Vault-13

AKAMAI TECHNOLOGIES INC AKAM 1.125 02.15.29

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

75 institutional holders +0 vs Q3 2025
58,874,27658.9m shares reported held*
$1.4bnreported value*
12 new 28 added 22 reduced 14 sold out net sold ≈ $12.7m (-2.0m 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 ≈ $24.40.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 24: 67Q4 24: 67Q1 25: 75Q2 25: 82Q3 25: 75Q4 25: 7575Q3 24Q4 24Q1 25Q2 25Q3 25Q4 25
Numbers
QuarterHolders
Q3 202467
Q4 202467
Q1 202575
Q2 202582
Q3 202575
Q4 202575

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 25Q3 25: 30 bought or addedQ3 25: 37 cut or sold outQ3 25Q4 25: 40 bought or addedQ4 25: 36 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q4 20242825
Q1 20254526
Q2 20253839
Q3 20253037
Q4 20254036

Biggest buyers

Aequim Alternative Investments LP New +72,500,000+72.5m
BlackRock, Inc. Added +44,075,000+44.1m
WOLVERINE ASSET MANAGEMENT LLC Added +43,138,000+43.1m
TWO SIGMA INVESTMENTS, LP Added +33,872,000+33.9m
Man Group plc Added +26,500,000+26.5m
Point72 Asset Management, L.P. New +20,000,000+20.0m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND New +17,500,000+17.5m
STEELHEAD PARTNERS LLC Added +17,500,000+17.5m
Brevan Howard Capital Management LP Added +16,500,000+16.5m
Verition Fund Management LLC New +15,000,000+15.0m

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Sold out -127,955,000-128.0m
CITADEL ADVISORS LLC Sold out -85,924,000-85.9m
AQR Arbitrage LLC Reduced -60,600,000-60.6m
CAMDEN ASSET MANAGEMENT L P /CA Sold out -20,500,000-20.5m
SILVERBACK ASSET MANAGEMENT LLC Sold out -15,282,000-15.3m
Jain Global LLC Sold out -15,000,000-15.0m
DLD Asset Management, LP Sold out -15,000,000-15.0m
Burkehill Global Management, LP Sold out -10,000,000-10.0m
BNP PARIBAS FINANCIAL MARKETS Reduced -9,634,000-9.6m
JPMORGAN CHASE & CO Reduced -9,076,000-9.1m

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 STEELHEAD PARTNERS LLC 6.40% of their portfolio SEATTLE, WA 87,500,00087.5m $86.6m $86.6m 6.40% Added +17.5m +17,500,000
2 Universal- Beteiligungs- und Servicegesellschaft mbH 0.13% of their portfolio FRANKFURT AM MAIN, 2M 80,974,00081.0m $80.5m $80.5m 0.13% Reduced -5.0m -5,000,000
3 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 73,892,00073.9m $731.9k $731.9k 0.00% Added +3.3m +3,265,000
4 Aequim Alternative Investments LP 1.42% of their portfolio MILL VALLEY, CA 72,500,00072.5m $71.8m $71.8m 1.42% New
5 BlackRock, Inc. 0.00% of their portfolio New York, NY 56,125,00056.1m $55.5m $55.5m 0.00% Added +44.1m +44,075,000
6 TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio NEW YORK, NY 53,372,00053.4m $52.7m $52.7m 0.08% Added +33.9m +33,872,000
7 Calamos Advisors LLC 0.20% of their portfolio NAPERVILLE, IL 49,901,00049.9m $49.4m $49.4m 0.20% Added +850.0k +850,000
8 WOLVERINE ASSET MANAGEMENT LLC 0.68% of their portfolio CHICAGO, IL 48,138,00048.1m $47.6m $47.6m 0.68% Added +43.1m +43,138,000
9 SONA ASSET MANAGEMENT (US) LLC 1.49% of their portfolio NEW YORK, NY 46,318,00046.3m $45.8m $45.8m 1.49% Added +5.2m +5,156,000
10 CAPSTONE INVESTMENT ADVISORS, LLC 0.35% of their portfolio NEW YORK, NY 44,000,00044.0m $43.6m $43.6m 0.35% Added +5.0m +5,000,000
11 Man Group plc 0.08% of their portfolio LONDON, X0 42,480,00042.5m $42.0m $42.0m 0.08% Added +26.5m +26,500,000
12 ADVENT CAPITAL MANAGEMENT /DE/ 0.79% of their portfolio NEW YORK, NY 34,451,00034.5m $34.3m $34.3m 0.79% Reduced -8.0m -8,015,000
13 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 32,000,00032.0m $31.6m $31.6m 0.01% Unchanged
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 27,370,00027.4m $27.0m $27.0m 0.00% Added +3.0m +3,003,000
15 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 26,850,00026.9m $26.6m $26.6m 0.00% Added +550.0k +550,000
16 SUSQUEHANNA ADVISORS GROUP, INC. 0.01% of their portfolio BALA CYNWYD, PA 25,606,00025.6m $252.9k $252.9k 0.01% Added +5.0m +5,000,000
17 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 25,275,00025.3m $25.1m $25.1m 0.02% Reduced -1.0m -1,000,000
18 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 24,586,00024.6m $24.3m $24.3m 0.00% Reduced -9.1m -9,076,000
19 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 24,091,00024.1m $23.8m $23.8m 0.01% Reduced -402.0k -402,000
20 Brevan Howard Capital Management LP 0.46% of their portfolio ST. HELIER, Y9 24,000,00024.0m $23.8m $23.8m 0.46% Added +16.5m +16,500,000
21 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 20,000,00020.0m $19.8m $19.8m 0.01% Reduced -5.0m -5,000,000
22 Point72 Asset Management, L.P. 0.03% of their portfolio STAMFORD, CT 20,000,00020.0m $19.8m $19.8m 0.03% New
23 RWC Asset Management LLP 0.88% of their portfolio LONDON, X0 18,200,00018.2m $18.0m $18.0m 0.88% Reduced -164.0k -164,000
24 Wellesley Asset Management 1.86% of their portfolio PORTSMOUTH, NH 18,151,00018.2m $17.9m $17.9m 1.86% Reduced -1.1m -1,130,000
25 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.03% of their portfolio TORONTO, A6 17,500,00017.5m $17.3m $17.3m 0.03% New
26 SHENKMAN CAPITAL MANAGEMENT INC 1.66% of their portfolio NEW YORK, NY 15,560,00015.6m $15.7m $15.7m 1.66% Added +11.7m +11,661,000
27 CSS LLC/IL 0.87% of their portfolio CHICAGO, IL 15,505,00015.5m $15.4m $15.4m 0.87% Added +8.5m +8,469,000
28 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 15,385,00015.4m $15.2m $15.2m 0.00% Added +9.5m +9,500,000
29 Verition Fund Management LLC 0.08% of their portfolio GREENWICH, CT 15,000,00015.0m $14.9m $14.9m 0.08% New
30 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 13,875,00013.9m $13.7m $13.7m 0.00% Added +6.2m +6,194,000
31 ABSOLUTE INVESTMENT ADVISERS, LLC 1.56% of their portfolio ROSEMARY BEACH, FL 13,827,00013.8m $13.7m $13.7m 1.56% Added +37.0k +37,000
32 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 12,326,00012.3m $12.2m $12.2m 0.01% Added +12.0m +12,049,000
33 TORONTO DOMINION BANK 0.02% of their portfolio TORONTO, ONTARIO, A6 11,223,00011.2m $11.1m $11.1m 0.02% Reduced -777.0k -777,000
34 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 9,937,0009.9m $9.9m $9.9m 0.02% Added +50.0k +50,000
35 OFI INVEST ASSET MANAGEMENT 0.11% of their portfolio ISSY LES MOULINEAUX, I0 8,800,0008.8m $7.4m $7.4m 0.11% Unchanged
36 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 7,544,0007.5m $7.5m $7.5m 0.00% Added +3.5m +3,475,000
37 Maven Securities LTD 0.94% of their portfolio ST HELIER, Y9 7,500,0007.5m $7.4m $7.4m 0.94% New
38 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 6,879,0006.9m $6.8m $6.8m 0.00% Reduced -2.2m -2,175,000
39 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 6,644,0006.6m $6.6m $6.6m 0.00% Reduced -5.9m -5,856,000
40 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 6,500,0006.5m $6.4m $6.4m 0.01% Unchanged
41 UBS Group AG 0.00% of their portfolio ZURICH, V8 6,335,0006.3m $6.3m $6.3m 0.00% New
42 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 6,000,0006.0m $5.9m $5.9m 0.01% Unchanged
43 SSI INVESTMENT MANAGEMENT LLC 0.38% of their portfolio Los Angeles, CA 5,725,0005.7m $5.7m $5.7m 0.38% Added +5.6m +5,555,000
44 CREDIT INDUSTRIEL ET COMMERCIAL 0.72% of their portfolio PARIS FRANCE, I0 5,000,0005.0m $4.9m $4.9m 0.72% New
45 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 4,938,0004.9m $4.9m $4.9m 0.00% Reduced -9.6m -9,634,000
46 GABELLI FUNDS LLC 0.02% of their portfolio Rye, NY 3,625,0003.6m $3.6m $3.6m 0.02% Unchanged
47 Amundi 0.09% of their portfolio Paris, I0 3,225,0003.2m $318.6m $318.6m 0.09% Added +3.0m +2,950,000
48 Lombard Odier Asset Management (Europe) Ltd 0.15% of their portfolio LONDON, X0 2,950,0003.0m $2.9m $2.9m 0.15% New
49 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,877,0002.9m $2.8m $2.8m 0.00% Added +1.1m +1,050,000
50 Ares Systematic Credit Ltd 2.10% of their portfolio LONDON, X0 2,600,0002.6m $2.6m $2.6m 2.10% First filing
51 FLOSSBACH VON STORCH SE 0.01% of their portfolio COLOGNE, 2M 1,700,0001.7m $1.7m $1.7m 0.01% Unchanged
52 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 1,469,0001.5m $1.5m $1.5m 0.00% Reduced -2.5m -2,475,000
53 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 1,000,0001.0m $992.1k $992.1k 0.00% Reduced -300.0k -300,000
54 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 893,000893.0k $883.7k $883.7k 0.01% Reduced -2.6m -2,607,000
55 Kohlberg Kravis Roberts & Co. L.P. 0.01% of their portfolio NEW YORK, NY 765,000765.0k $757.7k $757.7k 0.01% Unchanged
56 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 600,000600.0k $593.0k $593.0k 0.00% Added +100.0k +100,000
57 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 307,000307.0k $303.3k $303.3k 0.00% New
58 DNCA FINANCE 0.01% of their portfolio PARIS, I0 250,000250.0k $248.2k $248.2k 0.01% Reduced -150.0k -150,000
59 AQR Arbitrage LLC 0.00% of their portfolio Greenwich, CT 230,000230.0k $227.8k $227.8k 0.00% Reduced -60.6m -60,600,000
60 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 190,000190.0k $187.8k $187.8k 0.00% Added +86.0k +86,000
61 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 158,000158.0k $156.4k $156.4k 0.01% New
62 NOMURA HOLDINGS INC 0.03% of their portfolio TOKYO, M0 134,665134.7k $11.7m $11.7m 0.03% Reduced -177.8k -177,800
63 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 51,00051.0k $5.1m $5.1m 0.01% Added +31.0k +31,000
64 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 45,00045.0k $44.5k $44.5k 0.00% Unchanged
65 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 23,00023.0k $22.7k $22.7k 0.00% New
66 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 23,00023.0k $22.7k $22.7k 0.00% Reduced -2.0k -2,000
67 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 17,00017.0k $16.9k $16.9k 0.00% Unchanged
68 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 15,00015.0k $14.8k $14.8k 0.00% Reduced -14.0k -14,000
69 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 12,00012.0k $11.9k $11.9k 0.00% New
70 Altrafin AG 0.16% of their portfolio ZURICH, V8 5,0215.0k $498.1k $498.1k 0.16% Added +14 +14
71 Candriam S.C.A. 0.01% of their portfolio STRASSEN, N4 2,5002.5k $2.5m $2.5m 0.01% Reduced -380 -380
72 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 2,0002.0k $2.0k $2.0k 0.00% Unchanged
73 ODDO BHF ASSET MANAGEMENT SAS 0.02% of their portfolio PARIS, I0 590590 $585.7k $585.7k 0.02% Not comparable
74 ABN AMRO INVESTMENT SOLUTIONS 0.01% of their portfolio PARIS CEDEX 008, I0 380380 $378.0k $378.0k 0.01% Reduced -379.6k -379,620
75 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 00 $0 $0 0.00% Unchanged