Vault-13

SPLUNK INC SPLK 1.125 09.15.25

NOTE 1.125% 9/1 · US DOMESTIC · CUSIP 848637AD6

79 institutional holders +2 vs Q2 2023
22,298,50322.3m shares reported held*
$799.4mreported value*
16 new 8 added 33 reduced 16 sold out net sold ≈ $95.1m (-3.4m 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 ≈ $35.85.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 70Q4 22: 70Q1 23: 74Q2 23: 77Q3 23: 7979Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202270
Q4 202270
Q1 202374
Q2 202377
Q3 202379

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 22: 24 bought or addedQ4 22: 36 cut or sold outQ4 22Q1 23: 29 bought or addedQ1 23: 30 cut or sold outQ1 23Q2 23: 29 bought or addedQ2 23: 33 cut or sold outQ2 23Q3 23: 24 bought or addedQ3 23: 49 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222436
Q1 20232930
Q2 20232933
Q3 20232449

Biggest buyers

Shaolin Capital Management LLC New +75,000,000+75.0m
Linden Advisors LP New +45,255,000+45.3m
Polar Asset Management Partners Inc. New +20,000,000+20.0m
GLAZER CAPITAL, LLC New +14,026,000+14.0m
Fort Baker Capital Management LP New +11,000,000+11.0m
MILLENNIUM MANAGEMENT LLC New +10,000,000+10.0m
DLD Asset Management, LP New +4,500,000+4.5m
JANE STREET GROUP, LLC Added +2,603,000+2.6m
BOOTHBAY FUND MANAGEMENT, LLC New +1,688,000+1.7m
BARDIN HILL MANAGEMENT PARTNERS LP New +1,350,000+1.4m

Biggest sellers

ADVENT CAPITAL MANAGEMENT /DE/ Reduced -42,912,000-42.9m
SG Americas Securities, LLC Reduced -33,516,540-33.5m
Lombard Odier Asset Management (Europe) Ltd Sold out -29,153,000-29.2m
LAZARD ASSET MANAGEMENT LLC Reduced -28,362,000-28.4m
BlackRock Inc. Reduced -21,583,000-21.6m
SSI INVESTMENT MANAGEMENT LLC Sold out -20,154,000-20.2m
SCHRODER INVESTMENT MANAGEMENT GROUP Reduced -11,925,000-11.9m
ROYAL BANK OF CANADA Reduced -8,430,000-8.4m
Lodbrok Capital LLP Sold out -7,225,000-7.2m
Polar Capital Holdings Plc Sold out -6,500,000-6.5m

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.13% of their portfolio ATLANTA, GA 105,630,000105.6m $113.8m $113.8m 0.13% Reduced -4.8m -4,800,000
2 Shaolin Capital Management LLC 2.91% of their portfolio Miami, FL 75,000,00075.0m $80.7m $80.7m 2.91% New
3 LAZARD ASSET MANAGEMENT LLC 0.10% of their portfolio NEW YORK, NY 66,388,00066.4m $71.5m $71.5m 0.10% Reduced -28.4m -28,362,000
4 Linden Advisors LP 0.50% of their portfolio New York, NY 45,255,00045.3m $48.7m $48.7m 0.50% New
5 MacKay Shields LLC 1.25% of their portfolio New York, NY 39,956,00040.0m $45.6m $45.6m 1.25% Reduced -103.0k -103,000
6 Calamos Advisors LLC 0.23% of their portfolio NAPERVILLE, IL 39,508,00039.5m $42.5m $42.5m 0.23% Added +1.1m +1,150,000
7 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 31,450,00031.4m $33.9m $33.9m 0.02% Unchanged
8 SHENKMAN CAPITAL MANAGEMENT INC 2.51% of their portfolio NEW YORK, NY 30,783,00030.8m $33.4m $33.4m 2.51% Reduced -4.2m -4,191,000
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 24,451,00024.5m $26.3m $26.3m 0.00% Unchanged
10 Polar Asset Management Partners Inc. 0.52% of their portfolio TORONTO, A6 20,000,00020.0m $21.5m $21.5m 0.52% New
11 CQS (US), LLC 2.43% of their portfolio NEW YORK, NY 19,250,00019.2m $20.7m $20.7m 2.43% Unchanged
12 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 17,058,00017.1m $18.3m $18.3m 0.00% Reduced -1.5m -1,500,000
13 ADVENT CAPITAL MANAGEMENT /DE/ 0.37% of their portfolio NEW YORK, NY 14,651,00014.7m $15.8m $15.8m 0.37% Reduced -42.9m -42,912,000
14 GLAZER CAPITAL, LLC 0.98% of their portfolio New York, NY 14,026,00014.0m $15.1m $15.1m 0.98% New
15 FMR LLC 0.00% of their portfolio BOSTON, MA 11,627,00011.6m $12.5m $12.5m 0.00% Reduced -2.4m -2,350,000
16 AXA S.A. 0.04% of their portfolio PARIS, I0 11,540,00011.5m $12.4m $12.4m 0.04% Unchanged
17 Fort Baker Capital Management LP 1.16% of their portfolio Larkspur, CA 11,000,00011.0m $11.8m $11.8m 1.16% New
18 HBK INVESTMENTS L P 0.25% of their portfolio DALLAS, TX 10,678,00010.7m $11.5m $11.5m 0.25% Not comparable
19 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 10,000,00010.0m $10.8m $10.8m 0.01% New
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,385,0009.4m $10.1m $10.1m 0.00% Reduced -4.9m -4,910,000
21 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 8,409,0008.4m $8.1m $8.1m 0.01% Reduced -222.0k -222,000
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 8,268,0008.3m $8.9m $8.9m 0.00% Added +981.0k +981,000
23 Amundi 0.00% of their portfolio Paris, I0 8,000,0008.0m $8.6m $8.6m 0.00% Reduced -551.0k -551,000
24 Man Group plc 0.03% of their portfolio LONDON, X0 7,886,0007.9m $8.5m $8.5m 0.03% Reduced -2.0m -2,030,000
25 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 7,874,0007.9m $8.5m $8.5m 0.00% Reduced -8.4m -8,430,000
26 Parallax Volatility Advisers, L.P. 0.26% of their portfolio San Francisco, CA 7,000,0007.0m $7.5m $7.5m 0.26% Unchanged
27 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 6,338,0006.3m $6.8m $6.8m 0.01% Reduced -11.9m -11,925,000
28 OAKTREE CAPITAL MANAGEMENT LP 0.10% of their portfolio LOS ANGELES, CA 6,025,0006.0m $6.5m $6.5m 0.10% Reduced -1.0m -1,035,000
29 BlackRock Inc. 0.00% of their portfolio New York, NY 5,953,0006.0m $6.4m $6.4m 0.00% Reduced -21.6m -21,583,000
30 RWC Asset Management LLP 0.35% of their portfolio LONDON, X0 5,000,0005.0m $5.4m $5.4m 0.35% Reduced -200.0k -200,000
31 DLD Asset Management, LP 0.69% of their portfolio NEW YORK, NY 4,500,0004.5m $4.9m $4.9m 0.69% New
32 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 4,500,0004.5m $4.8m $4.8m 0.01% Unchanged
33 PALISADE CAPITAL MANAGEMENT, LP 0.12% of their portfolio FORT LEE, NJ 3,924,0003.9m $4.2m $4.2m 0.12% Reduced -1.0m -1,000,000
34 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 2,950,0003.0m $3.2m $3.2m 0.00% Added +2.6m +2,603,000
35 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,774,0002.8m $3.0m $3.0m 0.00% Reduced -5.3m -5,305,000
36 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,712,0002.7m $2.9m $2.9m 0.00% Added +1.0m +1,043,000
37 JUPITER ASSET MANAGEMENT LTD 0.03% of their portfolio London, X0 2,500,0002.5m $2.7m $2.7m 0.03% Unchanged
38 CAMDEN ASSET MANAGEMENT L P /CA 0.10% of their portfolio Los Angeles, CA 2,450,0002.5m $2.6m $2.6m 0.10% Reduced -100.0k -100,000
39 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,383,0002.4m $2.6m $2.6m 0.00% Reduced -225.0k -225,000
40 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 2,216,0002.2m $2.4m $2.4m 0.01% Reduced -6.1m -6,106,000
41 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 2,060,0002.1m $2.2m $2.2m 0.00% Unchanged
42 LBP AM SA 0.05% of their portfolio Paris, I0 2,000,0002.0m $2.2m $2.2m 0.05% Added +650.0k +650,000
43 ABN AMRO INVESTMENT SOLUTIONS 0.04% of their portfolio PARIS CEDEX 008, I0 2,000,0002.0m $2.2m $2.2m 0.04% Unchanged
44 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,806,0001.8m $1.9m $1.9m 0.00% Reduced -1.1m -1,150,000
45 BOOTHBAY FUND MANAGEMENT, LLC 0.06% of their portfolio NEW YORK, NY 1,688,0001.7m $1.8m $1.8m 0.06% New
46 INGALLS & SNYDER LLC 0.07% of their portfolio NEW YORK, NY 1,419,0001.4m $1.5m $1.5m 0.07% Reduced -569.0k -569,000
47 BARDIN HILL MANAGEMENT PARTNERS LP 0.48% of their portfolio NEW YORK, NY 1,350,0001.4m $1.5m $1.5m 0.48% New
48 PIER 88 INVESTMENT PARTNERS LLC 0.28% of their portfolio SAN FRANCISCO, CA 1,060,0001.1m $1.1m $1.1m 0.28% Added +690.0k +690,000
49 Quaero Capital S.A. 1.02% of their portfolio GENEVE, V8 1,000,0001.0m $1.1m $1.1m 1.02% New
50 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 950,000950.0k $1.0m $1.0m 0.00% Unchanged
51 EDMOND DE ROTHSCHILD HOLDING S.A. 0.02% of their portfolio CHAMBESY, V8 800,000800.0k $860.7k $860.7k 0.02% Reduced -1.2m -1,200,000
52 RATIONAL ADVISORS, INC. 0.07% of their portfolio San Juan, PR 690,000690.0k $741.4k $741.4k 0.07% New
53 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 660,000660.0k $710.4k $710.4k 0.00% New
54 CSS LLC/IL 0.06% of their portfolio CHICAGO, IL 654,000654.0k $703.3k $703.3k 0.06% New
55 Worth Venture Partners, LLC 0.40% of their portfolio FORT LEE, NJ 620,000620.0k $667.7k $667.7k 0.40% New
56 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 550,000550.0k $591.9k $591.9k 0.00% Reduced -400.0k -400,000
57 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 400,000400.0k $429.8k $429.8k 0.00% Unchanged
58 Calamos Wealth Management LLC 0.03% of their portfolio NAPERVILLE, IL 309,000309.0k $332.5k $332.5k 0.03% Reduced -30.0k -30,000
59 KBC Group NV 0.00% of their portfolio Brussels, C9 300,000300.0k $323.0k $323.0k 0.00% Unchanged
60 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 299,000299.0k $321.3k $321.3k 0.00% Reduced -200.0k -200,000
61 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 225,000225.0k $242.1k $242.1k 0.00% Reduced -4.0m -3,956,000
62 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 139,000139.0k $149.7k $149.7k 0.00% Unchanged
63 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 116,000116.0k $124.6k $124.6k 0.00% Added +24.0k +24,000
64 LAKE STREET ADVISORS GROUP, LLC 0.01% of their portfolio PORTSMOUTH, NH 85,00085.0k $91.0k $91.0k 0.01% Reduced -1.0k -1,000
65 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 55,00055.0k $59.1k $59.1k 0.00% Unchanged
66 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 43,00043.0k $46.2k $46.2k 0.00% Unchanged
67 COMERICA BANK 0.00% of their portfolio DALLAS, TX 35,00035.0k $37.6k $37.6k 0.00% Reduced -1.7m -1,654,000
68 Oaktree Fund Advisors, LLC 0.04% of their portfolio LOS ANGLES, CA 33,00033.0k $35.5k $35.5k 0.04% Added +5.0k +5,000
69 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 26,00026.0k $27.9k $27.9k 0.00% Unchanged
70 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 26,00026.0k $27.0k $27.0k 0.00% First filing
71 Goldstein Advisors, LLC 0.01% of their portfolio Madison, WI 23,00023.0k $24.6k $24.6k 0.01% Unchanged
72 NOMURA HOLDINGS INC 0.03% of their portfolio TOKYO, M0 20,23020.2k $2.9m $2.9m 0.03% New
73 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 19,00019.0k $20.4k $20.4k 0.00% New
74 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 19,00019.0k $20.3k $20.3k 0.01% Reduced -2.0k -2,000
75 SG Americas Securities, LLC 0.02% of their portfolio NEW YORK, NY 16,96017.0k $1.8m $1.8m 0.02% Reduced -33.5m -33,516,540
76 Iron Horse Wealth Management, LLC 0.00% of their portfolio JOHSTON, IA 9,0009.0k $9.6k $9.6k 0.00% Unchanged
77 Candriam S.C.A. 0.03% of their portfolio STRASSEN, N4 3,5003.5k $3.8m $3.8m 0.03% Unchanged
78 LAFFER TENGLER INVESTMENTS, INC. 0.79% of their portfolio Scottsdale, AZ 2,5032.5k $2.7m $2.7m 0.79% Reduced -115 -115
79 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged