Vault-13

SPLUNK INC SPLK 1.125 06.15.27

NOTE 1.125% 6/1 · US DOMESTIC · CUSIP 848637AF1

79 institutional holders +2 vs Q2 2023
90,626,74590.6m shares reported held*
$1.2bnreported value*
19 new 17 added 22 reduced 19 sold out net bought ≈ $6.9m (+29.4m 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 ≈ $12.89.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 66Q4 22: 68Q1 23: 73Q2 23: 77Q3 23: 7979Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202266
Q4 202268
Q1 202373
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: 31 bought or addedQ4 22: 32 cut or sold outQ4 22Q1 23: 27 bought or addedQ1 23: 28 cut or sold outQ1 23Q2 23: 30 bought or addedQ2 23: 34 cut or sold outQ2 23Q3 23: 36 bought or addedQ3 23: 41 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20223132
Q1 20232728
Q2 20233034
Q3 20233641

Biggest buyers

Weiss Asset Management LP New +65,000,000+65.0m
AQR Arbitrage LLC New +36,390,000+36.4m
Sculptor Capital LP New +24,500,000+24.5m
Aequim Alternative Investments LP Added +24,000,000+24.0m
Westchester Capital Management, LLC New +21,500,000+21.5m
Calamos Advisors LLC Added +15,000,000+15.0m
TWO SIGMA INVESTMENTS, LP Added +14,420,000+14.4m
SHENKMAN CAPITAL MANAGEMENT INC Added +11,568,000+11.6m
ADVENT CAPITAL MANAGEMENT /DE/ Added +10,035,000+10.0m
Point72 Asset Management, L.P. New +10,000,000+10.0m

Biggest sellers

SOROS FUND MANAGEMENT LLC Reduced -90,500,000-90.5m
CAMDEN ASSET MANAGEMENT L P /CA Reduced -33,225,000-33.2m
MILLENNIUM MANAGEMENT LLC Sold out -32,250,000-32.2m
SILVERBACK ASSET MANAGEMENT LLC Sold out -12,000,000-12.0m
LMR Partners LLP Sold out -11,500,000-11.5m
DeepCurrents Investment Group LLC Sold out -11,000,000-11.0m
Centiva Capital, LP Sold out -10,000,000-10.0m
Lynrock Lake LP Sold out -10,000,000-10.0m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduced -9,200,000-9.2m
JPMORGAN CHASE & CO Reduced -9,091,000-9.1m

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.25% of their portfolio ATLANTA, GA 237,911,000237.9m $225.7m $225.7m 0.25% Added +1.0m +1,000,000
2 Invesco Ltd. 0.03% of their portfolio ATLANTA, GA 109,713,000109.7m $103.5m $103.5m 0.03% Unchanged
3 Calamos Advisors LLC 0.36% of their portfolio NAPERVILLE, IL 70,075,00070.1m $66.1m $66.1m 0.36% Added +15.0m +15,000,000
4 Weiss Asset Management LP 4.87% of their portfolio BOSTON, MA 65,000,00065.0m $61.3m $61.3m 4.87% New
5 SOROS FUND MANAGEMENT LLC 0.97% of their portfolio NEW YORK, NY 50,000,00050.0m $47.2m $47.2m 0.97% Reduced -90.5m -90,500,000
6 Aequim Alternative Investments LP 1.80% of their portfolio MILL VALLEY, CA 50,000,00050.0m $47.4m $47.4m 1.80% Added +24.0m +24,000,000
7 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 49,000,00049.0m $45.9m $45.9m 0.02% Reduced -9.2m -9,200,000
8 ADVENT CAPITAL MANAGEMENT /DE/ 0.99% of their portfolio NEW YORK, NY 44,421,00044.4m $42.1m $42.1m 0.99% Added +10.0m +10,035,000
9 AQR Arbitrage LLC 1.55% of their portfolio Greenwich, CT 36,390,00036.4m $34.5m $34.5m 1.55% New
10 SHENKMAN CAPITAL MANAGEMENT INC 2.62% of their portfolio NEW YORK, NY 36,257,00036.3m $34.9m $34.9m 2.62% Added +11.6m +11,568,000
11 TWO SIGMA INVESTMENTS, LP 0.09% of their portfolio NEW YORK, NY 35,065,00035.1m $33.1m $33.1m 0.09% Added +14.4m +14,420,000
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 31,925,00031.9m $30.2m $30.2m 0.00% Unchanged
13 READYSTATE ASSET MANAGEMENT LP 2.29% of their portfolio CHICAGO, IL 29,000,00029.0m $27.5m $27.5m 2.29% Reduced -3.0m -3,000,000
14 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.04% of their portfolio FRANKFURT AM MAIN, 2M 27,850,00027.9m $26.3m $26.3m 0.04% Reduced -500.0k -500,000
15 Sculptor Capital LP 0.56% of their portfolio New York, NY 24,500,00024.5m $23.1m $23.1m 0.56% New
16 Westchester Capital Management, LLC 0.70% of their portfolio VALHALLA, NY 21,500,00021.5m $20.4m $20.4m 0.70% New
17 PIER 88 INVESTMENT PARTNERS LLC 4.65% of their portfolio SAN FRANCISCO, CA 19,770,00019.8m $18.7m $18.7m 4.65% Added +1.5m +1,470,000
18 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 19,549,00019.5m $18.5m $18.5m 0.00% Reduced -9.1m -9,091,000
19 CAMDEN ASSET MANAGEMENT L P /CA 0.63% of their portfolio Los Angeles, CA 17,891,00017.9m $16.9m $16.9m 0.63% Reduced -33.2m -33,225,000
20 FMR LLC 0.00% of their portfolio BOSTON, MA 17,806,00017.8m $16.8m $16.8m 0.00% Added +8.1m +8,100,000
21 PUTNAM INVESTMENTS LLC 0.02% of their portfolio BOSTON, MA 14,177,00014.2m $13.4m $13.4m 0.02% Reduced -5.4m -5,397,000
22 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 12,000,00012.0m $11.2m $11.2m 0.01% Added +8.0m +8,000,000
23 Amundi 0.01% of their portfolio Paris, I0 11,917,00011.9m $11.2m $11.2m 0.01% Reduced -1.9m -1,933,000
24 HBK INVESTMENTS L P 0.21% of their portfolio DALLAS, TX 10,000,00010.0m $9.4m $9.4m 0.21% Not comparable
25 Point72 Asset Management, L.P. 0.03% of their portfolio STAMFORD, CT 10,000,00010.0m $9.4m $9.4m 0.03% New
26 MOORE CAPITAL MANAGEMENT, LP 0.23% of their portfolio NEW YORK, NY 8,972,0009.0m $8.5m $8.5m 0.23% New
27 BlackRock Inc. 0.00% of their portfolio New York, NY 8,491,0008.5m $8.0m $8.0m 0.00% Added +1.3m +1,325,000
28 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 8,378,0008.4m $7.9m $7.9m 0.01% Added +1.5m +1,532,000
29 PRIVATE MANAGEMENT GROUP INC 0.30% of their portfolio IRVINE, CA 7,710,0007.7m $7.2m $7.2m 0.30% Reduced -16.0k -16,000
30 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 7,500,0007.5m $7.1m $7.1m 0.01% Unchanged
31 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 6,320,0006.3m $6.0m $6.0m 0.00% Reduced -8.2m -8,164,000
32 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.10% of their portfolio CHICAGO, IL 6,000,0006.0m $5.7m $5.7m 0.10% Not comparable
33 RATIONAL ADVISORS, INC. 0.50% of their portfolio San Juan, PR 5,820,0005.8m $5.5m $5.5m 0.50% Added +1.5m +1,470,000
34 Sonora Investment Management Group, LLC 0.42% of their portfolio TUCSON, AZ 5,273,0005.3m $5.0m $5.0m 0.42% Reduced -77.0k -77,000
35 Alberta Investment Management Corp 0.05% of their portfolio EDMONTON, A0 5,000,0005.0m $4.7m $4.7m 0.05% New
36 Anson Funds Management LP 1.40% of their portfolio DALLAS, TX 5,000,0005.0m $4.7m $4.7m 1.40% New
37 Governors Lane LP 0.91% of their portfolio NEW YORK, NY 5,000,0005.0m $4.7m $4.7m 0.91% Unchanged
38 AXA S.A. 0.02% of their portfolio PARIS, I0 4,730,0004.7m $4.5m $4.5m 0.02% Unchanged
39 Linden Advisors LP 0.04% of their portfolio New York, NY 4,500,0004.5m $4.2m $4.2m 0.04% New
40 NorthCoast Asset Management LLC 0.08% of their portfolio STAMFORD, CT 4,425,0004.4m $4.2m $4.2m 0.08% Unchanged
41 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 4,328,0004.3m $4.1m $4.1m 0.01% Reduced -396.0k -396,000
42 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,847,0003.8m $3.6m $3.6m 0.00% Reduced -4.7m -4,716,000
43 Nicholas Investment Partners, LP 0.27% of their portfolio RANCHO SANTA FE, CA 3,815,0003.8m $3.6m $3.6m 0.27% Added +1.5m +1,455,000
44 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 3,500,0003.5m $3.3m $3.3m 0.00% Unchanged
45 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 3,333,0003.3m $3.1m $3.1m 0.01% Unchanged
46 WESTWOOD HOLDINGS GROUP INC 0.03% of their portfolio DALLAS, TX 3,000,0003.0m $2.8m $2.8m 0.03% Added +1.1m +1,150,000
47 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 2,986,0003.0m $2.8m $2.8m 0.01% Reduced -19.0k -19,000
48 WATER ISLAND CAPITAL LLC 0.25% of their portfolio NEW YORK, NY 2,862,0002.9m $2.7m $2.7m 0.25% New
49 ZAZOVE ASSOCIATES LLC 0.20% of their portfolio INCLINE VILLAGE, NV 2,000,0002.0m $1.9m $1.9m 0.20% Unchanged
50 GLAZER CAPITAL, LLC 0.12% of their portfolio New York, NY 2,000,0002.0m $1.9m $1.9m 0.12% New
51 CSS LLC/IL 0.16% of their portfolio CHICAGO, IL 2,000,0002.0m $1.9m $1.9m 0.16% New
52 Liberty Mutual Group Asset Management Inc. 0.36% of their portfolio Boston, MA 1,375,0001.4m $1.3m $1.3m 0.36% Reduced -2.3m -2,275,000
53 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,145,0001.1m $1.1m $1.1m 0.00% New
54 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,088,0001.1m $1.0m $1.0m 0.00% Reduced -1.0m -1,000,000
55 Man Group plc 0.00% of their portfolio LONDON, X0 980,000980.0k $925.1k $925.1k 0.00% Unchanged
56 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 700,000700.0k $660.8k $660.8k 0.00% Reduced -400.0k -400,000
57 Clearstead Advisors, LLC 0.02% of their portfolio CLEVELAND, OH 660,000660.0k $624.1k $624.1k 0.02% Added +330.0k +330,000
58 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 622,000622.0k $587.1k $587.1k 0.00% Reduced -1.1m -1,130,000
59 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 500,000500.0k $471.8k $471.8k 0.01% Reduced -1.3m -1,268,000
60 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 442,000442.0k $417.2k $417.2k 0.00% Reduced -6.0m -6,015,000
61 INGALLS & SNYDER LLC 0.01% of their portfolio NEW YORK, NY 285,000285.0k $269.0k $269.0k 0.01% Unchanged
62 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 222,000222.0k $209.5k $209.5k 0.00% New
63 Bellecapital International Ltd. 0.05% of their portfolio ZURICH, V8 191,000191.0k $180.4k $180.4k 0.05% Unchanged
64 LOOMIS SAYLES & CO L P 0.04% of their portfolio BOSTON, MA 170,125170.1k $24.9m $24.9m 0.04% Reduced -15.0k -14,984
65 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 145,000145.0k $137.0k $137.0k 0.00% New
66 CWM, LLC 0.00% of their portfolio OMAHA, NE 60,00060.0k $56.0k $56.0k 0.00% Unchanged
67 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 55,00055.0k $51.9k $51.9k 0.00% Reduced -103.0k -103,000
68 Evolution Wealth Advisors, LLC 0.01% of their portfolio AVENTURA, FL 44,00044.0k $41.2k $41.2k 0.01% Unchanged
69 SG Americas Securities, LLC 0.05% of their portfolio NEW YORK, NY 43,00043.0k $4.1m $4.1m 0.05% Added +38.0k +38,000
70 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 24,00024.0k $23.0k $23.0k 0.00% Added +2.0k +2,000
71 waypoint wealth counsel 0.02% of their portfolio ATLANTA, GA 21,00021.0k $19.7k $19.7k 0.02% Unchanged
72 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 10,00010.0k $9.0k $9.0k 0.00% Unchanged
73 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 10,00010.0k $9.4k $9.4k 0.00% New
74 AlphaQ Advisors LLC 0.01% of their portfolio Winter Park, FL 10,00010.0k $9.4k $9.4k 0.01% New
75 K2 PRINCIPAL FUND, L.P. 2.10% of their portfolio TORONTO, A6 7,4157.4k $7.0m $7.0m 2.10% New
76 OFI INVEST ASSET MANAGEMENT 0.23% of their portfolio ISSY LES MOULINEAUX, I0 6,6006.6k $6.3m $6.3m 0.23% New
77 Candriam S.C.A. 0.03% of their portfolio STRASSEN, N4 4,0004.0k $3.6m $3.6m 0.03% Unchanged
78 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 2020 $1.9k $1.9k 0.00% Unchanged
79 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged