Vault-13

GUESS INC GES 3.75 04.15.28

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

27 institutional holders -7 vs Q1 2025
1,109,5811.1m shares reported held*
$307.8mreported value*
1 new 12 added 4 reduced 8 sold out net bought ≈ $27.2m (+10.8k 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 ($1.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $278.85.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

02040Q2 24: 27Q3 24: 27Q4 24: 26Q1 25: 34Q2 25: 2727Q2 24Q3 24Q4 24Q1 25Q2 25
Numbers
QuarterHolders
Q2 202427
Q3 202427
Q4 202426
Q1 202534
Q2 202527

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 25Q2 25: 13 bought or addedQ2 25: 12 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20241011
Q4 2024911
Q1 20251513
Q2 20251312

Biggest buyers

Worth Venture Partners, LLC Added +17,489,000+17.5m
Davidson Kempner Capital Management LP Added +15,000,000+15.0m
Nuveen, LLC New +10,000,000+10.0m
HIGHBRIDGE CAPITAL MANAGEMENT LLC Added +5,750,000+5.8m
DLD Asset Management, LP Added +5,500,000+5.5m
LAZARD ASSET MANAGEMENT LLC Added +4,186,000+4.2m
Paloma Partners Management Co Added +3,798,000+3.8m
OAKTREE CAPITAL MANAGEMENT LP Added +3,241,000+3.2m
BANK OF MONTREAL /CAN/ Added +2,612,000+2.6m
Russell Investments Group, Ltd. Added +2,555,000+2.6m

Biggest sellers

GOLDMAN SACHS GROUP INC Sold out -10,000,000-10.0m
AQR Arbitrage LLC Sold out -8,855,000-8.9m
Sculptor Capital LP Sold out -7,500,000-7.5m
CAPSTONE INVESTMENT ADVISORS, LLC Reduced -5,000,000-5.0m
JPMORGAN CHASE & CO Sold out -3,105,000-3.1m
ARISTEIA CAPITAL, L.L.C. Sold out -3,000,000-3.0m
CSS LLC/IL Reduced -3,000,000-3.0m
BANK OF AMERICA CORP /DE/ Sold out -1,298,000-1.3m
Jefferies Financial Group Inc. Sold out -500,000-500.0k
STATE STREET CORP Reduced -250,000-250.0k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 D. E. Shaw & Co., Inc. 0.04% of their portfolio New York, NY 45,771,00045.8m $43.5m $43.5m 0.04% Unchanged
2 DLD Asset Management, LP 4.51% of their portfolio NEW YORK, NY 40,000,00040.0m $38.1m $38.1m 4.51% Added +5.5m +5,500,000
3 DeepCurrents Investment Group LLC 1.15% of their portfolio NEW YORK, NY 33,249,00033.2m $31.6m $31.6m 1.15% Unchanged
4 Davidson Kempner Capital Management LP 0.43% of their portfolio New York, NY 30,000,00030.0m $28.4m $28.4m 0.43% Added +15.0m +15,000,000
5 Worth Venture Partners, LLC 36.38% of their portfolio FORT LEE, NJ 25,000,00025.0m $23.7m $23.7m 36.38% Added +17.5m +17,489,000
6 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.95% of their portfolio NEW YORK, NY 19,450,00019.4m $18.5m $18.5m 0.95% Added +5.8m +5,750,000
7 Paloma Partners Management Co 3.60% of their portfolio GREENWICH, CT 16,588,00016.6m $15.9m $15.9m 3.60% Added +3.8m +3,798,000
8 Calamos Advisors LLC 0.06% of their portfolio NAPERVILLE, IL 15,000,00015.0m $14.2m $14.2m 0.06% Unchanged
9 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 10,892,00010.9m $10.4m $10.4m 0.01% Added +4.2m +4,186,000
10 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 10,400,00010.4m $9.9m $9.9m 0.00% Added +750.0k +750,000
11 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 10,000,00010.0m $9.5m $9.5m 0.00% New
12 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 7,790,0007.8m $7.4m $7.4m 0.01% Unchanged
13 BlackRock, Inc. 0.00% of their portfolio New York, NY 7,022,0007.0m $6.7m $6.7m 0.00% Added +265.0k +265,000
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 7,010,0007.0m $6.7m $6.7m 0.00% Reduced -250.0k -250,000
15 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.60% of their portfolio Miamisburg, OH 5,000,0005.0m $4.7m $4.7m 0.60% Unchanged
16 CAPSTONE INVESTMENT ADVISORS, LLC 0.04% of their portfolio NEW YORK, NY 5,000,0005.0m $4.8m $4.8m 0.04% Reduced -5.0m -5,000,000
17 OAKTREE CAPITAL MANAGEMENT LP 0.09% of their portfolio LOS ANGELES, CA 4,923,0004.9m $4.7m $4.7m 0.09% Added +3.2m +3,241,000
18 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 3,873,0003.9m $3.7m $3.7m 0.00% Added +2.6m +2,555,000
19 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 3,461,0003.5m $3.3m $3.3m 0.00% Added +2.6m +2,612,000
20 Cutler Capital Management, LLC 0.99% of their portfolio WORCESTER, MA 3,010,0003.0m $2.9m $2.9m 0.99% Reduced -65.0k -65,000
21 FMR LLC 0.00% of their portfolio BOSTON, MA 2,000,0002.0m $1.9m $1.9m 0.00% Unchanged
22 CSS LLC/IL 0.12% of their portfolio CHICAGO, IL 2,000,0002.0m $1.9m $1.9m 0.12% Reduced -3.0m -3,000,000
23 NOMURA HOLDINGS INC 0.11% of their portfolio TOKYO, M0 1,109,5811.1m $13.4m $13.4m 0.11% Added +21.2k +21,218
24 PALISADE CAPITAL MANAGEMENT, LP 0.03% of their portfolio FORT LEE, NJ 1,000,0001.0m $949.5k $949.5k 0.03% Unchanged
25 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 30,00030.0k $28.5k $28.5k 0.00% Unchanged
26 Chicago Capital Management, LLC 2.11% of their portfolio CHICAGO, IL 3,0003.0k $2.9m $2.9m 2.11% Unchanged
27 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged