| Holder | Amount | Position Size
($ in 1000's) | As of |
|---|
 Vanguard Group Inc. | 10,616,786 | $1,167,422 | 09/30/2019 |
| TWLO | 10,616,786 | $1,167,422 | 09/30/2019 |
 Morgan Stanley | | $918,878 | 09/30/2019 |
| TWLO | 8,356,310 | $918,860 | 09/30/2019 |
| NOTE 0 | 11,000 | $18 | 09/30/2019 |
| BlackRock Inc. | | $852,214 | 09/30/2019 |
| TWLO | 7,681,564 | $844,666 | 09/30/2019 |
| Call | 45,500 | $5,003 | 09/30/2019 |
| NOTE 0 | 1,525,000 | $2,545 | 09/30/2019 |
| Price T Rowe Associates Inc. MD | 7,498,117 | $824,493 | 09/30/2019 |
| TWLO | 7,498,117 | $824,493 | 09/30/2019 |
| Jennison Associates LLC | 4,842,334 | $532,463 | 09/30/2019 |
| TWLO | 4,842,334 | $532,463 | 09/30/2019 |
| JPMorgan Chase & Co. | | $355,975 | 09/30/2019 |
| TWLO | 3,077,922 | $338,448 | 09/30/2019 |
| BOND | 10,479,000 | $17,527 | 09/30/2019 |
| Allianz Asset Management GmbH | | $354,015 | 09/30/2019 |
| TWLO | 2,603,642 | $286,296 | 09/30/2019 |
| NOTE 0 | 40,900,000 | $67,719 | 09/30/2019 |
| Franklin Resources Inc. | | $343,482 | 09/30/2019 |
| TWLO | 2,481,861 | $272,871 | 09/30/2019 |
| NOTE 0 | 42,250,000 | $70,611 | 09/30/2019 |
| Tybourne Capital Management HK Ltd. | 2,980,584 | $327,745 | 09/30/2019 |
| TWLO | 2,980,584 | $327,745 | 09/30/2019 |
| Dragoneer Investment Group LLC | 2,802,642 | $308,179 | 09/30/2019 |
| TWLO | 2,802,642 | $308,179 | 09/30/2019 |
| Foxhaven Asset Management LP | 2,663,033 | $292,827 | 09/30/2019 |
| TWLO | 2,663,033 | $292,827 | 09/30/2019 |
| State Street Corp | | $287,206 | 09/30/2019 |
| TWLO | 2,348,124 | $258,200 | 09/30/2019 |
| NOTE 0 | 17,385,000 | $29,006 | 09/30/2019 |
| Bank of New York Mellon Corp | | $244,616 | 09/30/2019 |
| TWLO | 2,213,952 | $243,445 | 09/30/2019 |
| NOTE | 700,000 | $1,171 | 09/30/2019 |
| Scge Management L.P. | 2,147,000 | $236,084 | 09/30/2019 |
| TWLO | 2,147,000 | $236,084 | 09/30/2019 |
| FMR LLC | | $227,857 | 09/30/2019 |
| TWLO | 1,936,266 | $212,913 | 09/30/2019 |
| NOTE 0 | 8,955,000 | $14,944 | 09/30/2019 |
| Sands Capital Management LLC | 1,957,158 | $215,209 | 09/30/2019 |
| TWLO | 1,957,158 | $215,209 | 09/30/2019 |
| Victory Capital Management Inc. | 1,699,387 | $186,865 | 09/30/2019 |
| TWLO | 1,699,387 | $186,865 | 09/30/2019 |
| Whale Rock Capital Management LLC | 1,692,764 | $186,136 | 09/30/2019 |
| TWLO | 1,692,764 | $186,136 | 09/30/2019 |
| Bank of America Corp DE | | $182,570 | 09/30/2019 |
| TWLO | 1,176,744 | $129,396 | 09/30/2019 |
| NOTE 0 | 31,864,000 | $53,174 | 09/30/2019 |
| Geode Capital Management LLC | 1,211,781 | $133,156 | 09/30/2019 |
| TWLO | 1,211,781 | $133,156 | 09/30/2019 |
| Wells Fargo & Company MN | | $119,101 | 09/30/2019 |
| TWLO | 939,104 | $103,263 | 09/30/2019 |
| NOTE 0 | 9,408,000 | $15,789 | 09/30/2019 |
| Call | 20,000 | $49 | 09/30/2019 |
| Tiger Global Management LLC | 1,079,000 | $118,647 | 09/30/2019 |
| TWLO | 1,079,000 | $118,647 | 09/30/2019 |
| Generation Investment Management LLP | 932,356 | $102,522 | 09/30/2019 |
| TWLO | 932,356 | $102,522 | 09/30/2019 |
| D1 Capital Partners L.P. | 907,300 | $99,767 | 09/30/2019 |
| TWLO | 907,300 | $99,767 | 09/30/2019 |
| Invesco Ltd. | | $96,450 | 09/30/2019 |
| TWLO | 795,197 | $87,439 | 09/30/2019 |
| NOTE 0 | 5,400,000 | $9,011 | 09/30/2019 |
| Bain Capital Venture Investors LLC | 836,799 | $92,014 | 09/30/2019 |
| TWLO | 836,799 | $92,014 | 09/30/2019 |
| First Trust Advisors LP | 834,907 | $91,806 | 09/30/2019 |
| TWLO | 834,907 | $91,806 | 09/30/2019 |
| Eventide Asset Management LLC | 827,000 | $90,937 | 09/30/2019 |
| TWLO | 827,000 | $90,937 | 09/30/2019 |
| Calamos Advisors LLC | | $88,577 | 09/30/2019 |
| CONVERTIBLE SECURITY | 31,098,000 | $51,990 | 09/30/2019 |
| Call | 200,000 | $21,992 | 09/30/2019 |
| TWLO | 132,733 | $14,595 | 09/30/2019 |
| Northern Trust Corp | 801,348 | $88,116 | 09/30/2019 |
| TWLO | 801,348 | $88,116 | 09/30/2019 |
| Coatue Management LLC | 783,840 | $86,191 | 09/30/2019 |
| TWLO | 783,840 | $86,191 | 09/30/2019 |
| Pictet Asset Management Ltd. | 764,045 | $84,014 | 09/30/2019 |
| TWLO | 764,045 | $84,014 | 09/30/2019 |
| Waddell & Reed Financial Inc. | 745,763 | $82,004 | 09/30/2019 |
| TWLO | 745,763 | $82,004 | 09/30/2019 |
| Ameriprise Financial Inc. | | $81,192 | 09/30/2019 |
| TWLO | 647,505 | $71,179 | 09/30/2019 |
| CONV BND | 6,000,000 | $10,013 | 09/30/2019 |
| Sumitomo Mitsui Trust Holdings Inc. | 735,186 | $80,841 | 09/30/2019 |
| TWLO | 735,186 | $80,841 | 09/30/2019 |
| Jericho Capital Asset Management L.P. | 724,665 | $79,684 | 09/30/2019 |
| TWLO | 724,665 | $79,684 | 09/30/2019 |
| Legal & General Group Plc | 684,370 | $75,228 | 09/30/2019 |
| TWLO | 684,370 | $75,228 | 09/30/2019 |
| Nuveen Asset Management LLC | 664,671 | $73,088 | 09/30/2019 |
| TWLO | 664,671 | $73,088 | 09/30/2019 |
| UBS Asset Management Americas Inc. | | $72,647 | 09/30/2019 |
| TWLO | 444,995 | $48,932 | 09/30/2019 |
| CONV BD US | 14,200,000 | $23,715 | 09/30/2019 |
| Goldman Sachs Group Inc. | | $72,386 | 09/30/2019 |
| TWLO | 631,817 | $69,475 | 09/30/2019 |
| Call | 23,800 | $2,617 | 09/30/2019 |
| CNV | 176,000 | $294 | 09/30/2019 |
| SQN Investors LP | 635,393 | $69,868 | 09/30/2019 |
| TWLO | 635,393 | $69,868 | 09/30/2019 |
| Partner Fund Management L.P. | 534,889 | $58,816 | 09/30/2019 |
| TWLO | 534,889 | $58,816 | 09/30/2019 |
| Deutsche Bank AG | | $53,311 | 09/30/2019 |
| TWLO | 485,103 | $53,338 | 09/30/2019 |
| Put | 345 | $37 | 09/30/2019 |
| Call | 98 | $10 | 09/30/2019 |
| Wolverine Asset Management LLC | | $52,927 | 09/30/2019 |
| NOTE 0 | 35,980,000 | $60,162 | 09/30/2019 |
| Put | 65,800 | $7,235 | 09/30/2019 |
| Eaton Vance Management | 462,860 | $50,896 | 09/30/2019 |
| TWLO | 462,860 | $50,896 | 09/30/2019 |
| Valinor Management L.P. | 454,683 | $49,997 | 09/30/2019 |
| TWLO | 454,683 | $49,997 | 09/30/2019 |
| Light Street Capital Management LLC | 416,596 | $45,809 | 09/30/2019 |
| TWLO | 416,596 | $45,809 | 09/30/2019 |
| Westfield Capital Management Co. LP | 413,348 | $45,452 | 09/30/2019 |
| TWLO | 413,348 | $45,452 | 09/30/2019 |
| Polar Capital LLP | 411,602 | $45,260 | 09/30/2019 |
| TWLO | 411,602 | $45,260 | 09/30/2019 |
| Deer VIII & Co. Ltd. | 384,927 | $42,327 | 09/30/2019 |
| TWLO | 384,927 | $42,327 | 09/30/2019 |
| New York State Common Retirement Fund | 377,153 | $41,472 | 09/30/2019 |
| TWLO | 377,153 | $41,472 | 09/30/2019 |
| Swiss National Bank | 367,998 | $40,465 | 09/30/2019 |
| TWLO | 367,998 | $40,465 | 09/30/2019 |
| Blair William & Co. IL | 360,439 | $39,634 | 09/30/2019 |
| TWLO | 360,439 | $39,634 | 09/30/2019 |
| Lazard Asset Management LLC | | $36,767 | 09/30/2019 |
| Bond 30 360P2 U | 22,000,000 | $36,767 | 09/30/2019 |
| Asset Management One Co. Ltd. | 327,730 | $36,038 | 09/30/2019 |
| TWLO | 327,730 | $36,038 | 09/30/2019 |
| Russell Investments Group Ltd. | 327,937 | $36,011 | 09/30/2019 |
| TWLO | 327,937 | $36,011 | 09/30/2019 |
| Amundi Pioneer Asset Management Inc. | 327,485 | $36,010 | 09/30/2019 |
| TWLO | 327,485 | $36,010 | 09/30/2019 |
| Charles Schwab Investment Management Inc. | 310,764 | $34,172 | 09/30/2019 |
| TWLO | 310,764 | $34,172 | 09/30/2019 |
| Balyasny Asset Management LLC | 306,905 | $33,747 | 09/30/2019 |
| TWLO | 306,905 | $33,747 | 09/30/2019 |
| Nikko Asset Management Americas Inc. | 305,000 | $33,538 | 09/30/2019 |
| TWLO | 305,000 | $33,538 | 09/30/2019 |
| Point72 Asset Management L.P. | | $31,700 | 09/30/2019 |
| TWLO | 188,285 | $20,704 | 09/30/2019 |
| Call | 100,000 | $10,996 | 09/30/2019 |
| ThornTree Capital Partners LP | 287,022 | $31,561 | 09/30/2019 |
| TWLO | 287,022 | $31,561 | 09/30/2019 |
| Strategy Capital LLC | 278,833 | $30,661 | 09/30/2019 |
| TWLO | 278,833 | $30,661 | 09/30/2019 |
| Credit Suisse AG | | $30,119 | 09/30/2019 |
| TWLO | 213,896 | $23,521 | 09/30/2019 |
| Call | 60,000 | $6,598 | 09/30/2019 |
| Citigroup Inc. | | $29,964 | 09/30/2019 |
| TWLO | 229,487 | $25,235 | 09/30/2019 |
| Call | 157,100 | $17,275 | 09/30/2019 |
| Put | 114,100 | $12,546 | 09/30/2019 |
| Pacific Heights Asset Management LLC | 270,000 | $29,689 | 09/30/2019 |
| TWLO | 270,000 | $29,689 | 09/30/2019 |
| Holocene Advisors LP | 269,003 | $29,580 | 09/30/2019 |
| TWLO | 269,003 | $29,580 | 09/30/2019 |
| California Public Employees Retirement System | 267,106 | $29,371 | 09/30/2019 |
| TWLO | 267,106 | $29,371 | 09/30/2019 |
| Neuberger Berman Group LLC | 260,018 | $28,592 | 09/30/2019 |
| TWLO | 260,018 | $28,592 | 09/30/2019 |
| Steelhead Partners LLC | | $27,585 | 09/30/2019 |
| NOTE 0 | 16,500,000 | $27,585 | 09/30/2019 |
| UBS Group AG | | $27,563 | 09/30/2019 |
| TWLO | 235,266 | $25,870 | 09/30/2019 |
| Call | 76,900 | $8,456 | 09/30/2019 |
| Put | 61,500 | $6,763 | 09/30/2019 |
| Corvex Management LP | 248,000 | $27,270 | 09/30/2019 |
| TWLO | 248,000 | $27,270 | 09/30/2019 |
| Neumann Advisory Hong Kong Ltd | 235,000 | $25,841 | 09/30/2019 |
| TWLO | 235,000 | $25,841 | 09/30/2019 |
| Whetstone Capital Advisors LLC | 229,097 | $25,192 | 09/30/2019 |
| TWLO | 229,097 | $25,192 | 09/30/2019 |
| Columbus Circle Investors | 206,969 | $22,758 | 09/30/2019 |
| TWLO | 206,969 | $22,758 | 09/30/2019 |
| Jane Street Group LLC | | $22,740 | 09/30/2019 |
| Call | 376,500 | $41,400 | 09/30/2019 |
| Put | 218,500 | $24,026 | 09/30/2019 |
| TWLO | 48,807 | $5,366 | 09/30/2019 |
| PointState Capital LP | 206,052 | $22,657 | 09/30/2019 |
| TWLO | 206,052 | $22,657 | 09/30/2019 |
| Davidson Kempner Capital Management LP | 200,000 | $21,992 | 09/30/2019 |
| TWLO | 200,000 | $21,992 | 09/30/2019 |
| Atom Investors LP | 198,050 | $21,778 | 09/30/2019 |
| TWLO | 198,050 | $21,778 | 09/30/2019 |
| California State Teachers Retirement System | 197,770 | $21,747 | 09/30/2019 |
| TWLO | 197,770 | $21,747 | 09/30/2019 |
| Miracle Mile Advisors LLC | 194,826 | $21,423 | 09/30/2019 |
| TWLO | 194,826 | $21,423 | 09/30/2019 |
| Dimensional Fund Advisors LP | 193,988 | $21,328 | 09/30/2019 |
| TWLO | 193,988 | $21,328 | 09/30/2019 |
| Putnam Investments LLC | | $21,191 | 09/30/2019 |
| TWLO | 152,821 | $16,805 | 09/30/2019 |
| CONV | 2,628,000 | $4,386 | 09/30/2019 |
| Susquehanna International Group LLP | | $20,731 | 09/30/2019 |
| Put | 2,580,300 | $283,730 | 09/30/2019 |
| Call | 2,165,200 | $238,085 | 09/30/2019 |
| TWLO | 603,634 | $66,376 | 09/30/2019 |
| Janus Henderson Group PLC | 188,258 | $20,701 | 09/30/2019 |
| TWLO | 188,258 | $20,701 | 09/30/2019 |
| Northwestern Mutual Wealth Management Co. | 188,195 | $20,694 | 09/30/2019 |
| TWLO | 188,195 | $20,694 | 09/30/2019 |
| Clearbridge Investments LLC | 187,756 | $20,646 | 09/30/2019 |
| TWLO | 187,756 | $20,646 | 09/30/2019 |
| Zweig DiMenna Associates LLC | 182,017 | $20,015 | 09/30/2019 |
| TWLO | 182,017 | $20,015 | 09/30/2019 |
| Caisse DE Depot ET Placement DU Quebec | 173,500 | $19,078 | 09/30/2019 |
| TWLO | 173,500 | $19,078 | 09/30/2019 |
| Royal Bank of Canada | | $18,278 | 09/30/2019 |
| Call | 94,200 | $10,358 | 09/30/2019 |
| TWLO | 70,261 | $7,726 | 09/30/2019 |
| NOTE 0 | 182,000 | $304 | 09/30/2019 |
| Put | 1,000 | $110 | 09/30/2019 |
| State Board of Administration of Florida Retirement System | 163,466 | $17,975 | 09/30/2019 |
| TWLO | 163,466 | $17,975 | 09/30/2019 |
| Mirae Asset Global Investments Co. Ltd. | 157,018 | $17,266 | 09/30/2019 |
| TWLO | 157,018 | $17,266 | 09/30/2019 |
| Toronado Partners LLC | 151,605 | $16,670 | 09/30/2019 |
| TWLO | 151,605 | $16,670 | 09/30/2019 |
| Strs Ohio | 151,058 | $16,610 | 09/30/2019 |
| TWLO | 151,058 | $16,610 | 09/30/2019 |
| Bamco Inc. NY | 148,892 | $16,372 | 09/30/2019 |
| TWLO | 148,892 | $16,372 | 09/30/2019 |
| Glynn Capital Management LLC | 147,255 | $16,192 | 09/30/2019 |
| TWLO | 147,255 | $16,192 | 09/30/2019 |
| CSS LLC IL | | $15,590 | 09/30/2019 |
| NOTE 0 | 9,908,000 | $16,580 | 09/30/2019 |
| Put | 9,000 | $990 | 09/30/2019 |
| Parametric Portfolio Associates LLC | 141,556 | $15,565 | 09/30/2019 |
| TWLO | 141,556 | $15,565 | 09/30/2019 |
| Citadel Advisors LLC | | $15,555 | 09/30/2019 |
| Put | 1,140,900 | $125,453 | 09/30/2019 |
| Call | 983,000 | $108,091 | 09/30/2019 |
| TWLO | 299,357 | $32,917 | 09/30/2019 |
| Firsthand Capital Management Inc. | 140,000 | $15,394 | 09/30/2019 |
| TWLO | 140,000 | $15,394 | 09/30/2019 |
| Rhumbline Advisers | 133,908 | $14,725 | 09/30/2019 |
| TWLO | 133,908 | $14,725 | 09/30/2019 |
| Oberndorf William E | 127,774 | $14,050 | 09/30/2019 |
| TWLO | 127,774 | $14,050 | 09/30/2019 |
| Wolverine Trading LLC | | $13,784 | 09/30/2019 |
| Call | 271,300 | $28,910 | 09/30/2019 |
| Put | 163,700 | $17,444 | 09/30/2019 |
| TWLO | 21,752 | $2,318 | 09/30/2019 |
| Telemark Asset Management LLC | 125,000 | $13,745 | 09/30/2019 |
| TWLO | 125,000 | $13,745 | 09/30/2019 |
| Railway Pension Investments Ltd | 123,351 | $13,563 | 09/30/2019 |
| TWLO | 123,351 | $13,563 | 09/30/2019 |
| Melqart Asset Management UK Ltd | 120,000 | $13,195 | 09/30/2019 |
| TWLO | 120,000 | $13,195 | 09/30/2019 |
| BNP Paribas Arbitrage SA | | $13,114 | 09/30/2019 |
| BOND | 5,738,000 | $9,575 | 09/30/2019 |
| TWLO | 39,791 | $4,375 | 09/30/2019 |
| Put | 76 | $836 | 09/30/2019 |
| Seven Eight Capital LP | 117,010 | $12,866 | 09/30/2019 |
| TWLO | 117,010 | $12,866 | 09/30/2019 |
| Jag Capital Management LLC | 116,954 | $12,860 | 09/30/2019 |
| TWLO | 116,954 | $12,860 | 09/30/2019 |
| Nomura Holdings Inc. | | $12,808 | 09/30/2019 |
| TWLO | 131,724 | $14,454 | 09/30/2019 |
| Put | 15,000 | $1,646 | 09/30/2019 |
| AXA | 116,103 | $12,767 | 09/30/2019 |
| TWLO | 116,103 | $12,767 | 09/30/2019 |
| Great West Life Assurance Co. Can | 115,433 | $12,698 | 09/30/2019 |
| TWLO | 115,433 | $12,698 | 09/30/2019 |
| Berkshire Capital Holdings Inc. | 113,960 | $12,531 | 09/30/2019 |
| TWLO | 113,960 | $12,531 | 09/30/2019 |
| Duquesne Family Office LLC | 113,315 | $12,460 | 09/30/2019 |
| TWLO | 113,315 | $12,460 | 09/30/2019 |
| Jefferies Group LLC | | $12,115 | 09/30/2019 |
| Call | 63,700 | $7,004 | 09/30/2019 |
| TWLO | 27,500 | $3,024 | 09/30/2019 |
| NOTE 0 | 1,576,000 | $2,637 | 09/30/2019 |
| Put | 5,000 | $550 | 09/30/2019 |
| Gilder Gagnon Howe & Co. LLC | 104,354 | $11,475 | 09/30/2019 |
| TWLO | 104,354 | $11,475 | 09/30/2019 |
| Parallax Volatility Advisers L.P. | | $11,028 | 09/30/2019 |
| Call | 273,500 | $30,075 | 09/30/2019 |
| Put | 173,300 | $19,057 | 09/30/2019 |
| TWLO | 90 | $10 | 09/30/2019 |
| Ilmarinen Mutual Pension Insurance Co | 100,000 | $10,996 | 09/30/2019 |
| TWLO | 100,000 | $10,996 | 09/30/2019 |
| Raymond James & Associates | 99,893 | $10,984 | 09/30/2019 |
| TWLO | 99,893 | $10,984 | 09/30/2019 |
| Ratan Capital Management LP | 98,098 | $10,787 | 09/30/2019 |
| TWLO | 98,098 | $10,787 | 09/30/2019 |
| Lucha Capital Management LP | 98,020 | $10,778 | 09/30/2019 |
| TWLO | 98,020 | $10,778 | 09/30/2019 |
| Mn Services Vermogensbeheer B.V. | 97,300 | $10,699 | 09/30/2019 |
| TWLO | 97,300 | $10,699 | 09/30/2019 |
| State of Wisconsin Investment Board | 95,789 | $10,533 | 09/30/2019 |
| TWLO | 95,789 | $10,533 | 09/30/2019 |
| Ashford Capital Management Inc. | 94,363 | $10,376 | 09/30/2019 |
| TWLO | 94,363 | $10,376 | 09/30/2019 |
| Advent Capital Management DE | | $9,775 | 09/30/2019 |
| CONV | 5,850,000 | $9,775 | 09/30/2019 |
| TD Asset Management Inc. | 88,418 | $9,722 | 09/30/2019 |
| TWLO | 88,418 | $9,722 | 09/30/2019 |
| Alliancebernstein L.P. | 85,288 | $9,378 | 09/30/2019 |
| TWLO | 85,288 | $9,378 | 09/30/2019 |
| State of New Jersey Common Pension Fund D | 84,000 | $9,237 | 09/30/2019 |
| TWLO | 84,000 | $9,237 | 09/30/2019 |
| Allen Investment Management LLC | 83,400 | $9,171 | 09/30/2019 |
| TWLO | 83,400 | $9,171 | 09/30/2019 |
| Mitsubishi UFJ Trust & Banking Corp | 82,260 | $9,045 | 09/30/2019 |
| TWLO | 82,260 | $9,045 | 09/30/2019 |
| Cowbird Capital LP | 81,134 | $8,921 | 09/30/2019 |
| TWLO | 81,134 | $8,921 | 09/30/2019 |
| Barclays PLC | | $8,895 | 09/30/2019 |
| Put | 205,600 | $22,608 | 09/30/2019 |
| Call | 125,800 | $13,833 | 09/30/2019 |
| BOND | 5,667,000 | $9,478 | 09/30/2019 |
| TWLO | 74,495 | $8,192 | 09/30/2019 |
| APG Asset Management N.V. | 85,441 | $8,618 | 09/30/2019 |
| TWLO | 85,441 | $8,618 | 09/30/2019 |
| Tudor Investment Corp Et Al | 75,749 | $8,329 | 09/30/2019 |
| TWLO | 75,749 | $8,329 | 09/30/2019 |
| Oak Grove Capital LLC | 74,415 | $8,183 | 09/30/2019 |
| TWLO | 74,415 | $8,183 | 09/30/2019 |
| Formula Growth Ltd. | 72,312 | $7,951 | 09/30/2019 |
| TWLO | 72,312 | $7,951 | 09/30/2019 |
| JS Capital Management LLC | 71,818 | $7,897 | 09/30/2019 |
| TWLO | 71,818 | $7,897 | 09/30/2019 |
| EULAV Asset Management | 71,000 | $7,807 | 09/30/2019 |
| TWLO | 71,000 | $7,807 | 09/30/2019 |
| Vantis Investment Advisers L.P. | 70,600 | $7,763 | 09/30/2019 |
| TWLO | 70,600 | $7,763 | 09/30/2019 |
| Hsbc Holdings PLC | 69,744 | $7,670 | 09/30/2019 |
| TWLO | 69,744 | $7,670 | 09/30/2019 |
| ARK Investment Management LLC | 66,094 | $7,268 | 09/30/2019 |
| TWLO | 66,094 | $7,268 | 09/30/2019 |
| Public Employees Retirement System of Ohio | 65,283 | $7,179 | 09/30/2019 |
| TWLO | 65,283 | $7,179 | 09/30/2019 |
| Man Group plc | 62,459 | $6,868 | 09/30/2019 |
| TWLO | 62,459 | $6,868 | 09/30/2019 |
| Riverpark Capital Management LLC | 60,863 | $6,693 | 09/30/2019 |
| TWLO | 60,863 | $6,693 | 09/30/2019 |
| Mark Asset Management LP | 60,527 | $6,656 | 09/30/2019 |
| TWLO | 60,527 | $6,656 | 09/30/2019 |
| Avalon Global Asset Management LLC | | $6,598 | 09/30/2019 |
| Call | 60,000 | $6,598 | 09/30/2019 |
| SeaTown Holdings Pte. Ltd. | 60,000 | $6,598 | 09/30/2019 |
| TWLO | 60,000 | $6,598 | 09/30/2019 |
| Jeneq Management LP | 59,500 | $6,543 | 09/30/2019 |
| TWLO | 59,500 | $6,543 | 09/30/2019 |
| Squarepoint Ops LLC | 59,366 | $6,528 | 09/30/2019 |
| TWLO | 59,366 | $6,528 | 09/30/2019 |
| Lord Abbett & CO. LLC | 59,058 | $6,494 | 09/30/2019 |
| TWLO | 59,058 | $6,494 | 09/30/2019 |
| Westpac Banking Corp | 58,722 | $6,457 | 09/30/2019 |
| TWLO | 58,722 | $6,457 | 09/30/2019 |
| Dai Ichi Life Insurance Company Ltd | 57,656 | $6,340 | 09/30/2019 |
| TWLO | 57,656 | $6,340 | 09/30/2019 |
| NN Investment Partners Holdings N.V. | 56,343 | $6,195 | 09/30/2019 |
| TWLO | 56,343 | $6,195 | 09/30/2019 |
| LA Financiere DE L Echiquier | 52,439 | $5,766 | 09/30/2019 |
| TWLO | 52,439 | $5,766 | 09/30/2019 |
| Millennium Management LLC | 52,423 | $5,764 | 09/30/2019 |
| TWLO | 52,423 | $5,764 | 09/30/2019 |
| Gabelli Funds LLC | | $5,757 | 09/30/2019 |
| CONVERTIBLE BOND | 3,450,000 | $5,757 | 09/30/2019 |
| Hamilton Lane Advisors LLC | 52,223 | $5,742 | 09/30/2019 |
| TWLO | 52,223 | $5,742 | 09/30/2019 |
| Tocqueville Asset Management L.P. | 51,845 | $5,701 | 09/30/2019 |
| TWLO | 51,845 | $5,701 | 09/30/2019 |
| Archon Partners LLC | 51,800 | $5,696 | 09/30/2019 |
| TWLO | 51,800 | $5,696 | 09/30/2019 |
| SSI Investment Management LLC | | $5,612 | 09/30/2019 |
| NOTE 0 | 3,363,000 | $5,612 | 09/30/2019 |
| Commonwealth Equity Services LLC | 49,227 | $5,413 | 09/30/2019 |
| TWLO | 49,227 | $5,413 | 09/30/2019 |
| Capital Fund Management S.A. | | $5,081 | 09/30/2019 |
| Call | 161,200 | $17,726 | 09/30/2019 |
| Put | 115,000 | $12,645 | 09/30/2019 |
| Bollard Group LLC | 46,150 | $5,075 | 09/30/2019 |
| TWLO | 46,150 | $5,075 | 09/30/2019 |
| ArrowMark Colorado Holdings LLC | 45,887 | $5,046 | 09/30/2019 |
| TWLO | 45,887 | $5,046 | 09/30/2019 |
| Tairen Capital Ltd | 45,888 | $5,046 | 09/30/2019 |
| TWLO | 45,888 | $5,046 | 09/30/2019 |
| LPL Financial LLC | 45,240 | $4,975 | 09/30/2019 |
| TWLO | 45,240 | $4,975 | 09/30/2019 |
| Royal London Asset Management Ltd. | 45,135 | $4,962 | 09/30/2019 |
| TWLO | 45,135 | $4,962 | 09/30/2019 |
| Nicholas Investment Partners LP | 44,824 | $4,929 | 09/30/2019 |
| TWLO | 44,824 | $4,929 | 09/30/2019 |
| Advisors Asset Management Inc. | 42,413 | $4,664 | 09/30/2019 |
| TWLO | 42,413 | $4,664 | 09/30/2019 |
| Summit Partners Public Asset Management LLC | | $4,573 | 09/30/2019 |
| TWLO | 256,584 | $28,214 | 09/30/2019 |
| Put | 215,000 | $23,641 | 09/30/2019 |
| Fjarde AP Fonden Fourth Swedish National Pension Fund | 41,492 | $4,562 | 09/30/2019 |
| TWLO | 41,492 | $4,562 | 09/30/2019 |
| Aviva PLC | 41,214 | $4,532 | 09/30/2019 |
| TWLO | 41,214 | $4,532 | 09/30/2019 |
| Nicholas Company Inc. | 40,195 | $4,420 | 09/30/2019 |
| TWLO | 40,195 | $4,420 | 09/30/2019 |
| Macquarie Group Ltd. | 39,614 | $4,356 | 09/30/2019 |
| TWLO | 39,614 | $4,356 | 09/30/2019 |
| Granahan Investment Management Inc. MA | 39,487 | $4,342 | 09/30/2019 |
| TWLO | 39,487 | $4,342 | 09/30/2019 |
| Forte Capital LLC ADV | 39,006 | $4,289 | 09/30/2019 |
| TWLO | 39,006 | $4,289 | 09/30/2019 |
| TCW Group Inc. | 38,766 | $4,263 | 09/30/2019 |
| TWLO | 38,766 | $4,263 | 09/30/2019 |
| Laurion Capital Management LP | | $4,240 | 09/30/2019 |
| Put | 328,600 | $36,133 | 09/30/2019 |
| TWLO | 237,451 | $26,110 | 09/30/2019 |
| Call | 129,700 | $14,263 | 09/30/2019 |
| Alkeon Capital Management LLC | | $4,178 | 09/30/2019 |
| NOTE 0 | 2,500,000 | $4,178 | 09/30/2019 |
| Calamos Wealth Management LLC | 37,436 | $4,116 | 09/30/2019 |
| TWLO | 37,436 | $4,116 | 09/30/2019 |
| Hodges Capital Management Inc. | 36,963 | $4,064 | 09/30/2019 |
| TWLO | 36,963 | $4,064 | 09/30/2019 |
| Walleye Trading LLC | | $4,023 | 09/30/2019 |
| Call | 88,100 | $9,687 | 09/30/2019 |
| Put | 58,400 | $6,422 | 09/30/2019 |
| TWLO | 6,890 | $758 | 09/30/2019 |
| Morgens Waterfall Vintiadis & Co. Inc. | 36,400 | $4,003 | 09/30/2019 |
| TWLO | 36,400 | $4,003 | 09/30/2019 |
| State of Alaska Department of Revenue | 35,621 | $3,916 | 09/30/2019 |
| TWLO | 35,621 | $3,916 | 09/30/2019 |
| Totem Point Management LLC | 35,430 | $3,896 | 09/30/2019 |
| TWLO | 35,430 | $3,896 | 09/30/2019 |
| Ladenburg Thalmann Financial Services Inc. | 35,132 | $3,863 | 09/30/2019 |
| TWLO | 35,132 | $3,863 | 09/30/2019 |
| Stifel Financial Corp | 35,038 | $3,837 | 09/30/2019 |
| TWLO | 35,038 | $3,837 | 09/30/2019 |
| AMP Capital Investors Ltd | 35,800 | $3,815 | 09/30/2019 |
| TWLO | 35,800 | $3,815 | 09/30/2019 |
| Kopp Investment Advisors LLC | 34,263 | $3,768 | 09/30/2019 |
| TWLO | 34,263 | $3,768 | 09/30/2019 |
| Raymond James Financial Services Advisors Inc. | 33,422 | $3,675 | 09/30/2019 |
| TWLO | 33,422 | $3,675 | 09/30/2019 |
| Voya Investment Management LLC | 32,889 | $3,616 | 09/30/2019 |
| TWLO | 32,889 | $3,616 | 09/30/2019 |
| Korea Investment CORP | 32,700 | $3,596 | 09/30/2019 |
| TWLO | 32,700 | $3,596 | 09/30/2019 |
| Gateway Investment Advisers LLC | 32,598 | $3,584 | 09/30/2019 |
| TWLO | 32,598 | $3,584 | 09/30/2019 |
| Xcel Wealth Management LLC | 32,135 | $3,533 | 09/30/2019 |
| TWLO | 32,135 | $3,533 | 09/30/2019 |
| ExodusPoint Capital Management LP | 31,805 | $3,497 | 09/30/2019 |
| TWLO | 31,805 | $3,497 | 09/30/2019 |
| Advisor Group Inc. | 31,607 | $3,475 | 09/30/2019 |
| TWLO | 31,607 | $3,475 | 09/30/2019 |
| Crestwood Advisors Group LLC | 31,385 | $3,451 | 09/30/2019 |
| TWLO | 31,385 | $3,451 | 09/30/2019 |
| First Washington CORP | 30,833 | $3,390 | 09/30/2019 |
| TWLO | 30,833 | $3,390 | 09/30/2019 |
| AQR Capital Management LLC | 31,515 | $3,371 | 09/30/2019 |
| TWLO | 31,515 | $3,371 | 09/30/2019 |
| Arizona State Retirement System | 30,317 | $3,334 | 09/30/2019 |
| TWLO | 30,317 | $3,334 | 09/30/2019 |
| AGF Investments Inc. | 30,000 | $3,299 | 09/30/2019 |
| TWLO | 30,000 | $3,299 | 09/30/2019 |
| Potrero Capital Research LLC | 30,000 | $3,299 | 09/30/2019 |
| TWLO | 30,000 | $3,299 | 09/30/2019 |
| PNC Financial Services Group Inc. | 29,839 | $3,280 | 09/30/2019 |
| TWLO | 29,839 | $3,280 | 09/30/2019 |
| Frontier Investment Mgmt Co. | 29,809 | $3,278 | 09/30/2019 |
| TWLO | 29,809 | $3,278 | 09/30/2019 |
| Schonfeld Strategic Advisors LLC | 29,748 | $3,271 | 09/30/2019 |
| TWLO | 29,748 | $3,271 | 09/30/2019 |
| Oregon Public Employees Retirement Fund | 29,400 | $3,233 | 09/30/2019 |
| TWLO | 29,400 | $3,233 | 09/30/2019 |
| Aperio Group LLC | 28,660 | $3,151 | 09/30/2019 |
| TWLO | 28,660 | $3,151 | 09/30/2019 |
| Treasurer of the State of North Carolina | 28,624 | $3,147 | 09/30/2019 |
| TWLO | 28,624 | $3,147 | 09/30/2019 |
| AE Wealth Management LLC | | $3,101 | 09/30/2019 |
| TWLO | 28,176 | $3,098 | 09/30/2019 |
| Call | 400 | $3 | 09/30/2019 |
| Deltec Asset Management LLC | 27,000 | $2,969 | 09/30/2019 |
| TWLO | 27,000 | $2,969 | 09/30/2019 |
| Zurcher Kantonalbank Zurich Cantonalbank | 26,966 | $2,965 | 09/30/2019 |
| TWLO | 26,966 | $2,965 | 09/30/2019 |
| Gulf International Bank UK Ltd | 26,719 | $2,938 | 09/30/2019 |
| TWLO | 26,719 | $2,938 | 09/30/2019 |
| Bank of Montreal Can | | $2,791 | 09/30/2019 |
| TWLO | 58,086 | $6,387 | 09/30/2019 |
| Put | 32,700 | $3,596 | 09/30/2019 |
| Parkwood LLC | 24,953 | $2,744 | 09/30/2019 |
| TWLO | 24,953 | $2,744 | 09/30/2019 |
| Sei Investments Co. | | $2,653 | 09/30/2019 |
| TWLO | 23,064 | $2,536 | 09/30/2019 |
| NOTE 0 | 70,000 | $117 | 09/30/2019 |
| RiverPark Advisors LLC | 23,419 | $2,575 | 09/30/2019 |
| TWLO | 23,419 | $2,575 | 09/30/2019 |
| Xact Kapitalforvaltning AB | 23,381 | $2,571 | 09/30/2019 |
| TWLO | 23,381 | $2,571 | 09/30/2019 |
| Sterling Capital Management LLC | 23,080 | $2,538 | 09/30/2019 |
| TWLO | 23,080 | $2,538 | 09/30/2019 |
| Biondo Investment Advisors LLC | 22,750 | $2,502 | 09/30/2019 |
| TWLO | 22,750 | $2,502 | 09/30/2019 |
| Utah Retirement Systems | 22,664 | $2,492 | 09/30/2019 |
| TWLO | 22,664 | $2,492 | 09/30/2019 |
| Centaurus Financial Inc. | 22,547 | $2,479 | 09/30/2019 |
| TWLO | 22,547 | $2,479 | 09/30/2019 |
| Staley Capital Advisers Inc. | 22,500 | $2,474 | 09/30/2019 |
| TWLO | 22,500 | $2,474 | 09/30/2019 |
| Shenkman Capital Management Inc. | | $2,468 | 09/30/2019 |
| NOTE 0 | 1,469,000 | $2,468 | 09/30/2019 |
| Peloton Wealth Strategists | 22,136 | $2,434 | 09/30/2019 |
| TWLO | 22,136 | $2,434 | 09/30/2019 |
| EFG Asset Management Americas Corp. | 21,787 | $2,396 | 09/30/2019 |
| TWLO | 21,787 | $2,396 | 09/30/2019 |
| Landsberg Bennett & Dubbaneh LLC | 22,153 | $2,361 | 09/30/2019 |
| TWLO | 22,153 | $2,361 | 09/30/2019 |
| D. E. Shaw & Co. Inc. | | $2,360 | 09/30/2019 |
| Put | 122,100 | $13,426 | 09/30/2019 |
| Call | 113,500 | $12,480 | 09/30/2019 |
| TWLO | 30,067 | $3,306 | 09/30/2019 |
| Private Advisors LLC | 21,249 | $2,337 | 09/30/2019 |
| TWLO | 21,249 | $2,337 | 09/30/2019 |
| Tributary Capital Management LLC | 21,200 | $2,331 | 09/30/2019 |
| TWLO | 21,200 | $2,331 | 09/30/2019 |
| Marsico Capital Management LLC | 21,108 | $2,321 | 09/30/2019 |
| TWLO | 21,108 | $2,321 | 09/30/2019 |
| Bailard Inc. | 20,700 | $2,276 | 09/30/2019 |
| TWLO | 20,700 | $2,276 | 09/30/2019 |
| Oppenheimer & Co. Inc. | 20,131 | $2,214 | 09/30/2019 |
| TWLO | 20,131 | $2,214 | 09/30/2019 |
| First Republic Investment Management Inc. | 20,051 | $2,205 | 09/30/2019 |
| TWLO | 20,051 | $2,205 | 09/30/2019 |
| Cognios Capital LLC | 19,603 | $2,155 | 09/30/2019 |
| TWLO | 19,603 | $2,155 | 09/30/2019 |
| Cambridge Investment Research Advisors Inc. | 19,188 | $2,110 | 09/30/2019 |
| TWLO | 19,188 | $2,110 | 09/30/2019 |
| Edmond DE Rothschild Holding S.A. | 19,080 | $2,098 | 09/30/2019 |
| TWLO | 19,080 | $2,098 | 09/30/2019 |
| Nomura Asset Management Co. Ltd. | 18,318 | $2,014 | 09/30/2019 |
| TWLO | 18,318 | $2,014 | 09/30/2019 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main | 18,305 | $2,012 | 09/30/2019 |
| TWLO | 18,305 | $2,012 | 09/30/2019 |
| Toronto Dominion Bank | 17,903 | $1,968 | 09/30/2019 |
| TWLO | 17,903 | $1,968 | 09/30/2019 |
| Bank of Nova Scotia | | $1,967 | 09/30/2019 |
| NOTE 0 | 1,175,000 | $1,967 | 09/30/2019 |
| Baird Financial Group Inc. | 17,601 | $1,935 | 09/30/2019 |
| TWLO | 17,601 | $1,935 | 09/30/2019 |
| Amalgamated Bank | 17,570 | $1,932 | 09/30/2019 |
| TWLO | 17,570 | $1,932 | 09/30/2019 |
| Capital Impact Advisors LLC | 17,683 | $1,884 | 09/30/2019 |
| TWLO | 17,683 | $1,884 | 09/30/2019 |
| Wellington Management Group LLP | 17,068 | $1,877 | 09/30/2019 |
| TWLO | 17,068 | $1,877 | 09/30/2019 |
| Crawford Lake Capital Management LLC | 16,951 | $1,864 | 09/30/2019 |
| TWLO | 16,951 | $1,864 | 09/30/2019 |
| Clough Capital Partners L P | 16,890 | $1,857 | 09/30/2019 |
| TWLO | 16,890 | $1,857 | 09/30/2019 |
| Bessemer Group Inc. | 16,605 | $1,826 | 09/30/2019 |
| TWLO | 16,605 | $1,826 | 09/30/2019 |
| Lone Pine Capital LLC | 15,835 | $1,741 | 09/30/2019 |
| TWLO | 15,835 | $1,741 | 09/30/2019 |
| Partner Investment Management L.P. | 15,783 | $1,735 | 09/30/2019 |
| TWLO | 15,783 | $1,735 | 09/30/2019 |
| Taylor Frigon Capital Management LLC | 15,650 | $1,721 | 09/30/2019 |
| TWLO | 15,650 | $1,721 | 09/30/2019 |
| Mitsubishi UFJ Kokusai Asset Management Co. Ltd. | 15,543 | $1,709 | 09/30/2019 |
| TWLO | 15,543 | $1,709 | 09/30/2019 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 15,244 | $1,676 | 09/30/2019 |
| TWLO | 15,244 | $1,676 | 09/30/2019 |
| DLD Asset Management LP | | $1,675 | 09/30/2019 |
| NOTE 0 | 1,000,000 | $1,675 | 09/30/2019 |
| HAP Trading LLC | | $1,672 | 09/30/2019 |
| TWLO | 13,836 | $1,521 | 09/30/2019 |
| Call | 18,500 | $151 | 09/30/2019 |
| Tiverton Asset Management LLC | 15,146 | $1,665 | 09/30/2019 |
| TWLO | 15,146 | $1,665 | 09/30/2019 |
| Skandinaviska Enskilda Banken AB publ | 15,075 | $1,657 | 09/30/2019 |
| TWLO | 15,075 | $1,657 | 09/30/2019 |
| Sage Rhino Capital LLC | 14,975 | $1,647 | 09/30/2019 |
| TWLO | 14,975 | $1,647 | 09/30/2019 |
| Standard Life Aberdeen plc | 14,681 | $1,614 | 09/30/2019 |
| TWLO | 14,681 | $1,614 | 09/30/2019 |
| Laurel Wealth Advisors Inc. | 13,776 | $1,515 | 09/30/2019 |
| TWLO | 13,776 | $1,515 | 09/30/2019 |
| Pathstone Family Office LLC | 13,688 | $1,505 | 09/30/2019 |
| TWLO | 13,688 | $1,505 | 09/30/2019 |
| Public Employees Retirement Association of Colorado | 13,620 | $1,498 | 09/30/2019 |
| TWLO | 13,620 | $1,498 | 09/30/2019 |
| B. Riley Wealth Management Inc. | 13,619 | $1,498 | 09/30/2019 |
| TWLO | 13,619 | $1,498 | 09/30/2019 |
| Krueger & Catalano Capital Partners LLC | 13,330 | $1,466 | 09/30/2019 |
| TWLO | 13,330 | $1,466 | 09/30/2019 |
| Migdal Insurance & Financial Holdings Ltd. | 13,200 | $1,451 | 09/30/2019 |
| TWLO | 13,200 | $1,451 | 09/30/2019 |
| Natixis | 12,863 | $1,414 | 09/30/2019 |
| TWLO | 12,863 | $1,414 | 09/30/2019 |
| Nordea Investment Management AB | 13,011 | $1,394 | 09/30/2019 |
| TWLO | 13,011 | $1,394 | 09/30/2019 |
| HighTower Advisors LLC | | $1,372 | 09/30/2019 |
| TWLO | 12,521 | $1,375 | 09/30/2019 |
| Put | 2,500 | $3 | 09/30/2019 |
| Shell Asset Management Co. | 11,872 | $1,305 | 09/30/2019 |
| TWLO | 11,872 | $1,305 | 09/30/2019 |
| Comerica Bank | 12,264 | $1,295 | 09/30/2019 |
| TWLO | 12,264 | $1,295 | 09/30/2019 |
| Parker Investment Management LLC | 11,700 | $1,287 | 09/30/2019 |
| TWLO | 11,700 | $1,287 | 09/30/2019 |
| DNB Asset Management AS | 11,356 | $1,249 | 09/30/2019 |
| TWLO | 11,356 | $1,249 | 09/30/2019 |
| First Citizens Bank & Trust Co. | 11,309 | $1,244 | 09/30/2019 |
| TWLO | 11,309 | $1,244 | 09/30/2019 |
| Brandywine Managers LLC | 11,280 | $1,240 | 09/30/2019 |
| TWLO | 11,280 | $1,240 | 09/30/2019 |
| First Hawaiian Bank | | $1,233 | 09/30/2019 |
| TWLO | 10,010 | $1,101 | 09/30/2019 |
| None | 79,000 | $132 | 09/30/2019 |
| IFM Investors Pty Ltd | 11,013 | $1,211 | 09/30/2019 |
| TWLO | 11,013 | $1,211 | 09/30/2019 |
| Mackenzie Financial Corp | 10,954 | $1,205 | 09/30/2019 |
| TWLO | 10,954 | $1,205 | 09/30/2019 |
| Sheaff Brock Investment Advisors LLC | 10,650 | $1,171 | 09/30/2019 |
| TWLO | 10,650 | $1,171 | 09/30/2019 |
| Symmetry Peak Management LLC | | $1,155 | 09/30/2019 |
| Call | 10,000 | $1,100 | 09/30/2019 |
| TWLO | 500 | $55 | 09/30/2019 |
| Creative Planning | | $1,139 | 09/30/2019 |
| TWLO | 10,284 | $1,131 | 09/30/2019 |
| Call | 1,300 | $8 | 09/30/2019 |
| Bayesian Capital Management LP | 10,101 | $1,111 | 09/30/2019 |
| TWLO | 10,101 | $1,111 | 09/30/2019 |
| Royce & Associates LP | 10,000 | $1,100 | 09/30/2019 |
| TWLO | 10,000 | $1,100 | 09/30/2019 |
| Berylson Capital Partners LLC | 9,900 | $1,089 | 09/30/2019 |
| TWLO | 9,900 | $1,089 | 09/30/2019 |
| Nissay Asset Management Corp Japan ADV | 9,844 | $1,082 | 09/30/2019 |
| TWLO | 9,844 | $1,082 | 09/30/2019 |
| SG Americas Securities LLC | 9,814 | $1,079 | 09/30/2019 |
| TWLO | 9,814 | $1,079 | 09/30/2019 |
| Ocean Capital Management LLC | 9,590 | $1,055 | 09/30/2019 |
| TWLO | 9,590 | $1,055 | 09/30/2019 |
| Marshall Wace North America L.P. | 9,389 | $1,032 | 09/30/2019 |
| TWLO | 9,389 | $1,032 | 09/30/2019 |
| Blueshift Asset Management LLC | 9,386 | $1,032 | 09/30/2019 |
| TWLO | 9,386 | $1,032 | 09/30/2019 |
| Guggenheim Capital LLC | 9,212 | $1,013 | 09/30/2019 |
| TWLO | 9,212 | $1,013 | 09/30/2019 |
| Empowered Funds LLC | 9,198 | $1,011 | 09/30/2019 |
| TWLO | 9,198 | $1,011 | 09/30/2019 |
| Piedmont Investment Advisors Inc. | 8,911 | $980 | 09/30/2019 |
| TWLO | 8,911 | $980 | 09/30/2019 |
| Metropolitan Life Insurance Co NY | 8,812 | $969 | 09/30/2019 |
| TWLO | 8,812 | $969 | 09/30/2019 |
| Kovack Advisors Inc. | 8,778 | $965 | 09/30/2019 |
| TWLO | 8,778 | $965 | 09/30/2019 |
| Moors & Cabot Inc. | 8,859 | $963 | 09/30/2019 |
| TWLO | 8,859 | $963 | 09/30/2019 |
| Janney Montgomery Scott LLC | 8,694 | $956 | 09/30/2019 |
| TWLO | 8,694 | $956 | 09/30/2019 |
| Millrace Asset Group Inc. | 8,500 | $935 | 09/30/2019 |
| TWLO | 8,500 | $935 | 09/30/2019 |
| Mid Atlantic Financial Management Inc. ADV | 8,483 | $933 | 09/30/2019 |
| TWLO | 8,483 | $933 | 09/30/2019 |
| Slow Capital Inc. | 8,416 | $926 | 09/30/2019 |
| TWLO | 8,416 | $926 | 09/30/2019 |
| KBC Group NV | 8,341 | $917 | 09/30/2019 |
| TWLO | 8,341 | $917 | 09/30/2019 |
| Envestnet Asset Management Inc. | 8,287 | $911 | 09/30/2019 |
| TWLO | 8,287 | $911 | 09/30/2019 |
| Driehaus Capital Management LLC | 8,200 | $902 | 09/30/2019 |
| TWLO | 8,200 | $902 | 09/30/2019 |
| Canada Pension Plan Investment Board | 8,200 | $902 | 09/30/2019 |
| TWLO | 8,200 | $902 | 09/30/2019 |
| Sigma Planning Corp | 8,148 | $896 | 09/30/2019 |
| TWLO | 8,148 | $896 | 09/30/2019 |
| Concorde Asset Management LLC | 7,533 | $828 | 09/30/2019 |
| TWLO | 7,533 | $828 | 09/30/2019 |
| Fairfield Bush & CO. | 7,500 | $825 | 09/30/2019 |
| TWLO | 7,500 | $825 | 09/30/2019 |
| Ameritas Investment Corp | 90 | $822 | 09/30/2019 |
| TWLO | 90 | $822 | 09/30/2019 |
| Suntrust Banks Inc. | 7,383 | $812 | 09/30/2019 |
| TWLO | 7,383 | $812 | 09/30/2019 |
| HRT Financial LLC | 7,371 | $810 | 09/30/2019 |
| TWLO | 7,371 | $810 | 09/30/2019 |
| Meitav Dash Investments Ltd. | 7,239 | $799 | 09/30/2019 |
| TWLO | 7,239 | $799 | 09/30/2019 |
| Employees Retirement System of Texas | 7,180 | $790 | 09/30/2019 |
| TWLO | 7,180 | $790 | 09/30/2019 |
| Achmea Investment Management B.V. | 7,148 | $786 | 09/30/2019 |
| TWLO | 7,148 | $786 | 09/30/2019 |
| Magnetar Financial LLC | 7,058 | $776 | 09/30/2019 |
| TWLO | 7,058 | $776 | 09/30/2019 |
| Cetera Advisor Networks LLC | 6,992 | $762 | 09/30/2019 |
| TWLO | 6,992 | $762 | 09/30/2019 |
| NEXT Financial Group Inc | 6,907 | $759 | 09/30/2019 |
| TWLO | 6,907 | $759 | 09/30/2019 |
| Principal Financial Group Inc. | 6,729 | $740 | 09/30/2019 |
| TWLO | 6,729 | $740 | 09/30/2019 |
| Harbour Capital Advisors LLC | 6,535 | $719 | 09/30/2019 |
| TWLO | 6,535 | $719 | 09/30/2019 |
| Fred Alger Management LLC | 6,421 | $706 | 09/30/2019 |
| TWLO | 6,421 | $706 | 09/30/2019 |
| Nvwm LLC | 6,315 | $694 | 09/30/2019 |
| TWLO | 6,315 | $694 | 09/30/2019 |
| BlueCrest Capital Management Ltd | 6,272 | $690 | 09/30/2019 |
| TWLO | 6,272 | $690 | 09/30/2019 |
| O Shares Investment Advisers LLC | 6,250 | $687 | 09/30/2019 |
| TWLO | 6,250 | $687 | 09/30/2019 |
| Landscape Capital Management L.L.C. | 6,163 | $678 | 09/30/2019 |
| TWLO | 6,163 | $678 | 09/30/2019 |
| Sunbelt Securities Inc. | 6,161 | $677 | 09/30/2019 |
| TWLO | 6,161 | $677 | 09/30/2019 |
| Lee Capital Asset Management LLC | 6,122 | $673 | 09/30/2019 |
| TWLO | 6,122 | $673 | 09/30/2019 |
| Walleye Capital LLC | | $671 | 09/30/2019 |
| Call | 10,100 | $1,111 | 09/30/2019 |
| Put | 4,000 | $440 | 09/30/2019 |
| Sumitomo Mitsui DS Asset Management Company Ltd | 6,060 | $666 | 09/30/2019 |
| TWLO | 6,060 | $666 | 09/30/2019 |
| ProShare Advisors LLC | 5,714 | $628 | 09/30/2019 |
| TWLO | 5,714 | $628 | 09/30/2019 |
| Prudential Financial Inc. | 5,483 | $603 | 09/30/2019 |
| TWLO | 5,483 | $603 | 09/30/2019 |
| Wedbush Securities Inc. | 5,306 | $583 | 09/30/2019 |
| TWLO | 5,306 | $583 | 09/30/2019 |
| Garner Asset Management Corp | 5,295 | $582 | 09/30/2019 |
| TWLO | 5,295 | $582 | 09/30/2019 |
| Glen Harbor Capital Management LLC | 5,270 | $579 | 09/30/2019 |
| TWLO | 5,270 | $579 | 09/30/2019 |
| Cedar Capital LLC | 5,246 | $577 | 09/30/2019 |
| TWLO | 5,246 | $577 | 09/30/2019 |
| IHT Wealth Management LLC | 5,165 | $568 | 09/30/2019 |
| TWLO | 5,165 | $568 | 09/30/2019 |
| Coastal Investment Advisors Inc. | 5,118 | $558 | 09/30/2019 |
| TWLO | 5,118 | $558 | 09/30/2019 |
| RBF Capital LLC | 5,000 | $550 | 09/30/2019 |
| TWLO | 5,000 | $550 | 09/30/2019 |
| ADI Capital Management LLC | 5,000 | $550 | 09/30/2019 |
| TWLO | 5,000 | $550 | 09/30/2019 |
| Jasper Ridge Partners L.P. | 4,894 | $538 | 09/30/2019 |
| TWLO | 4,894 | $538 | 09/30/2019 |
| Sandy Spring Bank | 4,700 | $517 | 09/30/2019 |
| TWLO | 4,700 | $517 | 09/30/2019 |
| L & S Advisors Inc | 4,690 | $516 | 09/30/2019 |
| TWLO | 4,690 | $516 | 09/30/2019 |
| Cooper Financial Group | 4,684 | $515 | 09/30/2019 |
| TWLO | 4,684 | $515 | 09/30/2019 |
| Private Advisor Group LLC | 4,659 | $512 | 09/30/2019 |
| TWLO | 4,659 | $512 | 09/30/2019 |
| AlphaCrest Capital Management LLC | 4,600 | $506 | 09/30/2019 |
| TWLO | 4,600 | $506 | 09/30/2019 |
| Lido Advisors LLC | 4,568 | $502 | 09/30/2019 |
| TWLO | 4,568 | $502 | 09/30/2019 |
| Teton Advisors Inc. | | $501 | 09/30/2019 |
| CONVERTIBLE BOND | 300,000 | $501 | 09/30/2019 |
| Eidelman Virant Capital | 4,550 | $500 | 09/30/2019 |
| TWLO | 4,550 | $500 | 09/30/2019 |
| Perigon Wealth Management LLC | 4,310 | $497 | 09/30/2019 |
| TWLO | 4,310 | $497 | 09/30/2019 |
| People s United Financial Inc. | 4,509 | $496 | 09/30/2019 |
| TWLO | 4,509 | $496 | 09/30/2019 |
| Daiwa Securities Group Inc. | 4,481 | $493 | 09/30/2019 |
| TWLO | 4,481 | $493 | 09/30/2019 |
| CIBC Asset Management Inc | 4,456 | $490 | 09/30/2019 |
| TWLO | 4,456 | $490 | 09/30/2019 |
| Cushing Asset Management LP | 4,428 | $487 | 09/30/2019 |
| TWLO | 4,428 | $487 | 09/30/2019 |
| IPG Investment Advisors LLC | 3,560 | $485 | 09/30/2019 |
| TWLO | 3,560 | $485 | 09/30/2019 |
| Dfpg Investments Inc. | 4,424 | $480 | 09/30/2019 |
| TWLO | 4,424 | $480 | 09/30/2019 |
| Meadow Creek Investment Management LLC | 4,340 | $477 | 09/30/2019 |
| TWLO | 4,340 | $477 | 09/30/2019 |
| Redhawk Wealth Advisors Inc. | 4,296 | $472 | 09/30/2019 |
| TWLO | 4,296 | $472 | 09/30/2019 |
| Kings Point Capital Management | | $471 | 09/30/2019 |
| TWLO | 3,494 | $384 | 09/30/2019 |
| Call | 66 | $87 | 09/30/2019 |
| Zeke Capital Advisors LLC | 4,249 | $467 | 09/30/2019 |
| TWLO | 4,249 | $467 | 09/30/2019 |
| Platinum Investment Management Ltd. | 4,229 | $465 | 09/30/2019 |
| TWLO | 4,229 | $465 | 09/30/2019 |
| Capital Analysts LLC | 4,220 | $464 | 09/30/2019 |
| TWLO | 4,220 | $464 | 09/30/2019 |
| Cutler Group LP | | $459 | 09/30/2019 |
| TWLO | 8,238 | $905 | 09/30/2019 |
| Put | 74,700 | $639 | 09/30/2019 |
| Call | 77,700 | $193 | 09/30/2019 |
| World Asset Management Inc | 4,022 | $442 | 09/30/2019 |
| TWLO | 4,022 | $442 | 09/30/2019 |
| Parallel Advisors LLC | 4,015 | $441 | 09/30/2019 |
| TWLO | 4,015 | $441 | 09/30/2019 |
| Financial Advocates Investment Management | 3,960 | $435 | 09/30/2019 |
| TWLO | 3,960 | $435 | 09/30/2019 |
| Townsquare Capital LLC | 4,664 | $425 | 09/30/2019 |
| TWLO | 4,664 | $425 | 09/30/2019 |
| Pier Capital LLC | 3,852 | $424 | 09/30/2019 |
| TWLO | 3,852 | $424 | 09/30/2019 |
| FNY Investment Advisers LLC | 3,750 | $412 | 09/30/2019 |
| TWLO | 3,750 | $412 | 09/30/2019 |
| Cadinha & Co. LLC | 3,680 | $405 | 09/30/2019 |
| TWLO | 3,680 | $405 | 09/30/2019 |
| CenterStar Asset Management LLC | | $402 | 09/30/2019 |
| TWLO | 4,825 | $514 | 09/30/2019 |
| Put | 16,500 | $112 | 09/30/2019 |
| Hollencrest Capital Management | 3,649 | $401 | 09/30/2019 |
| TWLO | 3,649 | $401 | 09/30/2019 |
| CIBC Private Wealth Group LLC | 3,615 | $398 | 09/30/2019 |
| TWLO | 3,615 | $398 | 09/30/2019 |
| M&T Bank Corp | 3,581 | $394 | 09/30/2019 |
| TWLO | 3,581 | $394 | 09/30/2019 |
| SeaCrest Wealth Management LLC | 3,527 | $388 | 09/30/2019 |
| TWLO | 3,527 | $388 | 09/30/2019 |
| Scotia Capital Inc. | 3,447 | $379 | 09/30/2019 |
| TWLO | 3,447 | $379 | 09/30/2019 |
| ETRADE Capital Management LLC | 3,443 | $379 | 09/30/2019 |
| TWLO | 3,443 | $379 | 09/30/2019 |
| Elkfork Partners LLC | 3,410 | $375 | 09/30/2019 |
| TWLO | 3,410 | $375 | 09/30/2019 |
| Paloma Partners Management Co | | $373 | 09/30/2019 |
| Call | 13,000 | $1,429 | 09/30/2019 |
| Put | 9,600 | $1,056 | 09/30/2019 |
| Oakbrook Investments LLC | 3,225 | $355 | 09/30/2019 |
| TWLO | 3,225 | $355 | 09/30/2019 |
| Cubist Systematic Strategies LLC | 3,221 | $354 | 09/30/2019 |
| TWLO | 3,221 | $354 | 09/30/2019 |
| The Manufacturers Life Insurance Company | 3,281 | $350 | 09/30/2019 |
| TWLO | 3,281 | $350 | 09/30/2019 |
| Gables Capital Management Inc. | 3,200 | $350 | 09/30/2019 |
| TWLO | 3,200 | $350 | 09/30/2019 |
| Keybank National Association OH | 3,154 | $347 | 09/30/2019 |
| TWLO | 3,154 | $347 | 09/30/2019 |
| Capital Asset Advisory Services LLC | 3,160 | $347 | 09/30/2019 |
| TWLO | 3,160 | $347 | 09/30/2019 |
| Fox Run Management L.L.C. | 2,515 | $343 | 09/30/2019 |
| TWLO | 2,515 | $343 | 09/30/2019 |
| Jump Trading LLC | 3,098 | $341 | 09/30/2019 |
| TWLO | 3,098 | $341 | 09/30/2019 |
| Leap Investments LP | 3,098 | $341 | 09/30/2019 |
| TWLO | 3,098 | $341 | 09/30/2019 |
| Granite Investment Advisors LLC | 3,090 | $340 | 09/30/2019 |
| TWLO | 3,090 | $340 | 09/30/2019 |
| Motley Fool Asset Management LLC | 3,052 | $336 | 09/30/2019 |
| TWLO | 3,052 | $336 | 09/30/2019 |
| Haverford Trust Co. | 3,025 | $333 | 09/30/2019 |
| TWLO | 3,025 | $333 | 09/30/2019 |
| Requisite Capital Management LLC | 3,000 | $330 | 09/30/2019 |
| TWLO | 3,000 | $330 | 09/30/2019 |
| Atria Investments LLC | 2,985 | $328 | 09/30/2019 |
| TWLO | 2,985 | $328 | 09/30/2019 |
| Prudential PLC | 2,946 | $324 | 09/30/2019 |
| TWLO | 2,946 | $324 | 09/30/2019 |
| First Allied Advisory Services Inc. | 2,942 | $323 | 09/30/2019 |
| TWLO | 2,942 | $323 | 09/30/2019 |
| American International Group Inc. | 2,920 | $321 | 09/30/2019 |
| TWLO | 2,920 | $321 | 09/30/2019 |
| Brighton Jones LLC | 2,848 | $313 | 09/30/2019 |
| TWLO | 2,848 | $313 | 09/30/2019 |
| Fernwood Investment Management LLC | 2,850 | $313 | 09/30/2019 |
| TWLO | 2,850 | $313 | 09/30/2019 |
| MML Investors Services LLC | 2,824 | $311 | 09/30/2019 |
| TWLO | 2,824 | $311 | 09/30/2019 |
| Stephens Inc. AR | 2,807 | $309 | 09/30/2019 |
| TWLO | 2,807 | $309 | 09/30/2019 |
| Berman Capital Advisors LLC | 2,788 | $306 | 09/30/2019 |
| TWLO | 2,788 | $306 | 09/30/2019 |
| Stratos Wealth Partners LTD. | 2,755 | $303 | 09/30/2019 |
| TWLO | 2,755 | $303 | 09/30/2019 |
| Griffin Asset Management Inc. | 2,725 | $300 | 09/30/2019 |
| TWLO | 2,725 | $300 | 09/30/2019 |
| Chevy Chase Trust Holdings Inc. | 2,715 | $299 | 09/30/2019 |
| TWLO | 2,715 | $299 | 09/30/2019 |
| King Luther Capital Management Corp | 2,700 | $297 | 09/30/2019 |
| TWLO | 2,700 | $297 | 09/30/2019 |
| National Asset Management Inc. | 2,634 | $291 | 09/30/2019 |
| TWLO | 2,634 | $291 | 09/30/2019 |
| Mercer Global Advisors Inc. ADV | 2,556 | $281 | 09/30/2019 |
| TWLO | 2,556 | $281 | 09/30/2019 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 2,508 | $276 | 09/30/2019 |
| TWLO | 2,508 | $276 | 09/30/2019 |
| Alpine Woods Capital Investors LLC | 2,500 | $275 | 09/30/2019 |
| TWLO | 2,500 | $275 | 09/30/2019 |
| QS Investors LLC | 2,500 | $275 | 09/30/2019 |
| TWLO | 2,500 | $275 | 09/30/2019 |
| Gladstone Institutional Advisory LLC | 2,502 | $275 | 09/30/2019 |
| TWLO | 2,502 | $275 | 09/30/2019 |
| Tyers Asset Management LLC | 2,480 | $273 | 09/30/2019 |
| TWLO | 2,480 | $273 | 09/30/2019 |
| Nwam LLC | 2,423 | $266 | 09/30/2019 |
| TWLO | 2,423 | $266 | 09/30/2019 |
| SP Asset Management | 2,350 | $258 | 09/30/2019 |
| TWLO | 2,350 | $258 | 09/30/2019 |
| BB&T Securities LLC | 2,264 | $246 | 09/30/2019 |
| TWLO | 2,264 | $246 | 09/30/2019 |
| CIBC World Markets Inc. | 2,221 | $244 | 09/30/2019 |
| TWLO | 2,221 | $244 | 09/30/2019 |
| Sepio Capital LLC | 2,275 | $244 | 09/30/2019 |
| TWLO | 2,275 | $244 | 09/30/2019 |
| BOKF NA | 2,123 | $233 | 09/30/2019 |
| TWLO | 2,123 | $233 | 09/30/2019 |
| Partnervest Advisory Services LLC | 2,083 | $229 | 09/30/2019 |
| TWLO | 2,083 | $229 | 09/30/2019 |
| Nelson Van Denburg & Campbell Wealth Management Group LLC | 2,070 | $227 | 09/30/2019 |
| TWLO | 2,070 | $227 | 09/30/2019 |
| Marble Harbor Investment Counsel LLC | 2,050 | $225 | 09/30/2019 |
| TWLO | 2,050 | $225 | 09/30/2019 |
| Advisory Services Network LLC | 1,621 | $221 | 09/30/2019 |
| TWLO | 1,621 | $221 | 09/30/2019 |
| Summit Trail Advisors LLC | 2,009 | $221 | 09/30/2019 |
| TWLO | 2,009 | $221 | 09/30/2019 |
| Thompson Siegel & Walmsley LLC | 2,000 | $220 | 09/30/2019 |
| TWLO | 2,000 | $220 | 09/30/2019 |
| MERIAN GLOBAL INVESTORS UK Ltd | 2,002 | $220 | 09/30/2019 |
| TWLO | 2,002 | $220 | 09/30/2019 |
| Pinnacle Associates Ltd. | 1,980 | $218 | 09/30/2019 |
| TWLO | 1,980 | $218 | 09/30/2019 |
| WINTON GROUP Ltd | 1,967 | $216 | 09/30/2019 |
| TWLO | 1,967 | $216 | 09/30/2019 |
| Level Four Advisory Services LLC | 1,959 | $215 | 09/30/2019 |
| TWLO | 1,959 | $215 | 09/30/2019 |
| Chesapeake Wealth Management | 1,955 | $215 | 09/30/2019 |
| TWLO | 1,955 | $215 | 09/30/2019 |
| D.A. Davidson & CO. | 1,950 | $214 | 09/30/2019 |
| TWLO | 1,950 | $214 | 09/30/2019 |
| Cutter & CO Brokerage Inc. | 1,940 | $213 | 09/30/2019 |
| TWLO | 1,940 | $213 | 09/30/2019 |
| Benjamin F. Edwards & Company Inc. | 1,939 | $213 | 09/30/2019 |
| TWLO | 1,939 | $213 | 09/30/2019 |
| Buffington Mohr McNeal | 1,930 | $212 | 09/30/2019 |
| TWLO | 1,930 | $212 | 09/30/2019 |
| Allstate Corp | 1,921 | $211 | 09/30/2019 |
| TWLO | 1,921 | $211 | 09/30/2019 |
| Patton Albertson Miller Group LLC | 1,900 | $209 | 09/30/2019 |
| TWLO | 1,900 | $209 | 09/30/2019 |
| Meridian Wealth Management LLC | 1,903 | $209 | 09/30/2019 |
| TWLO | 1,903 | $209 | 09/30/2019 |
| Canton Hathaway LLC | 1,903 | $209 | 09/30/2019 |
| TWLO | 1,903 | $209 | 09/30/2019 |
| Pitcairn Co. | 1,892 | $208 | 09/30/2019 |
| TWLO | 1,892 | $208 | 09/30/2019 |
| B & T Capital Management DBA Alpha Capital Management | 1,860 | $205 | 09/30/2019 |
| TWLO | 1,860 | $205 | 09/30/2019 |
| Tower Research Capital LLC TRC | 1,866 | $205 | 09/30/2019 |
| TWLO | 1,866 | $205 | 09/30/2019 |
| Cortina Asset Management LLC | 1,485 | $202 | 06/30/2019 |
| TWLO | 1,485 | $202 | 06/30/2019 |
| Synovus Financial Corp | 1,799 | $197 | 09/30/2019 |
| TWLO | 1,799 | $197 | 09/30/2019 |
| Oppenheimer Asset Management Inc. | 1,562 | $172 | 09/30/2019 |
| TWLO | 1,562 | $172 | 09/30/2019 |
| Compagnie Lombard Odier SCmA | 1,520 | $167 | 09/30/2019 |
| TWLO | 1,520 | $167 | 09/30/2019 |
| Penserra Capital Management LLC | 1,314 | $144 | 09/30/2019 |
| TWLO | 1,314 | $144 | 09/30/2019 |
| US Bancorp DE | 1,244 | $136 | 09/30/2019 |
| TWLO | 1,244 | $136 | 09/30/2019 |
| Nisa Investment Advisors LLC | 1,170 | $129 | 09/30/2019 |
| TWLO | 1,170 | $129 | 09/30/2019 |
| Steward Partners Investment Advisory LLC | 1,119 | $123 | 09/30/2019 |
| TWLO | 1,119 | $123 | 09/30/2019 |
| Livforsakringsbolaget Skandia Omsesidigt | 1,100 | $121 | 09/30/2019 |
| TWLO | 1,100 | $121 | 09/30/2019 |
| Enterprise Financial Services Corp | | $118 | 09/30/2019 |
| TWLO | 1,065 | $118 | 09/30/2019 |
| Call | 4 | $0 | 09/30/2019 |
| CSat Investment Advisory L.P. | 1,077 | $118 | 09/30/2019 |
| TWLO | 1,077 | $118 | 09/30/2019 |
| Cerebellum GP LLC | 4,977 | $117 | 09/30/2019 |
| TWLO | 4,977 | $117 | 09/30/2019 |
| Capital Investment Advisory Services LLC | 960 | $106 | 09/30/2019 |
| TWLO | 960 | $106 | 09/30/2019 |
| Wealthcare Advisory Partners LLC | 917 | $101 | 09/30/2019 |
| TWLO | 917 | $101 | 09/30/2019 |
| Sowell Financial Services LLC | 908 | $100 | 09/30/2019 |
| TWLO | 908 | $100 | 09/30/2019 |
| North Star Investment Management Corp. | 900 | $99 | 09/30/2019 |
| TWLO | 900 | $99 | 09/30/2019 |
| Lee Financial Co | 900 | $99 | 09/30/2019 |
| TWLO | 900 | $99 | 09/30/2019 |
| Highstreet Asset Management Inc. | 900 | $99 | 09/30/2019 |
| TWLO | 900 | $99 | 09/30/2019 |
| IFP Advisors Inc | 908 | $97 | 09/30/2019 |
| TWLO | 908 | $97 | 09/30/2019 |
| Harvest Fund Management Co. Ltd | 861 | $95 | 09/30/2019 |
| TWLO | 861 | $95 | 09/30/2019 |
| Exane Derivatives | 805 | $89 | 09/30/2019 |
| TWLO | 805 | $89 | 09/30/2019 |
| Seeyond | 810 | $89 | 09/30/2019 |
| TWLO | 810 | $89 | 09/30/2019 |
| Fifth Third Bancorp | 800 | $88 | 09/30/2019 |
| TWLO | 800 | $88 | 09/30/2019 |
| Elmwood Wealth Management Inc. | 750 | $82 | 09/30/2019 |
| TWLO | 750 | $82 | 09/30/2019 |
| Lenox Wealth Advisors LLC | 727 | $80 | 09/30/2019 |
| TWLO | 727 | $80 | 09/30/2019 |
| Focused Wealth Management Inc | 714 | $79 | 09/30/2019 |
| TWLO | 714 | $79 | 09/30/2019 |
| LS Investment Advisors LLC | 713 | $78 | 09/30/2019 |
| TWLO | 713 | $78 | 09/30/2019 |
| Riverhead Capital Management LLC | 698 | $77 | 09/30/2019 |
| TWLO | 698 | $77 | 09/30/2019 |
| Glenmede Trust Co. NA | 708 | $76 | 09/30/2019 |
| TWLO | 708 | $76 | 09/30/2019 |
| Valeo Financial Advisors LLC | 686 | $75 | 09/30/2019 |
| TWLO | 686 | $75 | 09/30/2019 |
| Flagship Harbor Advisors LLC | 666 | $73 | 09/30/2019 |
| TWLO | 666 | $73 | 09/30/2019 |
| Smithfield Trust Co. | 630 | $69 | 09/30/2019 |
| TWLO | 630 | $69 | 09/30/2019 |
| Two Sigma Securities LLC | | $66 | 09/30/2019 |
| Call | 26,200 | $2,881 | 09/30/2019 |
| Put | 25,600 | $2,815 | 09/30/2019 |
| Signaturefd LLC | 592 | $65 | 09/30/2019 |
| TWLO | 592 | $65 | 09/30/2019 |
| Schroder Investment Management Group | 598 | $64 | 09/30/2019 |
| TWLO | 598 | $64 | 09/30/2019 |
| Crewe Advisors LLC | 575 | $63 | 09/30/2019 |
| TWLO | 575 | $63 | 09/30/2019 |
| Trustcore Financial Services LLC | 573 | $63 | 09/30/2019 |
| TWLO | 573 | $63 | 09/30/2019 |
| Optimum Investment Advisors | 550 | $60 | 09/30/2019 |
| TWLO | 550 | $60 | 09/30/2019 |
| CWM LLC | 542 | $60 | 09/30/2019 |
| TWLO | 542 | $60 | 09/30/2019 |
| Rehmann Capital Advisory Group | 439 | $60 | 06/30/2019 |
| TWLO | 439 | $60 | 06/30/2019 |
| Rockefeller Capital Management L.P. | 526 | $58 | 09/30/2019 |
| TWLO | 526 | $58 | 09/30/2019 |
| Reilly Financial Advisors LLC | 520 | $57 | 09/30/2019 |
| TWLO | 520 | $57 | 09/30/2019 |
| Mizuho Securities Co. Ltd. | 500 | $55 | 09/30/2019 |
| TWLO | 500 | $55 | 09/30/2019 |
| First Command Bank | 500 | $55 | 09/30/2019 |
| TWLO | 500 | $55 | 09/30/2019 |
| First Command Financial Services Inc. | 500 | $55 | 09/30/2019 |
| TWLO | 500 | $55 | 09/30/2019 |
| Gainplan LLC | | $54 | 09/30/2019 |
| Call | 24,000 | $54 | 09/30/2019 |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP MA | 410 | $45 | 09/30/2019 |
| TWLO | 410 | $45 | 09/30/2019 |
| Baldwin Brothers Inc. MA | 400 | $44 | 09/30/2019 |
| TWLO | 400 | $44 | 09/30/2019 |
| Cypress Capital Management LLC WY | 400 | $44 | 09/30/2019 |
| TWLO | 400 | $44 | 09/30/2019 |
| Private Capital Group LLC | 356 | $39 | 09/30/2019 |
| TWLO | 356 | $39 | 09/30/2019 |
| Creative Financial Designs Inc. ADV | 355 | $38 | 09/30/2019 |
| TWLO | 355 | $38 | 09/30/2019 |
| Sterling Investment Advisors Ltd. | 350 | $38 | 09/30/2019 |
| TWLO | 350 | $38 | 09/30/2019 |
| Global Retirement Partners LLC | 350 | $38 | 09/30/2019 |
| TWLO | 350 | $38 | 09/30/2019 |
| Federated Investors Inc. PA | 309 | $34 | 09/30/2019 |
| TWLO | 309 | $34 | 09/30/2019 |
| Trust Co. of Vermont | 309 | $34 | 09/30/2019 |
| TWLO | 309 | $34 | 09/30/2019 |
| Sonora Investment Management LLC | 300 | $33 | 09/30/2019 |
| TWLO | 300 | $33 | 09/30/2019 |
| Financial Gravity Wealth Inc. | 300 | $33 | 09/30/2019 |
| TWLO | 300 | $33 | 09/30/2019 |
| Lindbrook Capital LLC | 300 | $33 | 09/30/2019 |
| TWLO | 300 | $33 | 09/30/2019 |
| Meeder Asset Management Inc. | 281 | $31 | 09/30/2019 |
| TWLO | 281 | $31 | 09/30/2019 |
| TCI Wealth Advisors Inc. | 261 | $29 | 09/30/2019 |
| TWLO | 261 | $29 | 09/30/2019 |
| Salem Investment Counselors Inc. | 250 | $27 | 09/30/2019 |
| TWLO | 250 | $27 | 09/30/2019 |
| Catalyst Capital Advisors LLC | 244 | $27 | 09/30/2019 |
| TWLO | 244 | $27 | 09/30/2019 |
| Financial Architects Inc | 233 | $26 | 09/30/2019 |
| TWLO | 233 | $26 | 09/30/2019 |
| Huntington National Bank | 230 | $25 | 09/30/2019 |
| TWLO | 230 | $25 | 09/30/2019 |
| Massmutual Trust Co. FSB ADV | 218 | $24 | 09/30/2019 |
| TWLO | 218 | $24 | 09/30/2019 |
| Lenox Wealth Management Inc. | 226 | $24 | 09/30/2019 |
| TWLO | 226 | $24 | 09/30/2019 |
| Manchester Capital Management LLC | 200 | $22 | 09/30/2019 |
| TWLO | 200 | $22 | 09/30/2019 |
| Captrust Financial Advisors | 200 | $22 | 09/30/2019 |
| TWLO | 200 | $22 | 09/30/2019 |
| Advisory Alpha LLC | 202 | $22 | 09/30/2019 |
| TWLO | 202 | $22 | 09/30/2019 |
| Ropes Wealth Advisors LLC | 200 | $22 | 09/30/2019 |
| TWLO | 200 | $22 | 09/30/2019 |
| Truewealth LLC | 200 | $22 | 09/30/2019 |
| TWLO | 200 | $22 | 09/30/2019 |
| Carroll Financial Associates Inc. | 200 | $21 | 09/30/2019 |
| TWLO | 200 | $21 | 09/30/2019 |
| Webster Bank N. A. | 175 | $19 | 09/30/2019 |
| TWLO | 175 | $19 | 09/30/2019 |
| Winslow Evans & Crocker Inc. | 150 | $18 | 09/30/2019 |
| TWLO | 150 | $18 | 09/30/2019 |
| Prime Capital Investment Advisors LLC | 167 | $18 | 09/30/2019 |
| TWLO | 167 | $18 | 09/30/2019 |
| Global Wealth Management Investment Advisory Inc. | 165 | $18 | 09/30/2019 |
| TWLO | 165 | $18 | 09/30/2019 |
| Institutional & Family Asset Management LLC | 158 | $17 | 09/30/2019 |
| TWLO | 158 | $17 | 09/30/2019 |
| Quest Capital Management Inc. ADV | 143 | $16 | 09/30/2019 |
| TWLO | 143 | $16 | 09/30/2019 |
| Quadrant Capital Group LLC | 157 | $16 | 09/30/2019 |
| TWLO | 157 | $16 | 09/30/2019 |
| Capital Bank & Trust Co | 125 | $14 | 09/30/2019 |
| TWLO | 125 | $14 | 09/30/2019 |
| Parkside Financial Bank & Trust | 116 | $13 | 09/30/2019 |
| TWLO | 116 | $13 | 09/30/2019 |
| Jacobi Capital Management LLC | 113 | $12 | 09/30/2019 |
| TWLO | 113 | $12 | 09/30/2019 |
| Shine Investment Advisory Services Inc. | 103 | $11 | 09/30/2019 |
| TWLO | 103 | $11 | 09/30/2019 |
| Weil Company Inc. | 100 | $11 | 09/30/2019 |
| TWLO | 100 | $11 | 09/30/2019 |
| Contravisory Investment Management Inc. | 100 | $11 | 09/30/2019 |
| TWLO | 100 | $11 | 09/30/2019 |
| San Francisco Sentry Investment Group CA | 104 | $11 | 09/30/2019 |
| TWLO | 104 | $11 | 09/30/2019 |
| Pacific Center for Financial Services | 100 | $11 | 09/30/2019 |
| TWLO | 100 | $11 | 09/30/2019 |
| Westside Investment Management Inc. | 88 | $11 | 06/30/2019 |
| TWLO | 88 | $11 | 06/30/2019 |
| Adirondack Trust Co. | 93 | $10 | 09/30/2019 |
| TWLO | 93 | $10 | 09/30/2019 |
| Virtus ETF Advisers LLC | 81 | $9 | 09/30/2019 |
| TWLO | 81 | $9 | 09/30/2019 |
| G&S Capital LLC | 85 | $9 | 09/30/2019 |
| TWLO | 85 | $9 | 09/30/2019 |
| Evolution Wealth Advisors LLC | 80 | $9 | 09/30/2019 |
| TWLO | 80 | $9 | 09/30/2019 |
| Lake Point Wealth Management | 64 | $9 | 06/30/2019 |
| TWLO | 64 | $9 | 06/30/2019 |
| Alpha Windward LLC | 72 | $8 | 09/30/2019 |
| TWLO | 72 | $8 | 09/30/2019 |
| AdvisorNet Financial Inc | 76 | $8 | 09/30/2019 |
| TWLO | 76 | $8 | 09/30/2019 |
| IMA Wealth Inc. | 77 | $8 | 09/30/2019 |
| TWLO | 77 | $8 | 09/30/2019 |
| Whittier Trust Co. | 65 | $7 | 09/30/2019 |
| TWLO | 65 | $7 | 09/30/2019 |
| Sound Income Strategies LLC | 62 | $7 | 09/30/2019 |
| TWLO | 62 | $7 | 09/30/2019 |
| Cowen Inc. | | $7 | 06/30/2019 |
| Call | 10,000 | $7 | 06/30/2019 |
| Gradient Investments LLC | 58 | $6 | 09/30/2019 |
| TWLO | 58 | $6 | 09/30/2019 |
| Tradewinds Capital Management LLC | 51 | $6 | 09/30/2019 |
| TWLO | 51 | $6 | 09/30/2019 |
| Bedel Financial Consulting Inc. | 53 | $6 | 09/30/2019 |
| TWLO | 53 | $6 | 09/30/2019 |
| Ellis Investment Partners LLC | 60 | $6 | 09/30/2019 |
| TWLO | 60 | $6 | 09/30/2019 |
| Toth Financial Advisory Corp | 50 | $5 | 09/30/2019 |
| TWLO | 50 | $5 | 09/30/2019 |
| Earnest Partners LLC | 48 | $5 | 09/30/2019 |
| TWLO | 48 | $5 | 09/30/2019 |
| RPG Investment Advisory LLC | 50 | $5 | 09/30/2019 |
| TWLO | 50 | $5 | 09/30/2019 |
| Ogorek Anthony Joseph NY ADV | 40 | $4 | 09/30/2019 |
| TWLO | 40 | $4 | 09/30/2019 |
| Hanseatic Management Services Inc. | 38 | $4 | 09/30/2019 |
| TWLO | 38 | $4 | 09/30/2019 |
| Mark Sheptoff Financial Planning LLC | 33 | $4 | 09/30/2019 |
| TWLO | 33 | $4 | 09/30/2019 |
| Zions Bancorporation N.A. | 33 | $4 | 09/30/2019 |
| TWLO | 33 | $4 | 09/30/2019 |
| First Manhattan Co. | 34 | $3 | 09/30/2019 |
| TWLO | 34 | $3 | 09/30/2019 |
| Stonebridge Capital Advisors LLC | 25 | $3 | 09/30/2019 |
| TWLO | 25 | $3 | 09/30/2019 |
| Patriot Financial Group Insurance Agency LLC | 30 | $3 | 09/30/2019 |
| TWLO | 30 | $3 | 09/30/2019 |
| Centerpoint Advisors LLC | 30 | $3 | 09/30/2019 |
| TWLO | 30 | $3 | 09/30/2019 |
| Laurel Wealth Advisors LLC | 30 | $3 | 09/30/2019 |
| TWLO | 30 | $3 | 09/30/2019 |
| Golden State Wealth Management LLC | 25 | $3 | 09/30/2019 |
| TWLO | 25 | $3 | 09/30/2019 |
| Brown Brothers Harriman & Co. | 14 | $2 | 09/30/2019 |
| TWLO | 14 | $2 | 09/30/2019 |
| Citizens Financial Group Inc RI | 18 | $2 | 09/30/2019 |
| TWLO | 18 | $2 | 09/30/2019 |
| AlphaMark Advisors LLC | 17 | $2 | 09/30/2019 |
| TWLO | 17 | $2 | 09/30/2019 |
| Balentine LLC | 14 | $2 | 09/30/2019 |
| TWLO | 14 | $2 | 09/30/2019 |
| Pittenger & Anderson Inc. | 10 | $1 | 09/30/2019 |
| TWLO | 10 | $1 | 09/30/2019 |
| Candriam Luxembourg S.C.A. | 8,944 | $1 | 09/30/2019 |
| TWLO | 8,944 | $1 | 09/30/2019 |
| JFS Wealth Advisors LLC | 5 | $1 | 09/30/2019 |
| TWLO | 5 | $1 | 09/30/2019 |
| Glassman Wealth Services | 6 | $1 | 09/30/2019 |
| TWLO | 6 | $1 | 09/30/2019 |
| Proequities Inc. | | $0 | 09/30/2019 |
| Put | 0 | $0 | 09/30/2019 |
| Call | 0 | $0 | 09/30/2019 |
| TWLO | 0 | $0 | 09/30/2019 |
| NOTE 0 | 0 | $0 | 09/30/2019 |
| Otter Creek Advisors LLC | | $-770 | 09/30/2019 |
| Put | 7,000 | $770 | 09/30/2019 |
| Prelude Capital Management LLC | | $-1,017 | 09/30/2019 |
| Put | 25,100 | $2,760 | 09/30/2019 |
| TWLO | 15,852 | $1,743 | 09/30/2019 |
| Tuscan Ridge Asset Management LLC | | $-1,127 | 09/30/2019 |
| Put | 20,000 | $2,199 | 09/30/2019 |
| TWLO | 9,750 | $1,072 | 09/30/2019 |
| Two Sigma Investments LP | | $-2,386 | 09/30/2019 |
| Put | 117,000 | $12,865 | 09/30/2019 |
| Call | 95,300 | $10,479 | 09/30/2019 |
| Group One Trading L.P. | | $-3,193 | 09/30/2019 |
| Put | 68,100 | $7,488 | 09/30/2019 |
| Call | 32,700 | $3,596 | 09/30/2019 |
| TWLO | 6,356 | $699 | 09/30/2019 |
| Twin Tree Management LP | | $-19,019 | 09/30/2019 |
| Put | 224,500 | $24,686 | 09/30/2019 |
| TWLO | 51,541 | $5,667 | 09/30/2019 |
| PEAK6 Investments LLC | 106,775 | $-23,700 | 09/30/2019 |
| Put | 435,600 | $47,899 | 09/30/2019 |
| Call | 113,300 | $12,458 | 09/30/2019 |
| TWLO | 106,775 | $11,741 | 09/30/2019 |
HoldingsChannel.com
