Vault-13

WAYFAIR INC W 0.625 10.01.25

NOTE 0.625%10/0 · US DOMESTIC · CUSIP 94419LAM3

49 institutional holders -13 vs Q1 2023
20,883,00020.9m shares reported held*
$681.4mreported value*
3 new 8 added 18 reduced 15 sold out net sold ≈ $414.1m (-6.9m 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 ($1.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $32.71.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 60Q4 22: 59Q1 23: 62Q2 23: 4949Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202260
Q4 202259
Q1 202362
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: 20 bought or addedQ4 22: 22 cut or sold outQ4 22Q1 23: 30 bought or addedQ1 23: 27 cut or sold outQ1 23Q2 23: 11 bought or addedQ2 23: 33 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222022
Q1 20233027
Q2 20231133

Biggest buyers

CITADEL ADVISORS LLC Added +25,250,000+25.2m
JPMORGAN CHASE & CO Added +15,381,000+15.4m
CITIGROUP INC Added +6,291,000+6.3m
SONA ASSET MANAGEMENT (US) LLC Added +5,500,000+5.5m
BANK OF MONTREAL /CAN/ New +5,150,000+5.2m
SHENKMAN CAPITAL MANAGEMENT INC Added +1,444,000+1.4m
Venator Capital Management Ltd. Added +1,000,000+1.0m
Amundi New +638,000+638.0k
Lombard Odier Asset Management (Europe) Ltd New +638,000+638.0k
Paloma Partners Management Co Added +500,000+500.0k

Biggest sellers

FMR LLC Reduced -95,255,000-95.3m
Apollo Management Holdings, L.P. Sold out -73,768,000-73.8m
Monarch Alternative Capital LP Sold out -71,450,000-71.5m
ADVENT CAPITAL MANAGEMENT /DE/ Sold out -59,319,000-59.3m
HIGHBRIDGE CAPITAL MANAGEMENT LLC Sold out -36,000,000-36.0m
D. E. Shaw & Co., Inc. Reduced -34,952,000-35.0m
MARSHALL WACE, LLP Reduced -30,000,000-30.0m
AQR Arbitrage LLC Sold out -20,575,000-20.6m
INHERENT GROUP, LP Sold out -17,000,000-17.0m
Solel Partners LP Reduced -17,000,000-17.0m

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.15% of their portfolio ATLANTA, GA 170,130,000170.1m $145.6m $145.6m 0.15% Unchanged
2 First Pacific Advisors, LP 1.30% of their portfolio EL SEGUNDO, CA 104,978,000105.0m $89.3m $89.3m 1.30% Unchanged
3 FMR LLC 0.01% of their portfolio BOSTON, MA 74,515,00074.5m $63.4m $63.4m 0.01% Reduced -95.3m -95,255,000
4 CITADEL ADVISORS LLC 0.06% of their portfolio MIAMI, FL 60,250,00060.2m $51.7m $51.7m 0.06% Added +25.2m +25,250,000
5 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 53,444,00053.4m $38.6m $38.6m 0.02% Unchanged
6 MARSHALL WACE, LLP 0.08% of their portfolio LONDON, X0 45,000,00045.0m $38.7m $38.7m 0.08% Reduced -30.0m -30,000,000
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 23,198,00023.2m $19.9m $19.9m 0.00% Reduced -3.7m -3,700,000
8 Solel Partners LP 3.14% of their portfolio BOSTON, MA 23,050,00023.1m $19.7m $19.7m 3.14% Reduced -17.0m -17,000,000
9 Sixth Street Partners Management Company, L.P. 1.78% of their portfolio Dallas, TX 23,000,00023.0m $19.6m $19.6m 1.78% Unchanged
10 SHENKMAN CAPITAL MANAGEMENT INC 1.53% of their portfolio NEW YORK, NY 22,921,00022.9m $19.6m $19.6m 1.53% Added +1.4m +1,444,000
11 BlackRock Inc. 0.00% of their portfolio New York, NY 19,285,00019.3m $16.4m $16.4m 0.00% Reduced -3.2m -3,225,000
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 17,435,00017.4m $15.0m $15.0m 0.00% Added +15.4m +15,381,000
13 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 13,500,00013.5m $11.6m $11.6m 0.02% Reduced -1.5m -1,500,000
14 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 13,140,00013.1m $11.2m $11.2m 0.02% Reduced -35.0m -34,952,000
15 Calamos Advisors LLC 0.06% of their portfolio NAPERVILLE, IL 12,908,00012.9m $11.1m $11.1m 0.06% Reduced -15.0m -15,000,000
16 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.03% of their portfolio Paris, I0 12,450,00012.4m $10.7m $10.7m 0.03% Unchanged
17 SONA ASSET MANAGEMENT (US) LLC 2.37% of their portfolio NEW YORK, NY 11,900,00011.9m $10.2m $10.2m 2.37% Added +5.5m +5,500,000
18 CQS (US), LLC 1.05% of their portfolio NEW YORK, NY 10,176,00010.2m $8.7m $8.7m 1.05% Unchanged
19 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 7,507,0007.5m $6.4m $6.4m 0.01% Reduced -165.0k -165,000
20 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 7,209,0007.2m $6.2m $6.2m 0.01% Reduced -5.0m -5,000,000
21 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 6,702,0006.7m $5.7m $5.7m 0.01% Added +6.3m +6,291,000
22 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.29% of their portfolio EDINA, MN 5,580,0005.6m $4.7m $4.7m 0.29% Reduced -340.0k -340,000
23 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 5,150,0005.2m $4.4m $4.4m 0.00% New
24 Parallax Volatility Advisers, L.P. 0.15% of their portfolio San Francisco, CA 5,000,0005.0m $4.3m $4.3m 0.15% Reduced -2.5m -2,500,000
25 Atalan Capital Partners, LP 0.34% of their portfolio NEW YORK, NY 5,000,0005.0m $4.3m $4.3m 0.34% Unchanged
26 Venator Capital Management Ltd. 2.61% of their portfolio TORONTO, A6 2,500,0002.5m $2.2m $2.2m 2.61% Added +1.0m +1,000,000
27 Jefferies Financial Group Inc. 0.04% of their portfolio NEW YORK, NY 2,445,0002.4m $2.1m $2.1m 0.04% Reduced -937.0k -937,000
28 Paloma Partners Management Co 0.42% of their portfolio GREENWICH, CT 2,100,0002.1m $1.8m $1.8m 0.42% Added +500.0k +500,000
29 Man Group plc 0.00% of their portfolio LONDON, X0 900,000900.0k $777.4k $777.4k 0.00% Unchanged
30 Amundi 0.00% of their portfolio Paris, I0 638,000638.0k $543.9k $543.9k 0.00% New
31 Lombard Odier Asset Management (Europe) Ltd 0.03% of their portfolio LONDON, X0 638,000638.0k $549.3k $549.3k 0.03% New
32 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 625,000625.0k $531.9k $531.9k 0.00% Unchanged
33 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 550,000550.0k $473.5k $473.5k 0.00% Reduced -150.0k -150,000
34 Bellecapital International Ltd. 0.06% of their portfolio ZURICH, V8 270,000270.0k $232.9k $232.9k 0.06% Unchanged
35 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 250,000250.0k $212.8k $212.8k 0.00% Reduced -225.0k -225,000
36 Proficio Capital Partners LLC 0.02% of their portfolio NEWTON, MA 200,000200.0k $170.2k $170.2k 0.02% Unchanged
37 SkyOak Wealth, LLC 0.05% of their portfolio SOUTHFIELD, MI 200,000200.0k $170.2k $170.2k 0.05% Unchanged
38 EDMOND DE ROTHSCHILD HOLDING S.A. 0.00% of their portfolio CHAMBESY, V8 130,000130.0k $111.7k $111.7k 0.00% Unchanged
39 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 100,000100.0k $88.3k $88.3k 0.00% Reduced -400.0k -400,000
40 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 99,00099.0k $84.3k $84.3k 0.00% Unchanged
41 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 76,00076.0k $64.7k $64.7k 0.00% Added +73.0k +73,000
42 Mariner, LLC 0.00% of their portfolio Overland Park, KS 50,00050.0k $42.6k $42.6k 0.00% Unchanged
43 Context Capital Management, LLC 3.24% of their portfolio LAJOLLA, CA 41,87541.9k $35.8m $35.8m 3.24% Reduced -13.6k -13,617
44 Calamos Wealth Management LLC 0.00% of their portfolio NAPERVILLE, IL 25,00025.0k $21.5k $21.5k 0.00% Unchanged
45 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 24,00024.0k $20.0k $20.0k 0.00% Unchanged
46 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 21,00021.0k $17.9k $17.9k 0.00% Reduced -13.7m -13,694,000
47 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 21,00021.0k $18.0k $18.0k 0.00% Unchanged
48 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,0002.0k $1.7k $1.7k 0.00% Unchanged
49 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged