Vault-13

SPLUNK INC SPLK 0.5 09.15.23

NOTE 0.500% 9/1 · US DOMESTIC · CUSIP 848637AC8

58 institutional holders +9 vs Q4 2022
11,936,32311.9m shares reported held*
$714.0mreported value*
18 new 14 added 16 reduced 8 sold out net bought ≈ $42.9m (-19.1m 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 ≈ $59.82.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 52Q4 22: 49Q1 23: 5858Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202252
Q4 202249
Q1 202358

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 22 bought or addedQ4 22: 24 cut or sold outQ4 22Q1 23: 32 bought or addedQ1 23: 24 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222224
Q1 20233224

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ3 22 calls: $11.3mQ3 22 puts: $20.3mQ3 22P/C 1.80Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$11.3m$20.3m1.80
Q4 2022$0$0—
Q1 2023$0$0—

Biggest buyers

LORD, ABBETT & CO. LLC New +52,920,000+52.9m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +24,700,000+24.7m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +24,551,000+24.6m
Aequim Alternative Investments LP New +23,500,000+23.5m
WHITEBOX ADVISORS LLC New +17,220,000+17.2m
JPMORGAN CHASE & CO New +12,861,000+12.9m
CITADEL ADVISORS LLC Added +11,338,000+11.3m
Centiva Capital, LP Added +9,500,000+9.5m
Point72 Asset Management, L.P. Added +7,500,000+7.5m
GOLDMAN SACHS GROUP INC New +6,520,000+6.5m

Biggest sellers

Balyasny Asset Management L.P. Sold out -45,000,000-45.0m
MacKay Shields LLC Sold out -35,954,000-36.0m
Aequim Alternative Investments LP Sold out -23,500,000-23.5m
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Reduced -15,550,000-15.6m
STEELHEAD PARTNERS LLC Reduced -11,233,000-11.2m
WELLS FARGO & COMPANY/MN Reduced -10,586,000-10.6m
BlackRock Inc. Reduced -9,535,000-9.5m
NOMURA ASSET MANAGEMENT CO LTD Sold out -7,000,000-7.0m
FMR LLC Sold out -5,690,000-5.7m
OAKTREE CAPITAL MANAGEMENT LP Reduced -5,040,000-5.0m

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 D. E. Shaw & Co., Inc. 0.21% of their portfolio New York, NY 131,102,000131.1m $128.1m $128.1m 0.21% Added +5.0m +5,000,000
2 LORD, ABBETT & CO. LLC 0.09% of their portfolio JERSEY CITY, NJ 52,920,00052.9m $51.7m $51.7m 0.09% New
3 TENOR CAPITAL MANAGEMENT Co., L.P. 1.02% of their portfolio NEW YORK, NY 52,500,00052.5m $51.3m $51.3m 1.02% Added +24.7m +24,700,000
4 VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio ATLANTA, GA 50,070,00050.1m $49.1m $49.1m 0.05% Unchanged
5 Calamos Advisors LLC 0.20% of their portfolio NAPERVILLE, IL 40,072,00040.1m $39.3m $39.3m 0.20% Unchanged
6 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio BALA CYNWYD, PA 35,551,00035.6m $34.7m $34.7m 0.05% Added +24.6m +24,551,000
7 Point72 Asset Management, L.P. 0.10% of their portfolio STAMFORD, CT 28,500,00028.5m $27.9m $27.9m 0.10% Added +7.5m +7,500,000
8 Aequim Alternative Investments LP 0.73% of their portfolio MILL VALLEY, CA 23,500,00023.5m $23.0m $23.0m 0.73% New
9 OAKTREE CAPITAL MANAGEMENT LP 0.22% of their portfolio LOS ANGELES, CA 20,138,00020.1m $19.7m $19.7m 0.22% Reduced -5.0m -5,040,000
10 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 18,338,00018.3m $17.9m $17.9m 0.02% Added +11.3m +11,338,000
11 WHITEBOX ADVISORS LLC 0.81% of their portfolio MINNEAPOLIS, MN 17,220,00017.2m $16.8m $16.8m 0.81% New
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 15,548,00015.5m $15.2m $15.2m 0.00% Reduced -3.4m -3,350,000
13 Daiwa Securities Group Inc. 0.10% of their portfolio CHIYODA-KU,TOKYO, M0 15,500,00015.5m $15.1m $15.1m 0.10% Added +5.5m +5,500,000
14 Centiva Capital, LP 0.81% of their portfolio New York, NY 15,000,00015.0m $14.7m $14.7m 0.81% Added +9.5m +9,500,000
15 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 12,861,00012.9m $12.6m $12.6m 0.00% New
16 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 11,227,00011.2m $10.9m $10.9m 0.00% Added +5.0m +5,000,000
17 ADVENT CAPITAL MANAGEMENT /DE/ 0.18% of their portfolio NEW YORK, NY 9,640,0009.6m $9.4m $9.4m 0.18% Reduced -529.0k -529,000
18 CQS (US), LLC 1.12% of their portfolio NEW YORK, NY 9,000,0009.0m $8.8m $8.8m 1.12% Added +2.0m +2,050,000
19 Monashee Investment Management LLC 2.43% of their portfolio Boston, MA 9,000,0009.0m $8.8m $8.8m 2.43% Added +5.0m +5,000,000
20 SHENKMAN CAPITAL MANAGEMENT INC 0.60% of their portfolio NEW YORK, NY 8,125,0008.1m $7.9m $7.9m 0.60% Added +3.1m +3,125,000
21 AXA S.A. 0.02% of their portfolio PARIS, I0 7,330,0007.3m $7.2m $7.2m 0.02% Reduced -620.0k -620,000
22 SILVERBACK ASSET MANAGEMENT LLC 1.09% of their portfolio DURHAM, NC 7,000,0007.0m $6.8m $6.8m 1.09% Reduced -4.0m -4,000,000
23 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 6,520,0006.5m $6.4m $6.4m 0.00% New
24 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio Paris, I0 5,900,0005.9m $5.7m $5.7m 0.02% Unchanged
25 PALISADE CAPITAL MANAGEMENT, LP 0.15% of their portfolio FORT LEE, NJ 5,541,0005.5m $5.4m $5.4m 0.15% Reduced -810.0k -810,000
26 Castle Creek Arbitrage, LLC 0.54% of their portfolio AVON, CO 5,000,0005.0m $4.9m $4.9m 0.54% New
27 Parallax Volatility Advisers, L.P. 0.17% of their portfolio San Francisco, CA 5,000,0005.0m $4.9m $4.9m 0.17% New
28 PIPER SANDLER & CO. 3.24% of their portfolio MINNEAPOLIS, MN 4,757,0004.8m $4.6m $4.6m 3.24% New
29 Man Group plc 0.02% of their portfolio LONDON, X0 4,575,0004.6m $4.5m $4.5m 0.02% Reduced -900.0k -900,000
30 BlackRock Inc. 0.00% of their portfolio New York, NY 4,518,0004.5m $4.4m $4.4m 0.00% Reduced -9.5m -9,535,000
31 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,000,0004.0m $3.9m $3.9m 0.00% Reduced -1.3m -1,336,000
32 EDMOND DE ROTHSCHILD HOLDING S.A. 0.08% of their portfolio CHAMBESY, V8 3,800,0003.8m $3.7m $3.7m 0.08% Unchanged
33 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 3,518,0003.5m $3.4m $3.4m 0.01% New
34 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 3,328,0003.3m $3.2m $3.2m 0.00% Reduced -4.3m -4,326,000
35 Opti Capital Management, LP 0.24% of their portfolio New York, NY 3,000,0003.0m $2.9m $2.9m 0.24% Reduced -3.0m -3,000,000
36 STEELHEAD PARTNERS LLC 0.16% of their portfolio SEATTLE, WA 2,500,0002.5m $2.4m $2.4m 0.16% Reduced -11.2m -11,233,000
37 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 2,200,0002.2m $2.2m $2.2m 0.00% Reduced -15.6m -15,550,000
38 CSS LLC/IL 0.15% of their portfolio CHICAGO, IL 2,000,0002.0m $2.0m $2.0m 0.15% Unchanged
39 Walleye Capital LLC 0.04% of their portfolio NEW YORK, NY 2,000,0002.0m $2.0m $2.0m 0.04% Unchanged
40 Radcliffe Capital Management, L.P. 0.11% of their portfolio BALA CYNWYD, PA 1,872,0001.9m $1.8m $1.8m 0.11% New
41 Amundi 0.00% of their portfolio Paris, I0 1,800,0001.8m $1.8m $1.8m 0.00% Added +1.2m +1,200,000
42 LBP AM SA 0.03% of their portfolio Paris, I0 1,300,0001.3m $1.3m $1.3m 0.03% Unchanged
43 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 580,000580.0k $568.0k $568.0k 0.00% New
44 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 575,000575.0k $563.1k $563.1k 0.00% Reduced -10.6m -10,586,000
45 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 458,000458.0k $448.8k $448.8k 0.00% Reduced -5.0m -5,000,000
46 KBC Group NV 0.00% of their portfolio Brussels, C9 400,000400.0k $392.0k $392.0k 0.00% Unchanged
47 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 350,000350.0k $350.1k $350.1k 0.00% New
48 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 200,000200.0k $195.0k $195.0k 0.00% New
49 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio HARRISBURG, PA 177,000177.0k $172.6k $172.6k 0.00% New
50 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 45,32345.3k $44.4m $44.4m 0.05% Reduced -1.0k -1,000
51 NOMURA HOLDINGS INC 0.03% of their portfolio TOKYO, M0 30,00130.0k $2.9m $2.9m 0.03% Added +29.3k +29,333
52 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 30,00030.0k $29.2k $29.2k 0.00% New
53 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 24,00024.0k $23.5k $23.5k 0.00% New
54 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 21,00021.0k $20.5k $20.5k 0.00% Unchanged
55 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 15,00015.0k $15.0k $15.0k 0.00% New
56 K2 PRINCIPAL FUND, L.P. 3.57% of their portfolio TORONTO, A6 13,33913.3k $13.0m $13.0m 3.57% Added +282 +282
57 Verition Fund Management LLC 0.04% of their portfolio GREENWICH, CT 2,5002.5k $2.5m $2.5m 0.04% New
58 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged