Vault-13

ALARM COM HLDGS INC ALRM 2.25 06.01.29

NOTE 2.250% 6/0 · US DOMESTIC · CUSIP 011642AD7

43 institutional holders +5 vs Q4 2025
21,800,30021.8m shares reported held*
$421.8mreported value*
10 new 12 added 9 reduced 4 sold out net sold ≈ $525.0k (+7.2m 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 ($253.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $19.36.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q2 25: 40Q3 25: 38Q4 25: 38Q1 26: 4343Q2 25Q3 25Q4 25Q1 26
Numbers
QuarterHolders
Q2 202540
Q3 202538
Q4 202538
Q1 202643

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 25: 20 bought or addedQ3 25: 11 cut or sold outQ3 25Q4 25: 19 bought or addedQ4 25: 15 cut or sold outQ4 25Q1 26: 22 bought or addedQ1 26: 13 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q3 20252011
Q4 20251915
Q1 20262213

Biggest buyers

BANK OF AMERICA CORP /DE/ New +8,346,000+8.3m
Davidson Kempner Capital Management LP Added +6,508,000+6.5m
SSI INVESTMENT MANAGEMENT LLC New +5,500,000+5.5m
LAZARD ASSET MANAGEMENT LLC New +4,500,000+4.5m
ROYAL BANK OF CANADA New +2,870,000+2.9m
ABSOLUTE INVESTMENT ADVISERS, LLC Added +2,000,000+2.0m
TORONTO DOMINION BANK Added +1,617,000+1.6m
CREDIT INDUSTRIEL ET COMMERCIAL Added +1,556,000+1.6m
BlackRock, Inc. Added +1,425,000+1.4m
OAKTREE CAPITAL MANAGEMENT LP New +1,008,000+1.0m

Biggest sellers

Wellesley Asset Management Reduced -11,814,000-11.8m
WELLINGTON MANAGEMENT GROUP LLP Reduced -11,781,000-11.8m
SSI INVESTMENT MANAGEMENT LLC Sold out -3,500,000-3.5m
RWC Asset Management LLP Sold out -2,858,000-2.9m
TWO SIGMA INVESTMENTS, LP Reduced -2,500,000-2.5m
AQR Arbitrage LLC Reduced -1,025,000-1.0m
STATE STREET CORP Reduced -925,000-925.0k
CITIGROUP INC Reduced -800,000-800.0k
Jefferies Financial Group Inc. Sold out -565,000-565.0k
BNP PARIBAS FINANCIAL MARKETS Reduced -453,000-453.0k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 STEELHEAD PARTNERS LLC 5.98% of their portfolio SEATTLE, WA 90,000,00090.0m $83.2m $83.2m 5.98% Unchanged
2 Davidson Kempner Capital Management LP 1.09% of their portfolio New York, NY 66,508,00066.5m $61.2m $61.2m 1.09% Added +6.5m +6,508,000
3 WOLVERINE ASSET MANAGEMENT LLC 0.78% of their portfolio CHICAGO, IL 53,944,00053.9m $49.8m $49.8m 0.78% Added +1.0m +1,000,000
4 Arena Capital Advisors, LLC- CA 12.40% of their portfolio LOS ANGELES, CA 26,600,00026.6m $24.8m $24.8m 12.40% Unchanged
5 CAMDEN ASSET MANAGEMENT L P /CA 0.64% of their portfolio Los Angeles, CA 20,471,00020.5m $18.8m $18.8m 0.64% Unchanged
6 Calamos Advisors LLC 0.07% of their portfolio NAPERVILLE, IL 20,000,00020.0m $18.5m $18.5m 0.07% Unchanged
7 AQR Arbitrage LLC 0.30% of their portfolio Greenwich, CT 19,950,00019.9m $18.4m $18.4m 0.30% Reduced -1.0m -1,025,000
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 19,275,00019.3m $17.8m $17.8m 0.00% Added +676.0k +676,000
9 Man Group plc 0.02% of their portfolio LONDON, X0 12,298,00012.3m $11.3m $11.3m 0.02% Unchanged
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 10,183,00010.2m $9.4m $9.4m 0.00% Reduced -925.0k -925,000
11 ABSOLUTE INVESTMENT ADVISERS, LLC 1.08% of their portfolio ROSEMARY BEACH, FL 10,000,00010.0m $9.2m $9.2m 1.08% Added +2.0m +2,000,000
12 KIM, LLC 1.36% of their portfolio WICHITA, KS 10,000,00010.0m $9.2m $9.2m 1.36% Added +1.0m +1,000,000
13 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 9,625,0009.6m $8.9m $8.9m 0.01% Reduced -453.0k -453,000
14 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 9,450,0009.4m $8.7m $8.7m 0.01% Reduced -2.5m -2,500,000
15 Groupe la Francaise 0.12% of their portfolio PARIS, I0 9,000,0009.0m $8.3m $8.3m 0.12% Unchanged
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 8,346,0008.3m $7.7m $7.7m 0.00% New
17 BlackRock, Inc. 0.00% of their portfolio New York, NY 7,625,0007.6m $7.0m $7.0m 0.00% Added +1.4m +1,425,000
18 CREDIT INDUSTRIEL ET COMMERCIAL 1.04% of their portfolio PARIS FRANCE, I0 6,556,0006.6m $6.6m $6.6m 1.04% Added +1.6m +1,556,000
19 Wellesley Asset Management 0.55% of their portfolio PORTSMOUTH, NH 5,649,0005.6m $5.2m $5.2m 0.55% Reduced -11.8m -11,814,000
20 SSI INVESTMENT MANAGEMENT LLC 0.35% of their portfolio Los Angeles, CA 5,500,0005.5m $5.1m $5.1m 0.35% New
21 Ares Systematic Credit Ltd 3.35% of their portfolio LONDON, X0 4,600,0004.6m $4.2m $4.2m 3.35% Added +300.0k +300,000
22 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 4,500,0004.5m $41.5k $41.5k 0.00% New
23 Lombard Odier Asset Management (Europe) Ltd 0.23% of their portfolio LONDON, X0 4,402,0004.4m $4.1m $4.1m 0.23% Reduced -198.0k -198,000
24 OFI INVEST ASSET MANAGEMENT 0.04% of their portfolio ISSY LES MOULINEAUX, I0 3,300,0003.3m $2.7m $2.7m 0.04% Unchanged
25 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 3,000,0003.0m $2.8m $2.8m 0.01% Unchanged
26 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,870,0002.9m $2.6m $2.6m 0.00% New
27 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 2,733,0002.7m $2.5m $2.5m 0.00% Added +1.6m +1,617,000
28 Aequim Alternative Investments LP 0.04% of their portfolio MILL VALLEY, CA 2,500,0002.5m $2.3m $2.3m 0.04% Unchanged
29 Amundi 0.00% of their portfolio Paris, I0 2,300,0002.3m $2.1k $2.1k 0.00% Unchanged
30 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,108,0002.1m $1.9m $1.9m 0.00% Added +2.0k +2,000
31 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,517,0001.5m $1.4m $1.4m 0.00% Added +692.0k +692,000
32 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,232,0001.2m $1.1m $1.1m 0.00% Reduced -800.0k -800,000
33 OAKTREE CAPITAL MANAGEMENT LP 0.02% of their portfolio LOS ANGELES, CA 1,008,0001.0m $930.5k $930.5k 0.02% New
34 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,000,0001.0m $922.5k $922.5k 0.00% New
35 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 775,000775.0k $721.3k $721.3k 0.00% Reduced -11.8m -11,781,000
36 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 500,000500.0k $466.1k $466.1k 0.00% New
37 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 456,000456.0k $425.1k $425.1k 0.00% Added +134.0k +134,000
38 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 351,000351.0k $323.4k $323.4k 0.00% New
39 Kohlberg Kravis Roberts & Co. L.P. 0.00% of their portfolio NEW YORK, NY 270,000270.0k $249.2k $249.2k 0.00% Reduced -435.0k -435,000
40 VIRTUS ADVISERS, LLC 0.02% of their portfolio HARTFORD, CT 46,00046.0k $42.3k $42.3k 0.02% Unchanged
41 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 3,0003.0k $2.8m $2.8m 0.01% New
42 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 2,0002.0k $1.8k $1.8k 0.00% New
43 ODDO BHF ASSET MANAGEMENT SAS 0.01% of their portfolio PARIS, I0 300300 $280.1k $280.1k 0.01% Unchanged