAL MANAGEMENT INC 0.53% of their portfolio NEW YORK, NY 7,303,0007.3m $7.0m $7.0m 0.53% Reduced -197.0k -197,000
20 ALKEON CAPITAL MANAGEMENT LLC 0.04% of their portfolio New York, NY 6,942,0006.9m $6.6m $6.6m 0.04% Unchanged
21 PALISADE CAPITAL MANAGEMENT, LP 0.16% of their portfolio FORT LEE, NJ 6,132,0006.1m $5.9m $5.9m 0.16% Unchanged
22 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.83% of their portfolio Miamisburg, OH 6,000,0006.0m $5.7m $5.7m 0.83% Unchanged
23 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 5,145,0005.1m $4.9m $4.9m 0.01% New
24 Parallax Volatility Advisers, L.P. 0.17% of their portfolio San Francisco, CA 5,000,0005.0m $4.8m $4.8m 0.17% Unchanged
25 INGALLS & SNYDER LLC 0.22% of their portfolio NEW YORK, NY 4,488,0004.5m $4.3m $4.3m 0.22% Unchanged
26 BlackRock Inc. 0.00% of their portfolio New York, NY 4,260,0004.3m $4.1m $4.1m 0.00% Reduced -32.1m -32,145,000
27 Amundi 0.00% of their portfolio Paris, I0 4,164,0004.2m $4.0m $4.0m 0.00% Reduced -7.5m -7,470,000
28 FMR LLC 0.00% of their portfolio BOSTON, MA 4,000,0004.0m $3.8m $3.8m 0.00% Reduced -10.0m -10,033,000
29 TEALWOOD ASSET MANAGEMENT INC 1.93% of their portfolio Minneapolis, MN 3,977,0004.0m $3.8m $3.8m 1.93% Reduced -85.0k -85,000
30 RATIONAL ADVISORS, INC. 0.26% of their portfolio San Juan, PR 3,350,0003.4m $3.2m $3.2m 0.26% New
31 Monashee Investment Management LLC 0.79% of their portfolio Boston, MA 3,000,0003.0m $2.9m $2.9m 0.79% New
32 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 2,942,0002.9m $2.8m $2.8m 0.01% Added +65.0k +65,000
33 AXA S.A. 0.01% of their portfolio PARIS, I0 1,800,0001.8m $1.7m $1.7m 0.01% Reduced -1.1m -1,100,000
34 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 1,785,0001.8m $1.7m $1.7m 0.00% New
35 Ewing Morris & Co. Investment Partners Ltd. 1.13% of their portfolio TORONTO, Z4 1,500,0001.5m $1.4m $1.4m 1.13% New
36 Kohlberg Kravis Roberts & Co. L.P. 0.04% of their portfolio NEW YORK, NY 1,477,0001.5m $1.4m $1.4m 0.04% Reduced -2.0m -1,971,000
37 ONTARIO TEACHERS PENSION PLAN BOARD 0.01% of their portfolio Toronto, A6 1,000,0001.0m $959.3k $959.3k 0.01% Unchanged
38 Radcliffe Capital Management, L.P. 0.06% of their portfolio BALA CYNWYD, PA 1,000,0001.0m $954.0k $954.0k 0.06% New
39 Lombard Odier Asset Management (Europe) Ltd 0.04% of their portfolio LONDON, X0 705,000705.0k $675.8k $675.8k 0.04% Reduced -1.5m -1,545,000
40 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 410,000410.0k $391.1k $391.1k 0.00% Reduced -105.0k -105,000
41 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 400,000400.0k $382.4k $382.4k 0.00% Unchanged
42 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 300,000300.0k $286.8k $286.8k 0.00% Unchanged
43 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 250,000250.0k $238.5k $238.5k 0.00% Unchanged
44 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 232,000232.0k $221.3k $221.3k 0.00% Reduced -2.5m -2,457,000
45 ZAZOVE ASSOCIATES LLC 0.02% of their portfolio INCLINE VILLAGE, NV 200,000200.0k $192.0k $192.0k 0.02% Unchanged
46 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 113,000113.0k $108.0k $108.0k 0.00% New
47 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio HARRISBURG, PA 50,00050.0k $47.7k $47.7k 0.00% New
48 UBS Group AG 0.00% of their portfolio ZURICH, V8 40,00040.0k $38.2k $38.2k 0.00% New
49 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 30,00030.0k $28.6k $28.6k 0.00% Reduced -59.0k -59,000
50 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 30,00030.0k $28.6k $28.6k 0.00% Added +15.0k +15,000
51 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 25,13025.1k $24.0m $24.0m 0.03% Unchanged
52 WealthPLAN Partners, LLC 0.00% of their portfolio OMAHA, NE 20,00020.0k $19.1k $19.1k 0.00% Unchanged
53 K2 PRINCIPAL FUND, L.P. 2.68% of their portfolio TORONTO, A6 10,23010.2k $9.8m $9.8m 2.68% New
54 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 10,00010.0k $9.6k $9.6k 0.00% Unchanged
55 Verition Fund Management LLC 0.09% of their portfolio GREENWICH, CT 5,9966.0k $5.8m $5.8m 0.09% Reduced -6.0m -5,990,004
56 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged