Vault-13

PIONEER NAT RES CO PXD 0.25 05.15.25

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

67 institutional holders -1 vs Q1 2023
21,471,25521.5m shares reported held*
$1.2bnreported value*
6 new 9 added 33 reduced 8 sold out net sold ≈ $190.4m (-13.4m 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 ($9.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $57.86.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 66Q4 22: 66Q1 23: 68Q2 23: 6767Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202266
Q4 202266
Q1 202368
Q2 202367

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 23Q2 23: 15 bought or addedQ2 23: 41 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221644
Q1 20232337
Q2 20231541

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 —Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$2.2m—
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$0$0—

Biggest buyers

PIPER SANDLER & CO. New +14,488,000+14.5m
DeepCurrents Investment Group LLC New +13,207,000+13.2m
WELLS FARGO & COMPANY/MN Added +7,987,000+8.0m
VOYA INVESTMENT MANAGEMENT LLC Added +2,960,000+3.0m
Skaana Management L.P. New +2,250,000+2.2m
MacKay Shields LLC Added +1,859,000+1.9m
CITIGROUP INC Added +1,850,000+1.9m
STATE STREET CORP Added +1,400,000+1.4m
MORGAN STANLEY Added +33,000+33.0k
BARCLAYS PLC Added +32,000+32.0k

Biggest sellers

Elequin Capital, LP Reduced -31,083,000-31.1m
BLUEFIN CAPITAL MANAGEMENT, LLC Sold out -16,042,000-16.0m
Alberta Investment Management Corp Reduced -12,894,000-12.9m
WOLVERINE ASSET MANAGEMENT LLC Sold out -12,000,000-12.0m
AEGON USA Investment Management, LLC Sold out -7,078,000-7.1m
FMR LLC Reduced -5,558,000-5.6m
JANE STREET GROUP, LLC Sold out -5,300,000-5.3m
PUTNAM INVESTMENTS LLC Reduced -5,134,000-5.1m
TWO SIGMA INVESTMENTS, LP Reduced -4,600,000-4.6m
BANK OF NOVA SCOTIA Sold out -4,163,000-4.2m

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Calamos Advisors LLC 1.00% of their portfolio NAPERVILLE, IL 89,404,00089.4m $196.8m $196.8m 1.00% Reduced -53.0k -53,000
2 TWO SIGMA INVESTMENTS, LP 0.29% of their portfolio NEW YORK, NY 48,836,00048.8m $107.4m $107.4m 0.29% Reduced -4.6m -4,600,000
3 VICTORY CAPITAL MANAGEMENT INC 0.11% of their portfolio San Antonio, TX 46,956,00047.0m $103.2m $103.2m 0.11% Reduced -2.7m -2,729,000
4 LAZARD ASSET MANAGEMENT LLC 0.11% of their portfolio NEW YORK, NY 42,243,00042.2m $93.1m $93.1m 0.11% Reduced -1.3m -1,265,000
5 ADVENT CAPITAL MANAGEMENT /DE/ 1.75% of their portfolio NEW YORK, NY 39,546,00039.5m $87.1m $87.1m 1.75% Reduced -1.6m -1,637,000
6 Alberta Investment Management Corp 0.78% of their portfolio EDMONTON, A0 37,000,00037.0m $81.4m $81.4m 0.78% Reduced -12.9m -12,894,000
7 MacKay Shields LLC 2.28% of their portfolio New York, NY 36,990,00037.0m $81.5m $81.5m 2.28% Added +1.9m +1,859,000
8 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% Unchanged
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 19,758,00019.8m $43.5m $43.5m 0.00% Added +1.4m +1,400,000
10 SSI INVESTMENT MANAGEMENT LLC 2.42% of their portfolio Los Angeles, CA 15,709,00015.7m $34.5m $34.5m 2.42% Reduced -2.4m -2,364,000
11 PIPER SANDLER & CO. 32.95% of their portfolio MINNEAPOLIS, MN 14,488,00014.5m $30.9m $30.9m 32.95% New
12 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 14,336,00014.3m $31.6m $31.6m 0.01% Added +8.0m +7,987,000
13 VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio ATLANTA, GA 13,800,00013.8m $30.4m $30.4m 0.03% Added +3.0m +2,960,000
14 DeepCurrents Investment Group LLC 1.25% of their portfolio NEW YORK, NY 13,207,00013.2m $29.1m $29.1m 1.25% New
15 Thrivent Financial for Lutherans 0.06% of their portfolio Minneapolis, MN 12,856,00012.9m $28.3m $28.3m 0.06% Reduced -150.0k -150,000
16 FMR LLC 0.00% of their portfolio BOSTON, MA 12,438,00012.4m $27.3m $27.3m 0.00% Reduced -5.6m -5,558,000
17 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 11,650,00011.7m $11.7m $11.7m 0.01% Reduced -3.7m -3,700,000
18 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 10,222,00010.2m $22.5m $22.5m 0.00% Reduced -4.1m -4,104,000
19 LORD, ABBETT & CO. LLC 0.03% of their portfolio JERSEY CITY, NJ 7,642,0007.6m $16.8m $16.8m 0.03% Reduced -2.7m -2,688,000
20 LORD, ABBETT & CO. LLC 0.03% of their portfolio JERSEY CITY, NJ 7,642,0007.6m $16.8m $16.8m 0.03% Reduced -2.7m -2,688,000
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 5,727,0005.7m $12.6m $12.6m 0.00% Reduced -1.0m -1,015,000
22 CQS (US), LLC 1.48% of their portfolio NEW YORK, NY 5,600,0005.6m $12.3m $12.3m 1.48% Reduced -1.8m -1,800,000
23 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 5,415,0005.4m $11.9m $11.9m 0.00% Unchanged
24 BlackRock Inc. 0.00% of their portfolio New York, NY 4,749,0004.7m $10.4m $10.4m 0.00% Reduced -575.0k -575,000
25 CONNING INC. 0.31% of their portfolio HARTFORD, CT 4,135,0004.1m $9.1m $9.1m 0.31% Unchanged
26 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 3,750,0003.8m $8.3m $8.3m 0.01% Unchanged
27 Warberg Asset Management LLC 1.67% of their portfolio WINNETKA, IL 2,666,0002.7m $5.9m $5.9m 1.67% Reduced -1.9m -1,876,000
28 Nicholas Investment Partners, LP 0.40% of their portfolio RANCHO SANTA FE, CA 2,655,0002.7m $5.8m $5.8m 0.40% Unchanged
29 Skaana Management L.P. 1.45% of their portfolio BROOKLYN, NY 2,250,0002.2m $4.9m $4.9m 1.45% New
30 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 1,854,0001.9m $4.1m $4.1m 0.01% Added +1.9m +1,850,000
31 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,004,0001.0m $2.2m $2.2m 0.00% Reduced -585.0k -585,000
32 Elequin Capital, LP 1.13% of their portfolio NEW YORK, NY 1,000,0001.0m $2.2m $2.2m 1.13% Reduced -31.1m -31,083,000
33 FIRST HAWAIIAN BANK 0.07% of their portfolio HONOLULU, HI 921,000921.0k $2.0m $2.0m 0.07% Reduced -337.0k -337,000
34 PALISADE CAPITAL MANAGEMENT, LP 0.04% of their portfolio FORT LEE, NJ 699,000699.0k $1.5m $1.5m 0.04% Reduced -232.0k -232,000
35 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 425,000425.0k $934.4k $934.4k 0.01% Reduced -375.0k -375,000
36 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 374,000374.0k $824.0k $824.0k 0.00% Unchanged
37 SHENKMAN CAPITAL MANAGEMENT INC 0.06% of their portfolio NEW YORK, NY 324,000324.0k $714.1k $714.1k 0.06% Reduced -265.0k -265,000
38 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 262,000262.0k $576.1k $576.1k 0.00% Added +13.0k +13,000
39 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 250,000250.0k $550.7k $550.7k 0.00% Reduced -100.0k -100,000
40 Liberty Mutual Group Asset Management Inc. 0.11% of their portfolio Boston, MA 200,000200.0k $439.7k $439.7k 0.11% Unchanged
41 Quaero Capital S.A. 0.34% of their portfolio GENEVE, V8 200,000200.0k $440.4k $440.4k 0.34% Unchanged
42 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 161,000161.0k $354.8k $354.8k 0.00% Unchanged
43 Calamos Wealth Management LLC 0.02% of their portfolio NAPERVILLE, IL 148,000148.0k $325.7k $325.7k 0.02% Reduced -25.0k -25,000
44 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 132,000132.0k $290.8k $290.8k 0.00% Added +32.0k +32,000
45 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 108,000108.0k $237.5k $237.5k 0.00% Added +22.0k +22,000
46 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 95,00095.0k $207.0k $207.0k 0.00% Reduced -200.0k -200,000
47 PUTNAM INVESTMENTS LLC 0.00% of their portfolio BOSTON, MA 79,00079.0k $173.7k $173.7k 0.00% Reduced -5.1m -5,134,000
48 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 46,00046.0k $101.1k $101.1k 0.00% Added +33.0k +33,000
49 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 31,00031.0k $68.2k $68.2k 0.00% Unchanged
50 Balboa Wealth Partners 0.02% of their portfolio SCOTTSDALE, AZ 27,00027.0k $59.6k $59.6k 0.02% Reduced -3.0k -3,000
51 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 25,00025.0k $55.0k $55.0k 0.00% New
52 Goldstein Advisors, LLC 0.01% of their portfolio Madison, WI 22,00022.0k $48.4k $48.4k 0.01% Unchanged
53 Northside Capital Management, LLC 0.02% of their portfolio Hood River, OR 20,00020.0k $44.2k $44.2k 0.02% Unchanged
54 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 16,00016.0k $35.2k $35.2k 0.00% Reduced -2.0k -2,000
55 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 15,00015.0k $33.0k $33.0k 0.00% Reduced -2.0k -2,000
56 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 13,00013.0k $28.6k $28.6k 0.00% Reduced -61.0k -61,000
57 Iron Horse Wealth Management, LLC 0.01% of their portfolio JOHSTON, IA 11,00011.0k $24.2k $24.2k 0.01% Unchanged
58 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 7,8507.8k $1.7m $1.7m 0.01% Reduced -750 -750
59 COMERICA BANK 0.00% of their portfolio DALLAS, TX 6,0006.0k $0 $0 0.00% First filing
60 Verition Fund Management LLC 0.15% of their portfolio GREENWICH, CT 4,2234.2k $9.3m $9.3m 0.15% New
61 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 4,0004.0k $879.5k $879.5k 0.00% New
62 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 3,0003.0k $659.6k $659.6k 0.00% Unchanged
63 LAFFER TENGLER INVESTMENTS, INC. 1.32% of their portfolio Scottsdale, AZ 2,2552.3k $5.0m $5.0m 1.32% Reduced -108 -108
64 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 1,0001.0k $2.2k $2.2k 0.00% Unchanged
65 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,0001.0k $2.2k $2.2k 0.00% Unchanged
66 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,0001.0k $2.2k $2.2k 0.00% Unchanged
67 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged