Vault-13

FIVERR INTL LTD FVRR 0 11.01.25

NOTE 11/0 · US DOMESTIC · CUSIP 33835LAA3

29 institutional holders -1 vs Q4 2022
21,629,46021.6m shares reported held*
$426.3mreported value*
5 new 11 added 3 reduced 7 sold out net bought ≈ $28.0m (+1.5m 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. Holder counts are more reliable. Implied quarter-end price ≈ $19.71.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 28Q4 22: 30Q1 23: 2929Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202228
Q4 202230
Q1 202329

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 14 bought or addedQ4 22: 11 cut or sold outQ4 22Q1 23: 16 bought or addedQ1 23: 10 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221411
Q1 20231610

Biggest buyers

BANK OF MONTREAL /CAN/ Added +25,000,000+25.0m
Opti Capital Management, LP Added +14,810,000+14.8m
OAKTREE CAPITAL MANAGEMENT LP New +11,544,000+11.5m
LAZARD ASSET MANAGEMENT LLC Added +4,000,000+4.0m
TORONTO DOMINION BANK New +4,000,000+4.0m
STEELHEAD PARTNERS LLC Added +3,785,000+3.8m
BNP PARIBAS FINANCIAL MARKETS Added +3,311,000+3.3m
FEDERATED HERMES, INC. Added +3,086,000+3.1m
JANE STREET GROUP, LLC New +2,000,000+2.0m
LORD, ABBETT & CO. LLC Added +1,048,000+1.0m

Biggest sellers

AQR Arbitrage LLC Sold out -10,841,000-10.8m
SILVERBACK ASSET MANAGEMENT LLC Sold out -9,060,000-9.1m
Linden Advisors LP Reduced -7,073,000-7.1m
SPHERA FUNDS MANAGEMENT LTD. Reduced -4,701,000-4.7m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -2,500,000-2.5m
STATE STREET CORP Reduced -2,050,000-2.0m
SHENKMAN CAPITAL MANAGEMENT INC Sold out -1,225,000-1.2m
WELLS FARGO & COMPANY/MN Sold out -1,000,000-1.0m
CITIGROUP INC Sold out -616,000-616.0k
GOLDMAN SACHS GROUP INC Sold out -375,000-375.0k

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.76% of their portfolio New York, NY 86,646,00086.6m $72.3m $72.3m 0.76% Reduced -7.1m -7,073,000
2 STEELHEAD PARTNERS LLC 3.31% of their portfolio SEATTLE, WA 60,785,00060.8m $50.8m $50.8m 3.31% Added +3.8m +3,785,000
3 LAZARD ASSET MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 50,000,00050.0m $41.8m $41.8m 0.05% Added +4.0m +4,000,000
4 LORD, ABBETT & CO. LLC 0.06% of their portfolio JERSEY CITY, NJ 40,300,00040.3m $33.7m $33.7m 0.06% Added +1.0m +1,048,000
5 BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio PARIS, I0 30,607,00030.6m $25.3m $25.3m 0.05% Added +3.3m +3,311,000
6 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 30,000,00030.0m $24.8m $24.8m 0.01% Added +25.0m +25,000,000
7 Calamos Advisors LLC 0.13% of their portfolio NAPERVILLE, IL 30,000,00030.0m $25.0m $25.0m 0.13% Unchanged
8 DAVIDSON KEMPNER PARTNERS 0.59% of their portfolio New York, NY 28,600,00028.6m $23.6m $23.6m 0.59% First filing
9 Davidson Kempner Capital Management LP 0.49% of their portfolio New York, NY 28,600,00028.6m $23.6m $23.6m 0.49% Unchanged
10 TENOR CAPITAL MANAGEMENT Co., L.P. 0.46% of their portfolio NEW YORK, NY 27,500,00027.5m $23.0m $23.0m 0.46% Unchanged
11 Opti Capital Management, LP 1.52% of their portfolio New York, NY 22,476,00022.5m $18.8m $18.8m 1.52% Added +14.8m +14,810,000
12 OAKTREE CAPITAL MANAGEMENT LP 0.11% of their portfolio LOS ANGELES, CA 11,544,00011.5m $9.6m $9.6m 0.11% New
13 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 9,359,0009.4m $7.7m $7.7m 0.01% Added +186.0k +186,000
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,050,0009.1m $7.5m $7.5m 0.00% Reduced -2.0m -2,050,000
15 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 6,086,0006.1m $5.1m $5.1m 0.01% Added +3.1m +3,086,000
16 ABSOLUTE INVESTMENT ADVISERS, LLC 0.73% of their portfolio ROSEMARY BEACH, FL 6,000,0006.0m $5.0m $5.0m 0.73% Unchanged
17 FLOSSBACH VON STORCH SE 0.02% of their portfolio COLOGNE, 2M 5,650,0005.7m $4.7m $4.7m 0.02% Unchanged
18 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 4,000,0004.0m $3.3m $3.3m 0.01% New
19 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 2,000,0002.0m $1.7m $1.7m 0.00% New
20 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,924,0001.9m $1.6m $1.6m 0.00% Added +59.0k +59,000
21 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,003,0001.0m $835.4k $835.4k 0.00% Added +95.0k +95,000
22 ONTARIO TEACHERS PENSION PLAN BOARD 0.01% of their portfolio Toronto, A6 1,000,0001.0m $839.2k $839.2k 0.01% Unchanged
23 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 750,000750.0k $624.7k $624.7k 0.00% Unchanged
24 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 500,000500.0k $415.3k $415.3k 0.00% Unchanged
25 SPHERA FUNDS MANAGEMENT LTD. 0.05% of their portfolio TEL AVIV, L3 250,000250.0k $208.2k $208.2k 0.05% Reduced -4.7m -4,701,000
26 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 140,000140.0k $117.0k $117.0k 0.00% New
27 Baader Bank Aktiengesellschaft 0.06% of their portfolio Unterschleissheim, 2M 20,46020.5k $714.5k $714.5k 0.06% New
28 Context Capital Management, LLC 1.16% of their portfolio LAJOLLA, CA 16,50016.5k $13.8m $13.8m 1.16% Added +7.5k +7,500
29 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged