Vault-13

GUESS INC GES 3.75 04.15.28

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

26 institutional holders -1 vs Q2 2025
1,017,8351.0m shares reported held*
$326.5mreported value*
6 new 2 added 10 reduced 7 sold out net sold ≈ $66.1m (-91.7k 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 ($4.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $324.98.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

02040Q2 24: 27Q3 24: 27Q4 24: 26Q1 25: 34Q2 25: 27Q3 25: 2626Q2 24Q3 24Q4 24Q1 25Q2 25Q3 25
Numbers
QuarterHolders
Q2 202427
Q3 202427
Q4 202426
Q1 202534
Q2 202527
Q3 202526

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 25Q3 25: 8 bought or addedQ3 25: 17 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q3 20241011
Q4 2024911
Q1 20251513
Q2 20251312
Q3 2025817

Biggest buyers

Polar Asset Management Partners Inc. New +16,000,000+16.0m
KIM, LLC New +15,000,000+15.0m
WELLS FARGO & COMPANY/MN New +6,005,000+6.0m
CSS LLC/IL Added +5,000,000+5.0m
RiverPark Advisors, LLC New +4,000,000+4.0m
Crossingbridge Advisors, LLC New +4,000,000+4.0m
STATE STREET CORP Added +500,000+500.0k
JANE STREET GROUP, LLC New +118,000+118.0k

Biggest sellers

DLD Asset Management, LP Sold out -40,000,000-40.0m
Worth Venture Partners, LLC Reduced -20,000,000-20.0m
LAZARD ASSET MANAGEMENT LLC Sold out -10,892,000-10.9m
Nuveen, LLC Sold out -10,000,000-10.0m
Paloma Partners Management Co Reduced -8,965,000-9.0m
DEUTSCHE BANK AG\ Reduced -5,000,000-5.0m
Davidson Kempner Capital Management LP Reduced -5,000,000-5.0m
BlackRock, Inc. Reduced -3,515,000-3.5m
BANK OF MONTREAL /CAN/ Sold out -3,461,000-3.5m
Russell Investments Group, Ltd. Reduced -3,256,000-3.3m

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Weiss Asset Management LP 1.05% of their portfolio BOSTON, MA 74,105,00074.1m $73.5m $73.5m 1.05% Not comparable
2 D. E. Shaw & Co., Inc. 0.04% of their portfolio New York, NY 45,771,00045.8m $45.4m $45.4m 0.04% Unchanged
3 DeepCurrents Investment Group LLC 1.08% of their portfolio NEW YORK, NY 33,249,00033.2m $33.0m $33.0m 1.08% Unchanged
4 Davidson Kempner Capital Management LP 0.35% of their portfolio New York, NY 25,000,00025.0m $24.8m $24.8m 0.35% Reduced -5.0m -5,000,000
5 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.98% of their portfolio NEW YORK, NY 19,450,00019.4m $19.3m $19.3m 0.98% Unchanged
6 Polar Asset Management Partners Inc. 0.32% of their portfolio TORONTO, A6 16,000,00016.0m $15.9m $15.9m 0.32% New
7 Calamos Advisors LLC 0.06% of their portfolio NAPERVILLE, IL 15,000,00015.0m $14.9m $14.9m 0.06% Unchanged
8 KIM, LLC 1.68% of their portfolio WICHITA, KS 15,000,00015.0m $14.9m $14.9m 1.68% New
9 Paloma Partners Management Co 1.53% of their portfolio GREENWICH, CT 7,623,0007.6m $7.7m $7.7m 1.53% Reduced -9.0m -8,965,000
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 7,510,0007.5m $7.6m $7.6m 0.00% Added +500.0k +500,000
11 CSS LLC/IL 0.41% of their portfolio CHICAGO, IL 7,000,0007.0m $6.9m $6.9m 0.41% Added +5.0m +5,000,000
12 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 6,005,0006.0m $6.0m $6.0m 0.00% New
13 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 5,400,0005.4m $5.3m $5.3m 0.00% Reduced -5.0m -5,000,000
14 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 5,290,0005.3m $5.2m $5.2m 0.01% Reduced -2.5m -2,500,000
15 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.57% of their portfolio Miamisburg, OH 5,000,0005.0m $5.0m $5.0m 0.57% Unchanged
16 CAPSTONE INVESTMENT ADVISORS, LLC 0.04% of their portfolio NEW YORK, NY 5,000,0005.0m $5.0m $5.0m 0.04% Unchanged
17 Worth Venture Partners, LLC 14.54% of their portfolio FORT LEE, NJ 5,000,0005.0m $5.0m $5.0m 14.54% Reduced -20.0m -20,000,000
18 RiverPark Advisors, LLC 1.72% of their portfolio NEW YORK, NY 4,000,0004.0m $4.0m $4.0m 1.72% New
19 Crossingbridge Advisors, LLC 2.07% of their portfolio PLEASANTVILLE, NY 4,000,0004.0m $4.0m $4.0m 2.07% New
20 OAKTREE CAPITAL MANAGEMENT LP 0.06% of their portfolio LOS ANGELES, CA 3,621,0003.6m $3.6m $3.6m 0.06% Reduced -1.3m -1,302,000
21 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,507,0003.5m $3.5m $3.5m 0.00% Reduced -3.5m -3,515,000
22 FMR LLC 0.00% of their portfolio BOSTON, MA 2,000,0002.0m $2.0m $2.0m 0.00% Unchanged
23 NOMURA HOLDINGS INC 0.08% of their portfolio TOKYO, M0 1,017,8351.0m $17.0m $17.0m 0.08% Reduced -91.7k -91,746
24 Cutler Capital Management, LLC 0.22% of their portfolio WORCESTER, MA 680,000680.0k $673.4k $673.4k 0.22% Reduced -2.3m -2,330,000
25 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 617,000617.0k $623.0k $623.0k 0.00% Reduced -3.3m -3,256,000
26 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 118,000118.0k $117.0k $117.0k 0.00% New