Vault-13

GUIDEWIRE SOFTWARE INC GWRE 1.25 03.15.25

NOTE 1.250% 3/1 · US DOMESTIC · CUSIP 40171VAA8

46 institutional holders -5 vs Q4 2022
47,060,37547.1m shares reported held*
$401.4mreported value*
8 new 12 added 11 reduced 13 sold out net bought ≈ $915.5k (-16.2m 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. Holder counts are more reliable. Implied quarter-end price ≈ $8.53.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 55Q4 22: 51Q1 23: 4646Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202255
Q4 202251
Q1 202346

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 17 bought or addedQ4 22: 22 cut or sold outQ4 22Q1 23: 20 bought or addedQ1 23: 24 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221722
Q1 20232024

Biggest buyers

Aequim Alternative Investments LP New +51,000,000+51.0m
Fort Baker Capital Management LP New +31,575,000+31.6m
BlackRock Inc. Added +14,645,000+14.6m
WELLS FARGO & COMPANY/MN Added +6,772,000+6.8m
FMR LLC Added +5,475,000+5.5m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +4,500,000+4.5m
LAZARD ASSET MANAGEMENT LLC Added +4,000,000+4.0m
BNP PARIBAS FINANCIAL MARKETS Added +3,777,000+3.8m
JANE STREET GROUP, LLC Added +2,700,000+2.7m
MACQUARIE GROUP LTD New +2,300,000+2.3m

Biggest sellers

Aequim Alternative Investments LP Sold out -51,000,000-51.0m
Man Group plc Sold out -20,328,000-20.3m
STEELHEAD PARTNERS LLC Reduced -18,626,000-18.6m
Point72 Asset Management, L.P. Sold out -10,500,000-10.5m
CREDIT SUISSE AG/ Reduced -5,100,000-5.1m
BANK OF MONTREAL /CAN/ Sold out -5,100,000-5.1m
CAPSTONE INVESTMENT ADVISORS, LLC Sold out -5,000,000-5.0m
DLD Asset Management, LP Sold out -4,000,000-4.0m
BANK OF AMERICA CORP /DE/ Reduced -2,565,000-2.6m
WOLVERINE ASSET MANAGEMENT LLC Sold out -2,000,000-2.0m

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 56,000,00056.0m $54.9m $54.9m 0.03% Unchanged
2 Aequim Alternative Investments LP 1.59% of their portfolio MILL VALLEY, CA 51,000,00051.0m $50.0m $50.0m 1.59% New
3 TENOR CAPITAL MANAGEMENT Co., L.P. 0.83% of their portfolio NEW YORK, NY 42,500,00042.5m $41.9m $41.9m 0.83% Added +4.5m +4,500,000
4 Fort Baker Capital Management LP 6.76% of their portfolio Larkspur, CA 31,575,00031.6m $31.3m $31.3m 6.76% New
5 BlackRock Inc. 0.00% of their portfolio New York, NY 30,984,00031.0m $30.2m $30.2m 0.00% Added +14.6m +14,645,000
6 STEELHEAD PARTNERS LLC 1.83% of their portfolio SEATTLE, WA 28,500,00028.5m $28.0m $28.0m 1.83% Reduced -18.6m -18,626,000
7 Calamos Advisors LLC 0.10% of their portfolio NAPERVILLE, IL 20,000,00020.0m $19.7m $19.7m 0.10% Unchanged
8 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 19,000,00019.0m $18.6m $18.6m 0.02% Added +4.0m +4,000,000
9 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 17,966,50018.0m $17.6m $17.6m 0.01% Added +6.8m +6,772,000
10 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 12,409,00012.4m $12.1m $12.1m 0.03% Added +3.8m +3,777,000
11 FMR LLC 0.00% of their portfolio BOSTON, MA 10,950,00010.9m $10.7m $10.7m 0.00% Added +5.5m +5,475,000
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 8,205,0008.2m $8.1m $8.1m 0.00% Reduced -1.4m -1,450,000
13 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 7,619,0007.6m $7.5m $7.5m 0.01% Reduced -195.0k -195,000
14 PALISADE CAPITAL MANAGEMENT, LP 0.18% of their portfolio FORT LEE, NJ 6,823,0006.8m $6.7m $6.7m 0.18% Reduced -271.0k -271,000
15 ABSOLUTE INVESTMENT ADVISERS, LLC 0.94% of their portfolio ROSEMARY BEACH, FL 6,500,0006.5m $6.4m $6.4m 0.94% Added +1.0m +1,000,000
16 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 5,082,0005.1m $5.0m $5.0m 0.00% Added +409.0k +409,000
17 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 5,040,0005.0m $4.9m $4.9m 0.01% Reduced -235.0k -235,000
18 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.71% of their portfolio Miamisburg, OH 5,000,0005.0m $4.9m $4.9m 0.71% Unchanged
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,757,0004.8m $4.7m $4.7m 0.00% Reduced -1.1m -1,146,000
20 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 3,300,0003.3m $3.2m $3.2m 0.01% Reduced -1.5m -1,500,000
21 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 3,000,0003.0m $3.0m $3.0m 0.01% Added +2.7m +2,700,000
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,518,0002.5m $2.5m $2.5m 0.00% Reduced -2.6m -2,565,000
23 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 2,350,0002.4m $2.2m $2.2m 0.00% Reduced -5.1m -5,100,000
24 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 2,300,0002.3m $2.3m $2.3m 0.00% New
25 Ewing Morris & Co. Investment Partners Ltd. 1.55% of their portfolio TORONTO, Z4 2,000,0002.0m $2.0m $2.0m 1.55% New
26 READYSTATE ASSET MANAGEMENT LP 0.24% of their portfolio CHICAGO, IL 2,000,0002.0m $2.0m $2.0m 0.24% Unchanged
27 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,917,0001.9m $1.9m $1.9m 0.00% Added +1.9m +1,907,000
28 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,620,0001.6m $1.6m $1.6m 0.00% Unchanged
29 Kohlberg Kravis Roberts & Co. L.P. 0.02% of their portfolio NEW YORK, NY 725,000725.0k $710.1k $710.1k 0.02% New
30 KORNITZER CAPITAL MANAGEMENT INC /KS 0.01% of their portfolio SHAWNEE MISSION, KS 500,000500.0k $487.2k $487.2k 0.01% Unchanged
31 Amundi 0.00% of their portfolio Paris, I0 398,000398.0k $385.9k $385.9k 0.00% Reduced -2.0k -2,000
32 Liberty Mutual Group Asset Management Inc. 0.07% of their portfolio Boston, MA 325,000325.0k $316.7k $316.7k 0.07% Unchanged
33 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $196.3k $196.3k 0.00% Unchanged
34 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 176,000176.0k $171.5k $171.5k 0.00% New
35 Cutler Capital Management, LLC 0.07% of their portfolio WORCESTER, MA 170,000170.0k $165.7k $165.7k 0.07% Unchanged
36 Sonora Investment Management Group, LLC 0.01% of their portfolio TUCSON, AZ 145,000145.0k $143.3k $143.3k 0.01% Reduced -15.0k -15,000
37 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 111,000111.0k $108.2k $108.2k 0.00% Unchanged
38 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 73,00073.0k $71.5k $71.5k 0.00% New
39 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 15,37515.4k $15.1m $15.1m 0.02% Added +4.9k +4,875
40 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 15,00015.0k $14.6k $14.6k 0.00% Unchanged
41 UBS Group AG 0.00% of their portfolio ZURICH, V8 15,00015.0k $14.6k $14.6k 0.00% New
42 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 13,00013.0k $12.7k $12.7k 0.00% Added +9.0k +9,000
43 GRIMES & Co WEALTH MANAGEMENT, LLC 0.00% of their portfolio WESTBOROUGH, MA 10,00010.0k $9.7k $9.7k 0.00% Unchanged
44 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 4,0004.0k $3.9k $3.9k 0.00% Unchanged
45 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,0001.0k $975 $975 0.00% Unchanged
46 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged