Vault-13

HOSTESS BRANDS INC TWNK

CL A · Common Stock · CUSIP 44109J106

265 institutional holders -22 vs Q4 2022
137,488,703137.5m shares reported held*
$3.4bnreported value*
30 new 87 added 108 reduced 50 sold out net bought ≈ $58.3m (+1.5m 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 ($11.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.03. Options: 6 managers hold calls ($4.0m notional), 5 hold puts ($1.7m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 255Q4 22: 287Q1 23: 265265Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022255
Q4 2022287
Q1 2023265

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 126 bought or addedQ4 22: 140 cut or sold outQ4 22Q1 23: 117 bought or addedQ1 23: 158 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022126140
Q1 2023117158

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 0.53Q1 23 calls: $4.0mQ1 23 puts: $1.7mQ1 23P/C 0.43
Numbers
QuarterCallsPutsP/C
Q3 2022$17.8m$2.8m0.16
Q4 2022$6.5m$3.5m0.53
Q1 2023$4.0m$1.7m0.43

Biggest buyers

MACQUARIE GROUP LTD Added +2,530,999+2.5m
Champlain Investment Partners, LLC Added +1,019,345+1.0m
Boston Partners New +872,178+872.2k
Man Group plc New +844,642+844.6k
BRAUN STACEY ASSOCIATES INC Added +765,245+765.2k
FMR LLC Added +539,500+539.5k
AMERIPRISE FINANCIAL INC Added +514,642+514.6k
Tributary Capital Management, LLC New +499,709+499.7k
GEODE CAPITAL MANAGEMENT, LLC Added +325,651+325.7k
MILLENNIUM MANAGEMENT LLC Added +319,244+319.2k

Biggest sellers

FIRST TRUST ADVISORS LP Reduced -1,109,008-1.1m
Man Group plc Sold out -1,072,555-1.1m
Driehaus Capital Management LLC Sold out -441,605-441.6k
Cubist Systematic Strategies, LLC Sold out -406,647-406.6k
MORGAN STANLEY Reduced -316,565-316.6k
Artemis Investment Management LLP Reduced -305,264-305.3k
BlackRock Inc. Reduced -292,209-292.2k
AMERICAN CENTURY COMPANIES INC Reduced -291,271-291.3k
TWO SIGMA ADVISERS, LP Sold out -270,000-270.0k
JANUS HENDERSON GROUP PLC Reduced -267,971-268.0k

Biggest calls

CITADEL ADVISORS LLC Added $1.8m74.1k shares
PEAK6 Investments LLC Unchanged $1.0m41.2k shares
SIMPLEX TRADING, LLC Added $403.0k16.2k shares
GROUP ONE TRADING LLC Reduced $368.2k14.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $338.4k13.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Walleye Trading LLC Reduced $746.4k30.0k shares
CITADEL ADVISORS LLC Reduced $629.5k25.3k shares
PEAK6 Investments LLC Reduced $204.0k8.2k shares
SIMPLEX TRADING, LLC Added $114.0k4.6k 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, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.02% of their portfolio New York, NY 22,470,58822.5m $559.1m $559.1m 0.02% Reduced -292.2k -292,209
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 16,064,28516.1m $399.7m $399.7m 0.01% Added +190.6k +190,570
3 DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio AUSTIN, TX 9,173,4959.2m $228.2m $228.2m 0.08% Added +49.8k +49,810
4 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 4,640,6134.6m $115.5m $115.5m 0.01% Added +142.0k +141,958
5 JANUS HENDERSON GROUP PLC 0.08% of their portfolio LONDON, X0 4,630,4064.6m $115.2m $115.2m 0.08% Reduced -268.0k -267,971
6 Champlain Investment Partners, LLC 0.64% of their portfolio BURLINGTON, VT 4,108,1454.1m $102.2m $102.2m 0.64% Added +1.0m +1,019,345
7 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 3,861,1533.9m $96.1m $96.1m 0.03% Reduced -82.7k -82,738
8 SNYDER CAPITAL MANAGEMENT L P 1.69% of their portfolio San Francisco, CA 3,184,1923.2m $79.2m $79.2m 1.69% Reduced -7.0k -6,976
9 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 2,882,9062.9m $71.7m $71.7m 0.01% Added +325.7k +325,651
10 WESTWOOD HOLDINGS GROUP INC 0.63% of their portfolio DALLAS, TX 2,836,7722.8m $70.6m $70.6m 0.63% Reduced -209.0k -209,028
11 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,802,7902.8m $69.7m $69.7m 0.01% Added +136.4k +136,363
12 MACQUARIE GROUP LTD 0.08% of their portfolio Sydney, NSW 2000, C3 2,684,9252.7m $66.8m $66.8m 0.08% Added +2.5m +2,530,999
13 Artemis Investment Management LLP 0.81% of their portfolio EDINBURGH, X0 2,647,4092.6m $65.8m $65.8m 0.81% Reduced -305.3k -305,264
14 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio Boston, MA 2,475,7992.5m $61.6m $61.6m 0.02% Reduced -91.7k -91,672
15 PLATINUM EQUITY, LLC 34.95% of their portfolio Beverly Hills, CA 2,398,7672.4m $59.7m $59.7m 34.95% Reduced -226.8k -226,750
16 FMR LLC 0.00% of their portfolio BOSTON, MA 2,311,1402.3m $57.5m $57.5m 0.00% Added +539.5k +539,500
17 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 2,120,2602.1m $52.8m $52.8m 0.01% Reduced -30.2k -30,168
18 Aberdeen Group plc 0.12% of their portfolio EDINBURGH, X0 1,939,9911.9m $48.3m $48.3m 0.12% Added +286.4k +286,437
19 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,688,1361.7m $42.0m $42.0m 0.01% Added +514.6k +514,642
20 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,677,2611.7m $41.7m $41.7m 0.01% Reduced -41.3k -41,275
21 NORGES BANK 0.01% of their portfolio OSLO, Q8 1,664,5511.7m $41.4m $41.4m 0.01% Added +169.7k +169,700
22 Nuveen Asset Management, LLC 0.02% of their portfolio CHICAGO, IL 1,637,6501.6m $40.7m $40.7m 0.02% Added +91.3k +91,293
23 EARNEST PARTNERS LLC 0.23% of their portfolio ATLANTA, GA 1,574,6271.6m $39.2m $39.2m 0.23% Added +65.1k +65,093
24 RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio NEW YORK, NY 1,525,4101.5m $38.0m $38.0m 0.05% Reduced -19.4k -19,400
25 BRAUN STACEY ASSOCIATES INC 0.99% of their portfolio NEW YORK, NY 1,515,9501.5m $37.7m $37.7m 0.99% Added +765.2k +765,245
26 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,455,8051.5m $36.2m $36.2m 0.00% Reduced -316.6k -316,565
27 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,307,4521.3m $32.5m $32.5m 0.01% Added +21.4k +21,450
28 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,246,6901.2m $31.0m $31.0m 0.01% Reduced -48.1k -48,113
29 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 1,186,5651.2m $29.5m $29.5m 0.00% Added +218.1k +218,090
30 VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio ATLANTA, GA 1,174,3441.2m $29.2m $29.2m 0.03% Added +279.1k +279,115
31 LOOMIS SAYLES & CO L P 0.05% of their portfolio BOSTON, MA 1,101,5921.1m $27.4m $27.4m 0.05% Added +9.2k +9,188
32 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 934,398934.4k $23.2m $23.2m 0.03% Added +319.2k +319,244
33 GLENMEDE TRUST CO NA 0.13% of their portfolio PHILADELPHIA, PA 892,192892.2k $22.2m $22.2m 0.13% Added +9.9k +9,946
34 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 873,162873.2k $21.7m $21.7m 0.01% Reduced -2.1k -2,109
35 Boston Partners 0.03% of their portfolio BOSTON, MA 872,178872.2k $21.9m $21.9m 0.03% New
36 LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 846,798846.8k $21.1m $21.1m 0.03% Added +263.2k +263,184
37 Man Group plc 0.07% of their portfolio LONDON, X0 844,642844.6k $21.0m $21.0m 0.07% New
38 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 808,919808.9k $20.1m $20.1m 0.01% Reduced -244.3k -244,317
39 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 771,800771.8k $19.2m $19.2m 0.01% Added +66.2k +66,174
40 CRAMER ROSENTHAL MCGLYNN LLC 0.84% of their portfolio STAMFORD, CT 749,514749.5k $18.6m $18.6m 0.84% Reduced -225.4k -225,407
41 Fenimore Asset Management Inc 0.45% of their portfolio Cobleskill, NY 689,276689.3k $17.1m $17.1m 0.45% Added +4.1k +4,055
42 CHARTWELL INVESTMENT PARTNERS, LLC 0.63% of their portfolio BERYWN, PA 663,255663.3k $16.5m $16.5m 0.63% Reduced -11.4k -11,386
43 FIRST TRUST ADVISORS LP 0.02% of their portfolio Wheaton, IL 616,212616.2k $15.3m $15.3m 0.02% Reduced -1.1m -1,109,008
44 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 613,618613.6k $15.3m $15.3m 0.00% Added +146.9k +146,855
45 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 561,640561.6k $14.0m $14.0m 0.00% Added +165.0k +165,015
46 Leeward Investments, LLC - MA 0.61% of their portfolio BOSTON, MA 536,969537.0k $13.4m $13.4m 0.61% Reduced -26.6k -26,642
47 Tributary Capital Management, LLC 1.15% of their portfolio OMAHA, NE 499,709499.7k $12.4m $12.4m 1.15% New
48 1832 Asset Management L.P. 0.02% of their portfolio TORONTO, A6 467,142467.1k $11.6m $11.6m 0.02% Added +179.2k +179,205
49 FEDERATED HERMES, INC. 0.03% of their portfolio PITTSBURGH, PA 455,181455.2k $11.3m $11.3m 0.03% Reduced -99.2k -99,172
50 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 449,381449.4k $11.2m $11.2m 0.01% Added +36.1k +36,132
51 BESSEMER GROUP INC 0.03% of their portfolio WOODBRIDGE, NJ 446,968447.0k $11.1m $11.1m 0.03% Added +16.2k +16,167
52 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 441,266441.3k $11.0m $11.0m 0.02% Added +64.2k +64,219
53 Phocas Financial Corp. 1.48% of their portfolio ALAMEDA, CA 413,693413.7k $10.3m $10.3m 1.48% Added +4.2k +4,182
54 Legal & General Group Plc 0.00% of their portfolio London, X0 389,701389.7k $9.7m $9.7m 0.00% Added +2.6k +2,557
55 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 383,331383.3k $9.5m $9.5m 0.00% Reduced -28.0k -28,046
56 Allspring Global Investments Holdings, LLC 0.02% of their portfolio CHARLOTTE, NC 370,063370.1k $9.2m $9.2m 0.02% Added +3.4k +3,354
57 Bernzott Capital Advisors 1.88% of their portfolio Camarillo, CA 365,889365.9k $9.1m $9.1m 1.88% Reduced -263.5k -263,451
58 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 319,563319.6k $8.0m $8.0m 0.00% Added +55.6k +55,603
59 GW&K Investment Management, LLC 0.07% of their portfolio BOSTON, MA 292,310292.3k $7.3m $7.3m 0.07% Added +172.8k +172,800
60 Swiss National Bank 0.00% of their portfolio ZURICH, V8 289,000289.0k $7.2m $7.2m 0.00% Reduced -40.5k -40,500
61 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.18% of their portfolio HOUSTON, TX 268,800268.8k $6.7m $6.7m 0.18% Reduced -800 -800
62 Bridgewater Associates, LP 0.04% of their portfolio Westport, CT 262,322262.3k $6.5m $6.5m 0.04% Reduced -7.8k -7,805
63 Ziegler Capital Management, LLC 0.26% of their portfolio CHICAGO, IL 260,939260.9k $6.5m $6.5m 0.26% Reduced -164.9k -164,858
64 EAGLE ASSET MANAGEMENT INC 0.04% of their portfolio ST PETERSBURG, FL 255,925255.9k $6.4m $6.4m 0.04% Reduced -94.8k -94,800
65 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 253,506253.5k $6.3m $6.3m 0.01% Reduced -169.4k -169,405
66 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 236,371236.4k $5.9m $5.9m 0.01% Added +22.9k +22,850
67 River Road Asset Management, LLC 0.08% of their portfolio LOUISVILLE, KY 235,484235.5k $5.9m $5.9m 0.08% Reduced -4.2k -4,224
68 Public Sector Pension Investment Board 0.04% of their portfolio MONTREAL, A8 235,477235.5k $5.9m $5.9m 0.04% Reduced -8.1k -8,101
69 Amundi 0.00% of their portfolio Paris, I0 223,508223.5k $5.6m $5.6m 0.00% Added +18.3k +18,291
70 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 223,360223.4k $5.6m $5.6m 0.01% Added +138.0k +138,038
71 NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio STOCKHOLM, V7 213,245213.2k $5.3m $5.3m 0.01% New
72 CapWealth Advisors, LLC 0.56% of their portfolio FRANKLIN, TN 179,395179.4k $4.5m $4.5m 0.56% Reduced -3.2k -3,179
73 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 174,117174.1k $4.3m $4.3m 0.00% Reduced -194.8k -194,760
74 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 171,394171.4k $4.3m $4.3m 0.00% Added +16.7k +16,666
75 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 167,294167.3k $4.2m $4.2m 0.01% Reduced -4.8k -4,771
76 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 165,114165.1k $4.1m $4.1m 0.00% Reduced -12.4k -12,404
77 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 162,916162.9k $4.1m $4.1m 0.00% Added +5.0k +4,952
78 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 144,129144.1k $3.6m $3.6m 0.01% Reduced -2.1k -2,128
79 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.03% of their portfolio HARRISBURG, PA 141,763141.8k $3.5m $3.5m 0.03% Reduced -1.5k -1,526
80 TUDOR INVESTMENT CORP ET AL 0.07% of their portfolio STAMFORD, CT 141,029141.0k $3.5m $3.5m 0.07% New
81 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 138,171138.2k $3.4m $3.4m 0.01% Reduced -3.6k -3,561
82 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 136,518136.5k $3.4m $3.4m 0.00% Added +31.4k +31,354
83 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 132,684132.7k $3.3m $3.3m 0.01% Reduced -4.7k -4,650
84 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 132,289132.3k $3.3m $3.3m 0.01% Reduced -104.0k -104,039
85 HRT FINANCIAL LP 0.04% of their portfolio NEW YORK, NY 131,704131.7k $3.3m $3.3m 0.04% Reduced -121.4k -121,446
86 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 127,331127.3k $3.2m $3.2m 0.01% Reduced -9.4k -9,364
87 Goelzer Investment Management, Inc. 0.27% of their portfolio CARMEL, IN 125,661125.7k $3.1m $3.1m 0.27% Reduced -55.1k -55,150
88 M&T Bank Corp 0.01% of their portfolio BUFFALO, NY 121,793121.8k $3.0m $3.0m 0.01% Added +59.3k +59,314
89 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 120,453120.5k $3.0m $3.0m 0.01% Added +144 +144
90 TEXAS PERMANENT SCHOOL FUND CORP 0.03% of their portfolio AUSTIN, TX 120,070120.1k $3.0m $3.0m 0.03% Added +30.1k +30,059
91 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 120,028120.0k $3.0m $3.0m 0.00% Reduced -29.1k -29,094
92 AMI ASSET MANAGEMENT CORP 0.18% of their portfolio LOS ANGELES, CA 114,820114.8k $2.9m $2.9m 0.18% Reduced -2.0k -2,015
93 Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio VANCOUVER, A1 105,951106.0k $2.6m $2.6m 0.01% Added +57.9k +57,896
94 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 105,034105.0k $2.6m $2.6m 0.01% Added +41.9k +41,867
95 Mesirow Institutional Investment Management, Inc. 0.27% of their portfolio CHICAGO, IL 101,472101.5k $2.5m $2.5m 0.27% New
96 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 100,923100.9k $2.5m $2.5m 0.00% Reduced -85.8k -85,843
97 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 98,89098.9k $2.5m $2.5m 0.00% Added +39 +39
98 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 94,25594.3k $2.3m $2.3m 0.01% Added +4.9k +4,907
99 State of Alaska, Department of Revenue 0.03% of their portfolio JUNEAU, AK 91,68491.7k $2.3m $2.3m 0.03% Reduced -1.5k -1,546
100 GREAT LAKES ADVISORS, LLC 0.02% of their portfolio CHICAGO, IL 83,99184.0k $2.1m $2.1m 0.02% New