Vault-13

WAYFAIR INC W 3.25 09.15.27

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

25 institutional holders -4 vs Q1 2026
35,349,00035.3m shares reported held*
$325.4mreported value*
7 new 5 added 6 reduced 11 sold out net bought ≈ $315.4k (+27.6m 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 ≈ $9.20.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 23: 50Q4 23: 58Q1 24: 56Q2 24: 61Q3 24: 67Q4 24: 64Q1 25: 56Q2 25: 57Q3 25: 50Q4 25: 39Q1 26: 29Q2 26: 2525Q3 23Q2 24Q1 25Q4 25Q2 26
Numbers
QuarterHolders
Q3 202350
Q4 202358
Q1 202456
Q2 202461
Q3 202467
Q4 202464
Q1 202556
Q2 202557
Q3 202550
Q4 202539
Q1 202629
Q2 202625

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 24: 35 bought or addedQ3 24: 23 cut or sold outQ4 24: 28 bought or addedQ4 24: 31 cut or sold outQ4 24Q1 25: 24 bought or addedQ1 25: 33 cut or sold outQ2 25: 23 bought or addedQ2 25: 24 cut or sold outQ2 25Q3 25: 24 bought or addedQ3 25: 28 cut or sold outQ4 25: 10 bought or addedQ4 25: 36 cut or sold outQ4 25Q1 26: 7 bought or addedQ1 26: 32 cut or sold outQ2 26: 12 bought or addedQ2 26: 17 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20243523
Q4 20242831
Q1 20252433
Q2 20252324
Q3 20252428
Q4 20251036
Q1 2026732
Q2 20261217

Biggest buyers

Linden Advisors LP Added +33,500,000+33.5m
Ovata Capital Management Ltd New +30,684,000+30.7m
D. E. Shaw & Co., Inc. New +26,718,000+26.7m
BANK OF MONTREAL /CAN/ Added +11,263,000+11.3m
Thrivent Financial for Lutherans New +6,295,000+6.3m
CSS LLC/IL New +2,500,000+2.5m
SSI INVESTMENT MANAGEMENT LLC New +2,246,000+2.2m
LAZARD ASSET MANAGEMENT LLC Added +1,063,000+1.1m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. New +838,000+838.0k
Balyasny Asset Management L.P. Added +89,000+89.0k

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Sold out -61,073,000-61.1m
DeepCurrents Investment Group LLC Sold out -17,320,000-17.3m
JPMORGAN CHASE & CO Sold out -8,387,000-8.4m
BNP PARIBAS FINANCIAL MARKETS Reduced -7,293,000-7.3m
BlackRock, Inc. Sold out -3,980,000-4.0m
STATE STREET CORP Sold out -3,271,000-3.3m
FRANKLIN RESOURCES INC Reduced -2,525,000-2.5m
SSI INVESTMENT MANAGEMENT LLC Sold out -2,246,000-2.2m
HBK INVESTMENTS L P Sold out -2,121,000-2.1m
Sycale Advisors (NY) LLC Sold out -1,316,000-1.3m

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.42% of their portfolio New York, NY 53,416,00053.4m $81.0m $81.0m 0.42% Added +33.5m +33,500,000
2 Ovata Capital Management Ltd 3.52% of their portfolio HONG KONG, K3 30,684,00030.7m $46.9m $46.9m 3.52% New
3 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 26,718,00026.7m $40.5m $40.5m 0.03% New
4 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 23,958,00024.0m $36.1m $36.1m 0.01% Reduced -2.5m -2,525,000
5 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 16,098,00016.1m $242.4k $242.4k 0.00% Added +1.1m +1,063,000
6 Calamos Advisors LLC 0.07% of their portfolio NAPERVILLE, IL 12,245,00012.2m $18.7m $18.7m 0.07% Unchanged
7 Balyasny Asset Management L.P. 0.03% of their portfolio Chicago, IL 12,236,00012.2m $18.6m $18.6m 0.03% Added +89.0k +89,000
8 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 11,266,00011.3m $17.2m $17.2m 0.01% Added +11.3m +11,263,000
9 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 9,534,0009.5m $14.3m $14.3m 0.01% Reduced -7.3m -7,293,000
10 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 6,295,0006.3m $9.5m $9.5m 0.02% New
11 ABSOLUTE INVESTMENT ADVISERS, LLC 0.68% of their portfolio ROSEMARY BEACH, FL 4,664,0004.7m $7.1m $7.1m 0.68% Unchanged
12 LORD, ABBETT & CO. LLC 0.01% of their portfolio JERSEY CITY, NJ 2,741,0002.7m $4.1m $4.1m 0.01% Reduced -1.2m -1,157,000
13 ADVENT CAPITAL MANAGEMENT /DE/ 0.09% of their portfolio NEW YORK, NY 2,599,0002.6m $3.9m $3.9m 0.09% Reduced -449.0k -449,000
14 CSS LLC/IL 0.17% of their portfolio CHICAGO, IL 2,500,0002.5m $3.8m $3.8m 0.17% New
15 SSI INVESTMENT MANAGEMENT LLC 0.20% of their portfolio Los Angeles, CA 2,246,0002.2m $3.4m $3.4m 0.20% New
16 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,425,0001.4m $2.2m $2.2m 0.00% Reduced -716.0k -716,000
17 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 838,000838.0k $1.2m $1.2m 0.00% New
18 FMR LLC 0.00% of their portfolio BOSTON, MA 811,000811.0k $1.2m $1.2m 0.00% Unchanged
19 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 394,000394.0k $591.2k $591.2k 0.00% Unchanged
20 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 124,000124.0k $186.6k $186.6k 0.00% Reduced -204.0k -204,000
21 Central Pacific Bank - Trust Division 0.02% of their portfolio HONOLULU, HI 119,000119.0k $178.6k $178.6k 0.02% Unchanged
22 UBS Group AG 0.00% of their portfolio ZURICH, V8 56,00056.0k $84.0k $84.0k 0.00% Added +4.0k +4,000
23 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 50,00050.0k $75.0k $75.0k 0.00% Unchanged
24 K2 PRINCIPAL FUND, L.P. 1.31% of their portfolio TORONTO, A6 9,3499.3k $14.3m $14.3m 1.31% New
25 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,0001.0k $1.5k $1.5k 0.00% Unchanged