Vault-13

EQUITY COMWLTH EQC

COM SH BEN INT · REIT · CUSIP 294628102

259 institutional holders -1 vs Q2 2024
101,853,075101.9m shares reported held*
$2.0bnreported value*
37 new 84 added 88 reduced 40 sold out net sold ≈ $29.6m (-1.5m 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 ($14.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $19.92. Options: 8 managers hold calls ($4.3m notional), 4 hold puts ($1.5m).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 242Q4 22: 259Q1 23: 253Q2 23: 256Q3 23: 259Q4 23: 270Q1 24: 264Q2 24: 260Q3 24: 259259Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022242
Q4 2022259
Q1 2023253
Q2 2023256
Q3 2023259
Q4 2023270
Q1 2024264
Q2 2024260
Q3 2024259

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 138 bought or addedQ4 22: 102 cut or sold outQ1 23: 146 bought or addedQ1 23: 110 cut or sold outQ1 23Q2 23: 122 bought or addedQ2 23: 118 cut or sold outQ3 23: 135 bought or addedQ3 23: 107 cut or sold outQ3 23Q4 23: 124 bought or addedQ4 23: 128 cut or sold outQ1 24: 130 bought or addedQ1 24: 135 cut or sold outQ1 24Q2 24: 120 bought or addedQ2 24: 136 cut or sold outQ3 24: 121 bought or addedQ3 24: 128 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022138102
Q1 2023146110
Q2 2023122118
Q3 2023135107
Q4 2023124128
Q1 2024130135
Q2 2024120136
Q3 2024121128

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ4 23 calls: $321.8kQ4 23 puts: $577.4kQ4 23P/C 1.79Q1 24 calls: $173.7kQ1 24 puts: $2.8mQ1 24P/C 15.99Q2 24 calls: $810.8kQ2 24 puts: $3.0mQ2 24P/C 3.72Q3 24 calls: $4.3mQ3 24 puts: $1.5mQ3 24P/C 0.36
Numbers
QuarterCallsPutsP/C
Q4 2023$321.8k$577.4k1.79
Q1 2024$173.7k$2.8m15.99
Q2 2024$810.8k$3.0m3.72
Q3 2024$4.3m$1.5m0.36

Biggest buyers

Weiss Asset Management LP New +3,861,770+3.9m
Indaba Capital Management, L.P. Added +2,000,000+2.0m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +852,104+852.1k
Irenic Capital Management LP Added +703,969+704.0k
STONEHILL CAPITAL MANAGEMENT LLC New +655,007+655.0k
Troluce Capital Advisors LLC New +634,960+635.0k
GOLDMAN SACHS GROUP INC Added +425,519+425.5k
BARCLAYS PLC Added +296,742+296.7k
Qube Research & Technologies Ltd Added +272,146+272.1k
PRUDENTIAL FINANCIAL INC Added +240,160+240.2k

Biggest sellers

SEGALL BRYANT & HAMILL, LLC Reduced -1,266,108-1.3m
One Fin Capital Management LP Sold out -1,200,000-1.2m
Land & Buildings Investment Management, LLC Sold out -1,144,989-1.1m
Nuveen Asset Management, LLC Reduced -917,611-917.6k
WHITEBOX ADVISORS LLC Reduced -794,374-794.4k
VICTORY CAPITAL MANAGEMENT INC Reduced -789,686-789.7k
JPMORGAN CHASE & CO Reduced -767,266-767.3k
JUPITER ASSET MANAGEMENT LTD Sold out -502,379-502.4k
ROYCE & ASSOCIATES LP Sold out -493,426-493.4k
TWO SIGMA ADVISERS, LP Sold out -435,800-435.8k

Biggest calls

SIMPLEX TRADING, LLC Added $1.0m51.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $907.4k45.6k shares
JANE STREET GROUP, LLC New $825.9k41.5k shares
CITADEL ADVISORS LLC Added $680.6k34.2k shares
WOLVERINE TRADING, LLC New $301.3k15.2k shares
DRW Securities, LLC New $300.5k15.1k shares
GROUP ONE TRADING LLC Added $207.0k10.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

JANE STREET GROUP, LLC Added $881.6k44.3k shares
CITADEL ADVISORS LLC Reduced $591.0k29.7k shares
SIMPLEX TRADING, LLC Reduced $53.0k2.7k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Weiss Asset Management LP 13G · passive investor filed 2025-01-30 8.8% 9.5m 2025-01-30
Alberta Investment Management Corp 13G · passive investor new · filed 2024-12-23 8.1% new 8.7m 2024-12-23
Indaba Capital Management, L.P. 13G · institution -1.1 pts · filed 2025-05-15 7.8% -1.1 pts 8.4m 2025-05-15
BlackRock, Inc. 13G · institution new · filed 2025-02-06 5.2% new 5.6m 2025-02-06

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 16,142,60016.1m $321.2m $321.2m 0.01% Reduced -1.1k -1,108
2 BlackRock, Inc. 0.00% of their portfolio New York, NY 11,273,21111.3m $224.3m $224.3m 0.00% First filing
3 Indaba Capital Management, L.P. 40.02% of their portfolio SAN FRANCISCO, CA 4,700,0004.7m $93.5m $93.5m 40.02% Added +2.0m +2,000,000
4 Weiss Asset Management LP 1.95% of their portfolio BOSTON, MA 3,861,7703.9m $76.8m $76.8m 1.95% New
5 Burgundy Asset Management Ltd. 0.75% of their portfolio Toronto, A6 3,795,7483.8m $75.5m $75.5m 0.75% Added +86.0k +85,956
6 CHAI TRUST CO LLC 3.30% of their portfolio CHICAGO, IL 3,501,5153.5m $69.7m $69.7m 3.30% Unchanged
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,207,0413.2m $63.8m $63.8m 0.00% Reduced -41.2k -41,241
8 BROWN ADVISORY INC 0.07% of their portfolio BALTIMORE, MD 2,932,8532.9m $58.4m $58.4m 0.07% Added +45.9k +45,941
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,694,2612.7m $53.6m $53.6m 0.00% Added +21.1k +21,146
10 SEGALL BRYANT & HAMILL, LLC 0.69% of their portfolio CHICAGO, IL 2,526,0582.5m $50.3m $50.3m 0.69% Reduced -1.3m -1,266,108
11 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 1.08% of their portfolio CHICAGO, IL 2,183,1232.2m $43.4m $43.4m 1.08% Not comparable
12 JACOBS LEVY EQUITY MANAGEMENT, INC 0.14% of their portfolio FLORHAM PARK, NJ 1,863,1251.9m $37.1m $37.1m 0.14% Reduced -40.8k -40,845
13 Robeco Institutional Asset Management B.V. 0.06% of their portfolio ROTTERDAM, P7 1,622,6551.6m $32.3m $32.3m 0.06% Added +18.4k +18,393
14 Alberta Investment Management Corp 0.26% of their portfolio EDMONTON, A0 1,541,0001.5m $30.7m $30.7m 0.26% Unchanged
15 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,526,7601.5m $30.4m $30.4m 0.00% Reduced -767.3k -767,266
16 THOMPSON SIEGEL & WALMSLEY LLC 0.45% of their portfolio RICHMOND, VA 1,508,7861.5m $30.0m $30.0m 0.45% Reduced -268.5k -268,492
17 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,491,4071.5m $29.7m $29.7m 0.01% Added +64.2k +64,180
18 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,387,6241.4m $27.6m $27.6m 0.00% Added +26.2k +26,210
19 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 1,297,7891.3m $25.8m $25.8m 0.03% Added +136.0k +136,001
20 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 1,201,3681.2m $23.9m $23.9m 0.01% Reduced -257.3k -257,263
21 NUANCE INVESTMENTS, LLC 0.76% of their portfolio Kansas City, MO 1,132,1041.1m $22.5m $22.5m 0.76% Reduced -288.0k -287,951
22 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 1,099,0851.1m $21.9m $21.9m 0.03% Reduced -27.8k -27,800
23 Russell Investments Group, Ltd. 0.03% of their portfolio Seattle, WA 1,082,2521.1m $21.5m $21.5m 0.03% Reduced -368.4k -368,376
24 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,069,6751.1m $21.3m $21.3m 0.00% Reduced -222.3k -222,312
25 Irenic Capital Management LP 3.60% of their portfolio NEW YORK, NY 1,029,6421.0m $20.5m $20.5m 3.60% Added +704.0k +703,969
26 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio BOSTON, MA 1,012,0721.0m $20.1m $20.1m 0.02% Added +852.1k +852,104
27 Boston Partners 0.02% of their portfolio BOSTON, MA 993,805993.8k $19.8m $19.8m 0.02% Reduced -39.3k -39,258
28 St. James Investment Company, LLC 3.29% of their portfolio SOUTHLAKE, TX 979,667979.7k $19.5m $19.5m 3.29% Reduced -50.6k -50,631
29 Qube Research & Technologies Ltd 0.04% of their portfolio LONDON, X0 966,179966.2k $19.2m $19.2m 0.04% Added +272.1k +272,146
30 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 739,140739.1k $14.7m $14.7m 0.00% Added +425.5k +425,519
31 Western Standard LLC 13.25% of their portfolio Los Angeles, CA 709,582709.6k $14.1m $14.1m 13.25% Reduced -28.1k -28,129
32 Man Group plc 0.04% of their portfolio LONDON, X0 708,487708.5k $14.1m $14.1m 0.04% Added +139.9k +139,854
33 STONEHILL CAPITAL MANAGEMENT LLC 7.81% of their portfolio NEW YORK, NY 655,007655.0k $13.0m $13.0m 7.81% New
34 Troluce Capital Advisors LLC 2.26% of their portfolio DORADO, PR 634,960635.0k $12.6m $12.6m 2.26% New
35 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio JUPITER, FL 628,058628.1k $12.5m $12.5m 0.05% Reduced -39.1k -39,119
36 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 610,356610.4k $12.1m $12.1m 0.02% Unchanged
37 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 599,558599.6k $11.9m $11.9m 0.00% Reduced -273.5k -273,488
38 BRANDES INVESTMENT PARTNERS, LP 0.13% of their portfolio LA JOLLA, CA 590,961591.0k $11.8m $11.8m 0.13% Reduced -79.7k -79,731
39 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 529,691529.7k $10.5m $10.5m 0.01% Reduced -21.0k -20,959
40 DigitalBridge Group, Inc. 0.82% of their portfolio Boca Raton, FL 525,312525.3k $10.5m $10.5m 0.82% Added +67.6k +67,567
41 Wallace Capital Management Inc. 1.28% of their portfolio DALLAS, TX 475,818475.8k $9.5m $9.5m 1.28% Reduced -54.4k -54,432
42 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.46% of their portfolio EDINA, MN 419,383419.4k $8.3m $8.3m 0.46% Reduced -150.3k -150,264
43 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 415,187415.2k $8.3m $8.3m 0.00% Added +296.7k +296,742
44 Bragg Financial Advisors, Inc 0.34% of their portfolio CHARLOTTE, NC 409,494409.5k $8.1m $8.1m 0.34% Added +68.3k +68,290
45 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 384,954385.0k $7.7m $7.7m 0.00% Added +208.2k +208,208
46 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 379,979380.0k $7.6m $7.6m 0.00% Reduced -917.6k -917,611
47 KEATING INVESTMENT COUNSELORS INC 2.14% of their portfolio DELRAY BEACH, FL 360,447360.4k $7.2m $7.2m 2.14% Reduced -76.3k -76,265
48 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 333,946333.9k $6.6m $6.6m 0.00% Reduced -31.0k -30,972
49 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 321,043321.0k $6.4m $6.4m 0.00% Added +25.1k +25,139
50 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 316,224316.2k $6.3m $6.3m 0.00% Added +204.1k +204,107
51 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 313,988314.0k $6.2m $6.2m 0.01% Added +240.2k +240,160
52 LEE DANNER & BASS INC 0.43% of their portfolio NASHVILLE, TN 306,500306.5k $6.1m $6.1m 0.43% Reduced -27.0k -27,000
53 Asset Management One Co., Ltd. 0.02% of their portfolio TOKYO, M0 286,368286.4k $5.7m $5.7m 0.02% Reduced -9.2k -9,223
54 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 278,669278.7k $5.5m $5.5m 0.01% Reduced -108.1k -108,141
55 WHITEBOX ADVISORS LLC 0.23% of their portfolio MINNEAPOLIS, MN 264,626264.6k $5.3m $5.3m 0.23% Reduced -794.4k -794,374
56 Cubist Systematic Strategies, LLC 0.08% of their portfolio STAMFORD, CT 263,031263.0k $5.2m $5.2m 0.08% Added +101.2k +101,168
57 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio COLUMBUS, OH 249,768249.8k $5.0m $5.0m 0.02% Added +1.3k +1,263
58 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 242,518242.5k $4.8m $4.8m 0.01% Added +33.2k +33,238
59 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 240,370240.4k $4.8m $4.8m 0.01% Reduced -417.6k -417,598
60 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 239,964240.0k $4.8m $4.8m 0.00% Added +19.8k +19,846
61 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 216,551216.6k $4.3m $4.3m 0.00% Reduced -14.1k -14,148
62 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 215,563215.6k $4.3m $4.3m 0.00% Added +2.6k +2,613
63 Verition Fund Management LLC 0.03% of their portfolio GREENWICH, CT 214,522214.5k $4.3m $4.3m 0.03% Added +197.3k +197,254
64 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 213,966214.0k $4.3m $4.3m 0.00% Reduced -386.1k -386,070
65 GRAHAM CAPITAL WEALTH MANAGEMENT, LLC 4.29% of their portfolio WASHINGTON, DC 210,340210.3k $4.2m $4.2m 4.29% Reduced -1.9k -1,937
66 Swiss National Bank 0.00% of their portfolio ZURICH, V8 209,500209.5k $4.2m $4.2m 0.00% Reduced -1.1k -1,100
67 Anson Funds Management LP 0.57% of their portfolio DALLAS, TX 208,939208.9k $4.2m $4.2m 0.57% Added +158.9k +158,939
68 Legal & General Group Plc 0.00% of their portfolio London, X0 203,935203.9k $4.1m $4.1m 0.00% Added +18.2k +18,227
69 MARTINGALE ASSET MANAGEMENT L P 0.09% of their portfolio BOSTON, MA 191,686191.7k $3.8m $3.8m 0.09% Added +14.2k +14,191
70 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 190,471190.5k $3.8m $3.8m 0.01% Reduced -15.3k -15,308
71 FMR LLC 0.00% of their portfolio BOSTON, MA 187,174187.2k $3.7m $3.7m 0.00% Added +80.5k +80,541
72 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 184,605184.6k $3.7m $3.7m 0.01% Added +28.4k +28,365
73 BOOTHBAY FUND MANAGEMENT, LLC 0.11% of their portfolio NEW YORK, NY 179,094179.1k $3.6m $3.6m 0.11% Reduced -63.7k -63,702
74 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 172,970173.0k $3.4m $3.4m 0.00% Added +101.8k +101,829
75 Schonfeld Strategic Advisors LLC 0.03% of their portfolio NEW YORK, NY 167,722167.7k $3.3m $3.3m 0.03% Added +83.3k +83,279
76 Bulldog Investors, LLP 1.11% of their portfolio SADDLE BROOK, NJ 165,811165.8k $3.3m $3.3m 1.11% Added +15.8k +15,811
77 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.07% of their portfolio HOUSTON, TX 162,600162.6k $3.2m $3.2m 0.07% Unchanged
78 HARBOR CAPITAL ADVISORS, INC. 0.14% of their portfolio CHICAGO, IL 161,729161.7k $3.2m $3.2m 0.14% Added +96.3k +96,312
79 Alpine Global Management, LLC 0.75% of their portfolio NEW YORK, NY 155,000155.0k $3.1m $3.1m 0.75% Added +65.0k +65,000
80 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 148,043148.0k $2.9m $2.9m 0.00% Added +54.5k +54,473
81 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 145,260145.3k $2.9m $2.9m 0.00% Added +70.0k +69,950
82 Empowered Funds, LLC 0.05% of their portfolio NEWTOWN SQUARE, PA 144,726144.7k $2.9m $2.9m 0.05% Added +4.2k +4,185
83 MANNING & NAPIER ADVISORS LLC 0.03% of their portfolio Fairport, NY 141,159141.2k $2.8m $2.8m 0.03% Reduced -37.3k -37,332
84 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 134,550134.6k $2.7m $2.7m 0.00% Reduced -7.9k -7,876
85 NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio TOKYO, M0 133,100133.1k $2.6m $2.6m 0.01% Added +1.0k +1,000
86 Edgestream Partners, L.P. 0.12% of their portfolio Princeton, NJ 132,552132.6k $2.6m $2.6m 0.12% New
87 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 129,593129.6k $2.6m $2.6m 0.00% Reduced -4.4k -4,405
88 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 124,216124.2k $2.5m $2.5m 0.00% Reduced -789.7k -789,686
89 MOODY NATIONAL BANK TRUST DIVISION 0.26% of their portfolio GALVESTON, TX 122,467122.5k $2.4m $2.4m 0.26% Added +4.5k +4,502
90 GSA CAPITAL PARTNERS LLP 0.18% of their portfolio LONDON, X0 121,622121.6k $2.4m $2.4m 0.18% New
91 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 121,436121.4k $2.4m $2.4m 0.00% Reduced -17.1k -17,116
92 NORGES BANK 0.00% of their portfolio OSLO, Q8 120,677120.7k $2.4m $2.4m 0.00% Reduced -24.1k -24,149
93 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 114,998115.0k $2.3m $2.3m 0.00% Reduced -2.0k -2,039
94 TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio AUSTIN, TX 113,513113.5k $2.3m $2.3m 0.01% Reduced -6.8k -6,767
95 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 112,276112.3k $2.2m $2.2m 0.00% Reduced -158 -158
96 Neo Ivy Capital Management 0.68% of their portfolio NEW YORK, NY 106,110106.1k $2.1m $2.1m 0.68% New
97 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 101,428101.4k $2.0m $2.0m 0.00% Reduced -2.9k -2,892
98 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 98,39298.4k $2.0m $2.0m 0.01% Reduced -53.4k -53,425
99 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 96,56996.6k $1.9m $1.9m 0.00% Reduced -15.4k -15,359
100 Mraz, Amerine & Associates, Inc. 0.33% of their portfolio Modesto, CA 90,86090.9k $1.8m $1.8m 0.33% Reduced -5.3k -5,289