Vault-13

WAYFAIR INC W 0.625 10.01.25

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

32 institutional holders -4 vs Q4 2024
510,000510.0k shares reported held*
$221.4mreported value*
6 new 5 added 5 reduced 10 sold out net sold ≈ $4.1m (-4.6m 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. Holder counts are more reliable. Implied quarter-end price ≈ $434.18.

Trends to Q1 2025

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: 43Q4 24: 36Q1 25: 3232Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202260
Q4 202259
Q1 202362
Q2 202349
Q3 202344
Q4 202342
Q1 202442
Q2 202436
Q3 202443
Q4 202436
Q1 202532

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 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 24Q4 24: 9 bought or addedQ4 24: 21 cut or sold outQ1 25: 11 bought or addedQ1 25: 15 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20231133
Q3 20231517
Q4 20231417
Q1 20241615
Q2 2024819
Q3 2024179
Q4 2024921
Q1 20251115

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ2 24 calls: $0Q2 24 puts: $5.2mQ2 24P/C —Q3 24 calls: $0Q3 24 puts: $5.3mQ3 24P/C —Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —
Numbers
QuarterCallsPutsP/C
Q2 2024$0$5.2m—
Q3 2024$0$5.3m—
Q4 2024$0$0—
Q1 2025$0$0—

Biggest buyers

OSTERWEIS CAPITAL MANAGEMENT INC New +28,579,000+28.6m
KIM, LLC New +9,645,000+9.6m
JPMORGAN CHASE & CO Added +8,000,000+8.0m
Universal- Beteiligungs- und Servicegesellschaft mbH New +2,500,000+2.5m
EPIQ PARTNERS, LLC New +2,000,000+2.0m
PIPER SANDLER & CO. Added +2,000,000+2.0m
Quarry LP New +1,300,000+1.3m
PALISADE CAPITAL MANAGEMENT, LP Added +972,000+972.0k
CITIGROUP INC Added +250,000+250.0k
SG Americas Securities, LLC New +4,000+4.0k

Biggest sellers

Point72 Asset Management, L.P. Sold out -15,000,000-15.0m
BANK OF AMERICA CORP /DE/ Sold out -12,999,000-13.0m
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Sold out -8,250,000-8.2m
ARISTEIA CAPITAL, L.L.C. Sold out -6,500,000-6.5m
MILLENNIUM MANAGEMENT LLC Sold out -5,000,000-5.0m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Sold out -4,625,000-4.6m
FRANKLIN RESOURCES INC Sold out -3,000,000-3.0m
OAKTREE CAPITAL MANAGEMENT LP Reduced -1,827,000-1.8m
First Pacific Advisors, LP Reduced -1,197,000-1.2m
LAZARD ASSET MANAGEMENT LLC Sold out -429,000-429.0k

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 First Pacific Advisors, LP 0.82% of their portfolio EL SEGUNDO, CA 52,781,00052.8m $51.3m $51.3m 0.82% Reduced -1.2m -1,197,000
2 MARSHALL WACE, LLP 0.05% of their portfolio LONDON, X0 35,000,00035.0m $34.1m $34.1m 0.05% Unchanged
3 OSTERWEIS CAPITAL MANAGEMENT INC 1.38% of their portfolio SAN FRANCISCO, CA 28,579,00028.6m $27.9m $27.9m 1.38% New
4 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 20,668,00020.7m $20.1m $20.1m 0.00% Added +8.0m +8,000,000
5 WHITEBOX ADVISORS LLC 0.64% of their portfolio MINNEAPOLIS, MN 20,000,00020.0m $19.4m $19.4m 0.64% Unchanged
6 FMR LLC 0.00% of their portfolio BOSTON, MA 10,625,00010.6m $10.3m $10.3m 0.00% Unchanged
7 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 10,378,00010.4m $10.1m $10.1m 0.01% Unchanged
8 KIM, LLC 1.49% of their portfolio WICHITA, KS 9,645,0009.6m $9.4m $9.4m 1.49% New
9 PALISADE CAPITAL MANAGEMENT, LP 0.23% of their portfolio FORT LEE, NJ 8,262,0008.3m $8.1m $8.1m 0.23% Added +972.0k +972,000
10 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.35% of their portfolio EDINA, MN 5,563,0005.6m $5.4m $5.4m 0.35% Reduced -25.0k -25,000
11 PIPER SANDLER & CO. 3.69% of their portfolio MINNEAPOLIS, MN 5,090,0005.1m $4.9m $4.9m 3.69% Added +2.0m +2,000,000
12 OAKTREE CAPITAL MANAGEMENT LP 0.10% of their portfolio LOS ANGELES, CA 5,056,0005.1m $4.9m $4.9m 0.10% Reduced -1.8m -1,827,000
13 Parallax Volatility Advisers, L.P. 0.09% of their portfolio San Francisco, CA 3,000,0003.0m $2.9m $2.9m 0.09% Unchanged
14 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 2,500,0002.5m $2.4m $2.4m 0.00% New
15 EPIQ PARTNERS, LLC 1.02% of their portfolio MINNEAPOLIS, MN 2,000,0002.0m $1.9m $1.9m 1.02% New
16 Quarry LP 0.32% of their portfolio NEW YORK, NY 1,300,0001.3m $1.3m $1.3m 0.32% New
17 Man Group plc 0.00% of their portfolio LONDON, X0 700,000700.0k $682.9k $682.9k 0.00% Unchanged
18 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 301,000301.0k $292.7k $292.7k 0.00% Added +250.0k +250,000
19 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 250,000250.0k $243.1k $243.1k 0.00% Unchanged
20 Fox Hill Wealth Management 0.14% of their portfolio DEDHAM, MA 250,000250.0k $242.2k $242.2k 0.14% Reduced -5.0k -5,000
21 Proficio Capital Partners LLC 0.02% of their portfolio NEWTON, MA 200,000200.0k $194.5k $194.5k 0.02% Unchanged
22 SkyOak Wealth, LLC 0.04% of their portfolio SOUTHFIELD, MI 200,000200.0k $193.8k $193.8k 0.04% Unchanged
23 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 99,00099.0k $96.3k $96.3k 0.00% Unchanged
24 Mariner, LLC 0.00% of their portfolio Overland Park, KS 50,00050.0k $48.6k $48.6k 0.00% Unchanged
25 Financial Perspectives, Inc 0.00% of their portfolio MINNEAPOLIS, MN 15,00015.0k $14.6k $14.6k 0.00% Unchanged
26 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 10,00010.0k $9.7k $9.7k 0.00% Unchanged
27 Context Capital Management, LLC 0.17% of their portfolio LAJOLLA, CA 4,5004.5k $4.4m $4.4m 0.17% Added +2.5k +2,500
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,0004.0k $3.9k $3.9k 0.00% Unchanged
29 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 4,0004.0k $389.0k $389.0k 0.00% New
30 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,0001.0k $975 $975 0.00% Reduced -140.0k -140,000
31 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 22 $1.9k $1.9k 0.00% Unchanged
32 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged