Vault-13

DOCUSIGN INC DOCU 0 01.15.24

NOTE 1/1 · US DOMESTIC · CUSIP 256163AD8

59 institutional holders +3 vs Q1 2023
63,547,00063.5m shares reported held*
$4.8bnreported value*
17 new 9 added 15 reduced 14 sold out net bought ≈ $46.5m (+49.5m 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 ($2.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $76.23.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 56Q4 22: 56Q1 23: 56Q2 23: 5959Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202256
Q4 202256
Q1 202356
Q2 202359

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 23Q2 23: 26 bought or addedQ2 23: 29 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222228
Q1 20232329
Q2 20232629

Biggest buyers

MILLENNIUM MANAGEMENT LLC New +44,758,000+44.8m
LAZARD ASSET MANAGEMENT LLC New +37,293,000+37.3m
Linden Advisors LP Added +21,928,000+21.9m
Fort Baker Capital Management LP New +21,045,000+21.0m
Radcliffe Capital Management, L.P. Added +13,000,000+13.0m
Monashee Investment Management LLC New +10,000,000+10.0m
MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +9,215,000+9.2m
LORD, ABBETT & CO. LLC New +8,685,000+8.7m
LORD, ABBETT & CO. LLC New +8,685,000+8.7m
JPMORGAN CHASE & CO Added +8,378,000+8.4m

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Reduced -74,735,000-74.7m
CITADEL ADVISORS LLC Sold out -30,698,000-30.7m
OAKTREE CAPITAL MANAGEMENT LP Sold out -13,032,000-13.0m
DeepCurrents Investment Group LLC Reduced -12,737,000-12.7m
GOLDMAN SACHS GROUP INC Sold out -8,000,000-8.0m
ROYAL BANK OF CANADA Reduced -5,670,000-5.7m
STEELHEAD PARTNERS LLC Reduced -5,000,000-5.0m
FMR LLC Sold out -4,000,000-4.0m
PIER 88 INVESTMENT PARTNERS LLC Reduced -3,350,000-3.4m
RATIONAL ADVISORS, INC. Sold out -3,350,000-3.4m

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ARISTEIA CAPITAL, L.L.C. 2.46% of their portfolio GREENWICH, CT 72,375,00072.4m $70.4m $70.4m 2.46% Added +2.0m +2,000,000
2 STEELHEAD PARTNERS LLC 3.41% of their portfolio SEATTLE, WA 55,601,00055.6m $53.8m $53.8m 3.41% Reduced -5.0m -5,000,000
3 Linden Advisors LP 0.53% of their portfolio New York, NY 52,003,00052.0m $50.4m $50.4m 0.53% Added +21.9m +21,928,000
4 TENOR CAPITAL MANAGEMENT Co., L.P. 0.94% of their portfolio NEW YORK, NY 46,562,00046.6m $45.1m $45.1m 0.94% Unchanged
5 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 44,758,00044.8m $43.3m $43.3m 0.05% New
6 MANUFACTURERS LIFE INSURANCE COMPANY, THE 2.37% of their portfolio Toronto, A6 43,675,00043.7m $4.2bn $4.2bn 2.37% Added +9.2m +9,215,000
7 LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 37,293,00037.3m $36.3m $36.3m 0.04% New
8 D. E. Shaw & Co., Inc. 0.04% of their portfolio New York, NY 27,375,00027.4m $26.5m $26.5m 0.04% Added +7.1m +7,125,000
9 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 24,641,00024.6m $23.8m $23.8m 0.00% Added +8.4m +8,378,000
10 AVIVA PLC 0.09% of their portfolio LONDON, X0 22,000,00022.0m $21.2m $21.2m 0.09% Unchanged
11 Fort Baker Capital Management LP 2.89% of their portfolio Larkspur, CA 21,045,00021.0m $20.4m $20.4m 2.89% New
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 17,307,00017.3m $16.7m $16.7m 0.00% Added +1.9m +1,900,000
13 Zuckerman Investment Group, LLC 2.12% of their portfolio CHICAGO, IL 15,281,00015.3m $14.8m $14.8m 2.12% Reduced -265.0k -265,000
14 Radcliffe Capital Management, L.P. 1.15% of their portfolio BALA CYNWYD, PA 14,000,00014.0m $13.5m $13.5m 1.15% Added +13.0m +13,000,000
15 PIER 88 INVESTMENT PARTNERS LLC 3.18% of their portfolio SAN FRANCISCO, CA 13,260,00013.3m $12.8m $12.8m 3.18% Reduced -3.4m -3,350,000
16 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 12,750,00012.8m $12.3m $12.3m 0.02% Unchanged
17 Monashee Investment Management LLC 2.31% of their portfolio Boston, MA 10,000,00010.0m $9.7m $9.7m 2.31% New
18 PALISADE CAPITAL MANAGEMENT, LP 0.24% of their portfolio FORT LEE, NJ 9,127,0009.1m $8.8m $8.8m 0.24% Added +3.0m +2,995,000
19 LORD, ABBETT & CO. LLC 0.01% of their portfolio JERSEY CITY, NJ 8,685,0008.7m $8.4m $8.4m 0.01% New
20 LORD, ABBETT & CO. LLC 0.01% of their portfolio JERSEY CITY, NJ 8,685,0008.7m $8.4m $8.4m 0.01% New
21 DeepCurrents Investment Group LLC 0.36% of their portfolio NEW YORK, NY 8,650,0008.7m $8.4m $8.4m 0.36% Reduced -12.7m -12,737,000
22 SHENKMAN CAPITAL MANAGEMENT INC 0.54% of their portfolio NEW YORK, NY 7,158,0007.2m $7.0m $7.0m 0.54% Reduced -145.0k -145,000
23 ALKEON CAPITAL MANAGEMENT LLC 0.04% of their portfolio New York, NY 6,942,0006.9m $6.7m $6.7m 0.04% Unchanged
24 NorthCoast Asset Management LLC 0.09% of their portfolio STAMFORD, CT 6,590,0006.6m $6.4m $6.4m 0.09% New
25 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.80% of their portfolio Miamisburg, OH 6,000,0006.0m $5.8m $5.8m 0.80% Unchanged
26 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 5,145,0005.1m $5.0m $5.0m 0.01% Unchanged
27 Parallax Volatility Advisers, L.P. 0.17% of their portfolio San Francisco, CA 5,000,0005.0m $4.8m $4.8m 0.17% Unchanged
28 Opti Capital Management, LP 0.41% of their portfolio New York, NY 5,000,0005.0m $4.8m $4.8m 0.41% New
29 INGALLS & SNYDER LLC 0.20% of their portfolio NEW YORK, NY 4,372,0004.4m $4.2m $4.2m 0.20% Reduced -116.0k -116,000
30 MOORE CAPITAL MANAGEMENT, LP 0.10% of their portfolio NEW YORK, NY 4,250,0004.2m $4.1m $4.1m 0.10% New
31 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 4,000,0004.0m $3.9m $3.9m 0.00% Reduced -74.7m -74,735,000
32 TEALWOOD ASSET MANAGEMENT INC 1.79% of their portfolio Minneapolis, MN 3,817,0003.8m $3.7m $3.7m 1.79% Reduced -160.0k -160,000
33 BlackRock Inc. 0.00% of their portfolio New York, NY 3,810,0003.8m $3.7m $3.7m 0.00% Reduced -450.0k -450,000
34 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 3,210,0003.2m $3.1m $3.1m 0.02% Added +3.2m +3,160,000
35 Amundi 0.00% of their portfolio Paris, I0 3,204,0003.2m $3.1m $3.1m 0.00% Reduced -960.0k -960,000
36 BOOTHBAY FUND MANAGEMENT, LLC 0.08% of their portfolio NEW YORK, NY 2,500,0002.5m $2.4m $2.4m 0.08% New
37 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,268,0002.3m $2.2m $2.2m 0.00% Reduced -5.7m -5,670,000
38 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 1,800,0001.8m $1.8m $1.8m 0.00% New
39 Ewing Morris & Co. Investment Partners Ltd. 1.13% of their portfolio TORONTO, Z4 1,500,0001.5m $1.5m $1.5m 1.13% Unchanged
40 ONTARIO TEACHERS PENSION PLAN BOARD 0.01% of their portfolio Toronto, A6 1,000,0001.0m $969.8k $969.8k 0.01% Unchanged
41 Clearstead Advisors, LLC 0.05% of their portfolio CLEVELAND, OH 875,000875.0k $846.6k $846.6k 0.05% New
42 Kohlberg Kravis Roberts & Co. L.P. 0.03% of their portfolio NEW YORK, NY 852,000852.0k $828.6k $828.6k 0.03% Reduced -625.0k -625,000
43 Lombard Odier Asset Management (Europe) Ltd 0.03% of their portfolio LONDON, X0 705,000705.0k $682.5k $682.5k 0.03% Unchanged
44 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 400,000400.0k $387.0k $387.0k 0.00% Unchanged
45 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 377,000377.0k $364.8k $364.8k 0.00% Reduced -33.0k -33,000
46 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 300,000300.0k $290.2k $290.2k 0.00% Unchanged
47 ZAZOVE ASSOCIATES LLC 0.02% of their portfolio INCLINE VILLAGE, NV 200,000200.0k $194.0k $194.0k 0.02% Unchanged
48 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 170,000170.0k $164.5k $164.5k 0.00% New
49 Dubuque Bank & Trust Co 0.02% of their portfolio Dubuque, IA 130,000130.0k $125.8k $125.8k 0.02% New
50 UBS Group AG 0.00% of their portfolio ZURICH, V8 40,00040.0k $38.7k $38.7k 0.00% Unchanged
51 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 30,00030.0k $29.0k $29.0k 0.00% Unchanged
52 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 20,00020.0k $19.3k $19.3k 0.00% New
53 WealthPLAN Partners, LLC 0.00% of their portfolio OMAHA, NE 20,00020.0k $19.4k $19.4k 0.00% New
54 K2 PRINCIPAL FUND, L.P. 3.15% of their portfolio TORONTO, A6 10,23010.2k $9.9m $9.9m 3.15% Unchanged
55 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 10,00010.0k $9.7k $9.7k 0.00% Unchanged
56 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 4,0004.0k $3.9k $3.9k 0.00% Reduced -228.0k -228,000
57 Verition Fund Management LLC 0.04% of their portfolio GREENWICH, CT 2,4202.4k $2.4m $2.4m 0.04% Reduced -3.6k -3,576
58 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1010 $9.7k $9.7k 0.00% New
59 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged