Vault-13

LENDINGTREE INC TREE 0.5 07.15.25

NOTE 0.500% 7/1 · US DOMESTIC · CUSIP 52603BAD9

44 institutional holders -3 vs Q4 2022
13,024,00013.0m shares reported held*
$283.4mreported value*
9 new 8 added 12 reduced 12 sold out net sold ≈ $109.1m (+5.1m 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 ≈ $21.76. Options: 0 managers hold calls (— notional), 2 hold puts ($20.6m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 52Q4 22: 47Q1 23: 4444Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202252
Q4 202247
Q1 202344

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 15 bought or addedQ4 22: 22 cut or sold outQ4 22Q1 23: 17 bought or addedQ1 23: 24 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221522
Q1 20231724

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30mQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $0Q4 22 puts: $3.3mQ4 22P/C —Q1 23 calls: $0Q1 23 puts: $20.6mQ1 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$3.3m—
Q1 2023$0$20.6m—

Biggest buyers

FMR LLC Added +27,875,000+27.9m
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) New +21,000,000+21.0m
SSI INVESTMENT MANAGEMENT LLC Added +7,787,000+7.8m
Luxor Capital Group, LP Added +7,408,000+7.4m
OAKTREE CAPITAL MANAGEMENT LP New +5,710,000+5.7m
JANE STREET GROUP, LLC New +5,175,000+5.2m
GABELLI FUNDS LLC Added +3,500,000+3.5m
SILVERBACK ASSET MANAGEMENT LLC Added +2,984,000+3.0m
JPMORGAN CHASE & CO Added +2,336,000+2.3m
Nuveen Asset Management, LLC New +2,000,000+2.0m

Biggest sellers

Apollo Management Holdings, L.P. Sold out -68,039,000-68.0m
Linden Advisors LP Reduced -34,400,000-34.4m
BNP PARIBAS FINANCIAL MARKETS Sold out -26,646,000-26.6m
ARISTEIA CAPITAL, L.L.C. Reduced -25,082,000-25.1m
LAZARD ASSET MANAGEMENT LLC Reduced -17,000,000-17.0m
LMR Partners LLP Sold out -12,000,000-12.0m
Anchorage Capital Group, L.L.C. Sold out -10,000,000-10.0m
AVIVA PLC Sold out -10,000,000-10.0m
HG Vora Capital Management, LLC Sold out -8,500,000-8.5m
STATE STREET CORP Reduced -5,600,000-5.6m

Biggest calls

None

Biggest puts

DAVIDSON KEMPNER PARTNERS First filing $10.3m13.8m shares
Davidson Kempner Capital Management LP Added $10.3m13.8m shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.00% of their portfolio BOSTON, MA 59,050,00059.0m $44.0m $44.0m 0.00% Added +27.9m +27,875,000
2 Linden Advisors LP 0.37% of their portfolio New York, NY 46,614,00046.6m $35.0m $35.0m 0.37% Reduced -34.4m -34,400,000
3 Luxor Capital Group, LP 2.78% of their portfolio NEW YORK, NY 45,400,00045.4m $33.9m $33.9m 2.78% Added +7.4m +7,408,000
4 ARISTEIA CAPITAL, L.L.C. 0.56% of their portfolio GREENWICH, CT 29,534,00029.5m $22.2m $22.2m 0.56% Reduced -25.1m -25,082,000
5 LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 29,000,00029.0m $21.8m $21.8m 0.03% Reduced -17.0m -17,000,000
6 OSTERWEIS CAPITAL MANAGEMENT INC 1.43% of their portfolio SAN FRANCISCO, CA 28,017,00028.0m $21.0m $21.0m 1.43% Unchanged
7 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.38% of their portfolio CHICAGO, IL 21,000,00021.0m $15.8m $15.8m 0.38% New
8 AQR Arbitrage LLC 0.40% of their portfolio Greenwich, CT 17,587,00017.6m $13.2m $13.2m 0.40% Reduced -5.5m -5,515,000
9 SILVERBACK ASSET MANAGEMENT LLC 1.68% of their portfolio DURHAM, NC 14,000,00014.0m $10.5m $10.5m 1.68% Added +3.0m +2,984,000
10 CORBYN INVESTMENT MANAGEMENT INC/MD 4.11% of their portfolio Lutherville, MD 13,767,00013.8m $10.3m $10.3m 4.11% Reduced -261.0k -261,000
11 SSI INVESTMENT MANAGEMENT LLC 0.66% of their portfolio Los Angeles, CA 12,537,00012.5m $9.4m $9.4m 0.66% Added +7.8m +7,787,000
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 8,584,0008.6m $6.4m $6.4m 0.00% Reduced -5.6m -5,600,000
13 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio Paris, I0 7,000,0007.0m $5.3m $5.3m 0.02% Unchanged
14 OAKTREE CAPITAL MANAGEMENT LP 0.05% of their portfolio LOS ANGELES, CA 5,710,0005.7m $4.3m $4.3m 0.05% New
15 GABELLI FUNDS LLC 0.03% of their portfolio Rye, NY 5,550,0005.5m $4.2m $4.2m 0.03% Added +3.5m +3,500,000
16 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 5,175,0005.2m $3.9m $3.9m 0.01% New
17 AGF MANAGEMENT LTD 0.03% of their portfolio TORONTO, A6 4,900,0004.9m $3.7m $3.7m 0.03% Reduced -1.0m -1,000,000
18 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.18% of their portfolio EDINA, MN 3,825,0003.8m $2.9m $2.9m 0.18% Reduced -365.0k -365,000
19 CAPSTONE INVESTMENT ADVISORS, LLC 0.08% of their portfolio NEW YORK, NY 3,429,0003.4m $2.6m $2.6m 0.08% Reduced -1.0m -1,000,000
20 Fore Capital, LLC 3.50% of their portfolio New York, NY 3,000,0003.0m $2.3m $2.3m 3.50% Reduced -1.0m -1,000,000
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,864,0002.9m $2.2m $2.2m 0.00% Added +2.3m +2,336,000
22 BlackRock Inc. 0.00% of their portfolio New York, NY 2,286,0002.3m $1.7m $1.7m 0.00% Reduced -2.5m -2,475,000
23 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,000,0002.0m $1.5m $1.5m 0.00% Added +1.2m +1,250,000
24 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 2,000,0002.0m $1.5m $1.5m 0.00% New
25 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,290,0001.3m $970.0k $970.0k 0.00% New
26 RiverPark Advisors, LLC 0.62% of their portfolio NEW YORK, NY 1,229,0001.2m $922.7k $922.7k 0.62% New
27 FINANCIAL CONSULATE, INC 0.14% of their portfolio HUNT VALLEY, MD 542,000542.0k $407.2k $407.2k 0.14% Unchanged
28 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 500,000500.0k $372.9k $372.9k 0.00% Unchanged
29 Teton Advisors, Inc. 0.10% of their portfolio Rye, NY 500,000500.0k $375.4k $375.4k 0.10% Added +250.0k +250,000
30 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 400,000400.0k $300.4k $300.4k 0.00% Unchanged
31 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $150.5k $150.5k 0.00% Unchanged
32 Seelaus Asset Management LLC 0.10% of their portfolio CHATHAM, NJ 180,000180.0k $135.0k $135.0k 0.10% Unchanged
33 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 156,000156.0k $116.3k $116.3k 0.00% New
34 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 150,000150.0k $111.9k $111.9k 0.00% Unchanged
35 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 109,000109.0k $82.0k $82.0k 0.00% Unchanged
36 EDMOND DE ROTHSCHILD HOLDING S.A. 0.00% of their portfolio CHAMBESY, V8 95,00095.0k $71.3k $71.3k 0.00% Unchanged
37 EMFO, LLC 0.06% of their portfolio WESTON, FL 91,00091.0k $68.4k $68.4k 0.06% Unchanged
38 CENTAURUS FINANCIAL, INC. 0.00% of their portfolio ANAHEIM, CA 50,00050.0k $37.0k $37.0k 0.00% New
39 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 30,00030.0k $22.5k $22.5k 0.00% Unchanged
40 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 19,00019.0k $14.3k $14.3k 0.00% Reduced -50.0k -50,000
41 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 16,00016.0k $11.9k $11.9k 0.00% Unchanged
42 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 16,00016.0k $12.0k $12.0k 0.00% New
43 180 WEALTH ADVISORS, LLC 0.00% of their portfolio FEDERAL WAY, WA 12,00012.0k $8.9k $8.9k 0.00% Unchanged
44 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged