Vault-13

PARSONS CORP DEL PSN 0.25 08.15.25

NOTE 0.250% 8/1 · US DOMESTIC · CUSIP 70202LAB8

66 institutional holders +3 vs Q1 2023
23,572,35023.6m shares reported held*
$484.5mreported value*
6 new 15 added 17 reduced 3 sold out net sold ≈ $6.0m (+2.9m 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 ≈ $20.55.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 68Q4 22: 68Q1 23: 63Q2 23: 6666Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202268
Q4 202268
Q1 202363
Q2 202366

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 25 bought or addedQ4 22: 26 cut or sold outQ4 22Q1 23: 26 bought or addedQ1 23: 28 cut or sold outQ1 23Q2 23: 21 bought or addedQ2 23: 20 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222526
Q1 20232628
Q2 20232120

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ3 22 calls: $0Q3 22 puts: $1.8mQ3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$1.8m—
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$0$0—

Biggest buyers

ZAZOVE ASSOCIATES LLC Added +12,257,000+12.3m
VOYA INVESTMENT MANAGEMENT LLC Added +2,935,000+2.9m
TRUIST FINANCIAL CORP New +2,922,000+2.9m
SHENKMAN CAPITAL MANAGEMENT INC Added +2,179,000+2.2m
Man Group plc Added +1,800,000+1.8m
CAMDEN ASSET MANAGEMENT L P /CA Added +1,500,000+1.5m
MORGAN STANLEY Added +1,438,000+1.4m
JANE STREET GROUP, LLC Added +1,300,000+1.3m
BARCLAYS PLC New +1,211,000+1.2m
Worth Venture Partners, LLC Added +904,000+904.0k

Biggest sellers

FMR LLC Reduced -11,802,000-11.8m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -4,690,000-4.7m
Jefferies Financial Group Inc. Reduced -4,002,000-4.0m
MACQUARIE GROUP LTD Sold out -2,300,000-2.3m
Calamos Advisors LLC Reduced -2,251,000-2.3m
BNP PARIBAS FINANCIAL MARKETS Reduced -1,790,000-1.8m
PALISADE CAPITAL MANAGEMENT, LP Reduced -1,514,000-1.5m
Ameritas Investment Partners, Inc. Reduced -1,500,000-1.5m
SCHRODER INVESTMENT MANAGEMENT GROUP Reduced -1,500,000-1.5m
DLD Asset Management, LP Reduced -1,304,000-1.3m

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ZAZOVE ASSOCIATES LLC 5.02% of their portfolio INCLINE VILLAGE, NV 47,932,00047.9m $55.1m $55.1m 5.02% Added +12.3m +12,257,000
2 VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio San Antonio, TX 44,796,00044.8m $51.3m $51.3m 0.06% Reduced -438.0k -438,000
3 CAMDEN ASSET MANAGEMENT L P /CA 1.66% of their portfolio Los Angeles, CA 41,735,00041.7m $47.8m $47.8m 1.66% Added +1.5m +1,500,000
4 VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio ATLANTA, GA 32,785,00032.8m $37.7m $37.7m 0.04% Added +2.9m +2,935,000
5 Man Group plc 0.09% of their portfolio LONDON, X0 25,464,00025.5m $29.3m $29.3m 0.09% Added +1.8m +1,800,000
6 DLD Asset Management, LP 3.69% of their portfolio NEW YORK, NY 23,664,00023.7m $27.5m $27.5m 3.69% Reduced -1.3m -1,304,000
7 Calamos Advisors LLC 0.13% of their portfolio NAPERVILLE, IL 21,616,00021.6m $24.8m $24.8m 0.13% Reduced -2.3m -2,251,000
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 16,569,00016.6m $19.0m $19.0m 0.00% Added +769.0k +769,000
9 OSTERWEIS CAPITAL MANAGEMENT INC 0.95% of their portfolio SAN FRANCISCO, CA 12,500,00012.5m $14.4m $14.4m 0.95% Unchanged
10 FMR LLC 0.00% of their portfolio BOSTON, MA 11,802,00011.8m $13.5m $13.5m 0.00% Reduced -11.8m -11,802,000
11 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 10,175,00010.2m $11.6m $11.6m 0.00% Added +175.0k +175,000
12 Kohlberg Kravis Roberts & Co. L.P. 0.34% of their portfolio NEW YORK, NY 9,500,0009.5m $10.9m $10.9m 0.34% Added +482.0k +482,000
13 SHENKMAN CAPITAL MANAGEMENT INC 0.84% of their portfolio NEW YORK, NY 9,344,0009.3m $10.7m $10.7m 0.84% Added +2.2m +2,179,000
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 8,575,0008.6m $9.8m $9.8m 0.00% Reduced -500.0k -500,000
15 BOOTHBAY FUND MANAGEMENT, LLC 0.29% of their portfolio NEW YORK, NY 8,200,0008.2m $9.4m $9.4m 0.29% Reduced -956.0k -956,000
16 MacKay Shields LLC 0.26% of their portfolio New York, NY 8,066,0008.1m $9.3m $9.3m 0.26% Reduced -28.0k -28,000
17 ABSOLUTE INVESTMENT ADVISERS, LLC 1.29% of their portfolio ROSEMARY BEACH, FL 8,000,0008.0m $9.2m $9.2m 1.29% Unchanged
18 CONNING INC. 0.29% of their portfolio HARTFORD, CT 7,670,0007.7m $8.7m $8.7m 0.29% Unchanged
19 SSI INVESTMENT MANAGEMENT LLC 0.60% of their portfolio Los Angeles, CA 7,439,0007.4m $8.5m $8.5m 0.60% Reduced -23.0k -23,000
20 ADVENT CAPITAL MANAGEMENT /DE/ 0.14% of their portfolio NEW YORK, NY 5,991,0006.0m $6.9m $6.9m 0.14% Reduced -4.7m -4,690,000
21 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 5,752,0005.8m $6.6m $6.6m 0.01% Added +1.3m +1,300,000
22 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 5,250,0005.2m $6.0m $6.0m 0.01% Reduced -1.5m -1,500,000
23 Ameritas Investment Partners, Inc. 0.21% of their portfolio LINCOLN, NE 4,800,0004.8m $5.5m $5.5m 0.21% Reduced -1.5m -1,500,000
24 PALISADE CAPITAL MANAGEMENT, LP 0.12% of their portfolio FORT LEE, NJ 4,030,0004.0m $4.6m $4.6m 0.12% Reduced -1.5m -1,514,000
25 Warberg Asset Management LLC 1.26% of their portfolio WINNETKA, IL 3,839,0003.8m $4.4m $4.4m 1.26% Added +366.0k +366,000
26 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 3,628,0003.6m $4.2m $4.2m 0.00% Unchanged
27 Worth Venture Partners, LLC 1.90% of their portfolio FORT LEE, NJ 3,014,0003.0m $3.5m $3.5m 1.90% Added +904.0k +904,000
28 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 2,922,0002.9m $3.3m $3.3m 0.01% New
29 BlackRock Inc. 0.00% of their portfolio New York, NY 2,565,0002.6m $2.9m $2.9m 0.00% Unchanged
30 AGF MANAGEMENT LTD 0.02% of their portfolio TORONTO, A6 2,550,0002.5m $2.9m $2.9m 0.02% Unchanged
31 JUPITER ASSET MANAGEMENT LTD 0.03% of their portfolio London, X0 2,400,0002.4m $2.7m $2.7m 0.03% Unchanged
32 Nicholas Investment Partners, LP 0.15% of their portfolio RANCHO SANTA FE, CA 1,900,0001.9m $2.2m $2.2m 0.15% Unchanged
33 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,449,0001.4m $1.7m $1.7m 0.00% Added +1.4m +1,438,000
34 DUPONT CAPITAL MANAGEMENT CORP 0.07% of their portfolio Wilmington, DE 1,250,0001.2m $1.4m $1.4m 0.07% Unchanged
35 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,211,0001.2m $1.4m $1.4m 0.00% New
36 Quaero Capital S.A. 0.71% of their portfolio GENEVE, V8 800,000800.0k $919.7k $919.7k 0.71% Unchanged
37 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 795,000795.0k $907.0k $907.0k 0.00% New
38 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 700,000700.0k $773.5k $773.5k 0.00% Reduced -300.0k -300,000
39 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 600,000600.0k $688.3k $688.3k 0.00% Added +200.0k +200,000
40 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 470,000470.0k $537.9k $537.9k 0.00% Added +467.0k +467,000
41 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 460,000460.0k $526.5k $526.5k 0.00% Reduced -1.8m -1,790,000
42 FIRST HAWAIIAN BANK 0.01% of their portfolio HONOLULU, HI 263,000263.0k $301.0k $301.0k 0.01% Unchanged
43 Calamos Wealth Management LLC 0.02% of their portfolio NAPERVILLE, IL 211,000211.0k $242.5k $242.5k 0.02% Reduced -36.0k -36,000
44 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 200,000200.0k $229.4k $229.4k 0.00% Added +28.0k +28,000
45 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 152,000152.0k $174.0k $174.0k 0.00% Unchanged
46 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 135,000135.0k $155.2k $155.2k 0.00% Unchanged
47 Cutler Capital Management, LLC 0.05% of their portfolio WORCESTER, MA 100,000100.0k $114.5k $114.5k 0.05% Unchanged
48 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 97,00097.0k $111.2k $111.2k 0.00% Reduced -4.0m -4,002,000
49 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 64,00064.0k $73.2k $73.2k 0.00% Unchanged
50 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 36,00036.0k $41.2k $41.2k 0.00% New
51 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 31,00031.0k $36.0k $36.0k 0.00% Unchanged
52 SFMG, LLC 0.00% of their portfolio PLANO, TX 28,00028.0k $31.9k $31.9k 0.00% Unchanged
53 GRIMES & Co WEALTH MANAGEMENT, LLC 0.00% of their portfolio WESTBOROUGH, MA 25,00025.0k $28.6k $28.6k 0.00% Unchanged
54 EXCALIBUR MANAGEMENT CORP 0.01% of their portfolio WALTHAM, MA 20,00020.0k $22.9k $22.9k 0.01% Unchanged
55 Mariner, LLC 0.00% of their portfolio Overland Park, KS 18,00018.0k $20.5k $20.5k 0.00% Unchanged
56 Northside Capital Management, LLC 0.01% of their portfolio Hood River, OR 18,00018.0k $20.5k $20.5k 0.01% Unchanged
57 Leisure Capital Management 0.01% of their portfolio COSTA MESA, CA 17,00017.0k $19.4k $19.4k 0.01% Unchanged
58 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 16,00016.0k $18.3k $18.3k 0.00% Unchanged
59 Goldstein Advisors, LLC 0.00% of their portfolio Madison, WI 14,00014.0k $16.0k $16.0k 0.00% Unchanged
60 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 8,0008.0k $9.2k $9.2k 0.00% New
61 Boussard & Gavaudan Investment Management LLP 0.69% of their portfolio London, X0 6,3076.3k $7.2m $7.2m 0.69% Unchanged
62 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 5,0005.0k $5.7k $5.7k 0.00% Unchanged
63 TD PRIVATE CLIENT WEALTH LLC 0.00% of their portfolio NEW YORK, NY 2,0002.0k $2.3k $2.3k 0.00% New
64 LAFFER TENGLER INVESTMENTS, INC. 0.49% of their portfolio Scottsdale, AZ 1,6171.6k $1.9m $1.9m 0.49% Reduced -80 -80
65 NATIXIS 0.00% of their portfolio PARIS, I0 426426 $489.6k $489.6k 0.00% Unchanged
66 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged