Vault-13

SNAP INC SNAP 0.25 05.01.25

NOTE 0.250% 5/0 · US DOMESTIC · CUSIP 83304AAD8

12 institutional holders -8 vs Q1 2024
$36.8mprincipal reported held*
$46.1mreported value*
2 new 1 added 5 reduced 11 sold out net sold ≈ $158.1m (-3.3m 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.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 29Q4 22: 29Q1 23: 27Q2 23: 27Q3 23: 25Q4 23: 26Q1 24: 20Q2 24: 1212Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202229
Q4 202229
Q1 202327
Q2 202327
Q3 202325
Q4 202326
Q1 202420
Q2 202412

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 11 bought or addedQ4 22: 13 cut or sold outQ4 22Q1 23: 10 bought or addedQ1 23: 13 cut or sold outQ2 23: 9 bought or addedQ2 23: 10 cut or sold outQ2 23Q3 23: 11 bought or addedQ3 23: 9 cut or sold outQ4 23: 9 bought or addedQ4 23: 8 cut or sold outQ4 23Q1 24: 7 bought or addedQ1 24: 12 cut or sold outQ2 24: 3 bought or addedQ2 24: 16 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221113
Q1 20231013
Q2 2023910
Q3 2023119
Q4 202398
Q1 2024712
Q2 2024316

Biggest buyers

Skaana Management L.P. New +4,568,000+4.6m
JPMORGAN CHASE & CO Added +2,016,000+2.0m
K2 PRINCIPAL FUND, L.P. New +7,100+7.1k

Biggest sellers

Aequim Alternative Investments LP Sold out -90,000,000-90.0m
III Capital Management Sold out -19,982,000-20.0m
STEELHEAD PARTNERS LLC Sold out -15,000,000-15.0m
MILLENNIUM MANAGEMENT LLC Sold out -12,600,000-12.6m
DeepCurrents Investment Group LLC Sold out -5,042,000-5.0m
BNP PARIBAS FINANCIAL MARKETS Reduced -4,208,000-4.2m
MIZUHO SECURITIES USA LLC Sold out -3,000,000-3.0m
CITIGROUP INC Reduced -2,010,000-2.0m
BOOTHBAY FUND MANAGEMENT, LLC Sold out -1,909,000-1.9m
Verition Fund Management LLC Sold out -1,435,000-1.4m

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 12,766,00012.8m $13.3m $13.3m 0.00% Added +2.0m +2,016,000
2 HBK INVESTMENTS L P 0.16% of their portfolio DALLAS, TX 6,232,0006.2m $6.6m $6.6m 0.16% Not comparable
3 FMR LLC 0.00% of their portfolio BOSTON, MA 5,358,0005.4m $5.6m $5.6m 0.00% Reduced -17.0k -17,000
4 Skaana Management L.P. 1.83% of their portfolio BROOKLYN, NY 4,568,0004.6m $4.8m $4.8m 1.83% New
5 Calamos Advisors LLC 0.02% of their portfolio NAPERVILLE, IL 4,000,0004.0m $4.2m $4.2m 0.02% Reduced -5.0k -5,000
6 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,750,0001.8m $1.8m $1.8m 0.00% Unchanged
7 PALISADE CAPITAL MANAGEMENT, LP 0.04% of their portfolio FORT LEE, NJ 1,461,0001.5m $1.6m $1.6m 0.04% Reduced -28.0k -28,000
8 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 500,000500.0k $526.5k $526.5k 0.00% Reduced -2.0m -2,010,000
9 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 81,00081.0k $85.3k $85.3k 0.00% Reduced -4.2m -4,208,000
10 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 35,00035.0k $36.9k $36.9k 0.00% Unchanged
11 K2 PRINCIPAL FUND, L.P. 1.65% of their portfolio TORONTO, A6 7,1007.1k $7.5m $7.5m 1.65% New
12 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged