Vault-13

ARBOR REALTY TRUST INC ABR 7.5 08.01.25

NOTE 7.500% 8/0 · US DOMESTIC · CUSIP 038923BA5

32 institutional holders +6 vs Q4 2023
7,099,8137.1m shares reported held*
$218.5mreported value*
9 new 5 added 12 reduced 3 sold out net sold ≈ $22.7m (-2.1m 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. Holder counts are more reliable. Implied quarter-end price ≈ $30.78.

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

02040Q4 23: 26Q1 24: 3232Q4 23Q1 24
Numbers
QuarterHolders
Q4 202326
Q1 202432

Biggest buyers

BNP PARIBAS FINANCIAL MARKETS New +21,398,000+21.4m
LAZARD ASSET MANAGEMENT LLC Added +6,000,000+6.0m
ROYAL BANK OF CANADA New +3,720,000+3.7m
PIPER SANDLER & CO. New +3,000,000+3.0m
BlackRock Inc. Added +1,700,000+1.7m
SSI INVESTMENT MANAGEMENT LLC Added +1,685,000+1.7m
Parallax Volatility Advisers, L.P. Added +1,000,000+1.0m
Amtrust Financial Services, Inc. Added +367,000+367.0k
D.A. DAVIDSON & CO. New +52,000+52.0k
WELLS FARGO & COMPANY/MN New +25,000+25.0k

Biggest sellers

CAPSTONE INVESTMENT ADVISORS, LLC Sold out -12,000,000-12.0m
CAMDEN ASSET MANAGEMENT L P /CA Reduced -11,000,000-11.0m
Context Capital Management, LLC Reduced -10,489,500-10.5m
WOLVERINE ASSET MANAGEMENT LLC Reduced -10,000,000-10.0m
Walleye Capital LLC Sold out -9,215,000-9.2m
OAKTREE CAPITAL MANAGEMENT LP Reduced -6,427,000-6.4m
Graham Capital Management, L.P. Reduced -4,250,000-4.2m
TWO SIGMA INVESTMENTS, LP Sold out -2,000,000-2.0m
Skaana Management L.P. Reduced -1,807,000-1.8m
JPMORGAN CHASE & CO Reduced -1,728,000-1.7m

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CAMDEN ASSET MANAGEMENT L P /CA 1.34% of their portfolio Los Angeles, CA 37,445,00037.4m $36.7m $36.7m 1.34% Reduced -11.0m -11,000,000
2 LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 36,000,00036.0m $35.4m $35.4m 0.04% Added +6.0m +6,000,000
3 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 21,398,00021.4m $21.0m $21.0m 0.03% New
4 Balyasny Asset Management L.P. 0.05% of their portfolio Chicago, IL 20,000,00020.0m $19.7m $19.7m 0.05% Unchanged
5 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 18,000,00018.0m $17.7m $17.7m 0.02% Unchanged
6 Graham Capital Management, L.P. 0.34% of their portfolio ROWAYTON, CT 12,200,00012.2m $12.1m $12.1m 0.34% Reduced -4.2m -4,250,000
7 Parallax Volatility Advisers, L.P. 0.31% of their portfolio San Francisco, CA 11,000,00011.0m $10.8m $10.8m 0.31% Added +1.0m +1,000,000
8 AMERICAN FINANCIAL GROUP INC 2.97% of their portfolio CINCINNATI, OH 8,040,0008.0m $7.9m $7.9m 2.97% Unchanged
9 Skaana Management L.P. 1.18% of their portfolio BROOKLYN, NY 4,343,0004.3m $4.3m $4.3m 1.18% Reduced -1.8m -1,807,000
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,290,0004.3m $4.3m $4.3m 0.00% Reduced -1.7m -1,728,000
11 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 3,720,0003.7m $3.6m $3.6m 0.00% New
12 CONNING INC. 0.12% of their portfolio HARTFORD, CT 3,600,0003.6m $3.5m $3.5m 0.12% Unchanged
13 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 3,180,0003.2m $3.1m $3.1m 0.01% Reduced -845.0k -845,000
14 PIPER SANDLER & CO. 2.02% of their portfolio MINNEAPOLIS, MN 3,000,0003.0m $2.9m $2.9m 2.02% New
15 CSS LLC/IL 0.24% of their portfolio CHICAGO, IL 3,000,0003.0m $3.0m $3.0m 0.24% Reduced -1.0m -1,000,000
16 BlackRock Inc. 0.00% of their portfolio New York, NY 2,925,0002.9m $2.9m $2.9m 0.00% Added +1.7m +1,700,000
17 Catalyst Capital Advisors LLC 0.06% of their portfolio San Juan, PR 2,600,0002.6m $2.6m $2.6m 0.06% Reduced -225.0k -225,000
18 GABELLI FUNDS LLC 0.02% of their portfolio Rye, NY 2,500,0002.5m $2.5m $2.5m 0.02% Unchanged
19 OAKTREE CAPITAL MANAGEMENT LP 0.04% of their portfolio LOS ANGELES, CA 2,493,0002.5m $2.5m $2.5m 0.04% Reduced -6.4m -6,427,000
20 WOLVERINE ASSET MANAGEMENT LLC 0.04% of their portfolio CHICAGO, IL 2,365,0002.4m $2.3m $2.3m 0.04% Reduced -10.0m -10,000,000
21 SSI INVESTMENT MANAGEMENT LLC 0.15% of their portfolio Los Angeles, CA 2,000,0002.0m $2.0m $2.0m 0.15% Added +1.7m +1,685,000
22 Amtrust Financial Services, Inc. 0.83% of their portfolio New York, NY 1,702,0001.7m $1.7m $1.7m 0.83% Added +367.0k +367,000
23 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,507,0001.5m $1.5m $1.5m 0.00% Reduced -573.0k -573,000
24 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,276,0001.3m $1.2m $1.2m 0.00% Reduced -1.1m -1,100,000
25 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 52,00052.0k $50.9k $50.9k 0.00% New
26 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 25,00025.0k $25.0k $25.0k 0.00% New
27 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 25,00025.0k $24.5k $24.5k 0.00% New
28 Goldstein Advisors, LLC 0.00% of their portfolio Madison, WI 25,00025.0k $24.6k $24.6k 0.00% New
29 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 16,00016.0k $15.0k $15.0k 0.00% New
30 Context Capital Management, LLC 0.49% of their portfolio LAJOLLA, CA 10,50010.5k $10.4m $10.4m 0.49% Reduced -10.5m -10,489,500
31 LAFFER TENGLER INVESTMENTS, INC. 0.74% of their portfolio Scottsdale, AZ 2,8132.8k $2.8m $2.8m 0.74% New
32 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged