Vault-13

ETSY INC ETSY 0.125 09.01.27

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

53 institutional holders +0 vs Q4 2024
8,693,0008.7m shares reported held*
$683.2mreported value*
8 new 11 added 10 reduced 9 sold out net bought ≈ $101.8m (-1.8m 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 ≈ $78.59.

Trends to Q1 2025

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: 53Q4 24: 53Q1 25: 5353Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202239
Q4 202244
Q1 202348
Q2 202358
Q3 202352
Q4 202358
Q1 202457
Q2 202460
Q3 202453
Q4 202453
Q1 202553

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 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 24Q4 24: 15 bought or addedQ4 24: 21 cut or sold outQ1 25: 19 bought or addedQ1 25: 19 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20232317
Q3 20231928
Q4 20231920
Q1 20242519
Q2 20242120
Q3 20241025
Q4 20241521
Q1 20251919

Biggest buyers

VOYA INVESTMENT MANAGEMENT LLC Added +112,360,000+112.4m
Linden Advisors LP Added +10,038,000+10.0m
LAZARD ASSET MANAGEMENT LLC Added +8,129,000+8.1m
MILLENNIUM MANAGEMENT LLC Added +5,684,000+5.7m
BANK OF AMERICA CORP /DE/ Added +4,345,000+4.3m
Universal- Beteiligungs- und Servicegesellschaft mbH New +4,170,000+4.2m
GOLDMAN SACHS GROUP INC Added +4,148,000+4.1m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +3,570,000+3.6m
TORONTO DOMINION BANK New +2,654,000+2.7m
Opti Capital Management, LP New +2,500,000+2.5m

Biggest sellers

Verition Fund Management LLC Reduced -29,865,100-29.9m
Daiwa Securities Group Inc. Sold out -10,000,000-10.0m
Polar Capital Holdings Plc Sold out -10,000,000-10.0m
JPMORGAN CHASE & CO Reduced -4,345,000-4.3m
Magnetar Financial LLC Sold out -4,015,000-4.0m
READYSTATE ASSET MANAGEMENT LP Sold out -3,500,000-3.5m
WOLVERINE ASSET MANAGEMENT LLC Reduced -3,485,000-3.5m
WELLS FARGO & COMPANY/MN Reduced -3,475,000-3.5m
STATE STREET CORP Reduced -2,800,000-2.8m
TORONTO DOMINION BANK Sold out -1,654,000-1.7m

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.11% of their portfolio ATLANTA, GA 225,300,000225.3m $198.5m $198.5m 0.11% Added +112.4m +112,360,000
2 Linden Advisors LP 0.97% of their portfolio New York, NY 162,828,000162.8m $143.7m $143.7m 0.97% Added +10.0m +10,038,000
3 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 59,568,00059.6m $52.5m $52.5m 0.02% Unchanged
4 TENOR CAPITAL MANAGEMENT Co., L.P. 0.74% of their portfolio NEW YORK, NY 58,589,00058.6m $51.8m $51.8m 0.74% Added +3.6m +3,570,000
5 Calamos Advisors LLC 0.16% of their portfolio NAPERVILLE, IL 39,355,00039.4m $34.8m $34.8m 0.16% Reduced -3.0k -3,000
6 ADVENT CAPITAL MANAGEMENT /DE/ 0.64% of their portfolio NEW YORK, NY 31,669,00031.7m $27.9m $27.9m 0.64% Reduced -1.1m -1,052,000
7 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 15,878,00015.9m $14.0m $14.0m 0.01% Added +5.7m +5,684,000
8 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 14,925,00014.9m $13.2m $13.2m 0.00% Unchanged
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 12,850,00012.8m $11.3m $11.3m 0.00% Reduced -2.8m -2,800,000
10 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 11,682,00011.7m $10.3m $10.3m 0.02% Added +8.1m +8,129,000
11 Radcliffe Capital Management, L.P. 1.05% of their portfolio BALA CYNWYD, PA 11,600,00011.6m $10.2m $10.2m 1.05% Added +1.5m +1,500,000
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 8,246,0008.2m $7.3m $7.3m 0.00% Reduced -4.3m -4,345,000
13 CAMDEN ASSET MANAGEMENT L P /CA 0.19% of their portfolio Los Angeles, CA 8,000,0008.0m $7.0m $7.0m 0.19% Unchanged
14 WOLVERINE ASSET MANAGEMENT LLC 0.13% of their portfolio CHICAGO, IL 7,752,0007.8m $6.8m $6.8m 0.13% Reduced -3.5m -3,485,000
15 BlackRock, Inc. 0.00% of their portfolio New York, NY 6,898,0006.9m $6.1m $6.1m 0.00% Added +550.0k +550,000
16 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 6,333,0006.3m $5.6m $5.6m 0.01% Unchanged
17 KIM, LLC 0.84% of their portfolio WICHITA, KS 6,000,0006.0m $5.3m $5.3m 0.84% Unchanged
18 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 5,874,0005.9m $5.2m $5.2m 0.00% First filing
19 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 5,500,0005.5m $4.9m $4.9m 0.00% Unchanged
20 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 5,148,0005.1m $4.5m $4.5m 0.00% Added +4.1m +4,148,000
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 4,459,0004.5m $3.9m $3.9m 0.00% Added +4.3m +4,345,000
22 Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio FRANKFURT AM MAIN, 2M 4,170,0004.2m $3.7m $3.7m 0.01% New
23 Man Group plc 0.01% of their portfolio LONDON, X0 3,470,0003.5m $3.1m $3.1m 0.01% Unchanged
24 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.35% of their portfolio Miamisburg, OH 3,000,0003.0m $2.6m $2.6m 0.35% Unchanged
25 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 2,654,0002.7m $2.3m $2.3m 0.01% New
26 Amundi 0.00% of their portfolio Paris, I0 2,500,0002.5m $2.2m $2.2m 0.00% Added +400.0k +400,000
27 Opti Capital Management, LP 0.14% of their portfolio New York, NY 2,500,0002.5m $2.2m $2.2m 0.14% New
28 FMR LLC 0.00% of their portfolio BOSTON, MA 2,000,0002.0m $1.8m $1.8m 0.00% Unchanged
29 Cutler Capital Management, LLC 0.60% of their portfolio WORCESTER, MA 1,980,0002.0m $1.7m $1.7m 0.60% Unchanged
30 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,800,0001.8m $1.6m $1.6m 0.00% Unchanged
31 Sonora Investment Management Group, LLC 0.11% of their portfolio TUCSON, AZ 1,555,0001.6m $1.4m $1.4m 0.11% Reduced -70.0k -70,000
32 Weiss Asset Management LP 0.04% of their portfolio BOSTON, MA 1,500,0001.5m $1.3m $1.3m 0.04% Not comparable
33 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 800,000800.0k $701.0k $701.0k 0.00% Unchanged
34 AVIVA PLC 0.00% of their portfolio LONDON, X0 460,000460.0k $403.3k $403.3k 0.00% Unchanged
35 SSI INVESTMENT MANAGEMENT LLC 0.03% of their portfolio Los Angeles, CA 380,000380.0k $333.4k $333.4k 0.03% Reduced -85.0k -85,000
36 INGALLS & SNYDER LLC 0.01% of their portfolio NEW YORK, NY 380,000380.0k $336.0k $336.0k 0.01% Unchanged
37 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 326,000326.0k $286.1k $286.1k 0.00% Unchanged
38 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 277,000277.0k $244.8k $244.8k 0.01% Added +32.0k +32,000
39 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 270,000270.0k $238.3k $238.3k 0.00% Reduced -96.0k -96,000
40 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 246,000246.0k $217.2k $217.2k 0.00% Reduced -3.5m -3,475,000
41 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 160,000160.0k $140.0k $140.0k 0.00% Unchanged
42 Northwest & Ethical Investments L.P. 0.00% of their portfolio TORONTO, A6 120,000120.0k $105.2k $105.2k 0.00% Unchanged
43 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 60,00060.0k $52.6k $52.6k 0.00% Unchanged
44 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 51,00051.0k $44.8k $44.8k 0.00% New
45 Verition Fund Management LLC 0.18% of their portfolio GREENWICH, CT 34,90034.9k $30.8m $30.8m 0.18% Reduced -29.9m -29,865,100
46 GRAHAM CAPITAL WEALTH MANAGEMENT, LLC 0.02% of their portfolio WASHINGTON, DC 25,00025.0k $21.9k $21.9k 0.02% New
47 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 13,00013.0k $11.4k $11.4k 0.00% Unchanged
48 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 10,00010.0k $8.8k $8.8k 0.00% Unchanged
49 UBS Group AG 0.00% of their portfolio ZURICH, V8 5,0005.0k $4.4k $4.4k 0.00% New
50 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 5,0005.0k $438.8k $438.8k 0.01% Unchanged
51 Alken Asset Management Ltd 0.43% of their portfolio LONDON, X0 300300 $263.0k $263.0k 0.43% New
52 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged
53 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 00 $0 $0 0.00% New