Vault-13

ETSY INC ETSY 0.125 09.01.27

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

53 institutional holders -7 vs Q2 2024
12,320,53112.3m shares reported held*
$566.4mreported value*
4 new 6 added 14 reduced 11 sold out net bought ≈ $257.8k (-4.4m 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 ≈ $45.97.

Trends to Q3 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: 60Q3 24: 5353Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 202239
Q4 202244
Q1 202348
Q2 202358
Q3 202352
Q4 202358
Q1 202457
Q2 202460
Q3 202453

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 outQ1 23: 22 bought or addedQ1 23: 21 cut or sold outQ1 23Q2 23: 23 bought or addedQ2 23: 17 cut or sold outQ3 23: 19 bought or addedQ3 23: 28 cut or sold outQ3 23Q4 23: 19 bought or addedQ4 23: 20 cut or sold outQ1 24: 25 bought or addedQ1 24: 19 cut or sold outQ1 24Q2 24: 21 bought or addedQ2 24: 20 cut or sold outQ3 24: 10 bought or addedQ3 24: 25 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222114
Q1 20232221
Q2 20232317
Q3 20231928
Q4 20231920
Q1 20242519
Q2 20242120
Q3 20241025

Biggest buyers

Linden Advisors LP Added +25,020,000+25.0m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +20,748,000+20.7m
READYSTATE ASSET MANAGEMENT LP New +9,500,000+9.5m
WOLVERINE ASSET MANAGEMENT LLC Added +6,000,000+6.0m
BARCLAYS PLC Added +3,608,000+3.6m
FMR LLC New +2,000,000+2.0m
STATE STREET CORP Added +1,500,000+1.5m
GOLDMAN SACHS GROUP INC New +1,000,000+1.0m
BANK OF AMERICA CORP /DE/ Added +106,000+106.0k
Jefferies Financial Group Inc. New +82,000+82.0k

Biggest sellers

BANK OF MONTREAL /CAN/ Reduced -25,276,000-25.3m
FRANKLIN RESOURCES INC Reduced -15,000,000-15.0m
JPMORGAN CHASE & CO Reduced -6,432,000-6.4m
Daiwa Securities Group Inc. Sold out -4,500,000-4.5m
Jump Financial, LLC Sold out -3,415,000-3.4m
TORONTO DOMINION BANK Sold out -2,500,000-2.5m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -2,329,000-2.3m
WELLS FARGO & COMPANY/MN Reduced -2,284,000-2.3m
Verition Fund Management LLC Reduced -2,000,000-2.0m
EDMOND DE ROTHSCHILD HOLDING S.A. Sold out -1,203,000-1.2m

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 1.11% of their portfolio New York, NY 153,790,000153.8m $132.2m $132.2m 1.11% Added +25.0m +25,020,000
2 VOYA INVESTMENT MANAGEMENT LLC 0.10% of their portfolio ATLANTA, GA 112,940,000112.9m $97.2m $97.2m 0.10% Unchanged
3 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 67,151,00067.2m $57.2m $57.2m 0.02% Reduced -15.0m -15,000,000
4 TENOR CAPITAL MANAGEMENT Co., L.P. 0.66% of their portfolio NEW YORK, NY 55,019,00055.0m $47.3m $47.3m 0.66% Added +20.7m +20,748,000
5 Calamos Advisors LLC 0.16% of their portfolio NAPERVILLE, IL 39,741,00039.7m $34.2m $34.2m 0.16% Reduced -770.0k -770,000
6 ADVENT CAPITAL MANAGEMENT /DE/ 0.76% of their portfolio NEW YORK, NY 35,525,00035.5m $30.6m $30.6m 0.76% Reduced -2.3m -2,329,000
7 Verition Fund Management LLC 0.19% of their portfolio GREENWICH, CT 33,000,00033.0m $28.4m $28.4m 0.19% Reduced -2.0m -2,000,000
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 27,478,00027.5m $23.6m $23.6m 0.00% Reduced -6.4m -6,432,000
9 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 14,925,00014.9m $12.8m $12.8m 0.00% Unchanged
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 12,825,00012.8m $11.0m $11.0m 0.00% Added +1.5m +1,500,000
11 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 10,194,00010.2m $8.8m $8.8m 0.01% Unchanged
12 READYSTATE ASSET MANAGEMENT LP 0.43% of their portfolio CHICAGO, IL 9,500,0009.5m $8.2m $8.2m 0.43% New
13 Magnetar Financial LLC 0.15% of their portfolio EVANSTON, IL 8,015,0008.0m $6.9m $6.9m 0.15% Unchanged
14 WOLVERINE ASSET MANAGEMENT LLC 0.11% of their portfolio CHICAGO, IL 7,000,0007.0m $6.0m $6.0m 0.11% Added +6.0m +6,000,000
15 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 6,333,0006.3m $5.4m $5.4m 0.01% Reduced -1.1m -1,073,000
16 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 5,500,0005.5m $4.7m $4.7m 0.00% Reduced -25.3m -25,276,000
17 Sonora Investment Management Group, LLC 0.33% of their portfolio TUCSON, AZ 5,137,0005.1m $4.4m $4.4m 0.33% Reduced -465.0k -465,000
18 BlackRock, Inc. 0.00% of their portfolio New York, NY 4,948,0004.9m $4.2m $4.2m 0.00% First filing
19 Radcliffe Capital Management, L.P. 0.59% of their portfolio BALA CYNWYD, PA 4,025,0004.0m $3.5m $3.5m 0.59% Unchanged
20 KIM, LLC 0.42% of their portfolio WICHITA, KS 4,000,0004.0m $3.4m $3.4m 0.42% Unchanged
21 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 3,704,0003.7m $3.2m $3.2m 0.00% Added +3.6m +3,608,000
22 Man Group plc 0.01% of their portfolio LONDON, X0 3,470,0003.5m $3.0m $3.0m 0.01% Unchanged
23 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.34% of their portfolio Miamisburg, OH 3,000,0003.0m $2.6m $2.6m 0.34% Unchanged
24 Amundi 0.00% of their portfolio Paris, I0 2,100,0002.1m $1.8m $1.8m 0.00% Unchanged
25 Lombard Odier Asset Management (Europe) Ltd 0.08% of their portfolio LONDON, X0 2,100,0002.1m $1.8m $1.8m 0.08% Unchanged
26 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,039,0002.0m $1.8m $1.8m 0.00% Reduced -2.3m -2,284,000
27 FMR LLC 0.00% of their portfolio BOSTON, MA 2,000,0002.0m $1.7m $1.7m 0.00% New
28 Cutler Capital Management, LLC 0.61% of their portfolio WORCESTER, MA 1,995,0002.0m $1.7m $1.7m 0.61% Reduced -20.0k -20,000
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 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,053,0001.1m $906.0k $906.0k 0.00% Unchanged
31 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,000,0001.0m $857.9k $857.9k 0.00% New
32 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 800,000800.0k $685.0k $685.0k 0.00% Unchanged
33 SSI INVESTMENT MANAGEMENT LLC 0.03% of their portfolio Los Angeles, CA 535,000535.0k $459.0k $459.0k 0.03% Unchanged
34 AVIVA PLC 0.00% of their portfolio LONDON, X0 460,000460.0k $392.9k $392.9k 0.00% Unchanged
35 ABN AMRO INVESTMENT SOLUTIONS 0.01% of their portfolio PARIS CEDEX 008, I0 400,000400.0k $344.2k $344.2k 0.01% Unchanged
36 INGALLS & SNYDER LLC 0.01% of their portfolio NEW YORK, NY 380,000380.0k $326.0k $326.0k 0.01% Unchanged
37 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 338,000338.0k $290.5k $290.5k 0.01% Reduced -1.0k -1,000
38 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 213,000213.0k $182.7k $182.7k 0.00% Reduced -4.0k -4,000
39 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 200,000200.0k $171.6k $171.6k 0.00% Reduced -300.0k -300,000
40 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 160,000160.0k $137.0k $137.0k 0.00% Unchanged
41 Northwest & Ethical Investments L.P. 0.00% of their portfolio TORONTO, A6 120,000120.0k $102.7k $102.7k 0.00% Unchanged
42 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 114,000114.0k $97.8k $97.8k 0.00% Added +106.0k +106,000
43 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 82,00082.0k $69.8k $69.8k 0.00% New
44 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 60,00060.0k $51.5k $51.5k 0.00% Unchanged
45 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 26,00026.0k $22.2k $22.2k 0.00% Unchanged
46 Context Capital Management, LLC 0.30% of their portfolio LAJOLLA, CA 13,00013.0k $11.2m $11.2m 0.30% Reduced -4.0k -4,000
47 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 13,00013.0k $11.2k $11.2k 0.00% Unchanged
48 NOMURA HOLDINGS INC 0.01% of their portfolio TOKYO, M0 12,53112.5k $695.8k $695.8k 0.01% Unchanged
49 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 12,00012.0k $10.3k $10.3k 0.00% Unchanged
50 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 10,00010.0k $8.6k $8.6k 0.00% Unchanged
51 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 10,00010.0k $8.6k $8.6k 0.00% Unchanged
52 Candriam S.C.A. 0.00% of their portfolio STRASSEN, N4 400400 $343.4k $343.4k 0.00% Unchanged
53 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged