Vault-13

PURE STORAGE INC PSTG 0.125 04.15.23

NOTE 0.125% 4/1 · US DOMESTIC · CUSIP 74624MAB8

51 institutional holders -9 vs Q4 2022
26,311,00026.3m shares reported held*
$577.7mreported value*
10 new 11 added 17 reduced 19 sold out net bought ≈ $28.3m (+7.5m 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 ($16.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.56.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 64Q4 22: 60Q1 23: 5151Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202264
Q4 202260
Q1 202351

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 25 bought or addedQ4 22: 24 cut or sold outQ4 22Q1 23: 21 bought or addedQ1 23: 36 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222524
Q1 20232136

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 22 calls: $14.6mQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$14.6m$00.00
Q4 2022$0$0—
Q1 2023$0$0—

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. Added +60,828,000+60.8m
III Capital Management Added +53,372,000+53.4m
Skaana Management L.P. New +10,618,000+10.6m
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +10,450,000+10.4m
PIPER SANDLER & CO. New +10,000,000+10.0m
DLD Asset Management, LP New +5,360,000+5.4m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Added +5,000,000+5.0m
JANE STREET GROUP, LLC New +4,175,000+4.2m
GOLDMAN SACHS GROUP INC Added +3,500,000+3.5m
Polar Capital Holdings Plc New +3,000,000+3.0m

Biggest sellers

Shaolin Capital Management LLC Sold out -30,000,000-30.0m
Balyasny Asset Management L.P. Sold out -20,000,000-20.0m
Verition Fund Management LLC Reduced -16,529,808-16.5m
STATE STREET CORP Sold out -13,508,000-13.5m
SILVERBACK ASSET MANAGEMENT LLC Sold out -12,450,000-12.4m
SCHRODER INVESTMENT MANAGEMENT GROUP Reduced -11,064,000-11.1m
CITADEL ADVISORS LLC Sold out -8,000,000-8.0m
BNP PARIBAS FINANCIAL MARKETS Sold out -5,795,000-5.8m
BlackRock Inc. Sold out -5,305,000-5.3m
Warberg Asset Management LLC Sold out -5,000,000-5.0m

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 2.59% of their portfolio NEW YORK, NY 130,223,000130.2m $130.3m $130.3m 2.59% Added +60.8m +60,828,000
2 III Capital Management 4.27% of their portfolio BOCA RATON, FL 62,371,00062.4m $62.4m $62.4m 4.27% Added +53.4m +53,372,000
3 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 59,370,00059.4m $59.3m $59.3m 0.01% Added +1.1m +1,070,000
4 DeepCurrents Investment Group LLC 2.18% of their portfolio NEW YORK, NY 50,523,00050.5m $50.5m $50.5m 2.18% Reduced -4.5m -4,500,000
5 D. E. Shaw & Co., Inc. 0.07% of their portfolio New York, NY 44,515,00044.5m $44.4m $44.4m 0.07% Unchanged
6 CAMDEN ASSET MANAGEMENT L P /CA 1.31% of their portfolio Los Angeles, CA 38,617,00038.6m $39.2m $39.2m 1.31% Reduced -1.8m -1,800,000
7 CAPSTONE INVESTMENT ADVISORS, LLC 1.07% of their portfolio NEW YORK, NY 34,500,00034.5m $34.5m $34.5m 1.07% Unchanged
8 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.04% of their portfolio Paris, I0 12,500,00012.5m $12.5m $12.5m 0.04% Added +5.0m +5,000,000
9 Skaana Management L.P. 6.36% of their portfolio BROOKLYN, NY 10,618,00010.6m $10.8m $10.8m 6.36% New
10 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 10,450,00010.4m $10.4m $10.4m 0.02% New
11 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 10,377,00010.4m $10.5m $10.5m 0.00% Added +3.5m +3,500,000
12 PIPER SANDLER & CO. 6.96% of their portfolio MINNEAPOLIS, MN 10,000,00010.0m $10.0m $10.0m 6.96% New
13 SHENKMAN CAPITAL MANAGEMENT INC 0.71% of their portfolio NEW YORK, NY 9,264,0009.3m $9.4m $9.4m 0.71% Reduced -3.9m -3,861,000
14 WOLVERINE ASSET MANAGEMENT LLC 0.16% of their portfolio CHICAGO, IL 8,900,0008.9m $9.0m $9.0m 0.16% Unchanged
15 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 8,530,0008.5m $8.7m $8.7m 0.01% Reduced -2.0m -2,000,000
16 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 8,447,0008.4m $8.6m $8.6m 0.01% Reduced -11.1m -11,064,000
17 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 7,250,0007.2m $7.2m $7.2m 0.01% Added +250.0k +250,000
18 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 5,581,0005.6m $5.4m $5.4m 0.00% Reduced -2.5m -2,479,000
19 DLD Asset Management, LP 0.54% of their portfolio NEW YORK, NY 5,360,0005.4m $5.4m $5.4m 0.54% New
20 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 4,175,0004.2m $4.3m $4.3m 0.01% New
21 Man Group plc 0.01% of their portfolio LONDON, X0 4,160,0004.2m $4.2m $4.2m 0.01% Reduced -200.0k -200,000
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 4,077,0004.1m $4.1m $4.1m 0.00% Reduced -1.7m -1,655,000
23 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 3,355,0003.4m $3.4m $3.4m 0.00% Added +3.0m +2,970,000
24 Sonora Investment Management Group, LLC 0.27% of their portfolio TUCSON, AZ 3,075,0003.1m $3.1m $3.1m 0.27% Reduced -3.3m -3,260,000
25 Polar Capital Holdings Plc 0.02% of their portfolio London, X0 3,000,0003.0m $3.1m $3.1m 0.02% New
26 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 2,970,0003.0m $3.0m $3.0m 0.00% Added +1.5m +1,457,000
27 PALISADE CAPITAL MANAGEMENT, LP 0.08% of their portfolio FORT LEE, NJ 2,890,0002.9m $2.9m $2.9m 0.08% Reduced -120.0k -120,000
28 BOOTHBAY FUND MANAGEMENT, LLC 0.06% of their portfolio NEW YORK, NY 2,105,0002.1m $2.1m $2.1m 0.06% New
29 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 1,500,0001.5m $1.5m $1.5m 0.00% New
30 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 1,175,0001.2m $1.2m $1.2m 0.01% Unchanged
31 EDMOND DE ROTHSCHILD HOLDING S.A. 0.02% of their portfolio CHAMBESY, V8 1,015,0001.0m $1.0m $1.0m 0.02% Unchanged
32 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 1,000,0001.0m $1.2m $1.2m 0.00% Reduced -1.0m -1,000,000
33 LBP AM SA 0.03% of their portfolio Paris, I0 1,000,0001.0m $1.0m $1.0m 0.03% Unchanged
34 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 750,000750.0k $748.1k $748.1k 0.00% Reduced -500.0k -500,000
35 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 625,000625.0k $635.6k $635.6k 0.00% Unchanged
36 Liberty Mutual Group Asset Management Inc. 0.13% of their portfolio Boston, MA 575,000575.0k $584.4k $584.4k 0.13% Unchanged
37 Worth Venture Partners, LLC 0.24% of their portfolio FORT LEE, NJ 485,000485.0k $489.5k $489.5k 0.24% New
38 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $299.9k $299.9k 0.00% Unchanged
39 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 200,000200.0k $197.3k $197.3k 0.00% New
40 NOMURA HOLDINGS INC 0.05% of their portfolio TOKYO, M0 194,674194.7k $5.0m $5.0m 0.05% Added +178.0k +177,966
41 Amundi 0.00% of their portfolio Paris, I0 182,000182.0k $181.3k $181.3k 0.00% Reduced -500.0k -500,000
42 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 175,000175.0k $177.9k $177.9k 0.00% Unchanged
43 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 100,000100.0k $101.6k $101.6k 0.00% Reduced -25.0k -25,000
44 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 57,00057.0k $57.3k $57.3k 0.00% Reduced -212.0k -212,000
45 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 34,00034.0k $35.0k $35.0k 0.00% Added +9.0k +9,000
46 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 27,00027.0k $27.4k $27.4k 0.00% Unchanged
47 EXCALIBUR MANAGEMENT CORP 0.01% of their portfolio WALTHAM, MA 20,00020.0k $20.3k $20.3k 0.01% Added +10.0k +10,000
48 Verition Fund Management LLC 0.25% of their portfolio GREENWICH, CT 15,19215.2k $15.5m $15.5m 0.25% Reduced -16.5m -16,529,808
49 GRIMES & Co WEALTH MANAGEMENT, LLC 0.00% of their portfolio WESTBOROUGH, MA 15,00015.0k $15.2k $15.2k 0.00% Unchanged
50 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 5,0005.0k $5.0m $5.0m 0.01% Reduced -10.9k -10,858
51 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged