Vault-13

PIONEER NAT RES CO PXD 0.25 05.15.25

NOTE 0.250% 5/1 · US DOMESTIC · CUSIP 723787AP2

68 institutional holders +2 vs Q4 2022
34,821,67434.8m shares reported held*
$1.4bnreported value*
8 new 15 added 31 reduced 6 sold out net sold ≈ $133.7m (-7.1m 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. Holder counts are more reliable. Implied quarter-end price ≈ $40.22.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 66Q4 22: 66Q1 23: 6868Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202266
Q4 202266
Q1 202368

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 22: 16 bought or addedQ4 22: 44 cut or sold outQ4 22Q1 23: 23 bought or addedQ1 23: 37 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221644
Q1 20232337

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ3 22 calls: $0Q3 22 puts: $2.2mQ3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$2.2m—
Q4 2022$0$0—
Q1 2023$0$0—

Biggest buyers

Elequin Capital, LP New +32,083,000+32.1m
TWO SIGMA INVESTMENTS, LP Added +14,250,000+14.2m
WOLVERINE ASSET MANAGEMENT LLC New +12,000,000+12.0m
BLUEFIN CAPITAL MANAGEMENT, LLC Added +10,895,000+10.9m
JANE STREET GROUP, LLC Added +4,845,000+4.8m
BANK OF NOVA SCOTIA Added +4,111,334+4.1m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +3,500,000+3.5m
ADVENT CAPITAL MANAGEMENT /DE/ Added +3,338,000+3.3m
FMR LLC Added +2,448,000+2.4m
Thrivent Financial for Lutherans Added +1,850,000+1.9m

Biggest sellers

MacKay Shields LLC Reduced -30,853,000-30.9m
Warberg Asset Management LLC Reduced -13,096,000-13.1m
VOYA INVESTMENT MANAGEMENT LLC Reduced -12,850,000-12.8m
JPMORGAN CHASE & CO Reduced -12,511,000-12.5m
LAZARD ASSET MANAGEMENT LLC Reduced -9,554,000-9.6m
Calamos Advisors LLC Reduced -8,631,000-8.6m
LORD, ABBETT & CO. LLC Reduced -8,206,000-8.2m
LORD, ABBETT & CO. LLC Reduced -8,206,000-8.2m
BlackRock Inc. Reduced -6,834,000-6.8m
STATE STREET CORP Reduced -5,570,000-5.6m

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Calamos Advisors LLC 0.96% of their portfolio NAPERVILLE, IL 89,457,00089.5m $191.5m $191.5m 0.96% Reduced -8.6m -8,631,000
2 TWO SIGMA INVESTMENTS, LP 0.34% of their portfolio NEW YORK, NY 53,436,00053.4m $114.1m $114.1m 0.34% Added +14.2m +14,250,000
3 Alberta Investment Management Corp 1.04% of their portfolio EDMONTON, A0 49,894,00049.9m $106.9m $106.9m 1.04% Unchanged
4 VICTORY CAPITAL MANAGEMENT INC 0.12% of their portfolio San Antonio, TX 49,685,00049.7m $106.3m $106.3m 0.12% Reduced -1.4m -1,362,000
5 LAZARD ASSET MANAGEMENT LLC 0.12% of their portfolio NEW YORK, NY 43,508,00043.5m $93.1m $93.1m 0.12% Reduced -9.6m -9,554,000
6 ADVENT CAPITAL MANAGEMENT /DE/ 1.69% of their portfolio NEW YORK, NY 41,183,00041.2m $88.1m $88.1m 1.69% Added +3.3m +3,338,000
7 MacKay Shields LLC 2.06% of their portfolio New York, NY 35,131,00035.1m $75.2m $75.2m 2.06% Reduced -30.9m -30,853,000
8 Elequin Capital, LP 46.52% of their portfolio NEW YORK, NY 32,083,00032.1m $66.2m $66.2m 46.52% New
9 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 23,900,00023.9m $51.0m $51.0m 0.02% Added +3.5m +3,500,000
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 18,358,00018.4m $39.3m $39.3m 0.00% Reduced -5.6m -5,570,000
11 SSI INVESTMENT MANAGEMENT LLC 2.71% of their portfolio Los Angeles, CA 18,073,00018.1m $38.6m $38.6m 2.71% Reduced -3.4m -3,371,000
12 FMR LLC 0.00% of their portfolio BOSTON, MA 17,996,00018.0m $38.4m $38.4m 0.00% Added +2.4m +2,448,000
13 BLUEFIN CAPITAL MANAGEMENT, LLC 4.83% of their portfolio NEW YORK, NY 16,042,00016.0m $34.2m $34.2m 4.83% Added +10.9m +10,895,000
14 CREDIT SUISSE AG/ 0.03% of their portfolio ZURICH, V8 15,350,00015.3m $33.8m $33.8m 0.03% Reduced -3.3m -3,300,000
15 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 14,326,00014.3m $30.7m $30.7m 0.00% Reduced -12.5m -12,511,000
16 Thrivent Financial for Lutherans 0.07% of their portfolio Minneapolis, MN 13,006,00013.0m $27.8m $27.8m 0.07% Added +1.9m +1,850,000
17 WOLVERINE ASSET MANAGEMENT LLC 0.46% of their portfolio CHICAGO, IL 12,000,00012.0m $25.7m $25.7m 0.46% New
18 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 10,840,00010.8m $23.2m $23.2m 0.02% Reduced -12.8m -12,850,000
19 LORD, ABBETT & CO. LLC 0.04% of their portfolio JERSEY CITY, NJ 10,330,00010.3m $22.1m $22.1m 0.04% Reduced -8.2m -8,206,000
20 LORD, ABBETT & CO. LLC 0.04% of their portfolio JERSEY CITY, NJ 10,330,00010.3m $22.1m $22.1m 0.04% Reduced -8.2m -8,206,000
21 CQS (US), LLC 2.00% of their portfolio NEW YORK, NY 7,400,0007.4m $15.9m $15.9m 2.00% Reduced -3.3m -3,284,000
22 AEGON USA Investment Management, LLC 4.31% of their portfolio CEDAR RAPIDS, IA 7,078,0007.1m $15.1m $15.1m 4.31% Unchanged
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 6,742,0006.7m $14.4m $14.4m 0.00% Added +7.0k +7,000
24 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 6,349,0006.3m $13.6m $13.6m 0.00% Reduced -329.0k -329,000
25 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 5,415,0005.4m $11.6m $11.6m 0.00% Reduced -1.9m -1,878,000
26 BlackRock Inc. 0.00% of their portfolio New York, NY 5,324,0005.3m $11.4m $11.4m 0.00% Reduced -6.8m -6,834,000
27 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 5,300,0005.3m $11.3m $11.3m 0.02% Added +4.8m +4,845,000
28 PUTNAM INVESTMENTS LLC 0.02% of their portfolio BOSTON, MA 5,213,0005.2m $11.1m $11.1m 0.02% Reduced -328.0k -328,000
29 Warberg Asset Management LLC 2.93% of their portfolio WINNETKA, IL 4,542,0004.5m $9.8m $9.8m 2.93% Reduced -13.1m -13,096,000
30 BANK OF NOVA SCOTIA 0.03% of their portfolio TORONTO, A6 4,163,0004.2m $8.9m $8.9m 0.03% Added +4.1m +4,111,334
31 CONNING INC. 0.30% of their portfolio HARTFORD, CT 4,135,0004.1m $8.8m $8.8m 0.30% Unchanged
32 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 3,750,0003.8m $8.0m $8.0m 0.01% Reduced -3.0m -3,000,000
33 Nicholas Investment Partners, LP 0.43% of their portfolio RANCHO SANTA FE, CA 2,655,0002.7m $5.7m $5.7m 0.43% Unchanged
34 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,589,0001.6m $3.4m $3.4m 0.00% Added +10.0k +10,000
35 FIRST HAWAIIAN BANK 0.09% of their portfolio HONOLULU, HI 1,258,0001.3m $2.7m $2.7m 0.09% Reduced -464.0k -464,000
36 PALISADE CAPITAL MANAGEMENT, LP 0.05% of their portfolio FORT LEE, NJ 931,000931.0k $2.0m $2.0m 0.05% Added +500.0k +500,000
37 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 800,000800.0k $1.7m $1.7m 0.01% Reduced -950.0k -950,000
38 SHENKMAN CAPITAL MANAGEMENT INC 0.10% of their portfolio NEW YORK, NY 589,000589.0k $1.3m $1.3m 0.10% Unchanged
39 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 374,000374.0k $800.0k $800.0k 0.00% Reduced -1.4m -1,419,000
40 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 350,000350.0k $749.6k $749.6k 0.00% Reduced -100.0k -100,000
41 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 295,000295.0k $621.6k $621.6k 0.00% Added +120.0k +120,000
42 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 249,000249.0k $531.6k $531.6k 0.00% Reduced -299.0k -299,000
43 Liberty Mutual Group Asset Management Inc. 0.10% of their portfolio Boston, MA 200,000200.0k $427.0k $427.0k 0.10% Unchanged
44 Quaero Capital S.A. 0.31% of their portfolio GENEVE, V8 200,000200.0k $427.0k $427.0k 0.31% New
45 Calamos Wealth Management LLC 0.03% of their portfolio NAPERVILLE, IL 173,000173.0k $370.3k $370.3k 0.03% Reduced -5.0k -5,000
46 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 161,000161.0k $344.5k $344.5k 0.00% Added +35.0k +35,000
47 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 100,000100.0k $214.2k $214.2k 0.00% Added +17.0k +17,000
48 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 86,00086.0k $183.6k $183.6k 0.00% Reduced -55.0k -55,000
49 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 74,00074.0k $158.0k $158.0k 0.00% Unchanged
50 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 31,00031.0k $66.2k $66.2k 0.00% Reduced -21.0k -21,000
51 Balboa Wealth Partners 0.02% of their portfolio SCOTTSDALE, AZ 30,00030.0k $64.1k $64.1k 0.02% Reduced -18.0k -18,000
52 HOHIMER WEALTH MANAGEMENT, LLC 0.02% of their portfolio SEATTLE, WA 26,00026.0k $55.5k $55.5k 0.02% Unchanged
53 Goldstein Advisors, LLC 0.01% of their portfolio Madison, WI 22,00022.0k $47.0k $47.0k 0.01% Reduced -7.0k -7,000
54 Northside Capital Management, LLC 0.01% of their portfolio Hood River, OR 20,00020.0k $42.7k $42.7k 0.01% Unchanged
55 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 18,00018.0k $38.4k $38.4k 0.00% Unchanged
56 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 17,00017.0k $36.3k $36.3k 0.00% New
57 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 15,31115.3k $3.1m $3.1m 0.01% Added +193 +193
58 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 13,00013.0k $27.8k $27.8k 0.00% Reduced -131.0k -131,000
59 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 12,81012.8k $12.8k $12.8k 0.00% New
60 Iron Horse Wealth Management, LLC 0.01% of their portfolio JOHSTON, IA 11,00011.0k $23.5k $23.5k 0.01% New
61 SG Americas Securities, LLC 0.02% of their portfolio NEW YORK, NY 8,6008.6k $1.8m $1.8m 0.02% Unchanged
62 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 4,0004.0k $8.5k $8.5k 0.00% Reduced -25.0k -25,000
63 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 3,0003.0k $640.5k $640.5k 0.00% New
64 LAFFER TENGLER INVESTMENTS, INC. 1.37% of their portfolio Scottsdale, AZ 2,3632.4k $5.1m $5.1m 1.37% Reduced -29 -29
65 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 1,0001.0k $2.1k $2.1k 0.00% New
66 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,0001.0k $2.1k $2.1k 0.00% Unchanged
67 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,0001.0k $2.1k $2.1k 0.00% Unchanged
68 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged