Vault-13

HUBSPOT INC HUBS 0.375 06.01.25

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

41 institutional holders -5 vs Q4 2023
32,073,97732.1m shares reported held*
$994.1mreported value*
6 new 7 added 17 reduced 11 sold out net sold ≈ $11.9m (-1.4m 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 ≈ $30.99.

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 47Q4 22: 42Q1 23: 47Q2 23: 44Q3 23: 43Q4 23: 46Q1 24: 4141Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202247
Q4 202242
Q1 202347
Q2 202344
Q3 202343
Q4 202346
Q1 202441

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 23Q1 24: 13 bought or addedQ1 24: 28 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222120
Q1 20232824
Q2 20231928
Q3 20231519
Q4 20231420
Q1 20241328

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. Added +30,150,000+30.1m
Balyasny Asset Management L.P. New +25,000,000+25.0m
MILLENNIUM MANAGEMENT LLC Added +21,286,000+21.3m
BANK OF NOVA SCOTIA New +10,000,000+10.0m
Linden Advisors LP New +9,000,000+9.0m
MIZUHO SECURITIES USA LLC New +1,000,000+1.0m
BlackRock Inc. Added +700,000+700.0k
VOYA INVESTMENT MANAGEMENT LLC Added +500,000+500.0k
Calamos Advisors LLC Added +58,000+58.0k
Virtus Investment Advisers, LLC New +32,000+32.0k

Biggest sellers

Opti Capital Management, LP Sold out -28,053,000-28.1m
BANK OF NOVA SCOTIA Sold out -14,430,000-14.4m
LORD, ABBETT & CO. LLC Reduced -12,324,000-12.3m
LAZARD ASSET MANAGEMENT LLC Reduced -10,154,000-10.2m
CAPSTONE INVESTMENT ADVISORS, LLC Sold out -7,500,000-7.5m
MORGAN STANLEY Reduced -7,286,000-7.3m
CITADEL ADVISORS LLC Reduced -6,589,000-6.6m
Warberg Asset Management LLC Sold out -4,592,000-4.6m
Walleye Capital LLC Sold out -2,900,000-2.9m
FRANKLIN RESOURCES INC Reduced -2,651,000-2.7m

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 2.52% of their portfolio NEW YORK, NY 70,150,00070.2m $157.7m $157.7m 2.52% Added +30.1m +30,150,000
2 MILLENNIUM MANAGEMENT LLC 0.12% of their portfolio NEW YORK, NY 65,310,00065.3m $146.7m $146.7m 0.12% Added +21.3m +21,286,000
3 LAZARD ASSET MANAGEMENT LLC 0.17% of their portfolio NEW YORK, NY 63,143,00063.1m $141.7m $141.7m 0.17% Reduced -10.2m -10,154,000
4 CITADEL ADVISORS LLC 0.09% of their portfolio MIAMI, FL 42,500,00042.5m $95.4m $95.4m 0.09% Reduced -6.6m -6,589,000
5 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 27,849,00027.8m $62.5m $62.5m 0.02% Reduced -2.7m -2,651,000
6 Balyasny Asset Management L.P. 0.14% of their portfolio Chicago, IL 25,000,00025.0m $56.1m $56.1m 0.14% New
7 LORD, ABBETT & CO. LLC 0.08% of their portfolio JERSEY CITY, NJ 20,872,00020.9m $46.8m $46.8m 0.08% Reduced -12.3m -12,324,000
8 D. E. Shaw & Co., Inc. 0.05% of their portfolio New York, NY 15,953,00016.0m $35.8m $35.8m 0.05% Unchanged
9 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 11,000,00011.0m $24.5m $24.5m 0.01% Reduced -2.0m -2,000,000
10 BANK OF NOVA SCOTIA 0.05% of their portfolio TORONTO, A6 10,000,00010.0m $22.5m $22.5m 0.05% New
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,451,0009.5m $21.2m $21.2m 0.00% Reduced -450.0k -450,000
12 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 9,180,0009.2m $20.6m $20.6m 0.02% Added +500.0k +500,000
13 Linden Advisors LP 0.16% of their portfolio New York, NY 9,000,0009.0m $20.2m $20.2m 0.16% New
14 FMR LLC 0.00% of their portfolio BOSTON, MA 5,858,0005.9m $13.1m $13.1m 0.00% Reduced -239.0k -239,000
15 ADVENT CAPITAL MANAGEMENT /DE/ 0.25% of their portfolio NEW YORK, NY 4,310,0004.3m $9.7m $9.7m 0.25% Reduced -534.0k -534,000
16 BlackRock Inc. 0.00% of their portfolio New York, NY 3,814,0003.8m $8.6m $8.6m 0.00% Added +700.0k +700,000
17 SSI INVESTMENT MANAGEMENT LLC 0.54% of their portfolio Los Angeles, CA 3,182,0003.2m $7.1m $7.1m 0.54% Reduced -1.2m -1,151,000
18 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 2,897,0002.9m $6.5m $6.5m 0.01% Reduced -448.0k -448,000
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,490,0002.5m $5.6m $5.6m 0.00% Reduced -7.3m -7,286,000
20 AGF MANAGEMENT LTD 0.02% of their portfolio TORONTO, A6 1,300,0001.3m $2.9m $2.9m 0.02% Unchanged
21 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,175,0001.2m $2.6m $2.6m 0.00% Unchanged
22 MIZUHO SECURITIES USA LLC 0.05% of their portfolio NEW YORK, NY 1,000,0001.0m $2.2m $2.2m 0.05% New
23 CQS (US), LLC 0.51% of their portfolio NEW YORK, NY 877,000877.0k $2.0m $2.0m 0.51% Unchanged
24 GROUPAMA ASSET MANAGMENT 0.03% of their portfolio PARIS, I0 700,000700.0k $1.5m $1.5m 0.03% Unchanged
25 Quaero Capital S.A. 2.44% of their portfolio GENEVE, V8 700,000700.0k $1.6m $1.6m 2.44% Unchanged
26 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 221,000221.0k $496.0k $496.0k 0.00% Added +25.0k +25,000
27 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 208,000208.0k $463.4k $463.4k 0.00% Reduced -20.0k -20,000
28 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 200,000200.0k $445.5k $445.5k 0.00% Unchanged
29 Central Pacific Bank - Trust Division 0.05% of their portfolio HONOLULU, HI 169,000169.0k $384.9k $384.9k 0.05% First filing
30 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 149,000149.0k $334.9k $334.9k 0.00% Reduced -63.0k -63,000
31 Amundi 0.00% of their portfolio Paris, I0 135,000135.0k $312.1k $312.1k 0.00% Unchanged
32 NOMURA HOLDINGS INC 0.59% of their portfolio TOKYO, M0 116,351116.4k $72.9m $72.9m 0.59% Reduced -13.2k -13,216
33 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 100,000100.0k $224.7k $224.7k 0.00% Added +58.0k +58,000
34 Fox Hill Wealth Management 0.12% of their portfolio DEDHAM, MA 81,00081.0k $180.4k $180.4k 0.12% Added +1.0k +1,000
35 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 67,00067.0k $150.2k $150.2k 0.00% Reduced -27.0k -27,000
36 Virtus Investment Advisers, LLC 0.05% of their portfolio HARTFORD, CT 32,00032.0k $71.7k $71.7k 0.05% New
37 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 9,0009.0k $20.0k $20.0k 0.00% Unchanged
38 LOOMIS SAYLES & CO L P 0.00% of their portfolio BOSTON, MA 4,6264.6k $2.9m $2.9m 0.00% Reduced -577 -577
39 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 3,0003.0k $6.8k $6.8k 0.00% New
40 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,0001.0k $2.3k $2.3k 0.00% Reduced -17.0k -17,000
41 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged