Vault-13

REDWOOD TRUST INC RWT 5.625 07.15.24

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

26 institutional holders -5 vs Q1 2024
13,797,00013.8m shares reported held*
$44.5mreported value*
3 new 3 added 2 reduced 8 sold out net bought ≈ $4.4m (+110.0k 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 ≈ $3.23.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 28Q4 22: 32Q1 23: 29Q2 23: 29Q3 23: 34Q4 23: 35Q1 24: 31Q2 24: 2626Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202228
Q4 202232
Q1 202329
Q2 202329
Q3 202334
Q4 202335
Q1 202431
Q2 202426

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 12 bought or addedQ4 22: 10 cut or sold outQ4 22Q1 23: 10 bought or addedQ1 23: 11 cut or sold outQ2 23: 12 bought or addedQ2 23: 10 cut or sold outQ2 23Q3 23: 11 bought or addedQ3 23: 7 cut or sold outQ4 23: 9 bought or addedQ4 23: 4 cut or sold outQ4 23Q1 24: 8 bought or addedQ1 24: 12 cut or sold outQ2 24: 6 bought or addedQ2 24: 10 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221210
Q1 20231011
Q2 20231210
Q3 2023117
Q4 202394
Q1 2024812
Q2 2024610

Biggest buyers

JPMORGAN CHASE & CO Added +7,262,000+7.3m
PIPER SANDLER & CO. Added +3,268,000+3.3m
NORTHERN TRUST CORP New +50,000+50.0k
PHILLIPS FINANCIAL MANAGEMENT, LLC New +50,000+50.0k
BEACON INVESTMENT ADVISORS LLC Added +15,000+15.0k
Forum Private Client Group LLC New +10,000+10.0k

Biggest sellers

FMR LLC Sold out -3,631,000-3.6m
Invesco Ltd. Sold out -1,500,000-1.5m
WESTWOOD HOLDINGS GROUP INC Sold out -597,000-597.0k
ROYAL BANK OF CANADA Sold out -338,000-338.0k
PHILLIPS FINANCIAL MANAGEMENT, LLC Sold out -50,000-50.0k
Stordahl Capital Management, Inc. Sold out -50,000-50.0k
MORGAN STANLEY Reduced -28,000-28.0k
Creative Planning Sold out -25,000-25.0k
K2 PRINCIPAL FUND, L.P. Sold out -6,572-6.6k
MONETA GROUP INVESTMENT ADVISORS LLC Reduced -4-4

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 12,354,00012.4m $12.3m $12.3m 0.00% Added +7.3m +7,262,000
2 WEITZ INVESTMENT MANAGEMENT, INC. 0.47% of their portfolio Omaha, NE 9,000,0009.0m $9.0m $9.0m 0.47% Unchanged
3 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.72% of their portfolio Miamisburg, OH 5,000,0005.0m $5.0m $5.0m 0.72% Unchanged
4 PIPER SANDLER & CO. 3.71% of their portfolio MINNEAPOLIS, MN 4,773,0004.8m $4.7m $4.7m 3.71% Added +3.3m +3,268,000
5 Catalyst Capital Advisors LLC 0.11% of their portfolio San Juan, PR 4,620,0004.6m $4.6m $4.6m 0.11% Unchanged
6 Aequim Alternative Investments LP 0.04% of their portfolio MILL VALLEY, CA 1,203,0001.2m $1.2m $1.2m 0.04% Unchanged
7 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,032,0001.0m $1.0m $1.0m 0.00% Unchanged
8 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 674,000674.0k $672.7k $672.7k 0.00% Unchanged
9 Seelaus Asset Management LLC 0.24% of their portfolio CHATHAM, NJ 236,000236.0k $234.6k $234.6k 0.24% Unchanged
10 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 175,000175.0k $173.3k $173.3k 0.00% Unchanged
11 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 160,000160.0k $158.5k $158.5k 0.00% Unchanged
12 BEACON INVESTMENT ADVISORS LLC 0.06% of their portfolio Gaithersburg, MD 121,000121.0k $119.8k $119.8k 0.06% Added +15.0k +15,000
13 Obermeyer Wealth Partners 0.00% of their portfolio ASPEN, CO 55,00055.0k $54.7k $54.7k 0.00% Unchanged
14 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 50,00050.0k $5.0m $5.0m 0.00% New
15 PHILLIPS FINANCIAL MANAGEMENT, LLC 0.00% of their portfolio FORT WAYNE, IN 50,00050.0k $49.5k $49.5k 0.00% New
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 45,00045.0k $44.6k $44.6k 0.00% Unchanged
17 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 30,00030.0k $30.0k $30.0k 0.00% Unchanged
18 UMB Bank, n.a. 0.00% of their portfolio Kansas City, MO 25,00025.0k $24.8k $24.8k 0.00% Unchanged
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 14,00014.0k $13.9k $13.9k 0.00% Reduced -28.0k -28,000
20 MN Wealth Advisors, LLC 0.01% of their portfolio OVERLAND PARK, KS 12,00012.0k $11.9k $11.9k 0.01% Unchanged
21 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 11,00011.0k $11.0k $11.0k 0.00% Unchanged
22 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 10,00010.0k $10.0k $10.0k 0.00% Unchanged
23 Capital Market Strategies LLC 0.01% of their portfolio PALM BEACH GARDENS, FL 10,00010.0k $9.9k $9.9k 0.01% Unchanged
24 Forum Private Client Group LLC 0.00% of their portfolio FISHERS, IN 10,00010.0k $9.9k $9.9k 0.00% New
25 MONETA GROUP INVESTMENT ADVISORS LLC 0.00% of their portfolio ST LOUIS, MO 297297 $29.7k $29.7k 0.00% Reduced -4 -4
26 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged