Who are the owners of the risky, worthless Credit Suisse's AT1 bonds?

Big money managers such as Pacific Investment Management Co. and Invesco Ltd. are among the largest holders, owning around $807 million and $370 million, respectively

Credit Suisse Group AG’s junior bond holders are not happy. The UBS Group AG takeover, orchestrated by the Swiss government without the blessings of shareholders on both sides, will trigger a complete write-down of their $17.3 billion worth of Additional Tier 1 notes. Some are considering legal action.
 

Losses of this magnitude are unsettling to markets already shaken by the latest banking crisis. As such, it is of public interest to ask who are the owners of these risky bonds, introduced after the global financial crisis?

It is a puzzle that needs to be resolved.

Big money managers such as