Vault-13

HOSTESS BRANDS INC TWNK

CL A · Common Stock · CUSIP 44109J106

287 institutional holders +32 vs Q3 2022
136,237,033136.2m shares reported held*
$3.1bnreported value*
53 new 73 added 115 reduced 25 sold out net sold ≈ $273.2m (-12.2m 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 ($9.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.44. Options: 7 managers hold calls ($6.5m notional), 6 hold puts ($3.5m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 255Q4 22: 287287Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022255
Q4 2022287

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$5m$10m$15m$20mQ3 22 calls: $17.8mQ3 22 puts: $2.8mQ3 22P/C 0.16Q4 22 calls: $6.5mQ4 22 puts: $3.5mQ4 22P/C 0.53
Numbers
QuarterCallsPutsP/C
Q3 2022$17.8m$2.8m0.16
Q4 2022$6.5m$3.5m0.53

Biggest buyers

Artemis Investment Management LLP Added +924,321+924.3k
VOYA INVESTMENT MANAGEMENT LLC Added +776,842+776.8k
NORGES BANK Added +413,760+413.8k
Cubist Systematic Strategies, LLC New +406,647+406.6k
LAZARD ASSET MANAGEMENT LLC Added +340,371+340.4k
FMR LLC Added +331,677+331.7k
TWINBEECH CAPITAL LP New +295,429+295.4k
1832 Asset Management L.P. New +287,937+287.9k
TWO SIGMA INVESTMENTS, LP New +221,564+221.6k
LOOMIS SAYLES & CO L P Added +220,797+220.8k

Biggest sellers

JANUS HENDERSON GROUP PLC Reduced -7,641,547-7.6m
River Road Asset Management, LLC Reduced -1,625,538-1.6m
Champlain Investment Partners, LLC Reduced -1,553,660-1.6m
MILLENNIUM MANAGEMENT LLC Reduced -904,985-905.0k
VICTORY CAPITAL MANAGEMENT INC Reduced -680,560-680.6k
Weiss Multi-Strategy Advisers LLC Reduced -662,652-662.7k
BlackRock Inc. Reduced -574,867-574.9k
Driehaus Capital Management LLC Reduced -524,660-524.7k
STATE STREET CORP Reduced -470,702-470.7k
Man Group plc Reduced -374,639-374.6k

Biggest calls

GROUP ONE TRADING LLC Added $3.3m147.3k shares
CITADEL ADVISORS LLC Reduced $1.5m65.1k shares
PEAK6 Investments LLC New $924.5k41.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $567.7k25.3k shares
SIMPLEX TRADING, LLC Added $190.0k8.5k shares
Walleye Trading LLC Reduced $67.3k3.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

PEAK6 Investments LLC New $1.5m65.8k shares
CITADEL ADVISORS LLC Added $843.7k37.6k shares
Walleye Trading LLC Reduced $709.1k31.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $435.3k19.4k shares
SIMPLEX TRADING, LLC Added $8.0k400 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.02% of their portfolio New York, NY 22,762,79722.8m $510.8m $510.8m 0.02% Reduced -574.9k -574,867
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 15,873,71515.9m $356.2m $356.2m 0.01% Reduced -124.1k -124,122
3 DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio AUSTIN, TX 9,123,6859.1m $204.7m $204.7m 0.07% Added +85.8k +85,781
4 JANUS HENDERSON GROUP PLC 0.08% of their portfolio LONDON, X0 4,898,3774.9m $109.9m $109.9m 0.08% Reduced -7.6m -7,641,547
5 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 4,498,6554.5m $100.9m $100.9m 0.01% Reduced -470.7k -470,702
6 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 3,943,8913.9m $88.5m $88.5m 0.03% Added +26.2k +26,163
7 SNYDER CAPITAL MANAGEMENT L P 1.62% of their portfolio San Francisco, CA 3,191,1683.2m $71.6m $71.6m 1.62% Reduced -10.4k -10,415
8 Champlain Investment Partners, LLC 0.44% of their portfolio BURLINGTON, VT 3,088,8003.1m $69.3m $69.3m 0.44% Reduced -1.6m -1,553,660
9 WESTWOOD HOLDINGS GROUP INC 0.60% of their portfolio DALLAS, TX 3,045,8003.0m $68.3m $68.3m 0.60% Added +127.1k +127,106
10 Artemis Investment Management LLP 0.75% of their portfolio EDINBURGH, X0 2,952,6733.0m $66.5m $66.5m 0.75% Added +924.3k +924,321
11 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,666,4272.7m $59.8m $59.8m 0.01% Added +163.6k +163,601
12 PLATINUM EQUITY, LLC 40.22% of their portfolio Beverly Hills, CA 2,625,5172.6m $58.9m $58.9m 40.22% Unchanged
13 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio Boston, MA 2,567,4712.6m $57.6m $57.6m 0.02% Reduced -188.8k -188,811
14 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 2,557,2552.6m $57.4m $57.4m 0.01% Added +55.2k +55,242
15 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 2,150,4282.2m $48.3m $48.3m 0.01% Reduced -174.5k -174,475
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,772,3701.8m $39.8m $39.8m 0.00% Reduced -162.0k -161,965
17 FMR LLC 0.00% of their portfolio BOSTON, MA 1,771,6401.8m $39.8m $39.8m 0.00% Added +331.7k +331,677
18 FIRST TRUST ADVISORS LP 0.05% of their portfolio Wheaton, IL 1,725,2201.7m $38.7m $38.7m 0.05% Reduced -211.9k -211,859
19 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,718,5361.7m $38.6m $38.6m 0.01% Reduced -11.6k -11,570
20 Aberdeen Group plc 0.10% of their portfolio EDINBURGH, X0 1,653,5541.7m $37.1m $37.1m 0.10% Reduced -322.8k -322,776
21 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 1,546,3571.5m $34.7m $34.7m 0.01% Reduced -343.1k -343,149
22 RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio NEW YORK, NY 1,544,8101.5m $34.7m $34.7m 0.05% Reduced -47.1k -47,100
23 EARNEST PARTNERS LLC 0.21% of their portfolio ATLANTA, GA 1,509,5341.5m $33.9m $33.9m 0.21% Reduced -18.7k -18,723
24 NORGES BANK 0.01% of their portfolio OSLO, Q8 1,494,8511.5m $33.5m $33.5m 0.01% Added +413.8k +413,760
25 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,294,8031.3m $29.1m $29.1m 0.01% Reduced -116.6k -116,608
26 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,286,0021.3m $28.9m $28.9m 0.01% Reduced -6.8k -6,764
27 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,173,4941.2m $26.3m $26.3m 0.01% Added +22.3k +22,287
28 LOOMIS SAYLES & CO L P 0.05% of their portfolio BOSTON, MA 1,092,4041.1m $24.5m $24.5m 0.05% Added +220.8k +220,797
29 Man Group plc 0.09% of their portfolio LONDON, X0 1,072,5551.1m $24.1m $24.1m 0.09% Reduced -374.6k -374,639
30 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 1,053,2361.1m $23.6m $23.6m 0.02% Added +137.5k +137,549
31 CRAMER ROSENTHAL MCGLYNN LLC 0.96% of their portfolio STAMFORD, CT 974,921974.9k $21.9m $21.9m 0.96% Reduced -156.1k -156,081
32 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 968,475968.5k $21.7m $21.7m 0.00% Added +215.8k +215,847
33 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 895,229895.2k $20.1m $20.1m 0.02% Added +776.8k +776,842
34 GLENMEDE TRUST CO NA 0.12% of their portfolio PHILADELPHIA, PA 882,246882.2k $19.8m $19.8m 0.12% Reduced -112.5k -112,484
35 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 875,271875.3k $19.6m $19.6m 0.01% Reduced -3.0k -2,967
36 BRAUN STACEY ASSOCIATES INC 0.96% of their portfolio NEW YORK, NY 750,705750.7k $16.8m $16.8m 0.96% Reduced -39.2k -39,205
37 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 705,626705.6k $15.8m $15.8m 0.01% Reduced -40.9k -40,857
38 Fenimore Asset Management Inc 0.41% of their portfolio Cobleskill, NY 685,221685.2k $15.4m $15.4m 0.41% Reduced -38.7k -38,695
39 CHARTWELL INVESTMENT PARTNERS, LLC 0.60% of their portfolio BERYWN, PA 674,641674.6k $15.1m $15.1m 0.60% Reduced -120.3k -120,254
40 Bernzott Capital Advisors 1.83% of their portfolio Camarillo, CA 629,340629.3k $14.1m $14.1m 1.83% Reduced -13.1k -13,137
41 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 615,154615.2k $13.8m $13.8m 0.02% Reduced -905.0k -904,985
42 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 583,614583.6k $13.1m $13.1m 0.02% Added +340.4k +340,371
43 Leeward Investments, LLC - MA 0.56% of their portfolio BOSTON, MA 563,611563.6k $12.6m $12.6m 0.56% Reduced -229.3k -229,287
44 FEDERATED HERMES, INC. 0.03% of their portfolio PITTSBURGH, PA 554,353554.4k $12.4m $12.4m 0.03% Reduced -159.1k -159,134
45 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 466,763466.8k $10.5m $10.5m 0.00% Added +71.3k +71,349
46 Driehaus Capital Management LLC 0.15% of their portfolio Chicago, IL 441,605441.6k $9.9m $9.9m 0.15% Reduced -524.7k -524,660
47 BESSEMER GROUP INC 0.02% of their portfolio WOODBRIDGE, NJ 430,801430.8k $9.7m $9.7m 0.02% Added +95.7k +95,678
48 Ziegler Capital Management, LLC 0.40% of their portfolio CHICAGO, IL 425,797425.8k $9.6m $9.6m 0.40% Reduced -8.0k -8,031
49 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 422,911422.9k $9.5m $9.5m 0.01% Added +157.8k +157,755
50 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 413,249413.2k $9.3m $9.3m 0.01% Reduced -19.2k -19,173
51 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 411,377411.4k $9.2m $9.2m 0.00% Reduced -14.1k -14,103
52 Phocas Financial Corp. 1.32% of their portfolio ALAMEDA, CA 409,511409.5k $9.2m $9.2m 1.32% Reduced -270 -270
53 Cubist Systematic Strategies, LLC 0.08% of their portfolio STAMFORD, CT 406,647406.6k $9.1m $9.1m 0.08% New
54 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 396,625396.6k $8.9m $8.9m 0.00% Added +141.8k +141,790
55 Legal & General Group Plc 0.00% of their portfolio London, X0 387,144387.1k $8.7m $8.7m 0.00% Reduced -267 -267
56 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 377,047377.0k $8.5m $8.5m 0.02% Added +546 +546
57 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 368,877368.9k $8.3m $8.3m 0.00% Added +65.2k +65,235
58 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 366,709366.7k $8.2m $8.2m 0.01% Reduced -29.0k -29,003
59 EAGLE ASSET MANAGEMENT INC 0.05% of their portfolio ST PETERSBURG, FL 350,725350.7k $7.8m $7.8m 0.05% Reduced -66.2k -66,242
60 Swiss National Bank 0.01% of their portfolio ZURICH, V8 329,500329.5k $7.4m $7.4m 0.01% Added +1.6k +1,600
61 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 322,319322.3k $7.2m $7.2m 0.01% Reduced -291.4k -291,437
62 TWINBEECH CAPITAL LP 0.13% of their portfolio PURCHASE, NY 295,429295.4k $6.6m $6.6m 0.13% New
63 1832 Asset Management L.P. 0.01% of their portfolio TORONTO, A6 287,937287.9k $6.5m $6.5m 0.01% New
64 Bridgewater Associates, LP 0.03% of their portfolio Westport, CT 270,127270.1k $6.1m $6.1m 0.03% Reduced -94.7k -94,729
65 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 270,000270.0k $6.1m $6.1m 0.02% Reduced -15.8k -15,800
66 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.16% of their portfolio HOUSTON, TX 269,600269.6k $6.0m $6.0m 0.16% Reduced -56.1k -56,100
67 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 263,960264.0k $5.9m $5.9m 0.00% Added +11.2k +11,229
68 HRT FINANCIAL LP 0.08% of their portfolio NEW YORK, NY 253,150253.2k $5.7m $5.7m 0.08% Added +213.2k +213,181
69 Public Sector Pension Investment Board 0.04% of their portfolio MONTREAL, A8 243,578243.6k $5.5m $5.5m 0.04% Reduced -6.6k -6,623
70 River Road Asset Management, LLC 0.07% of their portfolio LOUISVILLE, KY 239,708239.7k $5.4m $5.4m 0.07% Reduced -1.6m -1,625,538
71 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 236,328236.3k $5.3m $5.3m 0.01% Reduced -16.1k -16,054
72 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 221,564221.6k $5.0m $5.0m 0.02% New
73 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 213,521213.5k $4.8m $4.8m 0.01% Reduced -14.6k -14,638
74 Amundi 0.00% of their portfolio Paris, I0 205,217205.2k $4.7m $4.7m 0.00% Reduced -66.9k -66,856
75 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 193,121193.1k $4.3m $4.3m 0.03% Added +179.8k +179,831
76 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 186,766186.8k $4.2m $4.2m 0.00% Reduced -680.6k -680,560
77 CapWealth Advisors, LLC 0.48% of their portfolio FRANKLIN, TN 182,574182.6k $4.1m $4.1m 0.48% Reduced -223 -223
78 Goelzer Investment Management, Inc. 0.35% of their portfolio CARMEL, IN 180,811180.8k $4.1m $4.1m 0.35% Reduced -7.5k -7,508
79 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 177,518177.5k $4.0m $4.0m 0.00% Added +55.5k +55,533
80 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 172,065172.1k $3.9m $3.9m 0.01% Reduced -670 -670
81 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 157,964158.0k $3.5m $3.5m 0.00% Added +35.4k +35,442
82 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 154,728154.7k $3.5m $3.5m 0.00% Added +18.4k +18,440
83 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 154,404154.4k $3.5m $3.5m 0.01% Added +138.8k +138,830
84 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 153,926153.9k $3.5m $3.5m 0.00% Reduced -125.1k -125,143
85 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 149,122149.1k $3.3m $3.3m 0.00% Reduced -427 -427
86 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 146,257146.3k $3.3m $3.3m 0.01% Reduced -30.2k -30,163
87 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.03% of their portfolio HARRISBURG, PA 143,289143.3k $3.2m $3.2m 0.03% Added +18.9k +18,924
88 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 141,732141.7k $3.2m $3.2m 0.01% Reduced -896 -896
89 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 137,334137.3k $3.1m $3.1m 0.01% Reduced -3.8k -3,765
90 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 136,695136.7k $3.1m $3.1m 0.01% Reduced -16.6k -16,580
91 PROSPECTOR PARTNERS LLC 0.38% of their portfolio GUILFORD, CT 123,025123.0k $2.8m $2.8m 0.38% Reduced -25.6k -25,550
92 Ergoteles LLC 0.10% of their portfolio NEW YORK, NY 122,101122.1k $2.7m $2.7m 0.10% New
93 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 120,309120.3k $2.7m $2.7m 0.01% Unchanged
94 GW&K Investment Management, LLC 0.03% of their portfolio BOSTON, MA 119,510119.5k $2.7m $2.7m 0.03% New
95 AMI ASSET MANAGEMENT CORP 0.18% of their portfolio LOS ANGELES, CA 116,835116.8k $2.6m $2.6m 0.18% Reduced -37.3k -37,278
96 Empowered Funds, LLC 0.16% of their portfolio NEWTOWN SQUARE, PA 110,245110.2k $2.5m $2.5m 0.16% Added +21.2k +21,215
97 Global IMC LLC 0.62% of their portfolio SOLANA BEACH, CA 107,370107.4k $2.4m $2.4m 0.62% Reduced -83.8k -83,805
98 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 105,164105.2k $2.4m $2.4m 0.00% First filing
99 ExodusPoint Capital Management, LP 0.04% of their portfolio NEW YORK, NY 101,629101.6k $2.3m $2.3m 0.04% New
100 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 98,85198.9k $2.2m $2.2m 0.00% Reduced -172.9k -172,943