As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Twilio: GTS Securities LLC, CSS LLC IL, Wolverine Trading LLC, Squarepoint Ops LLC, Point72 Asset Management L.P., Millennium Management LLC, Moore Capital Management LP, Group One Trading LLC, D. E. Shaw & Co. Inc., Cubist Systematic Strategies LLC, Caption Management LLC, Citadel Advisors LLC, Capstone Investment Advisors LLC, Balyasny Asset Management L.P., BNP Paribas Financial Markets, Jane Street Group LLC, Tudor Investment Corp ET AL, Parallax Volatility Advisers L.P., Two Sigma Securities LLC, Susquehanna International Group LLP, Hsbc Holdings PLC, HAP Trading LLC, Concourse Financial Group Securities Inc., PEAK6 LLC, Walleye Trading LLC, Walleye Capital LLC, Capital Fund Management S.A., Wells Fargo & Company MN, JPMorgan Chase & Co., LPL Financial LLC, Simplex Trading LLC, Twin Tree Management LP, Robertson Stephens Wealth Management LLC, Caas Capital Management LP, and JPMorgan Chase & Co.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.