Vault-13

GUIDEWIRE SOFTWARE INC GWRE 1.25 03.15.25

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

37 institutional holders -9 vs Q3 2024
253,271253.3k shares reported held*
$262.9mreported value*
6 new 5 added 13 reduced 14 sold out net sold ≈ $316.7m (-30.5m 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 ≈ $1037.95.

Trends to Q4 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: 44Q3 24: 46Q4 24: 3737Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 202255
Q4 202251
Q1 202346
Q2 202346
Q3 202353
Q4 202349
Q1 202442
Q2 202444
Q3 202446
Q4 202437

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q1 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 24Q3 24: 17 bought or addedQ3 24: 26 cut or sold outQ4 24: 11 bought or addedQ4 24: 27 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 20232024
Q2 20231911
Q3 20231419
Q4 20231920
Q1 20241625
Q2 20241218
Q3 20241726
Q4 20241127

Biggest buyers

LORD, ABBETT & CO. LLC New +17,899,000+17.9m
D. E. Shaw & Co., Inc. New +12,938,000+12.9m
Elequin Capital, LP New +11,195,000+11.2m
JPMORGAN CHASE & CO Added +5,615,000+5.6m
BANK OF NOVA SCOTIA New +4,682,000+4.7m
Warberg Asset Management LLC Added +2,790,000+2.8m
PIPER SANDLER & CO. New +2,064,000+2.1m
BARCLAYS PLC New +56,000+56.0k
BNP PARIBAS FINANCIAL MARKETS Added +22,000+22.0k
AMERICAN CENTURY COMPANIES INC Added +21,000+21.0k

Biggest sellers

MILLENNIUM MANAGEMENT LLC Sold out -68,150,000-68.2m
TENOR CAPITAL MANAGEMENT Co., L.P. Reduced -62,836,000-62.8m
VOYA INVESTMENT MANAGEMENT LLC Sold out -24,180,000-24.2m
LORD, ABBETT & CO. LLC Sold out -22,903,000-22.9m
Calamos Advisors LLC Reduced -22,677,000-22.7m
Aequim Alternative Investments LP Reduced -15,636,000-15.6m
LAZARD ASSET MANAGEMENT LLC Reduced -9,850,000-9.8m
FRANKLIN RESOURCES INC Reduced -8,000,000-8.0m
STATE STREET CORP Sold out -7,705,000-7.7m
MIZUHO SECURITIES USA LLC Sold out -7,557,247-7.6m

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 40,500,00040.5m $60.0m $60.0m 0.02% Reduced -8.0m -8,000,000
2 TENOR CAPITAL MANAGEMENT Co., L.P. 0.50% of their portfolio NEW YORK, NY 24,076,00024.1m $35.8m $35.8m 0.50% Reduced -62.8m -62,836,000
3 LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 18,475,00018.5m $27.4m $27.4m 0.04% Reduced -9.8m -9,850,000
4 LORD, ABBETT & CO. LLC 0.08% of their portfolio JERSEY CITY, NJ 17,899,00017.9m $26.5m $26.5m 0.08% New
5 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 12,938,00012.9m $19.1m $19.1m 0.02% New
6 Elequin Capital, LP 1.92% of their portfolio NEW YORK, NY 11,195,00011.2m $16.6m $16.6m 1.92% New
7 Calamos Advisors LLC 0.06% of their portfolio NAPERVILLE, IL 9,400,0009.4m $13.9m $13.9m 0.06% Reduced -22.7m -22,677,000
8 Daiwa Securities Group Inc. 0.06% of their portfolio CHIYODA-KU,TOKYO, M0 9,035,0009.0m $13.4m $13.4m 0.06% Reduced -3.0m -3,020,000
9 Aequim Alternative Investments LP 0.31% of their portfolio MILL VALLEY, CA 6,514,0006.5m $9.6m $9.6m 0.31% Reduced -15.6m -15,636,000
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 6,001,0006.0m $9.0m $9.0m 0.00% Added +5.6m +5,615,000
11 BANK OF NOVA SCOTIA 0.01% of their portfolio TORONTO, A6 4,682,0004.7m $6.9m $6.9m 0.01% New
12 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,460,0003.5m $5.1m $5.1m 0.00% Unchanged
13 Warberg Asset Management LLC 1.22% of their portfolio WINNETKA, IL 3,003,0003.0m $4.4m $4.4m 1.22% Added +2.8m +2,790,000
14 FMR LLC 0.00% of their portfolio BOSTON, MA 2,661,0002.7m $3.9m $3.9m 0.00% Reduced -2.3m -2,264,000
15 PIPER SANDLER & CO. 2.33% of their portfolio MINNEAPOLIS, MN 2,064,0002.1m $3.0m $3.0m 2.33% New
16 AXA S.A. 0.01% of their portfolio PARIS, I0 2,050,0002.0m $3.0m $3.0m 0.01% Reduced -1.6m -1,650,000
17 SSI INVESTMENT MANAGEMENT LLC 0.03% of their portfolio Los Angeles, CA 242,000242.0k $357.2k $357.2k 0.03% Reduced -3.2m -3,203,000
18 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $295.4k $295.4k 0.00% Unchanged
19 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 133,000133.0k $197.0k $197.0k 0.00% Added +21.0k +21,000
20 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 89,00089.0k $131.4k $131.4k 0.00% Added +22.0k +22,000
21 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 56,00056.0k $82.7k $82.7k 0.00% New
22 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 28,00028.0k $41.3k $41.3k 0.00% First filing
23 LOOMIS SAYLES & CO L P 0.00% of their portfolio BOSTON, MA 23,27123.3k $3.9m $3.9m 0.00% Added +13.5k +13,539
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 23,00023.0k $33.9k $33.9k 0.00% Reduced -230.5k -230,500
25 Virtus Investment Advisers, LLC 0.02% of their portfolio HARTFORD, CT 20,00020.0k $29.5k $29.5k 0.02% Unchanged
26 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 15,00015.0k $22.1k $22.1k 0.00% Unchanged
27 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 11,00011.0k $16.2k $16.2k 0.00% Reduced -8.0k -8,000
28 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 10,00010.0k $14.8k $14.8k 0.00% Reduced -2.0k -2,000
29 EXCALIBUR MANAGEMENT CORP 0.01% of their portfolio WALTHAM, MA 10,00010.0k $14.7k $14.7k 0.01% Unchanged
30 Colonial Trust Advisors 0.00% of their portfolio SPARTANBURG, SC 8,0008.0k $11.8k $11.8k 0.00% Unchanged
31 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 4,0004.0k $5.9k $5.9k 0.00% Unchanged
32 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,0004.0k $6.0k $6.0k 0.00% Unchanged
33 Wilmington Savings Fund Society, FSB 0.00% of their portfolio WILMINGTON, DE 1,0001.0k $1.5k $1.5k 0.00% Unchanged
34 Asset Dedication, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,0001.0k $1.5k $1.5k 0.00% Unchanged
35 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,0001.0k $1.5k $1.5k 0.00% Unchanged
36 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 500500 $738 $738 0.00% Reduced -2.0k -2,000
37 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged