Vault-13

PARSONS CORP DEL PSN 2.625 03.01.29

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

74 institutional holders +0 vs Q4 2025
53,870,73553.9m shares reported held*
$748.9mreported value*
14 new 23 added 21 reduced 13 sold out net bought ≈ $10.7m (+10.4m 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 ($3.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $13.96.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

050100Q1 25: 63Q2 25: 76Q3 25: 67Q4 25: 74Q1 26: 7474Q1 25Q2 25Q3 25Q4 25Q1 26
Numbers
QuarterHolders
Q1 202563
Q2 202576
Q3 202567
Q4 202574
Q1 202674

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 25Q4 25: 32 bought or addedQ4 25: 34 cut or sold outQ4 25Q1 26: 37 bought or addedQ1 26: 34 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20254819
Q3 20252833
Q4 20253234
Q1 20263734

Biggest buyers

ZAZOVE ASSOCIATES LLC Added +62,237,000+62.2m
WOLVERINE ASSET MANAGEMENT LLC New +22,378,000+22.4m
BNP PARIBAS FINANCIAL MARKETS Added +12,386,000+12.4m
Amundi Added +9,350,000+9.3m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Added +9,000,000+9.0m
SSI INVESTMENT MANAGEMENT LLC New +8,026,000+8.0m
BARINGS LLC Added +8,018,000+8.0m
MILLENNIUM MANAGEMENT LLC New +7,558,000+7.6m
Wellesley Asset Management Added +5,913,000+5.9m
VICTORY CAPITAL MANAGEMENT INC Added +5,497,000+5.5m

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Reduced -55,000,000-55.0m
SONA ASSET MANAGEMENT (US) LLC Sold out -16,877,000-16.9m
SHENKMAN CAPITAL MANAGEMENT INC Reduced -10,911,000-10.9m
Amundi Sold out -9,000,000-9.0m
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -8,700,000-8.7m
SSI INVESTMENT MANAGEMENT LLC Sold out -8,269,000-8.3m
LAZARD ASSET MANAGEMENT LLC Reduced -7,957,000-8.0m
Universal- Beteiligungs- und Servicegesellschaft mbH Reduced -7,316,000-7.3m
FRANKLIN RESOURCES INC Reduced -5,661,000-5.7m
MORGAN STANLEY Reduced -5,395,000-5.4m

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ZAZOVE ASSOCIATES LLC 5.82% of their portfolio INCLINE VILLAGE, NV 121,474,000121.5m $122.8m $122.8m 5.82% Added +62.2m +62,237,000
2 VOYA INVESTMENT MANAGEMENT LLC 0.11% of their portfolio ATLANTA, GA 109,145,000109.1m $107.7m $107.7m 0.11% Reduced -55.0m -55,000,000
3 VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio San Antonio, TX 51,527,00051.5m $50.9m $50.9m 0.03% Added +5.5m +5,497,000
4 BARINGS LLC 0.73% of their portfolio CHARLOTTE, NC 46,123,00046.1m $45.4m $45.4m 0.73% Added +8.0m +8,018,000
5 ADVENT CAPITAL MANAGEMENT /DE/ 0.95% of their portfolio NEW YORK, NY 32,542,00032.5m $32.2m $32.2m 0.95% Reduced -774.0k -774,000
6 Wellesley Asset Management 2.94% of their portfolio PORTSMOUTH, NH 29,685,00029.7m $28.0m $28.0m 2.94% Added +5.9m +5,913,000
7 MacKay Shields LLC 0.95% of their portfolio New York, NY 26,133,00026.1m $25.8m $25.8m 0.95% Unchanged
8 WOLVERINE ASSET MANAGEMENT LLC 0.34% of their portfolio CHICAGO, IL 22,378,00022.4m $22.1m $22.1m 0.34% New
9 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 21,118,00021.1m $20.9m $20.9m 0.00% Reduced -1.1m -1,115,000
10 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 18,608,00018.6m $18.3m $18.3m 0.00% Reduced -2.9m -2,898,000
11 SHENKMAN CAPITAL MANAGEMENT INC 2.09% of their portfolio NEW YORK, NY 17,094,00017.1m $17.4m $17.4m 2.09% Reduced -10.9m -10,911,000
12 Lombard Odier Asset Management (Europe) Ltd 0.92% of their portfolio LONDON, X0 16,878,00016.9m $16.7m $16.7m 0.92% Added +3.1m +3,138,000
13 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio Paris, I0 16,495,00016.5m $16.3m $16.3m 0.02% Added +9.0m +9,000,000
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 16,350,00016.4m $16.2m $16.2m 0.00% Reduced -1.1m -1,050,000
15 ABSOLUTE INVESTMENT ADVISERS, LLC 1.83% of their portfolio ROSEMARY BEACH, FL 15,833,00015.8m $15.6m $15.6m 1.83% Added +1.8m +1,833,000
16 Amundi 0.00% of their portfolio Paris, I0 15,440,00015.4m $15.2k $15.2k 0.00% Added +9.3m +9,350,000
17 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 14,586,00014.6m $14.4m $14.4m 0.01% Added +12.4m +12,386,000
18 FMR LLC 0.00% of their portfolio BOSTON, MA 14,212,00014.2m $14.0m $14.0m 0.00% Reduced -1.8m -1,810,000
19 BlackRock, Inc. 0.00% of their portfolio New York, NY 13,000,00013.0m $12.8m $12.8m 0.00% Added +2.6m +2,650,000
20 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 12,516,00012.5m $12.3m $12.3m 0.00% Added +1.5m +1,514,000
21 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 12,385,00012.4m $12.4m $12.4m 0.01% Reduced -8.7m -8,700,000
22 READYSTATE ASSET MANAGEMENT LP 0.63% of their portfolio CHICAGO, IL 10,934,00010.9m $10.8m $10.8m 0.63% Reduced -1.1m -1,066,000
23 LORD, ABBETT & CO. LLC 0.03% of their portfolio JERSEY CITY, NJ 9,033,0009.0m $8.9m $8.9m 0.03% Added +513.0k +513,000
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 8,865,0008.9m $8.7m $8.7m 0.00% Reduced -2.6m -2,577,000
25 SSI INVESTMENT MANAGEMENT LLC 0.54% of their portfolio Los Angeles, CA 8,026,0008.0m $7.9m $7.9m 0.54% New
26 OFI INVEST ASSET MANAGEMENT 0.09% of their portfolio ISSY LES MOULINEAUX, I0 8,000,0008.0m $6.9m $6.9m 0.09% Unchanged
27 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 7,950,0008.0m $7.8m $7.8m 0.00% Reduced -5.4m -5,395,000
28 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 7,558,0007.6m $7.5m $7.5m 0.01% New
29 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 7,524,0007.5m $74.2k $74.2k 0.00% Reduced -8.0m -7,957,000
30 CONNING INC. 0.23% of their portfolio HARTFORD, CT 7,050,0007.0m $7.0m $7.0m 0.23% Added +500.0k +500,000
31 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 6,622,0006.6m $6.5m $6.5m 0.00% Added +70.0k +70,000
32 Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio FRANKFURT AM MAIN, 2M 5,056,0005.1m $5.0m $5.0m 0.01% Reduced -7.3m -7,316,000
33 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 4,647,0004.6m $4.6m $4.6m 0.00% Added +32.0k +32,000
34 PALISADE CAPITAL MANAGEMENT, LP 0.13% of their portfolio FORT LEE, NJ 4,100,0004.1m $4.0m $4.0m 0.13% Added +2.2m +2,166,000
35 RWC Asset Management LLP 0.16% of their portfolio LONDON, X0 3,997,0004.0m $3.9m $3.9m 0.16% Added +1.5m +1,500,000
