Vault-13

FLUENCE ENERGY INC FLNC 2.25 06.15.30

NOTE 2.250% 6/1 · US DOMESTIC · CUSIP 34379VAB9

31 institutional holders +3 vs Q4 2025
12,300,00012.3m shares reported held*
$396.7mreported value*
10 new 8 added 5 reduced 7 sold out net bought ≈ $42.3m (+300.0k 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 ≈ $32.25.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

02040Q4 25: 28Q1 26: 3131Q4 25Q1 26
Numbers
QuarterHolders
Q4 202528
Q1 202631

Biggest buyers

CITADEL ADVISORS LLC New +30,498,000+30.5m
AQR Arbitrage LLC New +25,700,000+25.7m
Nuveen, LLC New +21,847,000+21.8m
WHITEBOX ADVISORS LLC New +20,000,000+20.0m
BNP PARIBAS FINANCIAL MARKETS New +17,563,000+17.6m
Balyasny Asset Management L.P. Added +12,000,000+12.0m
PenderFund Capital Management Ltd. Added +9,410,000+9.4m
Universal- Beteiligungs- und Servicegesellschaft mbH New +6,870,000+6.9m
BlackRock, Inc. New +6,150,000+6.2m
Jump Financial, LLC Added +5,500,000+5.5m

Biggest sellers

Linden Advisors LP Sold out -54,324,000-54.3m
WOLVERINE ASSET MANAGEMENT LLC Sold out -31,570,000-31.6m
D. E. Shaw & Co., Inc. Sold out -12,500,000-12.5m
READYSTATE ASSET MANAGEMENT LP Sold out -10,000,000-10.0m
TWO SIGMA INVESTMENTS, LP Reduced -5,000,000-5.0m
CAPSTONE INVESTMENT ADVISORS, LLC Sold out -5,000,000-5.0m
CSS LLC/IL Reduced -4,000,000-4.0m
CITIGROUP INC Reduced -1,500,000-1.5m
ADVENT CAPITAL MANAGEMENT /DE/ Sold out -1,400,000-1.4m
Skaana Management L.P. Reduced -1,000,000-1.0m

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Context Capital Management, LLC 1.83% of their portfolio LAJOLLA, CA 78,672,00078.7m $79.4m $79.4m 1.83% Added +1.5m +1,499,000
2 PenderFund Capital Management Ltd. 5.95% of their portfolio VANCOUVER, A1 37,410,00037.4m $38.0m $38.0m 5.95% Added +9.4m +9,410,000
3 Balyasny Asset Management L.P. 0.07% of their portfolio Chicago, IL 36,000,00036.0m $36.4m $36.4m 0.07% Added +12.0m +12,000,000
4 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 30,498,00030.5m $30.8m $30.8m 0.02% New
5 AQR Arbitrage LLC 0.43% of their portfolio Greenwich, CT 25,700,00025.7m $25.9m $25.9m 0.43% New
6 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 21,847,00021.8m $21.9m $21.9m 0.01% New
7 WHITEBOX ADVISORS LLC 0.28% of their portfolio MINNEAPOLIS, MN 20,000,00020.0m $20.1m $20.1m 0.28% New
8 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 17,563,00017.6m $17.6m $17.6m 0.01% New
9 DeepCurrents Investment Group LLC 0.62% of their portfolio NEW YORK, NY 15,000,00015.0m $15.2m $15.2m 0.62% Unchanged
10 Purpose Unlimited Inc. 0.57% of their portfolio TORONTO, A6 13,700,00013.7m $13.8m $13.8m 0.57% Unchanged
11 ARISTEIA CAPITAL, L.L.C. 0.28% of their portfolio GREENWICH, CT 12,000,00012.0m $12.1m $12.1m 0.28% Added +2.0m +2,000,000
12 ABSOLUTE INVESTMENT ADVISERS, LLC 1.42% of their portfolio ROSEMARY BEACH, FL 12,000,00012.0m $12.1m $12.1m 1.42% Unchanged
13 Jump Financial, LLC 0.16% of their portfolio Chicago, IL 10,500,00010.5m $10.5m $10.5m 0.16% Added +5.5m +5,500,000
14 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 8,435,0008.4m $8.5m $8.5m 0.01% Reduced -5.0m -5,000,000
15 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 8,250,0008.2m $8.4m $8.4m 0.00% Added +3.4m +3,350,000
16 SHENKMAN CAPITAL MANAGEMENT INC 0.99% of their portfolio NEW YORK, NY 8,000,0008.0m $8.2m $8.2m 0.99% Added +3.0m +3,000,000
17 Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio FRANKFURT AM MAIN, 2M 6,870,0006.9m $7.0m $7.0m 0.01% New
18 BlackRock, Inc. 0.00% of their portfolio New York, NY 6,150,0006.2m $6.2m $6.2m 0.00% New
19 CSS LLC/IL 0.35% of their portfolio CHICAGO, IL 6,140,0006.1m $6.2m $6.2m 0.35% Reduced -4.0m -4,000,000
20 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 5,287,0005.3m $53.3k $53.3k 0.00% New
21 ZAZOVE ASSOCIATES LLC 0.26% of their portfolio INCLINE VILLAGE, NV 5,000,0005.0m $5.5m $5.5m 0.26% Added +3.0m +3,000,000
22 FMR LLC 0.00% of their portfolio BOSTON, MA 4,456,0004.5m $4.5m $4.5m 0.00% Reduced -920.0k -920,000
23 Man Group plc 0.01% of their portfolio LONDON, X0 2,500,0002.5m $2.5m $2.5m 0.01% Unchanged
24 Benefit Street Partners LLC 2.34% of their portfolio NEW YORK, NY 2,000,0002.0m $2.0m $2.0m 2.34% Unchanged
25 Aristides Capital LLC 0.33% of their portfolio LOUISVILLE, KY 1,000,0001.0m $1.0m $1.0m 0.33% Unchanged
26 Skaana Management L.P. 0.41% of their portfolio BROOKLYN, NY 1,000,0001.0m $1.0m $1.0m 0.41% Reduced -1.0m -1,000,000
27 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 500,000500.0k $505.2k $505.2k 0.00% New
28 Kohlberg Kravis Roberts & Co. L.P. 0.01% of their portfolio NEW YORK, NY 310,000310.0k $312.8k $312.8k 0.01% Unchanged
29 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $302.2k $302.2k 0.00% New
30 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 109,000109.0k $109.4k $109.4k 0.00% Reduced -1.5m -1,500,000
31 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 6,0006.0k $601.0k $601.0k 0.00% Unchanged