Vault-13

STARWOOD PPTY TR INC STWD 4.375 04.01.23

NOTE 4.375% 4/0 · US DOMESTIC · CUSIP 85571BAH8

53 institutional holders +5 vs Q3 2022
13,299,30013.3m shares reported held*
$243.8mreported value*
11 new 10 added 7 reduced 6 sold out net bought ≈ $17.1m (-8.4m 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 ≈ $18.33.

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 48Q4 22: 5353Q3 22Q4 22
Numbers
QuarterHolders
Q3 202248
Q4 202253

Biggest buyers

LORD, ABBETT & CO. LLC Added +10,442,000+10.4m
Ensign Peak Advisors, Inc New +10,000,000+10.0m
OAKTREE CAPITAL MANAGEMENT LP Added +6,783,000+6.8m
PALISADE CAPITAL MANAGEMENT, LP New +5,516,000+5.5m
Centiva Capital, LP New +3,875,000+3.9m
Russell Investments Group, Ltd. Added +1,663,000+1.7m
SSI INVESTMENT MANAGEMENT LLC New +1,500,000+1.5m
JPMORGAN CHASE & CO Added +466,000+466.0k
Cutler Capital Management, LLC New +320,000+320.0k
CITIGROUP INC Added +246,000+246.0k

Biggest sellers

Walleye Capital LLC Sold out -14,000,000-14.0m
PALISADE CAPITAL MANAGEMENT, LP Sold out -5,786,000-5.8m
MIZUHO SECURITIES USA LLC Sold out -1,276,000-1.3m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -1,112,000-1.1m
PUTNAM INVESTMENTS LLC Sold out -748,000-748.0k
Thrivent Financial for Lutherans Reduced -310,000-310.0k
NEW YORK STATE COMMON RETIREMENT FUND Reduced -211,000-211.0k
Beck Bode, LLC Reduced -181,000-181.0k
ROYAL BANK OF CANADA Reduced -22,000-22.0k
Calamos Advisors LLC Reduced -7,000-7.0k

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Graham Capital Management, L.P. 1.66% of their portfolio ROWAYTON, CT 44,181,00044.2m $43.8m $43.8m 1.66% Unchanged
2 ADVENT CAPITAL MANAGEMENT /DE/ 0.43% of their portfolio NEW YORK, NY 25,000,00025.0m $24.4m $24.4m 0.43% Reduced -1.1m -1,112,000
3 OSTERWEIS CAPITAL MANAGEMENT INC 1.56% of their portfolio SAN FRANCISCO, CA 22,000,00022.0m $21.4m $21.4m 1.56% Unchanged
4 LORD, ABBETT & CO. LLC 0.04% of their portfolio JERSEY CITY, NJ 21,664,00021.7m $21.0m $21.0m 0.04% Added +10.4m +10,442,000
5 OAKTREE CAPITAL MANAGEMENT LP 0.21% of their portfolio LOS ANGELES, CA 20,063,00020.1m $19.5m $19.5m 0.21% Added +6.8m +6,783,000
6 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 17,385,00017.4m $16.9m $16.9m 0.00% Unchanged
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 11,910,00011.9m $11.7m $11.7m 0.00% Added +466.0k +466,000
8 Ensign Peak Advisors, Inc 0.02% of their portfolio SALT LAKE CITY, UT 10,000,00010.0m $9.7m $9.7m 0.02% New
9 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 7,457,0007.5m $7.2m $7.2m 0.02% Reduced -310.0k -310,000
10 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 7,074,0007.1m $6.9m $6.9m 0.01% Unchanged
11 PIPER SANDLER & CO. 6.67% of their portfolio MINNEAPOLIS, MN 6,639,0006.6m $6.4m $6.4m 6.67% Added +13.0k +13,000
12 CLOUGH CAPITAL PARTNERS L P 0.58% of their portfolio Boston, MA 5,815,0005.8m $5.7m $5.7m 0.58% Unchanged
13 PALISADE CAPITAL MANAGEMENT, LP 0.15% of their portfolio FORT LEE, NJ 5,516,0005.5m $5.5m $5.5m 0.15% New
14 SHENKMAN CAPITAL MANAGEMENT INC 0.34% of their portfolio NEW YORK, NY 5,484,0005.5m $5.4m $5.4m 0.34% Unchanged
15 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 4,745,0004.7m $4.6m $4.6m 0.01% Reduced -211.0k -211,000
16 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 4,732,0004.7m $4.7m $4.7m 0.01% Added +1.7m +1,663,000
17 CONNING INC. 0.15% of their portfolio HARTFORD, CT 4,600,0004.6m $4.5m $4.5m 0.15% Unchanged
18 Centiva Capital, LP 0.31% of their portfolio New York, NY 3,875,0003.9m $3.8m $3.8m 0.31% New
19 Amundi 0.00% of their portfolio Paris, I0 3,350,0003.4m $3.3m $3.3m 0.00% Unchanged
20 Lombard Odier Asset Management (Europe) Ltd 0.19% of their portfolio LONDON, X0 3,350,0003.4m $4.4m $4.4m 0.19% Unchanged
21 BlackRock Inc. 0.00% of their portfolio New York, NY 2,275,0002.3m $2.2m $2.2m 0.00% Added +100.0k +100,000
22 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 1,950,0001.9m $1.9m $1.9m 0.01% First filing
23 SSI INVESTMENT MANAGEMENT LLC 0.09% of their portfolio Los Angeles, CA 1,500,0001.5m $1.5m $1.5m 0.09% New
24 Calamos Advisors LLC 0.01% of their portfolio NAPERVILLE, IL 1,082,0001.1m $1.1m $1.1m 0.01% Reduced -7.0k -7,000
25 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 725,000725.0k $702.8k $702.8k 0.00% Unchanged
26 INCOME RESEARCH & MANAGEMENT 0.27% of their portfolio Boston, MA 580,000580.0k $562.2k $562.2k 0.27% Unchanged
27 RWC Asset Management LLP 0.02% of their portfolio LONDON, X0 500,000500.0k $492.5k $492.5k 0.02% Unchanged
28 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 500,000500.0k $492.0k $492.0k 0.00% Unchanged
29 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 363,000363.0k $351.9k $351.9k 0.00% Added +246.0k +246,000
30 Cutler Capital Management, LLC 0.13% of their portfolio WORCESTER, MA 320,000320.0k $310.2k $310.2k 0.13% New
31 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $198.8k $198.8k 0.00% Unchanged
32 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 179,000179.0k $175.7k $175.7k 0.00% Added +4.0k +4,000
33 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 139,000139.0k $134.7k $134.7k 0.00% New
34 LAKE STREET PRIVATE WEALTH, LLC 0.51% of their portfolio CHICAGO, IL 133,300133.3k $2.4m $2.4m 0.51% Added +47.4k +47,400
35 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 115,000115.0k $111.5k $111.5k 0.00% Reduced -3.0k -3,000
36 Beck Bode, LLC 0.02% of their portfolio DEDHAM, MA 70,00070.0k $68.6k $68.6k 0.02% Reduced -181.0k -181,000
37 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 50,00050.0k $49.0k $49.0k 0.00% New
38 BEACON INVESTMENT ADVISORS LLC 0.04% of their portfolio Gaithersburg, MD 46,00046.0k $44.6k $44.6k 0.04% First filing
39 TRUSTCORE FINANCIAL SERVICES, LLC 0.00% of their portfolio BRENTWOOD, TN 22,00022.0k $21.8k $21.8k 0.00% Unchanged
40 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 21,00021.0k $20.0k $20.0k 0.00% Unchanged
41 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 21,00021.0k $20.4k $20.4k 0.00% Unchanged
42 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 20,00020.0k $19.4k $19.4k 0.00% Added +18.0k +18,000
43 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 20,00020.0k $19.6k $19.6k 0.00% Unchanged
44 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 17,00017.0k $16.8k $16.8k 0.00% New
45 PATRON PARTNERS, LLC 0.01% of their portfolio HOUSTON, TX 14,00014.0k $13.7k $13.7k 0.01% Unchanged
46 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 13,00013.0k $13.0k $13.0k 0.00% Reduced -22.0k -22,000
47 Pallas Capital Advisors LLC 0.00% of their portfolio BRAINTREE, MA 11,00011.0k $11.0k $11.0k 0.00% New
48 Seelaus Asset Management LLC 0.01% of their portfolio CHATHAM, NJ 10,00010.0k $10.0k $10.0k 0.01% Unchanged
49 Quad-Cities Investment Group, LLC 0.01% of their portfolio DAVENPORT, IA 10,00010.0k $9.7k $9.7k 0.01% Unchanged
50 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 6,0006.0k $5.8k $5.8k 0.00% New
51 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 3,0003.0k $2.9k $2.9k 0.00% Unchanged
52 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 1,0001.0k $974 $974 0.00% New
53 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged