Vault-13

MIDDLEBY CORP MIDD 1 09.01.25

NOTE 1.000% 9/0 · US DOMESTIC · CUSIP 596278AB7

0 institutional holders -65 vs Q2 2025
—reported value*
0 new 0 added 0 reduced 60 sold out net sold ≈ $780.9m (-48.4m 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.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 65Q4 22: 64Q1 23: 67Q2 23: 67Q3 23: 59Q4 23: 64Q1 24: 57Q2 24: 61Q3 24: 62Q4 24: 64Q1 25: 62Q2 25: 65Q3 25: 00Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202265
Q4 202264
Q1 202367
Q2 202367
Q3 202359
Q4 202364
Q1 202457
Q2 202461
Q3 202462
Q4 202464
Q1 202562
Q2 202565
Q3 20250

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 25 bought or addedQ4 23: 20 cut or sold outQ1 24: 17 bought or addedQ1 24: 33 cut or sold outQ1 24Q2 24: 22 bought or addedQ2 24: 26 cut or sold outQ3 24: 23 bought or addedQ3 24: 24 cut or sold outQ3 24Q4 24: 22 bought or addedQ4 24: 24 cut or sold outQ1 25: 27 bought or addedQ1 25: 27 cut or sold outQ1 25Q2 25: 27 bought or addedQ2 25: 33 cut or sold outQ3 25: 0 bought or addedQ3 25: 60 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20232520
Q1 20241733
Q2 20242226
Q3 20242324
Q4 20242224
Q1 20252727
Q2 20252733
Q3 2025060

Biggest buyers

None

Biggest sellers

AQR Arbitrage LLC Sold out -82,530,000-82.5m
DeepCurrents Investment Group LLC Sold out -70,505,000-70.5m
JPMORGAN CHASE & CO Sold out -57,112,000-57.1m
MILLENNIUM MANAGEMENT LLC Sold out -47,500,000-47.5m
SONA ASSET MANAGEMENT (US) LLC Sold out -40,000,000-40.0m
Point72 Asset Management, L.P. Sold out -34,969,000-35.0m
ANGELO GORDON & CO., L.P. Sold out -32,000,000-32.0m
D. E. Shaw & Co., Inc. Sold out -27,500,000-27.5m
ZAZOVE ASSOCIATES LLC Sold out -25,305,000-25.3m
TWO SIGMA INVESTMENTS, LP Sold out -25,000,000-25.0m

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change