Vault-13

SQUARESPACE INC SQSP

CLASS A · Common Stock · CUSIP 85225A107 · ISIN US85225A1079

218 institutional holders +13 vs Q1 2024
62,773,82362.8m shares reported held*
$2.7bnreported value*
66 new 62 added 70 reduced 56 sold out net sold ≈ $133.9m (-3.1m 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 ($128.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $43.63. Options: 8 managers hold calls ($7.4m notional), 10 hold puts ($10.9m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 125Q4 22: 159Q1 23: 180Q2 23: 192Q3 23: 196Q4 23: 206Q1 24: 205Q2 24: 218218Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022125
Q4 2022159
Q1 2023180
Q2 2023192
Q3 2023196
Q4 2023206
Q1 2024205
Q2 2024218

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 83 bought or addedQ4 22: 58 cut or sold outQ4 22Q1 23: 116 bought or addedQ1 23: 63 cut or sold outQ2 23: 108 bought or addedQ2 23: 90 cut or sold outQ2 23Q3 23: 116 bought or addedQ3 23: 76 cut or sold outQ4 23: 121 bought or addedQ4 23: 74 cut or sold outQ4 23Q1 24: 112 bought or addedQ1 24: 96 cut or sold outQ2 24: 128 bought or addedQ2 24: 126 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20228358
Q1 202311663
Q2 202310890
Q3 202311676
Q4 202312174
Q1 202411296
Q2 2024128126

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 23 calls: $10.0mQ3 23 puts: $4.7mQ3 23P/C 0.47Q4 23 calls: $7.8mQ4 23 puts: $1.5mQ4 23P/C 0.20Q1 24 calls: $10.8mQ1 24 puts: $4.5mQ1 24P/C 0.42Q2 24 calls: $7.4mQ2 24 puts: $10.9mQ2 24P/C 1.47
Numbers
QuarterCallsPutsP/C
Q3 2023$10.0m$4.7m0.47
Q4 2023$7.8m$1.5m0.20
Q1 2024$10.8m$4.5m0.42
Q2 2024$7.4m$10.9m1.47

Biggest buyers

WELLINGTON MANAGEMENT GROUP LLP Added +2,583,468+2.6m
GLAZER CAPITAL, LLC New +2,205,041+2.2m
TIG Advisors, LLC New +1,126,570+1.1m
Balyasny Asset Management L.P. New +962,313+962.3k
WATER ISLAND CAPITAL LLC New +850,495+850.5k
NEUBERGER BERMAN GROUP LLC New +685,934+685.9k
GOLDMAN SACHS GROUP INC Added +573,121+573.1k
Qube Research & Technologies Ltd Added +567,316+567.3k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Added +454,963+455.0k
PICTON MAHONEY ASSET MANAGEMENT New +416,315+416.3k

Biggest sellers

MORGAN STANLEY Reduced -2,846,102-2.8m
ACADIAN ASSET MANAGEMENT LLC Sold out -1,637,361-1.6m
CITADEL ADVISORS LLC Reduced -1,481,453-1.5m
RIVERBRIDGE PARTNERS LLC Reduced -1,459,956-1.5m
MILLENNIUM MANAGEMENT LLC Reduced -1,452,012-1.5m
Kodai Capital Management LP Sold out -1,013,660-1.0m
JACOBS LEVY EQUITY MANAGEMENT, INC Sold out -953,961-954.0k
FIRST TRUST ADVISORS LP Reduced -692,410-692.4k
BARCLAYS PLC Reduced -563,536-563.5k
FEDERATED HERMES, INC. Sold out -531,400-531.4k

Biggest calls

CITADEL ADVISORS LLC Reduced $3.8m87.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.6m36.9k shares
SIMPLEX TRADING, LLC Added $1.3m30.3k shares
WOLVERINE TRADING, LLC New $261.8k6.0k shares
Parallax Volatility Advisers, L.P. New $244.3k5.6k shares
Walleye Capital LLC Added $148.3k3.4k shares
GROUP ONE TRADING LLC Reduced $4.4k100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.1m117.7k shares
SIMPLEX TRADING, LLC Added $2.8m63.3k shares
CITADEL ADVISORS LLC Added $2.1m48.2k shares
JANE STREET GROUP, LLC Added $397.0k9.1k shares
WOLVERINE TRADING, LLC Reduced $244.3k5.6k shares
Walleye Capital LLC Added $192.0k4.4k shares
GROUP ONE TRADING LLC Reduced $65.4k1.5k shares
Parallax Volatility Advisers, L.P. New $34.9k800 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
FNY Investment Advisers, LLC New $04 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WELLINGTON MANAGEMENT GROUP LLP 0.10% of their portfolio Boston, MA 12,204,89312.2m $532.5m $532.5m 0.10% Added +2.6m +2,583,468
2 GENERAL ATLANTIC, L.P. 14.56% of their portfolio New York, NY 10,611,07310.6m $463.0m $463.0m 14.56% Unchanged
3 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 6,746,0076.7m $294.3m $294.3m 0.01% Added +46.9k +46,943
4 BlackRock Inc. 0.00% of their portfolio New York, NY 4,761,3784.8m $207.7m $207.7m 0.00% Added +116.6k +116,629
5 GLAZER CAPITAL, LLC 7.46% of their portfolio New York, NY 2,205,0412.2m $96.2m $96.2m 7.46% New
6 RENAISSANCE TECHNOLOGIES LLC 0.13% of their portfolio NEW YORK, NY 1,769,9941.8m $77.2m $77.2m 0.13% Added +292.6k +292,600
7 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,258,2851.3m $54.9m $54.9m 0.00% Added +77.1k +77,135
8 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,233,3861.2m $53.8m $53.8m 0.00% Added +75.0k +75,021
9 TIG Advisors, LLC 4.05% of their portfolio New York, NY 1,126,5701.1m $49.2m $49.2m 4.05% New
10 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.16% of their portfolio JUPITER, FL 969,703969.7k $42.3m $42.3m 0.16% Added +455.0k +454,963
11 Balyasny Asset Management L.P. 0.11% of their portfolio Chicago, IL 962,313962.3k $42.0m $42.0m 0.11% New
12 WATER ISLAND CAPITAL LLC 3.92% of their portfolio NEW YORK, NY 850,495850.5k $37.1m $37.1m 3.92% New
13 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 836,214836.2k $36.5m $36.5m 0.01% Added +573.1k +573,121
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 825,426825.4k $36.0m $36.0m 0.00% Added +323.9k +323,868
15 RIVERBRIDGE PARTNERS LLC 0.47% of their portfolio MINNEAPOLIS, MN 795,495795.5k $34.7m $34.7m 0.47% Reduced -1.5m -1,459,956
16 NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio NEW YORK, NY 685,934685.9k $29.9m $29.9m 0.02% New
17 Qube Research & Technologies Ltd 0.06% of their portfolio LONDON, X0 683,666683.7k $29.8m $29.8m 0.06% Added +567.3k +567,316
18 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 648,385648.4k $28.3m $28.3m 0.03% Reduced -1.5m -1,481,453
19 Ararat Capital Management LP 8.55% of their portfolio WESTPORT, CT 638,278638.3k $27.8m $27.8m 8.55% Reduced -130.3k -130,347
20 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 623,666623.7k $27.2m $27.2m 0.01% Added +57.2k +57,177
21 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 590,939590.9k $25.8m $25.8m 0.00% Reduced -48.6k -48,635
22 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 441,480441.5k $19.3m $19.3m 0.00% Reduced -18.4k -18,379
23 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 428,819428.8k $18.7m $18.7m 0.01% Reduced -200.3k -200,266
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 419,080419.1k $18.3m $18.3m 0.00% Reduced -507.2k -507,230
25 PICTON MAHONEY ASSET MANAGEMENT 0.77% of their portfolio Toronto, A6 416,315416.3k $18.2m $18.2m 0.77% New
26 AQR Arbitrage LLC 0.44% of their portfolio Greenwich, CT 388,946388.9k $17.0m $17.0m 0.44% New
27 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 380,139380.1k $16.6m $16.6m 0.01% Reduced -1.5m -1,452,012
28 ALPINE ASSOCIATES MANAGEMENT INC. 0.69% of their portfolio PALM BEACH, FL 330,700330.7k $14.4m $14.4m 0.69% New
29 TWO SIGMA ADVISERS, LP 0.03% of their portfolio NEW YORK, NY 314,300314.3k $13.7m $13.7m 0.03% Reduced -227.7k -227,700
30 NORGES BANK 0.00% of their portfolio OSLO, Q8 308,400308.4k $13.5m $13.5m 0.00% Unchanged
31 GABELLI FUNDS LLC 0.10% of their portfolio Rye, NY 295,087295.1k $12.9m $12.9m 0.10% New
32 Fort Baker Capital Management LP 1.44% of their portfolio Larkspur, CA 279,000279.0k $12.2m $12.2m 1.44% New
33 GABELLI & Co INVESTMENT ADVISERS, INC. 1.93% of their portfolio Rye, NY 264,450264.4k $11.5m $11.5m 1.93% New
34 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 264,115264.1k $11.5m $11.5m 0.00% Reduced -2.8m -2,846,102
35 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 260,581260.6k $11.4m $11.4m 0.01% Reduced -11.6k -11,584
36 Shannon River Fund Management LLC 1.86% of their portfolio NEW YORK, NY 248,345248.3k $10.8m $10.8m 1.86% Added +47.7k +47,745
37 Samson Rock Capital LLP 7.65% of their portfolio LONDON, X0 236,513236.5k $10.3m $10.3m 7.65% New
38 HBK INVESTMENTS L P 0.24% of their portfolio DALLAS, TX 233,602233.6k $10.2m $10.2m 0.24% Not comparable
39 Sand Grove Capital Management LLP 2.90% of their portfolio LONDON, X0 227,248227.2k $9.9m $9.9m 2.90% New
40 UBS Group AG 0.00% of their portfolio ZURICH, V8 214,786214.8k $9.4m $9.4m 0.00% Added +81.8k +81,778
41 FIL Ltd 0.01% of their portfolio HAMILTON, D0 208,000208.0k $9.1m $9.1m 0.01% New
42 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 179,501179.5k $7.8m $7.8m 0.02% Reduced -169.3k -169,340
43 KRYGER CAPITAL Ltd 0.88% of their portfolio LONDON, X0 176,168176.2k $7.7m $7.7m 0.88% New
44 Polar Asset Management Partners Inc. 0.20% of their portfolio TORONTO, A6 175,000175.0k $7.6m $7.6m 0.20% New
45 Capula Management Ltd 0.08% of their portfolio Grand Cayman, E9 167,114167.1k $7.3m $7.3m 0.08% Not comparable
46 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 156,797156.8k $6.8m $6.8m 0.01% Reduced -173.2k -173,174
47 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 154,857154.9k $6.8m $6.8m 0.01% Reduced -2.6k -2,586
48 OVERSEA-CHINESE BANKING Corp Ltd 0.19% of their portfolio SINGAPORE, U0 141,425141.4k $6.2m $6.2m 0.19% Added +34.0k +33,955
49 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 127,609127.6k $5.6m $5.6m 0.00% Added +64.5k +64,452
50 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.13% of their portfolio HOUSTON, TX 125,200125.2k $5.5m $5.5m 0.13% Reduced -57.9k -57,900
51 Swiss National Bank 0.00% of their portfolio ZURICH, V8 122,200122.2k $5.3m $5.3m 0.00% Added +18.0k +18,000
52 Jasper Ridge Partners, L.P. 0.17% of their portfolio MENLO PARK, CA 121,206121.2k $5.3m $5.3m 0.17% Unchanged
53 Vestcor Inc 0.18% of their portfolio FREDERICTON, A3 120,000120.0k $5.2m $5.2m 0.18% New
54 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 112,150112.2k $4.9m $4.9m 0.00% Added +89.0k +89,024
55 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 110,274110.3k $4.8m $4.8m 0.01% Reduced -85.7k -85,695
56 Atom Investors LP 0.48% of their portfolio AUSTIN, TX 110,034110.0k $4.8m $4.8m 0.48% Added +103.2k +103,245
57 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 108,325108.3k $4.7m $4.7m 0.01% Added +57.0k +56,958
58 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 107,000107.0k $4.7m $4.7m 0.01% New
59 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 105,114105.1k $4.6m $4.6m 0.00% Reduced -45.2k -45,171
60 Boussard & Gavaudan Investment Management LLP 0.72% of their portfolio London, X0 103,888103.9k $4.5m $4.5m 0.72% New
61 Engineers Gate Manager LP 0.10% of their portfolio NEW YORK, NY 101,502101.5k $4.4m $4.4m 0.10% Reduced -17.2k -17,168
62 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 98,05898.1k $4.3m $4.3m 0.00% Reduced -219 -219
63 Alberta Investment Management Corp 0.05% of their portfolio EDMONTON, A0 97,83497.8k $4.3m $4.3m 0.05% New
64 ClearAlpha Technologies LP 1.61% of their portfolio Greenwich, CT 93,54193.5k $4.1m $4.1m 1.61% New
65 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 91,11791.1k $4.0m $4.0m 0.00% Added +4.7k +4,712
66 NEXPOINT ASSET MANAGEMENT, L.P. 0.48% of their portfolio Dallas, TX 82,79582.8k $3.6m $3.6m 0.48% New
67 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 82,55982.6k $3.6m $3.6m 0.01% Reduced -166.4k -166,379
68 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio Boston, MA 80,55880.6k $3.5m $3.5m 0.01% New
69 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 73,58073.6k $3.2m $3.2m 0.00% Reduced -19.1k -19,115
70 Trexquant Investment LP 0.05% of their portfolio STAMFORD, CT 69,90369.9k $3.0m $3.0m 0.05% Reduced -56.7k -56,697
71 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 69,28369.3k $3.0m $3.0m 0.00% Reduced -259.7k -259,745
72 NATIXIS 0.02% of their portfolio PARIS, I0 68,00068.0k $3.0m $3.0m 0.02% New
73 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 64,45064.5k $2.8m $2.8m 0.00% Added +39.0k +39,004
74 Legal & General Group Plc 0.00% of their portfolio London, X0 64,31364.3k $2.8m $2.8m 0.00% Added +10.9k +10,855
75 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 62,74662.7k $2.7m $2.7m 0.00% Reduced -692.4k -692,410
76 Walleye Capital LLC 0.03% of their portfolio NEW YORK, NY 61,33461.3k $2.7m $2.7m 0.03% Added +56.2k +56,193
77 Centiva Capital, LP 0.13% of their portfolio New York, NY 61,04161.0k $2.7m $2.7m 0.13% Added +54.2k +54,151
78 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 60,61760.6k $2.6m $2.6m 0.00% Added +7.2k +7,199
79 HARVEST MANAGEMENT LLC 2.10% of their portfolio New York, NY 58,90058.9k $2.6m $2.6m 2.10% New
80 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.02% of their portfolio FRANKFORT, KY 53,52753.5k $2.3m $2.3m 0.02% Unchanged
81 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 49,56149.6k $2.2m $2.2m 0.00% Added +6.1k +6,114
82 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 46,96747.0k $2.0m $2.0m 0.00% Added +7.6k +7,606
83 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 42,66742.7k $1.9m $1.9m 0.01% New
84 OPPENHEIMER ASSET MANAGEMENT INC. 0.02% of their portfolio NEW YORK, NY 41,58841.6k $1.8m $1.8m 0.02% Reduced -15.5k -15,508
85 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 41,22741.2k $1.8m $1.8m 0.00% Added +847 +847
86 Abacus FCF Advisors LLC 0.43% of their portfolio Orlando, FL 39,27139.3k $1.7m $1.7m 0.43% Added +11.9k +11,862
87 PRELUDE CAPITAL MANAGEMENT, LLC 0.13% of their portfolio NEW YORK, NY 35,71835.7k $1.6m $1.6m 0.13% New
88 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 35,17035.2k $1.5m $1.5m 0.01% Added +5.9k +5,923
89 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 34,79334.8k $1.5m $1.5m 0.00% Added +3.1k +3,119
90 ALGERT GLOBAL LLC 0.05% of their portfolio SAN FRANCISCO, CA 34,35334.4k $1.5m $1.5m 0.05% Reduced -32.7k -32,727
91 BARDIN HILL MANAGEMENT PARTNERS LP 0.80% of their portfolio NEW YORK, NY 33,88533.9k $1.5m $1.5m 0.80% New
92 Corebridge Financial, Inc. 0.01% of their portfolio HOUSTON, TX 32,67032.7k $1.4m $1.4m 0.01% First filing
93 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 30,47130.5k $1.3m $1.3m 0.00% Reduced -111.1k -111,074
94 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 29,28629.3k $1.3m $1.3m 0.00% First filing
95 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 28,08228.1k $1.2m $1.2m 0.00% Reduced -294 -294
96 TRUST POINT INC. 0.09% of their portfolio LA CROSSE, WI 26,90426.9k $1.2m $1.2m 0.09% Added +499 +499
97 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 26,64126.6k $1.2m $1.2m 0.00% Reduced -107.1k -107,147
98 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 26,63426.6k $1.2m $1.2m 0.00% Reduced -63.9k -63,897
99 OXFORD ASSET MANAGEMENT LLP 1.13% of their portfolio OXFORD, X0 26,24226.2k $1.1m $1.1m 1.13% Not comparable
100 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 25,81425.8k $1.1m $1.1m 0.00% Reduced -1.7k -1,677