Vault-13

EBIX INC EBIX

COM NEW · Common Stock · CUSIP 278715206

145 institutional holders +1 vs Q1 2023
20,355,90220.4m shares reported held*
$512.9mreported value*
24 new 43 added 48 reduced 24 sold out net bought ≈ $22.7m (+790.7k 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 ($5.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.20. Options: 13 managers hold calls ($64.6m notional), 13 hold puts ($29.7m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 159Q4 22: 152Q1 23: 144Q2 23: 145145Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022159
Q4 2022152
Q1 2023144
Q2 2023145

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 70 bought or addedQ4 22: 76 cut or sold outQ4 22Q1 23: 62 bought or addedQ1 23: 84 cut or sold outQ1 23Q2 23: 67 bought or addedQ2 23: 72 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20227076
Q1 20236284
Q2 20236772

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60m$80mQ3 22 calls: $29.1mQ3 22 puts: $18.1mQ3 22P/C 0.62Q4 22 calls: $50.0mQ4 22 puts: $8.8mQ4 22P/C 0.18Q1 23 calls: $9.9mQ1 23 puts: $9.0mQ1 23P/C 0.91Q2 23 calls: $64.6mQ2 23 puts: $29.7mQ2 23P/C 0.46
Numbers
QuarterCallsPutsP/C
Q3 2022$29.1m$18.1m0.62
Q4 2022$50.0m$8.8m0.18
Q1 2023$9.9m$9.0m0.91
Q2 2023$64.6m$29.7m0.46

Biggest buyers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +325,301+325.3k
VANGUARD GROUP INC Added +289,034+289.0k
D. E. Shaw & Co., Inc. Added +195,581+195.6k
TITAN GLOBAL CAPITAL MANAGEMENT USA LLC New +180,066+180.1k
Voss Capital, LP New +172,505+172.5k
DIMENSIONAL FUND ADVISORS LP Added +105,250+105.2k
MORGAN STANLEY Added +105,025+105.0k
Walleye Trading LLC New +101,659+101.7k
Millrace Asset Group, Inc. New +96,637+96.6k
GROUP ONE TRADING LLC Added +95,561+95.6k

Biggest sellers

CITADEL ADVISORS LLC Reduced -425,965-426.0k
MILLENNIUM MANAGEMENT LLC Sold out -349,574-349.6k
Invesco Ltd. Reduced -180,722-180.7k
RENAISSANCE TECHNOLOGIES LLC Sold out -154,489-154.5k
ENVESTNET ASSET MANAGEMENT INC Reduced -111,306-111.3k
STATE STREET CORP Reduced -85,319-85.3k
Dynamic Technology Lab Private Ltd Sold out -57,460-57.5k
Trexquant Investment LP Sold out -54,535-54.5k
Cubist Systematic Strategies, LLC Reduced -41,374-41.4k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -39,755-39.8k

Biggest calls

Caption Management, LLC New $10.9m433.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $10.9m432.0k shares
JANE STREET GROUP, LLC Added $9.8m390.7k shares
GROUP ONE TRADING LLC Added $8.2m326.4k shares
PRELUDE CAPITAL MANAGEMENT, LLC Added $8.0m315.8k shares
SIMPLEX TRADING, LLC Added $6.1m243.7k shares
GOLDMAN SACHS GROUP INC New $4.3m171.5k shares
CITADEL ADVISORS LLC Added $3.5m139.6k shares
Walleye Trading LLC New $1.2m47.4k shares
WOLVERINE TRADING, LLC Added $1.2m43.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $13.0m514.7k shares
GROUP ONE TRADING LLC Reduced $5.3m212.1k shares
JANE STREET GROUP, LLC New $4.3m170.5k shares
CITADEL ADVISORS LLC Added $2.9m116.2k shares
SIMPLEX TRADING, LLC Added $1.6m61.6k shares
PRELUDE CAPITAL MANAGEMENT, LLC New $1.3m52.7k shares
WOLVERINE TRADING, LLC Added $490.3k18.2k shares
D. E. Shaw & Co., Inc. New $302.4k12.0k shares
Caption Management, LLC New $214.2k8.5k shares
Walleye Trading LLC New $211.7k8.4k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.00% of their portfolio New York, NY 3,989,6984.0m $100.5m $100.5m 0.00% Added +79.6k +79,638
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 3,224,3393.2m $81.3m $81.3m 0.00% Added +289.0k +289,034
3 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 1,471,8141.5m $37.1m $37.1m 0.01% Added +105.2k +105,250
4 VILLERE ST DENIS J & CO LLC 2.60% of their portfolio New Orleans, LA 1,421,9491.4m $35.8m $35.8m 2.60% Added +11.6k +11,587
5 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,020,2341.0m $25.7m $25.7m 0.00% Reduced -85.3k -85,319
6 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 709,019709.0k $17.9m $17.9m 0.03% Added +195.6k +195,581
7 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 508,282508.3k $12.8m $12.8m 0.00% Reduced -180.7k -180,722
8 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 506,767506.8k $12.8m $12.8m 0.00% Added +22.1k +22,085
9 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 433,982434.0k $10.9m $10.9m 0.00% Added +28.8k +28,842
10 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 378,414378.4k $9.5m $9.5m 0.00% Reduced -3.8k -3,789
11 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 353,418353.4k $8.9m $8.9m 0.00% Added +15.6k +15,592
12 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 339,668339.7k $8.6m $8.6m 0.01% Added +325.3k +325,301
13 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio Los Angeles, CA 333,760333.8k $8.4m $8.4m 0.03% Reduced -37.8k -37,830
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 328,419328.4k $8.3m $8.3m 0.00% Added +105.0k +105,025
15 GROUP ONE TRADING LLC 0.32% of their portfolio CHICAGO, IL 293,028293.0k $7.4m $7.4m 0.32% Added +95.6k +95,561
16 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 242,803242.8k $6.1m $6.1m 0.00% Added +22.9k +22,942
17 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.14% of their portfolio HOUSTON, TX 239,884239.9k $6.0m $6.0m 0.14% Added +3.2k +3,224
18 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 236,855236.9k $6.0m $6.0m 0.01% Reduced -21.1k -21,101
19 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 211,974212.0k $5.3m $5.3m 0.01% Added +86.1k +86,094
20 TITAN GLOBAL CAPITAL MANAGEMENT USA LLC 0.55% of their portfolio NEW YORK, NY 180,066180.1k $4.5m $4.5m 0.55% New
21 Voss Capital, LP 0.52% of their portfolio HOUSTON, TX 172,505172.5k $4.3m $4.3m 0.52% New
22 Taylor Frigon Capital Management LLC 2.07% of their portfolio SCOTTSDALE, AZ 168,424168.4k $4.2m $4.2m 2.07% Added +472 +472
23 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 146,382146.4k $3.7m $3.7m 0.00% Reduced -1.8k -1,821
24 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 141,642141.6k $3.6m $3.6m 0.00% Reduced -18.6k -18,550
25 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 141,396141.4k $3.6m $3.6m 0.01% Added +8.7k +8,700
26 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 131,373131.4k $3.3m $3.3m 0.01% Reduced -3.8k -3,800
27 Trellus Management Company, LLC 4.27% of their portfolio Delray Beach, FL 110,000110.0k $2.8m $2.8m 4.27% Unchanged
28 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 107,832107.8k $2.7m $2.7m 0.00% Reduced -426.0k -425,965
29 Walleye Trading LLC 0.13% of their portfolio NEW YORK, NY 101,659101.7k $2.6m $2.6m 0.13% New
30 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 101,437101.4k $2.6m $2.6m 0.00% Reduced -4.5k -4,457
31 Millrace Asset Group, Inc. 2.55% of their portfolio BERWYN, PA 96,63796.6k $2.4m $2.4m 2.55% New
32 Empowered Funds, LLC 0.08% of their portfolio NEWTOWN SQUARE, PA 93,28493.3k $2.4m $2.4m 0.08% New
33 EA Series Trust 0.08% of their portfolio HAVERTOWN, PA 93,28493.3k $2.4m $2.4m 0.08% First filing
34 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 90,19890.2k $2.3m $2.3m 0.00% New
35 HUSSMAN STRATEGIC ADVISORS, INC. 0.41% of their portfolio ELLICOTT CITY, MD 88,40088.4k $2.2m $2.2m 0.41% Unchanged
36 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 79,97880.0k $2.0m $2.0m 0.00% Reduced -1.4k -1,393
37 EMERALD MUTUAL FUND ADVISERS TRUST 0.11% of their portfolio LEOLA, PA 78,71578.7k $2.0m $2.0m 0.11% New
38 Cutler Group LLC / CA 0.47% of their portfolio SAN FRANCISCO, CA 78,63878.6k $2.0m $2.0m 0.47% Added +78.4k +78,384
39 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 75,70675.7k $1.9m $1.9m 0.00% Unchanged
40 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 71,87671.9k $1.8m $1.8m 0.01% Reduced -9.4k -9,358
41 Belvedere Trading LLC 0.58% of their portfolio CHICAGO, IL 71,04271.0k $1.8m $1.8m 0.58% New
42 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 66,14166.1k $1.7m $1.7m 0.00% Reduced -3.3k -3,261
43 Legal & General Group Plc 0.00% of their portfolio London, X0 65,77865.8k $1.7m $1.7m 0.00% Added +7.9k +7,930
44 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 65,74065.7k $1.7m $1.7m 0.00% Added +22.9k +22,874
45 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 64,60464.6k $1.6m $1.6m 0.00% Reduced -39.8k -39,755
46 Diametric Capital, LP 0.69% of their portfolio BOSTON, MA 61,32561.3k $1.5m $1.5m 0.69% New
47 Manatuck Hill Partners, LLC 0.66% of their portfolio WESTPORT, CT 55,00055.0k $1.4m $1.4m 0.66% New
48 Swiss National Bank 0.00% of their portfolio ZURICH, V8 53,30053.3k $1.3m $1.3m 0.00% Unchanged
49 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 52,65352.7k $1.3m $1.3m 0.01% Reduced -41.4k -41,374
50 Parallax Volatility Advisers, L.P. 0.04% of their portfolio San Francisco, CA 51,29351.3k $1.3m $1.3m 0.04% New
51 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 48,08848.1k $1.2m $1.2m 0.00% Added +9.3k +9,348
52 AXA S.A. 0.00% of their portfolio PARIS, I0 47,60047.6k $1.2m $1.2m 0.00% New
53 FORMULA GROWTH LTD 0.36% of their portfolio MONTREAL, A8 45,00045.0k $1.1m $1.1m 0.36% New
54 GTS SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 43,89143.9k $1.1m $1.1m 0.03% First filing
55 Public Sector Pension Investment Board 0.01% of their portfolio MONTREAL, A8 41,68641.7k $1.1m $1.1m 0.01% Added +378 +378
56 Venator Capital Management Ltd. 1.22% of their portfolio TORONTO, A6 40,00040.0k $1.0m $1.0m 1.22% New
57 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 37,64337.6k $948.6k $948.6k 0.00% Added +4.8k +4,784
58 EMERALD ADVISERS, LLC 0.04% of their portfolio LEOLA, PA 36,86736.9k $929.0k $929.0k 0.04% Added +10.3k +10,277
59 WOLVERINE TRADING, LLC 0.01% of their portfolio CHICAGO, IL 36,04236.0k $971.0k $971.0k 0.01% New
60 SummerHaven Investment Management, LLC 0.57% of their portfolio STAMFORD, CT 35,86535.9k $903.8k $903.8k 0.57% Reduced -7.4k -7,408
61 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 35,51035.5k $894.9k $894.9k 0.00% Added +3.0k +2,976
62 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 33,27333.3k $838.0k $838.0k 0.00% Unchanged
63 1492 Capital Management LLC 0.49% of their portfolio MILWAUKEE, WI 33,17933.2k $836.1k $836.1k 0.49% Reduced -13 -13
64 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 32,70532.7k $824.0k $824.0k 0.00% Reduced -3.1k -3,150
65 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio ALBANY, NY 31,30131.3k $789.0k $789.0k 0.00% Reduced -1.2k -1,151
66 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 30,54330.5k $769.7k $769.7k 0.00% Reduced -946 -946
67 Factorial Partners, LLC 0.50% of their portfolio MT. KISCO, NY 29,00029.0k $730.8k $730.8k 0.50% Added +7.1k +7,100
68 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 28,26628.3k $712.3k $712.3k 0.00% Reduced -1.6k -1,605
69 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 26,55026.6k $669.1k $669.1k 0.00% Reduced -4.7k -4,650
70 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 26,54626.5k $669.0k $669.0k 0.01% Added +1.7k +1,677
71 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 25,70225.7k $647.7k $647.7k 0.00% Added +5.3k +5,296
72 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 22,46622.5k $566.0k $566.0k 0.00% Reduced -810 -810
73 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 21,48921.5k $541.0k $541.0k 0.00% Reduced -1.4k -1,399
74 TEXAS PERMANENT SCHOOL FUND CORP 0.00% of their portfolio AUSTIN, TX 20,38120.4k $513.6k $513.6k 0.00% Reduced -394 -394
75 Apis Capital Advisors, LLC 0.51% of their portfolio New York, NY 20,00020.0k $504.0k $504.0k 0.51% New
76 UBS Group AG 0.00% of their portfolio ZURICH, V8 19,87119.9k $500.8k $500.8k 0.00% Added +3.1k +3,115
77 PRELUDE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 19,68619.7k $496.1k $496.1k 0.04% Added +2.5k +2,510
78 Unison Advisors LLC 0.05% of their portfolio PROVIDENCE, RI 19,57319.6k $493.2k $493.2k 0.05% Unchanged
79 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 18,58518.6k $468.3k $468.3k 0.00% Added +7.3k +7,265
80 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 17,21317.2k $433.8k $433.8k 0.00% Reduced -7.8k -7,814
81 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 16,79016.8k $423.1k $423.1k 0.00% Reduced -30.8k -30,784
82 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 16,08716.1k $405.4k $405.4k 0.00% Reduced -6.7k -6,746
83 State of Alaska, Department of Revenue 0.00% of their portfolio JUNEAU, AK 15,45315.5k $389.0k $389.0k 0.00% Reduced -630 -630
84 ARDSLEY ADVISORY PARTNERS LP 0.09% of their portfolio Norwalk, CT 15,00015.0k $378.0k $378.0k 0.09% New
85 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 14,47614.5k $364.8k $364.8k 0.00% Added +798 +798
86 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 14,02214.0k $353.4k $353.4k 0.00% Reduced -185 -185
87 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 14,00314.0k $352.9k $352.9k 0.00% New
88 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 13,80013.8k $347.8k $347.8k 0.00% Added +7.8k +7,775
89 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 13,77213.8k $347.1k $347.1k 0.00% Reduced -6.1k -6,112
90 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 13,75813.8k $346.7k $346.7k 0.00% Unchanged
91 Penserra Capital Management LLC 0.01% of their portfolio ORINDA, CA 12,75012.8k $321.0k $321.0k 0.01% Reduced -2.0k -2,028
92 YOUSIF CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BLOOMFIELD HILLS, MI 12,50712.5k $315.2k $315.2k 0.00% Reduced -602 -602
93 Louisiana State Employees Retirement System 0.01% of their portfolio BATON ROUGE, LA 12,30012.3k $310.0k $310.0k 0.01% Added +1.4k +1,400
94 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 12,09512.1k $159.5k $159.5k 0.00% Unchanged
95 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 11,45411.5k $288.6k $288.6k 0.00% Unchanged
96 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 11,32611.3k $285.2k $285.2k 0.00% Reduced -14 -14
97 NJ State Employees Deferred Compensation Plan 0.04% of their portfolio TRENTON, NJ 11,00011.0k $277.2k $277.2k 0.04% Unchanged
98 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 10,92510.9k $275.3k $275.3k 0.00% Reduced -1.4k -1,360
99 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 10,75210.8k $270.9k $270.9k 0.00% Reduced -8.5k -8,486
100 PEAK6 Investments LLC 0.02% of their portfolio CHICAGO, IL 10,60510.6k $267.2k $267.2k 0.02% New