Vault-13

SNAP INC SNAP 0.75 08.01.26

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

25 institutional holders -7 vs Q4 2024
200,000200.0k shares reported held*
$337.5mreported value*
2 new 5 added 7 reduced 9 sold out net bought ≈ $94.9m (-775.0k 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 ≈ $1687.73.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 65Q4 22: 67Q1 23: 57Q2 23: 64Q3 23: 53Q4 23: 50Q1 24: 47Q2 24: 35Q3 24: 31Q4 24: 32Q1 25: 2525Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202265
Q4 202267
Q1 202357
Q2 202364
Q3 202353
Q4 202350
Q1 202447
Q2 202435
Q3 202431
Q4 202432
Q1 202525

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 23: 26 bought or addedQ2 23: 25 cut or sold outQ3 23: 16 bought or addedQ3 23: 37 cut or sold outQ3 23Q4 23: 21 bought or addedQ4 23: 26 cut or sold outQ1 24: 22 bought or addedQ1 24: 25 cut or sold outQ1 24Q2 24: 11 bought or addedQ2 24: 32 cut or sold outQ3 24: 10 bought or addedQ3 24: 13 cut or sold outQ3 24Q4 24: 9 bought or addedQ4 24: 14 cut or sold outQ1 25: 7 bought or addedQ1 25: 16 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20232625
Q3 20231637
Q4 20232126
Q1 20242225
Q2 20241132
Q3 20241013
Q4 2024914
Q1 2025716

Biggest buyers

VOYA INVESTMENT MANAGEMENT LLC Added +143,570,000+143.6m
BARCLAYS PLC Added +3,048,000+3.0m
Jefferies Financial Group Inc. Added +2,234,000+2.2m
WELLS FARGO & COMPANY/MN Added +1,892,000+1.9m
CSS LLC/IL Added +791,000+791.0k
Universal- Beteiligungs- und Servicegesellschaft mbH New +750,000+750.0k
CITIGROUP INC New +250,000+250.0k

Biggest sellers

LAZARD ASSET MANAGEMENT LLC Reduced -28,152,000-28.2m
AQR Arbitrage LLC Sold out -15,445,000-15.4m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -8,739,000-8.7m
NOMURA HOLDINGS INC Sold out -723,011-723.0k
JPMORGAN CHASE & CO Reduced -326,000-326.0k
BANK OF AMERICA CORP /DE/ Reduced -301,000-301.0k
ABN AMRO INVESTMENT SOLUTIONS Sold out -300,000-300.0k
CHOREO, LLC Sold out -42,000-42.0k
INSIGNEO ADVISORY SERVICES, LLC Sold out -21,000-21.0k
US BANCORP \DE\ Sold out -20,000-20.0k

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.15% of their portfolio ATLANTA, GA 288,340,000288.3m $278.5m $278.5m 0.15% Added +143.6m +143,570,000
2 CSS LLC/IL 1.28% of their portfolio CHICAGO, IL 18,886,00018.9m $18.3m $18.3m 1.28% Added +791.0k +791,000
3 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 15,725,00015.7m $15.2m $15.2m 0.00% Reduced -326.0k -326,000
4 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 8,750,0008.8m $8.4m $8.4m 0.01% Unchanged
5 Jefferies Financial Group Inc. 0.06% of their portfolio NEW YORK, NY 3,607,0003.6m $3.5m $3.5m 0.06% Added +2.2m +2,234,000
6 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 3,284,0003.3m $3.2m $3.2m 0.00% Added +3.0m +3,048,000
7 FMR LLC 0.00% of their portfolio BOSTON, MA 2,984,0003.0m $2.9m $2.9m 0.00% Unchanged
8 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,829,0002.8m $2.7m $2.7m 0.00% Added +1.9m +1,892,000
9 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,110,0001.1m $1.1m $1.1m 0.00% First filing
10 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 750,000750.0k $724.0k $724.0k 0.00% Reduced -28.2m -28,152,000
11 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 750,000750.0k $724.5k $724.5k 0.00% New
12 ADVENT CAPITAL MANAGEMENT /DE/ 0.01% of their portfolio NEW YORK, NY 610,000610.0k $589.2k $589.2k 0.01% Reduced -8.7m -8,739,000
13 SSI INVESTMENT MANAGEMENT LLC 0.04% of their portfolio Los Angeles, CA 573,000573.0k $551.3k $551.3k 0.04% Unchanged
14 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 513,000513.0k $492.4k $492.4k 0.00% Reduced -3.0k -3,000
15 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 250,000250.0k $240.5k $240.5k 0.00% New
16 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $192.8k $192.8k 0.00% Unchanged
17 Calamos Wealth Management LLC 0.00% of their portfolio NAPERVILLE, IL 101,000101.0k $97.0k $97.0k 0.00% Reduced -1.0k -1,000
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 81,00081.0k $77.9k $77.9k 0.00% Reduced -301.0k -301,000
19 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 32,00032.0k $30.8k $30.8k 0.00% Unchanged
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 29,00029.0k $28.0k $28.0k 0.00% Reduced -5.0k -5,000
21 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 21,00021.0k $20.2k $20.2k 0.00% Unchanged
22 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 17,00017.0k $16.3k $16.3k 0.00% Unchanged
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,0001.0k $962 $962 0.00% Unchanged
24 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 11 $962 $962 0.00% Unchanged
25 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged