Vault-13

FIVERR INTL LTD FVRR 0 11.01.25

NOTE 11/0 · US DOMESTIC · CUSIP 33835LAA3

27 institutional holders +1 vs Q1 2024
6,340,0006.3m shares reported held*
$434.4mreported value*
5 new 6 added 4 reduced 4 sold out net sold ≈ $50.6m (-22.5m 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 ≈ $68.52.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 28Q4 22: 30Q1 23: 29Q2 23: 26Q3 23: 26Q4 23: 28Q1 24: 26Q2 24: 2727Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202228
Q4 202230
Q1 202329
Q2 202326
Q3 202326
Q4 202328
Q1 202426
Q2 202427

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 outQ2 23: 6 bought or addedQ2 23: 10 cut or sold outQ2 23Q3 23: 12 bought or addedQ3 23: 7 cut or sold outQ4 23: 10 bought or addedQ4 23: 7 cut or sold outQ4 23Q1 24: 8 bought or addedQ1 24: 10 cut or sold outQ2 24: 11 bought or addedQ2 24: 8 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221411
Q1 20231610
Q2 2023610
Q3 2023127
Q4 2023107
Q1 2024810
Q2 2024118

Biggest buyers

Opti Capital Management, LP New +22,476,000+22.5m
Davidson Kempner Capital Management LP Added +5,500,000+5.5m
PALISADE CAPITAL MANAGEMENT, LP New +4,691,000+4.7m
OAKTREE CAPITAL MANAGEMENT LP Added +3,398,000+3.4m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +2,500,000+2.5m
PIPER SANDLER & CO. New +2,300,000+2.3m
ADVENT CAPITAL MANAGEMENT /DE/ New +2,070,000+2.1m
Linden Advisors LP Added +1,500,000+1.5m
BARCLAYS PLC Added +500,000+500.0k
SCHRODER INVESTMENT MANAGEMENT GROUP Added +150,000+150.0k

Biggest sellers

LAZARD ASSET MANAGEMENT LLC Sold out -37,300,000-37.3m
BANK OF AMERICA CORP /DE/ Sold out -22,488,000-22.5m
Opti Capital Management, LP Sold out -22,476,000-22.5m
CAPSTONE INVESTMENT ADVISORS, LLC Sold out -7,500,000-7.5m
JPMORGAN CHASE & CO Reduced -6,196,000-6.2m
STEELHEAD PARTNERS LLC Reduced -3,500,000-3.5m
FLOSSBACH VON STORCH SE Reduced -500,000-500.0k
Context Capital Management, LLC Reduced -3,400-3.4k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.96% of their portfolio New York, NY 124,001,000124.0m $114.6m $114.6m 0.96% Added +1.5m +1,500,000
2 TENOR CAPITAL MANAGEMENT Co., L.P. 0.80% of their portfolio NEW YORK, NY 55,284,00055.3m $51.1m $51.1m 0.80% Added +2.5m +2,500,000
3 STEELHEAD PARTNERS LLC 2.59% of their portfolio SEATTLE, WA 54,000,00054.0m $49.9m $49.9m 2.59% Reduced -3.5m -3,500,000
4 Davidson Kempner Capital Management LP 0.62% of their portfolio New York, NY 40,500,00040.5m $37.3m $37.3m 0.62% Added +5.5m +5,500,000
5 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 38,450,00038.5m $35.6m $35.6m 0.01% Unchanged
6 Calamos Advisors LLC 0.13% of their portfolio NAPERVILLE, IL 30,000,00030.0m $27.7m $27.7m 0.13% Unchanged
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 28,986,00029.0m $26.6m $26.6m 0.00% Reduced -6.2m -6,196,000
8 Opti Capital Management, LP 1.55% of their portfolio New York, NY 22,476,00022.5m $20.8m $20.8m 1.55% New
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,050,0009.1m $8.3m $8.3m 0.00% Unchanged
10 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 8,535,0008.5m $7.9m $7.9m 0.00% Unchanged
11 Radcliffe Capital Management, L.P. 1.36% of their portfolio BALA CYNWYD, PA 7,500,0007.5m $6.9m $6.9m 1.36% Unchanged
12 OAKTREE CAPITAL MANAGEMENT LP 0.12% of their portfolio LOS ANGELES, CA 7,303,0007.3m $6.8m $6.8m 0.12% Added +3.4m +3,398,000
13 ABSOLUTE INVESTMENT ADVISERS, LLC 0.82% of their portfolio ROSEMARY BEACH, FL 6,000,0006.0m $5.5m $5.5m 0.82% Unchanged
14 FLOSSBACH VON STORCH SE 0.02% of their portfolio COLOGNE, 2M 5,150,0005.2m $4.8m $4.8m 0.02% Reduced -500.0k -500,000
15 PALISADE CAPITAL MANAGEMENT, LP 0.12% of their portfolio FORT LEE, NJ 4,691,0004.7m $4.3m $4.3m 0.12% New
16 PIPER SANDLER & CO. 1.64% of their portfolio MINNEAPOLIS, MN 2,300,0002.3m $2.1m $2.1m 1.64% New
17 ADVENT CAPITAL MANAGEMENT /DE/ 0.05% of their portfolio NEW YORK, NY 2,070,0002.1m $1.9m $1.9m 0.05% New
18 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,918,0001.9m $1.8m $1.8m 0.00% Added +500.0k +500,000
19 ONTARIO TEACHERS PENSION PLAN BOARD 0.01% of their portfolio Toronto, A6 1,000,0001.0m $922.1k $922.1k 0.01% Unchanged
20 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 800,000800.0k $736.5k $736.5k 0.00% Added +150.0k +150,000
21 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 500,000500.0k $460.3k $460.3k 0.00% Unchanged
22 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio HARRISBURG, PA 340,000340.0k $313.0k $313.0k 0.00% Unchanged
23 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 102,000102.0k $93.9k $93.9k 0.00% Unchanged
24 Virtus Investment Advisers, LLC 0.02% of their portfolio HARTFORD, CT 20,00020.0k $18.4k $18.4k 0.02% Unchanged
25 Context Capital Management, LLC 0.62% of their portfolio LAJOLLA, CA 18,59318.6k $17.2m $17.2m 0.62% Reduced -3.4k -3,400
26 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 9,3009.3k $858.0k $858.0k 0.01% New
27 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged