Vault-13

WORKIVA INC WK 1.25 08.15.28

NOTE 1.250% 8/1 · US DOMESTIC · CUSIP 98139AAD7

53 institutional holders +3 vs Q3 2025
23,335,00023.3m shares reported held*
$1.7bnreported value*
9 new 10 added 12 reduced 6 sold out net bought ≈ $11.5m (+276.0k 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 ≈ $71.22.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 24: 47Q4 24: 54Q1 25: 61Q2 25: 58Q3 25: 50Q4 25: 5353Q3 24Q4 24Q1 25Q2 25Q3 25Q4 25
Numbers
QuarterHolders
Q3 202447
Q4 202454
Q1 202561
Q2 202558
Q3 202550
Q4 202553

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 24: 24 bought or addedQ4 24: 18 cut or sold outQ4 24Q1 25: 26 bought or addedQ1 25: 25 cut or sold outQ1 25Q2 25: 30 bought or addedQ2 25: 25 cut or sold outQ2 25Q3 25: 24 bought or addedQ3 25: 27 cut or sold outQ3 25Q4 25: 19 bought or addedQ4 25: 18 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q4 20242418
Q1 20252625
Q2 20253025
Q3 20252427
Q4 20251918

Biggest buyers

AQR Arbitrage LLC New +19,580,000+19.6m
WOLVERINE ASSET MANAGEMENT LLC Added +18,799,000+18.8m
DeepCurrents Investment Group LLC Added +14,200,000+14.2m
Amundi New +10,302,000+10.3m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Added +7,500,000+7.5m
Point72 Asset Management, L.P. New +5,000,000+5.0m
BNP PARIBAS FINANCIAL MARKETS Added +4,752,000+4.8m
LAZARD ASSET MANAGEMENT LLC Added +3,552,000+3.6m
Opti Capital Management, LP Added +3,227,000+3.2m
Jefferies Financial Group Inc. New +3,058,000+3.1m

Biggest sellers

Linden Advisors LP Reduced -53,000,000-53.0m
HIGHBRIDGE CAPITAL MANAGEMENT LLC Reduced -13,500,000-13.5m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -5,668,000-5.7m
TRUIST FINANCIAL CORP Sold out -4,164,000-4.2m
NEW YORK STATE COMMON RETIREMENT FUND Reduced -3,060,000-3.1m
CITIGROUP INC Sold out -2,253,000-2.3m
Man Group plc Reduced -1,450,000-1.4m
RWC Asset Management LLP Sold out -1,399,000-1.4m
JPMORGAN CHASE & CO Reduced -862,000-862.0k
FRANKLIN RESOURCES INC Reduced -525,000-525.0k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.44% of their portfolio New York, NY 72,275,00072.3m $71.5m $71.5m 0.44% Reduced -53.0m -53,000,000
2 DeepCurrents Investment Group LLC 2.60% of their portfolio NEW YORK, NY 70,700,00070.7m $70.0m $70.0m 2.60% Added +14.2m +14,200,000
3 WOLVERINE ASSET MANAGEMENT LLC 0.95% of their portfolio CHICAGO, IL 67,532,00067.5m $66.8m $66.8m 0.95% Added +18.8m +18,799,000
4 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 65,950,00066.0m $65.2m $65.2m 0.02% Reduced -525.0k -525,000
5 BlackRock, Inc. 0.00% of their portfolio New York, NY 46,405,00046.4m $45.7m $45.7m 0.00% Added +2.0m +2,050,000
6 ADVENT CAPITAL MANAGEMENT /DE/ 0.81% of their portfolio NEW YORK, NY 35,404,00035.4m $35.2m $35.2m 0.81% Reduced -5.7m -5,668,000
7 Opti Capital Management, LP 2.46% of their portfolio New York, NY 34,000,00034.0m $33.8m $33.8m 2.46% Added +3.2m +3,227,000
8 Calamos Advisors LLC 0.14% of their portfolio NAPERVILLE, IL 33,736,00033.7m $33.5m $33.5m 0.14% Reduced -35.0k -35,000
9 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 31,069,00031.1m $307.4k $307.4k 0.00% Added +3.6m +3,552,000
10 HIGHBRIDGE CAPITAL MANAGEMENT LLC 1.34% of their portfolio NEW YORK, NY 29,234,00029.2m $29.0m $29.0m 1.34% Reduced -13.5m -13,500,000
11 TENOR CAPITAL MANAGEMENT Co., L.P. 0.37% of their portfolio NEW YORK, NY 26,126,00026.1m $26.0m $26.0m 0.37% Unchanged
12 CAMDEN ASSET MANAGEMENT L P /CA 0.53% of their portfolio Los Angeles, CA 21,435,00021.4m $21.1m $21.1m 0.53% Unchanged
13 AQR Arbitrage LLC 0.41% of their portfolio Greenwich, CT 19,580,00019.6m $19.4m $19.4m 0.41% New
14 MacKay Shields LLC 0.58% of their portfolio New York, NY 16,850,00016.9m $16.7m $16.7m 0.58% Reduced -220.0k -220,000
15 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 15,615,00015.6m $15.5m $15.5m 0.00% Added +815.0k +815,000
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 11,438,00011.4m $11.3m $11.3m 0.00% Reduced -190.0k -190,000
17 Amundi 0.28% of their portfolio Paris, I0 10,302,00010.3m $1.0bn $1.0bn 0.28% New
18 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 9,900,0009.9m $9.8m $9.8m 0.01% Added +7.5m +7,500,000
19 SHENKMAN CAPITAL MANAGEMENT INC 0.79% of their portfolio NEW YORK, NY 7,357,0007.4m $7.5m $7.5m 0.79% Added +401.0k +401,000
20 ABSOLUTE INVESTMENT ADVISERS, LLC 0.79% of their portfolio ROSEMARY BEACH, FL 7,000,0007.0m $6.9m $6.9m 0.79% Unchanged
21 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 6,700,0006.7m $6.7m $6.7m 0.01% Unchanged
22 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 5,000,0005.0m $4.9m $4.9m 0.01% New
23 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 4,992,0005.0m $4.9m $4.9m 0.00% Added +4.8m +4,752,000
24 FMR LLC 0.00% of their portfolio BOSTON, MA 4,215,0004.2m $4.2m $4.2m 0.00% Unchanged
25 Ares Systematic Credit Ltd 3.39% of their portfolio LONDON, X0 4,200,0004.2m $4.2m $4.2m 3.39% First filing
26 PALISADE CAPITAL MANAGEMENT, LP 0.12% of their portfolio FORT LEE, NJ 4,094,0004.1m $4.0m $4.0m 0.12% Reduced -86.0k -86,000
27 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 3,896,0003.9m $3.8m $3.8m 0.00% Unchanged
28 Jefferies Financial Group Inc. 0.02% of their portfolio NEW YORK, NY 3,058,0003.1m $3.0m $3.0m 0.02% New
29 Lombard Odier Asset Management (Europe) Ltd 0.15% of their portfolio LONDON, X0 3,002,0003.0m $3.0m $3.0m 0.15% New
30 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 3,000,0003.0m $3.0m $3.0m 0.00% Reduced -3.1m -3,060,000
31 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 3,000,0003.0m $3.0m $3.0m 0.01% Unchanged
32 CSS LLC/IL 0.17% of their portfolio CHICAGO, IL 2,978,0003.0m $2.9m $2.9m 0.17% New
33 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 2,500,0002.5m $2.5m $2.5m 0.00% New
34 Man Group plc 0.00% of their portfolio LONDON, X0 2,480,0002.5m $2.4m $2.4m 0.00% Reduced -1.4m -1,450,000
35 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,034,0002.0m $2.0m $2.0m 0.00% Reduced -862.0k -862,000
36 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 2,000,0002.0m $2.0m $2.0m 0.00% Unchanged
37 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,683,0001.7m $1.7m $1.7m 0.00% Unchanged
38 Kohlberg Kravis Roberts & Co. L.P. 0.01% of their portfolio NEW YORK, NY 711,000711.0k $703.4k $703.4k 0.01% Unchanged
39 SSI INVESTMENT MANAGEMENT LLC 0.03% of their portfolio Los Angeles, CA 523,000523.0k $515.4k $515.4k 0.03% Unchanged
40 INGALLS & SNYDER LLC 0.01% of their portfolio NEW YORK, NY 380,000380.0k $376.0k $376.0k 0.01% Added +5.0k +5,000
41 GROUPAMA ASSET MANAGMENT 0.01% of their portfolio PARIS, I0 350,000350.0k $347.0k $347.0k 0.01% New
42 DNCA FINANCE 0.02% of their portfolio PARIS, I0 350,000350.0k $350.3k $350.3k 0.02% Unchanged
43 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 310,000310.0k $305.5k $305.5k 0.00% Unchanged
44 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $298.1k $298.1k 0.00% Unchanged
45 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 135,000135.0k $133.0k $133.0k 0.00% Unchanged
46 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 126,000126.0k $125.7k $125.7k 0.00% Unchanged
47 Calamos Wealth Management LLC 0.00% of their portfolio NAPERVILLE, IL 110,000110.0k $109.2k $109.2k 0.00% Reduced -21.0k -21,000
48 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 94,00094.0k $92.6k $92.6k 0.00% Unchanged
49 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 65,00065.0k $64.1k $64.1k 0.00% Unchanged
50 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 22,00022.0k $21.7k $21.7k 0.00% Unchanged
51 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 16,00016.0k $15.8k $15.8k 0.00% Unchanged
52 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 12,00012.0k $11.8k $11.8k 0.00% New
53 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 00 $0 $0 0.00% Unchanged