Vault-13

EQUITY COMWLTH EQC

COM SH BEN INT · REIT · CUSIP 294628102

168 institutional holders -91 vs Q3 2024
100,487,418100.5m shares reported held*
$177.9mreported value*
30 new 48 added 59 reduced 124 sold out net sold ≈ $4.1m (-2.3m 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 ($13.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $1.77. Options: 6 managers hold calls ($609.4k notional), 3 hold puts ($531).

Trends to Q4 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: 259Q4 24: 168168Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022242
Q4 2022259
Q1 2023253
Q2 2023256
Q3 2023259
Q4 2023270
Q1 2024264
Q2 2024260
Q3 2024259
Q4 2024168

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 23: 146 bought or addedQ1 23: 110 cut or sold outQ2 23: 122 bought or addedQ2 23: 118 cut or sold outQ2 23Q3 23: 135 bought or addedQ3 23: 107 cut or sold outQ4 23: 124 bought or addedQ4 23: 128 cut or sold outQ4 23Q1 24: 130 bought or addedQ1 24: 135 cut or sold outQ2 24: 120 bought or addedQ2 24: 136 cut or sold outQ2 24Q3 24: 121 bought or addedQ3 24: 128 cut or sold outQ4 24: 78 bought or addedQ4 24: 183 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023146110
Q2 2023122118
Q3 2023135107
Q4 2023124128
Q1 2024130135
Q2 2024120136
Q3 2024121128
Q4 202478183

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ1 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 0.36Q4 24 calls: $609.4kQ4 24 puts: $531Q4 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2024$173.7k$2.8m15.99
Q2 2024$810.8k$3.0m3.72
Q3 2024$4.3m$1.5m0.36
Q4 2024$609.4k$5310.00

Biggest buyers

Alberta Investment Management Corp Added +7,124,543+7.1m
Ursa Fund Management, LLC New +6,213,178+6.2m
Weiss Asset Management LP Added +5,618,085+5.6m
Indaba Capital Management, L.P. Added +4,850,000+4.8m
BARCLAYS PLC Added +3,832,214+3.8m
MILLENNIUM MANAGEMENT LLC New +3,492,383+3.5m
STONEHILL CAPITAL MANAGEMENT LLC Added +2,975,968+3.0m
FIRST TRUST ADVISORS LP Added +2,335,409+2.3m
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) Added +1,868,564+1.9m
NOMURA HOLDINGS INC New +1,833,305+1.8m

Biggest sellers

VANGUARD GROUP INC Reduced -9,084,042-9.1m
BlackRock, Inc. Reduced -5,711,294-5.7m
BROWN ADVISORY INC Reduced -2,919,997-2.9m
SEGALL BRYANT & HAMILL, LLC Sold out -2,526,058-2.5m
STATE STREET CORP Reduced -2,192,601-2.2m
JACOBS LEVY EQUITY MANAGEMENT, INC Sold out -1,863,125-1.9m
Robeco Institutional Asset Management B.V. Sold out -1,622,655-1.6m
THOMPSON SIEGEL & WALMSLEY LLC Sold out -1,508,786-1.5m
GEODE CAPITAL MANAGEMENT, LLC Reduced -1,452,493-1.5m
D. E. Shaw & Co., Inc. Sold out -1,297,789-1.3m

Biggest calls

CITADEL ADVISORS LLC Added $230.5k130.2k shares
GROUP ONE TRADING LLC Added $183.0k103.4k shares
SIMPLEX TRADING, LLC Added $149.0k84.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $38.1k21.5k shares
CSS LLC/IL New $8.8k5.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $531300 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC Reduced $0200 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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Indaba Capital Management, L.P. 8.14% of their portfolio SAN FRANCISCO, CA 9,550,0009.6m $16.9m $16.9m 8.14% Added +4.8m +4,850,000
2 Weiss Asset Management LP 0.38% of their portfolio BOSTON, MA 9,479,8559.5m $16.8m $16.8m 0.38% Added +5.6m +5,618,085
3 Alberta Investment Management Corp 0.10% of their portfolio EDMONTON, A0 8,665,5438.7m $15.3m $15.3m 0.10% Added +7.1m +7,124,543
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 7,058,5587.1m $12.5m $12.5m 0.00% Reduced -9.1m -9,084,042
5 Ursa Fund Management, LLC 1.97% of their portfolio Danville, CA 6,213,1786.2m $11.0m $11.0m 1.97% New
6 BlackRock, Inc. 0.00% of their portfolio New York, NY 5,561,9175.6m $9.8m $9.8m 0.00% Reduced -5.7m -5,711,294
7 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 4,247,4014.2m $7.5m $7.5m 0.00% Added +3.8m +3,832,214
8 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.18% of their portfolio CHICAGO, IL 4,051,6874.1m $7.2m $7.2m 0.18% Added +1.9m +1,868,564
9 Burgundy Asset Management Ltd. 0.07% of their portfolio Toronto, A6 3,805,2263.8m $6.7m $6.7m 0.07% Added +9.5k +9,478
10 STONEHILL CAPITAL MANAGEMENT LLC 2.72% of their portfolio NEW YORK, NY 3,630,9753.6m $6.4m $6.4m 2.72% Added +3.0m +2,975,968
11 CHAI TRUST CO LLC 0.32% of their portfolio CHICAGO, IL 3,501,5153.5m $6.2m $6.2m 0.32% Unchanged
12 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 3,492,3833.5m $6.2m $6.2m 0.01% New
13 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 2,469,9592.5m $4.4m $4.4m 0.00% Added +2.3m +2,335,409
14 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 1,970,1982.0m $3.5m $3.5m 0.00% Added +1.6m +1,636,252
15 NOMURA HOLDINGS INC 0.02% of their portfolio TOKYO, M0 1,833,3051.8m $3.2m $3.2m 0.02% New
16 Western Standard LLC 1.95% of their portfolio Los Angeles, CA 1,652,2751.7m $2.9m $2.9m 1.95% Added +942.7k +942,693
17 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 1,640,8001.6m $2.9m $2.9m 0.01% New
18 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 1,400,8711.4m $2.5m $2.5m 0.00% Added +301.8k +301,786
19 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 1,368,2871.4m $2.4m $2.4m 0.01% Added +1.1m +1,125,769
20 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,241,7681.2m $2.2m $2.2m 0.00% Reduced -1.5m -1,452,493
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,127,7571.1m $2.0m $2.0m 0.00% Reduced -363.6k -363,650
22 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 1,097,4351.1m $1.9m $1.9m 0.01% Added +929.7k +929,713
23 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,014,4401.0m $1.8m $1.8m 0.00% Reduced -2.2m -2,192,601
24 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,010,9331.0m $1.8m $1.8m 0.00% Added +271.8k +271,793
25 Yakira Capital Management, Inc. 0.60% of their portfolio Westport, CT 858,859858.9k $1.5m $1.5m 0.60% Added +807.7k +807,659
26 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 833,474833.5k $1.5m $1.5m 0.00% Added +685.4k +685,431
27 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 824,005824.0k $1.5m $1.5m 0.00% Reduced -142.2k -142,174
28 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 793,335793.3k $1.4m $1.4m 0.00% Added +514.7k +514,666
29 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 782,400782.4k $1.4m $1.4m 0.00% Reduced -229.7k -229,672
30 Y-Intercept (Hong Kong) Ltd 0.07% of their portfolio HONG KONG, K3 578,552578.6k $1.0m $1.0m 0.07% Added +560.7k +560,678
31 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 536,286536.3k $949.2k $949.2k 0.00% Reduced -851.3k -851,338
32 BRANDES INVESTMENT PARTNERS, LP 0.01% of their portfolio LA JOLLA, CA 489,072489.1k $865.7k $865.7k 0.01% Reduced -101.9k -101,889
33 Bragg Financial Advisors, Inc 0.03% of their portfolio CHARLOTTE, NC 425,853425.9k $753.8k $753.8k 0.03% Added +16.4k +16,359
34 DLD Asset Management, LP 0.13% of their portfolio NEW YORK, NY 412,779412.8k $730.6k $730.6k 0.13% New
35 UBS Group AG 0.00% of their portfolio ZURICH, V8 375,027375.0k $663.8k $663.8k 0.00% Added +309.3k +309,308
36 IEQ CAPITAL, LLC 0.01% of their portfolio Foster City, CA 347,762347.8k $615.5k $615.5k 0.01% New
37 LEE DANNER & BASS INC 0.04% of their portfolio NASHVILLE, TN 301,500301.5k $533.7k $533.7k 0.04% Reduced -5.0k -5,000
38 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 293,481293.5k $519.5k $519.5k 0.00% Reduced -1.2m -1,233,279
39 Bulldog Investors, LLP 0.13% of their portfolio SADDLE BROOK, NJ 284,481284.5k $503.6k $503.6k 0.13% Added +118.7k +118,670
40 Asset Management One Co., Ltd. 0.00% of their portfolio TOKYO, M0 280,638280.6k $491.1k $491.1k 0.00% Reduced -5.7k -5,730
41 GSA CAPITAL PARTNERS LLP 0.04% of their portfolio LONDON, X0 276,967277.0k $490.0k $490.0k 0.04% Added +155.3k +155,345
42 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 265,279265.3k $469.5k $469.5k 0.00% Reduced -804.4k -804,396
43 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 251,712251.7k $445.5k $445.5k 0.00% Added +130.3k +130,276
44 Jain Global LLC 0.01% of their portfolio NEW YORK, NY 216,373216.4k $383.0k $383.0k 0.01% First filing
45 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 189,504189.5k $335.4k $335.4k 0.00% Reduced -131.5k -131,539
46 CALDWELL SUTTER CAPITAL, INC. 0.15% of their portfolio SAUSALITO, CA 186,380186.4k $329.9k $329.9k 0.15% Added +180.6k +180,594
47 Tiptree Advisors, LLC 0.32% of their portfolio NEW YORK, NY 175,000175.0k $309.8k $309.8k 0.32% First filing
48 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 163,381163.4k $289.2k $289.2k 0.00% Reduced -918.9k -918,871
49 CSS LLC/IL 0.02% of their portfolio CHICAGO, IL 157,800157.8k $279.3k $279.3k 0.02% New
50 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 151,950151.9k $269.0k $269.0k 0.00% Reduced -97.8k -97,818
51 NORGES BANK 0.00% of their portfolio OSLO, Q8 149,180149.2k $264.0k $264.0k 0.00% Added +28.5k +28,503
52 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 136,800136.8k $242.1k $242.1k 0.00% Added +3.7k +3,700
53 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 129,081129.1k $228.5k $228.5k 0.00% Added +32.5k +32,512
54 Aristides Capital LLC 0.07% of their portfolio LOUISVILLE, KY 120,800120.8k $213.8k $213.8k 0.07% New
55 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 119,595119.6k $211.0k $211.0k 0.00% Added +98.7k +98,722
56 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 117,964118.0k $208.8k $208.8k 0.00% Added +3.0k +2,966
57 GABELLI & Co INVESTMENT ADVISERS, INC. 0.03% of their portfolio Rye, NY 113,550113.5k $201.0k $201.0k 0.03% New
58 Mariner, LLC 0.00% of their portfolio Overland Park, KS 111,296111.3k $197.0k $197.0k 0.00% Added +68.0k +68,005
59 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 110,208110.2k $195.1k $195.1k 0.00% Reduced -206.0k -206,016
60 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 100,282100.3k $177.5k $177.5k 0.01% Added +49.1k +49,092
61 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 100,000100.0k $177.0k $177.0k 0.00% New
62 State of New Jersey Common Pension Fund D 0.00% of their portfolio TRENTON, NJ 98,39298.4k $174.2k $174.2k 0.00% Unchanged
63 GABELLI FUNDS LLC 0.00% of their portfolio Rye, NY 94,29594.3k $166.9k $166.9k 0.00% New
64 Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio OAKLAND, CA 80,94780.9k $143.3k $143.3k 0.00% New
65 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 76,26576.3k $136.0k $136.0k 0.00% Reduced -114.2k -114,206
66 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 70,86770.9k $129.7k $129.7k 0.00% Unchanged
67 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 70,11370.1k $125.2k $125.2k 0.00% New
68 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 62,23162.2k $110.1k $110.1k 0.00% Reduced -537.3k -537,327
69 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 59,01659.0k $104.5k $104.5k 0.00% New
70 Vident Advisory, LLC 0.00% of their portfolio Alpharetta, GA 55,70455.7k $98.6k $98.6k 0.00% Reduced -32.7k -32,692
71 THIRD AVENUE MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 55,00055.0k $97.3k $97.3k 0.02% Unchanged
72 NISSAY ASSET MANAGEMENT CORP /JAPAN 0.00% of their portfolio Tokyo, M0 47,09847.1k $82.4k $82.4k 0.00% Added +29.3k +29,344
73 DEERFIELD MANAGEMENT COMPANY, L.P. 0.00% of their portfolio New York, NY 43,25843.3k $76.6k $76.6k 0.00% New
74 Resona Asset Management Co.,Ltd. 0.00% of their portfolio KOTO-KU,TOKYO, M0 42,73542.7k $74.9k $74.9k 0.00% Reduced -18.5k -18,530
75 Handelsbanken Fonder AB 0.00% of their portfolio STOCKHOLM, V7 40,00340.0k $71.0k $71.0k 0.00% Added +2.7k +2,700
76 Ullmann Wealth Partners Group, LLC 0.01% of their portfolio JACKSONVILLE BEACH, FL 38,43638.4k $68.0k $68.0k 0.01% New
77 AXA S.A. 0.00% of their portfolio PARIS, I0 37,87937.9k $67.0k $67.0k 0.00% Reduced -5.2k -5,177
78 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 34,74834.7k $61.5k $61.5k 0.00% Reduced -149.9k -149,857
79 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 34,38434.4k $60.9k $60.9k 0.00% Reduced -1.4k -1,354
80 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 34,23734.2k $61.0k $61.0k 0.00% Reduced -868 -868
81 TWO SIGMA SECURITIES, LLC 0.01% of their portfolio NEW YORK, NY 33,49233.5k $59.3k $59.3k 0.01% New
82 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 32,56432.6k $57.6k $57.6k 0.00% First filing
83 DGS Capital Management, LLC 0.01% of their portfolio JERSEY CITY, NJ 30,11630.1k $53.3k $53.3k 0.01% New
84 Mraz, Amerine & Associates, Inc. 0.01% of their portfolio Modesto, CA 27,47327.5k $48.6k $48.6k 0.01% Reduced -63.4k -63,387
85 First Affirmative Financial Network 0.03% of their portfolio COLORADO SPRINGS, CO 24,83124.8k $44.0k $44.0k 0.03% Added +13.4k +13,389
86 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 23,44023.4k $41.5k $41.5k 0.00% Reduced -363 -363
87 Sumitomo Mitsui DS Asset Management Company, Ltd 0.00% of their portfolio TOKYO, M0 22,87422.9k $40.5k $40.5k 0.00% Unchanged
88 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 22,02722.0k $39.0k $39.0k 0.00% Added +4.2k +4,250
89 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 21,69121.7k $38.4k $38.4k 0.00% Reduced -37.3k -37,331
90 Anson Funds Management LP 0.00% of their portfolio DALLAS, TX 19,29919.3k $34.2k $34.2k 0.00% Reduced -189.6k -189,640
91 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 18,66618.7k $33.0k $33.0k 0.00% Reduced -734 -734
92 FMR LLC 0.00% of their portfolio BOSTON, MA 17,72717.7k $31.4k $31.4k 0.00% Reduced -169.4k -169,447
93 COLDSTREAM CAPITAL MANAGEMENT INC 0.00% of their portfolio BELLEVUE, WA 17,62717.6k $31.2k $31.2k 0.00% New
94 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.00% of their portfolio DENVER, CO 16,47816.5k $29.0k $29.0k 0.00% Unchanged
95 Scientech Research LLC 0.01% of their portfolio JERSEY CITY, NJ 15,82715.8k $28.0k $28.0k 0.01% New
96 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 13,40513.4k $23.7k $23.7k 0.00% Reduced -3.8k -3,792
97 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 12,85612.9k $22.8k $22.8k 0.00% Reduced -2.9m -2,919,997
98 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 12,50512.5k $22.1k $22.1k 0.00% Reduced -111.7k -111,711
99 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 12,40212.4k $22.1k $22.1k 0.00% Reduced -2.7k -2,657
100 Tevis Investment Management 0.02% of their portfolio PLANO, TX 12,35312.4k $21.9k $21.9k 0.02% Reduced -53.8k -53,775