ETSY INC
BOND
CUSIP: 29786AAL0
Institutional Holders50
Total Institutional Value$795,946,897
Total Shares Held652,649,300
Avg Position$15,918,938
Top 5 Holders %62.5%
Alpha-Weighted Score62.1
New Positions+4
Exited Positions-6
Top 15 Institutional Holders by Value
■ New ■ Increased ■ Decreased ■ Unchanged
Institutional Holders — Q4 25
| Manager | Alpha | Flow | Value | Shares | Change |
|---|---|---|---|---|---|
| SEGESPAR | High Conviction | Market Mover | $230,875,000 (29.0%) | 2,500,000 | NEW |
| VOYA INVESTMENT MANAGEMENT LLC | Moderate Conviction | Market Mover | $95,182,213 (12.0%) | 102,650,000 | -8.5% |
| TENOR CAPITAL MANAGEMENT CO., L.P. | High Conviction | Moderate Flow | $64,706,236 (8.1%) | 69,639,000 | - |
| SHAW D E & CO INC | Moderate Conviction | Market Mover | $57,785,023 (7.3%) | 62,250,000 | 29.1% |
| WEISS CAPITAL LLC | High Conviction | Moderate Flow | $49,229,764 (6.2%) | 53,010,000 | 38.8% |
| LINDEN ADVISORS LP | High Conviction | Moderate Flow | $42,713,944 (5.4%) | 45,982,000 | -29.9% |
| FRANKLIN RESOURCES INC | High Conviction | Market Mover | $41,325,678 (5.2%) | 44,568,000 | -24.9% |
| WOLVERINE ASSET MANAGEMENT LLC | Moderate Conviction | Significant Flow | $35,612,439 (4.5%) | 38,380,000 | 93.2% |
| OPTI CAPITAL MANAGEMENT, LP | Moderate Conviction | Low Flow | $27,843,000 (3.5%) | 30,000,000 | - |
| ADVENT CAPITAL MANAGEMENT /DE/ | Moderate Conviction | Low Flow | $22,759,456 (2.9%) | 24,534,000 | -8.0% |
| VERITION FUND MANAGEMENT LLC | High Conviction | Significant Flow | $21,790,375 (2.7%) | 23,500,000 | -5.6% |
| MILLENNIUM MANAGEMENT, L.L.C. | Moderate Conviction | Market Mover | $14,748,090 (1.9%) | 15,878,000 | - |
| JPMORGAN CHASE & CO | High Conviction | Market Mover | $12,513,126 (1.6%) | 13,457,000 | -18.1% |
| STATE STREET CORP | High Conviction | Market Mover | $12,083,568 (1.5%) | 13,050,000 | - |
| WELLINGTON MANAGEMENT GROUP LLP | High Conviction | Market Mover | $10,242,367 (1.3%) | 11,042,000 | -16.9% |
| TORONTO DOMINION BANK | High Conviction | Significant Flow | $8,204,750 (1.0%) | 8,904,000 | 34.8% |
| BLACKROCK FUNDING, INC. /DE | High Conviction | Market Mover | $7,617,028 (1.0%) | 8,248,000 | 34.7% |
| BANK OF MONTREAL /CAN/ | High Conviction | Market Mover | $5,211,865 (0.7%) | 5,605,000 | 2.6% |
| UBS Group AG | Moderate Conviction | Market Mover | $3,754,028 (0.5%) | 4,065,000 | -70.3% |
| RG CAPITAL MANAGEMENT LP | High Conviction | Low Flow | $3,717,088 (0.5%) | 4,025,000 | -65.2% |
| CONTEXT CAPITAL MANAGEMENT, LLC | High Conviction | Low Flow | $3,477,188 (0.4%) | 3,750,000 | NEW |
| MAN GROUP PLC | High Conviction | Significant Flow | $3,226,614 (0.4%) | 3,470,000 | - |
| CGNU PLC | High Conviction | Significant Flow | $2,822,388 (0.4%) | 3,060,000 | - |
| STATE OF WISCONSIN INVESTMENT BOARD | High Conviction | Significant Flow | $2,770,500 (0.3%) | 3,000,000 | - |
| LOMBARD ODIER ASSET MANAGEMENT (EUROPE) LTD | Moderate Conviction | Low Flow | $2,324,638 (0.3%) | 2,500,000 | NEW |
| NEW YORK STATE COMMON RETIREMENT FUND | High Conviction | Market Mover | $1,946,738 (0.2%) | 2,108,000 | -96.3% |
| DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN | High Conviction | Market Mover | $1,903,815 (0.2%) | 2,050,000 | - |
| KIM, LLC | Moderate Conviction | Low Flow | $1,854,500 (0.2%) | 2,000,000 | - |
| FMR LLC | High Conviction | Market Mover | $1,847,000 (0.2%) | 2,000,000 | - |
| CUTLER CAPITAL MANAGEMENT, LLC | High Conviction | Minimal Flow | $1,759,268 (0.2%) | 1,905,000 | - |
| GOLDMAN SACHS GROUP INC | High Conviction | Market Mover | $1,429,578 (0.2%) | 1,548,000 | - |
| CITIGROUP INC | Moderate Conviction | Market Mover | $1,388,021 (0.2%) | 1,503,000 | 37,628.2% |
| COLONY GROUP, LLC | High Conviction | Significant Flow | $1,162,685 (0.1%) | 1,260,000 | NEW |
| BANK OF AMERICA CORP /DE/ | Moderate Conviction | Market Mover | $569,800 (0.1%) | 617,000 | 58.9% |
| LAZARD ASSET MANAGEMENT LLC | High Conviction | Significant Flow | $298,880 (0.0%) | 32,233,000 | 45.1% |
| SSI INVESTMENT MANAGEMENT LLC | Moderate Conviction | Low Flow | $256,734 (0.0%) | 278,000 | -13.0% |
| MORGAN STANLEY | Moderate Conviction | Market Mover | $236,416 (0.0%) | 256,000 | - |
| INCOME RESEARCH & MANAGEMENT | Moderate Conviction | Minimal Flow | $207,788 (0.0%) | 225,000 | 222.7% |
| ROYAL BANK OF CANADA | High Conviction | Market Mover | $148,000 (0.0%) | 160,000 | -65.6% |
| TRUIST FINANCIAL CORP | High Conviction | Significant Flow | $47,099 (0.0%) | 51,000 | - |
| WELLS FARGO & COMPANY/MN | Moderate Conviction | Market Mover | $41,844 (0.0%) | 45,000 | -85.3% |
| GRAHAM CAPITAL WEALTH MANAGEMENT, LLC | High Conviction | Minimal Flow | $23,088 (0.0%) | 25,000 | - |
| RAYMOND JAMES FINANCIAL INC | Moderate Conviction | Market Mover | $14,776 (0.0%) | 16,000 | 60.6% |
| CSS LLC/IL | Moderate Conviction | Low Flow | $13,003 (0.0%) | 14,000 | - |
| INSIGNEO ADVISORY SERVICES, LLC | High Conviction | Low Flow | $11,991 (0.0%) | 13,000 | - |
| Daiwa Securities Group Inc. | High Conviction | Low Flow | $4,637 (0.0%) | 5,000,000 | -37.2% |
| EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC | High Conviction | Minimal Flow | $2,771 (0.0%) | 3,000,000 | - |
| BNP PARIBAS INVESTMENT PARTNERS S.A. | Moderate Conviction | Low Flow | $738 (0.0%) | 800,000 | - |
| INGALLS & SYNDER LLC | Moderate Conviction | Minimal Flow | $352 (0.0%) | 380,000 | -5.9% |
| ALKEN ASSET MANAGEMENT LTD | Moderate Conviction | Minimal Flow | $277 (0.0%) | 300 | - |
| Erste Asset Management GmbH (CIK 0002024532) | High Conviction | Moderate Flow | $0 (0.0%) | 0 | - |
Implied Institutional Price History
Estimated from 13F aggregate market value ÷ shares reported across all institutional filers. Reflects quarter-end snapshot, not actual trade prices.
| Quarter | Filers | Institutional Value | Shares Held | Est. Avg Price |
|---|---|---|---|---|
| Q4 25 | 50 | $0.80B | 654,554,300 | $1.22 |
| Q3 25 | 53 | $0.64B | 731,324,300 | $0.87 |
| Q2 25 | 50 | $0.58B | 674,819,300 | $0.86 |
| Q1 25 | 51 | $0.67B | 749,502,200 | $0.90 |
| Q4 24 | 52 | $0.65B | 767,304,000 | $0.84 |
| Q3 24 | 51 | $0.71B | 828,793,462 | $0.85 |
| Q2 24 | 59 | $0.64B | 761,986,453 | $0.84 |
| Q1 24 | 56 | $0.64B | 763,884,650 | $0.84 |
Source: SEC 13F-HR filings. Implied price = aggregate market value ÷ shares reported. Not investment advice.