ARBOR REALTY TRUST INC ABR 4.75 11.01.22

NOTE 4.750%11/0 · US DOMESTIC · CUSIP 038923AP3

0 institutional holders -16 vs Q3 2022

—reported value*

0 new 0 added 0 reduced 16 sold out net sold ≈ $53.2m (-2.5m 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.

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

Numbers

Quarter	Holders
Q3 2022	16
Q4 2022	0

Biggest buyers

None

Biggest sellers

HBK INVESTMENTS L P	Sold out	-19,424,000-19.4m
PIPER SANDLER & CO.	Sold out	-7,745,000-7.7m
Parallax Volatility Advisers, L.P.	Sold out	-6,523,000-6.5m
BARINGS LLC	Sold out	-5,000,000-5.0m
AMERICAN FINANCIAL GROUP INC	Sold out	-5,000,000-5.0m
OAKTREE CAPITAL MANAGEMENT LP	Sold out	-3,413,000-3.4m
Thrivent Financial for Lutherans	Sold out	-2,500,000-2.5m
CAMDEN ASSET MANAGEMENT L P /CA	Sold out	-1,175,000-1.2m
Walleye Capital LLC	Sold out	-787,000-787.0k
Russell Investments Group, Ltd.	Sold out	-713,000-713.0k

Holders, Q4 2022

#	Manager	Location	Shares	Value	% of their portfolio	Change	Shares change