Vault-13

PARSONS CORP DEL PSN 2.625 03.01.29

NOTE 2.625% 3/0 · US DOMESTIC · CUSIP 70202LAD4

67 institutional holders -9 vs Q2 2025
24,205,03224.2m shares reported held*
$879.7mreported value*
7 new 21 added 19 reduced 14 sold out net bought ≈ $39.1m (-4.1m 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 ($3.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $36.50.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

050100Q1 25: 63Q2 25: 76Q3 25: 6767Q1 25Q2 25Q3 25
Numbers
QuarterHolders
Q1 202563
Q2 202576
Q3 202567

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q2 25: 48 bought or addedQ2 25: 19 cut or sold outQ2 25Q3 25: 28 bought or addedQ3 25: 33 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q2 20254819
Q3 20252833

Biggest buyers

VOYA INVESTMENT MANAGEMENT LLC Added +48,990,000+49.0m
FMR LLC Added +44,906,000+44.9m
VICTORY CAPITAL MANAGEMENT INC Added +20,093,000+20.1m
JPMORGAN CHASE & CO Added +13,164,000+13.2m
OAKTREE CAPITAL MANAGEMENT LP Added +5,707,000+5.7m
BANK OF AMERICA CORP /DE/ Added +3,811,000+3.8m
LORD, ABBETT & CO. LLC Added +3,138,000+3.1m
STATE STREET CORP Added +2,100,000+2.1m
MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +1,085,000+1.1m
STATE OF WISCONSIN INVESTMENT BOARD Added +1,000,000+1.0m

Biggest sellers

TWO SIGMA INVESTMENTS, LP Sold out -21,000,000-21.0m
Amundi Sold out -13,890,000-13.9m
ZAZOVE ASSOCIATES LLC Reduced -13,644,000-13.6m
Calamos Advisors LLC Reduced -10,972,000-11.0m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -8,277,000-8.3m
MILLENNIUM MANAGEMENT LLC Sold out -6,290,000-6.3m
NEW YORK STATE COMMON RETIREMENT FUND Sold out -3,837,000-3.8m
AMERIPRISE FINANCIAL INC Reduced -3,500,000-3.5m
LAZARD ASSET MANAGEMENT LLC Sold out -3,424,000-3.4m
AXA S.A. Sold out -3,230,000-3.2m

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.21% of their portfolio ATLANTA, GA 181,490,000181.5m $207.4m $207.4m 0.21% Added +49.0m +48,990,000
2 FMR LLC 0.00% of their portfolio BOSTON, MA 60,619,00060.6m $69.1m $69.1m 0.00% Added +44.9m +44,906,000
3 ZAZOVE ASSOCIATES LLC 5.90% of their portfolio INCLINE VILLAGE, NV 56,887,00056.9m $64.9m $64.9m 5.90% Reduced -13.6m -13,644,000
4 VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio San Antonio, TX 38,931,00038.9m $44.4m $44.4m 0.03% Added +20.1m +20,093,000
5 ADVENT CAPITAL MANAGEMENT /DE/ 0.91% of their portfolio NEW YORK, NY 35,335,00035.3m $40.4m $40.4m 0.91% Reduced -8.3m -8,277,000
6 BARINGS LLC 0.65% of their portfolio CHARLOTTE, NC 30,086,00030.1m $34.3m $34.3m 0.65% Added +131.0k +131,000
7 Calamos Advisors LLC 0.12% of their portfolio NAPERVILLE, IL 26,996,00027.0m $30.8m $30.8m 0.12% Reduced -11.0m -10,972,000
8 MacKay Shields LLC 1.03% of their portfolio New York, NY 26,441,00026.4m $30.2m $30.2m 1.03% Added +2.0k +2,000
9 Wellesley Asset Management 2.88% of their portfolio PORTSMOUTH, NH 24,889,00024.9m $28.7m $28.7m 2.88% Reduced -775.0k -775,000
10 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 24,572,00024.6m $28.1m $28.1m 0.00% Reduced -1.0m -1,021,000
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 22,632,00022.6m $25.8m $25.8m 0.00% Added +13.2m +13,164,000
12 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 21,085,00021.1m $24.0m $24.0m 0.02% Added +1.1m +1,085,000
13 LORD, ABBETT & CO. LLC 0.07% of their portfolio JERSEY CITY, NJ 19,250,00019.2m $22.0m $22.0m 0.07% Added +3.1m +3,138,000
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 16,900,00016.9m $19.3m $19.3m 0.00% Added +2.1m +2,100,000
15 SSI INVESTMENT MANAGEMENT LLC 1.14% of their portfolio Los Angeles, CA 14,596,00014.6m $16.6m $16.6m 1.14% Reduced -2.2m -2,151,000
16 OAKTREE CAPITAL MANAGEMENT LP 0.25% of their portfolio LOS ANGELES, CA 12,910,00012.9m $14.7m $14.7m 0.25% Added +5.7m +5,707,000
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 12,850,00012.8m $14.6m $14.6m 0.00% Added +450.0k +450,000
18 Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio FRANKFURT AM MAIN, 2M 12,737,00012.7m $14.6m $14.6m 0.02% Reduced -120.0k -120,000
19 SHENKMAN CAPITAL MANAGEMENT INC 1.18% of their portfolio NEW YORK, NY 10,122,00010.1m $12.0m $12.0m 1.18% Reduced -2.3m -2,326,000
20 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 10,000,00010.0m $11.4m $11.4m 0.00% Reduced -3.5m -3,500,000
21 ABSOLUTE INVESTMENT ADVISERS, LLC 1.43% of their portfolio ROSEMARY BEACH, FL 10,000,00010.0m $11.4m $11.4m 1.43% Unchanged
22 GABELLI FUNDS LLC 0.07% of their portfolio Rye, NY 8,700,0008.7m $9.9m $9.9m 0.07% Unchanged
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 8,406,0008.4m $9.6m $9.6m 0.00% Added +3.8m +3,811,000
24 OFI INVEST ASSET MANAGEMENT 0.16% of their portfolio ISSY LES MOULINEAUX, I0 8,000,0008.0m $7.8m $7.8m 0.16% Unchanged
25 BlackRock, Inc. 0.00% of their portfolio New York, NY 7,675,0007.7m $8.7m $8.7m 0.00% Added +125.0k +125,000
26 CONNING INC. 0.25% of their portfolio HARTFORD, CT 6,550,0006.5m $7.5m $7.5m 0.25% Unchanged
27 Man Group plc 0.01% of their portfolio LONDON, X0 5,105,0005.1m $5.8m $5.8m 0.01% Reduced -600.0k -600,000
28 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 4,800,0004.8m $5.5m $5.5m 0.00% Unchanged
29 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 4,471,0004.5m $5.1m $5.1m 0.01% Added +131.0k +131,000
30 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 3,447,0003.4m $3.9m $3.9m 0.00% Unchanged
31 RWC Asset Management LLP 0.18% of their portfolio LONDON, X0 3,313,0003.3m $3.8m $3.8m 0.18% Reduced -387.0k -387,000
32 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 3,000,0003.0m $3.4m $3.4m 0.01% Added +1.0m +1,000,000
33 WESTWOOD HOLDINGS GROUP INC 0.02% of their portfolio DALLAS, TX 3,000,0003.0m $3.4m $3.4m 0.02% Unchanged
34 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 2,934,0002.9m $3.3m $3.3m 0.00% Added +798.0k +798,000
35 AXA Investment Managers S.A. 0.01% of their portfolio PUTEAUX, I0 2,645,0002.6m $3.0m $3.0m 0.01% First filing
36 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 2,100,0002.1m $2.4m $2.4m 0.00% Added +850.0k +850,000
37 PALISADE CAPITAL MANAGEMENT, LP 0.06% of their portfolio FORT LEE, NJ 2,000,0002.0m $2.3m $2.3m 0.06% Unchanged
38 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,750,0001.8m $2.0m $2.0m 0.00% Added +300.0k +300,000
39 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 1,500,0001.5m $1.7m $1.7m 0.01% Unchanged
40 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 1,500,0001.5m $1.7m $1.7m 0.00% Unchanged
41 Kohlberg Kravis Roberts & Co. L.P. 0.03% of their portfolio NEW YORK, NY 1,340,0001.3m $1.5m $1.5m 0.03% Added +365.0k +365,000
42 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,010,0001.0m $1.2m $1.2m 0.00% Added +160.0k +160,000
43 PROSPECTOR PARTNERS LLC 0.14% of their portfolio GUILFORD, CT 1,000,0001.0m $1.1m $1.1m 0.14% Unchanged
44 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 782,000782.0k $891.4k $891.4k 0.00% Reduced -2.8m -2,759,000
45 DNCA FINANCE 0.06% of their portfolio PARIS, I0 750,000750.0k $856.5k $856.5k 0.06% Unchanged
46 AQR Arbitrage LLC 0.01% of their portfolio Greenwich, CT 500,000500.0k $571.2k $571.2k 0.01% New
47 Lombard Odier Asset Management (Europe) Ltd 0.90% of their portfolio LONDON, X0 497,032497.0k $17.6m $17.6m 0.90% New
48 Central Pacific Bank - Trust Division 0.07% of their portfolio HONOLULU, HI 484,000484.0k $551.8k $551.8k 0.07% Unchanged
49 Calamos Wealth Management LLC 0.02% of their portfolio NAPERVILLE, IL 458,000458.0k $522.9k $522.9k 0.02% Reduced -36.0k -36,000
50 MIZUHO SECURITIES USA LLC 0.01% of their portfolio NEW YORK, NY 390,000390.0k $435.7k $435.7k 0.01% New
51 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 333,000333.0k $379.3k $379.3k 0.00% Reduced -1.1m -1,144,000
52 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 240,000240.0k $273.6k $273.6k 0.00% Unchanged
53 Linden Advisors LP 0.00% of their portfolio New York, NY 235,000235.0k $268.1k $268.1k 0.00% Reduced -2.0m -2,000,000
54 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 152,000152.0k $171.0k $171.0k 0.00% New
55 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 135,000135.0k $153.9k $153.9k 0.00% Reduced -10.0k -10,000
56 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 99,00099.0k $82.1k $82.1k 0.00% Reduced -260.0k -260,000
57 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 46,00046.0k $52.4k $52.4k 0.00% Unchanged
58 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 31,00031.0k $35.4k $35.4k 0.00% Unchanged
59 UBS Group AG 0.00% of their portfolio ZURICH, V8 30,00030.0k $34.2k $34.2k 0.00% Reduced -432.0k -432,000
60 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 28,00028.0k $31.9k $31.9k 0.00% Added +15.0k +15,000
61 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 24,00024.0k $27.4k $27.4k 0.00% New
62 FORESIGHT CAPITAL MANAGEMENT ADVISORS, INC. 0.01% of their portfolio SALINE, MI 15,00015.0k $17.1k $17.1k 0.01% Unchanged
63 COMERICA BANK 0.00% of their portfolio DALLAS, TX 10,00010.0k $11.4k $11.4k 0.00% Unchanged
64 LAFFER TENGLER INVESTMENTS, INC. 0.12% of their portfolio Scottsdale, AZ 6,5306.5k $746.8k $746.8k 0.12% New
65 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 2,0002.0k $2.3k $2.3k 0.00% New
66 Alken Asset Management Ltd 0.04% of their portfolio LONDON, X0 1,8501.9k $2.1k $2.1k 0.04% Unchanged
67 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 00 $0 $0 0.00% Reduced -750.0k -750,000