36 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 3,447,0003.4m $3.4m $3.4m 0.00% Unchanged
37 Man Group plc 0.01% of their portfolio LONDON, X0 3,245,0003.2m $3.2m $3.2m 0.01% Reduced -250.0k -250,000
38 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 3,000,0003.0m $3.0m $3.0m 0.01% Unchanged
39 Calamos Advisors LLC 0.01% of their portfolio NAPERVILLE, IL 2,569,0002.6m $2.5m $2.5m 0.01% Reduced -494.0k -494,000
40 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 2,500,0002.5m $2.5m $2.5m 0.00% New
41 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,320,0002.3m $2.3m $2.3m 0.00% Added +1.3m +1,331,000
42 OAKTREE CAPITAL MANAGEMENT LP 0.03% of their portfolio LOS ANGELES, CA 2,060,0002.1m $2.0m $2.0m 0.03% Added +900.0k +900,000
43 BANK OF NOVA SCOTIA 0.00% of their portfolio TORONTO, A6 2,000,0002.0m $2.0m $2.0m 0.00% Unchanged
44 Kohlberg Kravis Roberts & Co. L.P. 0.04% of their portfolio NEW YORK, NY 2,000,0002.0m $2.0m $2.0m 0.04% Unchanged
45 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,900,0001.9m $1.9m $1.9m 0.00% Added +550.0k +550,000
46 GROUPAMA ASSET MANAGMENT 0.02% of their portfolio PARIS, I0 1,200,0001.2m $1.2m $1.2m 0.02% Unchanged
47 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 1,100,0001.1m $1.1m $1.1m 0.00% Reduced -200.0k -200,000
48 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,000,0001.0m $986.5k $986.5k 0.00% New
49 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 725,000725.0k $713.4k $713.4k 0.00% Reduced -158.0k -158,000
50 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 520,000520.0k $512.9k $512.9k 0.00% New
51 DNCA FINANCE 0.02% of their portfolio PARIS, I0 350,000350.0k $346.0k $346.0k 0.02% Reduced -400.0k -400,000
52 Central Pacific Bank - Trust Division 0.04% of their portfolio HONOLULU, HI 346,000346.0k $340.5k $340.5k 0.04% Unchanged
53 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 272,000272.0k $268.3k $268.3k 0.00% Reduced -765.0k -765,000
54 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 240,000240.0k $236.2k $236.2k 0.00% Unchanged
55 UBS Group AG 0.00% of their portfolio ZURICH, V8 176,000176.0k $173.2k $173.2k 0.00% Added +164.0k +164,000
56 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 165,000165.0k $162.8k $162.8k 0.00% Reduced -5.7m -5,661,000
57 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 150,000150.0k $147.6k $147.6k 0.00% Added +54.0k +54,000
58 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 136,000136.0k $135.0k $135.0k 0.00% New
59 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 135,000135.0k $132.8k $132.8k 0.00% Unchanged
60 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 127,000127.0k $125.0k $125.0k 0.00% New
61 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 46,00046.0k $45.3k $45.3k 0.00% Unchanged
62 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 34,00034.0k $33.5k $33.5k 0.00% Unchanged
63 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 31,00031.0k $30.6k $30.6k 0.00% Unchanged
64 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 29,00029.0k $28.5k $28.5k 0.00% New
65 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 18,00018.0k $17.8k $17.8k 0.00% Unchanged
66 FORESIGHT CAPITAL MANAGEMENT ADVISORS, INC. 0.01% of their portfolio SALINE, MI 15,00015.0k $14.8k $14.8k 0.01% Unchanged
67 Calamos Wealth Management LLC 0.00% of their portfolio NAPERVILLE, IL 14,00014.0k $13.9k $13.9k 0.00% Reduced -97.0k -97,000
68 Mariner, LLC 0.00% of their portfolio Overland Park, KS 11,00011.0k $10.8k $10.8k 0.00% New
69 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 10,00010.0k $9.8k $9.8k 0.00% New
70 Suncoast Equity Management 0.00% of their portfolio TAMPA, FL 10,00010.0k $9.9k $9.9k 0.00% New
71 Shaolin Capital Management LLC 0.32% of their portfolio Miami, FL 7,8217.8k $7.8m $7.8m 0.32% New
72 ODDO BHF ASSET MANAGEMENT SAS 0.03% of their portfolio PARIS, I0 735735 $726.5k $726.5k 0.03% Added +150 +150
73 LAFFER TENGLER INVESTMENTS, INC. 0.09% of their portfolio Scottsdale, AZ 641641 $634.6k $634.6k 0.09% New
74 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 00 $0 $0 0.00% Unchanged