Vault-13

ETSY INC ETSY 0.125 09.01.27

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

60 institutional holders +3 vs Q1 2024
16,715,05316.7m shares reported held*
$565.4mreported value*
9 new 12 added 14 reduced 6 sold out net bought ≈ $88.4k (+1.7m 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 ≈ $33.82.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 39Q4 22: 44Q1 23: 48Q2 23: 58Q3 23: 52Q4 23: 58Q1 24: 57Q2 24: 6060Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202239
Q4 202244
Q1 202348
Q2 202358
Q3 202352
Q4 202358
Q1 202457
Q2 202460

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 outQ2 23: 23 bought or addedQ2 23: 17 cut or sold outQ2 23Q3 23: 19 bought or addedQ3 23: 28 cut or sold outQ4 23: 19 bought or addedQ4 23: 20 cut or sold outQ4 23Q1 24: 25 bought or addedQ1 24: 19 cut or sold outQ2 24: 21 bought or addedQ2 24: 20 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222114
Q1 20232221
Q2 20232317
Q3 20231928
Q4 20231920
Q1 20242519
Q2 20242120

Biggest buyers

JPMORGAN CHASE & CO Added +26,540,000+26.5m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +16,771,000+16.8m
Linden Advisors LP Added +4,770,000+4.8m
Daiwa Securities Group Inc. New +4,500,000+4.5m
Jump Financial, LLC New +3,415,000+3.4m
ADVENT CAPITAL MANAGEMENT /DE/ Added +2,562,000+2.6m
KIM, LLC Added +2,000,000+2.0m
NEW YORK STATE COMMON RETIREMENT FUND Added +1,680,000+1.7m
LAZARD ASSET MANAGEMENT LLC New +1,053,000+1.1m
TORONTO DOMINION BANK Added +500,000+500.0k

Biggest sellers

Jefferies Financial Group Inc. Sold out -12,165,000-12.2m
FRANKLIN RESOURCES INC Reduced -12,000,000-12.0m
BANK OF MONTREAL /CAN/ Reduced -8,100,000-8.1m
FMR LLC Sold out -7,860,000-7.9m
Sculptor Capital LP Sold out -7,000,000-7.0m
VOYA INVESTMENT MANAGEMENT LLC Reduced -5,725,000-5.7m
Magnetar Financial LLC Reduced -3,485,000-3.5m
Empyrean Capital Partners, LP Sold out -2,500,000-2.5m
STATE STREET CORP Reduced -2,350,000-2.4m
SCHRODER INVESTMENT MANAGEMENT GROUP Sold out -1,355,000-1.4m

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.90% of their portfolio New York, NY 128,770,000128.8m $107.5m $107.5m 0.90% Added +4.8m +4,770,000
2 VOYA INVESTMENT MANAGEMENT LLC 0.09% of their portfolio ATLANTA, GA 112,940,000112.9m $94.6m $94.6m 0.09% Reduced -5.7m -5,725,000
3 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 82,151,00082.2m $68.8m $68.8m 0.02% Reduced -12.0m -12,000,000
4 Calamos Advisors LLC 0.16% of their portfolio NAPERVILLE, IL 40,511,00040.5m $33.8m $33.8m 0.16% Reduced -87.0k -87,000
5 ADVENT CAPITAL MANAGEMENT /DE/ 0.77% of their portfolio NEW YORK, NY 37,854,00037.9m $31.7m $31.7m 0.77% Added +2.6m +2,562,000
6 Verition Fund Management LLC 0.23% of their portfolio GREENWICH, CT 35,000,00035.0m $29.3m $29.3m 0.23% Reduced -500.0k -500,000
7 TENOR CAPITAL MANAGEMENT Co., L.P. 0.45% of their portfolio NEW YORK, NY 34,271,00034.3m $28.6m $28.6m 0.45% Added +16.8m +16,771,000
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 33,910,00033.9m $28.3m $28.3m 0.00% Added +26.5m +26,540,000
9 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 30,776,00030.8m $25.7m $25.7m 0.01% Reduced -8.1m -8,100,000
10 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 14,925,00014.9m $12.5m $12.5m 0.00% Unchanged
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,325,00011.3m $9.4m $9.4m 0.00% Reduced -2.4m -2,350,000
12 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 10,194,00010.2m $8.5m $8.5m 0.01% Added +194.0k +194,000
13 Magnetar Financial LLC 0.14% of their portfolio EVANSTON, IL 8,015,0008.0m $6.7m $6.7m 0.14% Reduced -3.5m -3,485,000
14 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 7,406,0007.4m $6.2m $6.2m 0.01% Added +1.7m +1,680,000
15 Sonora Investment Management Group, LLC 0.37% of their portfolio TUCSON, AZ 5,602,0005.6m $4.7m $4.7m 0.37% Unchanged
16 BlackRock Inc. 0.00% of their portfolio New York, NY 4,948,0004.9m $4.1m $4.1m 0.00% Unchanged
17 Daiwa Securities Group Inc. 0.02% of their portfolio CHIYODA-KU,TOKYO, M0 4,500,0004.5m $3.8m $3.8m 0.02% New
18 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 4,323,0004.3m $3.6m $3.6m 0.00% Added +126.0k +126,000
19 Radcliffe Capital Management, L.P. 0.66% of their portfolio BALA CYNWYD, PA 4,025,0004.0m $3.4m $3.4m 0.66% Unchanged
20 KIM, LLC 0.36% of their portfolio WICHITA, KS 4,000,0004.0m $3.4m $3.4m 0.36% Added +2.0m +2,000,000
21 Man Group plc 0.01% of their portfolio LONDON, X0 3,470,0003.5m $2.9m $2.9m 0.01% Unchanged
22 Jump Financial, LLC 0.06% of their portfolio Chicago, IL 3,415,0003.4m $2.9m $2.9m 0.06% New
23 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.36% of their portfolio Miamisburg, OH 3,000,0003.0m $2.5m $2.5m 0.36% Unchanged
24 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 2,500,0002.5m $2.1m $2.1m 0.00% Added +500.0k +500,000
25 Amundi 0.00% of their portfolio Paris, I0 2,100,0002.1m $1.8m $1.8m 0.00% Unchanged
26 Lombard Odier Asset Management (Europe) Ltd 0.09% of their portfolio LONDON, X0 2,100,0002.1m $1.8m $1.8m 0.09% Unchanged
27 Cutler Capital Management, LLC 0.66% of their portfolio WORCESTER, MA 2,015,0002.0m $1.7m $1.7m 0.66% Unchanged
28 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
29 EDMOND DE ROTHSCHILD HOLDING S.A. 0.02% of their portfolio CHAMBESY, V8 1,203,0001.2m $1.0m $1.0m 0.02% Unchanged
30 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,053,0001.1m $882.0k $882.0k 0.00% New
31 WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio CHICAGO, IL 1,000,0001.0m $833.2k $833.2k 0.02% Unchanged
32 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 800,000800.0k $666.0k $666.0k 0.00% Unchanged
33 SHENKMAN CAPITAL MANAGEMENT INC 0.04% of their portfolio NEW YORK, NY 606,000606.0k $507.9k $507.9k 0.04% Unchanged
34 SSI INVESTMENT MANAGEMENT LLC 0.03% of their portfolio Los Angeles, CA 535,000535.0k $446.8k $446.8k 0.03% Reduced -9.0k -9,000
35 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 500,000500.0k $417.6k $417.6k 0.00% New
36 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 478,000478.0k $399.2k $399.2k 0.00% New
37 AVIVA PLC 0.00% of their portfolio LONDON, X0 460,000460.0k $383.1k $383.1k 0.00% Added +110.0k +110,000
38 ABN AMRO INVESTMENT SOLUTIONS 0.01% of their portfolio PARIS CEDEX 008, I0 400,000400.0k $335.1k $335.1k 0.01% Unchanged
39 INGALLS & SNYDER LLC 0.01% of their portfolio NEW YORK, NY 380,000380.0k $317.0k $317.0k 0.01% Unchanged
40 Calamos Wealth Management LLC 0.02% of their portfolio NAPERVILLE, IL 339,000339.0k $283.2k $283.2k 0.02% Added +9.0k +9,000
41 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 217,000217.0k $181.2k $181.2k 0.00% Reduced -549.0k -549,000
42 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $166.9k $166.9k 0.00% Reduced -450.0k -450,000
43 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 193,000193.0k $160.9k $160.9k 0.00% Reduced -386.0k -386,000
44 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 160,000160.0k $134.0k $134.0k 0.00% Unchanged
45 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 156,522156.5k $9.2m $9.2m 0.01% Reduced -21.7k -21,728
46 Northwest & Ethical Investments L.P. 0.00% of their portfolio TORONTO, A6 120,000120.0k $100.3k $100.3k 0.00% Unchanged
47 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 96,00096.0k $80.1k $80.1k 0.00% Reduced -535.0k -535,000
48 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 60,00060.0k $50.1k $50.1k 0.00% Unchanged
49 Virtus Investment Advisers, LLC 0.04% of their portfolio HARTFORD, CT 52,00052.0k $43.4k $43.4k 0.04% Unchanged
50 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 26,00026.0k $21.7k $21.7k 0.00% New
51 Context Capital Management, LLC 0.51% of their portfolio LAJOLLA, CA 17,00017.0k $14.2m $14.2m 0.51% Added +4.0k +4,000
52 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 13,00013.0k $10.9k $10.9k 0.00% New
53 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 12,53112.5k $739.0k $739.0k 0.00% New
54 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 12,00012.0k $10.0k $10.0k 0.00% Unchanged
55 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 10,00010.0k $8.4k $8.4k 0.00% Unchanged
56 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 10,00010.0k $8.4k $8.4k 0.00% Reduced -2.0k -2,000
57 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 8,0008.0k $6.7k $6.7k 0.00% Unchanged
58 Chicago Capital Management, LLC 1.29% of their portfolio CHICAGO, IL 2,0002.0k $1.7m $1.7m 1.29% New
59 Candriam S.C.A. 0.00% of their portfolio STRASSEN, N4 400400 $333.9k $333.9k 0.00% Unchanged
60 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged