Vault-13

AKAMAI TECHNOLOGIES INC AKAM 0.375 09.01.27

NOTE 0.375% 9/0 · US DOMESTIC · CUSIP 00971TAL5

93 institutional holders -5 vs Q1 2025
20,536,22920.5m shares reported held*
$1.0bnreported value*
11 new 21 added 32 reduced 17 sold out net sold ≈ $92.6m (+1.8m 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 ($1.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.93.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 79Q4 22: 78Q1 23: 81Q2 23: 88Q3 23: 95Q4 23: 99Q1 24: 96Q2 24: 98Q3 24: 103Q4 24: 103Q1 25: 98Q2 25: 9393Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202279
Q4 202278
Q1 202381
Q2 202388
Q3 202395
Q4 202399
Q1 202496
Q2 202498
Q3 2024103
Q4 2024103
Q1 202598
Q2 202593

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 46 bought or addedQ3 23: 38 cut or sold outQ4 23: 42 bought or addedQ4 23: 34 cut or sold outQ4 23Q1 24: 45 bought or addedQ1 24: 38 cut or sold outQ2 24: 36 bought or addedQ2 24: 44 cut or sold outQ2 24Q3 24: 43 bought or addedQ3 24: 43 cut or sold outQ4 24: 35 bought or addedQ4 24: 55 cut or sold outQ4 24Q1 25: 43 bought or addedQ1 25: 50 cut or sold outQ2 25: 32 bought or addedQ2 25: 49 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20234638
Q4 20234234
Q1 20244538
Q2 20243644
Q3 20244343
Q4 20243555
Q1 20254350
Q2 20253249

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. Added +67,764,000+67.8m
READYSTATE ASSET MANAGEMENT LP New +25,000,000+25.0m
Magnetar Financial LLC New +25,000,000+25.0m
Balyasny Asset Management L.P. Added +16,000,000+16.0m
LAZARD ASSET MANAGEMENT LLC Added +10,532,000+10.5m
ROYAL BANK OF CANADA Added +9,799,000+9.8m
BlueCrest Capital Management Ltd Added +7,095,000+7.1m
WATER ISLAND CAPITAL LLC New +4,500,000+4.5m
WELLS FARGO & COMPANY/MN Added +3,583,000+3.6m
CITIGROUP INC Added +3,462,000+3.5m

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Reduced -125,200,000-125.2m
CITADEL ADVISORS LLC Sold out -21,500,000-21.5m
SILVERBACK ASSET MANAGEMENT LLC Sold out -19,800,000-19.8m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -19,449,000-19.4m
SUSQUEHANNA ADVISORS GROUP, INC. Sold out -14,794,000-14.8m
STEELHEAD PARTNERS LLC Reduced -12,500,000-12.5m
Sculptor Capital LP Sold out -12,500,000-12.5m
M&G PLC Reduced -10,161,000-10.2m
JPMORGAN CHASE & CO Reduced -7,151,000-7.2m
Invesco Ltd. Sold out -7,100,000-7.1m

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 1.88% of their portfolio NEW YORK, NY 143,514,000143.5m $139.7m $139.7m 1.88% Added +67.8m +67,764,000
2 VOYA INVESTMENT MANAGEMENT LLC 0.12% of their portfolio ATLANTA, GA 125,200,000125.2m $121.7m $121.7m 0.12% Reduced -125.2m -125,200,000
3 STEELHEAD PARTNERS LLC 3.18% of their portfolio SEATTLE, WA 65,000,00065.0m $63.2m $63.2m 3.18% Reduced -12.5m -12,500,000
4 Calamos Advisors LLC 0.26% of their portfolio NAPERVILLE, IL 62,855,00062.9m $61.1m $61.1m 0.26% Reduced -157.0k -157,000
5 Wellesley Asset Management 5.05% of their portfolio PORTSMOUTH, NH 54,556,00054.6m $52.9m $52.9m 5.05% Added +1.6m +1,600,000
6 LAZARD ASSET MANAGEMENT LLC 0.07% of their portfolio NEW YORK, NY 53,583,00053.6m $52.1m $52.1m 0.07% Added +10.5m +10,532,000
7 CAPSTONE INVESTMENT ADVISORS, LLC 0.37% of their portfolio NEW YORK, NY 45,110,00045.1m $43.9m $43.9m 0.37% Unchanged
8 MacKay Shields LLC 1.37% of their portfolio New York, NY 43,963,00044.0m $42.7m $42.7m 1.37% Reduced -222.0k -222,000
9 Balyasny Asset Management L.P. 0.08% of their portfolio Chicago, IL 34,000,00034.0m $33.1m $33.1m 0.08% Added +16.0m +16,000,000
10 Magnetar Financial LLC 0.12% of their portfolio EVANSTON, IL 25,000,00025.0m $24.3m $24.3m 0.12% New
11 READYSTATE ASSET MANAGEMENT LP 1.01% of their portfolio CHICAGO, IL 25,000,00025.0m $24.3m $24.3m 1.01% New
12 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 23,900,00023.9m $23.2m $23.2m 0.02% Added +1.7m +1,700,000
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 21,782,00021.8m $21.1m $21.1m 0.00% Reduced -2.5m -2,500,000
14 ADVENT CAPITAL MANAGEMENT /DE/ 0.38% of their portfolio NEW YORK, NY 17,623,00017.6m $17.1m $17.1m 0.38% Reduced -19.4m -19,449,000
15 M&G PLC 0.09% of their portfolio London, X0 16,609,00016.6m $15.9m $15.9m 0.09% Reduced -10.2m -10,161,000
16 FMR LLC 0.00% of their portfolio BOSTON, MA 16,498,00016.5m $16.0m $16.0m 0.00% Reduced -2.0m -2,022,000
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 15,292,00015.3m $14.8m $14.8m 0.00% Added +9.8m +9,799,000
18 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 13,891,00013.9m $13.5m $13.5m 0.00% Reduced -7.2m -7,151,000
19 Point72 Asset Management, L.P. 0.03% of their portfolio STAMFORD, CT 11,250,00011.2m $10.9m $10.9m 0.03% Unchanged
20 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 11,016,00011.0m $10.8m $10.8m 0.01% Reduced -5.0k -5,000
21 BlackRock, Inc. 0.00% of their portfolio New York, NY 11,001,00011.0m $10.7m $10.7m 0.00% Reduced -925.0k -925,000
22 BlueCrest Capital Management Ltd 1.08% of their portfolio ST HELIER, Y9 9,978,00010.0m $9.7m $9.7m 1.08% Added +7.1m +7,095,000
23 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 9,502,0009.5m $9.2m $9.2m 0.01% Added +3.5m +3,462,000
24 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.25% of their portfolio CHICAGO, IL 9,500,0009.5m $9.2m $9.2m 0.25% Added +2.0m +2,000,000
25 INCOME RESEARCH & MANAGEMENT 2.41% of their portfolio Boston, MA 9,303,0009.3m $9.0m $9.0m 2.41% Added +203.0k +203,000
26 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 8,264,0008.3m $8.0m $8.0m 0.02% Reduced -1.4m -1,405,000
27 Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio FRANKFURT AM MAIN, 2M 8,029,0008.0m $7.8m $7.8m 0.01% Reduced -700.0k -700,000
28 CONNING INC. 0.25% of their portfolio HARTFORD, CT 7,520,0007.5m $7.3m $7.3m 0.25% Unchanged
29 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 6,934,0006.9m $6.7m $6.7m 0.00% Added +3.6m +3,583,000
30 LORD, ABBETT & CO. LLC 0.02% of their portfolio JERSEY CITY, NJ 5,078,0005.1m $4.9m $4.9m 0.02% Added +12.0k +12,000
31 Radcliffe Capital Management, L.P. 0.37% of their portfolio BALA CYNWYD, PA 5,000,0005.0m $4.8m $4.8m 0.37% Unchanged
32 WATER ISLAND CAPITAL LLC 0.76% of their portfolio NEW YORK, NY 4,500,0004.5m $4.4m $4.4m 0.76% New
33 Man Group plc 0.01% of their portfolio LONDON, X0 4,441,0004.4m $4.3m $4.3m 0.01% Reduced -250.0k -250,000
34 Sonora Investment Management Group, LLC 0.31% of their portfolio TUCSON, AZ 4,346,0004.3m $4.2m $4.2m 0.31% Reduced -130.0k -130,000
35 CAMDEN ASSET MANAGEMENT L P /CA 0.08% of their portfolio Los Angeles, CA 3,570,0003.6m $3.5m $3.5m 0.08% Added +45.0k +45,000
36 Walleye Capital LLC 0.03% of their portfolio NEW YORK, NY 3,500,0003.5m $3.4m $3.4m 0.03% Reduced -3.5m -3,500,000
37 AXA S.A. 0.01% of their portfolio PARIS, I0 3,300,0003.3m $3.2m $3.2m 0.01% Reduced -2.2m -2,200,000
38 CREDIT INDUSTRIEL ET COMMERCIAL 0.45% of their portfolio PARIS FRANCE, I0 3,000,0003.0m $2.8m $2.8m 0.45% Unchanged
39 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 2,711,0002.7m $2.6m $2.6m 0.00% Reduced -4.0m -4,000,000
40 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,095,0002.1m $2.0m $2.0m 0.00% New
41 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 2,000,0002.0m $1.9m $1.9m 0.00% New
42 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 2,000,0002.0m $1.9m $1.9m 0.00% Added +1.5m +1,489,000
43 KIM, LLC 0.20% of their portfolio WICHITA, KS 2,000,0002.0m $1.9m $1.9m 0.20% Unchanged
44 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,783,0001.8m $1.7m $1.7m 0.00% Reduced -67.0k -67,000
45 MIZUHO SECURITIES USA LLC 0.04% of their portfolio NEW YORK, NY 1,744,0001.7m $1.7m $1.7m 0.04% First filing
46 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,735,0001.7m $1.7m $1.7m 0.00% Reduced -1.1m -1,066,000
47 Quaero Capital S.A. 2.07% of their portfolio GENEVE, V8 1,700,0001.7m $1.6m $1.6m 2.07% Unchanged
48 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 1,575,0001.6m $1.5m $1.5m 0.00% Unchanged
49 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,375,0001.4m $1.3m $1.3m 0.00% Unchanged
50 PROSPECTOR PARTNERS LLC 0.15% of their portfolio GUILFORD, CT 1,300,0001.3m $1.3m $1.3m 0.15% Unchanged
51 Erste Asset Management GmbH 0.01% of their portfolio VIENNA, C4 1,200,0001.2m $1.1m $1.1m 0.01% Added +1.2m +1,200,000
52 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 1,200,0001.2m $1.2m $1.2m 0.00% Added +1 +1
53 SHENKMAN CAPITAL MANAGEMENT INC 0.10% of their portfolio NEW YORK, NY 1,032,0001.0m $993.1k $993.1k 0.10% Reduced -5.6m -5,592,000
54 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 1,000,0001.0m $972.7k $972.7k 0.00% Added +200.0k +200,000
55 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 980,000980.0k $952.8k $952.8k 0.00% Unchanged
56 SSI INVESTMENT MANAGEMENT LLC 0.06% of their portfolio Los Angeles, CA 936,000936.0k $906.5k $906.5k 0.06% Reduced -19.0k -19,000
57 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 903,000903.0k $874.6k $874.6k 0.00% New
58 FLOSSBACH VON STORCH SE 0.00% of their portfolio COLOGNE, 2M 900,000900.0k $876.2k $876.2k 0.00% Unchanged
59 Warberg Asset Management LLC 0.13% of their portfolio WINNETKA, IL 528,000528.0k $512.7k $512.7k 0.13% Unchanged
60 NOMURA HOLDINGS INC 0.30% of their portfolio TOKYO, M0 474,259474.3k $37.8m $37.8m 0.30% Reduced -2.5k -2,530
61 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 400,000400.0k $388.9k $388.9k 0.00% Unchanged
62 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 396,000396.0k $385.0k $385.0k 0.00% Unchanged
63 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 301,000301.0k $291.5k $291.5k 0.00% Unchanged
64 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 300,000300.0k $290.7k $290.7k 0.00% Added +124.0k +124,000
65 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $291.6k $291.6k 0.00% Reduced -200.0k -200,000
66 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 221,000221.0k $214.9k $214.9k 0.01% Reduced -55.0k -55,000
67 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 210,000210.0k $203.4k $203.4k 0.00% Reduced -1.9m -1,879,000
68 ABN AMRO INVESTMENT SOLUTIONS 0.00% of their portfolio PARIS CEDEX 008, I0 200,000200.0k $194.4k $194.4k 0.00% Unchanged
69 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 183,000183.0k $177.2k $177.2k 0.00% Unchanged
70 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 165,000165.0k $160.0k $160.0k 0.00% Unchanged
71 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 155,000155.0k $150.1k $150.1k 0.00% Reduced -3.0k -3,000
72 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 147,000147.0k $142.4k $142.4k 0.00% Added +10.0k +10,000
73 Mariner, LLC 0.00% of their portfolio Overland Park, KS 62,00062.0k $59.8k $59.8k 0.00% Unchanged
74 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 60,00060.0k $58.1k $58.1k 0.00% Unchanged
75 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 59,00059.0k $57.1k $57.1k 0.00% Added +2.0k +2,000
76 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 49,00049.0k $47.5k $47.5k 0.00% New
77 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 41,00041.0k $39.6k $39.6k 0.00% New
78 FORESIGHT CAPITAL MANAGEMENT ADVISORS, INC. 0.02% of their portfolio SALINE, MI 30,00030.0k $28.9k $28.9k 0.02% Reduced -12.0k -12,000
79 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 30,00030.0k $29.0k $29.0k 0.00% New
80 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 30,00030.0k $29.1k $29.1k 0.00% Added +8.0k +8,000
81 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 30,00030.0k $28.9k $28.9k 0.01% Reduced -5.0k -5,000
82 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 26,00026.0k $25.2k $25.2k 0.00% Reduced -13.6k -13,629
83 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 16,00016.0k $15.5k $15.5k 0.00% Unchanged
84 COMERICA BANK 0.00% of their portfolio DALLAS, TX 14,00014.0k $13.6k $13.6k 0.00% Unchanged
85 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 13,00013.0k $12.6k $12.6k 0.00% Unchanged
86 Goldstein Advisors, LLC 0.00% of their portfolio Madison, WI 13,00013.0k $12.5k $12.5k 0.00% Unchanged
87 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 12,00012.0k $11.6k $11.6k 0.00% Unchanged
88 Boussard & Gavaudan Investment Management LLP 1.25% of their portfolio London, X0 10,00010.0k $9.7m $9.7m 1.25% New
89 Candriam S.C.A. 0.04% of their portfolio STRASSEN, N4 6,5006.5k $6.3m $6.3m 0.04% Unchanged
90 LAFFER TENGLER INVESTMENTS, INC. 0.34% of their portfolio Scottsdale, AZ 1,9702.0k $1.9m $1.9m 0.34% Reduced -56 -56
91 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,0001.0k $968 $968 0.00% Reduced -2.6m -2,579,000
92 Intellectus Partners, LLC 0.07% of their portfolio SAN FRANCISCO, CA 335335 $324.9k $324.9k 0.07% New
93 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged