Vault-13

NEW RELIC INC NEWR

COM · Common Stock · CUSIP 64829B100 · ISIN US64829B1008

275 institutional holders -5 vs Q2 2023
60,839,47060.8m shares reported held*
$5.3bnreported value*
79 new 64 added 93 reduced 87 sold out net sold ≈ $96.5m (-1.7m 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 ($4.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $86.46. Options: 12 managers hold calls ($14.9m notional), 11 hold puts ($36.3m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 258Q4 22: 238Q1 23: 276Q2 23: 280Q3 23: 275275Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022258
Q4 2022238
Q1 2023276
Q2 2023280
Q3 2023275

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 124 bought or addedQ4 22: 131 cut or sold outQ4 22Q1 23: 163 bought or addedQ1 23: 111 cut or sold outQ1 23Q2 23: 157 bought or addedQ2 23: 130 cut or sold outQ2 23Q3 23: 143 bought or addedQ3 23: 180 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022124131
Q1 2023163111
Q2 2023157130
Q3 2023143180

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50m$100m$150mQ4 22 calls: $35.2mQ4 22 puts: $36.0mQ4 22P/C 1.02Q1 23 calls: $17.3mQ1 23 puts: $9.9mQ1 23P/C 0.57Q2 23 calls: $137.4mQ2 23 puts: $32.2mQ2 23P/C 0.23Q3 23 calls: $14.9mQ3 23 puts: $36.3mQ3 23P/C 2.44
Numbers
QuarterCallsPutsP/C
Q4 2022$35.2m$36.0m1.02
Q1 2023$17.3m$9.9m0.57
Q2 2023$137.4m$32.2m0.23
Q3 2023$14.9m$36.3m2.44

Biggest buyers

OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) Added +3,203,068+3.2m
FIL Ltd Added +2,467,707+2.5m
Pentwater Capital Management LP New +1,949,000+1.9m
Balyasny Asset Management L.P. New +1,307,640+1.3m
Magnetar Financial LLC New +1,148,323+1.1m
GLAZER CAPITAL, LLC New +943,039+943.0k
First Trust Capital Management L.P. New +912,354+912.4k
TIG Advisors, LLC New +850,934+850.9k
ALPINE ASSOCIATES MANAGEMENT INC. New +805,100+805.1k
PICTON MAHONEY ASSET MANAGEMENT New +657,100+657.1k

Biggest sellers

EMINENCE CAPITAL, LP Sold out -3,807,116-3.8m
Engaged Capital LLC Sold out -1,999,703-2.0m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Sold out -1,681,226-1.7m
Senvest Management, LLC Reduced -1,314,108-1.3m
VIKING GLOBAL INVESTORS LP Sold out -1,098,858-1.1m
JPMORGAN CHASE & CO Reduced -1,074,587-1.1m
Clearbridge Investments, LLC Reduced -1,044,860-1.0m
CITADEL ADVISORS LLC Reduced -967,212-967.2k
FMR LLC Reduced -934,502-934.5k
JACOBS LEVY EQUITY MANAGEMENT, INC Sold out -727,237-727.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.1m70.7k shares
CITADEL ADVISORS LLC Reduced $4.0m46.6k shares
Walleye Trading LLC Reduced $1.2m14.2k shares
D. E. Shaw & Co., Inc. Unchanged $856.2k10.0k shares
Walleye Capital LLC Added $856.2k10.0k shares
GTS SECURITIES LLC New $522.3k6.1k shares
SIMPLEX TRADING, LLC Reduced $419.0k4.9k shares
WOLVERINE TRADING, LLC Reduced $411.0k4.8k shares
TWO SIGMA SECURITIES, LLC Reduced $299.7k3.5k shares
GROUP ONE TRADING LLC Reduced $171.2k2.0k shares

Biggest puts

Parallax Volatility Advisers, L.P. Unchanged $17.1m200.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $9.8m114.2k shares
SIMPLEX TRADING, LLC Added $3.5m41.2k shares
CITADEL ADVISORS LLC Reduced $2.6m30.4k shares
Walleye Trading LLC Added $941.8k11.0k shares
GROUP ONE TRADING LLC Added $881.9k10.3k shares
JANE STREET GROUP, LLC Reduced $496.6k5.8k shares
TWO SIGMA SECURITIES, LLC Reduced $325.4k3.8k shares
GTS SECURITIES LLC New $316.8k3.7k shares
Walleye Capital LLC Added $308.2k3.6k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 5,566,3835.6m $476.6m $476.6m 0.01% Reduced -478.8k -478,811
2 HMI Capital Management, L.P. 16.66% of their portfolio SAN FRANCISCO, CA 5,065,0825.1m $433.7m $433.7m 16.66% Added +3.0k +2,982
3 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 5.07% of their portfolio CHICAGO, IL 3,313,0683.3m $283.7m $283.7m 5.07% Added +3.2m +3,203,068
4 JANA Partners Management, LP 19.64% of their portfolio NEW YORK, NY 3,215,4263.2m $275.3m $275.3m 19.64% First filing
5 BlackRock Inc. 0.01% of their portfolio New York, NY 3,142,3063.1m $269.0m $269.0m 0.01% Reduced -149.1k -149,058
6 FIL Ltd 0.26% of their portfolio HAMILTON, D0 2,540,6742.5m $217.5m $217.5m 0.26% Added +2.5m +2,467,707
7 WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio Boston, MA 2,375,3352.4m $203.4m $203.4m 0.04% Added +174.3k +174,348
8 Champlain Investment Partners, LLC 1.10% of their portfolio BURLINGTON, VT 1,979,5892.0m $169.5m $169.5m 1.10% Reduced -10.8k -10,766
9 Pentwater Capital Management LP 1.61% of their portfolio Naples, FL 1,949,0001.9m $166.9m $166.9m 1.61% New
10 Balyasny Asset Management L.P. 0.31% of their portfolio Chicago, IL 1,307,6401.3m $112.0m $112.0m 0.31% New
11 Contour Asset Management LLC 4.86% of their portfolio NEW YORK, NY 1,192,1881.2m $102.1m $102.1m 4.86% Added +30.8k +30,777
12 Magnetar Financial LLC 2.52% of their portfolio EVANSTON, IL 1,148,3231.1m $98.3m $98.3m 2.52% New
13 Clearbridge Investments, LLC 0.08% of their portfolio NEW YORK, NY 946,863946.9k $81.1m $81.1m 0.08% Reduced -1.0m -1,044,860
14 GLAZER CAPITAL, LLC 5.26% of their portfolio New York, NY 943,039943.0k $80.7m $80.7m 5.26% New
15 First Trust Capital Management L.P. 4.32% of their portfolio CHICAGO, IL 912,354912.4k $78.1m $78.1m 4.32% New
16 Kite Lake Capital Management (UK) LLP 8.07% of their portfolio LONDON, X0 907,000907.0k $77.7m $77.7m 8.07% Not comparable
17 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 883,794883.8k $75.7m $75.7m 0.00% Added +4.6k +4,575
18 TIG Advisors, LLC 3.59% of their portfolio New York, NY 850,934850.9k $72.9m $72.9m 3.59% New
19 ALPINE ASSOCIATES MANAGEMENT INC. 3.61% of their portfolio PALM BEACH, FL 805,100805.1k $68.9m $68.9m 3.61% New
20 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 803,288803.3k $68.8m $68.8m 0.01% Reduced -22.3k -22,277
21 FMR LLC 0.01% of their portfolio BOSTON, MA 699,593699.6k $59.9m $59.9m 0.01% Reduced -934.5k -934,502
22 NEUBERGER BERMAN GROUP LLC 0.05% of their portfolio NEW YORK, NY 683,969684.0k $58.6m $58.6m 0.05% Reduced -88.5k -88,464
23 PICTON MAHONEY ASSET MANAGEMENT 2.60% of their portfolio Toronto, A6 657,100657.1k $56.3m $56.3m 2.60% New
24 MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 655,935655.9k $56.2m $56.2m 0.06% Added +367.6k +367,576
25 Davidson Kempner Capital Management LP 0.84% of their portfolio New York, NY 634,641634.6k $54.3m $54.3m 0.84% Added +379.6k +379,641
26 NORGES BANK 0.01% of their portfolio OSLO, Q8 603,284603.3k $51.7m $51.7m 0.01% Added +53.9k +53,903
27 Man Group plc 0.16% of their portfolio LONDON, X0 603,099603.1k $51.6m $51.6m 0.16% New
28 HBK INVESTMENTS L P 1.14% of their portfolio DALLAS, TX 600,000600.0k $51.4m $51.4m 1.14% Not comparable
29 TUDOR INVESTMENT CORP ET AL 0.71% of their portfolio STAMFORD, CT 567,760567.8k $48.6m $48.6m 0.71% Added +447.3k +447,292
30 RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio NEW YORK, NY 563,800563.8k $48.3m $48.3m 0.08% Reduced -49.2k -49,200
31 Qube Research & Technologies Ltd 0.13% of their portfolio LONDON, X0 518,245518.2k $44.4m $44.4m 0.13% Reduced -89.1k -89,125
32 Assenagon Asset Management S.A. 0.14% of their portfolio SENNINGERBERG, N4 482,238482.2k $41.3m $41.3m 0.14% Reduced -474.2k -474,219
33 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 466,945466.9k $40.0m $40.0m 0.01% Added +2.4k +2,389
34 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 457,011457.0k $39.1m $39.1m 0.00% Added +157.9k +157,899
35 WATER ISLAND CAPITAL LLC 3.30% of their portfolio NEW YORK, NY 424,267424.3k $36.3m $36.3m 3.30% New
36 UBS Group AG 0.02% of their portfolio ZURICH, V8 421,747421.7k $36.1m $36.1m 0.02% Added +397.0k +397,027
37 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 419,349419.3k $35.9m $35.9m 0.00% Added +322.9k +322,893
38 TIEDEMANN ADVISORS, LLC 1.51% of their portfolio NEW YORK, NY 412,043412.0k $35.3m $35.3m 1.51% New
39 Woodline Partners LP 0.40% of their portfolio San Francisco, CA 402,000402.0k $34.4m $34.4m 0.40% Added +376.2k +376,203
40 Senvest Management, LLC 1.34% of their portfolio New York, NY 401,363401.4k $34.4m $34.4m 1.34% Reduced -1.3m -1,314,108
41 Melqart Asset Management (UK) Ltd 2.35% of their portfolio London, X0 384,206384.2k $32.9m $32.9m 2.35% New
42 Schonfeld Strategic Advisors LLC 0.26% of their portfolio NEW YORK, NY 334,702334.7k $28.7m $28.7m 0.26% Added +312.0k +312,002
43 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 327,384327.4k $28.0m $28.0m 0.01% Reduced -9.7k -9,740
44 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 313,145313.1k $26.8m $26.8m 0.03% Reduced -967.2k -967,212
45 LMR Partners LLP 0.60% of their portfolio LONDON, X0 310,605310.6k $26.6m $26.6m 0.60% New
46 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 299,568299.6k $25.6m $25.6m 0.00% Added +1.5k +1,493
47 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 278,034278.0k $23.8m $23.8m 0.01% Added +164.1k +164,126
48 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 266,930266.9k $22.9m $22.9m 0.01% Reduced -33.4k -33,362
49 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 261,442261.4k $22.4m $22.4m 0.01% Added +240.7k +240,683
50 Grantham, Mayo, Van Otterloo & Co. LLC 0.10% of their portfolio Boston, MA 254,393254.4k $21.8m $21.8m 0.10% New
51 GABELLI FUNDS LLC 0.18% of their portfolio Rye, NY 254,350254.3k $21.8m $21.8m 0.18% New
52 LOS ANGELES CAPITAL MANAGEMENT LLC 0.09% of their portfolio LOS ANGELES, CA 242,947242.9k $20.8m $20.8m 0.09% Reduced -60.7k -60,683
53 Westchester Capital Management, LLC 0.65% of their portfolio VALHALLA, NY 220,807220.8k $18.9m $18.9m 0.65% New
54 GABELLI & Co INVESTMENT ADVISERS, INC. 3.00% of their portfolio Rye, NY 215,200215.2k $18.4m $18.4m 3.00% New
55 AQR Arbitrage LLC 0.78% of their portfolio Greenwich, CT 202,136202.1k $17.3m $17.3m 0.78% New
56 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 197,217197.2k $16.9m $16.9m 0.01% Added +35.9k +35,918
57 P SCHOENFELD ASSET MANAGEMENT LP 2.12% of their portfolio NEW YORK, NY 194,538194.5k $16.7m $16.7m 2.12% New
58 New York Life Investment Management LLC 0.18% of their portfolio New York, NY 190,764190.8k $16.3m $16.3m 0.18% Added +185.3k +185,290
59 Daventry Group, LP 9.64% of their portfolio NEW YORK, NY 176,612176.6k $15.1m $15.1m 9.64% Reduced -111.5k -111,534
60 AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio Greenwich, CT 172,314172.3k $14.8m $14.8m 0.03% Reduced -67.8k -67,847
61 Capula Management Ltd 0.91% of their portfolio Grand Cayman, E9 163,919163.9k $14.0m $14.0m 0.91% Not comparable
62 Sand Grove Capital Management LLP 1.96% of their portfolio LONDON, X0 159,132159.1k $13.6m $13.6m 1.96% New
63 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 152,602152.6k $13.1m $13.1m 0.01% Added +125.1k +125,137
64 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.06% of their portfolio TORONTO, A6 145,000145.0k $12.4m $12.4m 0.06% Added +57.6k +57,590
65 Clearline Capital LP 1.13% of their portfolio NEW YORK, NY 133,463133.5k $11.4m $11.4m 1.13% Reduced -61.2k -61,197
66 PRELUDE CAPITAL MANAGEMENT, LLC 1.01% of their portfolio NEW YORK, NY 130,823130.8k $11.2m $11.2m 1.01% New
67 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 129,807129.8k $11.1m $11.1m 0.01% Added +40.6k +40,638
68 Swiss National Bank 0.01% of their portfolio ZURICH, V8 123,497123.5k $10.6m $10.6m 0.01% Added +3.6k +3,600
69 ALTRINSIC GLOBAL ADVISORS LLC 0.39% of their portfolio Stamford, CT 119,043119.0k $10.2m $10.2m 0.39% Reduced -6.4k -6,441
70 TOKIO MARINE ASSET MANAGEMENT CO LTD 0.60% of their portfolio Tokyo, M0 110,200110.2k $9.4m $9.4m 0.60% New
71 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 107,659107.7k $9.2m $9.2m 0.01% Added +91.1k +91,087
72 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 106,960107.0k $9.2m $9.2m 0.00% Reduced -190.9k -190,942
73 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 104,014104.0k $8.9m $8.9m 0.00% Reduced -232.4k -232,373
74 SQN Investors LP 5.15% of their portfolio Menlo Park, CA 103,876103.9k $8.9m $8.9m 5.15% Reduced -109.1k -109,100
75 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 103,357103.4k $8.8m $8.8m 0.01% Added +1.1k +1,126
76 Alberta Investment Management Corp 0.09% of their portfolio EDMONTON, A0 103,300103.3k $8.8m $8.8m 0.09% New
77 Centiva Capital, LP 0.42% of their portfolio New York, NY 99,20399.2k $8.5m $8.5m 0.42% Added +87.5k +87,468
78 Kellner Capital, LLC 9.91% of their portfolio NEW YORK, NY 98,37298.4k $8.4m $8.4m 9.91% New
79 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 96,85796.9k $8.3m $8.3m 0.00% Added +4.6k +4,581
80 Crystalline Management Inc. 6.27% of their portfolio Montreal, Quebec, Z4 96,10096.1k $8.2m $8.2m 6.27% New
81 Penserra Capital Management LLC 0.17% of their portfolio ORINDA, CA 93,79393.8k $8.0m $8.0m 0.17% New
82 STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio MADISON, WI 89,90189.9k $7.7m $7.7m 0.02% Reduced -7.2k -7,226
83 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 89,46689.5k $7.7m $7.7m 0.01% Unchanged
84 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 81,36081.4k $7.0m $7.0m 0.01% Reduced -222.8k -222,788
85 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 80,22280.2k $6.9m $6.9m 0.01% Reduced -539.5k -539,464
86 Hudson Bay Capital Management LP 0.03% of their portfolio STAMFORD, CT 80,00080.0k $6.8m $6.8m 0.03% Reduced -12.0k -11,970
87 CANADA LIFE ASSURANCE Co 0.02% of their portfolio WINNIPEG, A2 79,95780.0k $6.8m $6.8m 0.02% Added +73 +73
88 Yakira Capital Management, Inc. 1.85% of their portfolio Westport, CT 79,53279.5k $6.8m $6.8m 1.85% New
89 HRT FINANCIAL LP 0.07% of their portfolio NEW YORK, NY 77,86777.9k $6.7m $6.7m 0.07% New
90 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.03% of their portfolio COLUMBUS, OH 76,86476.9k $6.6m $6.6m 0.03% Added +52.0k +51,950
91 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 76,58376.6k $6.6m $6.6m 0.01% Added +2.5k +2,473
92 KRYGER CAPITAL Ltd 0.70% of their portfolio LONDON, X0 71,03871.0k $6.1m $6.1m 0.70% New
93 Silphium Asset Management Ltd 1.81% of their portfolio London, X0 65,00065.0k $5.6m $5.6m 1.81% New
94 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 62,17462.2k $5.3m $5.3m 0.01% Reduced -4.8k -4,795
95 Calamos Advisors LLC 0.03% of their portfolio NAPERVILLE, IL 60,00060.0k $5.1m $5.1m 0.03% Added +54.9k +54,867
96 NewEdge Wealth, LLC 0.16% of their portfolio STAMFORD, CT 58,48558.5k $5.0m $5.0m 0.16% Reduced -517.1k -517,145
97 PANAGORA ASSET MANAGEMENT INC 0.03% of their portfolio BOSTON, MA 57,86957.9k $5.0m $5.0m 0.03% Reduced -51.9k -51,874
98 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 56,53956.5k $4.8m $4.8m 0.01% Added +390 +390
99 GARDNER LEWIS ASSET MANAGEMENT L P 1.76% of their portfolio CHADDS FORD, PA 56,27256.3k $4.8m $4.8m 1.76% New
100 Verition Fund Management LLC 0.06% of their portfolio GREENWICH, CT 54,88354.9k $4.7m $4.7m 0.06% Added +41.4k +41,431