Vault-13

ETSY INC ETSY 0.125 09.01.27

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

57 institutional holders -1 vs Q4 2023
14,968,25015.0m shares reported held*
$565.3mreported value*
6 new 19 added 13 reduced 6 sold out net bought ≈ $19.7m (-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 ≈ $37.76.

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 39Q4 22: 44Q1 23: 48Q2 23: 58Q3 23: 52Q4 23: 58Q1 24: 5757Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202239
Q4 202244
Q1 202348
Q2 202358
Q3 202352
Q4 202358
Q1 202457

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 23Q1 24: 25 bought or addedQ1 24: 19 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222114
Q1 20232221
Q2 20232317
Q3 20231928
Q4 20231920
Q1 20242519

Biggest buyers

Linden Advisors LP Added +36,900,000+36.9m
Verition Fund Management LLC Added +35,469,000+35.5m
BANK OF MONTREAL /CAN/ Added +29,876,000+29.9m
TENOR CAPITAL MANAGEMENT Co., L.P. New +17,500,000+17.5m
WELLINGTON MANAGEMENT GROUP LLP Added +14,500,000+14.5m
MILLENNIUM MANAGEMENT LLC New +10,000,000+10.0m
Empyrean Capital Partners, LP New +2,500,000+2.5m
Jefferies Financial Group Inc. Added +2,053,000+2.1m
Magnetar Financial LLC Added +2,000,000+2.0m
KIM, LLC New +2,000,000+2.0m

Biggest sellers

LAZARD ASSET MANAGEMENT LLC Sold out -77,362,000-77.4m
SHENKMAN CAPITAL MANAGEMENT INC Reduced -9,401,000-9.4m
Context Capital Management, LLC Reduced -5,987,000-6.0m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -3,612,000-3.6m
BNP PARIBAS FINANCIAL MARKETS Reduced -2,940,000-2.9m
Invesco Ltd. Sold out -2,778,000-2.8m
LBP AM SA Sold out -1,450,000-1.4m
EDMOND DE ROTHSCHILD HOLDING S.A. Reduced -1,337,000-1.3m
AQR Arbitrage LLC Sold out -1,000,000-1.0m
CITIGROUP INC Sold out -946,000-946.0k

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.82% of their portfolio New York, NY 124,000,000124.0m $104.0m $104.0m 0.82% Added +36.9m +36,900,000
2 VOYA INVESTMENT MANAGEMENT LLC 0.10% of their portfolio ATLANTA, GA 118,665,000118.7m $99.9m $99.9m 0.10% Unchanged
3 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 94,151,00094.2m $79.3m $79.3m 0.03% Added +1.1m +1,083,000
4 Calamos Advisors LLC 0.17% of their portfolio NAPERVILLE, IL 40,598,00040.6m $34.1m $34.1m 0.17% Reduced -237.0k -237,000
5 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 38,876,00038.9m $32.6m $32.6m 0.01% Added +29.9m +29,876,000
6 Verition Fund Management LLC 0.29% of their portfolio GREENWICH, CT 35,500,00035.5m $29.9m $29.9m 0.29% Added +35.5m +35,469,000
7 ADVENT CAPITAL MANAGEMENT /DE/ 0.76% of their portfolio NEW YORK, NY 35,292,00035.3m $29.8m $29.8m 0.76% Reduced -3.6m -3,612,000
8 TENOR CAPITAL MANAGEMENT Co., L.P. 0.23% of their portfolio NEW YORK, NY 17,500,00017.5m $14.7m $14.7m 0.23% New
9 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 14,925,00014.9m $12.5m $12.5m 0.00% Added +14.5m +14,500,000
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 13,675,00013.7m $11.5m $11.5m 0.00% Added +500.0k +500,000
11 Jefferies Financial Group Inc. 0.21% of their portfolio NEW YORK, NY 12,165,00012.2m $10.2m $10.2m 0.21% Added +2.1m +2,053,000
12 Magnetar Financial LLC 0.22% of their portfolio EVANSTON, IL 11,500,00011.5m $9.6m $9.6m 0.22% Added +2.0m +2,000,000
13 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 10,000,00010.0m $8.4m $8.4m 0.01% New
14 FMR LLC 0.00% of their portfolio BOSTON, MA 7,860,0007.9m $6.6m $6.6m 0.00% Reduced -300.0k -300,000
15 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 7,370,0007.4m $6.2m $6.2m 0.00% Added +126.0k +126,000
16 Sculptor Capital LP 0.13% of their portfolio New York, NY 7,000,0007.0m $5.9m $5.9m 0.13% Unchanged
17 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 5,726,0005.7m $4.8m $4.8m 0.01% Reduced -440.0k -440,000
18 Sonora Investment Management Group, LLC 0.37% of their portfolio TUCSON, AZ 5,602,0005.6m $4.7m $4.7m 0.37% Reduced -145.0k -145,000
19 BlackRock Inc. 0.00% of their portfolio New York, NY 4,948,0004.9m $4.1m $4.1m 0.00% Added +325.0k +325,000
20 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 4,197,0004.2m $3.5m $3.5m 0.00% Added +1.4m +1,351,000
21 Radcliffe Capital Management, L.P. 0.65% of their portfolio BALA CYNWYD, PA 4,025,0004.0m $3.4m $3.4m 0.65% Unchanged
22 Man Group plc 0.01% of their portfolio LONDON, X0 3,470,0003.5m $2.9m $2.9m 0.01% Unchanged
23 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.32% of their portfolio Miamisburg, OH 3,000,0003.0m $2.5m $2.5m 0.32% Unchanged
24 Empyrean Capital Partners, LP 0.12% of their portfolio LOS ANGELES, CA 2,500,0002.5m $2.1m $2.1m 0.12% New
25 Amundi 0.00% of their portfolio Paris, I0 2,100,0002.1m $1.7m $1.7m 0.00% Unchanged
26 Lombard Odier Asset Management (Europe) Ltd 0.11% of their portfolio LONDON, X0 2,100,0002.1m $1.8m $1.8m 0.11% Unchanged
27 Cutler Capital Management, LLC 0.66% of their portfolio WORCESTER, MA 2,015,0002.0m $1.7m $1.7m 0.66% Added +490.0k +490,000
28 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 2,000,0002.0m $1.7m $1.7m 0.00% Unchanged
29 KIM, LLC 0.21% of their portfolio WICHITA, KS 2,000,0002.0m $1.7m $1.7m 0.21% New
30 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
31 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 1,355,0001.4m $1.1m $1.1m 0.00% Added +820.0k +820,000
32 EDMOND DE ROTHSCHILD HOLDING S.A. 0.02% of their portfolio CHAMBESY, V8 1,203,0001.2m $1.0m $1.0m 0.02% Reduced -1.3m -1,337,000
33 WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio CHICAGO, IL 1,000,0001.0m $838.3k $838.3k 0.02% Unchanged
34 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 800,000800.0k $670.0k $670.0k 0.00% Reduced -500.0k -500,000
35 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 766,000766.0k $641.1k $641.1k 0.00% Reduced -2.9m -2,940,000
36 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 650,000650.0k $545.8k $545.8k 0.00% Unchanged
37 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 631,000631.0k $528.6k $528.6k 0.00% Reduced -375.0k -375,000
38 SHENKMAN CAPITAL MANAGEMENT INC 0.04% of their portfolio NEW YORK, NY 606,000606.0k $510.3k $510.3k 0.04% Reduced -9.4m -9,401,000
39 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 579,000579.0k $484.3k $484.3k 0.00% Added +15.0k +15,000
40 SSI INVESTMENT MANAGEMENT LLC 0.03% of their portfolio Los Angeles, CA 544,000544.0k $455.3k $455.3k 0.03% Reduced -57.0k -57,000
41 ABN AMRO INVESTMENT SOLUTIONS 0.01% of their portfolio PARIS CEDEX 008, I0 400,000400.0k $336.8k $336.8k 0.01% Unchanged
42 INGALLS & SNYDER LLC 0.01% of their portfolio NEW YORK, NY 380,000380.0k $319.0k $319.0k 0.01% Added +50.0k +50,000
43 AVIVA PLC 0.00% of their portfolio LONDON, X0 350,000350.0k $293.2k $293.2k 0.00% New
44 Calamos Wealth Management LLC 0.02% of their portfolio NAPERVILLE, IL 330,000330.0k $277.3k $277.3k 0.02% Added +96.0k +96,000
45 LOOMIS SAYLES & CO L P 0.02% of their portfolio BOSTON, MA 178,250178.2k $12.2m $12.2m 0.02% Added +45.8k +45,831
46 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 160,000160.0k $134.0k $134.0k 0.00% Unchanged
47 Northwest & Ethical Investments L.P. 0.00% of their portfolio TORONTO, A6 120,000120.0k $101.0k $101.0k 0.00% Unchanged
48 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 80,00080.0k $67.0k $67.0k 0.00% Added +10.0k +10,000
49 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 60,00060.0k $50.2k $50.2k 0.00% Unchanged
50 Virtus Investment Advisers, LLC 0.03% of their portfolio HARTFORD, CT 52,00052.0k $43.5k $43.5k 0.03% New
51 Context Capital Management, LLC 0.52% of their portfolio LAJOLLA, CA 13,00013.0k $10.9m $10.9m 0.52% Reduced -6.0m -5,987,000
52 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 12,00012.0k $10.0k $10.0k 0.00% Added +1.0k +1,000
53 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 12,00012.0k $10.0k $10.0k 0.00% Unchanged
54 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 10,00010.0k $8.4k $8.4k 0.00% Unchanged
55 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 8,0008.0k $6.7k $6.7k 0.00% Reduced -720.0k -720,000
56 Candriam S.C.A. 0.00% of their portfolio STRASSEN, N4 400400 $335.9k $335.9k 0.00% Unchanged
57 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged