Vault-13

ETSY INC ETSY 0.125 10.01.26

NOTE 0.125%10/0 · US DOMESTIC · CUSIP 29786AAJ5

52 institutional holders +1 vs Q4 2025
927,000927.0k shares reported held*
$625.2mreported value*
7 new 10 added 15 reduced 6 sold out net sold ≈ $57.4m (-2.5m 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. Holder counts are more reliable. Implied quarter-end price ≈ $674.40.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 61Q4 22: 60Q1 23: 64Q2 23: 67Q3 23: 68Q4 23: 72Q1 24: 71Q2 24: 68Q3 24: 62Q4 24: 59Q1 25: 59Q2 25: 59Q3 25: 51Q4 25: 51Q1 26: 5252Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202261
Q4 202260
Q1 202364
Q2 202367
Q3 202368
Q4 202372
Q1 202471
Q2 202468
Q3 202462
Q4 202459
Q1 202559
Q2 202559
Q3 202551
Q4 202551
Q1 202652

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q2 24: 26 bought or addedQ2 24: 30 cut or sold outQ3 24: 24 bought or addedQ3 24: 41 cut or sold outQ3 24Q4 24: 21 bought or addedQ4 24: 26 cut or sold outQ1 25: 19 bought or addedQ1 25: 19 cut or sold outQ1 25Q2 25: 17 bought or addedQ2 25: 20 cut or sold outQ3 25: 19 bought or addedQ3 25: 32 cut or sold outQ3 25Q4 25: 20 bought or addedQ4 25: 25 cut or sold outQ1 26: 17 bought or addedQ1 26: 21 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20242630
Q3 20242441
Q4 20242126
Q1 20251919
Q2 20251720
Q3 20251932
Q4 20252025
Q1 20261721

Biggest buyers

MOORE CAPITAL MANAGEMENT, LP New +46,900,000+46.9m
Opti Capital Management, LP New +22,251,000+22.3m
TORONTO DOMINION BANK New +6,003,000+6.0m
ROYAL BANK OF CANADA Added +3,623,000+3.6m
CSS LLC/IL New +3,083,000+3.1m
BANK OF AMERICA CORP /DE/ New +2,902,000+2.9m
JANE STREET GROUP, LLC New +1,600,000+1.6m
WELLS FARGO & COMPANY/MN Added +1,500,000+1.5m
BARCLAYS PLC Added +1,192,000+1.2m
BlackRock, Inc. Added +800,000+800.0k

Biggest sellers

SOROS FUND MANAGEMENT LLC Reduced -47,500,000-47.5m
SONA ASSET MANAGEMENT (US) LLC Reduced -32,000,000-32.0m
D. E. Shaw & Co., Inc. Reduced -21,000,000-21.0m
Walleye Capital LLC Sold out -17,471,000-17.5m
JPMORGAN CHASE & CO Reduced -13,812,000-13.8m
TENOR CAPITAL MANAGEMENT Co., L.P. Reduced -5,000,000-5.0m
MacKay Shields LLC Reduced -4,309,000-4.3m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Reduced -2,500,000-2.5m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -1,537,000-1.5m
GOLDMAN SACHS GROUP INC Reduced -1,400,000-1.4m

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SONA ASSET MANAGEMENT (US) LLC 3.28% of their portfolio NEW YORK, NY 87,222,00087.2m $85.4m $85.4m 3.28% Reduced -32.0m -32,000,000
2 D. E. Shaw & Co., Inc. 0.07% of their portfolio New York, NY 86,804,00086.8m $85.1m $85.1m 0.07% Reduced -21.0m -21,000,000
3 Aequim Alternative Investments LP 1.52% of their portfolio MILL VALLEY, CA 80,000,00080.0m $78.2m $78.2m 1.52% Unchanged
4 MOORE CAPITAL MANAGEMENT, LP 1.67% of their portfolio NEW YORK, NY 46,900,00046.9m $45.9m $45.9m 1.67% New
5 DeepCurrents Investment Group LLC 1.65% of their portfolio NEW YORK, NY 40,948,00040.9m $40.2m $40.2m 1.65% Unchanged
6 SOROS FUND MANAGEMENT LLC 0.50% of their portfolio NEW YORK, NY 37,500,00037.5m $36.7m $36.7m 0.50% Reduced -47.5m -47,500,000
7 MacKay Shields LLC 1.17% of their portfolio New York, NY 32,736,00032.7m $32.0m $32.0m 1.17% Reduced -4.3m -4,309,000
8 TENOR CAPITAL MANAGEMENT Co., L.P. 0.43% of their portfolio NEW YORK, NY 28,265,00028.3m $27.7m $27.7m 0.43% Reduced -5.0m -5,000,000
9 Opti Capital Management, LP 1.58% of their portfolio New York, NY 22,251,00022.3m $21.9m $21.9m 1.58% New
10 Calamos Advisors LLC 0.08% of their portfolio NAPERVILLE, IL 20,000,00020.0m $19.6m $19.6m 0.08% Unchanged
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 13,030,00013.0m $12.7m $12.7m 0.00% Reduced -950.0k -950,000
12 BlackRock, Inc. 0.00% of their portfolio New York, NY 9,086,0009.1m $8.9m $8.9m 0.00% Added +800.0k +800,000
13 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 8,647,0008.6m $8.5m $8.5m 0.00% Added +3.6m +3,623,000
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 8,140,0008.1m $8.0m $8.0m 0.00% Reduced -13.8m -13,812,000
15 FMR LLC 0.00% of their portfolio BOSTON, MA 7,502,0007.5m $7.3m $7.3m 0.00% Unchanged
16 ADVENT CAPITAL MANAGEMENT /DE/ 0.20% of their portfolio NEW YORK, NY 7,000,0007.0m $6.8m $6.8m 0.20% Reduced -1.5m -1,537,000
17 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 7,000,0007.0m $6.9m $6.9m 0.01% Unchanged
18 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 6,003,0006.0m $5.9m $5.9m 0.01% New
19 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 5,959,0006.0m $5.8m $5.8m 0.00% Added +1.2m +1,192,000
20 Amundi 0.00% of their portfolio Paris, I0 3,400,0003.4m $3.3k $3.3k 0.00% Unchanged
21 PALISADE CAPITAL MANAGEMENT, LP 0.11% of their portfolio FORT LEE, NJ 3,388,0003.4m $3.3m $3.3m 0.11% Reduced -12.0k -12,000
22 CSS LLC/IL 0.17% of their portfolio CHICAGO, IL 3,083,0003.1m $3.0m $3.0m 0.17% New
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,902,0002.9m $2.8m $2.8m 0.00% New
24 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,387,0002.4m $2.3m $2.3m 0.00% Added +1.5m +1,500,000
25 Ares Systematic Credit Ltd 1.78% of their portfolio LONDON, X0 2,300,0002.3m $2.2m $2.2m 1.78% Added +200.0k +200,000
26 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,805,0001.8m $1.8m $1.8m 0.00% Reduced -1.4m -1,400,000
27 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,600,0001.6m $1.6m $1.6m 0.00% New
28 Lombard Odier Asset Management (Europe) Ltd 0.08% of their portfolio LONDON, X0 1,438,0001.4m $1.4m $1.4m 0.08% Reduced -167.0k -167,000
29 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 1,250,0001.2m $1.2m $1.2m 0.00% Unchanged
30 RWC Asset Management LLP 0.05% of their portfolio LONDON, X0 1,170,0001.2m $1.1m $1.1m 0.05% Reduced -23.0k -23,000
31 Sunstone Asset Management, LP 1.15% of their portfolio New York, NY 1,000,0001.0m $977.8k $977.8k 1.15% Unchanged
32 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 586,000586.0k $571.5k $571.5k 0.00% Added +2.0k +2,000
33 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 500,000500.0k $489.9k $489.9k 0.00% Unchanged
34 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 500,000500.0k $486.4k $486.4k 0.00% Reduced -2.5m -2,500,000
35 INGALLS & SNYDER LLC 0.01% of their portfolio NEW YORK, NY 386,000386.0k $378.0k $378.0k 0.01% Unchanged
36 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 292,000292.0k $284.8k $284.8k 0.00% Unchanged
37 ABN AMRO INVESTMENT SOLUTIONS 0.00% of their portfolio PARIS CEDEX 008, I0 200,000200.0k $195.7k $195.7k 0.00% Added +199.8k +199,800
38 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 187,000187.0k $182.4k $182.4k 0.00% Unchanged
39 Man Group plc 0.00% of their portfolio LONDON, X0 100,000100.0k $97.2k $97.2k 0.00% Reduced -700.0k -700,000
40 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 96,00096.0k $93.6k $93.6k 0.00% Reduced -2.0k -2,000
41 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 60,00060.0k $58.8k $58.8k 0.00% Added +35.0k +35,000
42 Shaolin Capital Management LLC 2.26% of their portfolio Miami, FL 55,00055.0k $54.0m $54.0m 2.26% New
43 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 30,00030.0k $2.9m $2.9m 0.00% Added +9.0k +9,000
44 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 28,00028.0k $27.3k $27.3k 0.00% Unchanged
45 UBS Group AG 0.00% of their portfolio ZURICH, V8 22,67022.7k $22.1k $22.1k 0.00% Added +22.0k +22,000
46 Balboa Wealth Partners 0.00% of their portfolio SCOTTSDALE, AZ 14,00014.0k $13.6k $13.6k 0.00% Unchanged
47 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 10,00010.0k $9.8k $9.8k 0.00% Unchanged
48 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 3,0003.0k $2.9k $2.9k 0.00% Unchanged
49 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,0002.0k $2.0k $2.0k 0.00% Unchanged
50 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 2,0002.0k $2.0k $2.0k 0.00% Unchanged
51 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 1,0001.0k $972 $972 0.00% Unchanged
52 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 00 $0 $0 0.00% Unchanged