Vault-13

GUIDEWIRE SOFTWARE INC GWRE 1.25 03.15.25

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

49 institutional holders -4 vs Q3 2023
40,041,00040.0m shares reported held*
$451.1mreported value*
4 new 15 added 12 reduced 8 sold out net bought ≈ $6.5m (+24.0m 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 ≈ $11.27.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 55Q4 22: 51Q1 23: 46Q2 23: 46Q3 23: 53Q4 23: 4949Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202255
Q4 202251
Q1 202346
Q2 202346
Q3 202353
Q4 202349

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 23Q4 23: 19 bought or addedQ4 23: 20 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221722
Q1 20232024
Q2 20231911
Q3 20231419
Q4 20231920

Biggest buyers

LORD, ABBETT & CO. LLC Added +31,158,000+31.2m
LAZARD ASSET MANAGEMENT LLC Added +7,359,000+7.4m
Opti Capital Management, LP Added +5,062,000+5.1m
MILLENNIUM MANAGEMENT LLC Added +3,000,000+3.0m
Segantii Capital Management Ltd Added +2,968,000+3.0m
CITIGROUP INC Added +2,596,000+2.6m
BARCLAYS PLC Added +2,470,000+2.5m
BANK OF AMERICA CORP /DE/ Added +1,436,000+1.4m
WELLINGTON MANAGEMENT GROUP LLP Added +1,150,000+1.1m
III Capital Management Added +1,000,000+1.0m

Biggest sellers

TENOR CAPITAL MANAGEMENT Co., L.P. Reduced -11,172,000-11.2m
WELLS FARGO & COMPANY/MN Reduced -7,613,000-7.6m
BlackRock Inc. Reduced -7,330,000-7.3m
Fort Baker Capital Management LP Reduced -6,815,000-6.8m
STEELHEAD PARTNERS LLC Sold out -6,000,000-6.0m
LORD, ABBETT & CO. LLC Sold out -5,366,000-5.4m
Aequim Alternative Investments LP Reduced -3,000,000-3.0m
VICTORY CAPITAL MANAGEMENT INC Reduced -1,749,000-1.7m
GOLDMAN SACHS GROUP INC Sold out -917,000-917.0k
JPMORGAN CHASE & CO Reduced -838,000-838.0k

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 1.16% of their portfolio NEW YORK, NY 58,757,00058.8m $65.1m $65.1m 1.16% Reduced -11.2m -11,172,000
2 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 56,000,00056.0m $61.7m $61.7m 0.03% Unchanged
3 LORD, ABBETT & CO. LLC 0.07% of their portfolio JERSEY CITY, NJ 36,524,00036.5m $40.2m $40.2m 0.07% Added +31.2m +31,158,000
4 Aequim Alternative Investments LP 1.29% of their portfolio MILL VALLEY, CA 29,500,00029.5m $32.5m $32.5m 1.29% Reduced -3.0m -3,000,000
5 Opti Capital Management, LP 2.44% of their portfolio New York, NY 29,212,00029.2m $32.3m $32.3m 2.44% Added +5.1m +5,062,000
6 LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 27,359,00027.4m $30.1m $30.1m 0.04% Added +7.4m +7,359,000
7 III Capital Management 1.50% of their portfolio BOCA RATON, FL 23,500,00023.5m $26.0m $26.0m 1.50% Added +1.0m +1,000,000
8 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 23,375,00023.4m $25.7m $25.7m 0.02% Added +3.0m +3,000,000
9 BlackRock Inc. 0.00% of their portfolio New York, NY 21,524,00021.5m $23.6m $23.6m 0.00% Reduced -7.3m -7,330,000
10 Calamos Advisors LLC 0.11% of their portfolio NAPERVILLE, IL 20,000,00020.0m $22.2m $22.2m 0.11% Unchanged
11 Segantii Capital Management Ltd 1.04% of their portfolio HONG KONG, K3 15,468,00015.5m $17.2m $17.2m 1.04% Added +3.0m +2,968,000
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 8,005,0008.0m $8.9m $8.9m 0.00% Reduced -500.0k -500,000
13 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 6,644,0006.6m $7.3m $7.3m 0.00% Added +1.4m +1,436,000
14 PALISADE CAPITAL MANAGEMENT, LP 0.19% of their portfolio FORT LEE, NJ 6,360,0006.4m $7.0m $7.0m 0.19% Unchanged
15 FMR LLC 0.00% of their portfolio BOSTON, MA 5,475,0005.5m $6.0m $6.0m 0.00% Unchanged
16 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 5,048,0005.0m $5.5m $5.5m 0.01% Added +2.6m +2,596,000
17 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.73% of their portfolio Miamisburg, OH 5,000,0005.0m $5.5m $5.5m 0.73% Unchanged
18 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 4,759,0004.8m $5.2m $5.2m 0.01% Reduced -1.7m -1,749,000
19 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 3,967,0004.0m $4.4m $4.4m 0.00% Added +2.5m +2,470,000
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 3,352,0003.4m $3.7m $3.7m 0.00% Unchanged
21 ADVENT CAPITAL MANAGEMENT /DE/ 0.07% of their portfolio NEW YORK, NY 2,808,0002.8m $3.1m $3.1m 0.07% Reduced -392.0k -392,000
22 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 2,700,0002.7m $3.0m $3.0m 0.00% Unchanged
23 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 2,670,0002.7m $2.9m $2.9m 0.00% Added +1.1m +1,150,000
24 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 2,050,0002.0m $2.0m $2.0m 0.00% Unchanged
25 Ewing Morris & Co. Investment Partners Ltd. 1.26% of their portfolio TORONTO, Z4 1,600,0001.6m $1.8m $1.8m 1.26% Reduced -400.0k -400,000
26 BOOTHBAY FUND MANAGEMENT, LLC 0.05% of their portfolio NEW YORK, NY 1,247,0001.2m $1.4m $1.4m 0.05% Added +53.0k +53,000
27 Fort Baker Capital Management LP 0.16% of their portfolio Larkspur, CA 1,162,0001.2m $1.3m $1.3m 0.16% Reduced -6.8m -6,815,000
28 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 680,000680.0k $750.8k $750.8k 0.00% Reduced -838.0k -838,000
29 Kohlberg Kravis Roberts & Co. L.P. 0.02% of their portfolio NEW YORK, NY 610,000610.0k $671.9k $671.9k 0.02% Unchanged
30 KORNITZER CAPITAL MANAGEMENT INC /KS 0.01% of their portfolio SHAWNEE MISSION, KS 500,000500.0k $548.2k $548.2k 0.01% Unchanged
31 Liberty Mutual Group Asset Management Inc. 0.10% of their portfolio Boston, MA 325,000325.0k $356.4k $356.4k 0.10% Unchanged
32 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $220.8k $220.8k 0.00% Unchanged
33 Cutler Capital Management, LLC 0.07% of their portfolio WORCESTER, MA 165,000165.0k $180.9k $180.9k 0.07% Reduced -35.0k -35,000
34 Sonora Investment Management Group, LLC 0.01% of their portfolio TUCSON, AZ 160,000160.0k $177.3k $177.3k 0.01% Added +15.0k +15,000
35 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 155,500155.5k $171.7k $171.7k 0.00% Reduced -7.6m -7,613,000
36 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 109,000109.0k $120.1k $120.1k 0.00% Added +36.0k +36,000
37 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 75,00075.0k $82.2k $82.2k 0.00% New
38 EXCALIBUR MANAGEMENT CORP 0.02% of their portfolio WALTHAM, MA 35,00035.0k $38.8k $38.8k 0.02% New
39 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 34,00034.0k $37.4k $37.4k 0.00% Added +17.0k +17,000
40 SG Americas Securities, LLC 0.02% of their portfolio NEW YORK, NY 18,92018.9k $2.1m $2.1m 0.02% Reduced -21.1k -21,080
41 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 17,00017.0k $18.6k $18.6k 0.00% Unchanged
42 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 16,00016.0k $17.5k $17.5k 0.00% New
43 UBS Group AG 0.00% of their portfolio ZURICH, V8 15,00015.0k $16.4k $16.4k 0.00% Unchanged
44 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 12,00012.0k $13.2k $13.2k 0.00% New
45 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 6,0006.0k $6.6k $6.6k 0.00% Added +5.0k +5,000
46 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 4,0004.0k $4.4k $4.4k 0.00% Unchanged
47 TD PRIVATE CLIENT WEALTH LLC 0.00% of their portfolio NEW YORK, NY 1,0001.0k $1.1k $1.1k 0.00% Unchanged
48 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,0001.0k $1.1k $1.1k 0.00% Unchanged
49 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged