Vault-13

DOCUSIGN INC DOCU 0 01.15.24

NOTE 1/1 · US DOMESTIC · CUSIP 256163AD8

49 institutional holders -10 vs Q3 2023
43,657,80043.7m shares reported held*
$5.1bnreported value*
9 new 8 added 15 reduced 19 sold out net sold ≈ $53.4m (-56.7m 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 ≈ $117.66.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 56Q4 22: 56Q1 23: 56Q2 23: 59Q3 23: 59Q4 23: 4949Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202256
Q4 202256
Q1 202356
Q2 202359
Q3 202359
Q4 202349

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 23Q3 23: 26 bought or addedQ3 23: 28 cut or sold outQ3 23Q4 23: 17 bought or addedQ4 23: 34 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222228
Q1 20232329
Q2 20232629
Q3 20232628
Q4 20231734

Biggest buyers

Cohanzick Management, LLC New +60,979,000+61.0m
GLAZER CAPITAL, LLC New +49,598,000+49.6m
Radcliffe Capital Management, L.P. Added +49,385,000+49.4m
Kohlberg Kravis Roberts & Co. L.P. Added +25,726,000+25.7m
MOORE CAPITAL MANAGEMENT, LP New +23,849,000+23.8m
ARISTEIA CAPITAL, L.L.C. Added +10,368,000+10.4m
Mint Tower Capital Management B.V. Added +8,616,000+8.6m
JPMORGAN CHASE & CO Added +5,703,000+5.7m
D. E. Shaw & Co., Inc. New +5,000,000+5.0m
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS Added +4,420,000+4.4m

Biggest sellers

LORD, ABBETT & CO. LLC Sold out -49,733,000-49.7m
LORD, ABBETT & CO. LLC Sold out -49,733,000-49.7m
Linden Advisors LP Sold out -46,867,000-46.9m
STEELHEAD PARTNERS LLC Sold out -40,665,000-40.7m
AVIVA PLC Sold out -22,000,000-22.0m
STATE STREET CORP Sold out -18,607,000-18.6m
OAKTREE CAPITAL MANAGEMENT LP Reduced -12,692,000-12.7m
LAZARD ASSET MANAGEMENT LLC Reduced -12,368,000-12.4m
BANK OF AMERICA CORP /DE/ Reduced -8,887,000-8.9m
MILLENNIUM MANAGEMENT LLC Reduced -6,926,000-6.9m

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ARISTEIA CAPITAL, L.L.C. 4.17% of their portfolio GREENWICH, CT 101,444,000101.4m $101.4m $101.4m 4.17% Added +10.4m +10,368,000
2 Radcliffe Capital Management, L.P. 8.41% of their portfolio BALA CYNWYD, PA 62,955,00063.0m $62.8m $62.8m 8.41% Added +49.4m +49,385,000
3 Cohanzick Management, LLC 37.42% of their portfolio Pleasantville, NY 60,979,00061.0m $61.0m $61.0m 37.42% New
4 GLAZER CAPITAL, LLC 5.09% of their portfolio New York, NY 49,598,00049.6m $49.4m $49.4m 5.09% New
5 MANUFACTURERS LIFE INSURANCE COMPANY, THE 2.69% of their portfolio Toronto, A6 44,996,00045.0m $4.5bn $4.5bn 2.69% Reduced -287.0k -287,000
6 LAZARD ASSET MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 40,000,00040.0m $40.0m $40.0m 0.05% Reduced -12.4m -12,368,000
7 TENOR CAPITAL MANAGEMENT Co., L.P. 0.71% of their portfolio NEW YORK, NY 40,000,00040.0m $39.9m $39.9m 0.71% Reduced -6.6m -6,562,000
8 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 30,704,00030.7m $30.6m $30.6m 0.03% Reduced -6.9m -6,926,000
9 Kohlberg Kravis Roberts & Co. L.P. 0.77% of their portfolio NEW YORK, NY 25,958,00026.0m $26.0m $26.0m 0.77% Added +25.7m +25,726,000
10 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 24,610,00024.6m $24.5m $24.5m 0.00% Reduced -8.9m -8,887,000
11 MOORE CAPITAL MANAGEMENT, LP 0.57% of their portfolio NEW YORK, NY 23,849,00023.8m $23.8m $23.8m 0.57% New
12 Fort Baker Capital Management LP 2.64% of their portfolio Larkspur, CA 21,147,00021.1m $21.1m $21.1m 2.64% Reduced -2.9m -2,898,000
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 19,018,00019.0m $19.0m $19.0m 0.00% Added +5.7m +5,703,000
14 Mint Tower Capital Management B.V. 4.77% of their portfolio AMSTERDAM, P7 15,496,00015.5m $15.4m $15.4m 4.77% Added +8.6m +8,616,000
15 Zuckerman Investment Group, LLC 1.90% of their portfolio CHICAGO, IL 14,828,00014.8m $14.7m $14.7m 1.90% Reduced -363.0k -363,000
16 PIER 88 INVESTMENT PARTNERS LLC 3.32% of their portfolio SAN FRANCISCO, CA 13,260,00013.3m $13.2m $13.2m 3.32% Unchanged
17 SHENKMAN CAPITAL MANAGEMENT INC 0.78% of their portfolio NEW YORK, NY 10,918,00010.9m $10.9m $10.9m 0.78% Reduced -75.0k -75,000
18 PALISADE CAPITAL MANAGEMENT, LP 0.25% of their portfolio FORT LEE, NJ 9,286,0009.3m $9.3m $9.3m 0.25% Reduced -11.0k -11,000
19 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 9,250,0009.2m $9.2m $9.2m 0.01% Reduced -3.5m -3,500,000
20 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.06% of their portfolio HARRISBURG, PA 7,630,0007.6m $7.6m $7.6m 0.06% Added +4.4m +4,420,000
21 ALKEON CAPITAL MANAGEMENT LLC 0.05% of their portfolio New York, NY 6,942,0006.9m $6.9m $6.9m 0.05% Unchanged
22 NorthCoast Asset Management LLC 0.11% of their portfolio STAMFORD, CT 6,590,0006.6m $6.6m $6.6m 0.11% Unchanged
23 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.79% of their portfolio Miamisburg, OH 6,000,0006.0m $6.0m $6.0m 0.79% Unchanged
24 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 5,125,0005.1m $5.1m $5.1m 0.01% Unchanged
25 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 5,000,0005.0m $5.0m $5.0m 0.01% New
26 Parallax Volatility Advisers, L.P. 0.14% of their portfolio San Francisco, CA 5,000,0005.0m $5.0m $5.0m 0.14% Unchanged
27 INGALLS & SNYDER LLC 0.19% of their portfolio NEW YORK, NY 4,261,5004.3m $4.2m $4.2m 0.19% Reduced -62.5k -62,500
28 TEALWOOD ASSET MANAGEMENT INC 1.78% of their portfolio Minneapolis, MN 3,757,0003.8m $3.7m $3.7m 1.78% Reduced -60.0k -60,000
29 WATER ISLAND CAPITAL LLC 0.20% of their portfolio NEW YORK, NY 2,000,0002.0m $2.0m $2.0m 0.20% New
30 OAKTREE CAPITAL MANAGEMENT LP 0.03% of their portfolio LOS ANGELES, CA 1,900,0001.9m $1.9m $1.9m 0.03% Reduced -12.7m -12,692,000
31 Amundi 0.00% of their portfolio Paris, I0 1,815,0001.8m $1.8m $1.8m 0.00% Reduced -200.0k -200,000
32 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 1,783,0001.8m $1.8m $1.8m 0.00% Unchanged
33 FMR LLC 0.00% of their portfolio BOSTON, MA 1,500,0001.5m $1.5m $1.5m 0.00% New
34 ONTARIO TEACHERS PENSION PLAN BOARD 0.01% of their portfolio Toronto, A6 1,000,0001.0m $997.5k $997.5k 0.01% Unchanged
35 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 900,000900.0k $896.0k $896.0k 0.00% Unchanged
36 Clearstead Advisors, LLC 0.04% of their portfolio CLEVELAND, OH 845,000845.0k $840.8k $840.8k 0.04% Reduced -905.0k -905,000
37 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 403,000403.0k $401.8k $401.8k 0.00% Added +2.0k +2,000
38 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 400,000400.0k $398.8k $398.8k 0.00% Unchanged
39 ZAZOVE ASSOCIATES LLC 0.02% of their portfolio INCLINE VILLAGE, NV 200,000200.0k $199.0k $199.0k 0.02% Unchanged
40 HTLF Bank 0.01% of their portfolio Denver, CO 120,000120.0k $119.4k $119.4k 0.01% First filing
41 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 100,000100.0k $98.9k $98.9k 0.00% New
42 SEVEN MILE ADVISORY 0.06% of their portfolio TALLAHASSEE, FL 75,00075.0k $74.6k $74.6k 0.06% New
43 WealthPLAN Partners, LLC 0.00% of their portfolio OMAHA, NE 20,00020.0k $19.9k $19.9k 0.00% Unchanged
44 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 15,00015.0k $14.9k $14.9k 0.00% Unchanged
45 BRIGHTON JONES LLC 0.00% of their portfolio SEATTLE, WA 12,00012.0k $11.9k $11.9k 0.00% Unchanged
46 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 10,00010.0k $9.9k $9.9k 0.00% New
47 OFI INVEST ASSET MANAGEMENT 0.06% of their portfolio ISSY LES MOULINEAUX, I0 1,8001.8k $1.8m $1.8m 0.06% Unchanged
48 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2525 $24.9k $24.9k 0.00% Added +15 +15
49 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged