Vault-13

LUMENTUM HLDGS INC LITE 0.5 12.15.26

NOTE 0.500%12/1 · US DOMESTIC · CUSIP 55024UAD1

52 institutional holders -8 vs Q2 2025
11,079,77211.1m shares reported held*
$758.0mreported value*
10 new 9 added 22 reduced 17 sold out net sold ≈ $1.1bn (-2.3m 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 ≈ $68.41.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 81Q4 22: 86Q1 23: 78Q2 23: 85Q3 23: 89Q4 23: 94Q1 24: 85Q2 24: 78Q3 24: 67Q4 24: 62Q1 25: 62Q2 25: 60Q3 25: 5252Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202281
Q4 202286
Q1 202378
Q2 202385
Q3 202389
Q4 202394
Q1 202485
Q2 202478
Q3 202467
Q4 202462
Q1 202562
Q2 202560
Q3 202552

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 23: 29 bought or addedQ4 23: 33 cut or sold outQ1 24: 36 bought or addedQ1 24: 44 cut or sold outQ1 24Q2 24: 25 bought or addedQ2 24: 40 cut or sold outQ3 24: 18 bought or addedQ3 24: 39 cut or sold outQ3 24Q4 24: 25 bought or addedQ4 24: 33 cut or sold outQ1 25: 30 bought or addedQ1 25: 30 cut or sold outQ1 25Q2 25: 18 bought or addedQ2 25: 28 cut or sold outQ3 25: 19 bought or addedQ3 25: 39 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20232933
Q1 20243644
Q2 20242540
Q3 20241839
Q4 20242533
Q1 20253030
Q2 20251828
Q3 20251939

Biggest buyers

Sculptor Capital LP New +79,500,000+79.5m
WHITEBOX ADVISORS LLC Added +7,300,000+7.3m
SUSQUEHANNA ADVISORS GROUP, INC. New +4,000,000+4.0m
JPMORGAN CHASE & CO Added +3,182,000+3.2m
STATE OF WISCONSIN INVESTMENT BOARD New +3,000,000+3.0m
RWC Asset Management LLP New +1,745,000+1.7m
MORGAN STANLEY Added +1,025,000+1.0m
BANK OF AMERICA CORP /DE/ Added +592,000+592.0k
GOLDMAN SACHS GROUP INC New +580,000+580.0k
Situational Awareness LP New +417,600+417.6k

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Sold out -220,745,000-220.7m
LAZARD ASSET MANAGEMENT LLC Reduced -125,401,000-125.4m
STEELHEAD PARTNERS LLC Sold out -73,000,000-73.0m
Opti Capital Management, LP Sold out -66,500,000-66.5m
Linden Advisors LP Reduced -62,000,000-62.0m
Point72 Asset Management, L.P. Sold out -46,250,000-46.2m
BANK OF MONTREAL /CAN/ Sold out -34,992,000-35.0m
TENOR CAPITAL MANAGEMENT Co., L.P. Reduced -34,695,000-34.7m
Balyasny Asset Management L.P. Reduced -23,728,000-23.7m
STATE STREET CORP Reduced -10,250,000-10.2m

