Vault-13

RWT HLDGS INC RWT 5.75 10.01.25

NOTE 5.750%10/0 · US DOMESTIC · CUSIP 749772AD1

18 institutional holders +1 vs Q4 2024
4,017,0004.0m shares reported held*
$58.4mreported value*
4 new 4 added 2 reduced 3 sold out net bought ≈ $4.4m (-3.0k 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 ≈ $14.54.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 16Q4 22: 17Q1 23: 17Q2 23: 19Q3 23: 20Q4 23: 21Q1 24: 25Q2 24: 21Q3 24: 20Q4 24: 17Q1 25: 1818Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202216
Q4 202217
Q1 202317
Q2 202319
Q3 202320
Q4 202321
Q1 202425
Q2 202421
Q3 202420
Q4 202417
Q1 202518

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q2 23: 6 bought or addedQ2 23: 2 cut or sold outQ3 23: 9 bought or addedQ3 23: 5 cut or sold outQ3 23Q4 23: 6 bought or addedQ4 23: 6 cut or sold outQ1 24: 8 bought or addedQ1 24: 7 cut or sold outQ1 24Q2 24: 2 bought or addedQ2 24: 7 cut or sold outQ3 24: 3 bought or addedQ3 24: 7 cut or sold outQ3 24Q4 24: 4 bought or addedQ4 24: 9 cut or sold outQ1 25: 8 bought or addedQ1 25: 5 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 202362
Q3 202395
Q4 202366
Q1 202487
Q2 202427
Q3 202437
Q4 202449
Q1 202585

Biggest buyers

PIPER SANDLER & CO. Added +6,710,000+6.7m
Fort Baker Capital Management LP New +1,657,000+1.7m
Parallax Volatility Advisers, L.P. Added +1,500,000+1.5m
SCHRODER INVESTMENT MANAGEMENT GROUP New +870,000+870.0k
ROYAL BANK OF CANADA Added +449,000+449.0k
BEACON INVESTMENT ADVISORS LLC Added +43,000+43.0k
MERCER GLOBAL ADVISORS INC /ADV New +15,000+15.0k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC New +12,000+12.0k

Biggest sellers

OAKTREE CAPITAL MANAGEMENT LP Sold out -4,710,000-4.7m
LORD, ABBETT & CO. LLC Reduced -2,000,000-2.0m
STIFEL FINANCIAL CORP Reduced -74,000-74.0k
MERCER GLOBAL ADVISORS INC /ADV Sold out -15,000-15.0k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Sold out -12,000-12.0k

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PIPER SANDLER & CO. 9.35% of their portfolio MINNEAPOLIS, MN 12,595,00012.6m $12.4m $12.4m 9.35% Added +6.7m +6,710,000
2 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 12,500,00012.5m $12.4m $12.4m 0.00% Unchanged
3 HBK INVESTMENTS L P 0.16% of their portfolio DALLAS, TX 9,056,0009.1m $9.0m $9.0m 0.16% Unchanged
4 LORD, ABBETT & CO. LLC 0.03% of their portfolio JERSEY CITY, NJ 9,000,0009.0m $9.0m $9.0m 0.03% Reduced -2.0m -2,000,000
5 Parallax Volatility Advisers, L.P. 0.21% of their portfolio San Francisco, CA 6,500,0006.5m $6.5m $6.5m 0.21% Added +1.5m +1,500,000
6 WEITZ INVESTMENT MANAGEMENT, INC. 0.19% of their portfolio Omaha, NE 3,500,0003.5m $3.5m $3.5m 0.19% Unchanged
7 Fort Baker Capital Management LP 0.36% of their portfolio Larkspur, CA 1,657,0001.7m $1.7m $1.7m 0.36% New
8 AVIVA PLC 0.00% of their portfolio LONDON, X0 1,400,0001.4m $1.4m $1.4m 0.00% Unchanged
9 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 870,000870.0k $865.6k $865.6k 0.00% New
10 FINANCIAL MANAGEMENT NETWORK INC 0.11% of their portfolio MISSION VIEJO, CA 500,000500.0k $497.5k $497.5k 0.11% Unchanged
11 CSS LLC/IL 0.03% of their portfolio CHICAGO, IL 471,000471.0k $469.6k $469.6k 0.03% Unchanged
12 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 464,000464.0k $459.0k $459.0k 0.00% Added +449.0k +449,000
13 BEACON INVESTMENT ADVISORS LLC 0.03% of their portfolio Gaithersburg, MD 63,00063.0k $62.7k $62.7k 0.03% Added +43.0k +43,000
14 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 49,75049.8k $49.8k $49.8k 0.00% Reduced -74.0k -74,000
15 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 15,00015.0k $14.9k $14.9k 0.00% New
16 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 12,00012.0k $11.9k $11.9k 0.00% New
17 YANKCOM Partnership 0.00% of their portfolio Yankton, SD 5,0005.0k $5.0k $5.0k 0.00% Unchanged
18 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged