Vault-13

PAR TECHNOLOGY CORP PAR 1.5 10.15.27

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

14 institutional holders -3 vs Q1 2026
$48.2mprincipal reported held*
$49.4mreported value*
0 new 1 added 1 reduced 3 sold out net sold ≈ $950

* 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 Q2 2026

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 18Q4 22: 18Q1 23: 22Q2 23: 23Q3 23: 22Q4 23: 20Q1 24: 22Q2 24: 19Q3 24: 20Q4 24: 22Q1 25: 30Q2 25: 25Q3 25: 21Q4 25: 23Q1 26: 17Q2 26: 1414Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202218
Q4 202218
Q1 202322
Q2 202323
Q3 202322
Q4 202320
Q1 202422
Q2 202419
Q3 202420
Q4 202422
Q1 202530
Q2 202525
Q3 202521
Q4 202523
Q1 202617
Q2 202614

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q3 24: 3 bought or addedQ3 24: 4 cut or sold outQ4 24: 8 bought or addedQ4 24: 9 cut or sold outQ4 24Q1 25: 13 bought or addedQ1 25: 7 cut or sold outQ2 25: 6 bought or addedQ2 25: 12 cut or sold outQ2 25Q3 25: 10 bought or addedQ3 25: 12 cut or sold outQ4 25: 9 bought or addedQ4 25: 6 cut or sold outQ4 25Q1 26: 6 bought or addedQ1 26: 18 cut or sold outQ2 26: 1 bought or addedQ2 26: 4 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202434
Q4 202489
Q1 2025137
Q2 2025612
Q3 20251012
Q4 202596
Q1 2026618
Q2 202614

Biggest buyers

PenderFund Capital Management Ltd. Added +10,000,000+10.0m

Biggest sellers

Context Capital Management, LLC Reduced -7,170,000-7.2m
READYSTATE ASSET MANAGEMENT LP Sold out -1,600,000-1.6m
Sculptor Capital LP Sold out -1,230,000-1.2m
Alpine Global Management, LLC Sold out -1,000-1.0k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PenderFund Capital Management Ltd. 1.84% of their portfolio VANCOUVER, A1 15,000,00015.0m $14.4m $14.4m 1.84% Added +10.0m +10,000,000
2 DeepCurrents Investment Group LLC 0.32% of their portfolio NEW YORK, NY 9,758,0009.8m $9.3m $9.3m 0.32% Unchanged
3 Balyasny Asset Management L.P. 0.02% of their portfolio Chicago, IL 8,923,0008.9m $8.5m $8.5m 0.02% Unchanged
4 Context Capital Management, LLC 0.09% of their portfolio LAJOLLA, CA 4,512,0004.5m $4.3m $4.3m 0.09% Reduced -7.2m -7,170,000
5 TENOR CAPITAL MANAGEMENT Co., L.P. 0.04% of their portfolio NEW YORK, NY 3,340,0003.3m $3.2m $3.2m 0.04% Unchanged
6 Parallax Volatility Advisers, L.P. 0.11% of their portfolio San Francisco, CA 3,000,0003.0m $2.8m $2.8m 0.11% Unchanged
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,959,0002.0m $1.9m $1.9m 0.00% Unchanged
8 Jain Global LLC 0.01% of their portfolio NEW YORK, NY 1,050,0001.1m $992.3k $992.3k 0.01% Unchanged
9 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 500,000500.0k $474.1k $474.1k 0.00% Unchanged
10 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 100,000100.0k $97.0k $97.0k 0.00% Unchanged
11 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 39,00039.0k $36.9k $36.9k 0.00% Unchanged
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 25,00025.0k $23.6k $23.6k 0.00% Unchanged
13 K2 PRINCIPAL FUND, L.P. 0.22% of their portfolio TORONTO, A6 2,5002.5k $2.4m $2.4m 0.22% Unchanged
14 Chicago Capital Management, LLC 0.96% of their portfolio CHICAGO, IL 1,1271.1k $1.1m $1.1m 0.96% Unchanged