Vault-13

SHIFT4 PMTS INC FOUR 0 12.15.25

NOTE 12/1 · US DOMESTIC · CUSIP 82452JAB5

62 institutional holders +4 vs Q1 2023
9,832,3809.8m shares reported held*
$782.6mreported value*
9 new 21 added 20 reduced 6 sold out net bought ≈ $9.7m (-13.7m 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 ($8.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $80.41.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 58Q4 22: 55Q1 23: 58Q2 23: 6262Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202258
Q4 202255
Q1 202358
Q2 202362

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 14 bought or addedQ4 22: 21 cut or sold outQ4 22Q1 23: 26 bought or addedQ1 23: 30 cut or sold outQ1 23Q2 23: 30 bought or addedQ2 23: 26 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221421
Q1 20232630
Q2 20233026

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ3 22 calls: $0Q3 22 puts: $892.2kQ3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$892.2k—
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$0$0—

Biggest buyers

Linden Advisors LP Added +23,516,000+23.5m
DeepCurrents Investment Group LLC Added +19,000,000+19.0m
ADVENT CAPITAL MANAGEMENT /DE/ Added +12,166,000+12.2m
CITADEL ADVISORS LLC New +10,000,000+10.0m
WELLINGTON MANAGEMENT GROUP LLP Added +8,459,000+8.5m
LAZARD ASSET MANAGEMENT LLC Added +6,000,000+6.0m
III Capital Management New +5,000,000+5.0m
READYSTATE ASSET MANAGEMENT LP Added +4,500,000+4.5m
AVIVA PLC New +4,000,000+4.0m
BARCLAYS PLC Added +3,422,000+3.4m

Biggest sellers

D. E. Shaw & Co., Inc. Reduced -31,000,000-31.0m
VOYA INVESTMENT MANAGEMENT LLC Reduced -18,920,000-18.9m
PUTNAM INVESTMENTS LLC Sold out -10,113,000-10.1m
Calamos Advisors LLC Reduced -7,926,000-7.9m
FMR LLC Reduced -7,000,000-7.0m
BlackRock Inc. Reduced -4,380,000-4.4m
Ionic Capital Management LLC Sold out -4,000,000-4.0m
CITIGROUP INC Sold out -3,860,000-3.9m
Polar Capital Holdings Plc Reduced -3,000,000-3.0m
Jefferies Financial Group Inc. Reduced -2,550,000-2.5m

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 1.04% of their portfolio New York, NY 90,650,00090.7m $98.7m $98.7m 1.04% Added +23.5m +23,516,000
2 Calamos Advisors LLC 0.36% of their portfolio NAPERVILLE, IL 65,362,00065.4m $71.2m $71.2m 0.36% Reduced -7.9m -7,926,000
3 VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio ATLANTA, GA 65,270,00065.3m $71.2m $71.2m 0.07% Reduced -18.9m -18,920,000
4 LAZARD ASSET MANAGEMENT LLC 0.09% of their portfolio NEW YORK, NY 65,000,00065.0m $70.9m $70.9m 0.09% Added +6.0m +6,000,000
5 LORD, ABBETT & CO. LLC 0.11% of their portfolio JERSEY CITY, NJ 59,294,00059.3m $64.6m $64.6m 0.11% Reduced -2.0m -2,036,000
6 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 48,000,00048.0m $52.4m $52.4m 0.02% Unchanged
7 ADVENT CAPITAL MANAGEMENT /DE/ 0.87% of their portfolio NEW YORK, NY 39,987,00040.0m $43.6m $43.6m 0.87% Added +12.2m +12,166,000
8 MacKay Shields LLC 1.15% of their portfolio New York, NY 37,738,00037.7m $41.1m $41.1m 1.15% Reduced -16.0k -16,000
9 DeepCurrents Investment Group LLC 1.08% of their portfolio NEW YORK, NY 23,000,00023.0m $25.0m $25.0m 1.08% Added +19.0m +19,000,000
10 SSI INVESTMENT MANAGEMENT LLC 1.21% of their portfolio Los Angeles, CA 15,858,00015.9m $17.2m $17.2m 1.21% Reduced -427.0k -427,000
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 15,087,00015.1m $16.4m $16.4m 0.00% Added +1.0m +1,000,000
12 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 14,999,00015.0m $16.3m $16.3m 0.03% Reduced -31.0m -31,000,000
13 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 13,750,00013.8m $14.9m $14.9m 0.02% Added +2.0m +2,000,000
14 BlackRock Inc. 0.00% of their portfolio New York, NY 13,513,00013.5m $14.7m $14.7m 0.00% Reduced -4.4m -4,380,000
15 READYSTATE ASSET MANAGEMENT LP 1.35% of their portfolio CHICAGO, IL 12,500,00012.5m $13.6m $13.6m 1.35% Added +4.5m +4,500,000
16 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 10,334,00010.3m $11.2m $11.2m 0.00% Added +8.5m +8,459,000
17 Caisse de depot et placement du Quebec 0.03% of their portfolio Montreal, A8 10,000,00010.0m $10.9m $10.9m 0.03% Unchanged
18 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 10,000,00010.0m $10.9m $10.9m 0.01% New
19 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 10,000,00010.0m $10.9m $10.9m 0.02% Added +2.0m +2,000,000
20 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 9,475,0009.5m $10.3m $10.3m 0.00% Added +475.0k +475,000
21 FMR LLC 0.00% of their portfolio BOSTON, MA 7,000,0007.0m $7.6m $7.6m 0.00% Reduced -7.0m -7,000,000
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 6,705,0006.7m $7.3m $7.3m 0.00% Added +1.4m +1,434,000
23 Man Group plc 0.02% of their portfolio LONDON, X0 6,460,0006.5m $7.0m $7.0m 0.02% Added +2.8m +2,780,000
24 WOLVERINE ASSET MANAGEMENT LLC 0.13% of their portfolio CHICAGO, IL 6,216,0006.2m $6.8m $6.8m 0.13% Reduced -1.5m -1,500,000
25 RWC Asset Management LLP 0.30% of their portfolio LONDON, X0 5,700,0005.7m $6.2m $6.2m 0.30% Reduced -600.0k -600,000
26 GABELLI FUNDS LLC 0.05% of their portfolio Rye, NY 5,610,0005.6m $6.1m $6.1m 0.05% Unchanged
27 Polar Capital Holdings Plc 0.04% of their portfolio London, X0 5,250,0005.2m $5.7m $5.7m 0.04% Reduced -3.0m -3,000,000
28 III Capital Management 0.43% of their portfolio BOCA RATON, FL 5,000,0005.0m $5.4m $5.4m 0.43% New
29 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,590,0004.6m $5.0m $5.0m 0.00% Added +975.0k +975,000
30 AVIVA PLC 0.02% of their portfolio LONDON, X0 4,000,0004.0m $4.3m $4.3m 0.02% New
31 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 3,552,0003.6m $3.9m $3.9m 0.00% Added +3.4m +3,422,000
32 JUPITER ASSET MANAGEMENT LTD 0.03% of their portfolio London, X0 2,750,0002.8m $3.0m $3.0m 0.03% Unchanged
33 Nicholas Investment Partners, LP 0.19% of their portfolio RANCHO SANTA FE, CA 2,625,0002.6m $2.9m $2.9m 0.19% Added +1.1m +1,125,000
34 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,437,0002.4m $2.7m $2.7m 0.00% Added +47.0k +47,000
35 OAKTREE CAPITAL MANAGEMENT LP 0.03% of their portfolio LOS ANGELES, CA 2,300,0002.3m $2.5m $2.5m 0.03% Reduced -200.0k -200,000
36 Liberty Mutual Group Asset Management Inc. 0.61% of their portfolio Boston, MA 2,200,0002.2m $2.4m $2.4m 0.61% Added +325.0k +325,000
37 ZAZOVE ASSOCIATES LLC 0.11% of their portfolio INCLINE VILLAGE, NV 1,100,0001.1m $1.2m $1.2m 0.11% Unchanged
38 LBP AM SA 0.03% of their portfolio Paris, I0 1,000,0001.0m $1.1m $1.1m 0.03% Unchanged
39 PRIVATE MANAGEMENT GROUP INC 0.03% of their portfolio IRVINE, CA 711,000711.0k $768.0k $768.0k 0.03% Reduced -934.0k -934,000
40 AXA S.A. 0.00% of their portfolio PARIS, I0 630,000630.0k $687.3k $687.3k 0.00% Unchanged
41 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 500,000500.0k $562.5k $562.5k 0.00% Reduced -900.0k -900,000
42 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 444,000444.0k $486.3k $486.3k 0.01% Reduced -2.5m -2,550,000
43 Calamos Wealth Management LLC 0.03% of their portfolio NAPERVILLE, IL 435,000435.0k $473.6k $473.6k 0.03% Reduced -75.0k -75,000
44 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 412,000412.0k $447.4k $447.4k 0.00% Added +150.0k +150,000
45 FIRST HAWAIIAN BANK 0.01% of their portfolio HONOLULU, HI 355,000355.0k $385.5k $385.5k 0.01% Unchanged
46 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 300,000300.0k $327.1k $327.1k 0.00% Unchanged
47 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 250,000250.0k $265.0k $265.0k 0.00% Reduced -150.0k -150,000
48 KBC Group NV 0.00% of their portfolio Brussels, C9 250,000250.0k $273.0k $273.0k 0.00% Reduced -50.0k -50,000
49 BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 237,000237.0k $258.0k $258.0k 0.01% New
50 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 135,000135.0k $146.6k $146.6k 0.00% Added +28.0k +28,000
51 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 75,00075.0k $81.5k $81.5k 0.00% New
52 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 65,00065.0k $70.6k $70.6k 0.00% New
53 LOOMIS SAYLES & CO L P 0.00% of their portfolio BOSTON, MA 43,38043.4k $2.9m $2.9m 0.00% New
54 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 39,00039.0k $42.4k $42.4k 0.00% Unchanged
55 SG Americas Securities, LLC 0.03% of their portfolio NEW YORK, NY 32,52032.5k $3.5m $3.5m 0.03% Reduced -28.6k -28,610
56 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 30,00030.0k $32.4k $32.4k 0.01% Reduced -3.0k -3,000
57 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 25,00025.0k $27.1k $27.1k 0.00% Added +1.0k +1,000
58 COMERICA BANK 0.00% of their portfolio DALLAS, TX 13,00013.0k $1 $1 0.00% First filing
59 Verition Fund Management LLC 0.18% of their portfolio GREENWICH, CT 10,42510.4k $11.4m $11.4m 0.18% Added +6.1k +6,074
60 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 4,0004.0k $434.4k $434.4k 0.00% New
61 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 4,0004.0k $4.3k $4.3k 0.00% New
62 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged