Vault-13

GRANITE CONSTR INC GVA 3.75 05.15.28

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

19 institutional holders -10 vs Q1 2026
1,0001.0k shares reported held*
$797.2mreported value*
2 new 6 added 4 reduced 12 sold out net sold ≈ $31.6m (-107.8k 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 ≈ $797178.78.

Trends to Q2 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: 29Q2 26: 1919Q2 24Q4 24Q2 25Q4 25Q2 26
Numbers
QuarterHolders
Q2 202433
Q3 202442
Q4 202431
Q1 202534
Q2 202533
Q3 202531
Q4 202530
Q1 202629
Q2 202619

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 outQ4 24: 13 bought or addedQ4 24: 22 cut or sold outQ4 24Q1 25: 12 bought or addedQ1 25: 14 cut or sold outQ2 25: 12 bought or addedQ2 25: 15 cut or sold outQ2 25Q3 25: 15 bought or addedQ3 25: 17 cut or sold outQ4 25: 15 bought or addedQ4 25: 12 cut or sold outQ4 25Q1 26: 11 bought or addedQ1 26: 14 cut or sold outQ2 26: 8 bought or addedQ2 26: 16 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241820
Q4 20241322
Q1 20251214
Q2 20251215
Q3 20251517
Q4 20251512
Q1 20261114
Q2 2026816

Biggest buyers

Elequin Capital, LP New +32,964,000+33.0m
D. E. Shaw & Co., Inc. Added +17,094,000+17.1m
Warberg Asset Management LLC New +14,102,000+14.1m
MILLENNIUM MANAGEMENT LLC Added +13,500,000+13.5m
STATE STREET CORP Added +1,600,000+1.6m
BlackRock, Inc. Added +275,000+275.0k
Calamos Advisors LLC Added +10,000+10.0k
CITIGROUP INC Added +10,000+10.0k

Biggest sellers

BNP PARIBAS FINANCIAL MARKETS Sold out -40,426,000-40.4m
CITADEL ADVISORS LLC Sold out -23,119,000-23.1m
BANK OF AMERICA CORP /DE/ Sold out -11,846,000-11.8m
LAZARD ASSET MANAGEMENT LLC Sold out -10,320,000-10.3m
FMR LLC Reduced -4,030,000-4.0m
READYSTATE ASSET MANAGEMENT LP Reduced -2,500,000-2.5m
WELLS FARGO & COMPANY/MN Sold out -2,495,000-2.5m
LORD, ABBETT & CO. LLC Reduced -2,307,000-2.3m
JANE STREET GROUP, LLC Sold out -843,000-843.0k
AGF MANAGEMENT LTD Sold out -750,000-750.0k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MILLENNIUM MANAGEMENT LLC 0.11% of their portfolio NEW YORK, NY 48,500,00048.5m $160.5m $160.5m 0.11% Added +13.5m +13,500,000
2 D. E. Shaw & Co., Inc. 0.09% of their portfolio New York, NY 44,094,00044.1m $145.9m $145.9m 0.09% Added +17.1m +17,094,000
3 Elequin Capital, LP 3.64% of their portfolio NEW YORK, NY 32,964,00033.0m $109.0m $109.0m 3.64% New
4 Polar Asset Management Partners Inc. 1.98% of their portfolio TORONTO, A6 32,500,00032.5m $108.1m $108.1m 1.98% Unchanged
5 Alberta Investment Management Corp 0.44% of their portfolio EDMONTON, A0 23,000,00023.0m $76.0m $76.0m 0.44% Unchanged
6 READYSTATE ASSET MANAGEMENT LP 2.02% of their portfolio CHICAGO, IL 15,000,00015.0m $49.6m $49.6m 2.02% Reduced -2.5m -2,500,000
7 Warberg Asset Management LLC 13.90% of their portfolio WINNETKA, IL 14,102,00014.1m $46.9m $46.9m 13.90% New
8 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 7,264,0007.3m $24.2m $24.2m 0.00% Added +1.6m +1,600,000
9 Calamos Advisors LLC 0.08% of their portfolio NAPERVILLE, IL 7,052,0007.1m $23.3m $23.3m 0.08% Added +10.0k +10,000
10 BlackRock, Inc. 0.00% of their portfolio New York, NY 5,060,0005.1m $16.7m $16.7m 0.00% Added +275.0k +275,000
11 FMR LLC 0.00% of their portfolio BOSTON, MA 4,070,0004.1m $13.4m $13.4m 0.00% Reduced -4.0m -4,030,000
12 LORD, ABBETT & CO. LLC 0.04% of their portfolio JERSEY CITY, NJ 3,997,0004.0m $13.2m $13.2m 0.04% Reduced -2.3m -2,307,000
13 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 2,480,0002.5m $3.6m $3.6m 0.00% Unchanged
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,925,0001.9m $6.3m $6.3m 0.00% Reduced -385.0k -385,000
15 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 74,00074.0k $244.5k $244.5k 0.00% Added +10.0k +10,000
16 UBS Group AG 0.00% of their portfolio ZURICH, V8 72,00072.0k $237.9k $237.9k 0.00% Unchanged
17 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 2,0002.0k $6.6k $6.6k 0.00% Unchanged
18 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,0001.0k $3.3k $3.3k 0.00% Unchanged
19 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,0001.0k $3.3k $3.3k 0.00% Unchanged