Vault-13

FIVE9 INC FIVN 0.5 06.01.25

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

33 institutional holders +0 vs Q4 2024
2,174,9312.2m shares reported held*
$432.6mreported value*
4 new 7 added 5 reduced 4 sold out net bought ≈ $2.4m (-8.8m 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 ($2.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $199.84.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 62Q4 22: 56Q1 23: 58Q2 23: 57Q3 23: 54Q4 23: 55Q1 24: 40Q2 24: 40Q3 24: 31Q4 24: 33Q1 25: 3333Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202262
Q4 202256
Q1 202358
Q2 202357
Q3 202354
Q4 202355
Q1 202440
Q2 202440
Q3 202431
Q4 202433
Q1 202533

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 23: 22 bought or addedQ2 23: 27 cut or sold outQ3 23: 23 bought or addedQ3 23: 30 cut or sold outQ3 23Q4 23: 22 bought or addedQ4 23: 28 cut or sold outQ1 24: 14 bought or addedQ1 24: 37 cut or sold outQ1 24Q2 24: 13 bought or addedQ2 24: 20 cut or sold outQ3 24: 10 bought or addedQ3 24: 20 cut or sold outQ3 24Q4 24: 12 bought or addedQ4 24: 11 cut or sold outQ1 25: 11 bought or addedQ1 25: 9 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20232227
Q3 20232330
Q4 20232228
Q1 20241437
Q2 20241320
Q3 20241020
Q4 20241211
Q1 2025119

Biggest buyers

OAKTREE CAPITAL MANAGEMENT LP Added +5,439,000+5.4m
TORONTO DOMINION BANK New +4,570,000+4.6m
LORD, ABBETT & CO. LLC Added +4,436,000+4.4m
Russell Investments Group, Ltd. Added +4,375,000+4.4m
Radcliffe Capital Management, L.P. Added +3,000,000+3.0m
LAZARD ASSET MANAGEMENT LLC Added +1,000,000+1.0m
Universal- Beteiligungs- und Servicegesellschaft mbH New +500,000+500.0k
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS Added +70,000+70.0k
AQR Arbitrage LLC New +35,000+35.0k
Stonegate Investment Group, LLC New +26,000+26.0k

Biggest sellers

MILLENNIUM MANAGEMENT LLC Reduced -4,750,000-4.8m
TORONTO DOMINION BANK Sold out -4,570,000-4.6m
TRUIST FINANCIAL CORP Sold out -4,320,000-4.3m
PIPER SANDLER & CO. Reduced -3,500,000-3.5m
ADVENT CAPITAL MANAGEMENT /DE/ Sold out -1,963,000-2.0m
STATE STREET CORP Reduced -1,000,000-1.0m
JPMORGAN CHASE & CO Reduced -912,000-912.0k
Stonegate Investment Group, LLC Sold out -26,000-26.0k
AMERICAN CENTURY COMPANIES INC Reduced -10,000-10.0k

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 1.56% of their portfolio NEW YORK, NY 109,805,000109.8m $109.2m $109.2m 1.56% Unchanged
2 Opti Capital Management, LP 3.77% of their portfolio New York, NY 62,115,00062.1m $61.6m $61.6m 3.77% Unchanged
3 D. E. Shaw & Co., Inc. 0.05% of their portfolio New York, NY 45,519,00045.5m $45.2m $45.2m 0.05% Unchanged
4 LAZARD ASSET MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 38,220,00038.2m $37.9m $37.9m 0.06% Added +1.0m +1,000,000
5 CAPSTONE INVESTMENT ADVISORS, LLC 0.30% of their portfolio NEW YORK, NY 32,357,00032.4m $32.1m $32.1m 0.30% Unchanged
6 LORD, ABBETT & CO. LLC 0.09% of their portfolio JERSEY CITY, NJ 25,767,00025.8m $25.5m $25.5m 0.09% Added +4.4m +4,436,000
7 Radcliffe Capital Management, L.P. 2.27% of their portfolio BALA CYNWYD, PA 22,329,00022.3m $22.1m $22.1m 2.27% Added +3.0m +3,000,000
8 Calamos Advisors LLC 0.07% of their portfolio NAPERVILLE, IL 15,167,00015.2m $15.0m $15.0m 0.07% Unchanged
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 13,199,00013.2m $13.1m $13.1m 0.00% Unchanged
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 10,433,00010.4m $10.3m $10.3m 0.00% Reduced -912.0k -912,000
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,233,0009.2m $9.1m $9.1m 0.00% Reduced -1.0m -1,000,000
12 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 9,100,0009.1m $9.0m $9.0m 0.01% Reduced -4.8m -4,750,000
13 PALISADE CAPITAL MANAGEMENT, LP 0.19% of their portfolio FORT LEE, NJ 6,582,0006.6m $6.5m $6.5m 0.19% Added +8.0k +8,000
14 OAKTREE CAPITAL MANAGEMENT LP 0.12% of their portfolio LOS ANGELES, CA 6,163,0006.2m $6.1m $6.1m 0.12% Added +5.4m +5,439,000
15 PIPER SANDLER & CO. 4.22% of their portfolio MINNEAPOLIS, MN 5,712,0005.7m $5.6m $5.6m 4.22% Reduced -3.5m -3,500,000
16 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 4,651,0004.7m $4.6m $4.6m 0.01% Added +4.4m +4,375,000
17 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 4,570,0004.6m $4.5m $4.5m 0.01% New
18 BlackRock, Inc. 0.00% of their portfolio New York, NY 4,490,0004.5m $4.4m $4.4m 0.00% Unchanged
19 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 2,000,0002.0m $2.0m $2.0m 0.00% Unchanged
20 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 1,999,0002.0m $2.0m $2.0m 0.01% Added +70.0k +70,000
21 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,500,0001.5m $1.5m $1.5m 0.00% First filing
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,000,0001.0m $988.9k $988.9k 0.00% Unchanged
23 Pinnacle Holdings, LLC 0.19% of their portfolio TULSA, OK 500,000500.0k $494.4k $494.4k 0.19% Unchanged
24 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 500,000500.0k $496.5k $496.5k 0.00% New
25 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 402,000402.0k $398.5k $398.5k 0.00% Reduced -10.0k -10,000
26 ZAZOVE ASSOCIATES LLC 0.03% of their portfolio INCLINE VILLAGE, NV 395,000395.0k $391.6k $391.6k 0.03% Unchanged
27 NOMURA HOLDINGS INC 0.02% of their portfolio TOKYO, M0 161,931161.9k $4.4m $4.4m 0.02% Unchanged
28 AQR Arbitrage LLC 0.00% of their portfolio Greenwich, CT 35,00035.0k $34.7k $34.7k 0.00% New
29 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 29,00029.0k $28.7k $28.7k 0.00% Unchanged
30 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 26,00026.0k $25.7k $25.7k 0.00% New
31 Fox Hill Wealth Management 0.01% of their portfolio DEDHAM, MA 14,00014.0k $13.8k $13.8k 0.01% Unchanged
32 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 5,0005.0k $5.0k $5.0k 0.00% Unchanged
33 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged