Vault-13

LUMENTUM HLDGS INC LITE 1.5 12.15.29

NOTE 1.500%12/1 · US DOMESTIC · CUSIP 55024UAH2

58 institutional holders +5 vs Q1 2025
7,926,5177.9m shares reported held*
$917.5mreported value*
9 new 22 added 14 reduced 4 sold out net bought ≈ $89.1m (+114.4k 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 ≈ $115.75.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q2 24: 52Q3 24: 53Q4 24: 44Q1 25: 53Q2 25: 5858Q2 24Q3 24Q4 24Q1 25Q2 25
Numbers
QuarterHolders
Q2 202452
Q3 202453
Q4 202444
Q1 202553
Q2 202558

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 24: 25 bought or addedQ3 24: 29 cut or sold outQ3 24Q4 24: 15 bought or addedQ4 24: 30 cut or sold outQ4 24Q1 25: 32 bought or addedQ1 25: 22 cut or sold outQ1 25Q2 25: 31 bought or addedQ2 25: 18 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20242529
Q4 20241530
Q1 20253222
Q2 20253118

Biggest buyers

STEELHEAD PARTNERS LLC New +18,000,000+18.0m
SILVERBACK ASSET MANAGEMENT LLC Added +17,241,000+17.2m
Calamos Advisors LLC Added +13,554,000+13.6m
LAZARD ASSET MANAGEMENT LLC Added +11,896,000+11.9m
MacKay Shields LLC New +9,060,000+9.1m
BANK OF MONTREAL /CAN/ Added +8,790,000+8.8m
ROYAL BANK OF CANADA Added +7,507,000+7.5m
UBS Group AG New +7,500,000+7.5m
Nuveen, LLC New +7,500,000+7.5m
LORD, ABBETT & CO. LLC Added +7,010,000+7.0m

Biggest sellers

Linden Advisors LP Reduced -31,500,000-31.5m
GLAZER CAPITAL, LLC Reduced -16,700,000-16.7m
D. E. Shaw & Co., Inc. Sold out -12,109,000-12.1m
SHENKMAN CAPITAL MANAGEMENT INC Sold out -7,310,000-7.3m
Mirabaud Asset Management (France) SAS Sold out -6,300,000-6.3m
SUSQUEHANNA ADVISORS GROUP, INC. Reduced -4,000,000-4.0m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -3,242,000-3.2m
Universal- Beteiligungs- und Servicegesellschaft mbH Reduced -2,352,000-2.4m
Invesco Ltd. Reduced -1,000,000-1.0m
RWC Asset Management LLP Reduced -1,000,000-1.0m

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.61% of their portfolio New York, NY 64,536,00064.5m $99.2m $99.2m 0.61% Reduced -31.5m -31,500,000
2 Calamos Advisors LLC 0.36% of their portfolio NAPERVILLE, IL 54,769,00054.8m $84.2m $84.2m 0.36% Added +13.6m +13,554,000
3 WHITEBOX ADVISORS LLC 2.06% of their portfolio MINNEAPOLIS, MN 49,442,00049.4m $75.8m $75.8m 2.06% Added +7.0m +7,000,000
4 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 34,548,00034.5m $53.2m $53.2m 0.03% Added +8.8m +8,790,000
5 Sculptor Capital LP 0.68% of their portfolio New York, NY 27,500,00027.5m $42.3m $42.3m 0.68% Added +2.5m +2,500,000
6 FOURSIXTHREE CAPITAL LP 19.02% of their portfolio NEW YORK, NY 27,000,00027.0m $41.4m $41.4m 19.02% Unchanged
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 23,175,00023.2m $35.7m $35.7m 0.00% Added +3.6m +3,579,000
8 CAMDEN ASSET MANAGEMENT L P /CA 0.83% of their portfolio Los Angeles, CA 23,050,00023.1m $35.3m $35.3m 0.83% Added +1.0m +1,000,000
9 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 22,560,00022.6m $34.7m $34.7m 0.00% Added +7.5m +7,507,000
10 SILVERBACK ASSET MANAGEMENT LLC 5.30% of their portfolio DURHAM, NC 22,455,00022.5m $34.5m $34.5m 5.30% Added +17.2m +17,241,000
11 STEELHEAD PARTNERS LLC 1.39% of their portfolio SEATTLE, WA 18,000,00018.0m $27.7m $27.7m 1.39% New
12 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 17,589,00017.6m $27.0m $27.0m 0.00% Added +650.0k +650,000
13 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 14,193,00014.2m $21.8m $21.8m 0.00% Added +6.1m +6,142,000
14 LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 14,138,00014.1m $21.7m $21.7m 0.03% Added +11.9m +11,896,000
15 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 12,070,00012.1m $18.5m $18.5m 0.00% Reduced -330.0k -330,000
16 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 11,900,00011.9m $18.3m $18.3m 0.02% Unchanged
17 LORD, ABBETT & CO. LLC 0.06% of their portfolio JERSEY CITY, NJ 11,828,00011.8m $18.2m $18.2m 0.06% Added +7.0m +7,010,000
18 MacKay Shields LLC 0.45% of their portfolio New York, NY 9,060,0009.1m $13.9m $13.9m 0.45% New
19 Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio FRANKFURT AM MAIN, 2M 8,318,0008.3m $12.8m $12.8m 0.02% Reduced -2.4m -2,352,000
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 7,500,0007.5m $11.5m $11.5m 0.00% New
21 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 7,500,0007.5m $11.5m $11.5m 0.01% Unchanged
22 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 7,500,0007.5m $11.5m $11.5m 0.00% New
23 FMR LLC 0.00% of their portfolio BOSTON, MA 7,247,0007.2m $11.1m $11.1m 0.00% Unchanged
24 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.03% of their portfolio Paris, I0 7,000,0007.0m $10.7m $10.7m 0.03% Unchanged
25 ADVENT CAPITAL MANAGEMENT /DE/ 0.22% of their portfolio NEW YORK, NY 6,545,0006.5m $10.1m $10.1m 0.22% Reduced -3.2m -3,242,000
26 BlackRock, Inc. 0.00% of their portfolio New York, NY 5,970,0006.0m $9.2m $9.2m 0.00% Reduced -250.0k -250,000
27 SSI INVESTMENT MANAGEMENT LLC 0.60% of their portfolio Los Angeles, CA 5,586,0005.6m $8.6m $8.6m 0.60% Reduced -105.0k -105,000
28 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 5,400,0005.4m $8.3m $8.3m 0.00% Reduced -1.0m -1,000,000
29 GABELLI FUNDS LLC 0.06% of their portfolio Rye, NY 5,250,0005.2m $8.1m $8.1m 0.06% Unchanged
30 SUSQUEHANNA ADVISORS GROUP, INC. 0.00% of their portfolio BALA CYNWYD, PA 4,000,0004.0m $61.3k $61.3k 0.00% Reduced -4.0m -4,000,000
31 OAKTREE CAPITAL MANAGEMENT LP 0.12% of their portfolio LOS ANGELES, CA 3,997,0004.0m $6.1m $6.1m 0.12% Added +2.1m +2,097,000
32 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 3,574,0003.6m $5.5m $5.5m 0.00% Added +3.6m +3,568,000
33 Union Bancaire Privee, UBP SA 0.06% of their portfolio GENEVA 1, V8 2,915,0002.9m $3.8m $3.8m 0.06% Added +1.7m +1,740,000
34 RWC Asset Management LLP 0.22% of their portfolio LONDON, X0 2,700,0002.7m $4.2m $4.2m 0.22% Reduced -1.0m -1,000,000
35 WESTWOOD HOLDINGS GROUP INC 0.01% of their portfolio DALLAS, TX 2,000,0002.0m $2.0m $2.0m 0.01% Unchanged
36 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,927,0001.9m $3.0m $3.0m 0.00% Added +1.8m +1,784,000
37 Man Group plc 0.01% of their portfolio LONDON, X0 1,660,0001.7m $2.5m $2.5m 0.01% Reduced -430.0k -430,000
38 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,527,0001.5m $2.3m $2.3m 0.00% Reduced -202.0k -202,000
39 GLAZER CAPITAL, LLC 0.07% of their portfolio New York, NY 1,349,0001.3m $2.1m $2.1m 0.07% Reduced -16.7m -16,700,000
40 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,314,0001.3m $2.0m $2.0m 0.00% Added +480.0k +480,000
41 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 1,300,0001.3m $2.0m $2.0m 0.00% Reduced -500.0k -500,000
42 PALISADE CAPITAL MANAGEMENT, LP 0.05% of their portfolio FORT LEE, NJ 1,250,0001.2m $1.9m $1.9m 0.05% New
43 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,065,0001.1m $1.6m $1.6m 0.00% Added +888.0k +888,000
44 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 800,000800.0k $1.2m $1.2m 0.00% Added +200.0k +200,000
45 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 800,000800.0k $1.2m $1.2m 0.00% Unchanged
46 Calamos Wealth Management LLC 0.05% of their portfolio NAPERVILLE, IL 789,000789.0k $1.2m $1.2m 0.05% Added +190.0k +190,000
47 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 381,000381.0k $586.5k $586.5k 0.00% Added +340.0k +340,000
48 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 326,000326.0k $499.9k $499.9k 0.00% Reduced -31.0k -31,000
49 Central Pacific Bank - Trust Division 0.06% of their portfolio HONOLULU, HI 318,000318.0k $487.7k $487.7k 0.06% Unchanged
50 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 300,000300.0k $461.4k $461.4k 0.00% Unchanged
51 SG Americas Securities, LLC 0.18% of their portfolio NEW YORK, NY 265,680265.7k $40.7m $40.7m 0.18% Unchanged
52 Teton Advisors, Inc. 0.14% of their portfolio Rye, NY 150,000150.0k $230.7k $230.7k 0.14% New
53 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 85,00085.0k $130.3k $130.3k 0.00% New
54 NOMURA HOLDINGS INC 0.03% of their portfolio TOKYO, M0 41,51741.5k $3.9m $3.9m 0.03% New
55 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 13,00013.0k $19.9k $19.9k 0.00% Unchanged
56 K2 PRINCIPAL FUND, L.P. 1.97% of their portfolio TORONTO, A6 7,0007.0k $10.8m $10.8m 1.97% Added +1.0k +1,000
57 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 1,0001.0k $1.5k $1.5k 0.00% New
58 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged