Vault-13

TRITON INTL LTD TRTN

CL A · Common Stock · CUSIP G9078F107 · ISIN BMG9078F1077

294 institutional holders -1 vs Q1 2023
41,573,51841.6m shares reported held*
$3.5bnreported value*
66 new 55 added 132 reduced 68 sold out net sold ≈ $57.8m (-1.3m 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 ($107.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $83.22. Options: 11 managers hold calls ($54.9m notional), 12 hold puts ($38.4m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 276Q4 22: 301Q1 23: 295Q2 23: 294294Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022276
Q4 2022301
Q1 2023295
Q2 2023294

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 137 bought or addedQ4 22: 143 cut or sold outQ4 22Q1 23: 126 bought or addedQ1 23: 151 cut or sold outQ1 23Q2 23: 121 bought or addedQ2 23: 200 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022137143
Q1 2023126151
Q2 2023121200

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ3 22 calls: $110.4mQ3 22 puts: $40.5mQ3 22P/C 0.37Q4 22 calls: $123.1mQ4 22 puts: $98.5mQ4 22P/C 0.80Q1 23 calls: $102.0mQ1 23 puts: $33.4mQ1 23P/C 0.33Q2 23 calls: $54.9mQ2 23 puts: $38.4mQ2 23P/C 0.70
Numbers
QuarterCallsPutsP/C
Q3 2022$110.4m$40.5m0.37
Q4 2022$123.1m$98.5m0.80
Q1 2023$102.0m$33.4m0.33
Q2 2023$54.9m$38.4m0.70

Biggest buyers

Pentwater Capital Management LP New +1,803,500+1.8m
GLAZER CAPITAL, LLC New +1,282,699+1.3m
Magnetar Financial LLC New +1,012,911+1.0m
Balyasny Asset Management L.P. New +952,195+952.2k
ALPINE ASSOCIATES MANAGEMENT INC. New +829,026+829.0k
Grantham, Mayo, Van Otterloo & Co. LLC New +439,839+439.8k
MILLENNIUM MANAGEMENT LLC Added +400,043+400.0k
Carlson Capital, L.P. New +385,000+385.0k
Verition Fund Management LLC New +380,064+380.1k
WATER ISLAND CAPITAL LLC New +309,687+309.7k

Biggest sellers

VANGUARD GROUP INC Reduced -2,203,400-2.2m
LSV ASSET MANAGEMENT Reduced -1,718,740-1.7m
AMERICAN CENTURY COMPANIES INC Reduced -807,408-807.4k
ENVESTNET ASSET MANAGEMENT INC Reduced -668,649-668.6k
Brandywine Global Investment Management, LLC Sold out -538,754-538.8k
DIMENSIONAL FUND ADVISORS LP Reduced -536,913-536.9k
WASATCH ADVISORS LP Sold out -472,558-472.6k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -400,055-400.1k
VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. Sold out -347,013-347.0k
DONALD SMITH & CO., INC. Reduced -302,028-302.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $23.0m276.2k shares
GROUP ONE TRADING LLC Reduced $8.9m106.6k shares
CITADEL ADVISORS LLC Reduced $8.0m95.9k shares
PEAK6 Investments LLC Reduced $7.0m84.1k shares
Walleye Trading LLC Added $3.7m44.1k shares
D. E. Shaw & Co., Inc. Reduced $3.5m42.1k shares
JANE STREET GROUP, LLC Reduced $516.2k6.2k shares
SIMPLEX TRADING, LLC Reduced $366.0k4.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Reduced $0100 shares

Biggest puts

PEAK6 Investments LLC Reduced $15.8m190.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $6.1m73.7k shares
GROUP ONE TRADING LLC Added $4.1m48.8k shares
CITADEL ADVISORS LLC Reduced $3.5m42.4k shares
PICTON MAHONEY ASSET MANAGEMENT New $2.5m29.8k shares
SIMPLEX TRADING, LLC Reduced $1.8m21.2k shares
EQUITEC PROPRIETARY MARKETS, LLC New $1.7m20.1k shares
Walleye Trading LLC Added $1.5m18.1k shares
Walleye Capital LLC Reduced $666.1k8.0k shares
Mint Tower Capital Management B.V. New $416.0k5.0k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 5,573,3615.6m $464.0m $464.0m 0.01% Reduced -2.2m -2,203,400
2 DIMENSIONAL FUND ADVISORS LP 0.10% of their portfolio AUSTIN, TX 3,955,6294.0m $329.3m $329.3m 0.10% Reduced -536.9k -536,913
3 BlackRock Inc. 0.01% of their portfolio New York, NY 3,850,3723.9m $320.6m $320.6m 0.01% Reduced -242.8k -242,766
4 Brookfield Corp /ON/ 0.87% of their portfolio TORONTO, A6 2,650,0002.6m $220.6m $220.6m 0.87% Unchanged
5 Pentwater Capital Management LP 1.88% of their portfolio Naples, FL 1,803,5001.8m $150.2m $150.2m 1.88% New
6 GLAZER CAPITAL, LLC 7.07% of their portfolio New York, NY 1,282,6991.3m $106.8m $106.8m 7.07% New
7 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 1,185,4511.2m $98.7m $98.7m 0.01% Reduced -164.1k -164,082
8 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,137,2621.1m $95.3m $95.3m 0.01% Reduced -59.5k -59,499
9 GOODNOW INVESTMENT GROUP, LLC 12.50% of their portfolio Darien, CT 1,043,5571.0m $86.9m $86.9m 12.50% Reduced -10.5k -10,460
10 Magnetar Financial LLC 1.85% of their portfolio EVANSTON, IL 1,012,9111.0m $84.3m $84.3m 1.85% New
11 Balyasny Asset Management L.P. 0.22% of their portfolio Chicago, IL 952,195952.2k $79.3m $79.3m 0.22% New
12 FIDUCIARY MANAGEMENT INC /WI/ 0.77% of their portfolio MILWAUKEE, WI 917,486917.5k $76.4m $76.4m 0.77% Added +48.0k +48,035
13 ALPINE ASSOCIATES MANAGEMENT INC. 3.11% of their portfolio PALM BEACH, FL 829,026829.0k $69.0m $69.0m 3.11% New
14 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 803,664803.7k $66.9m $66.9m 0.01% Reduced -28.2k -28,176
15 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 1.32% of their portfolio CHICAGO, IL 746,927746.9k $62.2m $62.2m 1.32% Not comparable
16 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.06% of their portfolio BOSTON, MA 613,665613.7k $51.1m $51.1m 0.06% Reduced -400.1k -400,055
17 NORGES BANK 0.01% of their portfolio OSLO, Q8 607,799607.8k $50.6m $50.6m 0.01% Reduced -14.9k -14,868
18 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 540,950541.0k $45.0m $45.0m 0.01% Added +217.2k +217,189
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 540,209540.2k $45.0m $45.0m 0.00% Reduced -58.7k -58,718
20 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 458,862458.9k $38.2m $38.2m 0.01% Reduced -27.1k -27,066
21 Grantham, Mayo, Van Otterloo & Co. LLC 0.17% of their portfolio Boston, MA 439,839439.8k $36.6m $36.6m 0.17% New
22 VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio San Antonio, TX 436,468436.5k $36.3m $36.3m 0.04% Reduced -114.2k -114,186
23 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 408,479408.5k $34.0m $34.0m 0.04% Added +400.0k +400,043
24 Carlson Capital, L.P. 2.75% of their portfolio DALLAS, TX 385,000385.0k $32.1m $32.1m 2.75% New
25 PICTON MAHONEY ASSET MANAGEMENT 1.57% of their portfolio Toronto, A6 385,000385.0k $32.1m $32.1m 1.57% Added +239.6k +239,637
26 Verition Fund Management LLC 0.49% of their portfolio GREENWICH, CT 380,064380.1k $31.6m $31.6m 0.49% New
27 Taconic Capital Advisors LP 1.63% of their portfolio NEW YORK, NY 325,000325.0k $27.1m $27.1m 1.63% Not comparable
28 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 309,761309.8k $25.8m $25.8m 0.00% Added +88.9k +88,938
29 WATER ISLAND CAPITAL LLC 2.40% of their portfolio NEW YORK, NY 309,687309.7k $25.8m $25.8m 2.40% New
30 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 305,162305.2k $25.4m $25.4m 0.01% Added +231.3k +231,335
31 Qube Research & Technologies Ltd 0.09% of their portfolio LONDON, X0 268,540268.5k $22.4m $22.4m 0.09% Added +245.9k +245,896
32 DONALD SMITH & CO., INC. 0.73% of their portfolio NEW YORK, NY 254,191254.2k $21.2m $21.2m 0.73% Reduced -302.0k -302,028
33 VALLEY WEALTH MANAGERS, INC. 1.70% of their portfolio PARAMUS, NJ 227,858227.9k $19.0m $19.0m 1.70% Reduced -12.6k -12,623
34 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 220,046220.0k $18.3m $18.3m 0.00% Added +98.4k +98,366
35 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 216,929216.9k $18.1m $18.1m 0.00% Reduced -16.5k -16,499
36 AQR Arbitrage LLC 0.74% of their portfolio Greenwich, CT 206,870206.9k $17.2m $17.2m 0.74% New
37 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 206,488206.5k $17.2m $17.2m 0.01% Reduced -36.6k -36,571
38 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 196,936196.9k $16.4m $16.4m 0.01% Added +158.4k +158,352
39 GW&K Investment Management, LLC 0.15% of their portfolio BOSTON, MA 193,755193.8k $16.1m $16.1m 0.15% Reduced -5.1k -5,125
40 UBS Group AG 0.01% of their portfolio ZURICH, V8 179,811179.8k $15.0m $15.0m 0.01% Reduced -90.3k -90,335
41 Woodline Partners LP 0.17% of their portfolio San Francisco, CA 168,039168.0k $14.0m $14.0m 0.17% New
42 TWO SIGMA ADVISERS, LP 0.03% of their portfolio NEW YORK, NY 154,100154.1k $12.8m $12.8m 0.03% Reduced -83.9k -83,900
43 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 146,750146.8k $12.2m $12.2m 0.00% Reduced -181.3k -181,258
44 PARK CIRCLE Co 11.29% of their portfolio BALTIMORE, MD 143,980144.0k $12.0m $12.0m 11.29% Unchanged
45 GABELLI FUNDS LLC 0.09% of their portfolio Rye, NY 141,429141.4k $11.8m $11.8m 0.09% New
46 CHURCHILL MANAGEMENT Corp 0.20% of their portfolio Los Angeles, CA 138,769138.8k $11.6m $11.6m 0.20% Added +219 +219
47 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 127,492127.5k $10.6m $10.6m 0.01% Reduced -12.4k -12,354
48 Allianz Asset Management GmbH 0.02% of their portfolio MUNICH, 2M 125,460125.5k $10.4m $10.4m 0.02% Reduced -8.3k -8,339
49 GABELLI & Co INVESTMENT ADVISERS, INC. 1.75% of their portfolio Rye, NY 125,350125.3k $10.4m $10.4m 1.75% New
50 BARDIN HILL MANAGEMENT PARTNERS LP 2.66% of their portfolio NEW YORK, NY 121,500121.5k $10.1m $10.1m 2.66% New
51 Swiss National Bank 0.01% of their portfolio ZURICH, V8 119,300119.3k $9.9m $9.9m 0.01% Reduced -7.6k -7,600
52 CIBC Private Wealth Group LLC 0.01% of their portfolio ATLANTA, GA 118,983119.0k $9.9m $9.9m 0.01% Added +88.6k +88,594
53 KESTREL INVESTMENT MANAGEMENT CORP 4.90% of their portfolio SAN MATEO, CA 106,500106.5k $8.9m $8.9m 4.90% Reduced -6.2k -6,200
54 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 84,80784.8k $7.1m $7.1m 0.01% Reduced -14.7k -14,693
55 Yakira Capital Management, Inc. 1.79% of their portfolio Westport, CT 81,10981.1k $6.8m $6.8m 1.79% New
56 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 80,40380.4k $6.7m $6.7m 0.01% Reduced -1.5k -1,531
57 Legal & General Group Plc 0.00% of their portfolio London, X0 80,24080.2k $6.7m $6.7m 0.00% Added +25.6k +25,614
58 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 74,36174.4k $6.2m $6.2m 0.01% Added +70.3k +70,332
59 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 71,12071.1k $4.5m $4.5m 0.00% Unchanged
60 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.14% of their portfolio HOUSTON, TX 70,40070.4k $5.9m $5.9m 0.14% Unchanged
61 Alpine Global Management, LLC 0.82% of their portfolio NEW YORK, NY 67,94267.9k $5.7m $5.7m 0.82% New
62 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 66,80166.8k $5.6m $5.6m 0.01% Reduced -7.0k -6,984
63 Centiva Capital, LP 0.27% of their portfolio New York, NY 65,10665.1k $5.4m $5.4m 0.27% Added +55.5k +55,545
64 MOORE CAPITAL MANAGEMENT, LP 0.13% of their portfolio NEW YORK, NY 65,00065.0k $5.4m $5.4m 0.13% New
65 GRACE & WHITE INC /NY 0.98% of their portfolio NY, NY 64,27264.3k $5.4m $5.4m 0.98% Reduced -900 -900
66 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio JUPITER, FL 63,50263.5k $5.3m $5.3m 0.02% Reduced -56.0k -56,010
67 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 62,91962.9k $5.2m $5.2m 0.01% Reduced -186.3k -186,331
68 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 61,46961.5k $5.1m $5.1m 0.00% Reduced -94.4k -94,394
69 Shilanski & Associates, Inc. 2.03% of their portfolio ANCHORAGE, AK 60,36060.4k $5.0m $5.0m 2.03% Added +1.1k +1,149
70 Oasis Management Co Ltd. 1.74% of their portfolio GRAND CAYMAN, E9 60,00060.0k $5.0m $5.0m 1.74% New
71 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 59,05659.1k $4.9m $4.9m 0.00% Reduced -5.4k -5,400
72 FOSTER & MOTLEY INC 0.36% of their portfolio CINCINNATI, OH 56,34756.3k $4.7m $4.7m 0.36% Reduced -1.1k -1,129
73 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 54,49354.5k $4.5m $4.5m 0.00% Reduced -668.6k -668,649
74 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 53,14453.1k $4.4m $4.4m 0.01% Reduced -3.1k -3,075
75 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 51,17151.2k $4.3m $4.3m 0.01% New
76 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 46,08546.1k $3.8m $3.8m 0.00% Reduced -19.2k -19,226
77 CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio TORONTO ONTARIO, A6 44,40044.4k $3.7m $3.7m 0.01% New
78 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 42,44042.4k $3.5m $3.5m 0.01% Reduced -2.8k -2,765
79 LEUTHOLD GROUP, LLC 0.44% of their portfolio MINNEAPOLIS, MN 41,24541.2k $3.4m $3.4m 0.44% Reduced -1.3k -1,307
80 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 40,97241.0k $3.4m $3.4m 0.01% Reduced -76.8k -76,776
81 EHP Funds Inc. 0.83% of their portfolio TORONTO, Z4 34,99735.0k $2.9m $2.9m 0.83% New
82 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 34,84834.8k $2.9m $2.9m 0.00% Added +24.7k +24,743
83 NATIXIS 0.02% of their portfolio PARIS, I0 34,44134.4k $2.9m $2.9m 0.02% New
84 GROUP ONE TRADING LLC 0.12% of their portfolio CHICAGO, IL 34,39934.4k $2.9m $2.9m 0.12% New
85 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 33,58333.6k $2.8m $2.8m 0.00% Reduced -807.4k -807,408
86 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 32,94432.9k $2.7m $2.7m 0.00% Reduced -52.4k -52,441
87 BCK CAPITAL MANAGEMENT LP 2.08% of their portfolio STAMFORD, CT 32,75032.8k $2.7m $2.7m 2.08% New
88 PRELUDE CAPITAL MANAGEMENT, LLC 0.23% of their portfolio NEW YORK, NY 32,73732.7k $2.7m $2.7m 0.23% New
89 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 32,57132.6k $2.7m $2.7m 0.01% Reduced -24.5k -24,500
90 Knights of Columbus Asset Advisors LLC 0.23% of their portfolio NEW HAVEN, CT 31,16131.2k $2.6m $2.6m 0.23% Reduced -18.0k -17,975
91 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 30,78130.8k $2.6m $2.6m 0.01% Reduced -4.3k -4,336
92 MERITAGE PORTFOLIO MANAGEMENT 0.18% of their portfolio OVERLAND PARK, KS 30,70330.7k $2.6m $2.6m 0.18% Reduced -1.9k -1,871
93 MetLife Investment Management, LLC 0.02% of their portfolio Whippany, NJ 28,78328.8k $2.4m $2.4m 0.02% Reduced -1.7k -1,748
94 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 28,51528.5k $2.4m $2.4m 0.00% Reduced -92.2k -92,213
95 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 27,83427.8k $2.3m $2.3m 0.00% Unchanged
96 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 27,62027.6k $2.3m $2.3m 0.00% Reduced -27.8k -27,765
97 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 27,41027.4k $2.3m $2.3m 0.00% Reduced -20.1k -20,122
98 AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio New York, NY 26,29426.3k $2.2m $2.2m 0.01% Reduced -1.8k -1,841
99 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 25,72825.7k $2.1m $2.1m 0.00% Reduced -2.6k -2,554
100 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 25,58425.6k $2.1m $2.1m 0.00% Added +657 +657