Vault-13

WINNEBAGO INDS INC WGO 3.25 01.15.30

NOTE 3.250% 1/1 · US DOMESTIC · CUSIP 974637AF7

48 institutional holders +4 vs Q4 2025
20,974,00021.0m shares reported held*
$286.0mreported value*
11 new 10 added 16 reduced 5 sold out net sold ≈ $4.4m (+2.1m 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 ($932.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $13.68.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q1 25: 33Q2 25: 36Q3 25: 36Q4 25: 44Q1 26: 4848Q1 25Q2 25Q3 25Q4 25Q1 26
Numbers
QuarterHolders
Q1 202533
Q2 202536
Q3 202536
Q4 202544
Q1 202648

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 25: 17 bought or addedQ2 25: 14 cut or sold outQ2 25Q3 25: 14 bought or addedQ3 25: 14 cut or sold outQ3 25Q4 25: 20 bought or addedQ4 25: 19 cut or sold outQ4 25Q1 26: 21 bought or addedQ1 26: 21 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20251714
Q3 20251414
Q4 20252019
Q1 20262121

Biggest buyers

VICTORY CAPITAL MANAGEMENT INC New +7,815,000+7.8m
FRANKLIN RESOURCES INC New +7,216,000+7.2m
BlackRock, Inc. Added +5,325,000+5.3m
CAMDEN ASSET MANAGEMENT L P /CA Added +5,000,000+5.0m
BANK OF AMERICA CORP /DE/ Added +4,224,000+4.2m
Ares Systematic Credit Ltd Added +2,100,000+2.1m
Cutler Capital Management, LLC Added +1,775,000+1.8m
SSI INVESTMENT MANAGEMENT LLC New +1,650,000+1.6m
TD Asset Management Inc Added +1,400,000+1.4m
Universal- Beteiligungs- und Servicegesellschaft mbH New +1,075,000+1.1m

Biggest sellers

LORD, ABBETT & CO. LLC Reduced -21,272,000-21.3m
OAKTREE CAPITAL MANAGEMENT LP Reduced -10,844,000-10.8m
Davidson Kempner Capital Management LP Reduced -3,000,000-3.0m
Russell Investments Group, Ltd. Reduced -2,292,000-2.3m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -2,032,000-2.0m
SSI INVESTMENT MANAGEMENT LLC Sold out -1,650,000-1.6m
NEW YORK STATE COMMON RETIREMENT FUND Sold out -1,527,000-1.5m
BANK OF MONTREAL /CAN/ Reduced -1,004,000-1.0m
Wellesley Asset Management Reduced -946,000-946.0k
STATE STREET CORP Reduced -550,000-550.0k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.45% of their portfolio New York, NY 88,548,00088.5m $80.3m $80.3m 0.45% Unchanged
2 Wellesley Asset Management 2.52% of their portfolio PORTSMOUTH, NH 26,517,00026.5m $24.0m $24.0m 2.52% Reduced -946.0k -946,000
3 BlackRock, Inc. 0.00% of their portfolio New York, NY 24,408,00024.4m $22.0m $22.0m 0.00% Added +5.3m +5,325,000
4 Davidson Kempner Capital Management LP 0.32% of their portfolio New York, NY 20,000,00020.0m $18.0m $18.0m 0.32% Reduced -3.0m -3,000,000
5 CAMDEN ASSET MANAGEMENT L P /CA 0.60% of their portfolio Los Angeles, CA 19,548,00019.5m $17.6m $17.6m 0.60% Added +5.0m +5,000,000
6 ADVENT CAPITAL MANAGEMENT /DE/ 0.46% of their portfolio NEW YORK, NY 16,953,00017.0m $15.5m $15.5m 0.46% Reduced -2.0m -2,032,000
7 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 11,004,00011.0m $10.0m $10.0m 0.02% Reduced -285.0k -285,000
8 TD Asset Management Inc 0.01% of their portfolio Toronto, A6 9,730,0009.7m $8.8m $8.8m 0.01% Added +1.4m +1,400,000
9 OAKTREE CAPITAL MANAGEMENT LP 0.14% of their portfolio LOS ANGELES, CA 9,376,0009.4m $8.5m $8.5m 0.14% Reduced -10.8m -10,844,000
10 LORD, ABBETT & CO. LLC 0.03% of their portfolio JERSEY CITY, NJ 9,215,0009.2m $8.3m $8.3m 0.03% Reduced -21.3m -21,272,000
11 ABSOLUTE INVESTMENT ADVISERS, LLC 0.96% of their portfolio ROSEMARY BEACH, FL 9,000,0009.0m $8.2m $8.2m 0.96% Unchanged
12 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 7,815,0007.8m $7.1m $7.1m 0.00% New
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 7,375,0007.4m $6.7m $6.7m 0.00% Reduced -550.0k -550,000
14 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 7,216,0007.2m $6.5m $6.5m 0.00% New
15 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 6,915,0006.9m $6.2m $6.2m 0.00% Added +4.2m +4,224,000
16 Nicholas Investment Partners, LP 0.45% of their portfolio RANCHO SANTA FE, CA 6,900,0006.9m $6.2m $6.2m 0.45% Added +1.0m +1,000,000
17 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.64% of their portfolio Miamisburg, OH 6,000,0006.0m $5.4m $5.4m 0.64% Unchanged
18 Parallax Volatility Advisers, L.P. 0.20% of their portfolio San Francisco, CA 5,000,0005.0m $4.6m $4.6m 0.20% Unchanged
19 Virtus Fixed Income Advisers, LLC 2.17% of their portfolio HARTFORD, CT 2,950,0003.0m $2.7m $2.7m 2.17% Unchanged
20 Kohlberg Kravis Roberts & Co. L.P. 0.05% of their portfolio NEW YORK, NY 2,802,0002.8m $2.5m $2.5m 0.05% Reduced -362.0k -362,000
21 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 2,570,0002.6m $2.3m $2.3m 0.00% Added +20.0k +20,000
22 Cutler Capital Management, LLC 0.58% of their portfolio WORCESTER, MA 2,345,0002.3m $2.1m $2.1m 0.58% Added +1.8m +1,775,000
23 Ares Systematic Credit Ltd 1.58% of their portfolio LONDON, X0 2,200,0002.2m $2.0m $2.0m 1.58% Added +2.1m +2,100,000
24 Pinnacle Holdings, LLC 0.52% of their portfolio TULSA, OK 1,785,0001.8m $1.6m $1.6m 0.52% Added +625.0k +625,000
25 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,714,0001.7m $1.6m $1.6m 0.00% Reduced -2.3m -2,292,000
26 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 1,673,0001.7m $1.5m $1.5m 0.00% Reduced -1.0m -1,004,000
27 SSI INVESTMENT MANAGEMENT LLC 0.10% of their portfolio Los Angeles, CA 1,650,0001.6m $1.5m $1.5m 0.10% New
28 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,508,0001.5m $1.4m $1.4m 0.00% Reduced -62.0k -62,000
29 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,075,0001.1m $981.6k $981.6k 0.00% New
30 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,000,0001.0m $907.0k $907.0k 0.00% New
31 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 700,000700.0k $633.5k $633.5k 0.00% Added +200.0k +200,000
32 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 538,000538.0k $485.3k $485.3k 0.00% New
33 UBS Group AG 0.00% of their portfolio ZURICH, V8 168,000168.0k $151.5k $151.5k 0.00% New
34 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 119,000119.0k $107.7k $107.7k 0.00% Reduced -96.0k -96,000
35 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 75,00075.0k $67.7k $67.7k 0.00% Unchanged
36 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 75,00075.0k $68.0k $68.0k 0.00% Unchanged
37 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 45,10045.1k $45.1k $45.1k 0.00% Reduced -1.8k -1,775
38 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 42,00042.0k $38.0k $38.0k 0.00% Reduced -34.0k -34,000
39 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 27,00027.0k $24.4k $24.4k 0.00% Reduced -100.0k -100,000
40 VIRTUS ADVISERS, LLC 0.01% of their portfolio HARTFORD, CT 25,00025.0k $22.6k $22.6k 0.01% New
41 HB Wealth Management, LLC 0.00% of their portfolio Atlanta, GA 25,00025.0k $22.6k $22.6k 0.00% New
42 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 16,00016.0k $14.4k $14.4k 0.00% Unchanged
43 FIRST HORIZON CORP 0.00% of their portfolio MEMPHIS, TN 15,00015.0k $13.5k $13.5k 0.00% Unchanged
44 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 12,00012.0k $10.8k $10.8k 0.00% Reduced -2.0k -2,000
45 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 11,00011.0k $9.9k $9.9k 0.00% Unchanged
46 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 8,0008.0k $7.2k $7.2k 0.00% New
47 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 7,0007.0k $6.3k $6.3k 0.00% New
48 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 3,0003.0k $2.7k $2.7k 0.00% Unchanged