Vault-13

GUIDEWIRE SOFTWARE INC GWRE 1.25 03.15.25

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

42 institutional holders -7 vs Q4 2023
18,443,79818.4m shares reported held*
$478.0mreported value*
5 new 11 added 13 reduced 12 sold out net bought ≈ $4.4m (-21.6m 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 ≈ $25.91.

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 55Q4 22: 51Q1 23: 46Q2 23: 46Q3 23: 53Q4 23: 49Q1 24: 4242Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202255
Q4 202251
Q1 202346
Q2 202346
Q3 202353
Q4 202349
Q1 202442

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 23Q1 24: 16 bought or addedQ1 24: 25 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221722
Q1 20232024
Q2 20231911
Q3 20231419
Q4 20231920
Q1 20241625

Biggest buyers

MILLENNIUM MANAGEMENT LLC Added +49,802,000+49.8m
LAZARD ASSET MANAGEMENT LLC Added +24,105,000+24.1m
VOYA INVESTMENT MANAGEMENT LLC New +21,200,000+21.2m
III Capital Management Added +13,500,000+13.5m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +3,755,000+3.8m
VICTORY CAPITAL MANAGEMENT INC Added +1,360,000+1.4m
BOOTHBAY FUND MANAGEMENT, LLC Added +757,000+757.0k
ABN AMRO INVESTMENT SOLUTIONS New +600,000+600.0k
STATE STREET CORP Added +600,000+600.0k
JPMORGAN CHASE & CO Added +482,000+482.0k

Biggest sellers

Opti Capital Management, LP Sold out -29,212,000-29.2m
LORD, ABBETT & CO. LLC Reduced -18,810,000-18.8m
BlackRock Inc. Reduced -17,875,000-17.9m
Segantii Capital Management Ltd Sold out -15,468,000-15.5m
Aequim Alternative Investments LP Reduced -7,350,000-7.3m
CITIGROUP INC Sold out -5,048,000-5.0m
BARCLAYS PLC Reduced -3,908,000-3.9m
ROYAL BANK OF CANADA Reduced -3,348,000-3.3m
Calamos Advisors LLC Reduced -3,000,000-3.0m
ADVENT CAPITAL MANAGEMENT /DE/ Sold out -2,808,000-2.8m

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio NEW YORK, NY 73,177,00073.2m $84.4m $84.4m 0.07% Added +49.8m +49,802,000
2 TENOR CAPITAL MANAGEMENT Co., L.P. 1.15% of their portfolio NEW YORK, NY 62,512,00062.5m $72.2m $72.2m 1.15% Added +3.8m +3,755,000
3 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 56,000,00056.0m $64.9m $64.9m 0.02% Unchanged
4 LAZARD ASSET MANAGEMENT LLC 0.07% of their portfolio NEW YORK, NY 51,464,00051.5m $59.6m $59.6m 0.07% Added +24.1m +24,105,000
5 III Capital Management 2.43% of their portfolio BOCA RATON, FL 37,000,00037.0m $42.7m $42.7m 2.43% Added +13.5m +13,500,000
6 Aequim Alternative Investments LP 0.95% of their portfolio MILL VALLEY, CA 22,150,00022.1m $25.7m $25.7m 0.95% Reduced -7.3m -7,350,000
7 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 21,200,00021.2m $24.6m $24.6m 0.02% New
8 LORD, ABBETT & CO. LLC 0.03% of their portfolio JERSEY CITY, NJ 17,714,00017.7m $20.5m $20.5m 0.03% Reduced -18.8m -18,810,000
9 Calamos Advisors LLC 0.10% of their portfolio NAPERVILLE, IL 17,000,00017.0m $19.6m $19.6m 0.10% Reduced -3.0m -3,000,000
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 8,605,0008.6m $9.9m $9.9m 0.00% Added +600.0k +600,000
11 PALISADE CAPITAL MANAGEMENT, LP 0.19% of their portfolio FORT LEE, NJ 6,194,0006.2m $7.1m $7.1m 0.19% Reduced -166.0k -166,000
12 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 6,119,0006.1m $7.1m $7.1m 0.01% Added +1.4m +1,360,000
13 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 5,576,0005.6m $6.4m $6.4m 0.00% Reduced -1.1m -1,068,000
14 FMR LLC 0.00% of their portfolio BOSTON, MA 5,475,0005.5m $6.3m $6.3m 0.00% Unchanged
15 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.73% of their portfolio Miamisburg, OH 5,000,0005.0m $5.8m $5.8m 0.73% Unchanged
16 BlackRock Inc. 0.00% of their portfolio New York, NY 3,649,0003.6m $4.2m $4.2m 0.00% Reduced -17.9m -17,875,000
17 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 2,720,0002.7m $3.1m $3.1m 0.00% Added +50.0k +50,000
18 BOOTHBAY FUND MANAGEMENT, LLC 0.06% of their portfolio NEW YORK, NY 2,004,0002.0m $2.3m $2.3m 0.06% Added +757.0k +757,000
19 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 1,800,0001.8m $1.7m $1.7m 0.00% Reduced -250.0k -250,000
20 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 1,600,0001.6m $1.8m $1.8m 0.00% Reduced -1.1m -1,100,000
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,162,0001.2m $1.3m $1.3m 0.00% Added +482.0k +482,000
22 Kohlberg Kravis Roberts & Co. L.P. 0.02% of their portfolio NEW YORK, NY 610,000610.0k $706.7k $706.7k 0.02% Unchanged
23 ABN AMRO INVESTMENT SOLUTIONS 0.01% of their portfolio PARIS CEDEX 008, I0 600,000600.0k $695.1k $695.1k 0.01% New
24 KORNITZER CAPITAL MANAGEMENT INC /KS 0.01% of their portfolio SHAWNEE MISSION, KS 500,000500.0k $576.8k $576.8k 0.01% Unchanged
25 Liberty Mutual Group Asset Management Inc. 0.11% of their portfolio Boston, MA 325,000325.0k $374.9k $374.9k 0.11% Unchanged
26 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $230.5k $230.5k 0.00% Unchanged
27 Sonora Investment Management Group, LLC 0.01% of their portfolio TUCSON, AZ 155,000155.0k $178.0k $178.0k 0.01% Reduced -5.0k -5,000
28 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 154,500154.5k $178.1k $178.1k 0.00% Reduced -1.0k -1,000
29 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 123,000123.0k $142.5k $142.5k 0.00% Added +14.0k +14,000
30 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 82,00082.0k $94.6k $94.6k 0.00% Added +7.0k +7,000
31 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 59,00059.0k $67.7k $67.7k 0.00% Reduced -3.9m -3,908,000
32 LOOMIS SAYLES & CO L P 0.00% of their portfolio BOSTON, MA 19,79819.8k $2.3m $2.3m 0.00% New
33 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 17,00017.0k $19.6k $19.6k 0.00% Unchanged
34 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 16,00016.0k $18.5k $18.5k 0.00% Unchanged
35 Colonial Trust Advisors 0.00% of their portfolio SPARTANBURG, SC 8,0008.0k $9.2k $9.2k 0.00% New
36 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 5,0005.0k $5.7k $5.7k 0.00% Reduced -1.0k -1,000
37 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 4,0004.0k $4.6k $4.6k 0.00% Unchanged
38 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,0004.0k $5.0k $5.0k 0.00% Reduced -3.3m -3,348,000
39 TD PRIVATE CLIENT WEALTH LLC 0.00% of their portfolio NEW YORK, NY 1,0001.0k $1.2k $1.2k 0.00% Unchanged
40 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,0001.0k $1.2k $1.2k 0.00% Unchanged
41 Candriam S.C.A. 0.01% of their portfolio STRASSEN, N4 900900 $1.0m $1.0m 0.01% New
42 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged