Vault-13

SHIFT4 PMTS INC FOUR 0.5 08.01.27

NOTE 0.500% 8/0 · US DOMESTIC · CUSIP 82452JAD1

48 institutional holders -4 vs Q1 2024
11,040,49111.0m shares reported held*
$937.1mreported value*
3 new 15 added 17 reduced 8 sold out net sold ≈ $582.6k (-2.9m 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 ≈ $84.88.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 41Q4 22: 43Q1 23: 41Q2 23: 44Q3 23: 42Q4 23: 47Q1 24: 52Q2 24: 4848Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202241
Q4 202243
Q1 202341
Q2 202344
Q3 202342
Q4 202347
Q1 202452
Q2 202448

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 15 bought or addedQ4 22: 16 cut or sold outQ4 22Q1 23: 20 bought or addedQ1 23: 18 cut or sold outQ2 23: 18 bought or addedQ2 23: 16 cut or sold outQ2 23Q3 23: 21 bought or addedQ3 23: 18 cut or sold outQ4 23: 19 bought or addedQ4 23: 24 cut or sold outQ4 23Q1 24: 26 bought or addedQ1 24: 21 cut or sold outQ2 24: 18 bought or addedQ2 24: 25 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221516
Q1 20232018
Q2 20231816
Q3 20232118
Q4 20231924
Q1 20242621
Q2 20241825

Biggest buyers

LORD, ABBETT & CO. LLC New +40,622,000+40.6m
VOYA INVESTMENT MANAGEMENT LLC Added +10,500,000+10.5m
ZAZOVE ASSOCIATES LLC Added +8,170,000+8.2m
Calamos Advisors LLC Added +7,476,000+7.5m
SHENKMAN CAPITAL MANAGEMENT INC Added +7,274,000+7.3m
WELLINGTON MANAGEMENT GROUP LLP Added +6,525,000+6.5m
CITIGROUP INC Added +4,762,000+4.8m
PIER 88 INVESTMENT PARTNERS LLC Added +3,250,000+3.2m
Nicholas Investment Partners, LP Added +1,600,000+1.6m
RATIONAL ADVISORS, INC. Added +1,510,000+1.5m

Biggest sellers

MORGAN STANLEY Reduced -20,689,000-20.7m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -15,500,000-15.5m
JPMORGAN CHASE & CO Reduced -11,172,000-11.2m
III Capital Management Sold out -10,000,000-10.0m
AQR Arbitrage LLC Sold out -8,550,000-8.6m
MILLENNIUM MANAGEMENT LLC Reduced -8,500,000-8.5m
AMERIPRISE FINANCIAL INC Reduced -3,850,000-3.9m
LAZARD ASSET MANAGEMENT LLC Reduced -3,507,000-3.5m
JANE STREET GROUP, LLC Sold out -3,213,000-3.2m
BNP PARIBAS FINANCIAL MARKETS Reduced -1,923,000-1.9m

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.20% of their portfolio ATLANTA, GA 211,900,000211.9m $201.2m $201.2m 0.20% Added +10.5m +10,500,000
2 Linden Advisors LP 1.05% of their portfolio New York, NY 133,259,000133.3m $126.2m $126.2m 1.05% Reduced -19.0k -19,000
3 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 77,700,00077.7m $73.6m $73.6m 0.02% Unchanged
4 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 50,742,00050.7m $48.2m $48.2m 0.01% Reduced -65.0k -65,000
5 LORD, ABBETT & CO. LLC 0.06% of their portfolio JERSEY CITY, NJ 40,622,00040.6m $38.5m $38.5m 0.06% New
6 Calamos Advisors LLC 0.14% of their portfolio NAPERVILLE, IL 31,432,00031.4m $29.8m $29.8m 0.14% Added +7.5m +7,476,000
7 ADVENT CAPITAL MANAGEMENT /DE/ 0.68% of their portfolio NEW YORK, NY 29,679,00029.7m $28.2m $28.2m 0.68% Reduced -15.5m -15,500,000
8 SHENKMAN CAPITAL MANAGEMENT INC 2.10% of their portfolio NEW YORK, NY 25,224,00025.2m $24.5m $24.5m 2.10% Added +7.3m +7,274,000
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 20,037,00020.0m $18.9m $18.9m 0.00% Reduced -1.9m -1,901,000
10 ZAZOVE ASSOCIATES LLC 1.00% of their portfolio INCLINE VILLAGE, NV 18,170,00018.2m $17.2m $17.2m 1.00% Added +8.2m +8,170,000
11 PIER 88 INVESTMENT PARTNERS LLC 3.47% of their portfolio SAN FRANCISCO, CA 16,386,00016.4m $15.5m $15.5m 3.47% Added +3.2m +3,250,000
12 SSI INVESTMENT MANAGEMENT LLC 1.03% of their portfolio Los Angeles, CA 14,249,00014.2m $13.5m $13.5m 1.03% Reduced -218.0k -218,000
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,585,00011.6m $11.0m $11.0m 0.00% Added +500.0k +500,000
14 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 10,000,00010.0m $9.4m $9.4m 0.00% Reduced -3.9m -3,850,000
15 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 9,960,00010.0m $9.4m $9.4m 0.00% Added +6.5m +6,525,000
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,095,0009.1m $8.6m $8.6m 0.00% Reduced -20.7m -20,689,000
17 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 8,726,0008.7m $8.2m $8.2m 0.01% Reduced -1.9m -1,923,000
18 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 6,836,0006.8m $6.5m $6.5m 0.01% Added +4.8m +4,762,000
19 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 5,661,0005.7m $5.4m $5.4m 0.01% Reduced -3.5m -3,507,000
20 BlackRock Inc. 0.00% of their portfolio New York, NY 5,400,0005.4m $5.1m $5.1m 0.00% Added +375.0k +375,000
21 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 5,170,0005.2m $4.9m $4.9m 0.01% Reduced -1.3m -1,282,000
22 RATIONAL ADVISORS, INC. 0.47% of their portfolio San Juan, PR 5,156,0005.2m $4.9m $4.9m 0.47% Added +1.5m +1,510,000
23 Fore Capital, LLC 5.40% of their portfolio New York, NY 3,760,0003.8m $3.6m $3.6m 5.40% Unchanged
24 FMR LLC 0.00% of their portfolio BOSTON, MA 3,750,0003.8m $3.5m $3.5m 0.00% Unchanged
25 Nicholas Investment Partners, LP 0.35% of their portfolio RANCHO SANTA FE, CA 3,600,0003.6m $3.4m $3.4m 0.35% Added +1.6m +1,600,000
26 OAKTREE CAPITAL MANAGEMENT LP 0.05% of their portfolio LOS ANGELES, CA 3,335,0003.3m $3.2m $3.2m 0.05% Added +53.0k +53,000
27 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,253,0002.3m $2.1m $2.1m 0.00% Added +962.0k +962,000
28 WESTWOOD HOLDINGS GROUP INC 0.88% of their portfolio DALLAS, TX 2,000,0002.0m $188.9m $188.9m 0.88% Unchanged
29 Man Group plc 0.00% of their portfolio LONDON, X0 1,617,0001.6m $1.5m $1.5m 0.00% Reduced -1.1m -1,150,000
30 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,500,0001.5m $1.4m $1.4m 0.00% Reduced -8.5m -8,500,000
31 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,500,0001.5m $1.4m $1.4m 0.00% Unchanged
32 Central Pacific Bank - Trust Division 0.08% of their portfolio HONOLULU, HI 723,000723.0k $682.9k $682.9k 0.08% Reduced -84.0k -84,000
33 DNCA FINANCE 0.06% of their portfolio PARIS, I0 700,000700.0k $664.5k $664.5k 0.06% First filing
34 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 654,000654.0k $619.5k $619.5k 0.00% Reduced -11.2m -11,172,000
35 GROUPAMA ASSET MANAGMENT 0.01% of their portfolio PARIS, I0 600,000600.0k $569.6k $569.6k 0.01% Added +100.0k +100,000
36 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 500,000500.0k $473.6k $473.6k 0.00% Unchanged
37 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 470,000470.0k $443.9k $443.9k 0.00% Reduced -1.0m -1,030,000
38 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 322,000322.0k $305.7k $305.7k 0.00% Unchanged
39 Amundi 0.00% of their portfolio Paris, I0 274,000274.0k $256.3k $256.3k 0.00% Reduced -180.0k -180,000
40 FIRST HAWAIIAN BANK 0.01% of their portfolio HONOLULU, HI 226,000226.0k $213.5k $213.5k 0.01% Reduced -85.0k -85,000
41 LOOMIS SAYLES & CO L P 0.02% of their portfolio BOSTON, MA 184,733184.7k $13.6m $13.6m 0.02% Added +101.9k +101,945
42 KBC Group NV 0.00% of their portfolio Brussels, C9 100,000100.0k $95.0k $95.0k 0.00% Unchanged
43 Oaktree Fund Advisors, LLC 0.03% of their portfolio LOS ANGLES, CA 37,00037.0k $35.1k $35.1k 0.03% Unchanged
44 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 26,00026.0k $24.6k $24.6k 0.00% New
45 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 18,00018.0k $17.0k $17.0k 0.00% Unchanged
46 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 14,00014.0k $1.3m $1.3m 0.01% Unchanged
47 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 3,7583.8k $275.7k $275.7k 0.00% New
48 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged