Vault-13

HUBSPOT INC HUBS 0.375 06.01.25

NOTE 0.375% 6/0 · US DOMESTIC · CUSIP 443573AD2

46 institutional holders +3 vs Q3 2023
37,211,77037.2m shares reported held*
$946.3mreported value*
8 new 6 added 13 reduced 7 sold out net sold ≈ $15.6m (+7.4m 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 ≈ $25.43.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 47Q4 22: 42Q1 23: 47Q2 23: 44Q3 23: 43Q4 23: 4646Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202247
Q4 202242
Q1 202347
Q2 202344
Q3 202343
Q4 202346

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 21 bought or addedQ4 22: 20 cut or sold outQ4 22Q1 23: 28 bought or addedQ1 23: 24 cut or sold outQ1 23Q2 23: 19 bought or addedQ2 23: 28 cut or sold outQ2 23Q3 23: 15 bought or addedQ3 23: 19 cut or sold outQ3 23Q4 23: 14 bought or addedQ4 23: 20 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222120
Q1 20232824
Q2 20231928
Q3 20231519
Q4 20231420

Biggest buyers

MILLENNIUM MANAGEMENT LLC Added +26,024,000+26.0m
BANK OF NOVA SCOTIA Added +14,300,908+14.3m
MORGAN STANLEY New +9,776,000+9.8m
LORD, ABBETT & CO. LLC Added +7,477,000+7.5m
CITADEL ADVISORS LLC Added +7,000,000+7.0m
ADVENT CAPITAL MANAGEMENT /DE/ New +4,844,000+4.8m
Warberg Asset Management LLC Added +2,018,000+2.0m
JPMORGAN CHASE & CO New +1,290,000+1.3m
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main New +200,000+200.0k
NOMURA HOLDINGS INC New +129,567+129.6k

Biggest sellers

LORD, ABBETT & CO. LLC Sold out -25,719,000-25.7m
TENOR CAPITAL MANAGEMENT Co., L.P. Reduced -12,754,000-12.8m
VOYA INVESTMENT MANAGEMENT LLC Reduced -8,050,000-8.1m
FRANKLIN RESOURCES INC Reduced -7,000,000-7.0m
BANK OF AMERICA CORP /DE/ Reduced -2,973,000-3.0m
LAZARD ASSET MANAGEMENT LLC Reduced -2,183,000-2.2m
BNP PARIBAS FINANCIAL MARKETS Reduced -2,178,000-2.2m
STATE STREET CORP Reduced -2,130,000-2.1m
FMR LLC Reduced -2,025,000-2.0m
AXA S.A. Sold out -1,200,000-1.2m

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LAZARD ASSET MANAGEMENT LLC 0.19% of their portfolio NEW YORK, NY 73,297,00073.3m $152.1m $152.1m 0.19% Reduced -2.2m -2,183,000
2 CITADEL ADVISORS LLC 0.10% of their portfolio MIAMI, FL 49,089,00049.1m $102.1m $102.1m 0.10% Added +7.0m +7,000,000
3 MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio NEW YORK, NY 44,024,00044.0m $91.4m $91.4m 0.09% Added +26.0m +26,024,000
4 TENOR CAPITAL MANAGEMENT Co., L.P. 1.48% of their portfolio NEW YORK, NY 40,000,00040.0m $83.3m $83.3m 1.48% Reduced -12.8m -12,754,000
5 LORD, ABBETT & CO. LLC 0.12% of their portfolio JERSEY CITY, NJ 33,196,00033.2m $68.9m $68.9m 0.12% Added +7.5m +7,477,000
6 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 30,500,00030.5m $63.3m $63.3m 0.03% Reduced -7.0m -7,000,000
7 Opti Capital Management, LP 4.40% of their portfolio New York, NY 28,053,00028.1m $58.3m $58.3m 4.40% Unchanged
8 D. E. Shaw & Co., Inc. 0.05% of their portfolio New York, NY 15,953,00016.0m $33.1m $33.1m 0.05% Unchanged
9 BANK OF NOVA SCOTIA 0.06% of their portfolio TORONTO, A6 14,430,00014.4m $30.0m $30.0m 0.06% Added +14.3m +14,300,908
10 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 13,000,00013.0m $27.0m $27.0m 0.01% Unchanged
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,901,0009.9m $20.6m $20.6m 0.00% Reduced -2.1m -2,130,000
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,776,0009.8m $20.2m $20.2m 0.00% New
13 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 8,680,0008.7m $18.0m $18.0m 0.02% Reduced -8.1m -8,050,000
14 CAPSTONE INVESTMENT ADVISORS, LLC 0.27% of their portfolio NEW YORK, NY 7,500,0007.5m $15.6m $15.6m 0.27% Unchanged
15 FMR LLC 0.00% of their portfolio BOSTON, MA 6,097,0006.1m $12.6m $12.6m 0.00% Reduced -2.0m -2,025,000
16 ADVENT CAPITAL MANAGEMENT /DE/ 0.23% of their portfolio NEW YORK, NY 4,844,0004.8m $10.1m $10.1m 0.23% New
17 Warberg Asset Management LLC 2.87% of their portfolio WINNETKA, IL 4,592,0004.6m $9.5m $9.5m 2.87% Added +2.0m +2,018,000
18 SSI INVESTMENT MANAGEMENT LLC 0.68% of their portfolio Los Angeles, CA 4,333,0004.3m $9.0m $9.0m 0.68% Reduced -46.0k -46,000
19 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 3,759,0003.8m $7.8m $7.8m 0.01% Reduced -220.0k -220,000
20 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 3,345,0003.3m $7.0m $7.0m 0.01% Reduced -2.2m -2,178,000
21 BlackRock Inc. 0.00% of their portfolio New York, NY 3,114,0003.1m $6.5m $6.5m 0.00% Unchanged
22 Walleye Capital LLC 0.08% of their portfolio NEW YORK, NY 2,900,0002.9m $6.0m $6.0m 0.08% Unchanged
23 AGF MANAGEMENT LTD 0.02% of their portfolio TORONTO, A6 1,300,0001.3m $2.7m $2.7m 0.02% Unchanged
24 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,290,0001.3m $2.7m $2.7m 0.00% New
25 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,175,0001.2m $2.4m $2.4m 0.00% Reduced -193.0k -193,000
26 CQS (US), LLC 0.20% of their portfolio NEW YORK, NY 877,000877.0k $1.8m $1.8m 0.20% Unchanged
27 GROUPAMA ASSET MANAGMENT 0.04% of their portfolio PARIS, I0 700,000700.0k $1.5m $1.5m 0.04% First filing
28 Quaero Capital S.A. 1.50% of their portfolio GENEVE, V8 700,000700.0k $1.5m $1.5m 1.50% Unchanged
29 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 250,000250.0k $382.8k $382.8k 0.00% Unchanged
30 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 228,000228.0k $474.6k $474.6k 0.00% Reduced -795.0k -795,000
31 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 212,000212.0k $440.8k $440.8k 0.00% Unchanged
32 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 200,000200.0k $415.7k $415.7k 0.00% New
33 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 196,000196.0k $406.8k $406.8k 0.00% Added +65.0k +65,000
34 Amundi 0.00% of their portfolio Paris, I0 135,000135.0k $272.6k $272.6k 0.00% Unchanged
35 NOMURA HOLDINGS INC 0.67% of their portfolio TOKYO, M0 129,567129.6k $75.2m $75.2m 0.67% New
36 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 105,000105.0k $217.7k $217.7k 0.00% Reduced -3.0m -2,973,000
37 FIRST HAWAIIAN BANK 0.01% of their portfolio HONOLULU, HI 94,00094.0k $194.9k $194.9k 0.01% Unchanged
38 Fox Hill Wealth Management 0.13% of their portfolio DEDHAM, MA 80,00080.0k $166.3k $166.3k 0.13% First filing
39 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 42,00042.0k $87.3k $87.3k 0.00% New
40 Virtus Investment Advisers, LLC 0.04% of their portfolio HARTFORD, CT 28,00028.0k $58.0k $58.0k 0.04% New
41 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 18,00018.0k $37.5k $37.5k 0.00% New
42 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 13,00013.0k $26.9k $26.9k 0.00% Unchanged
43 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 9,0009.0k $19.0k $19.0k 0.00% Unchanged
44 LOOMIS SAYLES & CO L P 0.00% of their portfolio BOSTON, MA 5,2035.2k $3.0m $3.0m 0.00% Unchanged
45 COMERICA BANK 0.00% of their portfolio DALLAS, TX 1,0001.0k $2.1k $2.1k 0.00% Reduced -6.0k -6,000
46 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged