FIVE9 INC FIVN 0.5 06.01.25
NOTE 0.500% 6/0 · US DOMESTIC · CUSIP 338307AD3
33
institutional holders
+2 vs Q3 2024
11.0m
shares reported held*
$427.6mreported value*
5 new
7 added
8 reduced
3 sold out
net bought ≈ $5.2m (-10.0m 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 ($26.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $38.80.
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 62 |
| Q4 2022 | 56 |
| Q1 2023 | 58 |
| Q2 2023 | 57 |
| Q3 2023 | 54 |
| Q4 2023 | 55 |
| Q1 2024 | 40 |
| Q2 2024 | 40 |
| Q3 2024 | 31 |
| Q4 2024 | 33 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 24 | 26 |
| Q2 2023 | 22 | 27 |
| Q3 2023 | 23 | 30 |
| Q4 2023 | 22 | 28 |
| Q1 2024 | 14 | 37 |
| Q2 2024 | 13 | 20 |
| Q3 2024 | 10 | 20 |
| Q4 2024 | 12 | 11 |
Biggest buyers
| LORD, ABBETT & CO. LLC | New | +21.3m |
| Radcliffe Capital Management, L.P. | New | +19.3m |
| PIPER SANDLER & CO. | Added | +6.6m |
| TRUIST FINANCIAL CORP | Added | +2.3m |
| STATE STREET CORP | Added | +2.0m |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | New | +1.9m |
| LAZARD ASSET MANAGEMENT LLC | Added | +1.5m |
| JPMORGAN CHASE & CO | Added | +1.3m |
| BlackRock, Inc. | Added | +1.0m |
| MORGAN STANLEY | New | +1.0m |
Biggest sellers
| MILLENNIUM MANAGEMENT LLC | Reduced | -22.0m |
| LORD, ABBETT & CO. LLC | Sold out | -14.2m |
| Calamos Advisors LLC | Reduced | -6.6m |
| BANK OF AMERICA CORP /DE/ | Reduced | -3.0m |
| OAKTREE CAPITAL MANAGEMENT LP | Reduced | -2.2m |
| Nicholas Investment Partners, LP | Sold out | -1.8m |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -1.1m |
| Russell Investments Group, Ltd. | Reduced | -1.1m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -800.0k |
| Amundi | Sold out | -307.0k |
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| TENOR CAPITAL MANAGEMENT Co., L.P. 1.51% of their portfolio | 109.8m $107.4m | Unchanged |
| Opti Capital Management, LP 2.72% of their portfolio | 62.1m $60.8m | Unchanged |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 45.5m $44.4m | Unchanged |
| LAZARD ASSET MANAGEMENT LLC 0.05% of their portfolio | 37.2m $36.2m | Added +1.5m |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.31% of their portfolio | 32.4m $31.4m | Unchanged |
| LORD, ABBETT & CO. LLC 0.07% of their portfolio | 21.3m $20.7m | New |
| Radcliffe Capital Management, L.P. 2.14% of their portfolio | 19.3m $18.7m | New |
| Calamos Advisors LLC 0.07% of their portfolio | 15.2m $14.8m | Reduced -6.6m |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 13.8m $13.5m | Reduced -22.0m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 13.2m $12.8m | Reduced -3.0m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 11.3m $11.0m | Added +1.3m |
| STATE STREET CORP 0.00% of their portfolio | 10.2m $10.0m | Added +2.0m |
| PIPER SANDLER & CO. 6.82% of their portfolio | 9.2m $8.9m | Added +6.6m |
| PALISADE CAPITAL MANAGEMENT, LP 0.17% of their portfolio | 6.6m $6.4m | Reduced -7.0k |
| TORONTO DOMINION BANK 0.01% of their portfolio | 4.6m $4.4m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 4.5m $4.4m | Added +1.0m |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 4.3m $4.2m | Added +2.3m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio | 2.0m $2.0m | Reduced -800.0k |
| ADVENT CAPITAL MANAGEMENT /DE/ 0.04% of their portfolio | 2.0m $1.9m | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 1.9m $1.9m | Reduced -1.1m |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 1.9m $1.9m | New |
| MORGAN STANLEY 0.00% of their portfolio | 1.0m $969.4k | New |
| OAKTREE CAPITAL MANAGEMENT LP 0.01% of their portfolio | 724.0k $703.7k | Reduced -2.2m |
| Pinnacle Holdings, LLC 0.18% of their portfolio | 500.0k $484.7k | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 412.0k $400.4k | Added +63.0k |
| ZAZOVE ASSOCIATES LLC 0.04% of their portfolio | 395.0k $386.2k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 276.0k $269.9k | Reduced -1.1m |
| NOMURA HOLDINGS INC 0.03% of their portfolio | 161.9k $6.6m | Unchanged |
| Argent Trust Co 0.00% of their portfolio | 29.0k $28.1k | Unchanged |
| Stonegate Investment Group, LLC 0.00% of their portfolio | 26.0k $25.2k | Unchanged |
| Fox Hill Wealth Management 0.01% of their portfolio | 14.0k $13.6k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 5.0k $4.9k | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |