Vault-13

SHIFT4 PMTS INC FOUR 0.5 08.01.27

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

50 institutional holders -7 vs Q4 2024
10,852,00010.9m shares reported held*
$881.7mreported value*
11 new 17 added 12 reduced 17 sold out net bought ≈ $214.8m (+560.2k 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 ≈ $81.25.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 41Q4 22: 43Q1 23: 41Q2 23: 44Q3 23: 42Q4 23: 47Q1 24: 52Q2 24: 48Q3 24: 42Q4 24: 57Q1 25: 5050Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202241
Q4 202243
Q1 202341
Q2 202344
Q3 202342
Q4 202347
Q1 202452
Q2 202448
Q3 202442
Q4 202457
Q1 202550

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 23: 18 bought or addedQ2 23: 16 cut or sold outQ3 23: 21 bought or addedQ3 23: 18 cut or sold outQ3 23Q4 23: 19 bought or addedQ4 23: 24 cut or sold outQ1 24: 26 bought or addedQ1 24: 21 cut or sold outQ1 24Q2 24: 18 bought or addedQ2 24: 25 cut or sold outQ3 24: 15 bought or addedQ3 24: 25 cut or sold outQ3 24Q4 24: 34 bought or addedQ4 24: 14 cut or sold outQ1 25: 28 bought or addedQ1 25: 29 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20231816
Q3 20232118
Q4 20231924
Q1 20242621
Q2 20241825
Q3 20241525
Q4 20243414
Q1 20252829

Biggest buyers

VOYA INVESTMENT MANAGEMENT LLC Added +234,700,000+234.7m
Calamos Advisors LLC Added +46,356,000+46.4m
ADVENT CAPITAL MANAGEMENT /DE/ Added +18,861,000+18.9m
LAZARD ASSET MANAGEMENT LLC New +14,476,000+14.5m
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Added +5,250,000+5.2m
FMR LLC Added +5,180,000+5.2m
JANE STREET GROUP, LLC New +5,000,000+5.0m
NEW YORK STATE COMMON RETIREMENT FUND New +3,836,000+3.8m
Universal- Beteiligungs- und Servicegesellschaft mbH New +3,118,000+3.1m
JPMORGAN CHASE & CO Added +3,044,000+3.0m

Biggest sellers

Linden Advisors LP Sold out -57,507,000-57.5m
SHENKMAN CAPITAL MANAGEMENT INC Reduced -22,962,000-23.0m
LORD, ABBETT & CO. LLC Reduced -14,251,000-14.3m
Empyrean Capital Partners, LP Sold out -7,500,000-7.5m
NOMURA ASSET MANAGEMENT CO LTD Sold out -6,500,000-6.5m
Jefferies Financial Group Inc. Sold out -5,939,000-5.9m
BANK OF MONTREAL /CAN/ Sold out -4,700,000-4.7m
GOLDMAN SACHS GROUP INC Sold out -4,591,000-4.6m
SONA ASSET MANAGEMENT (US) LLC Sold out -3,500,000-3.5m
WELLS FARGO & COMPANY/MN Sold out -2,451,000-2.5m

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.25% of their portfolio ATLANTA, GA 439,700,000439.7m $446.1m $446.1m 0.25% Added +234.7m +234,700,000
2 Calamos Advisors LLC 0.29% of their portfolio NAPERVILLE, IL 60,323,00060.3m $61.3m $61.3m 0.29% Added +46.4m +46,356,000
3 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio Toronto, A6 50,401,00050.4m $51.1m $51.1m 0.05% Added +80.0k +80,000
4 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 49,083,00049.1m $49.8m $49.8m 0.01% Added +750.0k +750,000
5 MacKay Shields LLC 1.31% of their portfolio New York, NY 40,000,00040.0m $40.6m $40.6m 1.31% Unchanged
6 ADVENT CAPITAL MANAGEMENT /DE/ 0.68% of their portfolio NEW YORK, NY 29,148,00029.1m $29.6m $29.6m 0.68% Added +18.9m +18,861,000
7 PIER 88 INVESTMENT PARTNERS LLC 3.77% of their portfolio SAN FRANCISCO, CA 19,486,00019.5m $19.7m $19.7m 3.77% Reduced -1.9m -1,850,000
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 14,706,00014.7m $14.8m $14.8m 0.00% Added +474.0k +474,000
9 SSI INVESTMENT MANAGEMENT LLC 1.15% of their portfolio Los Angeles, CA 14,598,00014.6m $14.7m $14.7m 1.15% Reduced -617.0k -617,000
10 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 14,476,00014.5m $14.7m $14.7m 0.02% New
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 13,285,00013.3m $13.5m $13.5m 0.00% Reduced -1.0m -1,000,000
12 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 13,257,00013.3m $13.5m $13.5m 0.00% Added +2.1m +2,107,000
13 OAKTREE CAPITAL MANAGEMENT LP 0.25% of their portfolio LOS ANGELES, CA 12,010,00012.0m $12.2m $12.2m 0.25% Added +2.1m +2,100,000
14 ZAZOVE ASSOCIATES LLC 0.87% of their portfolio INCLINE VILLAGE, NV 9,980,00010.0m $10.1m $10.1m 0.87% Added +2.8m +2,780,000
15 FMR LLC 0.00% of their portfolio BOSTON, MA 9,115,0009.1m $9.2m $9.2m 0.00% Added +5.2m +5,180,000
16 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 8,875,0008.9m $9.0m $9.0m 0.01% First filing
17 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 6,750,0006.8m $6.8m $6.8m 0.01% Added +5.2m +5,250,000
18 BlackRock, Inc. 0.00% of their portfolio New York, NY 6,525,0006.5m $6.6m $6.6m 0.00% Added +125.0k +125,000
19 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 6,200,0006.2m $6.3m $6.3m 0.00% Added +2.0m +2,000,000
20 RATIONAL ADVISORS, INC. 0.61% of their portfolio San Juan, PR 6,036,0006.0m $6.1m $6.1m 0.61% Reduced -1.8m -1,760,000
21 Nicholas Investment Partners, LP 0.57% of their portfolio RANCHO SANTA FE, CA 5,450,0005.5m $5.5m $5.5m 0.57% Added +1.2m +1,200,000
22 LORD, ABBETT & CO. LLC 0.02% of their portfolio JERSEY CITY, NJ 5,296,0005.3m $5.3m $5.3m 0.02% Reduced -14.3m -14,251,000
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5,064,0005.1m $5.1m $5.1m 0.00% Added +3.0m +3,044,000
24 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 5,000,0005.0m $5.1m $5.1m 0.01% New
25 RWC Asset Management LLP 0.21% of their portfolio LONDON, X0 4,100,0004.1m $4.2m $4.2m 0.21% Reduced -1.3m -1,300,000
26 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 3,836,0003.8m $3.9m $3.9m 0.01% New
27 Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio FRANKFURT AM MAIN, 2M 3,118,0003.1m $3.2m $3.2m 0.01% New
28 SHENKMAN CAPITAL MANAGEMENT INC 0.30% of their portfolio NEW YORK, NY 2,917,0002.9m $3.0m $3.0m 0.30% Reduced -23.0m -22,962,000
29 WESTWOOD HOLDINGS GROUP INC 0.02% of their portfolio DALLAS, TX 2,000,0002.0m $2.0m $2.0m 0.02% Unchanged
30 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,841,0001.8m $1.9m $1.9m 0.00% Reduced -1.3m -1,327,000
31 Man Group plc 0.00% of their portfolio LONDON, X0 1,067,0001.1m $1.1m $1.1m 0.00% Reduced -200.0k -200,000
32 AGF MANAGEMENT LTD 0.00% of their portfolio TORONTO, A6 900,000900.0k $908.5k $908.5k 0.00% New
33 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 781,000781.0k $788.4k $788.4k 0.00% Unchanged
34 Central Pacific Bank - Trust Division 0.10% of their portfolio HONOLULU, HI 713,000713.0k $719.8k $719.8k 0.10% Reduced -159.0k -159,000
35 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 650,000650.0k $659.5k $659.5k 0.00% Added +150.0k +150,000
36 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 450,000450.0k $462.0k $462.0k 0.00% New
37 DNCA FINANCE 0.03% of their portfolio PARIS, I0 390,000390.0k $396.0k $396.0k 0.03% Reduced -310.0k -310,000
38 Calamos Wealth Management LLC 0.02% of their portfolio NAPERVILLE, IL 345,000345.0k $350.5k $350.5k 0.02% New
39 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 336,000336.0k $340.9k $340.9k 0.00% Reduced -9.0k -9,000
40 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 330,000330.0k $333.1k $333.1k 0.00% Unchanged
41 KBC Group NV 0.00% of their portfolio Brussels, C9 200,000200.0k $203.0k $203.0k 0.00% Unchanged
42 Amundi 0.00% of their portfolio Paris, I0 174,000174.0k $173.7k $173.7k 0.00% Unchanged
43 Oaktree Fund Advisors, LLC 0.02% of their portfolio LOS ANGLES, CA 16,00016.0k $16.2k $16.2k 0.02% Unchanged
44 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 15,00015.0k $15.1k $15.1k 0.00% New
45 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 13,00013.0k $13.1k $13.1k 0.00% Added +2.0k +2,000
46 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 10,00010.0k $10.1k $10.1k 0.00% New
47 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 3,2003.2k $324.0k $324.0k 0.00% New
48 Nellore Capital Management LLC 0.03% of their portfolio REDWOOD CITY, CA 11 $203.0k $203.0k 0.03% Unchanged
49 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged
50 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 00 $0 $0 0.00% New