Vault-13

GUIDEWIRE SOFTWARE INC GWRE 1.25 03.15.25

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

53 institutional holders +7 vs Q2 2023
16,018,00016.0m shares reported held*
$391.2mreported value*
11 new 3 added 15 reduced 4 sold out net sold ≈ $44.3m (-39.4m 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. Holder counts are more reliable. Implied quarter-end price ≈ $24.43.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 55Q4 22: 51Q1 23: 46Q2 23: 46Q3 23: 5353Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202255
Q4 202251
Q1 202346
Q2 202346
Q3 202353

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 23Q3 23: 14 bought or addedQ3 23: 19 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221722
Q1 20232024
Q2 20231911
Q3 20231419

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. Added +27,429,000+27.4m
Opti Capital Management, LP New +24,150,000+24.1m
III Capital Management New +22,500,000+22.5m
Segantii Capital Management Ltd New +12,500,000+12.5m
LORD, ABBETT & CO. LLC New +5,366,000+5.4m
LORD, ABBETT & CO. LLC New +5,366,000+5.4m
ADVENT CAPITAL MANAGEMENT /DE/ New +3,200,000+3.2m
CITIGROUP INC Added +2,246,000+2.2m
BOOTHBAY FUND MANAGEMENT, LLC New +1,194,000+1.2m
Jefferies Financial Group Inc. New +300,000+300.0k

Biggest sellers

Fort Baker Capital Management LP Reduced -27,163,000-27.2m
Aequim Alternative Investments LP Reduced -18,500,000-18.5m
STEELHEAD PARTNERS LLC Reduced -14,700,000-14.7m
BNP PARIBAS FINANCIAL MARKETS Sold out -13,609,000-13.6m
TORONTO DOMINION BANK Sold out -10,600,000-10.6m
JPMORGAN CHASE & CO Reduced -8,048,000-8.0m
ABSOLUTE INVESTMENT ADVISERS, LLC Sold out -7,000,000-7.0m
WELLS FARGO & COMPANY/MN Reduced -6,499,000-6.5m
BARCLAYS PLC Reduced -4,123,000-4.1m
PALISADE CAPITAL MANAGEMENT, LP Reduced -3,225,000-3.2m

