Vault-13

GUIDEWIRE SOFTWARE INC GWRE 1.25 03.15.25

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

46 institutional holders +0 vs Q1 2023
55,410,00055.4m shares reported held*
$407.5mreported value*
3 new 16 added 8 reduced 3 sold out net bought ≈ $26.0m (+8.4m 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 ($963 this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $7.35.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 55Q4 22: 51Q1 23: 46Q2 23: 4646Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202255
Q4 202251
Q1 202346
Q2 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 23Q2 23: 19 bought or addedQ2 23: 11 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221722
Q1 20232024
Q2 20231911

Biggest buyers

MILLENNIUM MANAGEMENT LLC New +22,875,000+22.9m
TORONTO DOMINION BANK Added +7,300,000+7.3m
JPMORGAN CHASE & CO Added +4,809,000+4.8m
Fort Baker Capital Management LP Added +3,565,000+3.6m
PALISADE CAPITAL MANAGEMENT, LP Added +2,762,000+2.8m
BANK OF AMERICA CORP /DE/ Added +2,553,000+2.6m
STATE STREET CORP Added +2,000,000+2.0m
VICTORY CAPITAL MANAGEMENT INC Added +1,740,000+1.7m
BNP PARIBAS FINANCIAL MARKETS Added +1,200,000+1.2m
LAZARD ASSET MANAGEMENT LLC Added +1,000,000+1.0m

Biggest sellers

STEELHEAD PARTNERS LLC Reduced -7,800,000-7.8m
FMR LLC Reduced -5,475,000-5.5m
WELLS FARGO & COMPANY/MN Reduced -3,699,000-3.7m
JANE STREET GROUP, LLC Sold out -3,000,000-3.0m
BARCLAYS PLC Reduced -1,999,000-2.0m
GOLDMAN SACHS GROUP INC Reduced -1,000,000-1.0m
Amundi Sold out -398,000-398.0k
CREDIT SUISSE AG/ Reduced -300,000-300.0k
WELLINGTON MANAGEMENT GROUP LLP Reduced -100,000-100.0k
BlackRock Inc. Reduced -100,000-100.0k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 56,001,00056.0m $54.2m $54.2m 0.03% Added +1.0k +1,000
2 Aequim Alternative Investments LP 1.86% of their portfolio MILL VALLEY, CA 51,000,00051.0m $49.4m $49.4m 1.86% Unchanged
3 TENOR CAPITAL MANAGEMENT Co., L.P. 0.86% of their portfolio NEW YORK, NY 42,500,00042.5m $41.3m $41.3m 0.86% Unchanged
4 Fort Baker Capital Management LP 4.89% of their portfolio Larkspur, CA 35,140,00035.1m $34.6m $34.6m 4.89% Added +3.6m +3,565,000
5 BlackRock Inc. 0.00% of their portfolio New York, NY 30,884,00030.9m $29.7m $29.7m 0.00% Reduced -100.0k -100,000
6 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 22,875,00022.9m $22.2m $22.2m 0.02% New
7 STEELHEAD PARTNERS LLC 1.27% of their portfolio SEATTLE, WA 20,700,00020.7m $20.1m $20.1m 1.27% Reduced -7.8m -7,800,000
8 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 20,000,00020.0m $19.4m $19.4m 0.02% Added +1.0m +1,000,000
9 Calamos Advisors LLC 0.10% of their portfolio NAPERVILLE, IL 20,000,00020.0m $19.4m $19.4m 0.10% Unchanged
10 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 14,267,50014.3m $13.8m $13.8m 0.00% Reduced -3.7m -3,699,000
11 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 13,609,00013.6m $13.1m $13.1m 0.03% Added +1.2m +1,200,000
12 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 10,600,00010.6m $10.2m $10.2m 0.01% Added +7.3m +7,300,000
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 10,205,00010.2m $9.9m $9.9m 0.00% Added +2.0m +2,000,000
14 PALISADE CAPITAL MANAGEMENT, LP 0.25% of their portfolio FORT LEE, NJ 9,585,0009.6m $9.3m $9.3m 0.25% Added +2.8m +2,762,000
15 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 9,566,0009.6m $9.3m $9.3m 0.00% Added +4.8m +4,809,000
16 ABSOLUTE INVESTMENT ADVISERS, LLC 0.95% of their portfolio ROSEMARY BEACH, FL 7,000,0007.0m $6.8m $6.8m 0.95% Added +500.0k +500,000
17 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 6,780,0006.8m $6.5m $6.5m 0.01% Added +1.7m +1,740,000
18 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 5,620,0005.6m $5.4m $5.4m 0.00% Reduced -2.0m -1,999,000
19 FMR LLC 0.00% of their portfolio BOSTON, MA 5,475,0005.5m $5.3m $5.3m 0.00% Reduced -5.5m -5,475,000
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 5,082,0005.1m $4.9m $4.9m 0.00% Unchanged
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 5,071,0005.1m $4.9m $4.9m 0.00% Added +2.6m +2,553,000
22 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.66% of their portfolio Miamisburg, OH 5,000,0005.0m $4.8m $4.8m 0.66% Unchanged
23 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 2,700,0002.7m $2.6m $2.6m 0.00% Added +400.0k +400,000
24 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 2,050,0002.0m $2.0m $2.0m 0.00% Reduced -300.0k -300,000
25 Ewing Morris & Co. Investment Partners Ltd. 1.50% of their portfolio TORONTO, Z4 2,000,0002.0m $1.9m $1.9m 1.50% Unchanged
26 READYSTATE ASSET MANAGEMENT LP 0.19% of their portfolio CHICAGO, IL 2,000,0002.0m $1.9m $1.9m 0.19% Unchanged
27 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,520,0001.5m $1.5m $1.5m 0.00% Reduced -100.0k -100,000
28 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 917,000917.0k $883.1k $883.1k 0.00% Reduced -1.0m -1,000,000
29 Kohlberg Kravis Roberts & Co. L.P. 0.02% of their portfolio NEW YORK, NY 725,000725.0k $701.8k $701.8k 0.02% Unchanged
30 KORNITZER CAPITAL MANAGEMENT INC /KS 0.01% of their portfolio SHAWNEE MISSION, KS 500,000500.0k $481.5k $481.5k 0.01% Unchanged
31 Liberty Mutual Group Asset Management Inc. 0.08% of their portfolio Boston, MA 325,000325.0k $313.0k $313.0k 0.08% Unchanged
32 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 206,000206.0k $198.4k $198.4k 0.00% Added +30.0k +30,000
33 Cutler Capital Management, LLC 0.09% of their portfolio WORCESTER, MA 200,000200.0k $192.6k $192.6k 0.09% Added +30.0k +30,000
34 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $193.6k $193.6k 0.00% Unchanged
35 Sonora Investment Management Group, LLC 0.01% of their portfolio TUCSON, AZ 145,000145.0k $142.1k $142.1k 0.01% Unchanged
36 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 111,000111.0k $106.9k $106.9k 0.00% Unchanged
37 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 73,00073.0k $70.7k $70.7k 0.00% Unchanged
38 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 18,00018.0k $17.4k $17.4k 0.00% Added +5.0k +5,000
39 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 17,66617.7k $17.0k $17.0k 0.00% New
40 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 17,00017.0k $16.4k $16.4k 0.00% Added +2.0k +2,000
41 UBS Group AG 0.00% of their portfolio ZURICH, V8 15,00015.0k $14.4k $14.4k 0.00% Unchanged
42 GRIMES & Co WEALTH MANAGEMENT, LLC 0.00% of their portfolio WESTBOROUGH, MA 10,00010.0k $9.6k $9.6k 0.00% Unchanged
43 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 4,0004.0k $3.9k $3.9k 0.00% Unchanged
44 TD PRIVATE CLIENT WEALTH LLC 0.00% of their portfolio NEW YORK, NY 1,0001.0k $963 $963 0.00% New
45 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,0001.0k $963 $963 0.00% Unchanged
46 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged