Vault-13

LUMENTUM HLDGS INC LITE 1.5 12.15.29

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

43 institutional holders -15 vs Q2 2025
7,353,2387.4m shares reported held*
$1.4bnreported value*
8 new 10 added 20 reduced 21 sold out net sold ≈ $85.3m (-573.3k 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 ≈ $183.72.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q2 24: 52Q3 24: 53Q4 24: 44Q1 25: 53Q2 25: 58Q3 25: 4343Q2 24Q3 24Q4 24Q1 25Q2 25Q3 25
Numbers
QuarterHolders
Q2 202452
Q3 202453
Q4 202444
Q1 202553
Q2 202558
Q3 202543

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q3 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 25Q3 25: 18 bought or addedQ3 25: 41 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q3 20242529
Q4 20241530
Q1 20253222
Q2 20253118
Q3 20251841

Biggest buyers

D. E. Shaw & Co., Inc. New +77,987,000+78.0m
CAPSTONE INVESTMENT ADVISORS, LLC New +26,774,000+26.8m
Sculptor Capital LP Added +25,000,000+25.0m
Linden Advisors LP Added +24,800,000+24.8m
TWO SIGMA INVESTMENTS, LP New +19,500,000+19.5m
WHITEBOX ADVISORS LLC Added +17,000,000+17.0m
CSS LLC/IL New +13,500,000+13.5m
SUSQUEHANNA ADVISORS GROUP, INC. Added +8,500,000+8.5m
MILLENNIUM MANAGEMENT LLC Added +7,600,000+7.6m
Paloma Partners Management Co New +5,000,000+5.0m

Biggest sellers

Calamos Advisors LLC Reduced -39,138,000-39.1m
CAMDEN ASSET MANAGEMENT L P /CA Sold out -23,050,000-23.1m
ROYAL BANK OF CANADA Sold out -22,560,000-22.6m
FOURSIXTHREE CAPITAL LP Reduced -22,500,000-22.5m
SILVERBACK ASSET MANAGEMENT LLC Sold out -22,455,000-22.5m
STEELHEAD PARTNERS LLC Sold out -18,000,000-18.0m
JPMORGAN CHASE & CO Reduced -13,549,000-13.5m
LORD, ABBETT & CO. LLC Sold out -11,828,000-11.8m
WELLS FARGO & COMPANY/MN Reduced -11,202,000-11.2m
LAZARD ASSET MANAGEMENT LLC Reduced -9,759,000-9.8m

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 1.44% of their portfolio New York, NY 89,336,00089.3m $215.9m $215.9m 1.44% Added +24.8m +24,800,000
2 D. E. Shaw & Co., Inc. 0.15% of their portfolio New York, NY 77,987,00078.0m $188.5m $188.5m 0.15% New
3 WHITEBOX ADVISORS LLC 2.98% of their portfolio MINNEAPOLIS, MN 66,442,00066.4m $160.4m $160.4m 2.98% Added +17.0m +17,000,000
4 Sculptor Capital LP 1.75% of their portfolio New York, NY 52,500,00052.5m $127.0m $127.0m 1.75% Added +25.0m +25,000,000
5 BANK OF MONTREAL /CAN/ 0.04% of their portfolio TORONTO, A6 35,812,00035.8m $86.6m $86.6m 0.04% Added +1.3m +1,264,000
6 CAPSTONE INVESTMENT ADVISORS, LLC 0.57% of their portfolio NEW YORK, NY 26,774,00026.8m $64.7m $64.7m 0.57% New
7 TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio NEW YORK, NY 19,500,00019.5m $47.1m $47.1m 0.07% New
8 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 19,500,00019.5m $47.1m $47.1m 0.04% Added +7.6m +7,600,000
9 Calamos Advisors LLC 0.15% of their portfolio NAPERVILLE, IL 15,631,00015.6m $37.8m $37.8m 0.15% Reduced -39.1m -39,138,000
10 CSS LLC/IL 1.94% of their portfolio CHICAGO, IL 13,500,00013.5m $32.6m $32.6m 1.94% New
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 12,720,00012.7m $30.8m $30.8m 0.00% Added +650.0k +650,000
12 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 12,657,00012.7m $30.6m $30.6m 0.01% Reduced -4.9m -4,932,000
13 SUSQUEHANNA ADVISORS GROUP, INC. 0.01% of their portfolio BALA CYNWYD, PA 12,500,00012.5m $302.0k $302.0k 0.01% Added +8.5m +8,500,000
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 9,626,0009.6m $23.3m $23.3m 0.00% Reduced -13.5m -13,549,000
15 MacKay Shields LLC 0.74% of their portfolio New York, NY 9,060,0009.1m $21.9m $21.9m 0.74% Unchanged
16 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.04% of their portfolio Paris, I0 7,000,0007.0m $16.9m $16.9m 0.04% Unchanged
17 FMR LLC 0.00% of their portfolio BOSTON, MA 6,793,0006.8m $16.4m $16.4m 0.00% Reduced -454.0k -454,000
18 BlackRock, Inc. 0.00% of their portfolio New York, NY 5,845,0005.8m $14.1m $14.1m 0.00% Reduced -125.0k -125,000
19 Paloma Partners Management Co 2.41% of their portfolio GREENWICH, CT 5,000,0005.0m $12.1m $12.1m 2.41% New
20 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 4,737,0004.7m $11.4m $11.4m 0.01% Added +3.4m +3,423,000
21 FOURSIXTHREE CAPITAL LP 3.82% of their portfolio NEW YORK, NY 4,500,0004.5m $10.9m $10.9m 3.82% Reduced -22.5m -22,500,000
22 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 4,379,0004.4m $105.8k $105.8k 0.00% Reduced -9.8m -9,759,000
23 WOLVERINE ASSET MANAGEMENT LLC 0.15% of their portfolio CHICAGO, IL 4,250,0004.2m $10.3m $10.3m 0.15% New
24 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 3,650,0003.6m $8.8m $8.8m 0.00% Reduced -1.8m -1,750,000
25 SSI INVESTMENT MANAGEMENT LLC 0.53% of their portfolio Los Angeles, CA 3,191,0003.2m $7.7m $7.7m 0.53% Reduced -2.4m -2,395,000
26 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,991,0003.0m $7.2m $7.2m 0.00% Reduced -11.2m -11,202,000
27 GABELLI FUNDS LLC 0.04% of their portfolio Rye, NY 2,450,0002.5m $5.9m $5.9m 0.04% Reduced -2.8m -2,800,000
28 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,394,0002.4m $5.8m $5.8m 0.00% Added +2.0m +2,013,000
29 Union Bancaire Privee, UBP SA 0.05% of their portfolio GENEVA 1, V8 1,897,0001.9m $3.9m $3.9m 0.05% Reduced -1.0m -1,018,000
30 Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio FRANKFURT AM MAIN, 2M 1,700,0001.7m $4.1m $4.1m 0.01% Reduced -6.6m -6,618,000
31 ADVENT CAPITAL MANAGEMENT /DE/ 0.08% of their portfolio NEW YORK, NY 1,477,0001.5m $3.6m $3.6m 0.08% Reduced -5.1m -5,068,000
32 WESTWOOD HOLDINGS GROUP INC 0.02% of their portfolio DALLAS, TX 1,000,0001.0m $2.4m $2.4m 0.02% Reduced -1.0m -1,000,000
33 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 490,000490.0k $1.2m $1.2m 0.00% Reduced -1.4m -1,437,000
34 SG Americas Securities, LLC 0.23% of their portfolio NEW YORK, NY 265,680265.7k $63.6m $63.6m 0.23% Unchanged
35 Kohlberg Kravis Roberts & Co. L.P. 0.01% of their portfolio NEW YORK, NY 260,000260.0k $628.2k $628.2k 0.01% New
36 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 200,000200.0k $483.6k $483.6k 0.00% Reduced -100.0k -100,000
37 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $483.5k $483.5k 0.00% Reduced -600.0k -600,000
38 Central Pacific Bank - Trust Division 0.05% of their portfolio HONOLULU, HI 162,000162.0k $391.0k $391.0k 0.05% Reduced -156.0k -156,000
39 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 85,00085.0k $205.1k $205.1k 0.00% Unchanged
40 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 82,00082.0k $198.3k $198.3k 0.01% Reduced -707.0k -707,000
41 NOMURA HOLDINGS INC 0.05% of their portfolio TOKYO, M0 66,23866.2k $10.8m $10.8m 0.05% Added +24.7k +24,721
42 K2 PRINCIPAL FUND, L.P. 1.78% of their portfolio TORONTO, A6 7,0007.0k $16.9m $16.9m 1.78% Unchanged
43 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 2,0002.0k $4.8k $4.8k 0.00% New