Vault-13

TYLER TEX INDPT SCH DIST TYL 0.25 03.15.26

NOTE 0.250% 3/1 · US DOMESTIC · CUSIP 902252AB1

70 institutional holders +0 vs Q4 2024
10,019,12610.0m shares reported held*
$704.1mreported value*
10 new 16 added 25 reduced 10 sold out net bought ≈ $48.9m (-4.3m 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 ≈ $70.28.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 49Q4 22: 50Q1 23: 54Q2 23: 56Q3 23: 55Q4 23: 58Q1 24: 59Q2 24: 65Q3 24: 61Q4 24: 70Q1 25: 7070Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202249
Q4 202250
Q1 202354
Q2 202356
Q3 202355
Q4 202358
Q1 202459
Q2 202465
Q3 202461
Q4 202470
Q1 202570

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 23: 20 bought or addedQ2 23: 26 cut or sold outQ3 23: 19 bought or addedQ3 23: 27 cut or sold outQ3 23Q4 23: 22 bought or addedQ4 23: 18 cut or sold outQ1 24: 17 bought or addedQ1 24: 26 cut or sold outQ1 24Q2 24: 21 bought or addedQ2 24: 30 cut or sold outQ3 24: 23 bought or addedQ3 24: 31 cut or sold outQ3 24Q4 24: 28 bought or addedQ4 24: 26 cut or sold outQ1 25: 26 bought or addedQ1 25: 35 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20232026
Q3 20231927
Q4 20232218
Q1 20241726
Q2 20242130
Q3 20242331
Q4 20242826
Q1 20252635

Biggest buyers

VOYA INVESTMENT MANAGEMENT LLC Added +37,650,000+37.6m
MILLENNIUM MANAGEMENT LLC Added +27,242,000+27.2m
DLD Asset Management, LP Added +12,500,000+12.5m
SILVERBACK ASSET MANAGEMENT LLC Added +11,700,000+11.7m
ADVENT CAPITAL MANAGEMENT /DE/ New +11,100,000+11.1m
BANK OF AMERICA CORP /DE/ Added +9,786,000+9.8m
CAPSTONE INVESTMENT ADVISORS, LLC New +8,651,000+8.7m
ZAZOVE ASSOCIATES LLC Added +8,460,000+8.5m
Brevan Howard Capital Management LP New +6,000,000+6.0m
WHITEBOX ADVISORS LLC Added +5,335,000+5.3m

Biggest sellers

BlackRock, Inc. Reduced -32,830,000-32.8m
LAZARD ASSET MANAGEMENT LLC Reduced -19,122,000-19.1m
LORD, ABBETT & CO. LLC Reduced -9,265,000-9.3m
FMR LLC Reduced -8,531,000-8.5m
OSTERWEIS CAPITAL MANAGEMENT INC Sold out -7,000,000-7.0m
Universal- Beteiligungs- und Servicegesellschaft mbH Reduced -5,633,000-5.6m
JPMORGAN CHASE & CO Reduced -3,573,000-3.6m
RATIONAL ADVISORS, INC. Reduced -3,420,000-3.4m
SHENKMAN CAPITAL MANAGEMENT INC Reduced -2,688,000-2.7m
PALISADE CAPITAL MANAGEMENT, LP Reduced -2,321,000-2.3m

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio ATLANTA, GA 62,540,00062.5m $76.5m $76.5m 0.04% Added +37.6m +37,650,000
2 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 39,242,00039.2m $47.8m $47.8m 0.05% Added +27.2m +27,242,000
3 LAZARD ASSET MANAGEMENT LLC 0.07% of their portfolio NEW YORK, NY 39,177,00039.2m $47.9m $47.9m 0.07% Reduced -19.1m -19,122,000
4 ZAZOVE ASSOCIATES LLC 3.40% of their portfolio INCLINE VILLAGE, NV 32,645,00032.6m $39.7m $39.7m 3.40% Added +8.5m +8,460,000
5 MacKay Shields LLC 1.22% of their portfolio New York, NY 31,006,00031.0m $37.9m $37.9m 1.22% Unchanged
6 Opti Capital Management, LP 2.19% of their portfolio New York, NY 29,285,00029.3m $35.8m $35.8m 2.19% Unchanged
7 Calamos Advisors LLC 0.15% of their portfolio NAPERVILLE, IL 25,357,00025.4m $30.8m $30.8m 0.15% Added +119.0k +119,000
8 SILVERBACK ASSET MANAGEMENT LLC 4.75% of their portfolio DURHAM, NC 23,994,00024.0m $29.3m $29.3m 4.75% Added +11.7m +11,700,000
9 WHITEBOX ADVISORS LLC 0.96% of their portfolio MINNEAPOLIS, MN 23,859,00023.9m $29.1m $29.1m 0.96% Added +5.3m +5,335,000
10 DLD Asset Management, LP 3.98% of their portfolio NEW YORK, NY 22,500,00022.5m $27.5m $27.5m 3.98% Added +12.5m +12,500,000
11 FMR LLC 0.00% of their portfolio BOSTON, MA 18,696,00018.7m $22.8m $22.8m 0.00% Reduced -8.5m -8,531,000
12 Universal- Beteiligungs- und Servicegesellschaft mbH 0.04% of their portfolio FRANKFURT AM MAIN, 2M 16,502,00016.5m $20.1m $20.1m 0.04% Reduced -5.6m -5,633,000
13 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 15,371,00015.4m $18.7m $18.7m 0.00% Added +9.8m +9,786,000
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 14,111,00014.1m $17.2m $17.2m 0.00% Reduced -3.6m -3,573,000
15 PIER 88 INVESTMENT PARTNERS LLC 2.79% of their portfolio SAN FRANCISCO, CA 11,954,00012.0m $14.6m $14.6m 2.79% Reduced -2.0m -2,040,000
16 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,632,00011.6m $14.1m $14.1m 0.00% Reduced -2.0m -2,000,000
17 ADVENT CAPITAL MANAGEMENT /DE/ 0.31% of their portfolio NEW YORK, NY 11,100,00011.1m $13.6m $13.6m 0.31% New
18 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 10,805,00010.8m $13.2m $13.2m 0.00% Unchanged
19 SHENKMAN CAPITAL MANAGEMENT INC 1.26% of their portfolio NEW YORK, NY 9,915,0009.9m $12.4m $12.4m 1.26% Reduced -2.7m -2,688,000
20 LORD, ABBETT & CO. LLC 0.04% of their portfolio JERSEY CITY, NJ 9,344,0009.3m $11.4m $11.4m 0.04% Reduced -9.3m -9,265,000
21 CAPSTONE INVESTMENT ADVISORS, LLC 0.10% of their portfolio NEW YORK, NY 8,651,0008.7m $10.6m $10.6m 0.10% New
22 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 7,900,0007.9m $9.6m $9.6m 0.01% Unchanged
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 7,860,0007.9m $9.6m $9.6m 0.00% Reduced -1.8m -1,814,000
24 SSI INVESTMENT MANAGEMENT LLC 0.66% of their portfolio Los Angeles, CA 7,004,0007.0m $8.5m $8.5m 0.66% Reduced -390.0k -390,000
25 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 6,759,0006.8m $8.2m $8.2m 0.00% Reduced -2.3m -2,272,000
26 Warberg Asset Management LLC 2.19% of their portfolio WINNETKA, IL 6,556,0006.6m $8.0m $8.0m 2.19% Added +4.5m +4,483,000
27 BlackRock, Inc. 0.00% of their portfolio New York, NY 6,165,0006.2m $7.5m $7.5m 0.00% Reduced -32.8m -32,830,000
28 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 6,004,0006.0m $7.3m $7.3m 0.01% Added +153.0k +153,000
29 Brevan Howard Capital Management LP 0.20% of their portfolio ST. HELIER, Y9 6,000,0006.0m $7.2m $7.2m 0.20% New
30 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 5,014,0005.0m $6.1m $6.1m 0.00% Reduced -2.0m -1,998,000
31 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 4,599,9994.6m $5.6m $5.6m 0.01% Reduced -1 -1
32 RATIONAL ADVISORS, INC. 0.41% of their portfolio San Juan, PR 3,320,0003.3m $4.0m $4.0m 0.41% Reduced -3.4m -3,420,000
33 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 3,000,0003.0m $3.7m $3.7m 0.00% Unchanged
34 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 2,500,0002.5m $3.0m $3.0m 0.00% New
35 WESTWOOD HOLDINGS GROUP INC 0.02% of their portfolio DALLAS, TX 2,500,0002.5m $3.0m $3.0m 0.02% Added +500.0k +500,000
36 PALISADE CAPITAL MANAGEMENT, LP 0.09% of their portfolio FORT LEE, NJ 2,466,0002.5m $3.0m $3.0m 0.09% Reduced -2.3m -2,321,000
37 Union Bancaire Privee, UBP SA 0.05% of their portfolio GENEVA 1, V8 2,205,0002.2m $2.4m $2.4m 0.05% Added +700.0k +700,000
38 Jefferies Financial Group Inc. 0.04% of their portfolio NEW YORK, NY 2,098,0002.1m $2.6m $2.6m 0.04% Added +1.8m +1,845,000
39 SUSQUEHANNA ADVISORS GROUP, INC. 0.00% of their portfolio BALA CYNWYD, PA 2,000,0002.0m $24.4k $24.4k 0.00% New
40 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 1,725,0001.7m $2.1m $2.1m 0.01% Unchanged
41 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 1,500,0001.5m $1.8m $1.8m 0.00% Unchanged
42 Ameritas Investment Partners, Inc. 0.06% of their portfolio LINCOLN, NE 1,500,0001.5m $1.8m $1.8m 0.06% Unchanged
43 Quaero Capital S.A. 2.60% of their portfolio GENEVE, V8 1,500,0001.5m $1.8m $1.8m 2.60% Unchanged
44 Man Group plc 0.01% of their portfolio LONDON, X0 1,410,0001.4m $1.7m $1.7m 0.01% Unchanged
45 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,095,0001.1m $1.3m $1.3m 0.00% Unchanged
46 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,001,0001.0m $1.2m $1.2m 0.00% Reduced -155.0k -155,000
47 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 503,000503.0k $612.9k $612.9k 0.00% First filing
48 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 500,000500.0k $610.3k $610.3k 0.00% Added +300.0k +300,000
49 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $366.0k $366.0k 0.00% Reduced -750.0k -750,000
50 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 299,000299.0k $363.5k $363.5k 0.00% Reduced -214.0k -214,000
51 Calamos Wealth Management LLC 0.02% of their portfolio NAPERVILLE, IL 269,000269.0k $327.0k $327.0k 0.02% Reduced -6.0k -6,000
52 Central Pacific Bank - Trust Division 0.04% of their portfolio HONOLULU, HI 258,000258.0k $314.4k $314.4k 0.04% Unchanged
53 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 257,000257.0k $313.1k $313.1k 0.00% Unchanged
54 KBC Group NV 0.00% of their portfolio Brussels, C9 200,000200.0k $243.0k $243.0k 0.00% Unchanged
55 ABN AMRO INVESTMENT SOLUTIONS 0.01% of their portfolio PARIS CEDEX 008, I0 200,000200.0k $244.7k $244.7k 0.01% Reduced -300.0k -300,000
56 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 150,000150.0k $182.8k $182.8k 0.00% Reduced -905.0k -905,000
57 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 70,00070.0k $85.3k $85.3k 0.00% Unchanged
58 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 17,00017.0k $20.7k $20.7k 0.00% New
59 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 16,00016.0k $19.5k $19.5k 0.00% Added +4.0k +4,000
60 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 11,00011.0k $13.4k $13.4k 0.00% New
61 Colonial Trust Advisors 0.00% of their portfolio SPARTANBURG, SC 8,0008.0k $9.7k $9.7k 0.00% Unchanged
62 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 7,1807.2k $4.2m $4.2m 0.01% Reduced -3.2k -3,204
63 Boussard & Gavaudan Investment Management LLP 1.28% of their portfolio London, X0 6,7256.7k $8.1m $8.1m 1.28% New
64 NOMURA HOLDINGS INC 0.02% of their portfolio TOKYO, M0 6,2226.2k $3.6m $3.6m 0.02% New
65 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 6,0706.1k $735.0k $735.0k 0.00% Unchanged
66 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,0003.0k $3.7k $3.7k 0.00% Reduced -1.0k -1,000
67 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 3,0003.0k $3.0k $3.0k 0.00% Added +3.0k +2,987
68 Candriam S.C.A. 0.01% of their portfolio STRASSEN, N4 1,1001.1k $1.3m $1.3m 0.01% Reduced -450 -450
69 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged
70 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 00 $0 $0 0.00% New