Vault-13

LIVE NATION ENTERTAINMENT IN LYV 3.125 01.15.29

NOTE 3.125% 1/1 · US DOMESTIC · CUSIP 538034BA6

78 institutional holders +11 vs Q3 2024
43,084,94743.1m shares reported held*
$1.1bnreported value*
20 new 13 added 29 reduced 12 sold out net sold ≈ $257.1m (+7.2m 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 ≈ $26.07.

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

050100Q4 23: 1Q1 24: 72Q2 24: 69Q3 24: 67Q4 24: 7878Q4 23Q1 24Q2 24Q3 24Q4 24
Numbers
QuarterHolders
Q4 20231
Q1 202472
Q2 202469
Q3 202467
Q4 202478

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 24: 70 bought or addedQ1 24: 1 cut or sold outQ1 24Q2 24: 30 bought or addedQ2 24: 33 cut or sold outQ2 24Q3 24: 21 bought or addedQ3 24: 36 cut or sold outQ3 24Q4 24: 33 bought or addedQ4 24: 41 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2024701
Q2 20243033
Q3 20242136
Q4 20243341

Biggest buyers

Polar Asset Management Partners Inc. Added +35,000,000+35.0m
D. E. Shaw & Co., Inc. New +26,000,000+26.0m
Paloma Partners Management Co New +23,159,000+23.2m
Mint Tower Capital Management B.V. New +16,500,000+16.5m
TENOR CAPITAL MANAGEMENT Co., L.P. New +13,809,000+13.8m
Alberta Investment Management Corp Added +12,500,000+12.5m
CITADEL ADVISORS LLC Added +11,000,000+11.0m
Nuveen Asset Management, LLC New +10,000,000+10.0m
Aequim Alternative Investments LP New +9,000,000+9.0m
Sculptor Capital LP New +7,500,000+7.5m

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Sold out -94,890,000-94.9m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -53,457,000-53.5m
JPMORGAN CHASE & CO Reduced -41,001,000-41.0m
MacKay Shields LLC Reduced -35,152,000-35.2m
Linden Advisors LP Reduced -28,373,000-28.4m
AQR Arbitrage LLC Sold out -23,400,000-23.4m
Lombard Odier Asset Management (Europe) Ltd Sold out -19,641,000-19.6m
BANK OF MONTREAL /CAN/ Reduced -13,483,000-13.5m
Calamos Advisors LLC Reduced -12,057,000-12.1m
AMERIPRISE FINANCIAL INC Sold out -10,500,000-10.5m

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Polar Asset Management Partners Inc. 2.02% of their portfolio TORONTO, A6 100,000,000100.0m $136.6m $136.6m 2.02% Added +35.0m +35,000,000
2 WOLVERINE ASSET MANAGEMENT LLC 1.85% of their portfolio CHICAGO, IL 75,884,00075.9m $103.7m $103.7m 1.85% Unchanged
3 LAZARD ASSET MANAGEMENT LLC 0.11% of their portfolio NEW YORK, NY 55,396,00055.4m $75.6m $75.6m 0.11% Added +3.2m +3,174,000
4 SUSQUEHANNA ADVISORS GROUP, INC. 1.96% of their portfolio BALA CYNWYD, PA 38,951,00039.0m $53.0m $53.0m 1.96% First filing
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 28,933,00028.9m $39.9m $39.9m 0.00% Reduced -41.0m -41,001,000
6 TWO SIGMA INVESTMENTS, LP 0.09% of their portfolio NEW YORK, NY 28,088,00028.1m $38.2m $38.2m 0.09% Added +3.5m +3,500,000
7 CAMDEN ASSET MANAGEMENT L P /CA 0.99% of their portfolio Los Angeles, CA 27,475,00027.5m $37.4m $37.4m 0.99% Reduced -2.5m -2,500,000
8 D. E. Shaw & Co., Inc. 0.04% of their portfolio New York, NY 26,000,00026.0m $35.5m $35.5m 0.04% New
9 Paloma Partners Management Co 2.11% of their portfolio GREENWICH, CT 23,159,00023.2m $32.0m $32.0m 2.11% New
10 MARSHALL WACE, LLP 0.04% of their portfolio LONDON, X0 23,000,00023.0m $31.4m $31.4m 0.04% Unchanged
11 Alberta Investment Management Corp 0.21% of their portfolio EDMONTON, A0 22,500,00022.5m $31.0m $31.0m 0.21% Added +12.5m +12,500,000
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 21,350,00021.4m $29.5m $29.5m 0.00% Added +1.6m +1,600,000
13 M&G PLC 0.18% of their portfolio London, X0 21,126,00021.1m $28.9m $28.9m 0.18% Reduced -6.2m -6,198,000
14 Clearbridge Investments, LLC 0.00% of their portfolio NEW YORK, NY 20,356,00020.4m $2.8m $2.8m 0.00% Unchanged
15 Thrivent Financial for Lutherans 0.05% of their portfolio Minneapolis, MN 17,750,00017.8m $24.2m $24.2m 0.05% Reduced -1.1m -1,065,000
16 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 17,500,00017.5m $23.9m $23.9m 0.02% Added +11.0m +11,000,000
17 FMR LLC 0.00% of their portfolio BOSTON, MA 16,554,00016.6m $22.5m $22.5m 0.00% Reduced -1.7m -1,683,000
18 Mint Tower Capital Management B.V. 5.96% of their portfolio AMSTERDAM, P7 16,500,00016.5m $22.5m $22.5m 5.96% New
19 Calamos Advisors LLC 0.10% of their portfolio NAPERVILLE, IL 15,912,00015.9m $21.7m $21.7m 0.10% Reduced -12.1m -12,057,000
20 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 15,500,00015.5m $21.2m $21.2m 0.02% Unchanged
21 TENOR CAPITAL MANAGEMENT Co., L.P. 0.27% of their portfolio NEW YORK, NY 13,809,00013.8m $19.1m $19.1m 0.27% New
22 BlackRock, Inc. 0.00% of their portfolio New York, NY 12,345,00012.3m $16.8m $16.8m 0.00% Added +4.1m +4,120,000
23 ADVENT CAPITAL MANAGEMENT /DE/ 0.39% of their portfolio NEW YORK, NY 12,324,00012.3m $16.8m $16.8m 0.39% Reduced -3.1m -3,068,000
24 ABSOLUTE INVESTMENT ADVISERS, LLC 1.76% of their portfolio ROSEMARY BEACH, FL 10,000,00010.0m $13.6m $13.6m 1.76% Unchanged
25 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 10,000,00010.0m $13.6m $13.6m 0.00% New
26 Linden Advisors LP 0.11% of their portfolio New York, NY 9,303,0009.3m $12.7m $12.7m 0.11% Reduced -28.4m -28,373,000
27 Aequim Alternative Investments LP 0.40% of their portfolio MILL VALLEY, CA 9,000,0009.0m $12.3m $12.3m 0.40% New
28 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 8,913,0008.9m $12.2m $12.2m 0.00% Reduced -691.0k -691,000
29 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 8,370,0008.4m $11.5m $11.5m 0.00% Reduced -7.6m -7,640,000
30 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 7,612,0007.6m $10.4m $10.4m 0.01% Reduced -13.5m -13,483,000
31 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 7,500,0007.5m $10.2m $10.2m 0.00% Reduced -375.0k -375,000
32 Sculptor Capital LP 0.16% of their portfolio New York, NY 7,500,0007.5m $10.2m $10.2m 0.16% New
33 OFI INVEST ASSET MANAGEMENT 0.19% of their portfolio ISSY LES MOULINEAUX, I0 6,100,0006.1m $8.1m $8.1m 0.19% First filing
34 WESTWOOD HOLDINGS GROUP INC 0.06% of their portfolio DALLAS, TX 5,987,0006.0m $8.3m $8.3m 0.06% Unchanged
35 MacKay Shields LLC 0.22% of their portfolio New York, NY 5,458,0005.5m $7.4m $7.4m 0.22% Reduced -35.2m -35,152,000
36 Union Bancaire Privee, UBP SA 0.11% of their portfolio GENEVA 1, V8 4,746,0004.7m $6.3m $6.3m 0.11% First filing
37 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 4,650,0004.7m $6.3m $6.3m 0.01% New
38 LORD, ABBETT & CO. LLC 0.02% of their portfolio JERSEY CITY, NJ 4,625,0004.6m $6.3m $6.3m 0.02% New
39 Man Group plc 0.02% of their portfolio LONDON, X0 4,600,0004.6m $6.3m $6.3m 0.02% Reduced -1.7m -1,710,000
40 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,554,0004.6m $6.2m $6.2m 0.00% Added +2.9m +2,935,000
41 CAPSTONE INVESTMENT ADVISORS, LLC 0.06% of their portfolio NEW YORK, NY 4,500,0004.5m $6.1m $6.1m 0.06% New
42 SSI INVESTMENT MANAGEMENT LLC 0.45% of their portfolio Los Angeles, CA 4,412,0004.4m $6.0m $6.0m 0.45% Reduced -350.0k -350,000
43 Parallax Volatility Advisers, L.P. 0.13% of their portfolio San Francisco, CA 4,200,0004.2m $5.7m $5.7m 0.13% New
44 PALISADE CAPITAL MANAGEMENT, LP 0.14% of their portfolio FORT LEE, NJ 3,757,0003.8m $5.1m $5.1m 0.14% Added +2.5m +2,450,000
45 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 3,559,0003.6m $4.9m $4.9m 0.01% New
46 RWC Asset Management LLP 0.21% of their portfolio LONDON, X0 3,100,0003.1m $4.2m $4.2m 0.21% Reduced -900.0k -900,000
47 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,155,0002.2m $2.9m $2.9m 0.00% Reduced -730.0k -730,000
48 Warberg Asset Management LLC 0.76% of their portfolio WINNETKA, IL 2,006,0002.0m $2.7m $2.7m 0.76% New
49 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,817,0001.8m $2.5m $2.5m 0.00% Added +1.6m +1,590,000
50 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,642,0001.6m $2.2m $2.2m 0.00% Reduced -1.8m -1,769,000
51 Kohlberg Kravis Roberts & Co. L.P. 0.03% of their portfolio NEW YORK, NY 758,000758.0k $1.0m $1.0m 0.03% Added +60.0k +60,000
52 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 750,000750.0k $1.0m $1.0m 0.00% Added +450.0k +450,000
53 AGF MANAGEMENT LTD 0.00% of their portfolio TORONTO, A6 700,000700.0k $952.4k $952.4k 0.00% Reduced -325.0k -325,000
54 Calamos Wealth Management LLC 0.04% of their portfolio NAPERVILLE, IL 585,000585.0k $798.9k $798.9k 0.04% Reduced -28.0k -28,000
55 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 562,000562.0k $765.8k $765.8k 0.01% New
56 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 540,000540.0k $736.7k $736.7k 0.00% Added +76.0k +76,000
57 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 493,000493.0k $682.2k $682.2k 0.00% Reduced -200.0k -200,000
58 SHENKMAN CAPITAL MANAGEMENT INC 0.05% of their portfolio NEW YORK, NY 446,000446.0k $614.9k $614.9k 0.05% Unchanged
59 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 422,000422.0k $574.2k $574.2k 0.00% Reduced -1.6m -1,629,000
60 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 418,000418.0k $571.0k $571.0k 0.00% Reduced -6.4m -6,361,000
61 SANDLER CAPITAL MANAGEMENT 0.06% of their portfolio NEW YORK, NY 250,000250.0k $340.1k $340.1k 0.06% Unchanged
62 KBC Group NV 0.00% of their portfolio Brussels, C9 200,000200.0k $276.0k $276.0k 0.00% Unchanged
63 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 156,000156.0k $212.3k $212.3k 0.00% Reduced -14.0k -14,000
64 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 150,000150.0k $204.8k $204.8k 0.00% Reduced -150.0k -150,000
65 NOMURA HOLDINGS INC 0.05% of their portfolio TOKYO, M0 67,92167.9k $8.8m $8.8m 0.05% Reduced -34.0k -33,960
66 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 47,00047.0k $63.9k $63.9k 0.00% Reduced -42.0k -42,000
67 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 46,00046.0k $62.6k $62.6k 0.00% Reduced -2.1m -2,091,000
68 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 30,00030.0k $41.1k $41.1k 0.01% Unchanged
69 Squarepoint Ops LLC 0.07% of their portfolio NEW YORK, NY 20,00020.0k $27.3m $27.3m 0.07% New
70 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 17,00017.0k $2.3m $2.3m 0.01% Unchanged
71 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 7,0007.0k $9.5k $9.5k 0.00% New
72 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 6,0006.0k $8.2k $8.2k 0.00% New
73 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 4,0004.0k $5.4k $5.4k 0.00% Unchanged
74 Cassady Schiller Wealth Management, LLC 0.00% of their portfolio CINCINNATI, OH 4,0004.0k $5.5k $5.5k 0.00% New
75 Boussard & Gavaudan Investment Management LLP 0.29% of their portfolio London, X0 2,5002.5k $3.5m $3.5m 0.29% New
76 Alpine Global Management, LLC 0.38% of their portfolio NEW YORK, NY 2,1262.1k $2.9m $2.9m 0.38% New
77 ODDO BHF ASSET MANAGEMENT SAS 0.03% of their portfolio PARIS, I0 400400 $552.2k $552.2k 0.03% Reduced -150 -150
78 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged