Vault-13

GUESS INC GES 3.75 04.15.28

NOTE 3.750% 4/1 · US DOMESTIC · CUSIP 401617AF2

34 institutional holders +8 vs Q4 2024
1,098,8041.1m shares reported held*
$273.1mreported value*
10 new 5 added 10 reduced 3 sold out net sold ≈ $30.6m

* 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 ($531.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $249.04.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

02040Q2 24: 27Q3 24: 27Q4 24: 26Q1 25: 3434Q2 24Q3 24Q4 24Q1 25
Numbers
QuarterHolders
Q2 202427
Q3 202427
Q4 202426
Q1 202534

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q3 24: 10 bought or addedQ3 24: 11 cut or sold outQ3 24Q4 24: 9 bought or addedQ4 24: 11 cut or sold outQ4 24Q1 25: 15 bought or addedQ1 25: 13 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q3 20241011
Q4 2024911
Q1 20251513

Biggest buyers

DLD Asset Management, LP New +34,500,000+34.5m
AQR Arbitrage LLC New +8,855,000+8.9m
Worth Venture Partners, LLC New +7,511,000+7.5m
EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC New +5,000,000+5.0m
LAZARD ASSET MANAGEMENT LLC Added +3,785,000+3.8m
JPMORGAN CHASE & CO New +3,105,000+3.1m
DeepCurrents Investment Group LLC Added +2,900,000+2.9m
DEUTSCHE BANK AG\ Added +2,000,000+2.0m
OAKTREE CAPITAL MANAGEMENT LP New +1,682,000+1.7m
Russell Investments Group, Ltd. New +1,318,000+1.3m

Biggest sellers

HIGHBRIDGE CAPITAL MANAGEMENT LLC Reduced -40,250,000-40.2m
LMR Partners LLP Sold out -25,000,000-25.0m
Sculptor Capital LP Reduced -12,500,000-12.5m
CSS LLC/IL Reduced -11,238,000-11.2m
Paloma Partners Management Co Reduced -6,000,000-6.0m
CAPSTONE INVESTMENT ADVISORS, LLC Reduced -4,511,000-4.5m
ARISTEIA CAPITAL, L.L.C. Reduced -3,000,000-3.0m
BANK OF AMERICA CORP /DE/ Reduced -1,820,000-1.8m
BANK OF MONTREAL /CAN/ Reduced -1,354,000-1.4m
D. E. Shaw & Co., Inc. Reduced -250,000-250.0k

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 D. E. Shaw & Co., Inc. 0.05% of their portfolio New York, NY 45,771,00045.8m $42.2m $42.2m 0.05% Reduced -250.0k -250,000
2 DLD Asset Management, LP 4.63% of their portfolio NEW YORK, NY 34,500,00034.5m $32.0m $32.0m 4.63% New
3 DeepCurrents Investment Group LLC 1.06% of their portfolio NEW YORK, NY 33,249,00033.2m $30.7m $30.7m 1.06% Added +2.9m +2,900,000
4 Calamos Advisors LLC 0.07% of their portfolio NAPERVILLE, IL 15,000,00015.0m $13.9m $13.9m 0.07% Unchanged
5 Davidson Kempner Capital Management LP 0.19% of their portfolio New York, NY 15,000,00015.0m $13.8m $13.8m 0.19% Not comparable
6 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.56% of their portfolio NEW YORK, NY 13,700,00013.7m $12.7m $12.7m 0.56% Reduced -40.2m -40,250,000
7 Paloma Partners Management Co 2.25% of their portfolio GREENWICH, CT 12,790,00012.8m $12.0m $12.0m 2.25% Reduced -6.0m -6,000,000
8 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 10,000,00010.0m $9.2m $9.2m 0.00% Unchanged
9 CAPSTONE INVESTMENT ADVISORS, LLC 0.08% of their portfolio NEW YORK, NY 10,000,00010.0m $9.2m $9.2m 0.08% Reduced -4.5m -4,511,000
10 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 9,650,0009.7m $8.9m $8.9m 0.00% Added +2.0m +2,000,000
11 AQR Arbitrage LLC 0.20% of their portfolio Greenwich, CT 8,855,0008.9m $8.2m $8.2m 0.20% New
12 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 7,790,0007.8m $7.2m $7.2m 0.02% Unchanged
13 Worth Venture Partners, LLC 13.21% of their portfolio FORT LEE, NJ 7,511,0007.5m $7.0m $7.0m 13.21% New
14 Sculptor Capital LP 0.16% of their portfolio New York, NY 7,500,0007.5m $6.9m $6.9m 0.16% Reduced -12.5m -12,500,000
15 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 7,260,0007.3m $6.8m $6.8m 0.00% Reduced -200.0k -200,000
16 BlackRock, Inc. 0.00% of their portfolio New York, NY 6,757,0006.8m $6.2m $6.2m 0.00% Added +720.0k +720,000
17 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 6,706,0006.7m $6.2m $6.2m 0.01% Added +3.8m +3,785,000
18 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.60% of their portfolio Miamisburg, OH 5,000,0005.0m $4.6m $4.6m 0.60% New
19 CSS LLC/IL 0.32% of their portfolio CHICAGO, IL 5,000,0005.0m $4.6m $4.6m 0.32% Reduced -11.2m -11,238,000
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,105,0003.1m $2.9m $2.9m 0.00% New
21 Cutler Capital Management, LLC 0.98% of their portfolio WORCESTER, MA 3,075,0003.1m $2.8m $2.8m 0.98% Added +311.0k +311,000
22 ARISTEIA CAPITAL, L.L.C. 0.09% of their portfolio GREENWICH, CT 3,000,0003.0m $2.8m $2.8m 0.09% Reduced -3.0m -3,000,000
23 FMR LLC 0.00% of their portfolio BOSTON, MA 2,000,0002.0m $1.8m $1.8m 0.00% Unchanged
24 OAKTREE CAPITAL MANAGEMENT LP 0.03% of their portfolio LOS ANGELES, CA 1,682,0001.7m $1.5m $1.5m 0.03% New
25 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,318,0001.3m $1.2m $1.2m 0.00% New
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,298,0001.3m $1.2m $1.2m 0.00% Reduced -1.8m -1,820,000
27 NOMURA HOLDINGS INC 0.06% of their portfolio TOKYO, M0 1,088,3631.1m $12.0m $12.0m 0.06% Unchanged
28 PALISADE CAPITAL MANAGEMENT, LP 0.03% of their portfolio FORT LEE, NJ 1,000,0001.0m $921.6k $921.6k 0.03% New
29 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 849,000849.0k $785.3k $785.3k 0.00% Reduced -1.4m -1,354,000
30 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 500,000500.0k $462.7k $462.7k 0.01% New
31 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 30,00030.0k $27.7k $27.7k 0.00% Unchanged
32 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 10,44110.4k $222.0k $222.0k 0.00% First filing
33 Chicago Capital Management, LLC 1.76% of their portfolio CHICAGO, IL 3,0003.0k $2.8m $2.8m 1.76% New
34 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged