Vault-13

SNAP INC SNAP 0.75 08.01.26

NOTE 0.750% 8/0 · US DOMESTIC · CUSIP 83304AAB2

67 institutional holders +2 vs Q3 2022
14,645,34714.6m shares reported held*
$708.0mreported value*
6 new 11 added 25 reduced 6 sold out net sold ≈ $17.8m (+676.4k 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 ≈ $48.34. Options: 0 managers hold calls (— notional), 1 hold puts ($388.6k).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 65Q4 22: 6767Q3 22Q4 22
Numbers
QuarterHolders
Q3 202265
Q4 202267

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ3 22 calls: $7.5mQ3 22 puts: $1.1mQ3 22P/C 0.15Q4 22 calls: $0Q4 22 puts: $388.6kQ4 22P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$7.5m$1.1m0.15
Q4 2022$0$388.6k—

Biggest buyers

LAZARD ASSET MANAGEMENT LLC Added +16,069,000+16.1m
Nuveen Asset Management, LLC New +12,197,000+12.2m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +11,500,000+11.5m
BANK OF AMERICA CORP /DE/ Added +11,343,000+11.3m
Point72 Asset Management, L.P. New +7,975,000+8.0m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +6,892,000+6.9m
Walleye Capital LLC New +6,000,000+6.0m
MIZUHO SECURITIES USA LLC Added +4,460,000+4.5m
SOROS FUND MANAGEMENT LLC Added +2,000,000+2.0m
ADVENT CAPITAL MANAGEMENT /DE/ Added +723,000+723.0k

Biggest sellers

FIR TREE CAPITAL MANAGEMENT LP Sold out -18,100,000-18.1m
Verition Fund Management LLC Reduced -17,510,000-17.5m
Castle Creek Arbitrage, LLC Sold out -17,000,000-17.0m
Hudson Bay Capital Management LP Reduced -9,700,000-9.7m
Opti Capital Management, LP Sold out -7,500,000-7.5m
VOYA INVESTMENT MANAGEMENT LLC Reduced -7,035,000-7.0m
JPMORGAN CHASE & CO Reduced -5,818,000-5.8m
CSS LLC/IL Reduced -3,500,000-3.5m
CITIGROUP INC Reduced -3,336,000-3.3m
PALISADE CAPITAL MANAGEMENT, LP Sold out -2,197,000-2.2m

Biggest calls

None

Biggest puts

Privium Fund Management (UK) Ltd Unchanged $388.6k910 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 D. E. Shaw & Co., Inc. 0.17% of their portfolio New York, NY 117,993,000118.0m $100.7m $100.7m 0.17% Unchanged
2 SOROS FUND MANAGEMENT LLC 1.69% of their portfolio NEW YORK, NY 116,875,000116.9m $99.8m $99.8m 1.69% Added +2.0m +2,000,000
3 VOYA INVESTMENT MANAGEMENT LLC 0.11% of their portfolio ATLANTA, GA 110,355,000110.4m $93.9m $93.9m 0.11% Reduced -7.0m -7,035,000
4 ADVENT CAPITAL MANAGEMENT /DE/ 1.24% of their portfolio NEW YORK, NY 81,865,00081.9m $69.6m $69.6m 1.24% Added +723.0k +723,000
5 LAZARD ASSET MANAGEMENT LLC 0.08% of their portfolio NEW YORK, NY 72,076,00072.1m $61.3m $61.3m 0.08% Added +16.1m +16,069,000
6 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 40,000,00040.0m $33.9m $33.9m 0.01% Unchanged
7 Calamos Advisors LLC 0.14% of their portfolio NAPERVILLE, IL 34,912,00034.9m $29.8m $29.8m 0.14% Reduced -146.0k -146,000
8 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 34,200,00034.2m $28.9m $28.9m 0.02% Unchanged
9 TENOR CAPITAL MANAGEMENT Co., L.P. 0.52% of their portfolio NEW YORK, NY 25,500,00025.5m $21.8m $21.8m 0.52% Added +11.5m +11,500,000
10 Hudson Bay Capital Management LP 0.25% of their portfolio STAMFORD, CT 24,626,00024.6m $21.0m $21.0m 0.25% Reduced -9.7m -9,700,000
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 20,367,00020.4m $17.4m $17.4m 0.00% Reduced -5.8m -5,818,000
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 19,674,00019.7m $16.8m $16.8m 0.00% Reduced -286.0k -286,000
13 Verition Fund Management LLC 0.30% of their portfolio GREENWICH, CT 18,000,00018.0m $15.3m $15.3m 0.30% Reduced -17.5m -17,510,000
14 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 16,134,00016.1m $13.7m $13.7m 0.00% Added +11.3m +11,343,000
15 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 12,197,00012.2m $10.4m $10.4m 0.00% New
16 FMR LLC 0.00% of their portfolio BOSTON, MA 8,226,0008.2m $7.0m $7.0m 0.00% Unchanged
17 Point72 Asset Management, L.P. 0.03% of their portfolio STAMFORD, CT 7,975,0008.0m $6.8m $6.8m 0.03% New
18 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 7,892,0007.9m $6.7m $6.7m 0.01% Added +6.9m +6,892,000
19 BlackRock Inc. 0.00% of their portfolio New York, NY 7,590,0007.6m $6.4m $6.4m 0.00% Added +300.0k +300,000
20 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 6,281,0006.3m $5.3m $5.3m 0.01% Unchanged
21 Walleye Capital LLC 0.11% of their portfolio NEW YORK, NY 6,000,0006.0m $5.1m $5.1m 0.11% New
22 MIZUHO SECURITIES USA LLC 0.47% of their portfolio NEW YORK, NY 5,960,0006.0m $5.0m $5.0m 0.47% Added +4.5m +4,460,000
23 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 5,905,0005.9m $5.0m $5.0m 0.01% Reduced -1.6m -1,595,000
24 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 4,750,0004.8m $4.0m $4.0m 0.01% Reduced -1.0m -1,000,000
25 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 3,771,0003.8m $3.1m $3.1m 0.00% Reduced -600.0k -600,000
26 MacKay Shields LLC 0.06% of their portfolio New York, NY 2,997,0003.0m $2.5m $2.5m 0.06% Reduced -232.0k -232,000
27 CSS LLC/IL 0.14% of their portfolio CHICAGO, IL 2,500,0002.5m $2.1m $2.1m 0.14% Reduced -3.5m -3,500,000
28 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 2,382,0002.4m $2.0m $2.0m 0.01% Added +152.0k +152,000
29 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 2,300,0002.3m $2.0m $2.0m 0.00% Added +600.0k +600,000
30 Polar Capital Holdings Plc 0.01% of their portfolio London, X0 1,500,0001.5m $1.3m $1.3m 0.01% Unchanged
31 Man Group plc 0.00% of their portfolio LONDON, X0 1,390,0001.4m $1.2m $1.2m 0.00% Reduced -160.0k -160,000
32 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 1,022,5821.0m $98.0k $98.0k 0.00% Added +359.7k +359,730
33 OAKTREE CAPITAL MANAGEMENT LP 0.01% of their portfolio LOS ANGELES, CA 1,000,0001.0m $850.8k $850.8k 0.01% Unchanged
34 CQS (US), LLC 0.11% of their portfolio NEW YORK, NY 1,000,0001.0m $850.6k $850.6k 0.11% Unchanged
35 PenderFund Capital Management Ltd. 0.34% of their portfolio VANCOUVER, A1 1,000,0001.0m $1.2k $1.2k 0.34% Unchanged
36 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 815,000815.0k $694.5k $694.5k 0.00% First filing
37 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 800,000800.0k $677.1k $677.1k 0.00% Reduced -2.1m -2,100,000
38 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 771,000771.0k $655.8k $655.8k 0.00% Reduced -600.8k -600,800
39 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 731,000731.0k $622.9k $622.9k 0.00% Reduced -33.0k -33,000
40 SSI INVESTMENT MANAGEMENT LLC 0.03% of their portfolio Los Angeles, CA 522,000522.0k $442.1k $442.1k 0.03% Unchanged
41 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 500,000500.0k $426.1k $426.1k 0.00% Reduced -3.0k -3,000
42 Penn Mutual Asset Management 0.38% of their portfolio Conshohocken, PA 400,000400.0k $338.8k $338.8k 0.38% Unchanged
43 LBP AM SA 0.01% of their portfolio Paris, I0 250,000250.0k $213.8k $213.8k 0.01% First filing
44 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 241,000241.0k $205.6k $205.6k 0.00% Unchanged
45 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 136,000136.0k $115.9k $115.9k 0.01% Reduced -14.0k -14,000
46 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 65,00065.0k $55.3k $55.3k 0.00% Reduced -14.0k -14,000
47 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 57,00057.0k $48.3k $48.3k 0.00% Reduced -3.3m -3,336,000
48 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 41,00041.0k $35.4k $35.4k 0.00% New
49 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 41,00041.0k $34.7k $34.7k 0.00% Reduced -4.0k -4,000
50 Beck Bode, LLC 0.01% of their portfolio DEDHAM, MA 39,00039.0k $33.0k $33.0k 0.01% Reduced -92.0k -92,000
51 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 32,00032.0k $27.2k $27.2k 0.00% Unchanged
52 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 26,00026.0k $22.0k $22.0k 0.00% Reduced -1.0k -1,000
53 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio ORLANDO, FL 20,34720.3k $101.1k $101.1k 0.01% New
54 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 20,00020.0k $16.9k $16.9k 0.00% Unchanged
55 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 20,00020.0k $16.9k $16.9k 0.00% Unchanged
56 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 17,00017.0k $14.4k $14.4k 0.00% Unchanged
57 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 15,00015.0k $13.0k $13.0k 0.00% New
58 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 14,00014.0k $11.8k $11.8k 0.01% Reduced -1.0k -1,000
59 UBS Group AG 0.00% of their portfolio ZURICH, V8 12,00012.0k $1.0m $1.0m 0.00% Unchanged
60 PATRON PARTNERS, LLC 0.01% of their portfolio HOUSTON, TX 10,00010.0k $8.5k $8.5k 0.01% Unchanged
61 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 7,3707.4k $624.0k $624.0k 0.01% Reduced -29.4k -29,400
62 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,0004.0k $4.0k $4.0k 0.00% Unchanged
63 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 4,0004.0k $3.4k $3.4k 0.00% Unchanged
64 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 2,0002.0k $1.7k $1.7k 0.00% Unchanged
65 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,0001.0k $848 $848 0.00% Reduced -1.1m -1,142,000
66 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,0001.0k $1.0k $1.0k 0.00% Unchanged
67 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged