Vault-13

H WORLD GROUP LTD HTHT 3 05.01.26

NOTE 3.000% 5/0 · US DOMESTIC · CUSIP 44332NAB2

38 institutional holders -5 vs Q2 2024
68,873,42568.9m shares reported held*
$499.6mreported value*
4 new 9 added 5 reduced 10 sold out net sold ≈ $3.2m (-19.8m 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 ≈ $7.25.

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 32Q4 22: 33Q1 23: 37Q2 23: 32Q3 23: 34Q4 23: 33Q1 24: 35Q2 24: 43Q3 24: 3838Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 202232
Q4 202233
Q1 202337
Q2 202332
Q3 202334
Q4 202333
Q1 202435
Q2 202443
Q3 202438

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 10 bought or addedQ4 22: 13 cut or sold outQ1 23: 16 bought or addedQ1 23: 11 cut or sold outQ1 23Q2 23: 9 bought or addedQ2 23: 14 cut or sold outQ3 23: 10 bought or addedQ3 23: 13 cut or sold outQ3 23Q4 23: 9 bought or addedQ4 23: 10 cut or sold outQ1 24: 15 bought or addedQ1 24: 7 cut or sold outQ1 24Q2 24: 22 bought or addedQ2 24: 7 cut or sold outQ3 24: 13 bought or addedQ3 24: 15 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221013
Q1 20231611
Q2 2023914
Q3 20231013
Q4 2023910
Q1 2024157
Q2 2024227
Q3 20241315

Biggest buyers

Linden Advisors LP Added +19,040,000+19.0m
MILLENNIUM MANAGEMENT LLC Added +17,000,000+17.0m
JPMORGAN CHASE & CO Added +14,150,000+14.2m
LORD, ABBETT & CO. LLC New +5,864,000+5.9m
MORGAN STANLEY New +4,841,000+4.8m
Fore Capital, LLC New +3,000,000+3.0m
Jefferies Financial Group Inc. Added +930,000+930.0k
OAKTREE CAPITAL MANAGEMENT LP Added +583,352+583.4k
STATE STREET CORP Added +500,000+500.0k
BOOTHBAY FUND MANAGEMENT, LLC New +500,000+500.0k

Biggest sellers

PRICE T ROWE ASSOCIATES INC /MD/ Reduced -19,710,000-19.7m
Pinpoint Asset Management Ltd Sold out -17,000,000-17.0m
Ovata Capital Management Ltd Reduced -8,700,000-8.7m
Lombard Odier Asset Management (Europe) Ltd Sold out -8,032,000-8.0m
CITIGROUP INC Sold out -4,490,000-4.5m
D. E. Shaw & Co., Inc. Reduced -4,300,000-4.3m
ROYAL BANK OF CANADA Sold out -3,355,000-3.4m
SSI INVESTMENT MANAGEMENT LLC Reduced -2,624,000-2.6m
EDMOND DE ROTHSCHILD HOLDING S.A. Sold out -875,000-875.0k
BANK OF AMERICA CORP /DE/ Sold out -343,000-343.0k

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 1.06% of their portfolio New York, NY 110,900,000110.9m $126.1m $126.1m 1.06% Added +19.0m +19,040,000
2 LAZARD ASSET MANAGEMENT LLC 0.10% of their portfolio NEW YORK, NY 61,924,00061.9m $73.2m $73.2m 0.10% Unchanged
3 Aspex Management (HK) Ltd 1.54% of their portfolio CENTRAL, K3 50,000,00050.0m $58.3m $58.3m 1.54% Unchanged
4 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 29,002,00029.0m $32.9m $32.9m 0.00% Added +14.2m +14,150,000
5 M&G PLC 0.15% of their portfolio London, X0 25,316,00025.3m $29.4m $29.4m 0.15% Unchanged
6 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 20,500,00020.5m $23.4m $23.4m 0.02% Added +17.0m +17,000,000
7 ONTARIO TEACHERS PENSION PLAN BOARD 0.16% of their portfolio Toronto, A6 16,000,00016.0m $18.2m $18.2m 0.16% Unchanged
8 Ovata Capital Management Ltd 6.25% of their portfolio HONG KONG, K3 13,000,00013.0m $14.8m $14.8m 6.25% Reduced -8.7m -8,700,000
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,247,00011.2m $13.0m $13.0m 0.00% Added +500.0k +500,000
10 OAKTREE CAPITAL MANAGEMENT LP 0.20% of their portfolio LOS ANGELES, CA 10,049,00010.0m $11.9m $11.9m 0.20% Added +583.4k +583,352
11 ADVENT CAPITAL MANAGEMENT /DE/ 0.28% of their portfolio NEW YORK, NY 9,919,0009.9m $11.3m $11.3m 0.28% Added +66.0k +66,000
12 LORD, ABBETT & CO. LLC 0.02% of their portfolio JERSEY CITY, NJ 5,864,0005.9m $6.9m $6.9m 0.02% New
13 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 5,778,0005.8m $6.7m $6.7m 0.00% Reduced -19.7m -19,710,000
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,841,0004.8m $5.7m $5.7m 0.00% New
15 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 4,497,0004.5m $5.3m $5.3m 0.00% Unchanged
16 Amundi 0.00% of their portfolio Paris, I0 4,400,0004.4m $5.2m $5.2m 0.00% Unchanged
17 BlackRock, Inc. 0.00% of their portfolio New York, NY 4,079,0004.1m $4.8m $4.8m 0.00% First filing
18 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 3,200,0003.2m $3.6m $3.6m 0.00% Reduced -4.3m -4,300,000
19 Fore Capital, LLC 6.82% of their portfolio New York, NY 3,000,0003.0m $3.5m $3.5m 6.82% New
20 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 2,250,0002.2m $2.6m $2.6m 0.00% Reduced -25.0k -25,000
21 QVT Financial LP 0.20% of their portfolio New York, NY 2,000,0002.0m $2.3m $2.3m 0.20% Unchanged
22 Jefferies Financial Group Inc. 0.04% of their portfolio NEW YORK, NY 1,986,0002.0m $2.2m $2.2m 0.04% Added +930.0k +930,000
23 DNCA FINANCE 0.06% of their portfolio PARIS, I0 600,000600.0k $689.1k $689.1k 0.06% Added +400.0k +400,000
24 BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 500,000500.0k $590.8k $590.8k 0.02% New
25 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 469,000469.0k $538.7k $538.7k 0.00% Unchanged
26 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 400,000400.0k $457.2k $457.2k 0.00% Unchanged
27 SG Americas Securities, LLC 0.10% of their portfolio NEW YORK, NY 220,000220.0k $25.5m $25.5m 0.10% Unchanged
28 Man Group plc 0.00% of their portfolio LONDON, X0 220,000220.0k $253.8k $253.8k 0.00% Unchanged
29 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 200,000200.0k $234.3k $234.3k 0.00% Unchanged
30 SSI INVESTMENT MANAGEMENT LLC 0.01% of their portfolio Los Angeles, CA 174,000174.0k $197.8k $197.8k 0.01% Reduced -2.6m -2,624,000
31 KBC Group NV 0.00% of their portfolio Brussels, C9 100,000100.0k $115.0k $115.0k 0.00% Unchanged
32 Oaktree Fund Advisors, LLC 0.03% of their portfolio LOS ANGLES, CA 21,00021.0k $24.8k $24.8k 0.03% Unchanged
33 AM Squared Ltd 20.36% of their portfolio HONG KONG, K3 8,0008.0k $9.2m $9.2m 20.36% Unchanged
34 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 3,0003.0k $3.4k $3.4k 0.00% Unchanged
35 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,5001.5k $1.8k $1.8k 0.00% Added +500 +500
36 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 1,0001.0k $1.2k $1.2k 0.00% Unchanged
37 ODDO BHF ASSET MANAGEMENT SAS 0.02% of their portfolio PARIS, I0 425425 $500.5k $500.5k 0.02% First filing
38 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged