Vault-13

ETSY INC ETSY 0.125 09.01.27

NOTE 0.125% 9/0 · US DOMESTIC · CUSIP 29786AAL0

58 institutional holders +6 vs Q3 2023
18,592,41918.6m shares reported held*
$547.7mreported value*
11 new 8 added 15 reduced 5 sold out net sold ≈ $18.4m (+2.0m 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 ≈ $29.46.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 39Q4 22: 44Q1 23: 48Q2 23: 58Q3 23: 52Q4 23: 5858Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202239
Q4 202244
Q1 202348
Q2 202358
Q3 202352
Q4 202358

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 21 bought or addedQ4 22: 14 cut or sold outQ4 22Q1 23: 22 bought or addedQ1 23: 21 cut or sold outQ1 23Q2 23: 23 bought or addedQ2 23: 17 cut or sold outQ2 23Q3 23: 19 bought or addedQ3 23: 28 cut or sold outQ3 23Q4 23: 19 bought or addedQ4 23: 20 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222114
Q1 20232221
Q2 20232317
Q3 20231928
Q4 20231920

Biggest buyers

Linden Advisors LP Added +28,500,000+28.5m
Jefferies Financial Group Inc. Added +9,869,000+9.9m
Magnetar Financial LLC New +9,500,000+9.5m
BANK OF MONTREAL /CAN/ New +9,000,000+9.0m
Sculptor Capital LP New +7,000,000+7.0m
Context Capital Management, LLC New +6,000,000+6.0m
BNP PARIBAS FINANCIAL MARKETS New +3,706,000+3.7m
WELLS FARGO & COMPANY/MN Added +2,696,000+2.7m
TORONTO DOMINION BANK New +2,000,000+2.0m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. New +1,300,000+1.3m

Biggest sellers

LAZARD ASSET MANAGEMENT LLC Reduced -36,375,000-36.4m
READYSTATE ASSET MANAGEMENT LP Sold out -14,000,000-14.0m
SCHRODER INVESTMENT MANAGEMENT GROUP Reduced -13,500,000-13.5m
SHENKMAN CAPITAL MANAGEMENT INC Reduced -9,206,000-9.2m
JPMORGAN CHASE & CO Reduced -8,001,000-8.0m
STATE STREET CORP Reduced -5,600,000-5.6m
DEUTSCHE BANK AG\ Reduced -5,124,000-5.1m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -4,545,000-4.5m
MACQUARIE GROUP LTD Sold out -2,600,000-2.6m
Man Group plc Reduced -1,400,000-1.4m

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.10% of their portfolio ATLANTA, GA 118,665,000118.7m $101.5m $101.5m 0.10% Unchanged
2 FRANKLIN RESOURCES INC 0.04% of their portfolio San Mateo, CA 93,068,00093.1m $79.6m $79.6m 0.04% Unchanged
3 Linden Advisors LP 0.71% of their portfolio New York, NY 87,100,00087.1m $74.3m $74.3m 0.71% Added +28.5m +28,500,000
4 LAZARD ASSET MANAGEMENT LLC 0.08% of their portfolio NEW YORK, NY 77,362,00077.4m $66.2m $66.2m 0.08% Reduced -36.4m -36,375,000
5 Calamos Advisors LLC 0.18% of their portfolio NAPERVILLE, IL 40,835,00040.8m $34.8m $34.8m 0.18% Reduced -517.0k -517,000
6 ADVENT CAPITAL MANAGEMENT /DE/ 0.77% of their portfolio NEW YORK, NY 38,904,00038.9m $33.3m $33.3m 0.77% Reduced -4.5m -4,545,000
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 13,175,00013.2m $11.2m $11.2m 0.00% Reduced -5.6m -5,600,000
8 Jefferies Financial Group Inc. 0.13% of their portfolio NEW YORK, NY 10,112,00010.1m $8.5m $8.5m 0.13% Added +9.9m +9,869,000
9 SHENKMAN CAPITAL MANAGEMENT INC 0.61% of their portfolio NEW YORK, NY 10,007,00010.0m $8.6m $8.6m 0.61% Reduced -9.2m -9,206,000
10 Magnetar Financial LLC 0.21% of their portfolio EVANSTON, IL 9,500,0009.5m $8.1m $8.1m 0.21% New
11 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 9,000,0009.0m $7.7m $7.7m 0.00% New
12 FMR LLC 0.00% of their portfolio BOSTON, MA 8,160,0008.2m $6.9m $6.9m 0.00% Unchanged
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 7,244,0007.2m $6.2m $6.2m 0.00% Reduced -8.0m -8,001,000
14 Sculptor Capital LP 0.15% of their portfolio New York, NY 7,000,0007.0m $6.0m $6.0m 0.15% New
15 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 6,166,0006.2m $5.2m $5.2m 0.01% Reduced -733.0k -733,000
16 Context Capital Management, LLC 0.34% of their portfolio LAJOLLA, CA 6,000,0006.0m $5.1m $5.1m 0.34% New
17 Sonora Investment Management Group, LLC 0.40% of their portfolio TUCSON, AZ 5,747,0005.7m $4.9m $4.9m 0.40% Reduced -400.0k -400,000
18 BlackRock Inc. 0.00% of their portfolio New York, NY 4,623,0004.6m $3.9m $3.9m 0.00% Added +500.0k +500,000
19 Radcliffe Capital Management, L.P. 0.46% of their portfolio BALA CYNWYD, PA 4,025,0004.0m $3.4m $3.4m 0.46% Unchanged
20 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 3,706,0003.7m $3.2m $3.2m 0.01% New
21 Man Group plc 0.01% of their portfolio LONDON, X0 3,470,0003.5m $3.0m $3.0m 0.01% Reduced -1.4m -1,400,000
22 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.34% of their portfolio Miamisburg, OH 3,000,0003.0m $2.6m $2.6m 0.34% Unchanged
23 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,846,0002.8m $2.4m $2.4m 0.00% Added +2.7m +2,696,000
24 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 2,778,0002.8m $2.4m $2.4m 0.00% Unchanged
25 EDMOND DE ROTHSCHILD HOLDING S.A. 0.04% of their portfolio CHAMBESY, V8 2,540,0002.5m $2.2m $2.2m 0.04% Unchanged
26 Amundi 0.00% of their portfolio Paris, I0 2,100,0002.1m $1.8m $1.8m 0.00% Unchanged
27 Lombard Odier Asset Management (Europe) Ltd 0.12% of their portfolio LONDON, X0 2,100,0002.1m $1.8m $1.8m 0.12% Unchanged
28 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 2,000,0002.0m $1.7m $1.7m 0.00% New
29 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,800,0001.8m $1.5m $1.5m 0.00% Unchanged
30 Cutler Capital Management, LLC 0.54% of their portfolio WORCESTER, MA 1,525,0001.5m $1.3m $1.3m 0.54% Reduced -25.0k -25,000
31 LBP AM SA 0.03% of their portfolio Paris, I0 1,450,0001.4m $1.2m $1.2m 0.03% Unchanged
32 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 1,300,0001.3m $1.1m $1.1m 0.00% New
33 PUTNAM INVESTMENTS LLC 0.00% of their portfolio BOSTON, MA 1,083,0001.1m $921.2k $921.2k 0.00% Reduced -212.0k -212,000
34 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,006,0001.0m $858.6k $858.6k 0.00% Added +870.0k +870,000
35 AQR Arbitrage LLC 0.03% of their portfolio Greenwich, CT 1,000,0001.0m $855.6k $855.6k 0.03% Unchanged
36 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 1,000,0001.0m $852.6k $852.6k 0.01% Unchanged
37 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 946,000946.0k $804.7k $804.7k 0.00% Added +178.0k +178,000
38 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 728,000728.0k $619.2k $619.2k 0.00% New
39 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 650,000650.0k $554.8k $554.8k 0.00% Unchanged
40 SSI INVESTMENT MANAGEMENT LLC 0.04% of their portfolio Los Angeles, CA 601,000601.0k $511.2k $511.2k 0.04% Added +238.0k +238,000
41 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 564,000564.0k $476.9k $476.9k 0.00% New
42 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 535,000535.0k $455.1k $455.1k 0.00% Reduced -13.5m -13,500,000
43 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 425,000425.0k $361.7k $361.7k 0.00% Unchanged
44 ABN AMRO INVESTMENT SOLUTIONS 0.01% of their portfolio PARIS CEDEX 008, I0 400,000400.0k $342.2k $342.2k 0.01% Unchanged
45 INGALLS & SNYDER LLC 0.01% of their portfolio NEW YORK, NY 330,000330.0k $281.0k $281.0k 0.01% Unchanged
46 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 234,000234.0k $199.6k $199.6k 0.01% Reduced -100.0k -100,000
47 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 160,000160.0k $136.0k $136.0k 0.00% Unchanged
48 LOOMIS SAYLES & CO L P 0.02% of their portfolio BOSTON, MA 132,419132.4k $10.7m $10.7m 0.02% Added +94.9k +94,914
49 Northwest & Ethical Investments L.P. 0.00% of their portfolio TORONTO, A6 120,000120.0k $102.4k $102.4k 0.00% Unchanged
50 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 70,00070.0k $59.5k $59.5k 0.00% Reduced -5.1m -5,124,000
51 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 60,00060.0k $51.0k $51.0k 0.00% Unchanged
52 Virtus Investment Advisers, LLC 0.03% of their portfolio HARTFORD, CT 52,00052.0k $44.2k $44.2k 0.03% New
53 Verition Fund Management LLC 0.27% of their portfolio GREENWICH, CT 31,00031.0k $26.5m $26.5m 0.27% New
54 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 12,00012.0k $10.2k $10.2k 0.00% Unchanged
55 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 11,00011.0k $9.4k $9.4k 0.00% Reduced -2.0k -2,000
56 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 10,00010.0k $8.5k $8.5k 0.00% Unchanged
57 Candriam S.C.A. 0.00% of their portfolio STRASSEN, N4 400400 $341.6k $341.6k 0.00% Unchanged
58 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged