Vault-13

LENDINGTREE INC TREE 0.5 07.15.25

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

25 institutional holders -12 vs Q1 2024
132,000132.0k shares reported held*
$92.0mreported value*
1 new 5 added 6 reduced 12 sold out net sold ≈ $150.9m (-2.5m 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 ≈ $697.09. Options: 0 managers hold calls (— notional), 1 hold puts ($3.2m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 52Q4 22: 47Q1 23: 44Q2 23: 34Q3 23: 39Q4 23: 37Q1 24: 37Q2 24: 2525Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202252
Q4 202247
Q1 202344
Q2 202334
Q3 202339
Q4 202337
Q1 202437
Q2 202425

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 outQ2 23: 11 bought or addedQ2 23: 19 cut or sold outQ2 23Q3 23: 14 bought or addedQ3 23: 12 cut or sold outQ4 23: 14 bought or addedQ4 23: 14 cut or sold outQ4 23Q1 24: 12 bought or addedQ1 24: 19 cut or sold outQ2 24: 6 bought or addedQ2 24: 18 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221522
Q1 20231724
Q2 20231119
Q3 20231412
Q4 20231414
Q1 20241219
Q2 2024618

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ3 23 calls: $0Q3 23 puts: $0Q3 23P/C —Q4 23 calls: $0Q4 23 puts: $0Q4 23P/C —Q1 24 calls: $0Q1 24 puts: $0Q1 24P/C —Q2 24 calls: $0Q2 24 puts: $3.2mQ2 24P/C —
Numbers
QuarterCallsPutsP/C
Q3 2023$0$0—
Q4 2023$0$0—
Q1 2024$0$0—
Q2 2024$0$3.2m—

Biggest buyers

BlackRock Inc. Added +839,000+839.0k
BANK OF AMERICA CORP /DE/ Added +796,000+796.0k
OAKTREE CAPITAL MANAGEMENT LP Added +343,000+343.0k
Russell Investments Group, Ltd. Added +117,000+117.0k
Sunbelt Securities, Inc. New +25,000+25.0k
K2 PRINCIPAL FUND, L.P. Added +8,500+8.5k

Biggest sellers

Nuveen Asset Management, LLC Sold out -41,084,000-41.1m
SHENKMAN CAPITAL MANAGEMENT INC Sold out -23,635,000-23.6m
Luxor Capital Group, LP Sold out -22,700,000-22.7m
Anchorage Capital Advisors, L.P. Sold out -22,250,000-22.2m
FMR LLC Reduced -17,324,000-17.3m
Walleye Capital LLC Sold out -10,195,000-10.2m
AQR Arbitrage LLC Sold out -9,187,000-9.2m
Alden Global Capital LLC Sold out -7,882,000-7.9m
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Sold out -3,600,000-3.6m
STATE STREET CORP Reduced -3,184,000-3.2m

Biggest calls

None

Biggest puts

PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. New $3.2m3.5m 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 OSTERWEIS CAPITAL MANAGEMENT INC 1.35% of their portfolio SAN FRANCISCO, CA 28,017,00028.0m $26.1m $26.1m 1.35% Unchanged
2 Davidson Kempner Capital Management LP 0.31% of their portfolio New York, NY 20,000,00020.0m $18.5m $18.5m 0.31% Unchanged
3 SSI INVESTMENT MANAGEMENT LLC 0.64% of their portfolio Los Angeles, CA 8,828,0008.8m $8.3m $8.3m 0.64% Reduced -929.0k -929,000
4 Boundary Creek Advisors LP 3.35% of their portfolio TUCKAHOE, NY 7,600,0007.6m $7.0m $7.0m 3.35% Unchanged
5 FMR LLC 0.00% of their portfolio BOSTON, MA 5,705,0005.7m $5.3m $5.3m 0.00% Reduced -17.3m -17,324,000
6 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 5,000,0005.0m $4.7m $4.7m 0.01% Unchanged
7 AVIVA PLC 0.01% of their portfolio LONDON, X0 3,450,0003.5m $3.2m $3.2m 0.01% Unchanged
8 BlackRock Inc. 0.00% of their portfolio New York, NY 3,000,0003.0m $2.8m $2.8m 0.00% Added +839.0k +839,000
9 PALISADE CAPITAL MANAGEMENT, LP 0.05% of their portfolio FORT LEE, NJ 1,990,0002.0m $1.9m $1.9m 0.05% Reduced -4.0k -4,000
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,600,0001.6m $1.5m $1.5m 0.00% Reduced -3.2m -3,184,000
11 OAKTREE CAPITAL MANAGEMENT LP 0.02% of their portfolio LOS ANGELES, CA 1,069,0001.1m $995.5k $995.5k 0.02% Added +343.0k +343,000
12 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 811,000811.0k $750.2k $750.2k 0.00% Added +796.0k +796,000
13 Penn Mutual Asset Management 0.99% of their portfolio Conshohocken, PA 500,000500.0k $463.6k $463.6k 0.99% Unchanged
14 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 431,000431.0k $400.6k $400.6k 0.00% Added +117.0k +117,000
15 Seelaus Asset Management LLC 0.17% of their portfolio CHATHAM, NJ 180,000180.0k $166.6k $166.6k 0.17% Unchanged
16 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 150,000150.0k $138.8k $138.8k 0.00% Unchanged
17 Central Pacific Bank - Trust Division 0.01% of their portfolio HONOLULU, HI 119,000119.0k $110.1k $110.1k 0.01% Reduced -265.0k -265,000
18 EDMOND DE ROTHSCHILD HOLDING S.A. 0.00% of their portfolio CHAMBESY, V8 95,00095.0k $88.1k $88.1k 0.00% Unchanged
19 EMFO, LLC 0.08% of their portfolio WESTON, FL 91,00091.0k $84.5k $84.5k 0.08% Unchanged
20 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 55,00055.0k $50.9k $50.9k 0.00% Reduced -101.0k -101,000
21 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 25,00025.0k $23.1k $23.1k 0.00% New
22 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 16,00016.0k $14.8k $14.8k 0.00% Unchanged
23 180 WEALTH ADVISORS, LLC 0.00% of their portfolio FEDERAL WAY, WA 12,00012.0k $11.1k $11.1k 0.00% Unchanged
24 K2 PRINCIPAL FUND, L.P. 2.11% of their portfolio TORONTO, A6 10,22510.2k $9.6m $9.6m 2.11% Added +8.5k +8,500
25 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged