Vault-13

AKAMAI TECHNOLOGIES INC AKAM 1.125 02.15.29

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

91 institutional holders +16 vs Q4 2025
71,958,76872.0m shares reported held*
$1.3bnreported value*
25 new 20 added 34 reduced 10 sold out net bought ≈ $18.8m (+13.1m 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 ($435.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $18.66.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 24: 67Q4 24: 67Q1 25: 75Q2 25: 82Q3 25: 75Q4 25: 75Q1 26: 9191Q3 24Q1 25Q3 25Q1 26
Numbers
QuarterHolders
Q3 202467
Q4 202467
Q1 202575
Q2 202582
Q3 202575
Q4 202575
Q1 202691

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 25Q1 26: 45 bought or addedQ1 26: 44 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q4 20242825
Q1 20254526
Q2 20253839
Q3 20253037
Q4 20254036
Q1 20264544

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. New +82,500,000+82.5m
AMERICAN CENTURY COMPANIES INC New +52,453,000+52.5m
SONA ASSET MANAGEMENT (US) LLC Added +47,208,000+47.2m
Balyasny Asset Management L.P. New +18,000,000+18.0m
FMR LLC New +16,700,000+16.7m
GLAZER CAPITAL, LLC New +16,000,000+16.0m
CITADEL ADVISORS LLC New +13,807,000+13.8m
Aequim Alternative Investments LP Added +12,500,000+12.5m
SHENKMAN CAPITAL MANAGEMENT INC Added +11,119,000+11.1m
BANK OF MONTREAL /CAN/ Added +11,000,000+11.0m

Biggest sellers

WOLVERINE ASSET MANAGEMENT LLC Reduced -45,638,000-45.6m
Man Group plc Reduced -39,500,000-39.5m
TWO SIGMA INVESTMENTS, LP Reduced -36,491,000-36.5m
SUSQUEHANNA ADVISORS GROUP, INC. Sold out -25,606,000-25.6m
Brevan Howard Capital Management LP Sold out -24,000,000-24.0m
Universal- Beteiligungs- und Servicegesellschaft mbH Reduced -18,564,000-18.6m
CAPSTONE INVESTMENT ADVISORS, LLC Reduced -17,021,000-17.0m
Verition Fund Management LLC Sold out -15,000,000-15.0m
LAZARD ASSET MANAGEMENT LLC Reduced -12,638,000-12.6m
Point72 Asset Management, L.P. Reduced -12,500,000-12.5m

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SONA ASSET MANAGEMENT (US) LLC 4.10% of their portfolio NEW YORK, NY 93,526,00093.5m $106.7m $106.7m 4.10% Added +47.2m +47,208,000
2 Aequim Alternative Investments LP 1.89% of their portfolio MILL VALLEY, CA 85,000,00085.0m $97.3m $97.3m 1.89% Added +12.5m +12,500,000
3 TENOR CAPITAL MANAGEMENT Co., L.P. 1.45% of their portfolio NEW YORK, NY 82,500,00082.5m $94.3m $94.3m 1.45% New
4 STEELHEAD PARTNERS LLC 6.33% of their portfolio SEATTLE, WA 77,000,00077.0m $88.0m $88.0m 6.33% Reduced -10.5m -10,500,000
5 Universal- Beteiligungs- und Servicegesellschaft mbH 0.12% of their portfolio FRANKFURT AM MAIN, 2M 62,410,00062.4m $71.4m $71.4m 0.12% Reduced -18.6m -18,564,000
6 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 61,254,00061.3m $701.1k $701.1k 0.00% Reduced -12.6m -12,638,000
7 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 52,453,00052.5m $60.0m $60.0m 0.03% New
8 Calamos Advisors LLC 0.23% of their portfolio NAPERVILLE, IL 51,501,00051.5m $58.9m $58.9m 0.23% Added +1.6m +1,600,000
9 BlackRock, Inc. 0.00% of their portfolio New York, NY 51,425,00051.4m $58.8m $58.8m 0.00% Reduced -4.7m -4,700,000
10 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 43,000,00043.0m $49.2m $49.2m 0.02% Added +11.0m +11,000,000
11 ADVENT CAPITAL MANAGEMENT /DE/ 1.21% of their portfolio NEW YORK, NY 35,844,00035.8m $41.1m $41.1m 1.21% Added +1.4m +1,393,000
12 CAPSTONE INVESTMENT ADVISORS, LLC 0.25% of their portfolio NEW YORK, NY 26,979,00027.0m $30.9m $30.9m 0.25% Reduced -17.0m -17,021,000
13 SHENKMAN CAPITAL MANAGEMENT INC 3.74% of their portfolio NEW YORK, NY 26,679,00026.7m $31.1m $31.1m 3.74% Added +11.1m +11,119,000
14 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.03% of their portfolio FRANKFURT AM MAIN, 2M 26,275,00026.3m $30.1m $30.1m 0.03% Added +1.0m +1,000,000
15 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 25,975,00026.0m $29.7m $29.7m 0.00% Reduced -875.0k -875,000
16 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 18,132,50018.1m $20.7m $20.7m 0.01% Reduced -6.0m -5,958,500
17 Balyasny Asset Management L.P. 0.04% of their portfolio Chicago, IL 18,000,00018.0m $20.6m $20.6m 0.04% New
18 Wellesley Asset Management 2.07% of their portfolio PORTSMOUTH, NH 17,150,00017.1m $19.8m $19.8m 2.07% Reduced -1.0m -1,001,000
19 RWC Asset Management LLP 0.82% of their portfolio LONDON, X0 17,142,00017.1m $19.6m $19.6m 0.82% Reduced -1.1m -1,058,000
20 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 16,881,00016.9m $19.3m $19.3m 0.02% Reduced -36.5m -36,491,000
21 FMR LLC 0.00% of their portfolio BOSTON, MA 16,700,00016.7m $19.1m $19.1m 0.00% New
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 16,567,00016.6m $18.6m $18.6m 0.00% Reduced -8.0m -8,019,000
23 GLAZER CAPITAL, LLC 0.39% of their portfolio New York, NY 16,000,00016.0m $18.3m $18.3m 0.39% New
24 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 15,929,00015.9m $18.2m $18.2m 0.00% Reduced -11.4m -11,441,000
25 CSS LLC/IL 0.99% of their portfolio CHICAGO, IL 15,678,00015.7m $17.9m $17.9m 0.99% Added +173.0k +173,000
26 O'Connor Alternative Investments LLC 0.90% of their portfolio NEW YORK, NY 15,000,00015.0m $17.2m $17.2m 0.90% First filing
27 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 14,500,00014.5m $16.6m $16.6m 0.01% Added +7.9m +7,856,000
28 ABSOLUTE INVESTMENT ADVISERS, LLC 1.85% of their portfolio ROSEMARY BEACH, FL 13,827,00013.8m $15.8m $15.8m 1.85% Unchanged
29 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 13,807,00013.8m $15.8m $15.8m 0.01% New
30 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio TORONTO, A6 12,500,00012.5m $14.3m $14.3m 0.02% Reduced -5.0m -5,000,000
31 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 11,000,00011.0m $12.6m $12.6m 0.01% Added +4.5m +4,500,000
32 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 10,000,00010.0m $11.4m $11.4m 0.01% Reduced -10.0m -10,000,000
33 SSI INVESTMENT MANAGEMENT LLC 0.73% of their portfolio Los Angeles, CA 9,239,0009.2m $10.6m $10.6m 0.73% New
34 LORD, ABBETT & CO. LLC 0.03% of their portfolio JERSEY CITY, NJ 9,000,0009.0m $10.3m $10.3m 0.03% New
35 OFI INVEST ASSET MANAGEMENT 0.12% of their portfolio ISSY LES MOULINEAUX, I0 8,800,0008.8m $8.7m $8.7m 0.12% Unchanged
36 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 8,382,0008.4m $9.6m $9.6m 0.02% Reduced -1.6m -1,555,000
37 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 8,349,0008.3m $9.5m $9.5m 0.01% Added +3.4m +3,411,000
38 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 7,863,0007.9m $9.0m $9.0m 0.00% Added +319.0k +319,000
39 Daiwa Securities Group Inc. 0.02% of their portfolio CHIYODA-KU,TOKYO, M0 7,500,0007.5m $8.6m $8.6m 0.02% New
40 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 7,500,0007.5m $8.6m $8.6m 0.01% Reduced -12.5m -12,500,000
41 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 6,312,0006.3m $7.2m $7.2m 0.00% Added +3.4m +3,435,000
42 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 6,000,0006.0m $6.8m $6.8m 0.01% Unchanged
43 KIM, LLC 1.01% of their portfolio WICHITA, KS 6,000,0006.0m $6.9m $6.9m 1.01% New
