Vault-13

ON SEMICONDUCTOR CORP ON 0 05.01.27

NOTE 5/0 · US DOMESTIC · CUSIP 682189AS4

71 institutional holders +1 vs Q3 2025
31,302,52331.3m shares reported held*
$1.9bnreported value*
13 new 23 added 15 reduced 10 sold out net sold ≈ $26.4m (+5.9m 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 ≈ $60.92.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 67Q4 22: 69Q1 23: 69Q2 23: 65Q3 23: 60Q4 23: 55Q1 24: 53Q2 24: 46Q3 24: 45Q4 24: 50Q1 25: 61Q2 25: 72Q3 25: 70Q4 25: 7171Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202267
Q4 202269
Q1 202369
Q2 202365
Q3 202360
Q4 202355
Q1 202453
Q2 202446
Q3 202445
Q4 202450
Q1 202561
Q2 202572
Q3 202570
Q4 202571

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q1 24: 26 bought or addedQ1 24: 21 cut or sold outQ2 24: 15 bought or addedQ2 24: 26 cut or sold outQ2 24Q3 24: 16 bought or addedQ3 24: 25 cut or sold outQ4 24: 24 bought or addedQ4 24: 19 cut or sold outQ4 24Q1 25: 42 bought or addedQ1 25: 16 cut or sold outQ2 25: 38 bought or addedQ2 25: 28 cut or sold outQ2 25Q3 25: 30 bought or addedQ3 25: 32 cut or sold outQ4 25: 36 bought or addedQ4 25: 25 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20242621
Q2 20241526
Q3 20241625
Q4 20242419
Q1 20254216
Q2 20253828
Q3 20253032
Q4 20253625

Biggest buyers

STEELHEAD PARTNERS LLC Added +57,500,000+57.5m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +22,500,000+22.5m
ADVENT CAPITAL MANAGEMENT /DE/ Added +16,985,000+17.0m
BlueCrest Capital Management Ltd Added +14,500,000+14.5m
BANK OF MONTREAL /CAN/ Added +9,754,000+9.8m
GOLDMAN SACHS GROUP INC New +9,640,000+9.6m
SILVERBACK ASSET MANAGEMENT LLC Added +7,000,000+7.0m
WELLS FARGO & COMPANY/MN Added +5,933,000+5.9m
Amundi New +5,000,000+5.0m
LAZARD ASSET MANAGEMENT LLC Added +4,795,000+4.8m

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Reduced -107,240,000-107.2m
JPMORGAN CHASE & CO Reduced -46,320,000-46.3m
AMERIPRISE FINANCIAL INC Sold out -9,000,000-9.0m
MIZUHO SECURITIES USA LLC Reduced -6,985,000-7.0m
FMR LLC Reduced -6,810,000-6.8m
WHITEBOX ADVISORS LLC Reduced -6,500,000-6.5m
BNP PARIBAS FINANCIAL MARKETS Reduced -4,621,000-4.6m
Invesco Ltd. Sold out -4,050,000-4.0m
WELLINGTON MANAGEMENT GROUP LLP Reduced -2,500,000-2.5m
MACQUARIE GROUP LTD Sold out -1,650,000-1.6m

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 STEELHEAD PARTNERS LLC 8.83% of their portfolio SEATTLE, WA 100,000,000100.0m $119.5m $119.5m 8.83% Added +57.5m +57,500,000
2 FMR LLC 0.00% of their portfolio BOSTON, MA 51,831,00051.8m $61.7m $61.7m 0.00% Reduced -6.8m -6,810,000
3 TENOR CAPITAL MANAGEMENT Co., L.P. 0.84% of their portfolio NEW YORK, NY 50,000,00050.0m $59.8m $59.8m 0.84% Added +22.5m +22,500,000
4 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 48,552,00048.6m $57.9m $57.9m 0.00% Reduced -46.3m -46,320,000
5 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 43,574,00043.6m $519.8k $519.8k 0.00% Added +4.8m +4,795,000
6 MacKay Shields LLC 1.64% of their portfolio New York, NY 39,380,00039.4m $47.0m $47.0m 1.64% Reduced -599.0k -599,000
7 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 38,179,00038.2m $45.5m $45.5m 0.02% Added +9.8m +9,754,000
8 ADVENT CAPITAL MANAGEMENT /DE/ 0.79% of their portfolio NEW YORK, NY 28,682,00028.7m $34.2m $34.2m 0.79% Added +17.0m +16,985,000
9 Calamos Advisors LLC 0.14% of their portfolio NAPERVILLE, IL 27,868,00027.9m $33.3m $33.3m 0.14% Added +20.0k +20,000
10 Alberta Investment Management Corp 0.18% of their portfolio EDMONTON, A0 25,000,00025.0m $29.9m $29.9m 0.18% Unchanged
11 Jain Global LLC 0.29% of their portfolio NEW YORK, NY 25,000,00025.0m $29.9m $29.9m 0.29% Unchanged
12 SILVERBACK ASSET MANAGEMENT LLC 4.20% of their portfolio DURHAM, NC 23,571,00023.6m $28.1m $28.1m 4.20% Added +7.0m +7,000,000
13 BlueCrest Capital Management Ltd 1.07% of their portfolio ST HELIER, Y9 23,000,00023.0m $27.5m $27.5m 1.07% Added +14.5m +14,500,000
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 17,189,00017.2m $20.5m $20.5m 0.00% Added +350.0k +350,000
15 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 15,000,00015.0m $17.9m $17.9m 0.01% Reduced -531.0k -531,000
16 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 14,600,00014.6m $17.4m $17.4m 0.01% Unchanged
17 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 14,474,00014.5m $17.2m $17.2m 0.01% Reduced -4.6m -4,621,000
18 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 13,107,00013.1m $15.6m $15.6m 0.03% Added +1.8m +1,765,000
19 WHITEBOX ADVISORS LLC 0.25% of their portfolio MINNEAPOLIS, MN 12,500,00012.5m $14.9m $14.9m 0.25% Reduced -6.5m -6,500,000
20 SSI INVESTMENT MANAGEMENT LLC 0.96% of their portfolio Los Angeles, CA 11,835,00011.8m $14.1m $14.1m 0.96% Reduced -16.0k -16,000
21 MIZUHO SECURITIES USA LLC 0.20% of their portfolio NEW YORK, NY 10,515,00010.5m $12.2m $12.2m 0.20% Reduced -7.0m -6,985,000
22 BlackRock, Inc. 0.00% of their portfolio New York, NY 10,351,00010.4m $12.3m $12.3m 0.00% Added +3.6m +3,600,000
23 Parallax Volatility Advisers, L.P. 0.37% of their portfolio San Francisco, CA 10,000,00010.0m $11.9m $11.9m 0.37% Unchanged
24 Point72 Asset Management, L.P. 0.02% of their portfolio STAMFORD, CT 10,000,00010.0m $11.9m $11.9m 0.02% Added +69.0k +69,000
25 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 9,640,0009.6m $11.5m $11.5m 0.00% New
26 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 8,608,0008.6m $10.3m $10.3m 0.00% Added +5.9m +5,933,000
27 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 7,250,0007.2m $8.7m $8.7m 0.01% Unchanged
28 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 5,828,0005.8m $6.9m $6.9m 0.00% Reduced -314.0k -314,000
29 Amundi 0.16% of their portfolio Paris, I0 5,000,0005.0m $595.2m $595.2m 0.16% New
30 KIM, LLC 0.68% of their portfolio WICHITA, KS 5,000,0005.0m $6.0m $6.0m 0.68% Added +2.5m +2,500,000
31 Union Bancaire Privee, UBP SA 0.06% of their portfolio GENEVA 1, V8 4,900,0004.9m $4.9m $4.9m 0.06% Unchanged
32 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 4,800,0004.8m $5.7m $5.7m 0.01% Added +800.0k +800,000
33 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 4,772,0004.8m $5.7m $5.7m 0.00% Added +1.3m +1,267,000
34 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 4,610,0004.6m $5.5m $5.5m 0.01% Reduced -107.2m -107,240,000
35 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 4,051,0004.1m $4.8m $4.8m 0.00% Added +3.4m +3,366,000
36 LORD, ABBETT & CO. LLC 0.01% of their portfolio JERSEY CITY, NJ 4,002,0004.0m $4.8m $4.8m 0.01% New
37 Sphera Management Technology Funds Ltd 2.50% of their portfolio TEL AVIV, L3 4,000,0004.0m $4.8m $4.8m 2.50% New
38 Nicholas Investment Partners, LP 0.34% of their portfolio RANCHO SANTA FE, CA 3,950,0004.0m $4.7m $4.7m 0.34% Added +850.0k +850,000
39 Amundi 0.12% of their portfolio Paris, I0 3,700,0003.7m $440.5m $440.5m 0.12% New
40 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 3,190,0003.2m $3.8m $3.8m 0.00% Reduced -2.5m -2,500,000
41 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 3,000,0003.0m $3.6m $3.6m 0.01% Unchanged
42 RWC Asset Management LLP 0.16% of their portfolio LONDON, X0 2,798,0002.8m $3.3m $3.3m 0.16% Reduced -516.0k -516,000
43 SUSQUEHANNA ADVISORS GROUP, INC. 0.00% of their portfolio BALA CYNWYD, PA 2,500,0002.5m $29.7k $29.7k 0.00% New
44 Man Group plc 0.01% of their portfolio LONDON, X0 2,290,0002.3m $2.7m $2.7m 0.01% Unchanged
45 OAKTREE CAPITAL MANAGEMENT LP 0.04% of their portfolio LOS ANGELES, CA 1,950,0001.9m $2.3m $2.3m 0.04% Unchanged
46 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 1,801,0001.8m $2.1m $2.1m 0.00% New
47 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,445,0001.4m $1.7m $1.7m 0.00% Added +914.0k +914,000
48 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,269,0001.3m $1.5m $1.5m 0.00% Unchanged
49 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 1,185,0001.2m $1.4m $1.4m 0.00% New
50 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 1,000,0001.0m $1.2m $1.2m 0.00% Reduced -300.0k -300,000
51 Central Pacific Bank - Trust Division 0.07% of their portfolio HONOLULU, HI 513,000513.0k $610.7k $610.7k 0.07% Unchanged
52 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 362,000362.0k $431.0k $431.0k 0.00% Unchanged
53 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 307,000307.0k $366.1k $366.1k 0.00% Added +107.0k +107,000
54 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 264,000264.0k $315.0k $315.0k 0.00% Added +25.0k +25,000
55 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 178,000178.0k $212.8k $212.8k 0.01% Added +1.0k +1,000
56 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 162,000162.0k $192.9k $192.9k 0.00% Unchanged
57 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 110,000110.0k $131.5k $131.5k 0.00% Unchanged
58 CSS LLC/IL 0.00% of their portfolio CHICAGO, IL 54,00054.0k $64.4k $64.4k 0.00% New
59 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 50,00050.0k $59.5k $59.5k 0.00% Unchanged
60 NOMURA HOLDINGS INC 0.01% of their portfolio TOKYO, M0 44,07344.1k $2.4m $2.4m 0.01% Added +25.6k +25,553
61 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 38,00038.0k $45.2k $45.2k 0.00% New
62 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 28,00028.0k $33.2k $33.2k 0.01% Unchanged
63 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 25,00025.0k $29.8k $29.8k 0.00% Unchanged
64 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 17,00017.0k $20.2k $20.2k 0.00% Reduced -16.0k -16,000
65 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 15,00015.0k $17.8k $17.8k 0.00% New
66 Boussard & Gavaudan Investment Management LLP 0.84% of their portfolio London, X0 9,3009.3k $11.1m $11.1m 0.84% New
67 Colonial Trust Advisors 0.00% of their portfolio SPARTANBURG, SC 8,0008.0k $9.5k $9.5k 0.00% Unchanged
68 K2 PRINCIPAL FUND, L.P. 0.62% of their portfolio TORONTO, A6 5,0005.0k $6.0m $6.0m 0.62% Unchanged
69 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 4,0004.0k $4.7k $4.7k 0.00% New
70 ABN AMRO INVESTMENT SOLUTIONS 0.01% of their portfolio PARIS CEDEX 008, I0 300300 $357.9k $357.9k 0.01% Reduced -99.7k -99,700
71 ODDO BHF ASSET MANAGEMENT SAS 0.01% of their portfolio PARIS, I0 150150 $178.9k $178.9k 0.01% Unchanged