Vault-13

REDWOOD TRUST INC RWT 5.625 07.15.24

NOTE 5.625% 7/1 · US DOMESTIC · CUSIP 758075AD7

32 institutional holders +4 vs Q3 2022
1,998,0282.0m shares reported held*
$63.8mreported value*
7 new 5 added 5 reduced 5 sold out net sold ≈ $15.6m (-1.0m 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 ≈ $31.91.

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 28Q4 22: 3232Q3 22Q4 22
Numbers
QuarterHolders
Q3 202228
Q4 202232

Biggest buyers

OAKTREE CAPITAL MANAGEMENT LP New +6,367,000+6.4m
ROYAL BANK OF CANADA Added +4,636,378+4.6m
Beach Point Capital Management LP New +4,000,000+4.0m
PALISADE CAPITAL MANAGEMENT, LP New +2,717,000+2.7m
Luxor Capital Group, LP New +2,000,000+2.0m
CSS LLC/IL New +1,995,000+2.0m
Aequim Alternative Investments LP New +1,943,000+1.9m
Russell Investments Group, Ltd. New +1,003,000+1.0m
MORGAN STANLEY Added +239,000+239.0k
Raymond James Financial Services Advisors, Inc. Added +25,000+25.0k

Biggest sellers

FMR LLC Reduced -20,000,000-20.0m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -7,826,000-7.8m
HBK INVESTMENTS L P Sold out -7,395,000-7.4m
PALISADE CAPITAL MANAGEMENT, LP Sold out -2,917,000-2.9m
Aequim Alternative Investments LP Sold out -1,943,000-1.9m
JPMORGAN CHASE & CO Reduced -1,862,000-1.9m
RAYMOND JAMES & ASSOCIATES Reduced -80,000-80.0k
Rehmann Capital Advisory Group Reduced -27,972-28.0k
Marcum Wealth, LLC Sold out -21,000-21.0k
UBS Group AG Sold out -10,000-10.0k

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.00% of their portfolio BOSTON, MA 20,608,00020.6m $18.7m $18.7m 0.00% Reduced -20.0m -20,000,000
2 WEITZ INVESTMENT MANAGEMENT, INC. 0.47% of their portfolio Omaha, NE 9,000,0009.0m $8.2m $8.2m 0.47% Unchanged
3 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 7,491,3787.5m $7.0m $7.0m 0.00% Added +4.6m +4,636,378
4 OAKTREE CAPITAL MANAGEMENT LP 0.06% of their portfolio LOS ANGELES, CA 6,367,0006.4m $5.8m $5.8m 0.06% New
5 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 5,000,0005.0m $4.6m $4.6m 0.01% Unchanged
6 Beach Point Capital Management LP 1.47% of their portfolio Santa Monica, CA 4,000,0004.0m $3.6m $3.6m 1.47% New
7 SSI INVESTMENT MANAGEMENT LLC 0.18% of their portfolio Los Angeles, CA 3,194,0003.2m $2.9m $2.9m 0.18% Unchanged
8 PALISADE CAPITAL MANAGEMENT, LP 0.07% of their portfolio FORT LEE, NJ 2,717,0002.7m $2.5m $2.5m 0.07% New
9 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,546,0002.5m $2.4m $2.4m 0.00% Reduced -1.9m -1,862,000
10 Luxor Capital Group, LP 0.16% of their portfolio NEW YORK, NY 2,000,0002.0m $1.8m $1.8m 0.16% New
11 CSS LLC/IL 0.12% of their portfolio CHICAGO, IL 1,995,0002.0m $1.8m $1.8m 0.12% New
12 Aequim Alternative Investments LP 0.05% of their portfolio MILL VALLEY, CA 1,943,0001.9m $1.8m $1.8m 0.05% New
13 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,003,0001.0m $938.0k $938.0k 0.00% New
14 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 622,000622.0k $581.6k $581.6k 0.00% First filing
15 Seelaus Asset Management LLC 0.27% of their portfolio CHATHAM, NJ 398,000398.0k $362.0k $362.0k 0.27% Unchanged
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 241,000241.0k $217.7k $217.7k 0.00% Added +239.0k +239,000
17 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 200,000200.0k $181.0k $181.0k 0.00% Unchanged
18 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 110,000110.0k $99.5k $99.5k 0.00% Reduced -80.0k -80,000
19 Obermeyer Wealth Partners 0.00% of their portfolio ASPEN, CO 55,00055.0k $50.0k $50.0k 0.00% Unchanged
20 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 50,00050.0k $45.2k $45.2k 0.00% Added +25.0k +25,000
21 BEACON INVESTMENT ADVISORS LLC 0.04% of their portfolio Gaithersburg, MD 49,00049.0k $44.3k $44.3k 0.04% First filing
22 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 40,00040.0k $37.4k $37.4k 0.00% Unchanged
23 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 28,00028.0k $25.3k $25.3k 0.00% Unchanged
24 UMB Bank, n.a. 0.00% of their portfolio Kansas City, MO 25,00025.0k $23.0k $23.0k 0.00% Unchanged
25 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 18,00018.0k $16.3k $16.3k 0.00% Added +8.0k +8,000
26 Integrity Advisory, LLC 0.01% of their portfolio Overland Park, KS 12,00012.0k $10.9k $10.9k 0.01% Unchanged
27 ADVENT CAPITAL MANAGEMENT /DE/ 0.00% of their portfolio NEW YORK, NY 11,00011.0k $10.1k $10.1k 0.00% Reduced -7.8m -7,826,000
28 Capital Market Strategies LLC 0.01% of their portfolio PALM BEACH GARDENS, FL 10,00010.0k $9.1k $9.1k 0.01% Unchanged
29 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 5,0005.0k $4.5k $4.5k 0.00% Unchanged
30 Wellesley Asset Management 0.12% of their portfolio PORTSMOUTH, NH 2,0132.0k $1.8k $1.8k 0.12% Added +1.1k +1,069
31 Rehmann Capital Advisory Group 0.00% of their portfolio LANSING, MI 2828 $25.3k $25.3k 0.00% Reduced -28.0k -27,972
32 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged