Vault-13

JAZZ INVESTMENTS I LTD JAZZ 2 06.15.26

NOTE 2.000% 6/1 · US DOMESTIC · CUSIP 472145AF8

76 institutional holders -1 vs Q1 2024
38,371,61038.4m shares reported held*
$1.2bnreported value*
11 new 13 added 33 reduced 11 sold out net sold ≈ $50.9m (+3.6m 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 ($695.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $31.35.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 61Q4 22: 63Q1 23: 62Q2 23: 62Q3 23: 64Q4 23: 68Q1 24: 77Q2 24: 7676Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202261
Q4 202263
Q1 202362
Q2 202362
Q3 202364
Q4 202368
Q1 202477
Q2 202476

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 22: 26 bought or addedQ4 22: 19 cut or sold outQ4 22Q1 23: 24 bought or addedQ1 23: 23 cut or sold outQ2 23: 22 bought or addedQ2 23: 28 cut or sold outQ2 23Q3 23: 19 bought or addedQ3 23: 22 cut or sold outQ4 23: 25 bought or addedQ4 23: 31 cut or sold outQ4 23Q1 24: 32 bought or addedQ1 24: 27 cut or sold outQ2 24: 24 bought or addedQ2 24: 44 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222619
Q1 20232423
Q2 20232228
Q3 20231922
Q4 20232531
Q1 20243227
Q2 20242444

Biggest buyers

FRANKLIN RESOURCES INC Added +31,431,000+31.4m
Radcliffe Capital Management, L.P. New +30,940,000+30.9m
TENOR CAPITAL MANAGEMENT Co., L.P. New +21,000,000+21.0m
Invesco Ltd. Added +11,348,000+11.3m
M&G PLC Added +7,558,000+7.6m
CITADEL ADVISORS LLC New +6,920,000+6.9m
WELLS FARGO & COMPANY/MN Added +5,513,000+5.5m
Flow State Investments, L.P. Added +4,086,000+4.1m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Added +3,200,000+3.2m
ARISTEIA CAPITAL, L.L.C. New +3,000,000+3.0m

Biggest sellers

ADVENT CAPITAL MANAGEMENT /DE/ Reduced -23,686,000-23.7m
MORGAN STANLEY Reduced -23,630,000-23.6m
Mirabaud Asset Management (France) SAS Sold out -22,400,000-22.4m
Centiva Capital, LP Sold out -10,000,000-10.0m
Polar Asset Management Partners Inc. Sold out -10,000,000-10.0m
ZAZOVE ASSOCIATES LLC Reduced -8,110,000-8.1m
BANK OF AMERICA CORP /DE/ Reduced -7,667,000-7.7m
Jefferies Financial Group Inc. Reduced -7,512,000-7.5m
VICTORY CAPITAL MANAGEMENT INC Reduced -6,500,000-6.5m
JPMORGAN CHASE & CO Reduced -5,814,000-5.8m

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.17% of their portfolio ATLANTA, GA 180,940,000180.9m $174.5m $174.5m 0.17% Unchanged
2 ZAZOVE ASSOCIATES LLC 4.70% of their portfolio INCLINE VILLAGE, NV 84,160,00084.2m $81.1m $81.1m 4.70% Reduced -8.1m -8,110,000
3 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 69,761,00069.8m $67.3m $67.3m 0.02% Added +31.4m +31,431,000
4 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 54,532,00054.5m $52.4m $52.4m 0.01% Added +11.3m +11,348,000
5 Calamos Advisors LLC 0.23% of their portfolio NAPERVILLE, IL 49,739,00049.7m $48.0m $48.0m 0.23% Reduced -4.5m -4,500,000
6 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 47,000,00047.0m $45.3m $45.3m 0.04% Reduced -5.0m -5,000,000
7 LAZARD ASSET MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 38,869,00038.9m $37.5m $37.5m 0.05% Unchanged
8 M&G PLC 0.21% of their portfolio London, X0 36,600,00036.6m $35.1m $35.1m 0.21% Added +7.6m +7,558,000
9 Radcliffe Capital Management, L.P. 5.84% of their portfolio BALA CYNWYD, PA 30,940,00030.9m $29.7m $29.7m 5.84% New
10 Wellesley Asset Management 2.93% of their portfolio PORTSMOUTH, NH 28,590,47128.6m $27.7m $27.7m 2.93% Reduced -1.0m -1,039,529
11 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 21,243,00021.2m $20.4m $20.4m 0.02% Unchanged
12 TENOR CAPITAL MANAGEMENT Co., L.P. 0.32% of their portfolio NEW YORK, NY 21,000,00021.0m $20.3m $20.3m 0.32% New
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 19,930,00019.9m $19.2m $19.2m 0.00% Reduced -900.0k -900,000
14 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 18,840,00018.8m $18.1m $18.1m 0.04% Added +1.6m +1,585,000
15 Flow State Investments, L.P. 4.58% of their portfolio CHICAGO, IL 15,000,00015.0m $14.5m $14.5m 4.58% Added +4.1m +4,086,000
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 12,373,00012.4m $11.9m $11.9m 0.00% Reduced -23.6m -23,630,000
17 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 12,000,00012.0m $11.5m $11.5m 0.00% Reduced -1.1m -1,100,000
18 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 12,000,00012.0m $11.6m $11.6m 0.01% Reduced -1.0m -1,000,000
19 SONA ASSET MANAGEMENT (US) LLC 0.94% of their portfolio NEW YORK, NY 12,000,00012.0m $11.6m $11.6m 0.94% Reduced -5.0m -5,000,000
20 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 10,311,00010.3m $9.9m $9.9m 0.00% Reduced -540.0k -540,000
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 10,291,00010.3m $9.9m $9.9m 0.00% Reduced -7.7m -7,667,000
22 ADVENT CAPITAL MANAGEMENT /DE/ 0.24% of their portfolio NEW YORK, NY 10,249,00010.2m $9.9m $9.9m 0.24% Reduced -23.7m -23,686,000
23 Lombard Odier Asset Management (Europe) Ltd 0.48% of their portfolio LONDON, X0 10,178,00010.2m $9.8m $9.8m 0.48% Reduced -4.9m -4,900,000
24 FMR LLC 0.00% of their portfolio BOSTON, MA 8,740,0008.7m $8.4m $8.4m 0.00% Reduced -400.0k -400,000
25 SHENKMAN CAPITAL MANAGEMENT INC 0.75% of their portfolio NEW YORK, NY 8,561,0008.6m $8.7m $8.7m 0.75% Added +425.0k +425,000
26 BlackRock Inc. 0.00% of their portfolio New York, NY 8,500,0008.5m $8.2m $8.2m 0.00% Unchanged
27 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 8,457,0008.5m $8.2m $8.2m 0.00% Added +5.5m +5,513,000
28 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 8,100,0008.1m $7.8m $7.8m 0.00% Reduced -3.1m -3,100,000
29 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 8,032,0008.0m $7.8m $7.8m 0.00% Added +1.3m +1,342,000
30 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio Paris, I0 7,900,0007.9m $7.6m $7.6m 0.02% Added +3.2m +3,200,000
31 OSTERWEIS CAPITAL MANAGEMENT INC 0.35% of their portfolio SAN FRANCISCO, CA 7,000,0007.0m $6.7m $6.7m 0.35% Unchanged
32 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 6,920,0006.9m $6.7m $6.7m 0.01% New
33 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 6,172,0006.2m $5.9m $5.9m 0.01% Added +475.0k +475,000
34 FLOSSBACH VON STORCH SE 0.02% of their portfolio COLOGNE, 2M 6,150,0006.2m $5.9m $5.9m 0.02% Reduced -1.7m -1,700,000
35 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 6,000,0006.0m $5.8m $5.8m 0.01% Reduced -6.5m -6,500,000
36 ABSOLUTE INVESTMENT ADVISERS, LLC 0.86% of their portfolio ROSEMARY BEACH, FL 6,000,0006.0m $5.8m $5.8m 0.86% Unchanged
37 CSS LLC/IL 0.42% of their portfolio CHICAGO, IL 5,950,0006.0m $5.7m $5.7m 0.42% Reduced -2.0m -2,050,000
38 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 5,000,0005.0m $4.8m $4.8m 0.01% Reduced -4.4m -4,360,000
39 Man Group plc 0.01% of their portfolio LONDON, X0 4,692,0004.7m $4.5m $4.5m 0.01% Reduced -1.7m -1,700,000
40 SSI INVESTMENT MANAGEMENT LLC 0.34% of their portfolio Los Angeles, CA 4,610,0004.6m $4.4m $4.4m 0.34% Reduced -65.0k -65,000
41 Cutler Capital Management, LLC 1.70% of their portfolio WORCESTER, MA 4,535,0004.5m $4.4m $4.4m 1.70% Added +340.0k +340,000
42 RWC Asset Management LLP 0.29% of their portfolio LONDON, X0 4,200,0004.2m $4.1m $4.1m 0.29% Reduced -2.5m -2,500,000
43 CONNING INC. 0.14% of their portfolio HARTFORD, CT 4,050,0004.0m $3.9m $3.9m 0.14% Unchanged
44 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 4,047,0004.0m $3.9m $3.9m 0.00% Reduced -851.0k -851,000
45 Jefferies Financial Group Inc. 0.07% of their portfolio NEW YORK, NY 3,929,0003.9m $3.8m $3.8m 0.07% Reduced -7.5m -7,512,000
46 PALISADE CAPITAL MANAGEMENT, LP 0.09% of their portfolio FORT LEE, NJ 3,560,0003.6m $3.4m $3.4m 0.09% Unchanged
47 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 3,000,0003.0m $2.9m $2.9m 0.00% Reduced -1.0m -1,000,000
48 ARISTEIA CAPITAL, L.L.C. 0.11% of their portfolio GREENWICH, CT 3,000,0003.0m $2.9m $2.9m 0.11% New
49 GABELLI FUNDS LLC 0.02% of their portfolio Rye, NY 2,800,0002.8m $2.7m $2.7m 0.02% New
50 WESTWOOD HOLDINGS GROUP INC 1.12% of their portfolio DALLAS, TX 2,500,0002.5m $240.1m $240.1m 1.12% Unchanged
51 Liberty Mutual Group Asset Management Inc. 0.31% of their portfolio Boston, MA 2,170,0002.2m $2.1m $2.1m 0.31% Reduced -300.0k -300,000
52 Kohlberg Kravis Roberts & Co. L.P. 0.06% of their portfolio NEW YORK, NY 2,105,0002.1m $2.0m $2.0m 0.06% Added +1.3m +1,306,000
53 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 2,019,0002.0m $1.9m $1.9m 0.00% New
54 Warberg Asset Management LLC 0.51% of their portfolio WINNETKA, IL 2,005,0002.0m $1.9m $1.9m 0.51% Added +5.0k +5,000
55 CHARTWELL INVESTMENT PARTNERS, LLC 0.07% of their portfolio BERYWN, PA 2,000,0002.0m $1.9m $1.9m 0.07% Unchanged
56 CQS (US), LLC 0.33% of their portfolio NEW YORK, NY 1,250,0001.2m $1.2m $1.2m 0.33% Unchanged
57 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,084,0001.1m $1.0m $1.0m 0.00% Reduced -5.8m -5,814,000
58 EDMOND DE ROTHSCHILD HOLDING S.A. 0.01% of their portfolio CHAMBESY, V8 805,000805.0k $776.2k $776.2k 0.01% Reduced -2.0m -2,030,000
59 Paloma Partners Management Co 0.06% of their portfolio GREENWICH, CT 720,000720.0k $695.1k $695.1k 0.06% Reduced -400.0k -400,000
60 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 650,000650.0k $627.1k $627.1k 0.00% Unchanged
61 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 605,000605.0k $583.4k $583.4k 0.00% Unchanged
62 UBS Group AG 0.00% of their portfolio ZURICH, V8 500,000500.0k $480.2k $480.2k 0.00% New
63 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 354,000354.0k $340.0k $340.0k 0.00% Reduced -2.6m -2,633,000
64 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $289.6k $289.6k 0.00% Unchanged
65 Central Pacific Bank - Trust Division 0.03% of their portfolio HONOLULU, HI 238,000238.0k $228.6k $228.6k 0.03% Unchanged
66 AQR Arbitrage LLC 0.01% of their portfolio Greenwich, CT 205,000205.0k $197.7k $197.7k 0.01% New
67 KBC Group NV 0.00% of their portfolio Brussels, C9 200,000200.0k $193.0k $193.0k 0.00% Unchanged
68 Teton Advisors, Inc. 0.08% of their portfolio Rye, NY 200,000200.0k $192.8k $192.8k 0.08% New
69 LOOMIS SAYLES & CO L P 0.02% of their portfolio BOSTON, MA 155,610155.6k $16.6m $16.6m 0.02% New
70 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 143,000143.0k $138.0k $138.0k 0.00% Reduced -2.7m -2,661,000
71 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 78,00078.0k $74.9k $74.9k 0.00% Reduced -12.0k -12,000
72 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 8,4008.4k $808.0k $808.0k 0.01% Reduced -7.6k -7,580
73 Alpine Global Management, LLC 1.00% of their portfolio NEW YORK, NY 6,0006.0k $5.8m $5.8m 1.00% New
74 Candriam S.C.A. 0.00% of their portfolio STRASSEN, N4 800800 $773.0k $773.0k 0.00% Unchanged
75 Alken Asset Management Ltd 0.01% of their portfolio LONDON, X0 600600 $575 $575 0.01% Unchanged
76 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged