Vault-13

GUIDEWIRE SOFTWARE INC GWRE 1.25 03.15.25

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

44 institutional holders +2 vs Q1 2024
44,464,06244.5m shares reported held*
$547.6mreported value*
5 new 7 added 15 reduced 3 sold out net bought ≈ $30.8m (+26.0m 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 ≈ $12.32.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 55Q4 22: 51Q1 23: 46Q2 23: 46Q3 23: 53Q4 23: 49Q1 24: 42Q2 24: 4444Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202255
Q4 202251
Q1 202346
Q2 202346
Q3 202353
Q4 202349
Q1 202442
Q2 202444

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 outQ2 23: 19 bought or addedQ2 23: 11 cut or sold outQ2 23Q3 23: 14 bought or addedQ3 23: 19 cut or sold outQ4 23: 19 bought or addedQ4 23: 20 cut or sold outQ4 23Q1 24: 16 bought or addedQ1 24: 25 cut or sold outQ2 24: 12 bought or addedQ2 24: 18 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221722
Q1 20232024
Q2 20231911
Q3 20231419
Q4 20231920
Q1 20241625
Q2 20241218

Biggest buyers

LORD, ABBETT & CO. LLC Added +26,012,000+26.0m
VOYA INVESTMENT MANAGEMENT LLC Added +7,500,000+7.5m
CITIGROUP INC New +2,568,000+2.6m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +2,000,000+2.0m
MILLENNIUM MANAGEMENT LLC Added +1,973,000+2.0m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC New +300,000+300.0k
Calamos Advisors LLC Added +110,000+110.0k
MORGAN STANLEY New +5,000+5.0k
Stonegate Investment Group, LLC Added +3,000+3.0k
BLAIR WILLIAM & CO/IL New +2,000+2.0k

Biggest sellers

PALISADE CAPITAL MANAGEMENT, LP Reduced -5,698,000-5.7m
III Capital Management Reduced -2,834,000-2.8m
LAZARD ASSET MANAGEMENT LLC Reduced -2,600,000-2.6m
STATE STREET CORP Reduced -1,350,000-1.4m
JPMORGAN CHASE & CO Reduced -946,000-946.0k
BOOTHBAY FUND MANAGEMENT, LLC Reduced -701,000-701.0k
BANK OF AMERICA CORP /DE/ Reduced -387,000-387.0k
Kohlberg Kravis Roberts & Co. L.P. Reduced -380,000-380.0k
WELLINGTON MANAGEMENT GROUP LLP Reduced -275,000-275.0k
FMR LLC Reduced -250,000-250.0k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio NEW YORK, NY 75,150,00075.2m $94.2m $94.2m 0.08% Added +2.0m +1,973,000
2 TENOR CAPITAL MANAGEMENT Co., L.P. 1.27% of their portfolio NEW YORK, NY 64,512,00064.5m $81.2m $81.2m 1.27% Added +2.0m +2,000,000
3 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 56,000,00056.0m $70.3m $70.3m 0.02% Unchanged
4 LAZARD ASSET MANAGEMENT LLC 0.08% of their portfolio NEW YORK, NY 48,864,00048.9m $61.3m $61.3m 0.08% Reduced -2.6m -2,600,000
5 LORD, ABBETT & CO. LLC 0.09% of their portfolio JERSEY CITY, NJ 43,726,00043.7m $54.8m $54.8m 0.09% Added +26.0m +26,012,000
6 III Capital Management 2.37% of their portfolio BOCA RATON, FL 34,166,00034.2m $42.8m $42.8m 2.37% Reduced -2.8m -2,834,000
7 VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio ATLANTA, GA 28,700,00028.7m $36.0m $36.0m 0.04% Added +7.5m +7,500,000
8 Aequim Alternative Investments LP 1.01% of their portfolio MILL VALLEY, CA 22,150,00022.1m $27.8m $27.8m 1.01% Unchanged
9 Calamos Advisors LLC 0.10% of their portfolio NAPERVILLE, IL 17,110,00017.1m $21.4m $21.4m 0.10% Added +110.0k +110,000
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 7,255,0007.3m $9.1m $9.1m 0.00% Reduced -1.4m -1,350,000
11 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 5,903,0005.9m $7.4m $7.4m 0.01% Reduced -216.0k -216,000
12 FMR LLC 0.00% of their portfolio BOSTON, MA 5,225,0005.2m $6.5m $6.5m 0.00% Reduced -250.0k -250,000
13 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 5,189,0005.2m $6.5m $6.5m 0.00% Reduced -387.0k -387,000
14 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.90% of their portfolio Miamisburg, OH 5,000,0005.0m $6.2m $6.2m 0.90% Unchanged
15 BlackRock Inc. 0.00% of their portfolio New York, NY 3,649,0003.6m $4.6m $4.6m 0.00% Unchanged
16 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,568,0002.6m $3.2m $3.2m 0.00% New
17 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 2,445,0002.4m $3.1m $3.1m 0.00% Reduced -275.0k -275,000
18 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 1,600,0001.6m $2.0m $2.0m 0.00% Unchanged
19 BOOTHBAY FUND MANAGEMENT, LLC 0.05% of their portfolio NEW YORK, NY 1,303,0001.3m $1.6m $1.6m 0.05% Reduced -701.0k -701,000
20 KORNITZER CAPITAL MANAGEMENT INC /KS 0.01% of their portfolio SHAWNEE MISSION, KS 500,000500.0k $625.0k $625.0k 0.01% Unchanged
21 PALISADE CAPITAL MANAGEMENT, LP 0.02% of their portfolio FORT LEE, NJ 496,000496.0k $622.2k $622.2k 0.02% Reduced -5.7m -5,698,000
22 ABN AMRO INVESTMENT SOLUTIONS 0.01% of their portfolio PARIS CEDEX 008, I0 450,000450.0k $564.8k $564.8k 0.01% Reduced -150.0k -150,000
23 Liberty Mutual Group Asset Management Inc. 0.06% of their portfolio Boston, MA 325,000325.0k $406.2k $406.2k 0.06% Unchanged
24 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 300,000300.0k $375.0k $375.0k 0.00% New
25 Kohlberg Kravis Roberts & Co. L.P. 0.01% of their portfolio NEW YORK, NY 230,000230.0k $288.6k $288.6k 0.01% Reduced -380.0k -380,000
26 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 216,000216.0k $270.6k $270.6k 0.00% Reduced -946.0k -946,000
27 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $250.6k $250.6k 0.00% Unchanged
28 Sonora Investment Management Group, LLC 0.01% of their portfolio TUCSON, AZ 155,000155.0k $178.0k $178.0k 0.01% Unchanged
29 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 153,500153.5k $192.3k $192.3k 0.00% Reduced -1.0k -1,000
30 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 123,000123.0k $154.4k $154.4k 0.00% Unchanged
31 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 69,00069.0k $86.2k $86.2k 0.00% Reduced -13.0k -13,000
32 LOOMIS SAYLES & CO L P 0.00% of their portfolio BOSTON, MA 20,06220.1k $2.8m $2.8m 0.00% Added +264 +264
33 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 19,00019.0k $23.8k $23.8k 0.00% Added +3.0k +3,000
34 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 17,00017.0k $21.2k $21.2k 0.00% Unchanged
35 Ascentis Independent Advisors 0.00% of their portfolio DALLAS, TX 10,00010.0k $12.5k $12.5k 0.00% First filing
36 Colonial Trust Advisors 0.00% of their portfolio SPARTANBURG, SC 8,0008.0k $10.0k $10.0k 0.00% Unchanged
37 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,0005.0k $6.2k $6.2k 0.00% New
38 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 4,0004.0k $5.0k $5.0k 0.00% Unchanged
39 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,0004.0k $5.0k $5.0k 0.00% Unchanged
40 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 2,0002.0k $2.5k $2.5k 0.00% New
41 Asset Dedication, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,0001.0k $1.3k $1.3k 0.00% New
42 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,0001.0k $1.2k $1.2k 0.00% Unchanged
43 Candriam S.C.A. 0.00% of their portfolio STRASSEN, N4 550550 $691.1k $691.1k 0.00% Reduced -350 -350
44 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged