Vault-13

FIVE9 INC FIVN 0.5 06.01.25

NOTE 0.500% 6/0 · US DOMESTIC · CUSIP 338307AD3

57 institutional holders -1 vs Q1 2023
34,424,00034.4m shares reported held*
$682.0mreported value*
7 new 15 added 18 reduced 9 sold out net bought ≈ $11.5m (+7.5m 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 ($803.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $19.84.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 62Q4 22: 56Q1 23: 58Q2 23: 5757Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202262
Q4 202256
Q1 202358
Q2 202357

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 28 bought or addedQ4 22: 27 cut or sold outQ4 22Q1 23: 24 bought or addedQ1 23: 26 cut or sold outQ1 23Q2 23: 22 bought or addedQ2 23: 27 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222827
Q1 20232426
Q2 20232227

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. Added +33,654,000+33.7m
Opti Capital Management, LP Added +29,590,000+29.6m
Linden Advisors LP Added +26,000,000+26.0m
MILLENNIUM MANAGEMENT LLC New +20,325,000+20.3m
CAPSTONE INVESTMENT ADVISORS, LLC New +14,635,000+14.6m
LAZARD ASSET MANAGEMENT LLC Added +9,468,000+9.5m
TORONTO DOMINION BANK Added +7,000,000+7.0m
SOROS FUND MANAGEMENT LLC Added +5,000,000+5.0m
STATE STREET CORP Added +3,000,000+3.0m
WELLS FARGO & COMPANY/MN Added +2,973,000+3.0m

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Reduced -53,225,000-53.2m
FMR LLC Sold out -28,700,000-28.7m
Nuveen Asset Management, LLC Sold out -11,497,000-11.5m
MacKay Shields LLC Sold out -9,978,000-10.0m
SSI INVESTMENT MANAGEMENT LLC Reduced -6,555,000-6.6m
AXA S.A. Sold out -5,550,000-5.5m
CAMDEN ASSET MANAGEMENT L P /CA Reduced -5,500,000-5.5m
DeepCurrents Investment Group LLC Reduced -4,500,000-4.5m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -4,238,000-4.2m
DEUTSCHE BANK AG\ Sold out -3,590,000-3.6m

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LAZARD ASSET MANAGEMENT LLC 0.10% of their portfolio NEW YORK, NY 82,024,00082.0m $79.3m $79.3m 0.10% Added +9.5m +9,468,000
2 VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio ATLANTA, GA 74,095,00074.1m $71.6m $71.6m 0.07% Reduced -53.2m -53,225,000
3 ADVENT CAPITAL MANAGEMENT /DE/ 1.37% of their portfolio NEW YORK, NY 70,687,00070.7m $68.3m $68.3m 1.37% Reduced -4.2m -4,238,000
4 Opti Capital Management, LP 5.00% of their portfolio New York, NY 61,090,00061.1m $59.1m $59.1m 5.00% Added +29.6m +29,590,000
5 TENOR CAPITAL MANAGEMENT Co., L.P. 0.99% of their portfolio NEW YORK, NY 48,654,00048.7m $47.1m $47.1m 0.99% Added +33.7m +33,654,000
6 Linden Advisors LP 0.43% of their portfolio New York, NY 42,000,00042.0m $40.6m $40.6m 0.43% Added +26.0m +26,000,000
7 Calamos Advisors LLC 0.21% of their portfolio NAPERVILLE, IL 41,901,00041.9m $40.5m $40.5m 0.21% Reduced -90.0k -90,000
8 SOROS FUND MANAGEMENT LLC 0.61% of their portfolio NEW YORK, NY 28,980,00029.0m $28.0m $28.0m 0.61% Added +5.0m +5,000,000
9 CAMDEN ASSET MANAGEMENT L P /CA 0.79% of their portfolio Los Angeles, CA 23,770,00023.8m $22.9m $22.9m 0.79% Reduced -5.5m -5,500,000
10 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 20,325,00020.3m $19.7m $19.7m 0.02% New
11 SHENKMAN CAPITAL MANAGEMENT INC 1.48% of their portfolio NEW YORK, NY 19,752,00019.8m $19.1m $19.1m 1.48% Added +363.0k +363,000
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 17,783,00017.8m $17.2m $17.2m 0.00% Added +3.0m +3,000,000
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 15,630,00015.6m $15.2m $15.2m 0.00% Added +333.0k +333,000
14 CAPSTONE INVESTMENT ADVISORS, LLC 0.42% of their portfolio NEW YORK, NY 14,635,00014.6m $14.1m $14.1m 0.42% New
15 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 11,800,00011.8m $11.4m $11.4m 0.02% Unchanged
16 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 11,000,00011.0m $6.7m $6.7m 0.00% Added +7.0m +7,000,000
17 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 8,538,0008.5m $8.2m $8.2m 0.00% Reduced -2.4m -2,437,000
18 ABSOLUTE INVESTMENT ADVISERS, LLC 1.15% of their portfolio ROSEMARY BEACH, FL 8,500,0008.5m $8.2m $8.2m 1.15% Reduced -1.6m -1,575,000
19 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 6,052,0006.1m $5.8m $5.8m 0.01% Added +1.0m +1,036,000
20 Man Group plc 0.02% of their portfolio LONDON, X0 5,800,0005.8m $5.6m $5.6m 0.02% Added +1.6m +1,590,000
21 PALISADE CAPITAL MANAGEMENT, LP 0.14% of their portfolio FORT LEE, NJ 5,568,0005.6m $5.4m $5.4m 0.14% Reduced -1.1m -1,072,000
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,233,0005.2m $5.1m $5.1m 0.00% Reduced -300.0k -300,000
23 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 5,100,0005.1m $4.8m $4.8m 0.00% Unchanged
24 ALKEON CAPITAL MANAGEMENT LLC 0.03% of their portfolio New York, NY 5,000,0005.0m $4.8m $4.8m 0.03% Unchanged
25 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 4,326,0004.3m $4.2m $4.2m 0.00% Added +3.0m +2,973,000
26 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 4,290,0004.3m $4.2m $4.2m 0.00% Reduced -2.4m -2,355,000
27 BlackRock Inc. 0.00% of their portfolio New York, NY 4,210,0004.2m $4.1m $4.1m 0.00% Reduced -250.0k -250,000
28 Nicholas Investment Partners, LP 0.23% of their portfolio RANCHO SANTA FE, CA 3,525,0003.5m $3.4m $3.4m 0.23% Unchanged
29 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 3,365,0003.4m $3.2m $3.2m 0.00% Unchanged
30 Amundi 0.00% of their portfolio Paris, I0 3,007,0003.0m $2.9m $2.9m 0.00% Unchanged
31 DeepCurrents Investment Group LLC 0.11% of their portfolio NEW YORK, NY 2,600,0002.6m $2.5m $2.5m 0.11% Reduced -4.5m -4,500,000
32 RWC Asset Management LLP 0.12% of their portfolio LONDON, X0 2,500,0002.5m $2.4m $2.4m 0.12% Reduced -1.5m -1,500,000
33 Walleye Capital LLC 0.04% of their portfolio NEW YORK, NY 2,500,0002.5m $2.4m $2.4m 0.04% New
34 JUPITER ASSET MANAGEMENT LTD 0.02% of their portfolio London, X0 2,000,0002.0m $1.9m $1.9m 0.02% Unchanged
35 PUTNAM INVESTMENTS LLC 0.00% of their portfolio BOSTON, MA 1,857,0001.9m $1.8m $1.8m 0.00% Unchanged
36 SSI INVESTMENT MANAGEMENT LLC 0.10% of their portfolio Los Angeles, CA 1,543,0001.5m $1.5m $1.5m 0.10% Reduced -6.6m -6,555,000
37 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,176,0001.2m $1.1m $1.1m 0.00% Added +623.0k +623,000
38 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,080,0001.1m $1.0m $1.0m 0.00% New
39 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 817,000817.0k $789.7k $789.7k 0.00% Unchanged
40 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 500,000500.0k $484.9k $484.9k 0.00% Unchanged
41 Pinnacle Holdings, LLC 0.22% of their portfolio TULSA, OK 500,000500.0k $482.0k $482.0k 0.22% Unchanged
42 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 300,000300.0k $288.6k $288.6k 0.00% Unchanged
43 KBC Group NV 0.00% of their portfolio Brussels, C9 300,000300.0k $291.0k $291.0k 0.00% Unchanged
44 COMERICA BANK 0.00% of their portfolio DALLAS, TX 245,000245.0k $0 $0 0.00% First filing
45 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 181,000181.0k $174.9k $174.9k 0.01% Reduced -29.0k -29,000
46 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 150,000150.0k $144.6k $144.6k 0.00% Reduced -65.0k -65,000
47 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 70,00070.0k $67.7k $67.7k 0.00% Unchanged
48 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 61,00061.0k $58.8k $58.8k 0.00% New
49 SG Americas Securities, LLC 0.05% of their portfolio NEW YORK, NY 55,37055.4k $5.5m $5.5m 0.05% Reduced -14.0k -13,970
50 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 40,00040.0k $39.0k $39.0k 0.00% Unchanged
51 Context Capital Management, LLC 2.56% of their portfolio LAJOLLA, CA 29,29729.3k $28.3m $28.3m 2.56% Added +1.7k +1,667
52 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 29,00029.0k $28.0k $28.0k 0.00% New
53 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 14,00014.0k $13.5k $13.5k 0.00% Reduced -1.0k -1,000
54 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 10,00010.0k $10.0k $10.0k 0.00% New
55 UBS Group AG 0.00% of their portfolio ZURICH, V8 10,00010.0k $9.6k $9.6k 0.00% Added +4.0k +4,000
56 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 831831 $803.2k $803.2k 0.01% Reduced -1.4k -1,439
57 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged