Vault-13

SHIFT4 PMTS INC FOUR 0 12.15.25

NOTE 12/1 · US DOMESTIC · CUSIP 82452JAB5

64 institutional holders +2 vs Q2 2023
8,512,3098.5m shares reported held*
$671.9mreported value*
10 new 18 added 19 reduced 8 sold out net sold ≈ $36.1m (-1.3m 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 ($7.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $79.79.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 58Q4 22: 55Q1 23: 58Q2 23: 62Q3 23: 6464Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202258
Q4 202255
Q1 202358
Q2 202362
Q3 202364

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 23Q3 23: 28 bought or addedQ3 23: 27 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221421
Q1 20232630
Q2 20233026
Q3 20232827

Biggest buyers

WOLVERINE ASSET MANAGEMENT LLC Added +42,500,000+42.5m
SOROS FUND MANAGEMENT LLC New +35,000,000+35.0m
ADVENT CAPITAL MANAGEMENT /DE/ Added +26,410,000+26.4m
TENOR CAPITAL MANAGEMENT Co., L.P. New +10,000,000+10.0m
Lombard Odier Asset Management (Europe) Ltd New +9,678,000+9.7m
III Capital Management Added +8,452,000+8.5m
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +6,890,000+6.9m
CITADEL ADVISORS LLC Added +5,500,000+5.5m
Polar Capital Holdings Plc New +4,250,000+4.2m
STATE STREET CORP Added +3,500,000+3.5m

Biggest sellers

Linden Advisors LP Reduced -64,872,000-64.9m
LORD, ABBETT & CO. LLC Sold out -59,294,000-59.3m
D. E. Shaw & Co., Inc. Sold out -14,999,000-15.0m
VOYA INVESTMENT MANAGEMENT LLC Reduced -13,390,000-13.4m
READYSTATE ASSET MANAGEMENT LP Sold out -12,500,000-12.5m
Caisse de depot et placement du Quebec Sold out -10,000,000-10.0m
FMR LLC Sold out -7,000,000-7.0m
BANK OF AMERICA CORP /DE/ Reduced -6,700,000-6.7m
Polar Capital Holdings Plc Sold out -5,250,000-5.2m
Calamos Advisors LLC Reduced -2,710,000-2.7m

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ADVENT CAPITAL MANAGEMENT /DE/ 1.54% of their portfolio NEW YORK, NY 66,397,00066.4m $65.7m $65.7m 1.54% Added +26.4m +26,410,000
2 LAZARD ASSET MANAGEMENT LLC 0.09% of their portfolio NEW YORK, NY 65,000,00065.0m $64.3m $64.3m 0.09% Unchanged
3 Calamos Advisors LLC 0.34% of their portfolio NAPERVILLE, IL 62,652,00062.7m $62.0m $62.0m 0.34% Reduced -2.7m -2,710,000
4 VOYA INVESTMENT MANAGEMENT LLC 0.06% of their portfolio ATLANTA, GA 51,880,00051.9m $51.3m $51.3m 0.06% Reduced -13.4m -13,390,000
5 WOLVERINE ASSET MANAGEMENT LLC 0.89% of their portfolio CHICAGO, IL 48,716,00048.7m $48.2m $48.2m 0.89% Added +42.5m +42,500,000
6 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 48,000,00048.0m $47.5m $47.5m 0.02% Unchanged
7 MacKay Shields LLC 0.98% of their portfolio New York, NY 36,091,00036.1m $35.7m $35.7m 0.98% Reduced -1.6m -1,647,000
8 SOROS FUND MANAGEMENT LLC 0.71% of their portfolio NEW YORK, NY 35,000,00035.0m $34.6m $34.6m 0.71% New
9 Linden Advisors LP 0.26% of their portfolio New York, NY 25,778,00025.8m $25.5m $25.5m 0.26% Reduced -64.9m -64,872,000
10 DeepCurrents Investment Group LLC 1.06% of their portfolio NEW YORK, NY 23,000,00023.0m $22.8m $22.8m 1.06% Unchanged
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 18,587,00018.6m $18.3m $18.3m 0.00% Added +3.5m +3,500,000
12 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 15,500,00015.5m $15.3m $15.3m 0.02% Added +5.5m +5,500,000
13 SSI INVESTMENT MANAGEMENT LLC 1.18% of their portfolio Los Angeles, CA 14,716,00014.7m $14.5m $14.5m 1.18% Reduced -1.1m -1,142,000
14 BlackRock Inc. 0.00% of their portfolio New York, NY 14,438,00014.4m $14.2m $14.2m 0.00% Added +925.0k +925,000
15 III Capital Management 0.80% of their portfolio BOCA RATON, FL 13,452,00013.5m $13.3m $13.3m 0.80% Added +8.5m +8,452,000
16 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 12,950,00012.9m $12.8m $12.8m 0.02% Reduced -800.0k -800,000
17 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 10,389,00010.4m $10.2m $10.2m 0.00% Added +55.0k +55,000
18 TENOR CAPITAL MANAGEMENT Co., L.P. 0.21% of their portfolio NEW YORK, NY 10,000,00010.0m $9.9m $9.9m 0.21% New
19 Lombard Odier Asset Management (Europe) Ltd 0.50% of their portfolio LONDON, X0 9,678,0009.7m $9.6m $9.6m 0.50% New
20 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 9,475,0009.5m $9.3m $9.3m 0.00% Unchanged
21 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 9,000,0009.0m $8.9m $8.9m 0.01% Reduced -1.0m -1,000,000
22 Man Group plc 0.02% of their portfolio LONDON, X0 7,660,0007.7m $7.6m $7.6m 0.02% Added +1.2m +1,200,000
23 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 6,890,0006.9m $6.8m $6.8m 0.01% New
24 RWC Asset Management LLP 0.39% of their portfolio LONDON, X0 6,100,0006.1m $6.0m $6.0m 0.39% Added +400.0k +400,000
25 GABELLI FUNDS LLC 0.05% of their portfolio Rye, NY 5,610,0005.6m $5.6m $5.6m 0.05% Unchanged
26 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 4,359,0004.4m $4.3m $4.3m 0.00% Added +807.0k +807,000
27 Polar Capital Holdings Plc 0.03% of their portfolio London, X0 4,250,0004.2m $4.2m $4.2m 0.03% New
28 Nicholas Investment Partners, LP 0.26% of their portfolio RANCHO SANTA FE, CA 3,575,0003.6m $3.5m $3.5m 0.26% Added +950.0k +950,000
29 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 3,142,0003.1m $3.1m $3.1m 0.00% New
30 AVIVA PLC 0.01% of their portfolio LONDON, X0 3,000,0003.0m $3.0m $3.0m 0.01% Reduced -1.0m -1,000,000
31 OAKTREE CAPITAL MANAGEMENT LP 0.04% of their portfolio LOS ANGELES, CA 2,950,0003.0m $2.9m $2.9m 0.04% Added +650.0k +650,000
32 JUPITER ASSET MANAGEMENT LTD 0.03% of their portfolio London, X0 2,750,0002.8m $2.7m $2.7m 0.03% Unchanged
33 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,740,0002.7m $2.7m $2.7m 0.00% Reduced -1.9m -1,850,000
34 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 2,366,0002.4m $2.3m $2.3m 0.00% New
35 Liberty Mutual Group Asset Management Inc. 0.60% of their portfolio Boston, MA 2,200,0002.2m $2.2m $2.2m 0.60% Unchanged
36 SHENKMAN CAPITAL MANAGEMENT INC 0.14% of their portfolio NEW YORK, NY 1,900,0001.9m $1.9m $1.9m 0.14% New
37 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,801,0001.8m $1.8m $1.8m 0.00% Reduced -636.0k -636,000
38 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,675,0001.7m $1.7m $1.7m 0.00% New
39 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,297,0001.3m $1.3m $1.3m 0.00% Added +1.2m +1,232,000
40 LBP AM SA 0.02% of their portfolio Paris, I0 1,000,0001.0m $990.2k $990.2k 0.02% Unchanged
41 ZAZOVE ASSOCIATES LLC 0.10% of their portfolio INCLINE VILLAGE, NV 940,000940.0k $930.0k $930.0k 0.10% Reduced -160.0k -160,000
42 PRIVATE MANAGEMENT GROUP INC 0.03% of their portfolio IRVINE, CA 701,000701.0k $691.7k $691.7k 0.03% Reduced -10.0k -10,000
43 BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 667,000667.0k $660.2k $660.2k 0.02% Added +430.0k +430,000
44 AXA S.A. 0.00% of their portfolio PARIS, I0 630,000630.0k $621.2k $621.2k 0.00% Unchanged
45 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 550,000550.0k $544.5k $544.5k 0.00% Added +300.0k +300,000
46 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 506,000506.0k $497.9k $497.9k 0.00% New
47 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 500,000500.0k $562.5k $562.5k 0.00% Unchanged
48 Calamos Wealth Management LLC 0.03% of their portfolio NAPERVILLE, IL 396,000396.0k $391.9k $391.9k 0.03% Reduced -39.0k -39,000
49 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 359,000359.0k $357.0k $357.0k 0.01% Reduced -85.0k -85,000
50 FIRST HAWAIIAN BANK 0.01% of their portfolio HONOLULU, HI 324,000324.0k $318.8k $318.8k 0.01% Reduced -31.0k -31,000
51 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 300,000300.0k $296.9k $296.9k 0.00% Unchanged
52 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 262,000262.0k $257.8k $257.8k 0.00% Reduced -150.0k -150,000
53 KBC Group NV 0.00% of their portfolio Brussels, C9 250,000250.0k $248.0k $248.0k 0.00% Unchanged
54 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 179,000179.0k $176.1k $176.1k 0.00% Added +44.0k +44,000
55 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 75,00075.0k $73.8k $73.8k 0.00% Unchanged
56 COMERICA BANK 0.00% of their portfolio DALLAS, TX 52,00052.0k $51.2k $51.2k 0.00% Added +39.0k +39,000
57 SG Americas Securities, LLC 0.07% of their portfolio NEW YORK, NY 49,17049.2k $4.9m $4.9m 0.07% Added +16.6k +16,650
58 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 39,00039.0k $38.4k $38.4k 0.00% Unchanged
59 LOOMIS SAYLES & CO L P 0.00% of their portfolio BOSTON, MA 34,30934.3k $1.9m $1.9m 0.00% Reduced -9.1k -9,071
60 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 30,00030.0k $29.6k $29.6k 0.01% Unchanged
61 Verition Fund Management LLC 0.10% of their portfolio GREENWICH, CT 7,3547.4k $7.3m $7.3m 0.10% Reduced -3.1k -3,071
62 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 5,0005.0k $4.9k $4.9k 0.00% Reduced -6.7m -6,700,000
63 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 4,0004.0k $3.9k $3.9k 0.00% Unchanged
64 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged