Vault-13

GRANITE CONSTR INC GVA 3.75 05.15.28

NOTE 3.750% 5/1 · US DOMESTIC · CUSIP 387328AD9

29 institutional holders -1 vs Q4 2025
108,753108.8k shares reported held*
$674.0mreported value*
4 new 7 added 9 reduced 5 sold out net sold ≈ $273.3m (-6.0m 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 ≈ $6197.96.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q2 24: 33Q3 24: 42Q4 24: 31Q1 25: 34Q2 25: 33Q3 25: 31Q4 25: 30Q1 26: 2929Q2 24Q4 24Q2 25Q4 25Q1 26
Numbers
QuarterHolders
Q2 202433
Q3 202442
Q4 202431
Q1 202534
Q2 202533
Q3 202531
Q4 202530
Q1 202629

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 24: 18 bought or addedQ3 24: 20 cut or sold outQ3 24Q4 24: 13 bought or addedQ4 24: 22 cut or sold outQ1 25: 12 bought or addedQ1 25: 14 cut or sold outQ1 25Q2 25: 12 bought or addedQ2 25: 15 cut or sold outQ3 25: 15 bought or addedQ3 25: 17 cut or sold outQ3 25Q4 25: 15 bought or addedQ4 25: 12 cut or sold outQ1 26: 11 bought or addedQ1 26: 14 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241820
Q4 20241322
Q1 20251214
Q2 20251215
Q3 20251517
Q4 20251512
Q1 20261114

Biggest buyers

BNP PARIBAS FINANCIAL MARKETS Added +24,736,000+24.7m
BANK OF AMERICA CORP /DE/ Added +11,431,000+11.4m
WELLS FARGO & COMPANY/MN Added +1,412,000+1.4m
JPMORGAN CHASE & CO Added +1,361,000+1.4m
LAZARD ASSET MANAGEMENT LLC Added +914,000+914.0k
JANE STREET GROUP, LLC New +843,000+843.0k
UBS Group AG New +72,000+72.0k
LOOMIS SAYLES & CO L P Added +33,562+33.6k
BlackRock, Inc. Added +25,000+25.0k
Jefferies Financial Group Inc. New +22,000+22.0k

Biggest sellers

Point72 Asset Management, L.P. Sold out -23,289,000-23.3m
Polar Asset Management Partners Inc. Reduced -22,500,000-22.5m
READYSTATE ASSET MANAGEMENT LP Reduced -22,500,000-22.5m
D. E. Shaw & Co., Inc. Reduced -19,000,000-19.0m
Alberta Investment Management Corp Reduced -17,000,000-17.0m
FMR LLC Reduced -15,745,000-15.7m
CITADEL ADVISORS LLC Reduced -12,000,000-12.0m
PICTON MAHONEY ASSET MANAGEMENT Sold out -6,000,000-6.0m
LORD, ABBETT & CO. LLC Reduced -3,936,000-3.9m
STATE STREET CORP Reduced -2,150,000-2.1m

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio PARIS, I0 40,426,00040.4m $106.0m $106.0m 0.07% Added +24.7m +24,736,000
2 MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio NEW YORK, NY 35,000,00035.0m $92.1m $92.1m 0.07% Unchanged
3 Polar Asset Management Partners Inc. 2.03% of their portfolio TORONTO, A6 32,500,00032.5m $85.5m $85.5m 2.03% Reduced -22.5m -22,500,000
4 D. E. Shaw & Co., Inc. 0.06% of their portfolio New York, NY 27,000,00027.0m $71.0m $71.0m 0.06% Reduced -19.0m -19,000,000
5 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 23,119,00023.1m $60.8m $60.8m 0.04% Reduced -12.0m -12,000,000
6 Alberta Investment Management Corp 0.37% of their portfolio EDMONTON, A0 23,000,00023.0m $60.5m $60.5m 0.37% Reduced -17.0m -17,000,000
7 READYSTATE ASSET MANAGEMENT LP 2.69% of their portfolio CHICAGO, IL 17,500,00017.5m $46.0m $46.0m 2.69% Reduced -22.5m -22,500,000
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 11,846,00011.8m $31.1m $31.1m 0.00% Added +11.4m +11,431,000
9 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 10,320,00010.3m $271.2k $271.2k 0.00% Added +914.0k +914,000
10 FMR LLC 0.00% of their portfolio BOSTON, MA 8,100,0008.1m $21.2m $21.2m 0.00% Reduced -15.7m -15,745,000
11 Calamos Advisors LLC 0.07% of their portfolio NAPERVILLE, IL 7,042,0007.0m $18.5m $18.5m 0.07% Reduced -7.0k -7,000
12 LORD, ABBETT & CO. LLC 0.05% of their portfolio JERSEY CITY, NJ 6,304,0006.3m $16.5m $16.5m 0.05% Reduced -3.9m -3,936,000
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 5,664,0005.7m $15.0m $15.0m 0.00% Reduced -2.1m -2,150,000
14 BlackRock, Inc. 0.00% of their portfolio New York, NY 4,785,0004.8m $12.5m $12.5m 0.00% Added +25.0k +25,000
15 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,495,0002.5m $6.5m $6.5m 0.00% Added +1.4m +1,412,000
16 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 2,480,0002.5m $6.5m $6.5m 0.00% Unchanged
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,310,0002.3m $5.9m $5.9m 0.00% Added +1.4m +1,361,000
18 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 843,000843.0k $2.2m $2.2m 0.00% New
19 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 750,000750.0k $2.0m $2.0m 0.01% Unchanged
20 LOOMIS SAYLES & CO L P 0.02% of their portfolio BOSTON, MA 107,753107.8k $12.9m $12.9m 0.02% Added +33.6k +33,562
21 Ares Systematic Credit Ltd 0.20% of their portfolio LONDON, X0 100,000100.0k $255.6k $255.6k 0.20% Unchanged
22 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 86,00086.0k $225.6k $225.6k 0.00% Unchanged
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 72,00072.0k $188.8k $188.8k 0.00% New
24 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 64,00064.0k $167.8k $167.8k 0.00% Unchanged
25 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 22,00022.0k $58.0k $58.0k 0.00% New
26 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 2,0002.0k $5.3k $5.3k 0.00% Unchanged
27 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,0002.0k $5.0k $5.0k 0.00% New
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,0001.0k $2.6k $2.6k 0.00% Unchanged
29 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,0001.0k $2.6k $2.6k 0.00% Unchanged