PPL CAP FDG INC PPL 2.875 03.15.28
NOTE 2.875% 3/1 · US DOMESTIC · CUSIP 69352PAS2
64
institutional holders
+7 vs Q1 2024
52.5m
shares reported held*
$1.1bnreported value*
14 new
14 added
14 reduced
7 sold out
net bought ≈ $19.0m (+4.9m 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 ≈ $21.57.
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2024 | 57 |
| Q2 2024 | 64 |
Biggest buyers
| ADVENT CAPITAL MANAGEMENT /DE/ | New | +47.8m |
| Polar Asset Management Partners Inc. | Added | +20.0m |
| Wellesley Asset Management | Added | +17.7m |
| Linden Advisors LP | Added | +11.5m |
| LORD, ABBETT & CO. LLC | New | +7.9m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +7.1m |
| Invesco Ltd. | Added | +5.6m |
| MARSHALL WACE, LLP | Added | +5.0m |
| FRANKLIN RESOURCES INC | Added | +2.7m |
| JPMORGAN CHASE & CO | Added | +1.9m |
Biggest sellers
| CAMDEN ASSET MANAGEMENT L P /CA | Reduced | -48.9m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -20.4m |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -8.6m |
| ZAZOVE ASSOCIATES LLC | Reduced | -8.3m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -7.4m |
| WELLS FARGO & COMPANY/MN | Reduced | -3.2m |
| CAPSTONE INVESTMENT ADVISORS, LLC | Sold out | -2.5m |
| MIZUHO SECURITIES USA LLC | Sold out | -2.4m |
| CSS LLC/IL | Sold out | -2.3m |
| Parallax Volatility Advisers, L.P. | Sold out | -2.0m |
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| Calamos Advisors LLC 0.46% of their portfolio | 99.3m $95.3m | Added +86.0k |
| ZAZOVE ASSOCIATES LLC 5.24% of their portfolio | 94.3m $90.5m | Reduced -8.3m |
| CAMDEN ASSET MANAGEMENT L P /CA 2.51% of their portfolio | 86.6m $82.9m | Reduced -48.9m |
| Invesco Ltd. 0.01% of their portfolio | 71.9m $68.7m | Added +5.6m |
| VICTORY CAPITAL MANAGEMENT INC 0.07% of their portfolio | 69.3m $66.4m | Reduced -8.6m |
| Polar Asset Management Partners Inc. 1.23% of their portfolio | 50.0m $48.0m | Added +20.0m |
| ADVENT CAPITAL MANAGEMENT /DE/ 1.12% of their portfolio | 47.8m $46.3m | New |
| ARISTEIA CAPITAL, L.L.C. 1.69% of their portfolio | 47.2m $45.4m | Unchanged |
| MARSHALL WACE, LLP 0.05% of their portfolio | 40.0m $38.4m | Added +5.0m |
| Wellesley Asset Management 3.10% of their portfolio | 30.4m $29.3m | Added +17.7m |
| Linden Advisors LP 0.22% of their portfolio | 28.0m $26.8m | Added +11.5m |
| MORGAN STANLEY 0.00% of their portfolio | 22.1m $21.2m | Added +1.4m |
| Sculptor Capital LP 0.40% of their portfolio | 20.0m $19.2m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 19.9m $19.2m | Reduced -1.2m |
| PIER 88 INVESTMENT PARTNERS LLC 4.01% of their portfolio | 18.7m $17.9m | Unchanged |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 18.5m $17.8m | Added +7.1m |
| Aequim Alternative Investments LP 0.52% of their portfolio | 15.0m $14.4m | Unchanged |
| FMR LLC 0.00% of their portfolio | 13.3m $12.7m | Reduced -700.0k |
| INCOME RESEARCH & MANAGEMENT 6.56% of their portfolio | 11.9m $11.4m | Unchanged |
| Thrivent Financial for Lutherans 0.02% of their portfolio | 11.9m $11.3m | Reduced -1.9m |
| SSI INVESTMENT MANAGEMENT LLC 0.78% of their portfolio | 10.6m $10.1m | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 8.9m $8.5m | Added +900.0k |
| LORD, ABBETT & CO. LLC 0.01% of their portfolio | 7.9m $7.6m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 7.6m $7.3m | Reduced -43.0k |
| GABELLI FUNDS LLC 0.06% of their portfolio | 7.6m $7.3m | Unchanged |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 6.7m $6.4m | Added +2.7m |
| Ameritas Investment Partners, Inc. 0.22% of their portfolio | 6.5m $6.3m | Unchanged |
| Cutler Capital Management, LLC 2.33% of their portfolio | 6.2m $6.0m | Added +1.7m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 6.2m $5.9m | Added +1.9m |
| RATIONAL ADVISORS, INC. 0.57% of their portfolio | 6.1m $5.9m | Unchanged |
| RWC Asset Management LLP 0.41% of their portfolio | 6.0m $5.8m | Unchanged |
| AQR Arbitrage LLC 0.13% of their portfolio | 5.4m $5.2m | Reduced -1.3m |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 4.6m $4.4m | Reduced -20.4m |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 3.5m $3.4m | Unchanged |
| LOOMIS SAYLES & CO L P 0.12% of their portfolio | 3.0m $83.5m | Reduced -44.6k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 2.7m $2.6m | Added +1.1m |
| TORONTO DOMINION BANK 0.00% of their portfolio | 1.6m $1.5m | Unchanged |
| WESTWOOD HOLDINGS GROUP INC 0.67% of their portfolio | 1.5m $143.5m | Unchanged |
| AEGON USA Investment Management, LLC 0.85% of their portfolio | 1.1m $1.1m | Reduced -1.3m |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 1.0m $958.4k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 967.0k $924.9k | New |
| Calamos Wealth Management LLC 0.05% of their portfolio | 924.0k $886.5k | Reduced -82.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 600.0k $575.2k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 525.0k $502.2k | Added +150.0k |
| FIRST HAWAIIAN BANK 0.02% of their portfolio | 519.0k $496.4k | New |
| MacKay Shields LLC 0.01% of their portfolio | 500.0k $480.1k | Unchanged |
| Teton Advisors, Inc. 0.20% of their portfolio | 500.0k $479.2k | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 427.0k $410.0k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 377.0k $361.4k | Reduced -3.2m |
| GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio | 300.0k $287.5k | Unchanged |
| Cetera Investment Advisers 0.00% of their portfolio | 82.0k $78.4k | New |
| &PARTNERS 0.00% of their portfolio | 77.0k $73.7k | New |
| Virtus Investment Advisers, LLC 0.05% of their portfolio | 60.0k $57.4k | New |
| CHOREO, LLC 0.00% of their portfolio | 57.0k $54.8k | New |
| INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio | 20.0k $20.2k | New |
| Context Capital Management, LLC 0.64% of their portfolio | 18.5k $17.7m | Unchanged |
| Marcum Wealth, LLC 0.00% of their portfolio | 16.0k $15.3k | Unchanged |
| LANARK FINANCIAL, INC. 0.00% of their portfolio | 15.0k $14.0k | New |
| Goldstein Advisors, LLC 0.00% of their portfolio | 15.0k $14.3k | New |
| HB Wealth Management, LLC 0.00% of their portfolio | 13.0k $12.4k | New |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 8.0k $7.7k | New |
| Alken Asset Management Ltd 0.04% of their portfolio | 2.5k $2.4k | New |
| LAFFER TENGLER INVESTMENTS, INC. 0.53% of their portfolio | 2.5k $2.5m | Reduced -59 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |