Vault-13

HUBSPOT INC HUBS 0.375 06.01.25

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

42 institutional holders -3 vs Q4 2024
670,190670.2k shares reported held*
$630.7mreported value*
7 new 8 added 15 reduced 10 sold out net sold ≈ $221.2m (-12.7k 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 ≈ $941.03.

Trends to Q1 2025

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: 46Q4 24: 45Q1 25: 4242Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202247
Q4 202242
Q1 202347
Q2 202344
Q3 202343
Q4 202346
Q1 202441
Q2 202444
Q3 202446
Q4 202445
Q1 202542

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 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 24Q4 24: 20 bought or addedQ4 24: 17 cut or sold outQ1 25: 15 bought or addedQ1 25: 25 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20231928
Q3 20231519
Q4 20231420
Q1 20241328
Q2 20241917
Q3 20241726
Q4 20242017
Q1 20251525

Biggest buyers

Elequin Capital, LP New +13,473,000+13.5m
D. E. Shaw & Co., Inc. Added +13,236,000+13.2m
PIPER SANDLER & CO. New +8,714,000+8.7m
JPMORGAN CHASE & CO Added +3,780,000+3.8m
LORD, ABBETT & CO. LLC Added +3,229,000+3.2m
MORGAN STANLEY New +2,109,000+2.1m
Universal- Beteiligungs- und Servicegesellschaft mbH New +802,000+802.0k
CITIGROUP INC Added +535,000+535.0k
AGF MANAGEMENT LTD Added +350,000+350.0k
JANE STREET GROUP, LLC New +337,000+337.0k

Biggest sellers

BANK OF NOVA SCOTIA Sold out -59,837,000-59.8m
MILLENNIUM MANAGEMENT LLC Sold out -32,519,000-32.5m
Balyasny Asset Management L.P. Sold out -28,453,000-28.5m
LAZARD ASSET MANAGEMENT LLC Reduced -15,223,000-15.2m
VOYA INVESTMENT MANAGEMENT LLC Reduced -7,910,000-7.9m
Warberg Asset Management LLC Sold out -3,614,000-3.6m
FRANKLIN RESOURCES INC Reduced -2,581,000-2.6m
STATE STREET CORP Reduced -2,442,000-2.4m
TENOR CAPITAL MANAGEMENT Co., L.P. Reduced -1,000,000-1.0m
SSI INVESTMENT MANAGEMENT LLC Reduced -907,000-907.0k

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 3.32% of their portfolio NEW YORK, NY 111,020,000111.0m $232.7m $232.7m 3.32% Reduced -1.0m -1,000,000
2 LAZARD ASSET MANAGEMENT LLC 0.13% of their portfolio NEW YORK, NY 41,223,00041.2m $83.1m $83.1m 0.13% Reduced -15.2m -15,223,000
3 D. E. Shaw & Co., Inc. 0.06% of their portfolio New York, NY 26,496,00026.5m $53.4m $53.4m 0.06% Added +13.2m +13,236,000
4 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 19,500,00019.5m $39.3m $39.3m 0.01% Reduced -2.6m -2,581,000
5 Elequin Capital, LP 5.10% of their portfolio NEW YORK, NY 13,473,00013.5m $27.1m $27.1m 5.10% New
6 PIPER SANDLER & CO. 13.13% of their portfolio MINNEAPOLIS, MN 8,714,0008.7m $17.5m $17.5m 13.13% New
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 7,804,0007.8m $15.7m $15.7m 0.00% Reduced -2.4m -2,442,000
8 LORD, ABBETT & CO. LLC 0.06% of their portfolio JERSEY CITY, NJ 7,719,0007.7m $15.6m $15.6m 0.06% Added +3.2m +3,229,000
9 Man Group plc 0.04% of their portfolio LONDON, X0 7,208,0007.2m $14.5m $14.5m 0.04% Unchanged
10 FMR LLC 0.00% of their portfolio BOSTON, MA 5,881,0005.9m $11.8m $11.8m 0.00% Reduced -67.0k -67,000
11 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 4,590,0004.6m $9.2m $9.2m 0.01% Reduced -7.9m -7,910,000
12 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,864,0003.9m $7.8m $7.8m 0.00% Reduced -400.0k -400,000
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,796,0003.8m $10.0m $10.0m 0.00% Added +3.8m +3,780,000
14 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 3,606,0003.6m $7.3m $7.3m 0.01% First filing
15 Mint Tower Capital Management B.V. 2.10% of their portfolio AMSTERDAM, P7 2,847,0002.8m $5.6m $5.6m 2.10% Unchanged
16 ADVENT CAPITAL MANAGEMENT /DE/ 0.11% of their portfolio NEW YORK, NY 2,476,0002.5m $5.0m $5.0m 0.11% Added +252.0k +252,000
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,109,0002.1m $4.2m $4.2m 0.00% New
18 SSI INVESTMENT MANAGEMENT LLC 0.30% of their portfolio Los Angeles, CA 1,911,0001.9m $3.8m $3.8m 0.30% Reduced -907.0k -907,000
19 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 1,000,0001.0m $2.0m $2.0m 0.01% Added +350.0k +350,000
20 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 802,000802.0k $1.6m $1.6m 0.00% New
21 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 777,000777.0k $1.6m $1.6m 0.00% Unchanged
22 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 750,000750.0k $1.5m $1.5m 0.00% Reduced -500.0k -500,000
23 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 635,000635.0k $1.3m $1.3m 0.00% Added +535.0k +535,000
24 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 500,000500.0k $993.0k $993.0k 0.00% Unchanged
25 Quaero Capital S.A. 1.17% of their portfolio GENEVE, V8 400,000400.0k $821.4k $821.4k 1.17% Reduced -300.0k -300,000
26 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 337,000337.0k $683.0k $683.0k 0.00% New
27 AXA S.A. 0.00% of their portfolio PARIS, I0 325,000325.0k $644.7k $644.7k 0.00% Reduced -100.0k -100,000
28 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 234,000234.0k $471.5k $471.5k 0.00% Unchanged
29 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 150,000150.0k $301.9k $301.9k 0.00% Unchanged
30 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 121,000121.0k $243.9k $243.9k 0.00% Added +70.0k +70,000
31 Central Pacific Bank - Trust Division 0.03% of their portfolio HONOLULU, HI 106,000106.0k $213.3k $213.3k 0.03% Reduced -54.0k -54,000
32 NOMURA HOLDINGS INC 0.28% of their portfolio TOKYO, M0 93,19093.2k $53.2m $53.2m 0.28% Reduced -558 -558
33 Amundi 0.00% of their portfolio Paris, I0 85,00085.0k $158.0k $158.0k 0.00% Unchanged
34 Fox Hill Wealth Management 0.09% of their portfolio DEDHAM, MA 76,00076.0k $150.9k $150.9k 0.09% Reduced -3.0k -3,000
35 VIRTUS ADVISERS, LLC 0.05% of their portfolio HARTFORD, CT 39,00039.0k $78.5k $78.5k 0.05% New
36 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 22,00022.0k $43.6k $43.6k 0.00% Added +21.0k +21,000
37 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,6002.6k $5.2k $5.2k 0.00% Reduced -499.0k -499,000
38 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 1,0001.0k $2.0k $2.0k 0.00% Unchanged
39 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 1,0001.0k $201.2k $201.2k 0.00% Unchanged
40 Alken Asset Management Ltd 1.35% of their portfolio LONDON, X0 420420 $834.0k $834.0k 1.35% Unchanged
41 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged
42 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 00 $0 $0 0.00% New