Vault-13

GRANITE CONSTR INC GVA 3.25 06.15.30

NOTE 3.250% 6/1 · US DOMESTIC · CUSIP 387328AF4

35 institutional holders -1 vs Q1 2026
28,043,00028.0m shares reported held*
$771.6mreported value*
7 new 8 added 11 reduced 8 sold out net sold ≈ $14.8m (-5.2m 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 ($1.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $27.45.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

02040Q2 25: 27Q3 25: 34Q4 25: 38Q1 26: 36Q2 26: 3535Q2 25Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q2 202527
Q3 202534
Q4 202538
Q1 202636
Q2 202635

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q3 25: 18 bought or addedQ3 25: 13 cut or sold outQ3 25Q4 25: 16 bought or addedQ4 25: 14 cut or sold outQ4 25Q1 26: 19 bought or addedQ1 26: 18 cut or sold outQ1 26Q2 26: 15 bought or addedQ2 26: 19 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20251813
Q4 20251614
Q1 20261918
Q2 20261519

Biggest buyers

CAPSTONE INVESTMENT ADVISORS, LLC New +19,500,000+19.5m
Thrivent Financial for Lutherans New +12,850,000+12.8m
LORD, ABBETT & CO. LLC Added +9,351,000+9.4m
BNP PARIBAS FINANCIAL MARKETS Added +6,000,000+6.0m
SSI INVESTMENT MANAGEMENT LLC New +5,230,000+5.2m
BlackRock, Inc. Added +2,675,000+2.7m
KIM, LLC New +2,500,000+2.5m
FMR LLC Added +1,920,000+1.9m
STATE STREET CORP Added +1,550,000+1.6m
AGF MANAGEMENT LTD New +1,050,000+1.1m

Biggest sellers

HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Sold out -17,500,000-17.5m
Aequim Alternative Investments LP Reduced -14,000,000-14.0m
ZAZOVE ASSOCIATES LLC Sold out -8,175,000-8.2m
VOYA INVESTMENT MANAGEMENT LLC Reduced -6,880,000-6.9m
SSI INVESTMENT MANAGEMENT LLC Sold out -5,278,000-5.3m
TWO SIGMA INVESTMENTS, LP Sold out -5,000,000-5.0m
BANK OF NOVA SCOTIA Sold out -3,500,000-3.5m
WHITEBOX ADVISORS LLC Reduced -2,500,000-2.5m
JANE STREET GROUP, LLC Sold out -2,332,000-2.3m
JPMORGAN CHASE & CO Sold out -2,075,000-2.1m

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.19% of their portfolio ATLANTA, GA 107,450,000107.5m $225.2m $225.2m 0.19% Reduced -6.9m -6,880,000
2 BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio PARIS, I0 52,930,00052.9m $110.7m $110.7m 0.06% Added +6.0m +6,000,000
3 Aequim Alternative Investments LP 1.17% of their portfolio MILL VALLEY, CA 36,000,00036.0m $75.4m $75.4m 1.17% Reduced -14.0m -14,000,000
4 CAPSTONE INVESTMENT ADVISORS, LLC 0.28% of their portfolio NEW YORK, NY 19,500,00019.5m $40.9m $40.9m 0.28% New
5 ABSOLUTE INVESTMENT ADVISERS, LLC 3.04% of their portfolio ROSEMARY BEACH, FL 15,000,00015.0m $31.5m $31.5m 3.04% Unchanged
6 LORD, ABBETT & CO. LLC 0.08% of their portfolio JERSEY CITY, NJ 13,501,00013.5m $28.3m $28.3m 0.08% Added +9.4m +9,351,000
7 Thrivent Financial for Lutherans 0.05% of their portfolio Minneapolis, MN 12,850,00012.8m $26.9m $26.9m 0.05% New
8 BlackRock, Inc. 0.00% of their portfolio New York, NY 12,650,00012.7m $26.5m $26.5m 0.00% Added +2.7m +2,675,000
9 FMR LLC 0.00% of their portfolio BOSTON, MA 11,264,00011.3m $23.6m $23.6m 0.00% Added +1.9m +1,920,000
10 ARISTEIA CAPITAL, L.L.C. 0.33% of their portfolio GREENWICH, CT 10,000,00010.0m $21.0m $21.0m 0.33% Unchanged
11 PICTON MAHONEY ASSET MANAGEMENT 0.19% of their portfolio Toronto, A6 10,000,00010.0m $21.0m $21.0m 0.19% Unchanged
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,473,0009.5m $19.9m $19.9m 0.00% Added +1.6m +1,550,000
13 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 7,533,0007.5m $15.8m $15.8m 0.00% Reduced -1.2m -1,175,000
14 WHITEBOX ADVISORS LLC 0.25% of their portfolio MINNEAPOLIS, MN 7,500,0007.5m $15.7m $15.7m 0.25% Reduced -2.5m -2,500,000
15 SSI INVESTMENT MANAGEMENT LLC 0.64% of their portfolio Los Angeles, CA 5,230,0005.2m $10.9m $10.9m 0.64% New
16 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 2,500,0002.5m $5.2m $5.2m 0.00% Reduced -500.0k -500,000
17 KIM, LLC 0.71% of their portfolio WICHITA, KS 2,500,0002.5m $5.2m $5.2m 0.71% New
18 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,450,0001.4m $3.0m $3.0m 0.00% Reduced -350.0k -350,000
19 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 1,050,0001.1m $2.2m $2.2m 0.01% New
20 MIZUHO SECURITIES USA LLC 0.02% of their portfolio NEW YORK, NY 983,000983.0k $1.6m $1.6m 0.02% Unchanged
21 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 742,000742.0k $1.6m $1.6m 0.00% Reduced -415.0k -415,000
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 623,000623.0k $1.3m $1.3m 0.00% Unchanged
23 Kohlberg Kravis Roberts & Co. L.P. 0.02% of their portfolio NEW YORK, NY 555,000555.0k $1.2m $1.2m 0.02% Added +305.0k +305,000
24 Police & Firemen's Retirement System of New Jersey 0.01% of their portfolio TRENTON, NJ 552,000552.0k $1.2m $1.2m 0.01% New
25 Ares Systematic Credit Ltd 0.64% of their portfolio LONDON, X0 500,000500.0k $1.0m $1.0m 0.64% Added +100.0k +100,000
26 Virtus Fixed Income Advisers, LLC 0.44% of their portfolio HARTFORD, CT 334,000334.0k $698.7k $698.7k 0.44% Reduced -14.0k -14,000
27 Central Pacific Bank - Trust Division 0.06% of their portfolio HONOLULU, HI 295,000295.0k $617.1k $617.1k 0.06% Unchanged
28 Amundi 0.00% of their portfolio Paris, I0 125,000125.0k $261.5k $261.5k 0.00% Unchanged
29 LOOMIS SAYLES & CO L P 0.02% of their portfolio BOSTON, MA 107,173107.2k $16.9m $16.9m 0.02% New
30 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 85,00085.0k $177.8k $177.8k 0.00% Reduced -800.0k -800,000
31 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 74,00074.0k $155.5k $155.5k 0.00% Added +22.0k +22,000
32 VIRTUS ADVISERS, LLC 0.06% of their portfolio HARTFORD, CT 69,00069.0k $144.3k $144.3k 0.06% Unchanged
33 NOMURA HOLDINGS INC 0.03% of their portfolio TOKYO, M0 43,84843.8k $6.9m $6.9m 0.03% Reduced -278.7k -278,743
34 BOUSSARD & GAVAUDAN GESTION SAS 1.50% of their portfolio PARIS, I0 13,95013.9k $29.6m $29.6m 1.50% First filing
35 ODDO BHF ASSET MANAGEMENT SAS 0.02% of their portfolio PARIS, I0 202202 $422.8k $422.8k 0.02% Reduced -25 -25