44 OAKTREE CAPITAL MANAGEMENT LP 0.10% of their portfolio LOS ANGELES, CA 5,397,0005.4m $6.2m $6.2m 0.10% New
45 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 4,150,0004.2m $4.7m $4.7m 0.00% Reduced -11.2m -11,235,000
46 Magnetar Financial LLC 0.05% of their portfolio EVANSTON, IL 4,000,0004.0m $4.6m $4.6m 0.05% New
47 Ionic Capital Management LLC 3.83% of their portfolio NEW YORK, NY 4,000,0004.0m $4.6m $4.6m 3.83% New
48 Pinpoint Asset Management (Singapore) Pte. Ltd. 1.07% of their portfolio SINGAPORE, U0 4,000,0004.0m $4.6m $4.6m 1.07% New
49 Amundi 0.00% of their portfolio Paris, I0 3,225,0003.2m $317.6k $317.6k 0.00% Unchanged
50 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 3,144,0003.1m $3.6m $3.6m 0.00% Reduced -9.2m -9,182,000
51 Ares Systematic Credit Ltd 2.65% of their portfolio LONDON, X0 3,000,0003.0m $3.4m $3.4m 2.65% Added +400.0k +400,000
52 Man Group plc 0.01% of their portfolio LONDON, X0 2,980,0003.0m $3.4m $3.4m 0.01% Reduced -39.5m -39,500,000
53 Lombard Odier Asset Management (Europe) Ltd 0.19% of their portfolio LONDON, X0 2,950,0003.0m $3.4m $3.4m 0.19% Unchanged
54 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,822,0002.8m $3.2m $3.2m 0.00% Added +2.6m +2,632,000
55 WOLVERINE ASSET MANAGEMENT LLC 0.04% of their portfolio CHICAGO, IL 2,500,0002.5m $2.9m $2.9m 0.04% Reduced -45.6m -45,638,000
56 Warberg Asset Management LLC 0.83% of their portfolio WINNETKA, IL 2,500,0002.5m $2.9m $2.9m 0.83% New
57 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,123,0002.1m $2.4m $2.4m 0.00% Reduced -11.8m -11,752,000
58 CREDIT INDUSTRIEL ET COMMERCIAL 0.32% of their portfolio PARIS FRANCE, I0 2,000,0002.0m $2.0m $2.0m 0.32% Reduced -3.0m -3,000,000
59 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,780,0001.8m $2.0m $2.0m 0.00% Reduced -5.1m -5,099,000
60 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,554,0001.6m $1.8m $1.8m 0.00% Added +1.2m +1,247,000
61 FLOSSBACH VON STORCH SE 0.01% of their portfolio COLOGNE, 2M 1,300,0001.3m $1.5m $1.5m 0.01% Reduced -400.0k -400,000
62 DNCA FINANCE 0.06% of their portfolio PARIS, I0 950,000950.0k $1.1m $1.1m 0.06% Added +700.0k +700,000
63 Calamos Wealth Management LLC 0.04% of their portfolio NAPERVILLE, IL 905,000905.0k $1.0m $1.0m 0.04% Added +747.0k +747,000
64 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 800,000800.0k $913.6k $913.6k 0.00% Reduced -200.0k -200,000
65 Kohlberg Kravis Roberts & Co. L.P. 0.02% of their portfolio NEW YORK, NY 765,000765.0k $875.6k $875.6k 0.02% Unchanged
66 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 400,000400.0k $457.6k $457.6k 0.00% Reduced -200.0k -200,000
67 ABN AMRO INVESTMENT SOLUTIONS 0.01% of their portfolio PARIS CEDEX 008, I0 380,000380.0k $435.5k $435.5k 0.01% Added +379.6k +379,620
68 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 362,000362.0k $413.4k $413.4k 0.00% Reduced -10.9m -10,861,000
69 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 309,000309.0k $353.7k $353.7k 0.00% New
70 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 250,000250.0k $285.7k $285.7k 0.00% New
71 AQR Arbitrage LLC 0.00% of their portfolio Greenwich, CT 210,000210.0k $240.4k $240.4k 0.00% Reduced -20.0k -20,000
72 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 150,000150.0k $171.2k $171.2k 0.00% New
73 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 112,090112.1k $12.8m $12.8m 0.01% Added +61.1k +61,090
74 NOMURA HOLDINGS INC 0.10% of their portfolio TOKYO, M0 101,172101.2k $11.6m $11.6m 0.10% Reduced -33.5k -33,493
75 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 45,00045.0k $51.4k $51.4k 0.00% Unchanged
76 Union Bancaire Privee, UBP SA 0.00% of their portfolio GENEVA 1, V8 43,00043.0k $48.6k $48.6k 0.00% New
77 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 23,00023.0k $26.3k $26.3k 0.00% Unchanged
78 UBS Group AG 0.00% of their portfolio ZURICH, V8 13,00013.0k $14.9k $14.9k 0.00% Reduced -6.3m -6,322,000
79 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 12,00012.0k $13.7k $13.7k 0.00% Unchanged
80 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 12,00012.0k $13.7k $13.7k 0.00% New
81 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 12,00012.0k $13.7k $13.7k 0.00% Reduced -11.0k -11,000
82 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 11,00011.0k $12.8k $12.8k 0.00% Reduced -6.0k -6,000
83 K2 PRINCIPAL FUND, L.P. 0.96% of their portfolio TORONTO, A6 8,0008.0k $9.1m $9.1m 0.96% New
84 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 7,0007.0k $8.0k $8.0k 0.00% New
85 Altrafin AG 0.20% of their portfolio ZURICH, V8 5,0065.0k $571.7k $571.7k 0.20% Reduced -15 -15
86 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 2,0002.0k $2.3k $2.3k 0.00% New
87 Candriam S.C.A. 0.01% of their portfolio STRASSEN, N4 2,0002.0k $2.3m $2.3m 0.01% Reduced -500 -500
88 Boussard & Gavaudan Investment Management LLP 0.22% of their portfolio London, X0 2,0002.0k $2.3m $2.3m 0.22% New
89 ODDO BHF ASSET MANAGEMENT SAS 0.03% of their portfolio PARIS, I0 590590 $675.8k $675.8k 0.03% Unchanged
90 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 00 $0 $0 0.00% New
91 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 00 $0 $0 0.00% Unchanged