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.96% of their portfolio New York, NY 85,425,00085.4m $143.9m $143.9m 0.96% Reduced -62.0m -62,000,000
2 Sculptor Capital LP 1.84% of their portfolio New York, NY 79,500,00079.5m $133.9m $133.9m 1.84% New
3 TENOR CAPITAL MANAGEMENT Co., L.P. 1.24% of their portfolio NEW YORK, NY 56,148,00056.1m $94.8m $94.8m 1.24% Reduced -34.7m -34,695,000
4 Balyasny Asset Management L.P. 0.15% of their portfolio Chicago, IL 45,272,00045.3m $76.3m $76.3m 0.15% Reduced -23.7m -23,728,000
5 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 44,813,00044.8m $755.7k $755.7k 0.00% Reduced -125.4m -125,401,000
6 WHITEBOX ADVISORS LLC 0.81% of their portfolio MINNEAPOLIS, MN 25,800,00025.8m $43.4m $43.4m 0.81% Added +7.3m +7,300,000
7 Calamos Advisors LLC 0.08% of their portfolio NAPERVILLE, IL 12,047,00012.0m $20.3m $20.3m 0.08% Added +47.0k +47,000
8 SOROS FUND MANAGEMENT LLC 0.30% of their portfolio NEW YORK, NY 11,250,00011.2m $19.0m $19.0m 0.30% Unchanged
9 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 10,000,00010.0m $16.8m $16.8m 0.02% Reduced -500.0k -500,000
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,895,0009.9m $16.6m $16.6m 0.00% Reduced -10.2m -10,250,000
11 FMR LLC 0.00% of their portfolio BOSTON, MA 8,083,0008.1m $13.6m $13.6m 0.00% Reduced -4.7m -4,699,000
12 SSI INVESTMENT MANAGEMENT LLC 0.73% of their portfolio Los Angeles, CA 6,395,0006.4m $10.8m $10.8m 0.73% Reduced -547.0k -547,000
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 6,364,0006.4m $10.7m $10.7m 0.00% Added +3.2m +3,182,000
14 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 5,505,0005.5m $9.3m $9.3m 0.01% Reduced -3.9m -3,850,000
15 MacKay Shields LLC 0.28% of their portfolio New York, NY 4,909,0004.9m $8.3m $8.3m 0.28% Reduced -182.0k -182,000
16 BlackRock, Inc. 0.00% of their portfolio New York, NY 4,371,0004.4m $7.4m $7.4m 0.00% Reduced -4.5m -4,475,000
17 SUSQUEHANNA ADVISORS GROUP, INC. 0.00% of their portfolio BALA CYNWYD, PA 4,000,0004.0m $67.2k $67.2k 0.00% New
18 Sonora Investment Management Group, LLC 0.37% of their portfolio TUCSON, AZ 3,137,0003.1m $5.3m $5.3m 0.37% Reduced -250.0k -250,000
19 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 3,000,0003.0m $5.0m $5.0m 0.01% New
20 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,521,0002.5m $4.2m $4.2m 0.00% Added +592.0k +592,000
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,428,0002.4m $4.1m $4.1m 0.00% Added +1.0m +1,025,000
22 Pekin Hardy Strauss, Inc. 0.34% of their portfolio CHICAGO, IL 2,000,0002.0m $3.4m $3.4m 0.34% Unchanged
23 Jefferies Financial Group Inc. 0.03% of their portfolio NEW YORK, NY 1,902,0001.9m $3.2m $3.2m 0.03% Added +159.0k +159,000
24 OFI INVEST ASSET MANAGEMENT 0.05% of their portfolio ISSY LES MOULINEAUX, I0 1,800,0001.8m $2.6m $2.6m 0.05% Reduced -1.0m -1,000,000
25 RWC Asset Management LLP 0.14% of their portfolio LONDON, X0 1,745,0001.7m $2.9m $2.9m 0.14% New
26 Man Group plc 0.01% of their portfolio LONDON, X0 1,585,0001.6m $2.7m $2.7m 0.01% Reduced -3.4m -3,400,000
27 CONNING INC. 0.08% of their portfolio HARTFORD, CT 1,500,0001.5m $2.5m $2.5m 0.08% Reduced -1.5m -1,500,000
28 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,386,0001.4m $2.3m $2.3m 0.00% Reduced -37.0k -37,000
29 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,300,0001.3m $2.2m $2.2m 0.00% Reduced -200.0k -200,000
30 ABSOLUTE INVESTMENT ADVISERS, LLC 0.21% of their portfolio ROSEMARY BEACH, FL 1,000,0001.0m $1.7m $1.7m 0.21% Unchanged
31 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 844,000844.0k $1.4m $1.4m 0.00% Reduced -2.1m -2,132,000
32 KORNITZER CAPITAL MANAGEMENT INC /KS 0.03% of their portfolio SHAWNEE MISSION, KS 750,000750.0k $1.3m $1.3m 0.03% Unchanged
33 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 750,000750.0k $1.3m $1.3m 0.00% Reduced -4.6m -4,600,000
34 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 580,000580.0k $975.9k $975.9k 0.00% New
35 Situational Awareness LP 3.03% of their portfolio SAN FRANCISCO, CA 417,600417.6k $67.9m $67.9m 3.03% New
36 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 400,000400.0k $673.3k $673.3k 0.00% Reduced -500.0k -500,000
37 Central Pacific Bank - Trust Division 0.06% of their portfolio HONOLULU, HI 292,000292.0k $491.3k $491.3k 0.06% Unchanged
38 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 160,000160.0k $269.2k $269.2k 0.00% Added +2.0k +2,000
39 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 136,000136.0k $228.8k $228.8k 0.00% Reduced -18.0k -18,000
40 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 50,00050.0k $84.1k $84.1k 0.00% Unchanged
41 NOMURA HOLDINGS INC 0.04% of their portfolio TOKYO, M0 48,65448.7k $7.9m $7.9m 0.04% Added +45.9k +45,874
42 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 39,00039.0k $65.6k $65.6k 0.00% Unchanged
43 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 26,00026.0k $43.5k $43.5k 0.01% Unchanged
44 LAFFER TENGLER INVESTMENTS, INC. 0.59% of their portfolio Scottsdale, AZ 22,13022.1k $3.7m $3.7m 0.59% New
45 Fox Hill Wealth Management 0.01% of their portfolio DEDHAM, MA 18,00018.0k $30.1k $30.1k 0.01% Unchanged
46 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 15,00015.0k $24.4k $24.4k 0.00% Unchanged
47 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 9,0009.0k $1.5m $1.5m 0.00% New
48 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 7,0007.0k $12.0k $12.0k 0.00% Reduced -59.0k -59,000
49 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 5,0005.0k $8.4k $8.4k 0.00% Unchanged
50 LOOMIS SAYLES & CO L P 0.00% of their portfolio BOSTON, MA 2,5182.5k $409.7k $409.7k 0.00% New
51 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,3301.3k $2.2k $2.2k 0.00% Added +660 +660
52 Boussard & Gavaudan Investment Management LLP 0.21% of their portfolio London, X0 1,0001.0k $1.7m $1.7m 0.21% New