Vault-13

ARBOR REALTY TRUST INC ABR 7.5 08.01.25

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

29 institutional holders -3 vs Q1 2024
5,180,6295.2m shares reported held*
$196.3mreported value*
4 new 8 added 9 reduced 7 sold out net sold ≈ $32.8m (-1.9m 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 ≈ $37.90.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

02040Q4 23: 26Q1 24: 32Q2 24: 2929Q4 23Q1 24Q2 24
Numbers
QuarterHolders
Q4 202326
Q1 202432
Q2 202429

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q1 24: 14 bought or addedQ1 24: 15 cut or sold outQ1 24Q2 24: 12 bought or addedQ2 24: 16 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q1 20241415
Q2 20241216

Biggest buyers

JPMORGAN CHASE & CO Added +13,472,000+13.5m
WATERFALL ASSET MANAGEMENT, LLC New +10,750,000+10.8m
MOORE CAPITAL MANAGEMENT, LP New +6,000,000+6.0m
Skaana Management L.P. Added +5,441,000+5.4m
BLUEFIN CAPITAL MANAGEMENT, LLC New +5,000,000+5.0m
CAMDEN ASSET MANAGEMENT L P /CA Added +4,500,000+4.5m
Graham Capital Management, L.P. Added +4,500,000+4.5m
OAKTREE CAPITAL MANAGEMENT LP Added +1,011,000+1.0m
Russell Investments Group, Ltd. Added +489,000+489.0k
BlackRock Inc. Added +200,000+200.0k

Biggest sellers

LAZARD ASSET MANAGEMENT LLC Sold out -36,000,000-36.0m
BNP PARIBAS FINANCIAL MARKETS Sold out -21,398,000-21.4m
AMERICAN FINANCIAL GROUP INC Sold out -8,040,000-8.0m
Balyasny Asset Management L.P. Reduced -6,554,000-6.6m
CSS LLC/IL Sold out -3,000,000-3.0m
GABELLI FUNDS LLC Sold out -2,500,000-2.5m
WOLVERINE ASSET MANAGEMENT LLC Sold out -2,365,000-2.4m
Thrivent Financial for Lutherans Reduced -1,500,000-1.5m
Amtrust Financial Services, Inc. Reduced -1,174,000-1.2m
ROYAL BANK OF CANADA Reduced -947,000-947.0k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CAMDEN ASSET MANAGEMENT L P /CA 1.27% of their portfolio Los Angeles, CA 41,945,00041.9m $41.9m $41.9m 1.27% Added +4.5m +4,500,000
2 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 18,000,00018.0m $18.1m $18.1m 0.03% Unchanged
3 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 17,762,00017.8m $17.8m $17.8m 0.00% Added +13.5m +13,472,000
4 Graham Capital Management, L.P. 0.58% of their portfolio ROWAYTON, CT 16,700,00016.7m $16.7m $16.7m 0.58% Added +4.5m +4,500,000
5 Balyasny Asset Management L.P. 0.03% of their portfolio Chicago, IL 13,446,00013.4m $13.5m $13.5m 0.03% Reduced -6.6m -6,554,000
6 Parallax Volatility Advisers, L.P. 0.28% of their portfolio San Francisco, CA 11,000,00011.0m $11.0m $11.0m 0.28% Unchanged
7 WATERFALL ASSET MANAGEMENT, LLC 9.12% of their portfolio NEW YORK, NY 10,750,00010.8m $10.6m $10.6m 9.12% New
8 Skaana Management L.P. 3.72% of their portfolio BROOKLYN, NY 9,784,0009.8m $9.8m $9.8m 3.72% Added +5.4m +5,441,000
9 MOORE CAPITAL MANAGEMENT, LP 0.13% of their portfolio NEW YORK, NY 6,000,0006.0m $6.1m $6.1m 0.13% New
10 BLUEFIN CAPITAL MANAGEMENT, LLC 1.39% of their portfolio NEW YORK, NY 5,000,0005.0m $5.2m $5.2m 1.39% New
11 CONNING INC. 0.13% of their portfolio HARTFORD, CT 3,600,0003.6m $3.6m $3.6m 0.13% Unchanged
12 OAKTREE CAPITAL MANAGEMENT LP 0.06% of their portfolio LOS ANGELES, CA 3,504,0003.5m $3.5m $3.5m 0.06% Added +1.0m +1,011,000
13 BlackRock Inc. 0.00% of their portfolio New York, NY 3,125,0003.1m $3.1m $3.1m 0.00% Added +200.0k +200,000
14 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,773,0002.8m $2.8m $2.8m 0.00% Reduced -947.0k -947,000
15 PIPER SANDLER & CO. 2.13% of their portfolio MINNEAPOLIS, MN 2,750,0002.8m $2.7m $2.7m 2.13% Reduced -250.0k -250,000
16 Catalyst Capital Advisors LLC 0.05% of their portfolio San Juan, PR 2,300,0002.3m $2.3m $2.3m 0.05% Reduced -300.0k -300,000
17 SSI INVESTMENT MANAGEMENT LLC 0.15% of their portfolio Los Angeles, CA 2,000,0002.0m $2.0m $2.0m 0.15% Unchanged
18 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,996,0002.0m $2.1m $2.1m 0.00% Added +489.0k +489,000
19 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 1,680,0001.7m $1.7m $1.7m 0.00% Reduced -1.5m -1,500,000
20 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,076,0001.1m $1.1m $1.1m 0.00% Reduced -200.0k -200,000
21 Amtrust Financial Services, Inc. 0.26% of their portfolio New York, NY 528,000528.0k $527.3k $527.3k 0.26% Reduced -1.2m -1,174,000
22 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 81,00081.0k $80.9k $80.9k 0.00% New
23 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 52,00052.0k $51.9k $51.9k 0.00% Unchanged
24 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 25,00025.0k $25.0k $25.0k 0.00% Unchanged
25 Goldstein Advisors, LLC 0.00% of their portfolio Madison, WI 18,00018.0k $18.0k $18.0k 0.00% Reduced -7.0k -7,000
26 Context Capital Management, LLC 0.63% of their portfolio LAJOLLA, CA 17,34017.3k $17.4m $17.4m 0.63% Added +6.8k +6,840
27 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 16,00016.0k $15.0k $15.0k 0.00% Unchanged
28 LAFFER TENGLER INVESTMENTS, INC. 0.60% of their portfolio Scottsdale, AZ 2,6292.6k $2.8m $2.8m 0.60% Reduced -184 -184
29 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged