Vault-13

GREENBRIER COS INC GBX 2.875 04.15.28

NOTE 2.875% 4/1 · US DOMESTIC · CUSIP 393657AM3

54 institutional holders +9 vs Q1 2023
36,747,51036.7m shares reported held*
$388.9mreported value*
10 new 12 added 14 reduced 1 sold out net sold ≈ $4.9m (+1.7m 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 ≈ $10.58.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 53Q4 22: 53Q1 23: 45Q2 23: 5454Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202253
Q4 202253
Q1 202345
Q2 202354

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 23 bought or addedQ4 22: 16 cut or sold outQ4 22Q1 23: 16 bought or addedQ1 23: 20 cut or sold outQ1 23Q2 23: 22 bought or addedQ2 23: 15 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222316
Q1 20231620
Q2 20232215

Biggest buyers

LAZARD ASSET MANAGEMENT LLC Added +13,400,000+13.4m
Centiva Capital, LP New +11,000,000+11.0m
D. E. Shaw & Co., Inc. New +6,446,000+6.4m
FMR LLC New +5,000,000+5.0m
STATE STREET CORP Added +2,450,000+2.5m
BARCLAYS PLC Added +1,988,000+2.0m
OAKTREE CAPITAL MANAGEMENT LP New +1,620,000+1.6m
WELLINGTON MANAGEMENT GROUP LLP Added +1,405,000+1.4m
JPMORGAN CHASE & CO Added +1,260,000+1.3m
Jefferies Financial Group Inc. New +1,224,000+1.2m

Biggest sellers

ROYAL BANK OF CANADA Reduced -17,512,000-17.5m
Wellesley Asset Management Reduced -13,512,579-13.5m
SHENKMAN CAPITAL MANAGEMENT INC Reduced -7,150,000-7.2m
MORGAN STANLEY Reduced -4,123,000-4.1m
AMERIPRISE FINANCIAL INC Reduced -3,800,000-3.8m
BANK OF AMERICA CORP /DE/ Reduced -3,509,000-3.5m
Invesco Ltd. Reduced -2,000,000-2.0m
PALISADE CAPITAL MANAGEMENT, LP Reduced -1,439,000-1.4m
WELLS FARGO & COMPANY/MN Reduced -1,141,000-1.1m
CITADEL ADVISORS LLC Sold out -500,000-500.0k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Wellesley Asset Management 7.05% of their portfolio PORTSMOUTH, NH 87,375,59687.4m $86.6m $86.6m 7.05% Reduced -13.5m -13,512,579
2 LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 35,800,00035.8m $35.4m $35.4m 0.04% Added +13.4m +13,400,000
3 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 34,225,00034.2m $33.0m $33.0m 0.00% Added +1.3m +1,260,000
4 AQR Arbitrage LLC 1.27% of their portfolio Greenwich, CT 29,700,00029.7m $29.4m $29.4m 1.27% Reduced -225.0k -225,000
5 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 22,988,00023.0m $22.6m $22.6m 0.01% Reduced -3.8m -3,800,000
6 MacKay Shields LLC 0.53% of their portfolio New York, NY 19,278,00019.3m $19.1m $19.1m 0.53% Unchanged
7 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 17,901,00017.9m $17.6m $17.6m 0.03% Added +221.0k +221,000
8 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 12,949,00012.9m $12.7m $12.7m 0.03% Added +150.0k +150,000
9 ABSOLUTE INVESTMENT ADVISERS, LLC 1.59% of their portfolio ROSEMARY BEACH, FL 11,500,00011.5m $11.3m $11.3m 1.59% Added +500.0k +500,000
10 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 11,000,00011.0m $10.8m $10.8m 0.00% Reduced -2.0m -2,000,000
11 Centiva Capital, LP 0.55% of their portfolio New York, NY 11,000,00011.0m $10.9m $10.9m 0.55% New
12 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 10,021,00010.0m $9.7m $9.7m 0.00% Reduced -1.1m -1,141,000
13 LORD, ABBETT & CO. LLC 0.02% of their portfolio JERSEY CITY, NJ 10,000,00010.0m $9.9m $9.9m 0.02% Added +1.0m +1,000,000
14 LORD, ABBETT & CO. LLC 0.02% of their portfolio JERSEY CITY, NJ 10,000,00010.0m $9.9m $9.9m 0.02% Added +1.0m +1,000,000
15 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,256,0009.3m $9.2m $9.2m 0.00% Added +2.5m +2,450,000
16 CSS LLC/IL 0.58% of their portfolio CHICAGO, IL 7,576,0007.6m $7.5m $7.5m 0.58% Added +574.0k +574,000
17 Calamos Advisors LLC 0.03% of their portfolio NAPERVILLE, IL 6,600,0006.6m $6.5m $6.5m 0.03% Unchanged
18 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 6,446,0006.4m $6.4m $6.4m 0.01% New
19 SHENKMAN CAPITAL MANAGEMENT INC 0.47% of their portfolio NEW YORK, NY 6,051,0006.1m $6.0m $6.0m 0.47% Reduced -7.2m -7,150,000
20 FMR LLC 0.00% of their portfolio BOSTON, MA 5,000,0005.0m $4.9m $4.9m 0.00% New
21 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 4,285,0004.3m $4.2m $4.2m 0.00% Added +1.4m +1,405,000
22 SSI INVESTMENT MANAGEMENT LLC 0.22% of their portfolio Los Angeles, CA 3,250,0003.2m $3.2m $3.2m 0.22% Unchanged
23 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 3,014,0003.0m $3.0m $3.0m 0.00% Reduced -17.5m -17,512,000
24 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 2,104,0002.1m $1.7m $1.7m 0.00% Reduced -250.0k -250,000
25 BlackRock Inc. 0.00% of their portfolio New York, NY 2,100,0002.1m $2.1m $2.1m 0.00% Reduced -200.0k -200,000
26 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,023,0002.0m $2.0m $2.0m 0.00% Added +2.0m +1,988,000
27 PALISADE CAPITAL MANAGEMENT, LP 0.05% of their portfolio FORT LEE, NJ 1,746,0001.7m $1.7m $1.7m 0.05% Reduced -1.4m -1,439,000
28 OAKTREE CAPITAL MANAGEMENT LP 0.02% of their portfolio LOS ANGELES, CA 1,620,0001.6m $1.6m $1.6m 0.02% New
29 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,500,0001.5m $1.4m $1.4m 0.00% Unchanged
30 Jefferies Financial Group Inc. 0.03% of their portfolio NEW YORK, NY 1,224,0001.2m $1.2m $1.2m 0.03% New
31 CAMDEN ASSET MANAGEMENT L P /CA 0.04% of their portfolio Los Angeles, CA 1,200,0001.2m $1.2m $1.2m 0.04% Unchanged
32 KORNITZER CAPITAL MANAGEMENT INC /KS 0.02% of their portfolio SHAWNEE MISSION, KS 1,000,0001.0m $984.5k $984.5k 0.02% Unchanged
33 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 962,000962.0k $947.1k $947.1k 0.00% Added +673.0k +673,000
34 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 950,000950.0k $935.3k $935.3k 0.00% Unchanged
35 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 400,000400.0k $394.0k $394.0k 0.00% Unchanged
36 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 380,000380.0k $378.8k $378.8k 0.00% New
37 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 309,000309.0k $304.2k $304.2k 0.00% Reduced -3.5m -3,509,000
38 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $289.0k $289.0k 0.00% Unchanged
39 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 170,000170.0k $166.6k $166.6k 0.00% Unchanged
40 Cetera Advisors LLC 0.00% of their portfolio DENVER, CO 157,000157.0k $154.6k $154.6k 0.00% Unchanged
41 Cutler Capital Management, LLC 0.05% of their portfolio WORCESTER, MA 117,000117.0k $115.2k $115.2k 0.05% New
42 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 105,000105.0k $103.4k $103.4k 0.00% Unchanged
43 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 100,000100.0k $98.5k $98.5k 0.00% Unchanged
44 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 47,00047.0k $46.6k $46.6k 0.00% New
45 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 45,00045.0k $44.3k $44.3k 0.00% Unchanged
46 Csenge Advisory Group 0.00% of their portfolio CLEARWATER, FL 25,00025.0k $24.6k $24.6k 0.00% Unchanged
47 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 22,00022.0k $22.0k $22.0k 0.00% Reduced -18.0k -18,000
48 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 22,00022.0k $21.8k $21.8k 0.00% New
49 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 5,0005.0k $478.0k $478.0k 0.00% Reduced -36.9k -36,900
50 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,0001.0k $988 $988 0.00% Reduced -4.1m -4,123,000
51 Intellectus Partners, LLC 0.14% of their portfolio SAN FRANCISCO, CA 465465 $460.6k $460.6k 0.14% New
52 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 4848 $47.3k $47.3k 0.00% Unchanged
53 Rehmann Capital Advisory Group 0.00% of their portfolio LANSING, MI 4545 $44.3k $44.3k 0.00% Unchanged
54 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged