Vault-13

SPLUNK INC SPLK 1.125 06.15.27

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

78 institutional holders -1 vs Q3 2023
103,685,812103.7m shares reported held*
$1.1bnreported value*
15 new 14 added 23 reduced 18 sold out net sold ≈ $94.6m (+13.1m 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 ($41.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.80.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 66Q4 22: 68Q1 23: 73Q2 23: 77Q3 23: 79Q4 23: 7878Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202266
Q4 202268
Q1 202373
Q2 202377
Q3 202379
Q4 202378

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 23Q4 23: 29 bought or addedQ4 23: 41 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20223132
Q1 20232728
Q2 20233034
Q3 20233641
Q4 20232941

Biggest buyers

Westchester Capital Management, LLC Added +40,856,000+40.9m
LMR Partners LLP New +30,000,000+30.0m
Opti Capital Management, LP New +26,305,000+26.3m
SOROS FUND MANAGEMENT LLC Added +20,000,000+20.0m
Troluce Capital Advisors LLC New +16,500,000+16.5m
JPMORGAN CHASE & CO Added +14,911,000+14.9m
D. E. Shaw & Co., Inc. Added +12,597,000+12.6m
AQR Arbitrage LLC Added +9,000,000+9.0m
WATER ISLAND CAPITAL LLC Added +5,500,000+5.5m
Alberta Investment Management Corp Added +5,500,000+5.5m

Biggest sellers

Weiss Asset Management LP Reduced -47,000,000-47.0m
VOYA INVESTMENT MANAGEMENT LLC Reduced -46,835,000-46.8m
Calamos Advisors LLC Reduced -35,075,000-35.1m
READYSTATE ASSET MANAGEMENT LP Sold out -29,000,000-29.0m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -17,915,000-17.9m
CAMDEN ASSET MANAGEMENT L P /CA Sold out -17,891,000-17.9m
SHENKMAN CAPITAL MANAGEMENT INC Reduced -16,674,000-16.7m
PUTNAM INVESTMENTS LLC Sold out -14,177,000-14.2m
TORONTO DOMINION BANK Reduced -11,331,000-11.3m
MOORE CAPITAL MANAGEMENT, LP Sold out -8,972,000-9.0m

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.19% of their portfolio ATLANTA, GA 191,076,000191.1m $186.0m $186.0m 0.19% Reduced -46.8m -46,835,000
2 Invesco Ltd. 0.03% of their portfolio ATLANTA, GA 109,038,000109.0m $105.6m $105.6m 0.03% Reduced -675.0k -675,000
3 SOROS FUND MANAGEMENT LLC 1.29% of their portfolio NEW YORK, NY 70,000,00070.0m $68.0m $68.0m 1.29% Added +20.0m +20,000,000
4 Westchester Capital Management, LLC 2.44% of their portfolio VALHALLA, NY 62,356,00062.4m $60.7m $60.7m 2.44% Added +40.9m +40,856,000
5 Aequim Alternative Investments LP 1.94% of their portfolio MILL VALLEY, CA 50,000,00050.0m $48.7m $48.7m 1.94% Unchanged
6 AQR Arbitrage LLC 1.78% of their portfolio Greenwich, CT 45,390,00045.4m $44.2m $44.2m 1.78% Added +9.0m +9,000,000
7 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 45,000,00045.0m $43.4m $43.4m 0.02% Reduced -4.0m -4,000,000
8 TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio NEW YORK, NY 35,065,00035.1m $34.0m $34.0m 0.08% Unchanged
9 Calamos Advisors LLC 0.17% of their portfolio NAPERVILLE, IL 35,000,00035.0m $34.0m $34.0m 0.17% Reduced -35.1m -35,075,000
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 34,460,00034.5m $33.4m $33.4m 0.00% Added +14.9m +14,911,000
11 LMR Partners LLP 0.73% of their portfolio LONDON, X0 30,000,00030.0m $29.1m $29.1m 0.73% New
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 29,825,00029.8m $28.9m $28.9m 0.00% Reduced -2.1m -2,100,000
13 ADVENT CAPITAL MANAGEMENT /DE/ 0.59% of their portfolio NEW YORK, NY 26,506,00026.5m $25.8m $25.8m 0.59% Reduced -17.9m -17,915,000
14 Opti Capital Management, LP 1.93% of their portfolio New York, NY 26,305,00026.3m $25.5m $25.5m 1.93% New
15 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.14% of their portfolio SAN FRANCISCO, CA 23,500,00023.5m $22.9m $22.9m 0.14% Not comparable
16 Sculptor Capital LP 0.57% of their portfolio New York, NY 23,465,00023.5m $22.8m $22.8m 0.57% Reduced -1.0m -1,035,000
17 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 20,097,00020.1m $19.5m $19.5m 0.03% Added +12.6m +12,597,000
18 PIER 88 INVESTMENT PARTNERS LLC 4.82% of their portfolio SAN FRANCISCO, CA 19,770,00019.8m $19.1m $19.1m 4.82% Unchanged
19 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.03% of their portfolio FRANKFURT AM MAIN, 2M 19,600,00019.6m $19.0m $19.0m 0.03% Reduced -8.2m -8,250,000
20 SHENKMAN CAPITAL MANAGEMENT INC 1.37% of their portfolio NEW YORK, NY 19,583,00019.6m $19.1m $19.1m 1.37% Reduced -16.7m -16,674,000
21 Weiss Asset Management LP 1.25% of their portfolio BOSTON, MA 18,000,00018.0m $17.5m $17.5m 1.25% Reduced -47.0m -47,000,000
22 FMR LLC 0.00% of their portfolio BOSTON, MA 17,806,00017.8m $17.2m $17.2m 0.00% Unchanged
23 Troluce Capital Advisors LLC 6.64% of their portfolio DORADO, PR 16,500,00016.5m $16.0m $16.0m 6.64% New
24 Alberta Investment Management Corp 0.10% of their portfolio EDMONTON, A0 10,500,00010.5m $10.2m $10.2m 0.10% Added +5.5m +5,500,000
25 Point72 Asset Management, L.P. 0.03% of their portfolio STAMFORD, CT 10,000,00010.0m $9.7m $9.7m 0.03% Unchanged
26 BlackRock Inc. 0.00% of their portfolio New York, NY 9,016,0009.0m $8.7m $8.7m 0.00% Added +525.0k +525,000
27 WATER ISLAND CAPITAL LLC 0.89% of their portfolio NEW YORK, NY 8,362,0008.4m $8.7m $8.7m 0.89% Added +5.5m +5,500,000
28 PRIVATE MANAGEMENT GROUP INC 0.28% of their portfolio IRVINE, CA 7,705,0007.7m $7.4m $7.4m 0.28% Reduced -5.0k -5,000
29 Anson Funds Management LP 1.31% of their portfolio DALLAS, TX 7,000,0007.0m $6.8m $6.8m 1.31% Added +2.0m +2,000,000
30 Amundi 0.00% of their portfolio Paris, I0 5,917,0005.9m $5.7m $5.7m 0.00% Reduced -6.0m -6,000,000
31 RATIONAL ADVISORS, INC. 0.57% of their portfolio San Juan, PR 5,820,0005.8m $5.6m $5.6m 0.57% Unchanged
32 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.17% of their portfolio CHICAGO, IL 5,719,0005.7m $5.4m $5.4m 0.17% Reduced -281.0k -281,000
33 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,120,0005.1m $5.0m $5.0m 0.00% Added +1.3m +1,273,000
34 Sonora Investment Management Group, LLC 0.40% of their portfolio TUCSON, AZ 5,103,0005.1m $4.9m $4.9m 0.40% Reduced -170.0k -170,000
35 Mint Tower Capital Management B.V. 1.53% of their portfolio AMSTERDAM, P7 5,100,0005.1m $4.9m $4.9m 1.53% New
36 Crystalline Management Inc. 6.15% of their portfolio Montreal, Quebec, Z4 5,000,0005.0m $4.9m $4.9m 6.15% New
37 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 4,532,0004.5m $4.4m $4.4m 0.01% Added +1.2m +1,199,000
38 NorthCoast Asset Management LLC 0.07% of their portfolio STAMFORD, CT 4,395,0004.4m $4.3m $4.3m 0.07% Reduced -30.0k -30,000
39 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 4,207,0004.2m $4.1m $4.1m 0.01% Reduced -4.2m -4,171,000
40 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 3,850,0003.9m $3.7m $3.7m 0.00% Reduced -2.5m -2,470,000
41 Nicholas Investment Partners, LP 0.43% of their portfolio RANCHO SANTA FE, CA 3,815,0003.8m $3.7m $3.7m 0.43% Unchanged
42 BARDIN HILL MANAGEMENT PARTNERS LP 1.57% of their portfolio NEW YORK, NY 3,740,0003.7m $3.6m $3.6m 1.57% New
43 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 3,500,0003.5m $3.4m $3.4m 0.00% Unchanged
44 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 2,986,0003.0m $2.9m $2.9m 0.00% Unchanged
45 ZAZOVE ASSOCIATES LLC 0.24% of their portfolio INCLINE VILLAGE, NV 2,000,0002.0m $1.9m $1.9m 0.24% Unchanged
46 GROUPAMA ASSET MANAGMENT 0.05% of their portfolio PARIS, I0 2,000,0002.0m $1.9m $1.9m 0.05% First filing
47 GLAZER CAPITAL, LLC 0.20% of their portfolio New York, NY 2,000,0002.0m $1.9m $1.9m 0.20% Unchanged
48 SSI INVESTMENT MANAGEMENT LLC 0.11% of their portfolio Los Angeles, CA 1,500,0001.5m $1.5m $1.5m 0.11% New
49 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,256,0001.3m $1.2m $1.2m 0.00% Added +1.2m +1,201,000
50 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,145,0001.1m $1.1m $1.1m 0.00% Unchanged
51 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,088,0001.1m $1.1m $1.1m 0.00% Unchanged
52 Man Group plc 0.00% of their portfolio LONDON, X0 980,000980.0k $951.1k $951.1k 0.00% Unchanged
53 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 700,000700.0k $679.4k $679.4k 0.00% Unchanged
54 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 669,000669.0k $649.1k $649.1k 0.00% Reduced -11.3m -11,331,000
55 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 575,000575.0k $556.9k $556.9k 0.00% New
56 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 520,000520.0k $503.2k $503.2k 0.01% Added +20.0k +20,000
57 Clearstead Advisors, LLC 0.02% of their portfolio CLEVELAND, OH 330,000330.0k $319.7k $319.7k 0.02% Reduced -330.0k -330,000
58 INGALLS & SNYDER LLC 0.01% of their portfolio NEW YORK, NY 250,000250.0k $242.0k $242.0k 0.01% Reduced -35.0k -35,000
59 LOOMIS SAYLES & CO L P 0.04% of their portfolio BOSTON, MA 165,817165.8k $25.3m $25.3m 0.04% Reduced -4.3k -4,308
60 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 145,000145.0k $140.0k $140.0k 0.00% Unchanged
61 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 116,000116.0k $112.3k $112.3k 0.00% New
62 Evolution Wealth Advisors, LLC 0.01% of their portfolio AVENTURA, FL 44,00044.0k $42.4k $42.4k 0.01% Unchanged
63 Virtus Investment Advisers, LLC 0.03% of their portfolio HARTFORD, CT 43,00043.0k $41.6k $41.6k 0.03% New
64 Clarity Capital Partners LLC 0.02% of their portfolio Newport Beach, CA 35,00035.0k $33.9k $33.9k 0.02% First filing
65 waypoint wealth counsel 0.02% of their portfolio ATLANTA, GA 21,00021.0k $20.3k $20.3k 0.02% Unchanged
66 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 19,00019.0k $18.4k $18.4k 0.00% Reduced -603.0k -603,000
67 INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.00% of their portfolio Fort Collins, CO 15,00015.0k $14.5k $14.5k 0.00% New
68 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 10,00010.0k $10.0k $10.0k 0.00% Unchanged
69 AlphaQ Advisors LLC 0.01% of their portfolio Winter Park, FL 10,00010.0k $9.6k $9.6k 0.01% Unchanged
70 K2 PRINCIPAL FUND, L.P. 2.14% of their portfolio TORONTO, A6 9,4159.4k $9.1m $9.1m 2.14% Added +2.0k +2,000
71 BFSG, LLC 0.00% of their portfolio IRVINE, CA 7,0007.0k $6.8k $6.8k 0.00% New
72 NOMURA HOLDINGS INC 0.01% of their portfolio TOKYO, M0 5,8755.9k $895.0k $895.0k 0.01% New
73 OFI INVEST ASSET MANAGEMENT 0.17% of their portfolio ISSY LES MOULINEAUX, I0 5,1005.1k $5.0m $5.0m 0.17% Reduced -1.5k -1,500
74 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 5,0005.0k $4.8k $4.8k 0.00% New
75 Candriam S.C.A. 0.03% of their portfolio STRASSEN, N4 4,0004.0k $3.9m $3.9m 0.03% Unchanged
76 Verition Fund Management LLC 0.03% of their portfolio GREENWICH, CT 3,0003.0k $2.9m $2.9m 0.03% New
77 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 2020 $1.9k $1.9k 0.00% Unchanged
78 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged