FORUM ENERGY TECHNOLOGIES IN FET 9 08.04.25
NOTE 9.000% 8/0 · US DOMESTIC · CUSIP 34984VAC4
26
institutional holders
+2 vs Q4 2023
3.7m
shares reported held*
$141.4mreported value*
4 new
2 added
6 reduced
2 sold out
net sold ≈ $3.5m (+3.3m 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 ≈ $37.97.
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 30 |
| Q4 2022 | 27 |
| Q1 2023 | 21 |
| Q2 2023 | 22 |
| Q3 2023 | 23 |
| Q4 2023 | 24 |
| Q1 2024 | 26 |
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 |
|---|---|---|
| Q4 2022 | 2 | 9 |
| Q1 2023 | 3 | 20 |
| Q2 2023 | 2 | 5 |
| Q3 2023 | 5 | 2 |
| Q4 2023 | 6 | 2 |
| Q1 2024 | 6 | 8 |
Biggest buyers
| Pinnacle Holdings, LLC | New | +3.0m |
| Claret Asset Management Corp | New | +1.5m |
| NYL Investors LLC | New | +304.1k |
| ZAZOVE ASSOCIATES LLC | Added | +137.8k |
| STANSBERRY ASSET MANAGEMENT, LLC | New | +26.2k |
| MORGAN STANLEY | Added | +10.6k |
Biggest sellers
| Walleye Capital LLC | Reduced | -4.0m |
| Pinnacle Holdings, LLC | Sold out | -2.6m |
| POLEN CAPITAL MANAGEMENT LLC | Reduced | -1.3m |
| Context Capital Management, LLC | Reduced | -597.4k |
| OnyxPoint Global Management LP | Reduced | -400.0k |
| MacKay Shields LLC | Reduced | -222.0k |
| ROYAL BANK OF CANADA | Reduced | -10.0k |
| OSAIC HOLDINGS, INC. | Sold out | 0 |
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| MacKay Shields LLC 0.96% of their portfolio | 34.5m $34.6m | Reduced -222.0k |
| POLEN CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 23.8m $23.6m | Reduced -1.3m |
| Employees Retirement System of Texas 0.15% of their portfolio | 13.0m $13.7m | Unchanged |
| Walleye Capital LLC 0.13% of their portfolio | 12.0m $12.0m | Reduced -4.0m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio | 7.7m $7.6m | Unchanged |
| Keyframe Capital Partners, L.P. 8.46% of their portfolio | 6.9m $6.8m | Unchanged |
| Newtyn Management, LLC 1.09% of their portfolio | 5.5m $5.5m | Unchanged |
| Pinnacle Holdings, LLC 1.20% of their portfolio | 3.0m $3.0m | New |
| Claret Asset Management Corp 0.25% of their portfolio | 1.5m $1.5m | New |
| OnyxPoint Global Management LP 0.75% of their portfolio | 1.4m $1.4m | Reduced -400.0k |
| NYL Investors LLC 1.09% of their portfolio | 304.1k $30.1m | New |
| ZAZOVE ASSOCIATES LLC 0.02% of their portfolio | 275.7k $276.0k | Added +137.8k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 262.7k $260.2k | Unchanged |
| CANNELL CAPITAL LLC 0.03% of their portfolio | 140.0k $143.1k | Unchanged |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 121.0k $120.3k | Unchanged |
| Seelaus Asset Management LLC 0.08% of their portfolio | 83.9k $83.3k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 31.9k $31.6k | Added +10.6k |
| STANSBERRY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 26.2k $26.0k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 15.8k $15.6k | Unchanged |
| Ratio Wealth Group 0.00% of their portfolio | 15.7k $16.0k | Unchanged |
| Foundations Investment Advisors, LLC 0.00% of their portfolio | 10.4k $10.6k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 891 $1.0k | Reduced -10.0k |
| Context Capital Management, LLC 0.03% of their portfolio | 598 $591.2k | Reduced -597.4k |
| Gradient Investments LLC 0.00% of their portfolio | 49 $50 | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 17 $16 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |