Vault-13

STRIDE INC LRN 1.125 09.01.27

NOTE 1.125% 9/0 · US DOMESTIC · CUSIP 86333MAA6

49 institutional holders +5 vs Q1 2023
9,271,3049.3m shares reported held*
$374.1mreported value*
11 new 11 added 7 reduced 7 sold out net sold ≈ $422.5k (+2.0m 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 ≈ $40.35.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 54Q4 22: 53Q1 23: 44Q2 23: 4949Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202254
Q4 202253
Q1 202344
Q2 202349

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 23 bought or addedQ4 22: 19 cut or sold outQ4 22Q1 23: 13 bought or addedQ1 23: 21 cut or sold outQ1 23Q2 23: 22 bought or addedQ2 23: 14 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222319
Q1 20231321
Q2 20232214

Biggest buyers

MILLENNIUM MANAGEMENT LLC New +17,000,000+17.0m
Linden Advisors LP Added +16,264,000+16.3m
CAMDEN ASSET MANAGEMENT L P /CA Added +15,500,000+15.5m
Man Group plc Added +9,500,000+9.5m
WOLVERINE ASSET MANAGEMENT LLC New +7,035,000+7.0m
BANK OF AMERICA CORP /DE/ New +4,138,000+4.1m
CSS LLC/IL New +3,500,000+3.5m
Castle Creek Arbitrage, LLC Added +3,000,000+3.0m
ABSOLUTE INVESTMENT ADVISERS, LLC Added +2,750,000+2.8m
ZAZOVE ASSOCIATES LLC Added +2,470,000+2.5m

Biggest sellers

BlackRock Inc. Reduced -32,880,000-32.9m
Wellesley Asset Management Reduced -25,982,329-26.0m
VOYA INVESTMENT MANAGEMENT LLC Reduced -14,320,000-14.3m
DEUTSCHE BANK AG\ Sold out -5,271,000-5.3m
TENOR CAPITAL MANAGEMENT Co., L.P. Sold out -5,000,000-5.0m
WELLS FARGO & COMPANY/MN Reduced -1,462,000-1.5m
MACQUARIE GROUP LTD Sold out -1,200,000-1.2m
JANE STREET GROUP, LLC Sold out -800,000-800.0k
AQR Arbitrage LLC Reduced -350,000-350.0k
SSI INVESTMENT MANAGEMENT LLC Reduced -343,000-343.0k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.64% of their portfolio New York, NY 63,053,00063.1m $60.5m $60.5m 0.64% Added +16.3m +16,264,000
2 CAMDEN ASSET MANAGEMENT L P /CA 2.03% of their portfolio Los Angeles, CA 61,221,00061.2m $58.5m $58.5m 2.03% Added +15.5m +15,500,000
3 Wellesley Asset Management 2.88% of their portfolio PORTSMOUTH, NH 36,766,98736.8m $35.4m $35.4m 2.88% Reduced -26.0m -25,982,329
4 VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio ATLANTA, GA 30,080,00030.1m $28.9m $28.9m 0.03% Reduced -14.3m -14,320,000
5 AQR Arbitrage LLC 0.86% of their portfolio Greenwich, CT 20,635,00020.6m $19.8m $19.8m 0.86% Reduced -350.0k -350,000
6 Man Group plc 0.06% of their portfolio LONDON, X0 20,511,00020.5m $19.7m $19.7m 0.06% Added +9.5m +9,500,000
7 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 17,000,00017.0m $16.3m $16.3m 0.02% New
8 Calamos Advisors LLC 0.08% of their portfolio NAPERVILLE, IL 16,030,00016.0m $15.4m $15.4m 0.08% Unchanged
9 Castle Creek Arbitrage, LLC 1.58% of their portfolio AVON, CO 13,250,00013.2m $12.7m $12.7m 1.58% Added +3.0m +3,000,000
10 SHENKMAN CAPITAL MANAGEMENT INC 0.85% of their portfolio NEW YORK, NY 11,354,00011.4m $10.9m $10.9m 0.85% Added +2.1m +2,061,000
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 10,228,00010.2m $9.8m $9.8m 0.00% Added +1.6m +1,600,000
12 M&G INVESTMENT MANAGEMENT LTD 0.05% of their portfolio London, X0 9,495,0009.5m $9.1m $9.1m 0.05% Unchanged
13 ABSOLUTE INVESTMENT ADVISERS, LLC 1.14% of their portfolio ROSEMARY BEACH, FL 8,465,0008.5m $8.1m $8.1m 1.14% Added +2.8m +2,750,000
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 7,600,0007.6m $7.3m $7.3m 0.00% Added +98.0k +98,000
15 WOLVERINE ASSET MANAGEMENT LLC 0.13% of their portfolio CHICAGO, IL 7,035,0007.0m $6.8m $6.8m 0.13% New
16 GABELLI FUNDS LLC 0.05% of their portfolio Rye, NY 6,350,0006.3m $6.1m $6.1m 0.05% Unchanged
17 SSI INVESTMENT MANAGEMENT LLC 0.41% of their portfolio Los Angeles, CA 6,092,0006.1m $5.8m $5.8m 0.41% Reduced -343.0k -343,000
18 ZAZOVE ASSOCIATES LLC 0.53% of their portfolio INCLINE VILLAGE, NV 6,092,0006.1m $5.9m $5.9m 0.53% Added +2.5m +2,470,000
19 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 5,000,0005.0m $4.8m $4.8m 0.00% Unchanged
20 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 4,138,0004.1m $4.0m $4.0m 0.00% New
21 CSS LLC/IL 0.26% of their portfolio CHICAGO, IL 3,500,0003.5m $3.4m $3.4m 0.26% New
22 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,582,0002.6m $2.5m $2.5m 0.00% Reduced -1.5m -1,462,000
23 BlackRock Inc. 0.00% of their portfolio New York, NY 2,392,0002.4m $2.3m $2.3m 0.00% Reduced -32.9m -32,880,000
24 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,323,0002.3m $2.2m $2.2m 0.00% New
25 KORNITZER CAPITAL MANAGEMENT INC /KS 0.04% of their portfolio SHAWNEE MISSION, KS 2,000,0002.0m $1.9m $1.9m 0.04% Unchanged
26 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 875,000875.0k $836.7k $836.7k 0.00% Unchanged
27 Teton Advisors, Inc. 0.16% of their portfolio Rye, NY 600,000600.0k $577.3k $577.3k 0.16% Reduced -250.0k -250,000
28 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 400,000400.0k $383.8k $383.8k 0.00% Unchanged
29 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 300,000300.0k $288.7k $288.7k 0.00% Unchanged
30 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 168,000168.0k $163.3k $163.3k 0.00% New
31 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 151,000151.0k $145.1k $145.1k 0.00% Added +75.0k +75,000
32 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 122,000122.0k $116.7k $116.7k 0.00% Unchanged
33 Cetera Advisors LLC 0.00% of their portfolio DENVER, CO 122,000122.0k $116.7k $116.7k 0.00% Unchanged
34 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 105,000105.0k $100.4k $100.4k 0.00% Unchanged
35 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 57,00057.0k $55.0k $55.0k 0.00% Added +10.0k +10,000
36 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 49,00049.0k $46.9k $46.9k 0.00% Unchanged
37 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 45,00045.0k $43.5k $43.5k 0.00% New
38 SFMG, LLC 0.00% of their portfolio PLANO, TX 35,00035.0k $33.7k $33.7k 0.00% Unchanged
39 Mariner, LLC 0.00% of their portfolio Overland Park, KS 18,00018.0k $17.3k $17.3k 0.00% Unchanged
40 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 13,00013.0k $12.4k $12.4k 0.00% Unchanged
41 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 11,00011.0k $11.0k $11.0k 0.00% Unchanged
42 Boussard & Gavaudan Investment Management LLP 0.87% of their portfolio London, X0 9,3969.4k $9.1m $9.1m 0.87% New
43 Context Capital Management, LLC 0.26% of their portfolio LAJOLLA, CA 3,0003.0k $2.9m $2.9m 0.26% New
44 NATIXIS 0.00% of their portfolio PARIS, I0 604604 $579.2k $579.2k 0.00% New
45 Intellectus Partners, LLC 0.07% of their portfolio SAN FRANCISCO, CA 253253 $242.9k $242.9k 0.07% New
46 Rehmann Capital Advisory Group 0.00% of their portfolio LANSING, MI 4949 $46.9k $46.9k 0.00% Unchanged
47 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3737 $35.4k $35.4k 0.00% Unchanged
48 COMERICA BANK 0.00% of their portfolio DALLAS, TX 22 $0 $0 0.00% First filing
49 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged