Vault-13

SPLUNK INC SPLK 1.125 09.15.25

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

67 institutional holders -12 vs Q3 2023
25,775,38225.8m shares reported held*
$916.3mreported value*
10 new 13 added 23 reduced 22 sold out net bought ≈ $69.4m (+3.5m 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 ≈ $35.55.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 70Q4 22: 70Q1 23: 74Q2 23: 77Q3 23: 79Q4 23: 6767Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202270
Q4 202270
Q1 202374
Q2 202377
Q3 202379
Q4 202367

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 23Q4 23: 23 bought or addedQ4 23: 45 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222436
Q1 20232930
Q2 20232933
Q3 20232449
Q4 20232345

Biggest buyers

Weiss Asset Management LP New +78,698,000+78.7m
HBK INVESTMENTS L P Added +60,450,000+60.5m
GLAZER CAPITAL, LLC Added +53,494,000+53.5m
JPMORGAN CHASE & CO Added +29,966,000+30.0m
LMR Partners LLP New +25,000,000+25.0m
CSS LLC/IL Added +24,828,000+24.8m
Sculptor Capital LP New +20,000,000+20.0m
Shaolin Capital Management LLC Added +18,500,000+18.5m
BANK OF MONTREAL /CAN/ New +16,714,000+16.7m
Calamos Advisors LLC Added +12,892,000+12.9m

Biggest sellers

LAZARD ASSET MANAGEMENT LLC Reduced -62,401,000-62.4m
VOYA INVESTMENT MANAGEMENT LLC Reduced -47,940,000-47.9m
Linden Advisors LP Sold out -45,255,000-45.3m
SHENKMAN CAPITAL MANAGEMENT INC Sold out -30,783,000-30.8m
GOLDMAN SACHS GROUP INC Sold out -17,058,000-17.1m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -10,548,000-10.5m
AXA S.A. Reduced -10,400,000-10.4m
MILLENNIUM MANAGEMENT LLC Sold out -10,000,000-10.0m
ROYAL BANK OF CANADA Reduced -7,870,000-7.9m
STATE STREET CORP Reduced -6,600,000-6.6m

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Shaolin Capital Management LLC 3.62% of their portfolio Miami, FL 93,500,00093.5m $103.2m $103.2m 3.62% Added +18.5m +18,500,000
2 Weiss Asset Management LP 6.21% of their portfolio BOSTON, MA 78,698,00078.7m $86.8m $86.8m 6.21% New
3 HBK INVESTMENTS L P 1.88% of their portfolio DALLAS, TX 71,128,00071.1m $78.5m $78.5m 1.88% Added +60.5m +60,450,000
4 GLAZER CAPITAL, LLC 7.66% of their portfolio New York, NY 67,520,00067.5m $74.4m $74.4m 7.66% Added +53.5m +53,494,000
5 VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio ATLANTA, GA 57,690,00057.7m $63.7m $63.7m 0.07% Reduced -47.9m -47,940,000
6 Calamos Advisors LLC 0.30% of their portfolio NAPERVILLE, IL 52,400,00052.4m $57.8m $57.8m 0.30% Added +12.9m +12,892,000
7 MacKay Shields LLC 1.26% of their portfolio New York, NY 39,253,00039.3m $43.3m $43.3m 1.26% Reduced -703.0k -703,000
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 38,234,00038.2m $42.2m $42.2m 0.00% Added +30.0m +29,966,000
9 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 31,450,00031.4m $34.7m $34.7m 0.02% Unchanged
10 CSS LLC/IL 2.19% of their portfolio CHICAGO, IL 25,482,00025.5m $28.1m $28.1m 2.19% Added +24.8m +24,828,000
11 LMR Partners LLP 0.69% of their portfolio LONDON, X0 25,000,00025.0m $27.6m $27.6m 0.69% New
12 Sculptor Capital LP 0.56% of their portfolio New York, NY 20,000,00020.0m $22.1m $22.1m 0.56% New
13 Polar Asset Management Partners Inc. 0.60% of their portfolio TORONTO, A6 20,000,00020.0m $22.1m $22.1m 0.60% Unchanged
14 CQS (US), LLC 2.33% of their portfolio NEW YORK, NY 19,250,00019.2m $21.3m $21.3m 2.33% Unchanged
15 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 17,851,00017.9m $19.7m $19.7m 0.00% Reduced -6.6m -6,600,000
16 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 16,714,00016.7m $18.4m $18.4m 0.01% New
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 13,840,00013.8m $15.3m $15.3m 0.00% Added +4.5m +4,455,000
18 FMR LLC 0.00% of their portfolio BOSTON, MA 11,627,00011.6m $12.8m $12.8m 0.00% Unchanged
19 Fort Baker Capital Management LP 1.34% of their portfolio Larkspur, CA 9,659,0009.7m $10.7m $10.7m 1.34% Reduced -1.3m -1,341,000
20 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 8,924,0008.9m $9.8m $9.8m 0.00% New
21 Amundi 0.00% of their portfolio Paris, I0 8,000,0008.0m $8.9m $8.9m 0.00% Unchanged
22 Parallax Volatility Advisers, L.P. 0.21% of their portfolio San Francisco, CA 7,000,0007.0m $7.7m $7.7m 0.21% Unchanged
23 Man Group plc 0.02% of their portfolio LONDON, X0 6,644,0006.6m $7.3m $7.3m 0.02% Reduced -1.2m -1,242,000
24 BlackRock Inc. 0.00% of their portfolio New York, NY 6,128,0006.1m $6.7m $6.7m 0.00% Added +175.0k +175,000
25 BARDIN HILL MANAGEMENT PARTNERS LP 2.31% of their portfolio NEW YORK, NY 4,832,0004.8m $5.4m $5.4m 2.31% Added +3.5m +3,482,000
26 DLD Asset Management, LP 0.80% of their portfolio NEW YORK, NY 4,500,0004.5m $5.0m $5.0m 0.80% Unchanged
27 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 4,500,0004.5m $4.9m $4.9m 0.01% Unchanged
28 ADVENT CAPITAL MANAGEMENT /DE/ 0.10% of their portfolio NEW YORK, NY 4,103,0004.1m $4.5m $4.5m 0.10% Reduced -10.5m -10,548,000
29 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 3,987,0004.0m $4.4m $4.4m 0.01% Reduced -62.4m -62,401,000
30 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 3,709,0003.7m $3.6m $3.6m 0.00% Reduced -4.7m -4,700,000
31 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,891,0002.9m $3.2m $3.2m 0.00% Added +2.7m +2,666,000
32 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,341,0002.3m $2.6m $2.6m 0.00% Reduced -42.0k -42,000
33 LBP AM SA 0.05% of their portfolio Paris, I0 2,000,0002.0m $2.2m $2.2m 0.05% Unchanged
34 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,806,0001.8m $2.0m $2.0m 0.00% Unchanged
35 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,742,0001.7m $1.9m $1.9m 0.00% Reduced -474.0k -474,000
36 PALISADE CAPITAL MANAGEMENT, LP 0.04% of their portfolio FORT LEE, NJ 1,500,0001.5m $1.7m $1.7m 0.04% Reduced -2.4m -2,424,000
37 INGALLS & SNYDER LLC 0.07% of their portfolio NEW YORK, NY 1,419,0001.4m $1.6m $1.6m 0.07% Unchanged
38 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,205,0001.2m $1.3m $1.3m 0.00% Reduced -1.6m -1,569,000
39 AXA S.A. 0.00% of their portfolio PARIS, I0 1,140,0001.1m $1.3m $1.3m 0.00% Reduced -10.4m -10,400,000
40 RWC Asset Management LLP 0.07% of their portfolio LONDON, X0 1,000,0001.0m $1.1m $1.1m 0.07% Reduced -4.0m -4,000,000
41 Worth Venture Partners, LLC 0.52% of their portfolio FORT LEE, NJ 865,000865.0k $955.3k $955.3k 0.52% Added +245.0k +245,000
42 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 800,000800.0k $872.0k $872.0k 0.00% Reduced -150.0k -150,000
43 EDMOND DE ROTHSCHILD HOLDING S.A. 0.02% of their portfolio CHAMBESY, V8 800,000800.0k $882.6k $882.6k 0.02% Unchanged
44 BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 564,000564.0k $622.9k $622.9k 0.02% Reduced -1.1m -1,124,000
45 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 400,000400.0k $440.6k $440.6k 0.00% Unchanged
46 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 299,000299.0k $329.3k $329.3k 0.00% Unchanged
47 KBC Group NV 0.00% of their portfolio Brussels, C9 200,000200.0k $221.0k $221.0k 0.00% Reduced -100.0k -100,000
48 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 130,000130.0k $143.2k $143.2k 0.00% Added +14.0k +14,000
49 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 119,000119.0k $131.3k $131.3k 0.01% Reduced -190.0k -190,000
50 NOMURA HOLDINGS INC 0.15% of their portfolio TOKYO, M0 109,100109.1k $16.6m $16.6m 0.15% New
51 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 55,00055.0k $60.6k $60.6k 0.00% Unchanged
52 Virtus Investment Advisers, LLC 0.04% of their portfolio HARTFORD, CT 48,00048.0k $52.9k $52.9k 0.04% New
53 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 43,00043.0k $47.4k $47.4k 0.00% Unchanged
54 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 43,00043.0k $47.4k $47.4k 0.00% Added +17.0k +17,000
55 COMERICA BANK 0.00% of their portfolio DALLAS, TX 35,00035.0k $38.6k $38.6k 0.00% Unchanged
56 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 26,00026.0k $28.0k $28.0k 0.00% Unchanged
57 Goldstein Advisors, LLC 0.43% of their portfolio Madison, WI 23,00023.0k $2.5m $2.5m 0.43% Unchanged
58 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 18,00018.0k $19.7k $19.7k 0.01% Reduced -1.0k -1,000
59 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 17,00017.0k $18.7k $18.7k 0.00% Reduced -2.7m -2,695,000
60 Verition Fund Management LLC 0.17% of their portfolio GREENWICH, CT 15,00015.0k $16.6m $16.6m 0.17% New
61 Iron Horse Wealth Management, LLC 0.00% of their portfolio JOHSTON, IA 9,0009.0k $9.9k $9.9k 0.00% Unchanged
62 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,0004.0k $4.0k $4.0k 0.00% Reduced -7.9m -7,870,000
63 LAFFER TENGLER INVESTMENTS, INC. 0.67% of their portfolio Scottsdale, AZ 2,2822.3k $2.5m $2.5m 0.67% Reduced -221 -221
64 K2 PRINCIPAL FUND, L.P. 0.49% of their portfolio TORONTO, A6 1,9001.9k $2.1m $2.1m 0.49% New
65 Candriam S.C.A. 0.01% of their portfolio STRASSEN, N4 1,2001.2k $1.3m $1.3m 0.01% Reduced -2.3k -2,300
66 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,0001.0k $1.1k $1.1k 0.00% New
67 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged