Vault-13

WAYFAIR INC W 3.25 09.15.27

NOTE 3.250% 9/1 · US DOMESTIC · CUSIP 94419LAP6

56 institutional holders -8 vs Q4 2024
16,989,99917.0m shares reported held*
$808.0mreported value*
10 new 14 added 15 reduced 18 sold out net bought ≈ $25.8m (+550.5k 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 ≈ $47.56.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 23: 50Q4 23: 58Q1 24: 56Q2 24: 61Q3 24: 67Q4 24: 64Q1 25: 5656Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202350
Q4 202358
Q1 202456
Q2 202461
Q3 202467
Q4 202464
Q1 202556

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 23: 37 bought or addedQ4 23: 17 cut or sold outQ4 23Q1 24: 30 bought or addedQ1 24: 27 cut or sold outQ1 24Q2 24: 30 bought or addedQ2 24: 24 cut or sold outQ2 24Q3 24: 35 bought or addedQ3 24: 23 cut or sold outQ3 24Q4 24: 28 bought or addedQ4 24: 31 cut or sold outQ4 24Q1 25: 24 bought or addedQ1 25: 33 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q4 20233717
Q1 20243027
Q2 20243024
Q3 20243523
Q4 20242831
Q1 20252433

Biggest buyers

VOYA INVESTMENT MANAGEMENT LLC Added +149,975,000+150.0m
SOROS FUND MANAGEMENT LLC Added +31,500,000+31.5m
Magnetar Financial LLC New +10,000,000+10.0m
BANK OF AMERICA CORP /DE/ Added +8,805,000+8.8m
MILLENNIUM MANAGEMENT LLC New +7,500,000+7.5m
SONA ASSET MANAGEMENT (US) LLC New +5,000,000+5.0m
CAMDEN ASSET MANAGEMENT L P /CA Added +5,000,000+5.0m
BARINGS LLC New +5,000,000+5.0m
MORGAN STANLEY Added +3,700,000+3.7m
CITIGROUP INC New +2,076,000+2.1m

Biggest sellers

Davidson Kempner Capital Management LP Reduced -38,000,000-38.0m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -35,250,000-35.2m
D. E. Shaw & Co., Inc. Sold out -34,685,000-34.7m
LAZARD ASSET MANAGEMENT LLC Reduced -25,008,000-25.0m
SHENKMAN CAPITAL MANAGEMENT INC Reduced -15,358,000-15.4m
Sycale Advisors (NY) LLC Reduced -12,750,000-12.8m
AMERIPRISE FINANCIAL INC Reduced -10,700,000-10.7m
Invesco Ltd. Sold out -6,256,000-6.3m
Mirabaud Asset Management (France) SAS Sold out -5,100,000-5.1m
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Sold out -4,450,000-4.5m

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.13% of their portfolio ATLANTA, GA 245,380,000245.4m $240.5m $240.5m 0.13% Added +150.0m +149,975,000
2 SOROS FUND MANAGEMENT LLC 1.64% of their portfolio NEW YORK, NY 94,000,00094.0m $92.2m $92.2m 1.64% Added +31.5m +31,500,000
3 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 69,512,00069.5m $68.1m $68.1m 0.02% Unchanged
4 ADVENT CAPITAL MANAGEMENT /DE/ 0.84% of their portfolio NEW YORK, NY 37,493,00037.5m $36.7m $36.7m 0.84% Reduced -35.2m -35,250,000
5 CAMDEN ASSET MANAGEMENT L P /CA 0.95% of their portfolio Los Angeles, CA 36,375,00036.4m $35.6m $35.6m 0.95% Added +5.0m +5,000,000
6 Davidson Kempner Capital Management LP 0.48% of their portfolio New York, NY 35,000,00035.0m $34.2m $34.2m 0.48% Reduced -38.0m -38,000,000
7 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 27,009,00027.0m $26.4m $26.4m 0.02% First filing
8 Calamos Advisors LLC 0.12% of their portfolio NAPERVILLE, IL 25,555,00025.6m $25.1m $25.1m 0.12% Reduced -2.6m -2,632,000
9 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 17,611,00017.6m $17.3m $17.3m 0.00% Added +951.0k +951,000
10 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 15,916,00015.9m $15.6m $15.6m 0.00% First filing
11 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 14,531,60014.5m $14.2m $14.2m 0.00% Added +8.8m +8,805,000
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 14,104,00014.1m $13.8m $13.8m 0.00% Reduced -2.0m -2,000,000
13 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 12,000,00012.0m $11.7m $11.7m 0.00% Reduced -10.7m -10,700,000
14 Magnetar Financial LLC 0.13% of their portfolio EVANSTON, IL 10,000,00010.0m $9.8m $9.8m 0.13% New
15 ABSOLUTE INVESTMENT ADVISERS, LLC 1.17% of their portfolio ROSEMARY BEACH, FL 8,179,0008.2m $8.0m $8.0m 1.17% Added +1.1m +1,123,000
16 LORD, ABBETT & CO. LLC 0.03% of their portfolio JERSEY CITY, NJ 8,109,0008.1m $7.9m $7.9m 0.03% Added +186.0k +186,000
17 CSS LLC/IL 0.51% of their portfolio CHICAGO, IL 7,500,0007.5m $7.4m $7.4m 0.51% Added +1.0m +1,000,000
18 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 7,500,0007.5m $7.4m $7.4m 0.01% New
19 BlackRock, Inc. 0.00% of their portfolio New York, NY 6,975,0007.0m $6.8m $6.8m 0.00% Reduced -175.0k -175,000
20 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 6,760,0006.8m $6.6m $6.6m 0.01% Reduced -1.6m -1,643,000
21 ARISTEIA CAPITAL, L.L.C. 0.18% of their portfolio GREENWICH, CT 6,000,0006.0m $5.9m $5.9m 0.18% Unchanged
22 Sycale Advisors (NY) LLC 1.82% of their portfolio New York, NY 5,750,0005.8m $5.6m $5.6m 1.82% Reduced -12.8m -12,750,000
23 BARINGS LLC 0.12% of their portfolio CHARLOTTE, NC 5,000,0005.0m $4.9m $4.9m 0.12% New
24 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 5,000,0005.0m $4.9m $4.9m 0.01% Unchanged
25 SONA ASSET MANAGEMENT (US) LLC 0.19% of their portfolio NEW YORK, NY 5,000,0005.0m $4.9m $4.9m 0.19% New
26 SSI INVESTMENT MANAGEMENT LLC 0.35% of their portfolio Los Angeles, CA 4,564,0004.6m $4.5m $4.5m 0.35% Unchanged
27 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,962,0004.0m $3.9m $3.9m 0.00% Added +3.7m +3,700,000
28 OAKTREE CAPITAL MANAGEMENT LP 0.05% of their portfolio LOS ANGELES, CA 2,585,0002.6m $2.5m $2.5m 0.05% Reduced -100.0k -100,000
29 SUSQUEHANNA ADVISORS GROUP, INC. 0.00% of their portfolio BALA CYNWYD, PA 2,500,0002.5m $24.4k $24.4k 0.00% Added +500.0k +500,000
30 Man Group plc 0.01% of their portfolio LONDON, X0 2,285,0002.3m $2.2m $2.2m 0.01% Unchanged
31 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 2,100,0002.1m $2.1m $2.1m 0.00% Unchanged
32 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,076,0002.1m $2.0m $2.0m 0.00% New
33 Amundi 0.00% of their portfolio Paris, I0 1,750,0001.8m $1.6m $1.6m 0.00% Added +250.0k +250,000
34 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 1,749,9991.7m $1.7m $1.7m 0.00% Added +1.1m +1,149,999
35 SHENKMAN CAPITAL MANAGEMENT INC 0.16% of their portfolio NEW YORK, NY 1,638,0001.6m $1.6m $1.6m 0.16% Reduced -15.4m -15,358,000
36 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 884,000884.0k $866.0k $866.0k 0.00% Reduced -25.0m -25,008,000
37 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 800,000800.0k $806.0k $806.0k 0.00% Added +500.0k +500,000
38 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 793,000793.0k $777.8k $777.8k 0.00% New
39 DNCA FINANCE 0.06% of their portfolio PARIS, I0 700,000700.0k $687.6k $687.6k 0.06% Unchanged
40 FMR LLC 0.00% of their portfolio BOSTON, MA 608,000608.0k $594.3k $594.3k 0.00% Unchanged
41 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $294.2k $294.2k 0.00% Unchanged
42 Central Pacific Bank - Trust Division 0.03% of their portfolio HONOLULU, HI 254,000254.0k $248.3k $248.3k 0.03% Unchanged
43 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 224,000224.0k $220.4k $220.4k 0.00% Reduced -130.0k -130,000
44 KBC Group NV 0.00% of their portfolio Brussels, C9 200,000200.0k $197.0k $197.0k 0.00% Unchanged
45 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 150,000150.0k $147.6k $147.6k 0.00% New
46 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 114,000114.0k $111.8k $111.8k 0.00% Reduced -389.0k -389,000
47 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 104,000104.0k $101.7k $101.7k 0.00% New
48 Context Capital Management, LLC 2.64% of their portfolio LAJOLLA, CA 69,57169.6k $68.2m $68.2m 2.64% Added +67.0k +67,021
49 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 18,00018.0k $17.6k $17.6k 0.00% Reduced -8.0k -8,000
50 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 14,00014.0k $13.7k $13.7k 0.00% New
51 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 13,00013.0k $12.7k $12.7k 0.00% Reduced -6.0k -6,000
52 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 10,00010.0k $978.0k $978.0k 0.00% Unchanged
53 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 3,0003.0k $2.9k $2.9k 0.00% Unchanged
54 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 1,0001.0k $978 $978 0.00% Unchanged
55 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,0001.0k $978 $978 0.00% New
56 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged