Vault-13

PAR TECHNOLOGY CORP PAR 1.5 10.15.27

NOTE 1.500%10/1 · US DOMESTIC · CUSIP 698884AE3

19 institutional holders -3 vs Q1 2024
201,000201.0k shares reported held*
$253.0mreported value*
0 new 5 added 0 reduced 3 sold out net bought ≈ $1.7m

* 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 ≈ $1258.74.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 18Q4 22: 18Q1 23: 22Q2 23: 23Q3 23: 22Q4 23: 20Q1 24: 22Q2 24: 1919Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202218
Q4 202218
Q1 202322
Q2 202323
Q3 202322
Q4 202320
Q1 202422
Q2 202419

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 5 bought or addedQ4 22: 5 cut or sold outQ4 22Q1 23: 11 bought or addedQ1 23: 5 cut or sold outQ2 23: 7 bought or addedQ2 23: 8 cut or sold outQ2 23Q3 23: 9 bought or addedQ3 23: 7 cut or sold outQ4 23: 8 bought or addedQ4 23: 6 cut or sold outQ4 23Q1 24: 6 bought or addedQ1 24: 6 cut or sold outQ2 24: 5 bought or addedQ2 24: 3 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202255
Q1 2023115
Q2 202378
Q3 202397
Q4 202386
Q1 202466
Q2 202453

Biggest buyers

JPMORGAN CHASE & CO Added +5,620,000+5.6m
HBK INVESTMENTS L P Added +2,832,000+2.8m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +2,250,000+2.2m
WOLVERINE ASSET MANAGEMENT LLC Added +175,000+175.0k
Context Capital Management, LLC Added +750+750

Biggest sellers

SILVERBACK ASSET MANAGEMENT LLC Sold out -5,832,000-5.8m
BANK OF MONTREAL /CAN/ Sold out -2,850,000-2.9m
AVIVA PLC Sold out -330,000-330.0k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.49% of their portfolio New York, NY 62,720,00062.7m $58.6m $58.6m 0.49% Unchanged
2 HBK INVESTMENTS L P 0.83% of their portfolio DALLAS, TX 36,882,00036.9m $34.5m $34.5m 0.83% Added +2.8m +2,832,000
3 TENOR CAPITAL MANAGEMENT Co., L.P. 0.49% of their portfolio NEW YORK, NY 33,325,00033.3m $31.3m $31.3m 0.49% Added +2.2m +2,250,000
4 WOLVERINE ASSET MANAGEMENT LLC 0.56% of their portfolio CHICAGO, IL 31,748,00031.7m $29.6m $29.6m 0.56% Added +175.0k +175,000
5 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 30,000,00030.0m $28.0m $28.0m 0.03% Unchanged
6 READYSTATE ASSET MANAGEMENT LP 1.07% of their portfolio CHICAGO, IL 24,000,00024.0m $22.5m $22.5m 1.07% Unchanged
7 CAMDEN ASSET MANAGEMENT L P /CA 0.24% of their portfolio Los Angeles, CA 8,493,0008.5m $7.9m $7.9m 0.24% Unchanged
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 6,960,0007.0m $6.3m $6.3m 0.00% Added +5.6m +5,620,000
9 CAPSTONE INVESTMENT ADVISORS, LLC 0.11% of their portfolio NEW YORK, NY 5,500,0005.5m $5.1m $5.1m 0.11% Unchanged
10 Parallax Volatility Advisers, L.P. 0.13% of their portfolio San Francisco, CA 5,500,0005.5m $5.1m $5.1m 0.13% Unchanged
11 BlackRock Inc. 0.00% of their portfolio New York, NY 2,246,0002.2m $2.1m $2.1m 0.00% Unchanged
12 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 1,200,0001.2m $1.1m $1.1m 0.01% Unchanged
13 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 699,000699.0k $653.0k $653.0k 0.00% Unchanged
14 FMR LLC 0.00% of their portfolio BOSTON, MA 475,000475.0k $442.2k $442.2k 0.00% Unchanged
15 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 400,000400.0k $372.9k $372.9k 0.00% Unchanged
16 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $182.3k $182.3k 0.00% Unchanged
17 Context Capital Management, LLC 0.66% of their portfolio LAJOLLA, CA 19,51219.5k $18.3m $18.3m 0.66% Added +750 +750
18 Alpine Global Management, LLC 0.16% of their portfolio NEW YORK, NY 1,0001.0k $931.0k $931.0k 0.16% Unchanged
19 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged