Vault-13

VERINT SYSTEMS INC VRNT 0.25 04.15.26

NOTE 0.250% 4/1 · US DOMESTIC · CUSIP 92343XAC4

43 institutional holders +2 vs Q3 2022
46,650,00046.6m shares reported held*
$219.5mreported value*
9 new 13 added 4 reduced 6 sold out net bought ≈ $58.4m (+22.7m 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 ($936.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $4.73.

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 41Q4 22: 4343Q3 22Q4 22
Numbers
QuarterHolders
Q3 202241
Q4 202243

Biggest buyers

Linden Advisors LP New +27,500,000+27.5m
Opti Capital Management, LP Added +20,000,000+20.0m
Aequim Alternative Investments LP New +15,000,000+15.0m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +8,500,000+8.5m
ADVENT CAPITAL MANAGEMENT /DE/ Added +5,850,000+5.8m
DeepCurrents Investment Group LLC New +3,500,000+3.5m
MACQUARIE GROUP LTD New +3,050,000+3.0m
TORONTO DOMINION BANK Added +2,541,000+2.5m
BANK OF AMERICA CORP /DE/ Added +1,926,000+1.9m
WOLVERINE ASSET MANAGEMENT LLC New +1,500,000+1.5m

Biggest sellers

Aequim Alternative Investments LP Sold out -18,500,000-18.5m
WESTWOOD HOLDINGS GROUP INC Sold out -3,460,000-3.5m
CSS LLC/IL Sold out -2,686,000-2.7m
III Capital Management Sold out -2,500,000-2.5m
Noked Israel Ltd Sold out -1,000,000-1.0m
JPMORGAN CHASE & CO Reduced -973,000-973.0k
Bank of New York Mellon Corp Reduced -200,000-200.0k
JANE STREET GROUP, LLC Sold out -175,000-175.0k
Amundi Reduced -124,000-124.0k
Wellesley Asset Management Reduced -1,125-1.1k

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ADVENT CAPITAL MANAGEMENT /DE/ 0.45% of their portfolio NEW YORK, NY 29,000,00029.0m $25.4m $25.4m 0.45% Added +5.8m +5,850,000
2 Linden Advisors LP 0.25% of their portfolio New York, NY 27,500,00027.5m $24.0m $24.0m 0.25% New
3 SHENKMAN CAPITAL MANAGEMENT INC 1.25% of their portfolio NEW YORK, NY 23,044,00023.0m $20.1m $20.1m 1.25% Added +1.3m +1,283,000
4 Opti Capital Management, LP 1.70% of their portfolio New York, NY 22,500,00022.5m $19.7m $19.7m 1.70% Added +20.0m +20,000,000
5 TENOR CAPITAL MANAGEMENT Co., L.P. 0.38% of their portfolio NEW YORK, NY 18,500,00018.5m $16.2m $16.2m 0.38% Added +8.5m +8,500,000
6 Amundi 0.01% of their portfolio Paris, I0 15,560,00015.6m $13.6m $13.6m 0.01% Reduced -124.0k -124,000
7 Aequim Alternative Investments LP 0.36% of their portfolio MILL VALLEY, CA 15,000,00015.0m $13.1m $13.1m 0.36% New
8 SSI INVESTMENT MANAGEMENT LLC 0.77% of their portfolio Los Angeles, CA 14,023,00014.0m $12.2m $12.2m 0.77% Added +117.0k +117,000
9 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 10,970,00011.0m $9.5m $9.5m 0.02% Added +945.0k +945,000
10 Calamos Advisors LLC 0.04% of their portfolio NAPERVILLE, IL 10,000,00010.0m $8.7m $8.7m 0.04% Unchanged
11 GABELLI FUNDS LLC 0.05% of their portfolio Rye, NY 8,075,0008.1m $7.0m $7.0m 0.05% Unchanged
12 ABSOLUTE INVESTMENT ADVISERS, LLC 0.82% of their portfolio ROSEMARY BEACH, FL 6,300,0006.3m $5.5m $5.5m 0.82% Added +800.0k +800,000
13 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 5,518,0005.5m $4.8m $4.8m 0.01% Added +1.1m +1,130,000
14 CAPSTONE INVESTMENT ADVISORS, LLC 0.12% of their portfolio NEW YORK, NY 5,000,0005.0m $4.4m $4.4m 0.12% Unchanged
15 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 4,956,0005.0m $4.3m $4.3m 0.01% Added +2.5m +2,541,000
16 CONNING INC. 0.13% of their portfolio HARTFORD, CT 4,800,0004.8m $4.1m $4.1m 0.13% Unchanged
17 FMR LLC 0.00% of their portfolio BOSTON, MA 3,583,0003.6m $3.1m $3.1m 0.00% Unchanged
18 DeepCurrents Investment Group LLC 0.13% of their portfolio NEW YORK, NY 3,500,0003.5m $3.1m $3.1m 0.13% New
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,476,0003.5m $3.0m $3.0m 0.00% Reduced -973.0k -973,000
20 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 3,050,0003.0m $2.7m $2.7m 0.00% New
21 OAKTREE CAPITAL MANAGEMENT LP 0.03% of their portfolio LOS ANGELES, CA 3,000,0003.0m $2.6m $2.6m 0.03% Unchanged
22 BlackRock Inc. 0.00% of their portfolio New York, NY 2,660,0002.7m $2.3m $2.3m 0.00% Added +175.0k +175,000
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,162,0002.2m $1.9m $1.9m 0.00% Added +1.9m +1,926,000
24 WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio CHICAGO, IL 1,500,0001.5m $1.3m $1.3m 0.02% New
25 Quaero Capital S.A. 0.66% of their portfolio GENEVE, V8 1,100,0001.1m $949.4k $949.4k 0.66% Unchanged
26 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 1,070,0001.1m $936.2k $936.2k 0.02% New
27 PROSPECTOR PARTNERS LLC 0.12% of their portfolio GUILFORD, CT 1,000,0001.0m $870.0k $870.0k 0.12% Unchanged
28 Senvest Management, LLC 0.03% of their portfolio New York, NY 1,000,0001.0m $863.1k $863.1k 0.03% Unchanged
29 Teton Advisors, Inc. 0.21% of their portfolio Rye, NY 925,000925.0k $802.4k $802.4k 0.21% Unchanged
30 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 849,000849.0k $739.9k $739.9k 0.01% New
31 Sonora Investment Management Group, LLC 0.04% of their portfolio TUCSON, AZ 555,000555.0k $479.7k $479.7k 0.04% New
32 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 500,000500.0k $500.0k $500.0k 0.00% Unchanged
33 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 386,000386.0k $337.3k $337.3k 0.00% First filing
34 FIRST HAWAIIAN BANK 0.01% of their portfolio HONOLULU, HI 311,000311.0k $271.0k $271.0k 0.01% Added +109.0k +109,000
35 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 300,000300.0k $260.2k $260.2k 0.00% Unchanged
36 MacKay Shields LLC 0.01% of their portfolio New York, NY 250,000250.0k $218.8k $218.8k 0.01% Unchanged
37 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 250,000250.0k $218.4k $218.4k 0.00% Unchanged
38 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $174.8k $174.8k 0.00% Reduced -200.0k -200,000
39 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 190,000190.0k $165.3k $165.3k 0.00% New
40 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 140,000140.0k $122.3k $122.3k 0.00% Unchanged
41 LAKE STREET ADVISORS GROUP, LLC 0.01% of their portfolio PORTSMOUTH, NH 101,000101.0k $88.0k $88.0k 0.01% Added +14.0k +14,000
42 Wellesley Asset Management 0.01% of their portfolio PORTSMOUTH, NH 170170 $148 $148 0.01% Reduced -1.1k -1,125
43 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged