Vault-13

SHIFT4 PMTS INC FOUR 0.5 08.01.27

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

43 institutional holders -13 vs Q1 2026
31,780,00031.8m shares reported held*
$593.5mreported value*
7 new 20 added 7 reduced 20 sold out net bought ≈ $45.4m (+23.0m 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 ($11.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $19.04.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 41Q4 22: 43Q1 23: 41Q2 23: 44Q3 23: 42Q4 23: 47Q1 24: 52Q2 24: 48Q3 24: 42Q4 24: 57Q1 25: 50Q2 25: 52Q3 25: 58Q4 25: 62Q1 26: 56Q2 26: 4343Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202241
Q4 202243
Q1 202341
Q2 202344
Q3 202342
Q4 202347
Q1 202452
Q2 202448
Q3 202442
Q4 202457
Q1 202550
Q2 202552
Q3 202558
Q4 202562
Q1 202656
Q2 202643

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 24: 15 bought or addedQ3 24: 25 cut or sold outQ4 24: 34 bought or addedQ4 24: 14 cut or sold outQ4 24Q1 25: 28 bought or addedQ1 25: 29 cut or sold outQ2 25: 24 bought or addedQ2 25: 22 cut or sold outQ2 25Q3 25: 35 bought or addedQ3 25: 21 cut or sold outQ4 25: 26 bought or addedQ4 25: 27 cut or sold outQ4 25Q1 26: 25 bought or addedQ1 26: 35 cut or sold outQ2 26: 27 bought or addedQ2 26: 27 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241525
Q4 20243414
Q1 20252829
Q2 20252422
Q3 20253521
Q4 20252627
Q1 20262535
Q2 20262727

Biggest buyers

VOYA INVESTMENT MANAGEMENT LLC Added +41,395,000+41.4m
DeepCurrents Investment Group LLC Added +27,500,000+27.5m
OAKTREE CAPITAL MANAGEMENT LP Added +21,172,000+21.2m
Walleye Capital LLC Added +17,000,000+17.0m
Verition Fund Management LLC New +15,000,000+15.0m
Ovata Capital Management Ltd New +12,500,000+12.5m
ADVENT CAPITAL MANAGEMENT /DE/ Added +10,920,000+10.9m
SONA ASSET MANAGEMENT (US) LLC Added +7,769,000+7.8m
PIPER SANDLER & CO. New +7,260,000+7.3m
TRUIST FINANCIAL CORP Added +4,425,000+4.4m

Biggest sellers

WOLVERINE ASSET MANAGEMENT LLC Sold out -46,921,000-46.9m
LAZARD ASSET MANAGEMENT LLC Reduced -45,300,000-45.3m
Wellesley Asset Management Sold out -31,386,000-31.4m
TWO SIGMA INVESTMENTS, LP Sold out -13,500,000-13.5m
Calamos Advisors LLC Sold out -11,493,000-11.5m
M&G PLC Sold out -9,306,000-9.3m
CITIGROUP INC Sold out -7,768,000-7.8m
FMR LLC Sold out -7,353,000-7.4m
Fore Capital, LLC Sold out -7,000,000-7.0m
JPMORGAN CHASE & CO Reduced -4,160,000-4.2m

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.12% of their portfolio ATLANTA, GA 141,370,000141.4m $135.0m $135.0m 0.12% Added +41.4m +41,395,000
2 SONA ASSET MANAGEMENT (US) LLC 1.90% of their portfolio NEW YORK, NY 53,398,00053.4m $51.0m $51.0m 1.90% Added +7.8m +7,769,000
3 OAKTREE CAPITAL MANAGEMENT LP 0.87% of their portfolio LOS ANGELES, CA 48,444,00048.4m $46.3m $46.3m 0.87% Added +21.2m +21,172,000
4 DeepCurrents Investment Group LLC 1.04% of their portfolio NEW YORK, NY 31,842,00031.8m $30.4m $30.4m 1.04% Added +27.5m +27,500,000
5 Walleye Capital LLC 0.13% of their portfolio NEW YORK, NY 29,000,00029.0m $27.7m $27.7m 0.13% Added +17.0m +17,000,000
6 Context Capital Management, LLC 0.53% of their portfolio LAJOLLA, CA 27,620,00027.6m $26.4m $26.4m 0.53% Added +2.6m +2,620,000
7 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 27,200,00027.2m $26.0m $26.0m 0.01% Reduced -1.2m -1,250,000
8 Converium Capital Inc. 9.75% of their portfolio MONTREAL, A8 25,500,00025.5m $24.4m $24.4m 9.75% Added +4.0m +4,000,000
9 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 20,768,00020.8m $19.8m $19.8m 0.03% Unchanged
10 MacKay Shields LLC 0.61% of their portfolio New York, NY 19,157,00019.2m $18.3m $18.3m 0.61% Reduced -375.0k -375,000
11 PIER 88 INVESTMENT PARTNERS LLC 4.24% of their portfolio SAN FRANCISCO, CA 18,726,00018.7m $17.8m $17.8m 4.24% Added +2.4m +2,380,000
12 Arena Capital Advisors, LLC- CA 8.44% of their portfolio LOS ANGELES, CA 18,331,00018.3m $17.5m $17.5m 8.44% Unchanged
13 LORD, ABBETT & CO. LLC 0.05% of their portfolio JERSEY CITY, NJ 17,262,00017.3m $16.4m $16.4m 0.05% Added +2.4m +2,364,000
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 16,585,00016.6m $15.8m $15.8m 0.00% Added +3.4m +3,400,000
15 Verition Fund Management LLC 0.10% of their portfolio GREENWICH, CT 15,000,00015.0m $14.3m $14.3m 0.10% New
16 ADVENT CAPITAL MANAGEMENT /DE/ 0.29% of their portfolio NEW YORK, NY 13,418,00013.4m $12.8m $12.8m 0.29% Added +10.9m +10,920,000
17 BlackRock, Inc. 0.00% of their portfolio New York, NY 12,725,00012.7m $12.1m $12.1m 0.00% Added +2.9m +2,875,000
18 Ovata Capital Management Ltd 0.90% of their portfolio HONG KONG, K3 12,500,00012.5m $11.9m $11.9m 0.90% New
19 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 7,770,0007.8m $7.4m $7.4m 0.01% Unchanged
20 PALISADE CAPITAL MANAGEMENT, LP 0.31% of their portfolio FORT LEE, NJ 7,390,0007.4m $7.1m $7.1m 0.31% Added +1.0m +1,000,000
21 PIPER SANDLER & CO. 5.07% of their portfolio MINNEAPOLIS, MN 7,260,0007.3m $6.8m $6.8m 5.07% New
22 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 7,022,0007.0m $6.7m $6.7m 0.01% Added +2.0m +2,006,000
23 Man Group plc 0.01% of their portfolio LONDON, X0 6,827,0006.8m $6.5m $6.5m 0.01% Unchanged
24 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 6,371,0006.4m $6.1m $6.1m 0.01% Added +4.4m +4,425,000
25 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,900,0005.9m $5.6m $5.6m 0.00% Reduced -3.2m -3,223,000
26 RATIONAL ADVISORS, INC. 0.49% of their portfolio San Juan, PR 5,576,0005.6m $5.3m $5.3m 0.49% Added +2.4m +2,380,000
27 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,948,0004.9m $4.7m $4.7m 0.00% Added +2.9m +2,926,000
28 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,676,0004.7m $4.5m $4.5m 0.00% Reduced -4.2m -4,160,000
29 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 4,602,0004.6m $4.4m $4.4m 0.00% Added +1.0m +1,007,000
30 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 4,000,0004.0m $3.8m $3.8m 0.01% Added +1.0m +1,000,000
31 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 3,485,0003.5m $33.3k $33.3k 0.00% Reduced -45.3m -45,300,000
32 Ewing Morris & Co. Investment Partners Ltd. 1.50% of their portfolio TORONTO, Z4 3,000,0003.0m $2.9m $2.9m 1.50% New
33 Amundi 0.00% of their portfolio Paris, I0 2,703,0002.7m $2.6m $2.6m 0.00% Unchanged
34 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 2,500,0002.5m $2.4m $2.4m 0.00% New
35 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 2,370,0002.4m $2.3m $2.3m 0.00% Added +1.5m +1,500,000
36 ZAZOVE ASSOCIATES LLC 0.06% of their portfolio INCLINE VILLAGE, NV 810,000810.0k $773.7k $773.7k 0.06% Reduced -2.6m -2,600,000
37 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 330,000330.0k $314.3k $314.3k 0.00% Unchanged
38 UBS Group AG 0.00% of their portfolio ZURICH, V8 315,000315.0k $300.0k $300.0k 0.00% Reduced -417.0k -417,000
39 SSI INVESTMENT MANAGEMENT LLC 0.02% of their portfolio Los Angeles, CA 273,000273.0k $260.0k $260.0k 0.02% New
40 Kohlberg Kravis Roberts & Co. L.P. 0.00% of their portfolio NEW YORK, NY 265,000265.0k $253.1k $253.1k 0.00% Unchanged
41 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 21,00021.0k $20.0k $20.0k 0.00% New
42 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 3,0003.0k $2.9k $2.9k 0.00% Unchanged
43 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 00 $0 $0 0.00% Unchanged