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 1.53% of their portfolio NEW YORK, NY 69,929,00069.9m $71.4m $71.4m 1.53% Added +27.4m +27,429,000
2 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 56,000,00056.0m $57.0m $57.0m 0.03% Reduced -1.0k -1,000
3 Aequim Alternative Investments LP 1.25% of their portfolio MILL VALLEY, CA 32,500,00032.5m $33.1m $33.1m 1.25% Reduced -18.5m -18,500,000
4 BlackRock Inc. 0.00% of their portfolio New York, NY 28,854,00028.9m $29.2m $29.2m 0.00% Reduced -2.0m -2,030,000
5 Opti Capital Management, LP 1.78% of their portfolio New York, NY 24,150,00024.1m $24.7k $24.7k 1.78% New
6 III Capital Management 1.38% of their portfolio BOCA RATON, FL 22,500,00022.5m $23.0m $23.0m 1.38% New
7 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 20,375,00020.4m $20.8m $20.8m 0.02% Reduced -2.5m -2,500,000
8 LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 20,000,00020.0m $20.4m $20.4m 0.03% Unchanged
9 Calamos Advisors LLC 0.11% of their portfolio NAPERVILLE, IL 20,000,00020.0m $20.4m $20.4m 0.11% Unchanged
10 Segantii Capital Management Ltd 0.48% of their portfolio HONG KONG, K3 12,500,00012.5m $12.8m $12.8m 0.48% New
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 8,505,0008.5m $8.7m $8.7m 0.00% Reduced -1.7m -1,700,000
12 Fort Baker Capital Management LP 0.80% of their portfolio Larkspur, CA 7,977,0008.0m $8.2m $8.2m 0.80% Reduced -27.2m -27,163,000
13 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 7,768,5007.8m $7.9m $7.9m 0.00% Reduced -6.5m -6,499,000
14 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 6,508,0006.5m $6.6m $6.6m 0.01% Reduced -272.0k -272,000
15 PALISADE CAPITAL MANAGEMENT, LP 0.18% of their portfolio FORT LEE, NJ 6,360,0006.4m $6.5m $6.5m 0.18% Reduced -3.2m -3,225,000
16 STEELHEAD PARTNERS LLC 0.36% of their portfolio SEATTLE, WA 6,000,0006.0m $6.1m $6.1m 0.36% Reduced -14.7m -14,700,000
17 FMR LLC 0.00% of their portfolio BOSTON, MA 5,475,0005.5m $5.5m $5.5m 0.00% Unchanged
18 LORD, ABBETT & CO. LLC 0.01% of their portfolio JERSEY CITY, NJ 5,366,0005.4m $5.5m $5.5m 0.01% New
19 LORD, ABBETT & CO. LLC 0.01% of their portfolio JERSEY CITY, NJ 5,366,0005.4m $5.5m $5.5m 0.01% New
20 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 5,208,0005.2m $5.3m $5.3m 0.00% Added +137.0k +137,000
21 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.74% of their portfolio Miamisburg, OH 5,000,0005.0m $5.1m $5.1m 0.74% Unchanged
22 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 3,352,0003.4m $3.4m $3.4m 0.00% Reduced -1.7m -1,730,000
23 ADVENT CAPITAL MANAGEMENT /DE/ 0.08% of their portfolio NEW YORK, NY 3,200,0003.2m $3.3m $3.3m 0.08% New
24 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 2,700,0002.7m $2.8m $2.8m 0.00% Unchanged
25 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,452,0002.5m $2.5m $2.5m 0.00% Added +2.2m +2,246,000
26 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 2,050,0002.0m $2.0m $2.0m 0.00% Unchanged
27 Ewing Morris & Co. Investment Partners Ltd. 1.65% of their portfolio TORONTO, Z4 2,000,0002.0m $2.0m $2.0m 1.65% Unchanged
28 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,520,0001.5m $1.5m $1.5m 0.00% Unchanged
29 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,518,0001.5m $1.5m $1.5m 0.00% Reduced -8.0m -8,048,000
30 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,497,0001.5m $1.5m $1.5m 0.00% Reduced -4.1m -4,123,000
31 BOOTHBAY FUND MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 1,194,0001.2m $1.2m $1.2m 0.04% New
32 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 917,000917.0k $928.9k $928.9k 0.00% Unchanged
33 Kohlberg Kravis Roberts & Co. L.P. 0.02% of their portfolio NEW YORK, NY 610,000610.0k $621.0k $621.0k 0.02% Reduced -115.0k -115,000
34 KORNITZER CAPITAL MANAGEMENT INC /KS 0.01% of their portfolio SHAWNEE MISSION, KS 500,000500.0k $506.5k $506.5k 0.01% Unchanged
35 Liberty Mutual Group Asset Management Inc. 0.09% of their portfolio Boston, MA 325,000325.0k $329.2k $329.2k 0.09% Unchanged
36 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 300,000300.0k $305.8k $305.8k 0.01% New
37 Cutler Capital Management, LLC 0.09% of their portfolio WORCESTER, MA 200,000200.0k $202.6k $202.6k 0.09% Unchanged
38 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $203.6k $203.6k 0.00% Unchanged
39 Sonora Investment Management Group, LLC 0.01% of their portfolio TUCSON, AZ 145,000145.0k $148.7k $148.7k 0.01% Unchanged
40 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 111,000111.0k $112.4k $112.4k 0.00% Unchanged
41 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 73,00073.0k $74.3k $74.3k 0.00% Unchanged
42 SG Americas Securities, LLC 0.06% of their portfolio NEW YORK, NY 40,00040.0k $4.1m $4.1m 0.06% New
43 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 17,66617.7k $17.0k $17.0k 0.00% Unchanged
44 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 17,00017.0k $17.2k $17.2k 0.00% Reduced -1.0k -1,000
45 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 17,00017.0k $17.2k $17.2k 0.00% Unchanged
46 UBS Group AG 0.00% of their portfolio ZURICH, V8 15,00015.0k $15.2k $15.2k 0.00% Unchanged
47 GRIMES & Co WEALTH MANAGEMENT, LLC 0.00% of their portfolio WESTBOROUGH, MA 10,00010.0k $10.2k $10.2k 0.00% Unchanged
48 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 4,0004.0k $4.1k $4.1k 0.00% Unchanged
49 Alpine Global Management, LLC 0.37% of their portfolio NEW YORK, NY 3,0003.0k $3.0m $3.0m 0.37% New
50 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,0001.0k $1.0k $1.0k 0.00% New
51 TD PRIVATE CLIENT WEALTH LLC 0.00% of their portfolio NEW YORK, NY 1,0001.0k $1.0k $1.0k 0.00% Unchanged
52 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,0001.0k $1.0k $1.0k 0.00% Unchanged
53 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged