Vault-13

PROS HOLDINGS INC PRO 2.25 09.15.27

NOTE 2.250% 9/1 · US DOMESTIC · CUSIP 74346YAG8

20 institutional holders -1 vs Q1 2024
12,830,00012.8m shares reported held*
$263.3mreported value*
2 new 1 added 4 reduced 3 sold out net sold ≈ $1.1m (-581.0k 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 ≈ $20.52.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 13Q4 22: 13Q1 23: 14Q2 23: 13Q3 23: 17Q4 23: 20Q1 24: 21Q2 24: 2020Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202213
Q4 202213
Q1 202314
Q2 202313
Q3 202317
Q4 202320
Q1 202421
Q2 202420

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q4 22: 5 bought or addedQ4 22: 4 cut or sold outQ4 22Q1 23: 6 bought or addedQ1 23: 2 cut or sold outQ2 23: 4 bought or addedQ2 23: 6 cut or sold outQ2 23Q3 23: 9 bought or addedQ3 23: 5 cut or sold outQ4 23: 9 bought or addedQ4 23: 6 cut or sold outQ4 23Q1 24: 6 bought or addedQ1 24: 5 cut or sold outQ2 24: 3 bought or addedQ2 24: 7 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202254
Q1 202362
Q2 202346
Q3 202395
Q4 202396
Q1 202465
Q2 202437

Biggest buyers

ARISTEIA CAPITAL, L.L.C. New +4,000,000+4.0m
Calamos Advisors LLC Added +3,000,000+3.0m
Walleye Capital LLC New +3,000,000+3.0m

Biggest sellers

DeepCurrents Investment Group LLC Sold out -3,419,000-3.4m
Nuveen Asset Management, LLC Sold out -2,400,000-2.4m
Linden Advisors LP Reduced -1,500,000-1.5m
CSS LLC/IL Reduced -1,500,000-1.5m
Verition Fund Management LLC Sold out -1,124,000-1.1m
SILVERBACK ASSET MANAGEMENT LLC Reduced -600,000-600.0k
ABSOLUTE INVESTMENT ADVISERS, LLC Reduced -581,000-581.0k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.62% of their portfolio New York, NY 76,577,00076.6m $74.3m $74.3m 0.62% Reduced -1.5m -1,500,000
2 TENOR CAPITAL MANAGEMENT Co., L.P. 0.91% of their portfolio NEW YORK, NY 58,585,00058.6m $57.7m $57.7m 0.91% Unchanged
3 WOLVERINE ASSET MANAGEMENT LLC 0.63% of their portfolio CHICAGO, IL 34,500,00034.5m $33.5m $33.5m 0.63% Unchanged
4 READYSTATE ASSET MANAGEMENT LP 1.18% of their portfolio CHICAGO, IL 25,500,00025.5m $24.9m $24.9m 1.18% Unchanged
5 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 20,000,00020.0m $19.5m $19.5m 0.02% Unchanged
6 ABSOLUTE INVESTMENT ADVISERS, LLC 1.50% of their portfolio ROSEMARY BEACH, FL 10,419,00010.4m $10.1m $10.1m 1.50% Reduced -581.0k -581,000
7 SILVERBACK ASSET MANAGEMENT LLC 1.23% of their portfolio DURHAM, NC 10,200,00010.2m $10.0m $10.0m 1.23% Reduced -600.0k -600,000
8 Calamos Advisors LLC 0.02% of their portfolio NAPERVILLE, IL 5,000,0005.0m $4.9m $4.9m 0.02% Added +3.0m +3,000,000
9 ARISTEIA CAPITAL, L.L.C. 0.15% of their portfolio GREENWICH, CT 4,000,0004.0m $3.9m $3.9m 0.15% New
10 CSS LLC/IL 0.27% of their portfolio CHICAGO, IL 3,739,0003.7m $3.7m $3.7m 0.27% Reduced -1.5m -1,500,000
11 GABELLI FUNDS LLC 0.02% of their portfolio Rye, NY 3,235,0003.2m $3.1m $3.1m 0.02% Unchanged
12 Walleye Capital LLC 0.03% of their portfolio NEW YORK, NY 3,000,0003.0m $2.9m $2.9m 0.03% New
13 RATIONAL ADVISORS, INC. 0.21% of their portfolio San Juan, PR 2,211,0002.2m $2.1m $2.1m 0.21% Unchanged
14 PIER 88 INVESTMENT PARTNERS LLC 0.48% of their portfolio SAN FRANCISCO, CA 2,211,0002.2m $2.1m $2.1m 0.48% Unchanged
15 BlackRock Inc. 0.00% of their portfolio New York, NY 2,000,0002.0m $1.9m $1.9m 0.00% Unchanged
16 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 300,000300.0k $291.0k $291.0k 0.00% Unchanged
17 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $194.2k $194.2k 0.00% Unchanged
18 Context Capital Management, LLC 0.25% of their portfolio LAJOLLA, CA 7,2507.2k $7.1m $7.1m 0.25% Unchanged
19 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged
20 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 00 $977.0k $977.0k 0.00% Unchanged