Vault-13

PROS HOLDINGS INC PRO 1 05.15.24

NOTE 1.000% 5/1 · US DOMESTIC · CUSIP 74346YAH6

14 institutional holders -1 vs Q4 2022
2,970,0003.0m shares reported held*
$139.2mreported value*
2 new 2 added 1 reduced 3 sold out net bought ≈ $2.8m (-4.5m 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 ($3.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $47.89.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

01020Q3 22: 17Q4 22: 15Q1 23: 1414Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202217
Q4 202215
Q1 202314

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q4 22: 8 bought or addedQ4 22: 10 cut or sold outQ4 22Q1 23: 4 bought or addedQ1 23: 4 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022810
Q1 202344

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. Added +8,500,000+8.5m
Aequim Alternative Investments LP New +7,500,000+7.5m
DeepCurrents Investment Group LLC Added +4,000,000+4.0m
RATIONAL ADVISORS, INC. New +2,970,000+3.0m

Biggest sellers

AVIVA PLC Sold out -10,000,000-10.0m
Aequim Alternative Investments LP Sold out -7,500,000-7.5m
Opti Capital Management, LP Sold out -2,500,000-2.5m
Verition Fund Management LLC Reduced -1,736,812-1.7m

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.43% of their portfolio New York, NY 42,323,00042.3m $40.4m $40.4m 0.43% Unchanged
2 Lynrock Lake LP 1.73% of their portfolio RYE BROOK, NY 39,295,00039.3m $37.2m $37.2m 1.73% Unchanged
3 TENOR CAPITAL MANAGEMENT Co., L.P. 0.65% of their portfolio NEW YORK, NY 34,442,00034.4m $32.9m $32.9m 0.65% Added +8.5m +8,500,000
4 DeepCurrents Investment Group LLC 0.40% of their portfolio NEW YORK, NY 9,693,0009.7m $9.2m $9.2m 0.40% Added +4.0m +4,000,000
5 Aequim Alternative Investments LP 0.23% of their portfolio MILL VALLEY, CA 7,500,0007.5m $7.1m $7.1m 0.23% New
6 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 4,000,0004.0m $3.8m $3.8m 0.00% Unchanged
7 PIER 88 INVESTMENT PARTNERS LLC 0.71% of their portfolio SAN FRANCISCO, CA 3,120,0003.1m $2.9m $2.9m 0.71% Unchanged
8 RATIONAL ADVISORS, INC. 0.23% of their portfolio San Juan, PR 2,970,0003.0m $2.8m $2.8m 0.23% New
9 PALISADE CAPITAL MANAGEMENT, LP 0.05% of their portfolio FORT LEE, NJ 2,001,0002.0m $1.9m $1.9m 0.05% Unchanged
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,013,0001.0m $953.5k $953.5k 0.00% Unchanged
11 ADVENT CAPITAL MANAGEMENT /DE/ 0.00% of their portfolio NEW YORK, NY 75,00075.0k $71.0k $71.0k 0.00% Unchanged
12 Verition Fund Management LLC 0.05% of their portfolio GREENWICH, CT 3,1883.2k $3.0m $3.0m 0.05% Reduced -1.7m -1,736,812
13 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 3,0003.0k $2.8k $2.8k 0.00% Unchanged
14 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged