Vault-13

HUBSPOT INC HUBS 0.375 06.01.25

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

46 institutional holders +2 vs Q2 2024
38,651,69738.7m shares reported held*
$786.7mreported value*
12 new 5 added 16 reduced 10 sold out net sold ≈ $24.1m (+25.5m 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. Holder counts are more reliable. Implied quarter-end price ≈ $20.35.

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 47Q4 22: 42Q1 23: 47Q2 23: 44Q3 23: 43Q4 23: 46Q1 24: 41Q2 24: 44Q3 24: 4646Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 202247
Q4 202242
Q1 202347
Q2 202344
Q3 202343
Q4 202346
Q1 202441
Q2 202444
Q3 202446

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 outQ1 23: 28 bought or addedQ1 23: 24 cut or sold outQ1 23Q2 23: 19 bought or addedQ2 23: 28 cut or sold outQ3 23: 15 bought or addedQ3 23: 19 cut or sold outQ3 23Q4 23: 14 bought or addedQ4 23: 20 cut or sold outQ1 24: 13 bought or addedQ1 24: 28 cut or sold outQ1 24Q2 24: 19 bought or addedQ2 24: 17 cut or sold outQ3 24: 17 bought or addedQ3 24: 26 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222120
Q1 20232824
Q2 20231928
Q3 20231519
Q4 20231420
Q1 20241328
Q2 20241917
Q3 20241726

Biggest buyers

BANK OF NOVA SCOTIA New +30,000,000+30.0m
Man Group plc New +11,050,000+11.1m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +9,673,000+9.7m
MIZUHO SECURITIES USA LLC New +7,987,807+8.0m
MILLENNIUM MANAGEMENT LLC Added +7,065,000+7.1m
Balyasny Asset Management L.P. Added +6,953,000+7.0m
Crystalline Management Inc. New +4,000,000+4.0m
Mint Tower Capital Management B.V. New +2,847,000+2.8m
MORGAN STANLEY New +1,944,000+1.9m
BARCLAYS PLC New +1,224,000+1.2m

Biggest sellers

LAZARD ASSET MANAGEMENT LLC Reduced -23,500,000-23.5m
BANK OF NOVA SCOTIA Sold out -20,225,000-20.2m
LORD, ABBETT & CO. LLC Sold out -12,974,000-13.0m
CITADEL ADVISORS LLC Reduced -10,875,000-10.9m
VOYA INVESTMENT MANAGEMENT LLC Sold out -9,180,000-9.2m
BNP PARIBAS FINANCIAL MARKETS Reduced -7,828,000-7.8m
D. E. Shaw & Co., Inc. Reduced -6,693,000-6.7m
Warberg Asset Management LLC Reduced -1,943,000-1.9m
SSI INVESTMENT MANAGEMENT LLC Reduced -1,398,000-1.4m
GROUPAMA ASSET MANAGMENT Sold out -700,000-700.0k

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 2.11% of their portfolio NEW YORK, NY 79,823,00079.8m $150.4m $150.4m 2.11% Added +9.7m +9,673,000
2 MILLENNIUM MANAGEMENT LLC 0.12% of their portfolio NEW YORK, NY 74,039,00074.0m $139.4m $139.4m 0.12% Added +7.1m +7,065,000
3 LAZARD ASSET MANAGEMENT LLC 0.10% of their portfolio NEW YORK, NY 39,353,00039.4m $74.1m $74.1m 0.10% Reduced -23.5m -23,500,000
4 BANK OF NOVA SCOTIA 0.11% of their portfolio TORONTO, A6 30,000,00030.0m $56.7m $56.7m 0.11% New
5 Balyasny Asset Management L.P. 0.14% of their portfolio Chicago, IL 29,453,00029.5m $55.5m $55.5m 0.14% Added +7.0m +6,953,000
6 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 21,945,00021.9m $43.5m $43.5m 0.01% Reduced -386.0k -386,000
7 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 20,000,00020.0m $37.7m $37.7m 0.04% Reduced -10.9m -10,875,000
8 Man Group plc 0.06% of their portfolio LONDON, X0 11,050,00011.1m $20.8m $20.8m 0.06% New
9 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 9,260,0009.3m $17.4m $17.4m 0.02% Reduced -6.7m -6,693,000
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,196,0009.2m $17.3m $17.3m 0.00% Reduced -290.0k -290,000
11 MIZUHO SECURITIES USA LLC 0.19% of their portfolio NEW YORK, NY 7,987,8078.0m $17.5m $17.5m 0.19% New
12 ADVENT CAPITAL MANAGEMENT /DE/ 0.36% of their portfolio NEW YORK, NY 7,687,0007.7m $14.5m $14.5m 0.36% Added +581.0k +581,000
13 FMR LLC 0.00% of their portfolio BOSTON, MA 5,558,0005.6m $10.5m $10.5m 0.00% Reduced -65.0k -65,000
14 Crystalline Management Inc. 7.77% of their portfolio Montreal, Quebec, Z4 4,000,0004.0m $7.5m $7.5m 7.77% New
15 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,864,0003.9m $7.3m $7.3m 0.00% First filing
16 Warberg Asset Management LLC 1.77% of their portfolio WINNETKA, IL 3,435,0003.4m $6.5m $6.5m 1.77% Reduced -1.9m -1,943,000
17 SSI INVESTMENT MANAGEMENT LLC 0.41% of their portfolio Los Angeles, CA 2,929,0002.9m $5.5m $5.5m 0.41% Reduced -1.4m -1,398,000
18 Mint Tower Capital Management B.V. 1.80% of their portfolio AMSTERDAM, P7 2,847,0002.8m $5.4m $5.4m 1.80% New
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,944,0001.9m $3.7m $3.7m 0.00% New
20 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,425,0001.4m $2.7m $2.7m 0.00% Unchanged
21 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,224,0001.2m $2.3m $2.3m 0.00% New
22 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 972,000972.0k $1.8m $1.8m 0.00% Reduced -7.8m -7,828,000
23 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 777,000777.0k $1.5m $1.5m 0.00% New
24 Quaero Capital S.A. 1.60% of their portfolio GENEVE, V8 700,000700.0k $1.3m $1.3m 1.60% Unchanged
25 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 650,000650.0k $1.2m $1.2m 0.01% Reduced -425.0k -425,000
26 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 500,000500.0k $942.0k $942.0k 0.00% New
27 AXA S.A. 0.00% of their portfolio PARIS, I0 425,000425.0k $813.2k $813.2k 0.00% Reduced -425.0k -425,000
28 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 290,900290.9k $547.2k $547.2k 0.00% Added +90.0k +90,000
29 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 199,000199.0k $374.8k $374.8k 0.00% Reduced -20.0k -20,000
30 EDMOND DE ROTHSCHILD HOLDING S.A. 0.00% of their portfolio CHAMBESY, V8 160,000160.0k $301.2k $301.2k 0.00% Not comparable
31 Central Pacific Bank - Trust Division 0.04% of their portfolio HONOLULU, HI 160,000160.0k $301.0k $301.0k 0.04% Reduced -80.0k -80,000
32 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 150,000150.0k $282.1k $282.1k 0.00% Unchanged
33 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 149,000149.0k $280.7k $280.7k 0.00% Unchanged
34 Amundi 0.00% of their portfolio Paris, I0 85,00085.0k $160.1k $160.1k 0.00% Unchanged
35 Fox Hill Wealth Management 0.08% of their portfolio DEDHAM, MA 80,00080.0k $150.8k $150.8k 0.08% Unchanged
36 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 79,00079.0k $148.6k $148.6k 0.00% New
37 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 71,00071.0k $133.7k $133.7k 0.00% Reduced -54.0k -54,000
38 NOMURA HOLDINGS INC 0.23% of their portfolio TOKYO, M0 56,39056.4k $30.0m $30.0m 0.23% Reduced -61.3k -61,320
39 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 46,00046.0k $86.5k $86.5k 0.00% Reduced -24.0k -24,000
40 Virtus Investment Advisers, LLC 0.05% of their portfolio HARTFORD, CT 32,00032.0k $60.2k $60.2k 0.05% Unchanged
41 Boussard & Gavaudan Investment Management LLP 4.59% of their portfolio London, X0 26,50026.5k $50.2m $50.2m 4.59% New
42 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 9,0009.0k $17.0k $17.0k 0.00% Unchanged
43 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 3,0003.0k $5.7k $5.7k 0.00% Unchanged
44 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 1,0001.0k $1.9k $1.9k 0.00% Unchanged
45 Alken Asset Management Ltd 0.02% of their portfolio LONDON, X0 420420 $793 $793 0.02% New
46 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged