Vault-13

AKAMAI TECHNOLOGIES INC AKAM 1.125 02.15.29

NOTE 1.125% 2/1 · US DOMESTIC · CUSIP 00971TAN1

82 institutional holders +7 vs Q1 2025
87,013,30187.0m shares reported held*
$1.2bnreported value*
18 new 20 added 29 reduced 10 sold out net sold ≈ $28.2m (+16.8m 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. Holder counts are more reliable. Implied quarter-end price ≈ $13.48.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 24: 67Q4 24: 67Q1 25: 75Q2 25: 8282Q3 24Q4 24Q1 25Q2 25
Numbers
QuarterHolders
Q3 202467
Q4 202467
Q1 202575
Q2 202582

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 24: 28 bought or addedQ4 24: 25 cut or sold outQ4 24Q1 25: 45 bought or addedQ1 25: 26 cut or sold outQ1 25Q2 25: 38 bought or addedQ2 25: 39 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q4 20242825
Q1 20254526
Q2 20253839

Biggest buyers

STEELHEAD PARTNERS LLC New +70,000,000+70.0m
LAZARD ASSET MANAGEMENT LLC Added +49,383,000+49.4m
CITADEL ADVISORS LLC New +44,000,000+44.0m
SUSQUEHANNA ADVISORS GROUP, INC. New +39,350,000+39.4m
SONA ASSET MANAGEMENT (US) LLC New +29,500,000+29.5m
Point72 Asset Management, L.P. New +27,500,000+27.5m
AQR Arbitrage LLC Added +25,700,000+25.7m
Jain Global LLC New +25,000,000+25.0m
TWO SIGMA INVESTMENTS, LP New +20,000,000+20.0m
SILVERBACK ASSET MANAGEMENT LLC New +15,182,000+15.2m

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Reduced -127,955,000-128.0m
ZAZOVE ASSOCIATES LLC Reduced -41,837,000-41.8m
Magnetar Financial LLC Sold out -28,797,000-28.8m
MILLENNIUM MANAGEMENT LLC Reduced -26,550,000-26.6m
SHENKMAN CAPITAL MANAGEMENT INC Reduced -25,255,000-25.3m
Calamos Advisors LLC Reduced -24,975,000-25.0m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -19,263,000-19.3m
Universal- Beteiligungs- und Servicegesellschaft mbH Reduced -16,299,000-16.3m
Paloma Partners Management Co Sold out -14,297,000-14.3m
Union Bancaire Privee, UBP SA Sold out -10,908,000-10.9m

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.12% of their portfolio ATLANTA, GA 127,955,000128.0m $121.7m $121.7m 0.12% Reduced -128.0m -127,955,000
2 LAZARD ASSET MANAGEMENT LLC 0.13% of their portfolio NEW YORK, NY 97,169,00097.2m $92.5m $92.5m 0.13% Added +49.4m +49,383,000
3 Universal- Beteiligungs- und Servicegesellschaft mbH 0.16% of their portfolio FRANKFURT AM MAIN, 2M 92,174,00092.2m $87.9m $87.9m 0.16% Reduced -16.3m -16,299,000
4 STEELHEAD PARTNERS LLC 3.35% of their portfolio SEATTLE, WA 70,000,00070.0m $66.5m $66.5m 3.35% New
5 ADVENT CAPITAL MANAGEMENT /DE/ 1.30% of their portfolio NEW YORK, NY 62,377,00062.4m $59.4m $59.4m 1.30% Reduced -19.3m -19,263,000
6 Calamos Advisors LLC 0.20% of their portfolio NAPERVILLE, IL 49,051,00049.1m $46.6m $46.6m 0.20% Reduced -25.0m -24,975,000
7 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 44,000,00044.0m $41.8m $41.8m 0.04% New
8 SUSQUEHANNA ADVISORS GROUP, INC. 0.01% of their portfolio BALA CYNWYD, PA 39,350,00039.4m $372.6k $372.6k 0.01% New
9 CAPSTONE INVESTMENT ADVISORS, LLC 0.29% of their portfolio NEW YORK, NY 36,000,00036.0m $34.3m $34.3m 0.29% Unchanged
10 SONA ASSET MANAGEMENT (US) LLC 0.95% of their portfolio NEW YORK, NY 29,500,00029.5m $28.1m $28.1m 0.95% New
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 28,913,00028.9m $27.4m $27.4m 0.00% Added +1.7m +1,703,000
12 Point72 Asset Management, L.P. 0.06% of their portfolio STAMFORD, CT 27,500,00027.5m $26.2m $26.2m 0.06% New
13 AQR Arbitrage LLC 0.59% of their portfolio Greenwich, CT 26,310,00026.3m $25.0m $25.0m 0.59% Added +25.7m +25,700,000
14 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 25,275,00025.3m $24.0m $24.0m 0.02% Unchanged
15 Jain Global LLC 0.37% of their portfolio NEW YORK, NY 25,000,00025.0m $23.7m $23.7m 0.37% New
16 VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio San Antonio, TX 24,962,00025.0m $23.7m $23.7m 0.02% Added +5.4m +5,436,000
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 24,877,00024.9m $23.5m $23.5m 0.00% Reduced -398.0k -398,000
18 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 23,300,00023.3m $22.2m $22.2m 0.00% Reduced -2.5m -2,450,000
19 RWC Asset Management LLP 1.04% of their portfolio LONDON, X0 20,700,00020.7m $19.6m $19.6m 1.04% Reduced -6.8m -6,800,000
20 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 20,000,00020.0m $19.0m $19.0m 0.01% Added +10.0m +10,000,000
21 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 20,000,00020.0m $18.9m $18.9m 0.03% New
22 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 20,000,00020.0m $19.0m $19.0m 0.01% Reduced -2.0m -2,000,000
23 DLD Asset Management, LP 2.25% of their portfolio NEW YORK, NY 20,000,00020.0m $19.0m $19.0m 2.25% Added +7.5m +7,500,000
24 CAMDEN ASSET MANAGEMENT L P /CA 0.42% of their portfolio Los Angeles, CA 18,975,00019.0m $18.0m $18.0m 0.42% Added +3.5m +3,500,000
25 Man Group plc 0.03% of their portfolio LONDON, X0 16,220,00016.2m $15.4m $15.4m 0.03% Reduced -250.0k -250,000
26 ANGELO GORDON & CO., L.P. 1.95% of their portfolio NEW YORK, NY 15,500,00015.5m $14.7m $14.7m 1.95% Reduced -2.5m -2,500,000
27 FMR LLC 0.00% of their portfolio BOSTON, MA 15,471,00015.5m $14.6m $14.6m 0.00% Reduced -1.3m -1,314,000
28 SILVERBACK ASSET MANAGEMENT LLC 2.21% of their portfolio DURHAM, NC 15,182,00015.2m $14.4m $14.4m 2.21% New
29 ABSOLUTE INVESTMENT ADVISERS, LLC 1.62% of their portfolio ROSEMARY BEACH, FL 13,790,00013.8m $13.1m $13.1m 1.62% Added +3.0m +3,000,000
30 BlackRock, Inc. 0.00% of their portfolio New York, NY 12,225,00012.2m $11.6m $11.6m 0.00% Reduced -900.0k -900,000
31 TORONTO DOMINION BANK 0.02% of their portfolio TORONTO, ONTARIO, A6 12,000,00012.0m $11.4m $11.4m 0.02% Added +1.6m +1,555,000
32 Burkehill Global Management, LP 0.84% of their portfolio NEW YORK, NY 12,000,00012.0m $11.4m $11.4m 0.84% New
33 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 10,000,00010.0m $9.5m $9.5m 0.01% Reduced -26.6m -26,550,000
34 Brevan Howard Capital Management LP 0.11% of their portfolio ST. HELIER, Y9 10,000,00010.0m $9.8m $9.8m 0.11% Reduced -1.0m -1,000,000
35 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 9,290,0009.3m $8.8m $8.8m 0.02% Reduced -1.0m -1,000,000
36 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 9,074,0009.1m $8.6m $8.6m 0.00% Reduced -2.6m -2,610,000
37 OFI INVEST ASSET MANAGEMENT 0.18% of their portfolio ISSY LES MOULINEAUX, I0 8,800,0008.8m $7.1m $7.1m 0.18% Added +1.2m +1,200,000
38 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 7,934,0007.9m $7.5m $7.5m 0.00% Reduced -122.0k -122,000
39 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 7,749,0007.7m $7.3m $7.3m 0.00% Added +7.2m +7,174,000
40 GABELLI FUNDS LLC 0.05% of their portfolio Rye, NY 7,000,0007.0m $6.6m $6.6m 0.05% Unchanged
41 ZAZOVE ASSOCIATES LLC 0.51% of their portfolio INCLINE VILLAGE, NV 6,580,0006.6m $6.2m $6.2m 0.51% Reduced -41.8m -41,837,000
42 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio Paris, I0 6,500,0006.5m $6.2m $6.2m 0.02% Added +5.5m +5,500,001
43 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 6,300,0006.3m $6.0m $6.0m 0.00% Added +3.1m +3,128,000
44 Amundi 0.00% of their portfolio Paris, I0 6,000,0006.0m $5.7m $5.7m 0.00% Reduced -1.0m -1,000,000
45 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 6,000,0006.0m $5.7m $5.7m 0.01% Unchanged
46 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 5,730,0005.7m $5.4m $5.4m 0.01% Added +202.0k +202,000
47 CSS LLC/IL 0.31% of their portfolio CHICAGO, IL 5,150,0005.2m $4.9m $4.9m 0.31% New
48 WOLVERINE ASSET MANAGEMENT LLC 0.08% of their portfolio CHICAGO, IL 5,000,0005.0m $4.7m $4.7m 0.08% Reduced -1.0m -1,000,000
49 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 4,898,0004.9m $4.6m $4.6m 0.00% Reduced -9.7m -9,662,000
50 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,454,0004.5m $4.2m $4.2m 0.00% Added +294.0k +294,000
51 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,717,0002.7m $2.6m $2.6m 0.00% Added +668.0k +668,000
52 FLOSSBACH VON STORCH SE 0.01% of their portfolio COLOGNE, 2M 2,700,0002.7m $2.6m $2.6m 0.01% Unchanged
53 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 2,500,0002.5m $2.4m $2.4m 0.00% Unchanged
54 Jefferies Financial Group Inc. 0.03% of their portfolio NEW YORK, NY 2,001,0002.0m $1.9m $1.9m 0.03% New
55 Erste Asset Management GmbH 0.02% of their portfolio VIENNA, C4 2,000,0002.0m $1.9m $1.9m 0.02% Added +2.0m +2,000,000
56 Sphera Management Technology Funds Ltd 1.17% of their portfolio TEL AVIV, L3 2,000,0002.0m $1.9m $1.9m 1.17% Unchanged
57 Ameritas Investment Partners, Inc. 0.06% of their portfolio LINCOLN, NE 1,880,0001.9m $1.9m $1.9m 0.06% Reduced -695.0k -695,000
58 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,552,0001.6m $1.5m $1.5m 0.00% New
59 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 1,300,0001.3m $1.2m $1.2m 0.00% Added +500.0k +500,000
60 PALISADE CAPITAL MANAGEMENT, LP 0.03% of their portfolio FORT LEE, NJ 1,000,0001.0m $949.3k $949.3k 0.03% Unchanged
61 Wellesley Asset Management 0.09% of their portfolio PORTSMOUTH, NH 947,000947.0k $899.1k $899.1k 0.09% Added +345.0k +345,000
62 SHENKMAN CAPITAL MANAGEMENT INC 0.07% of their portfolio NEW YORK, NY 784,000784.0k $742.6k $742.6k 0.07% Reduced -25.3m -25,255,000
63 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 750,000750.0k $713.6k $713.6k 0.00% Unchanged
64 Kohlberg Kravis Roberts & Co. L.P. 0.01% of their portfolio NEW YORK, NY 585,000585.0k $556.6k $556.6k 0.01% Reduced -5.8m -5,810,000
65 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 500,000500.0k $474.4k $474.4k 0.00% Unchanged
66 DNCA FINANCE 0.03% of their portfolio PARIS, I0 400,000400.0k $381.2k $381.2k 0.03% Reduced -5.7m -5,650,000
67 ABN AMRO INVESTMENT SOLUTIONS 0.01% of their portfolio PARIS CEDEX 008, I0 380,000380.0k $361.6k $361.6k 0.01% Unchanged
68 NOMURA HOLDINGS INC 0.19% of their portfolio TOKYO, M0 292,279292.3k $23.3m $23.3m 0.19% Added +22.5k +22,542
69 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 286,000286.0k $272.1k $272.1k 0.00% Unchanged
70 SSI INVESTMENT MANAGEMENT LLC 0.01% of their portfolio Los Angeles, CA 170,000170.0k $160.9k $160.9k 0.01% New
71 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 104,000104.0k $98.7k $98.7k 0.00% Reduced -238.0k -238,000
72 Warberg Asset Management LLC 0.02% of their portfolio WINNETKA, IL 79,00079.0k $75.0k $75.0k 0.02% Reduced -125.0k -125,000
73 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 45,00045.0k $42.6k $42.6k 0.00% Unchanged
74 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 20,00020.0k $1.9m $1.9m 0.01% Reduced -23.0k -23,000
75 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 19,00019.0k $18.0k $18.0k 0.00% Unchanged
76 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 16,00016.0k $15.1k $15.1k 0.00% New
77 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 14,00014.0k $13.2k $13.2k 0.00% New
78 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 7,0007.0k $6.6m $6.6m 0.01% New
79 Altrafin AG 0.16% of their portfolio ZURICH, V8 5,0225.0k $476.8k $476.8k 0.16% New
80 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio CINCINNATI, OH 3,0003.0k $2.8k $2.8k 0.00% New
81 Candriam S.C.A. 0.02% of their portfolio STRASSEN, N4 2,8802.9k $2.7m $2.7m 0.02% Reduced -150 -150
82 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged