Vault-13

WAYFAIR INC W 0.625 10.01.25

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

43 institutional holders +7 vs Q2 2024
5,148,0005.1m shares reported held*
$733.3mreported value*
9 new 8 added 8 reduced 1 sold out net bought ≈ $25.0m

* 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 ($588.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $142.55. Options: 0 managers hold calls (— notional), 1 hold puts ($5.3m).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 60Q4 22: 59Q1 23: 62Q2 23: 49Q3 23: 44Q4 23: 42Q1 24: 42Q2 24: 36Q3 24: 4343Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 202260
Q4 202259
Q1 202362
Q2 202349
Q3 202344
Q4 202342
Q1 202442
Q2 202436
Q3 202443

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 outQ1 23: 30 bought or addedQ1 23: 27 cut or sold outQ1 23Q2 23: 11 bought or addedQ2 23: 33 cut or sold outQ3 23: 15 bought or addedQ3 23: 17 cut or sold outQ3 23Q4 23: 14 bought or addedQ4 23: 17 cut or sold outQ1 24: 16 bought or addedQ1 24: 15 cut or sold outQ1 24Q2 24: 8 bought or addedQ2 24: 19 cut or sold outQ3 24: 17 bought or addedQ3 24: 9 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222022
Q1 20233027
Q2 20231133
Q3 20231517
Q4 20231417
Q1 20241615
Q2 2024819
Q3 2024179

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6mQ4 23 calls: $0Q4 23 puts: $0Q4 23P/C —Q1 24 calls: $0Q1 24 puts: $0Q1 24P/C —Q2 24 calls: $0Q2 24 puts: $5.2mQ2 24P/C —Q3 24 calls: $0Q3 24 puts: $5.3mQ3 24P/C —
Numbers
QuarterCallsPutsP/C
Q4 2023$0$0—
Q1 2024$0$0—
Q2 2024$0$5.2m—
Q3 2024$0$5.3m—

Biggest buyers

BANK OF MONTREAL /CAN/ New +25,314,000+25.3m
WHITEBOX ADVISORS LLC New +20,000,000+20.0m
MILLENNIUM MANAGEMENT LLC Added +13,500,000+13.5m
MANUFACTURERS LIFE INSURANCE COMPANY, THE New +12,178,000+12.2m
Point72 Asset Management, L.P. New +11,500,000+11.5m
MARSHALL WACE, LLP Added +6,500,000+6.5m
ARISTEIA CAPITAL, L.L.C. New +6,500,000+6.5m
D. E. Shaw & Co., Inc. Added +6,000,000+6.0m
FRANKLIN RESOURCES INC New +3,000,000+3.0m
PALISADE CAPITAL MANAGEMENT, LP New +3,000,000+3.0m

Biggest sellers

CITADEL ADVISORS LLC Reduced -34,150,000-34.1m
FMR LLC Reduced -27,890,000-27.9m
SONA ASSET MANAGEMENT (US) LLC Reduced -22,175,000-22.2m
Magnetar Financial LLC Sold out -3,000,000-3.0m
JPMORGAN CHASE & CO Reduced -1,188,000-1.2m
Paloma Partners Management Co Reduced -1,109,000-1.1m
CITIGROUP INC Reduced -120,000-120.0k
Jefferies Financial Group Inc. Reduced -50,000-50.0k
Context Capital Management, LLC Reduced -1,000-1.0k

Biggest calls

None

Biggest puts

PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Added $5.3m5.6m shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.16% of their portfolio ATLANTA, GA 164,845,000164.8m $157.2m $157.2m 0.16% Unchanged
2 First Pacific Advisors, LP 1.39% of their portfolio EL SEGUNDO, CA 104,978,000105.0m $99.9m $99.9m 1.39% Unchanged
3 CITADEL ADVISORS LLC 0.06% of their portfolio MIAMI, FL 61,332,00061.3m $58.7m $58.7m 0.06% Reduced -34.1m -34,150,000
4 Linden Advisors LP 0.43% of their portfolio New York, NY 53,593,00053.6m $51.3m $51.3m 0.43% Added +1.3m +1,258,000
5 D. E. Shaw & Co., Inc. 0.06% of their portfolio New York, NY 49,140,00049.1m $47.0m $47.0m 0.06% Added +6.0m +6,000,000
6 LAZARD ASSET MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 43,173,00043.2m $41.2m $41.2m 0.06% Added +2.8m +2,805,000
7 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 43,167,00043.2m $41.4m $41.4m 0.04% Added +13.5m +13,500,000
8 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 25,314,00025.3m $24.2m $24.2m 0.01% New
9 MARSHALL WACE, LLP 0.03% of their portfolio LONDON, X0 21,500,00021.5m $20.6m $20.6m 0.03% Added +6.5m +6,500,000
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 21,290,00021.3m $20.4m $20.4m 0.00% Reduced -1.2m -1,188,000
11 WHITEBOX ADVISORS LLC 0.82% of their portfolio MINNEAPOLIS, MN 20,000,00020.0m $19.0m $19.0m 0.82% New
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 16,498,00016.5m $15.8m $15.8m 0.00% Added +2.0m +2,000,000
13 SONA ASSET MANAGEMENT (US) LLC 0.62% of their portfolio NEW YORK, NY 12,269,00012.3m $11.8m $11.8m 0.62% Reduced -22.2m -22,175,000
14 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 12,178,00012.2m $11.7m $11.7m 0.01% New
15 Point72 Asset Management, L.P. 0.04% of their portfolio STAMFORD, CT 11,500,00011.5m $11.0m $11.0m 0.04% New
16 FMR LLC 0.00% of their portfolio BOSTON, MA 10,625,00010.6m $10.1m $10.1m 0.00% Reduced -27.9m -27,890,000
17 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 9,250,0009.2m $8.9m $8.9m 0.01% Unchanged
18 ARISTEIA CAPITAL, L.L.C. 0.22% of their portfolio GREENWICH, CT 6,500,0006.5m $6.2m $6.2m 0.22% New
19 BlackRock, Inc. 0.00% of their portfolio New York, NY 5,760,0005.8m $5.5m $5.5m 0.00% First filing
20 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 4,625,0004.6m $4.4m $4.4m 0.01% Unchanged
21 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 3,000,0003.0m $2.9m $2.9m 0.00% New
22 PALISADE CAPITAL MANAGEMENT, LP 0.08% of their portfolio FORT LEE, NJ 3,000,0003.0m $2.9m $2.9m 0.08% New
23 Parallax Volatility Advisers, L.P. 0.07% of their portfolio San Francisco, CA 3,000,0003.0m $2.9m $2.9m 0.07% Unchanged
24 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,004,0002.0m $1.9m $1.9m 0.00% Added +738.0k +738,000
25 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,851,0001.9m $1.8m $1.8m 0.00% Added +1.4m +1,420,000
26 Jefferies Financial Group Inc. 0.02% of their portfolio NEW YORK, NY 1,000,0001.0m $955.0k $955.0k 0.02% Reduced -50.0k -50,000
27 Man Group plc 0.00% of their portfolio LONDON, X0 700,000700.0k $670.2k $670.2k 0.00% Unchanged
28 Paloma Partners Management Co 0.03% of their portfolio GREENWICH, CT 613,000613.0k $588.4k $588.4k 0.03% Reduced -1.1m -1,109,000
29 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 491,000491.0k $467.1k $467.1k 0.00% Reduced -120.0k -120,000
30 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 318,000318.0k $304.5k $304.5k 0.00% Unchanged
31 Fox Hill Wealth Management 0.14% of their portfolio DEDHAM, MA 263,000263.0k $252.1k $252.1k 0.14% Unchanged
32 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 250,000250.0k $237.8k $237.8k 0.00% Unchanged
33 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 227,000227.0k $217.4k $217.4k 0.00% Unchanged
34 Proficio Capital Partners LLC 0.02% of their portfolio NEWTON, MA 200,000200.0k $190.3k $190.3k 0.02% Unchanged
35 SkyOak Wealth, LLC 0.04% of their portfolio SOUTHFIELD, MI 200,000200.0k $191.7k $191.7k 0.04% Unchanged
36 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 131,000131.0k $125.5k $125.5k 0.00% Unchanged
37 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 99,00099.0k $94.2k $94.2k 0.00% Unchanged
38 PIPER SANDLER & CO. 0.06% of their portfolio MINNEAPOLIS, MN 90,00090.0k $85.6k $85.6k 0.06% New
39 Context Capital Management, LLC 1.39% of their portfolio LAJOLLA, CA 53,43853.4k $51.0m $51.0m 1.39% Reduced -1.0k -1,000
40 Mariner, LLC 0.00% of their portfolio Overland Park, KS 50,00050.0k $47.6k $47.6k 0.00% Unchanged
41 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 10,00010.0k $9.5k $9.5k 0.00% Unchanged
42 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 22 $1.9k $1.9k 0.00% New
43 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged