Vault-13

VERINT SYSTEMS INC VRNT 0.25 04.15.26

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

40 institutional holders +0 vs Q1 2023
38,209,00038.2m shares reported held*
$270.2mreported value*
3 new 6 added 11 reduced 3 sold out net bought ≈ $273.8k (+3.6m 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 ($5.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $7.22.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 41Q4 22: 43Q1 23: 40Q2 23: 4040Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202241
Q4 202243
Q1 202340
Q2 202340

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 22 bought or addedQ4 22: 10 cut or sold outQ4 22Q1 23: 18 bought or addedQ1 23: 19 cut or sold outQ1 23Q2 23: 9 bought or addedQ2 23: 14 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222210
Q1 20231819
Q2 2023914

Biggest buyers

TORONTO DOMINION BANK Added +4,956,000+5.0m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +4,003,000+4.0m
SHENKMAN CAPITAL MANAGEMENT INC Added +3,219,000+3.2m
Jefferies Financial Group Inc. New +3,004,000+3.0m
Linden Advisors LP Added +2,500,000+2.5m
Sonora Investment Management Group, LLC Added +1,635,000+1.6m
BANK OF AMERICA CORP /DE/ New +1,019,000+1.0m
CITIGROUP INC New +240,000+240.0k
LAKE STREET ADVISORS GROUP, LLC Added +6,000+6.0k

Biggest sellers

SSI INVESTMENT MANAGEMENT LLC Reduced -8,971,000-9.0m
FMR LLC Reduced -3,583,000-3.6m
WOLVERINE ASSET MANAGEMENT LLC Reduced -3,000,000-3.0m
JANE STREET GROUP, LLC Sold out -1,983,000-2.0m
Thrivent Financial for Lutherans Reduced -1,000,000-1.0m
BARCLAYS PLC Sold out -414,000-414.0k
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -273,000-273.0k
CREDIT SUISSE AG/ Reduced -250,000-250.0k
JPMORGAN CHASE & CO Reduced -211,000-211.0k
PALISADE CAPITAL MANAGEMENT, LP Reduced -210,000-210.0k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.45% of their portfolio New York, NY 49,105,00049.1m $43.3m $43.3m 0.45% Added +2.5m +2,500,000
2 ADVENT CAPITAL MANAGEMENT /DE/ 0.48% of their portfolio NEW YORK, NY 27,250,00027.2m $24.2m $24.2m 0.48% Reduced -273.0k -273,000
3 TENOR CAPITAL MANAGEMENT Co., L.P. 0.49% of their portfolio NEW YORK, NY 26,671,00026.7m $23.6m $23.6m 0.49% Added +4.0m +4,003,000
4 SHENKMAN CAPITAL MANAGEMENT INC 1.61% of their portfolio NEW YORK, NY 23,385,00023.4m $20.7m $20.7m 1.61% Added +3.2m +3,219,000
5 Opti Capital Management, LP 1.68% of their portfolio New York, NY 22,500,00022.5m $19.9m $19.9m 1.68% Unchanged
6 DeepCurrents Investment Group LLC 0.78% of their portfolio NEW YORK, NY 20,505,00020.5m $18.1m $18.1m 0.78% Unchanged
7 Amundi 0.01% of their portfolio Paris, I0 15,560,00015.6m $13.7m $13.7m 0.01% Unchanged
8 Aequim Alternative Investments LP 0.50% of their portfolio MILL VALLEY, CA 15,000,00015.0m $13.3m $13.3m 0.50% Unchanged
9 WOLVERINE ASSET MANAGEMENT LLC 0.22% of their portfolio CHICAGO, IL 13,125,00013.1m $11.6m $11.6m 0.22% Reduced -3.0m -3,000,000
10 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 10,770,00010.8m $9.5m $9.5m 0.02% Reduced -1.0m -1,000,000
11 Calamos Advisors LLC 0.04% of their portfolio NAPERVILLE, IL 10,000,00010.0m $8.8m $8.8m 0.04% Unchanged
12 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 9,912,0009.9m $8.6m $8.6m 0.01% Added +5.0m +4,956,000
13 ABSOLUTE INVESTMENT ADVISERS, LLC 1.07% of their portfolio ROSEMARY BEACH, FL 8,625,0008.6m $7.6m $7.6m 1.07% Unchanged
14 GABELLI FUNDS LLC 0.05% of their portfolio Rye, NY 8,075,0008.1m $7.1m $7.1m 0.05% Unchanged
15 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 5,200,0005.2m $4.6m $4.6m 0.01% Reduced -37.0k -37,000
16 READYSTATE ASSET MANAGEMENT LP 0.44% of their portfolio CHICAGO, IL 5,000,0005.0m $4.4m $4.4m 0.44% Unchanged
17 CONNING INC. 0.14% of their portfolio HARTFORD, CT 4,800,0004.8m $4.2m $4.2m 0.14% Unchanged
18 SSI INVESTMENT MANAGEMENT LLC 0.29% of their portfolio Los Angeles, CA 4,634,0004.6m $4.1m $4.1m 0.29% Reduced -9.0m -8,971,000
19 FMR LLC 0.00% of their portfolio BOSTON, MA 3,583,0003.6m $3.2m $3.2m 0.00% Reduced -3.6m -3,583,000
20 Sonora Investment Management Group, LLC 0.25% of their portfolio TUCSON, AZ 3,395,0003.4m $3.0m $3.0m 0.25% Added +1.6m +1,635,000
21 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 3,050,0003.0m $2.7m $2.7m 0.00% Unchanged
22 Jefferies Financial Group Inc. 0.06% of their portfolio NEW YORK, NY 3,004,0003.0m $2.7m $2.7m 0.06% New
23 BlackRock Inc. 0.00% of their portfolio New York, NY 1,835,0001.8m $1.6m $1.6m 0.00% Reduced -150.0k -150,000
24 CAMDEN ASSET MANAGEMENT L P /CA 0.05% of their portfolio Los Angeles, CA 1,500,0001.5m $1.3m $1.3m 0.05% Unchanged
25 WATER ISLAND CAPITAL LLC 0.12% of their portfolio NEW YORK, NY 1,500,0001.5m $1.3m $1.3m 0.12% Unchanged
26 PROSPECTOR PARTNERS LLC 0.14% of their portfolio GUILFORD, CT 1,100,0001.1m $969.4k $969.4k 0.14% Unchanged
27 Quaero Capital S.A. 0.75% of their portfolio GENEVE, V8 1,100,0001.1m $971.1k $971.1k 0.75% Unchanged
28 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,019,0001.0m $898.0k $898.0k 0.00% New
29 Senvest Management, LLC 0.03% of their portfolio New York, NY 1,000,0001.0m $882.8k $882.8k 0.03% Unchanged
30 PALISADE CAPITAL MANAGEMENT, LP 0.02% of their portfolio FORT LEE, NJ 981,000981.0k $864.5k $864.5k 0.02% Reduced -210.0k -210,000
31 Teton Advisors, Inc. 0.23% of their portfolio Rye, NY 925,000925.0k $817.0k $817.0k 0.23% Unchanged
32 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 804,000804.0k $710.3k $710.3k 0.00% Reduced -211.0k -211,000
33 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 300,000300.0k $265.0k $265.0k 0.00% Unchanged
34 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 250,000250.0k $250.0k $250.0k 0.00% Reduced -250.0k -250,000
35 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 240,000240.0k $211.5k $211.5k 0.00% New
36 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $176.7k $176.7k 0.00% Unchanged
37 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 109,000109.0k $96.1k $96.1k 0.00% Reduced -173.0k -173,000
38 LAKE STREET ADVISORS GROUP, LLC 0.01% of their portfolio PORTSMOUTH, NH 107,000107.0k $94.0k $94.0k 0.01% Added +6.0k +6,000
39 Verition Fund Management LLC 0.09% of their portfolio GREENWICH, CT 6,5566.6k $5.8m $5.8m 0.09% Unchanged
40 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged