Vault-13

CADIZ INC CDZI

COM NEW · Common Stock · CUSIP 127537207

99 institutional holders -10 vs Q1 2025
32,950,39733.0m shares reported held*
40.2% of all shares outstanding*
$98.5mreported value*
9 new 38 added 26 reduced 18 sold out net bought ≈ $3.1m (+1.0m 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 ($31.3k this quarter). Holder counts are more reliable. Shares outstanding: 82.0m as of 2025-08-12, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $2.99. Options: 7 managers hold calls ($2.0m notional), 7 hold puts ($355.3k).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 62Q4 22: 52Q1 23: 63Q2 23: 81Q3 23: 82Q4 23: 81Q1 24: 78Q2 24: 86Q3 24: 83Q4 24: 98Q1 25: 109Q2 25: 9999Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202262
Q4 202252
Q1 202363
Q2 202381
Q3 202382
Q4 202381
Q1 202478
Q2 202486
Q3 202483
Q4 202498
Q1 2025109
Q2 202599

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 38 bought or addedQ3 23: 29 cut or sold outQ4 23: 32 bought or addedQ4 23: 33 cut or sold outQ4 23Q1 24: 30 bought or addedQ1 24: 37 cut or sold outQ2 24: 38 bought or addedQ2 24: 31 cut or sold outQ2 24Q3 24: 30 bought or addedQ3 24: 32 cut or sold outQ4 24: 48 bought or addedQ4 24: 31 cut or sold outQ4 24Q1 25: 53 bought or addedQ1 25: 32 cut or sold outQ2 25: 47 bought or addedQ2 25: 44 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20233829
Q4 20233233
Q1 20243037
Q2 20243831
Q3 20243032
Q4 20244831
Q1 20255332
Q2 20254744

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$500k$1m$1.5m$2mQ3 24 calls: $84.8kQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $552.4kQ4 24 puts: $764.4kQ4 24P/C 1.38Q1 25 calls: $982.1kQ1 25 puts: $878.1kQ1 25P/C 0.89Q2 25 calls: $2.0mQ2 25 puts: $355.3kQ2 25P/C 0.18
Numbers
QuarterCallsPutsP/C
Q3 2024$84.8k$00.00
Q4 2024$552.4k$764.4k1.38
Q1 2025$982.1k$878.1k0.89
Q2 2025$2.0m$355.3k0.18

Biggest buyers

BARCLAYS PLC Added +1,051,140+1.1m
ROYAL BANK OF CANADA Added +557,670+557.7k
BlackRock, Inc. Added +511,444+511.4k
BANK OF AMERICA CORP /DE/ Added +507,449+507.4k
GAM Holding AG New +400,000+400.0k
VANGUARD GROUP INC Added +287,668+287.7k
Whitefort Capital Management, LP Added +266,871+266.9k
GEODE CAPITAL MANAGEMENT, LLC Added +208,830+208.8k
LEVIN CAPITAL STRATEGIES, L.P. Added +176,142+176.1k
Diametric Capital, LP New +162,400+162.4k

Biggest sellers

American Assets Capital Advisers, LLC Reduced -917,663-917.7k
272 Capital LP Reduced -596,802-596.8k
BOOTHBAY FUND MANAGEMENT, LLC Reduced -596,802-596.8k
HCR Wealth Advisors Reduced -562,750-562.8k
Alyeska Investment Group, L.P. Reduced -257,601-257.6k
GRATIA CAPITAL, LLC Reduced -250,000-250.0k
RENAISSANCE TECHNOLOGIES LLC Reduced -176,900-176.9k
Rangeley Capital, LLC Reduced -161,000-161.0k
MARSHALL WACE, LLP Sold out -114,574-114.6k
ExodusPoint Capital Management, LP Sold out -114,077-114.1k

Biggest calls

BARCLAYS PLC New $1.5m513.3k shares
CITADEL ADVISORS LLC Reduced $161.2k53.9k shares
JANE STREET GROUP, LLC Reduced $151.0k50.5k shares
SIMPLEX TRADING, LLC Reduced $73.0k24.7k shares
WOLVERINE TRADING, LLC Added $42.4k13.6k shares
GROUP ONE TRADING LLC New $2.4k800 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Crawford Fund Management, LLC Reduced $149.5k50.0k shares
CITADEL ADVISORS LLC Added $87.6k29.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $75.9k25.4k shares
WOLVERINE TRADING, LLC Reduced $38.1k12.2k shares
GROUP ONE TRADING LLC Reduced $4.2k1.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC Reduced $0100 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution new · filed 2026-07-27 6.0% new 5.0m≈ $21.0m 2026-07-27
BANK OF AMERICA CORP /DE/ 13G · institution new · filed 2026-10-28 5.9% new 5.0m≈ $20.7m 2026-10-28

Insider purchases and sales in Q2 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q3 23: 4 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 1 buyingQ1 24: 0 sellingQ2 24: 1 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 0 sellingQ4 24Q1 25: 0 buyingQ1 25: 0 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20234$459.2k0——
Q4 20230—0——
Q1 20241$19.0k0——
Q2 20241$56.2k0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Whitefort Capital Management, LP 4.61% of their portfolio NEW YORK, NY 3,986,8224.0m $11.9m $11.9m 4.61% Added +266.9k +266,871
2 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,580,5263.6m $10.7m $10.7m 0.00% Added +511.4k +511,444
3 LEVIN CAPITAL STRATEGIES, L.P. 0.95% of their portfolio NEW YORK, NY 3,242,5223.2m $9.7m $9.7m 0.95% Added +176.1k +176,142
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,900,5582.9m $8.7m $8.7m 0.00% Added +287.7k +287,668
5 Alyeska Investment Group, L.P. 0.03% of their portfolio CHICAGO, IL 2,478,3082.5m $7.4m $7.4m 0.03% Reduced -257.6k -257,601
6 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,096,8712.1m $6.3m $6.3m 0.00% Added +1.1m +1,051,140
7 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,517,7511.5m $4.5m $4.5m 0.00% Added +507.4k +507,449
8 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,262,3791.3m $3.8m $3.8m 0.00% Added +208.8k +208,830
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,093,1451.1m $3.3m $3.3m 0.00% Added +138.4k +138,418
10 American Assets Capital Advisers, LLC 2.94% of their portfolio SAN DIEGO, CA 979,554979.6k $2.9m $2.9m 2.94% Reduced -917.7k -917,663
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 945,852945.9k $2.8m $2.8m 0.00% Reduced -26.3k -26,276
12 GRATIA CAPITAL, LLC 2.40% of their portfolio LOS ANGELES, CA 737,500737.5k $2.2m $2.2m 2.40% Reduced -250.0k -250,000
13 ELKHORN PARTNERS LIMITED PARTNERSHIP 1.48% of their portfolio OMAHA, NE 683,000683.0k $2.0m $2.0m 1.48% Added +46.0k +46,000
14 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 561,660561.7k $1.7m $1.7m 0.00% Added +557.7k +557,670
15 Rangeley Capital, LLC 1.76% of their portfolio NEW CANAAN, CT 469,000469.0k $1.4m $1.4m 1.76% Reduced -161.0k -161,000
16 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 457,185457.2k $1.4m $1.4m 0.00% Added +57.9k +57,921
17 CAPSTONE INVESTMENT ADVISORS, LLC 0.01% of their portfolio NEW YORK, NY 437,038437.0k $1.3m $1.3m 0.01% Unchanged
18 Nokomis Capital, L.L.C. 0.51% of their portfolio DALLAS, TX 405,000405.0k $1.2m $1.2m 0.51% Unchanged
19 GAM Holding AG 0.08% of their portfolio Zurich, V8 400,000400.0k $1.2m $1.2m 0.08% New
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 322,975323.0k $965.7k $965.7k 0.00% Added +149.6k +149,595
21 Parkshore Wealth Management, Inc. 0.37% of their portfolio Granite Bay, CA 255,618255.6k $764.3k $764.3k 0.37% Unchanged
22 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 233,358233.4k $697.7k $697.7k 0.00% Reduced -31.5k -31,454
23 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 210,296210.3k $628.8k $628.8k 0.00% Added +56.0k +56,040
24 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 180,932180.9k $541.0k $541.0k 0.00% Added +1.3k +1,270
25 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 176,294176.3k $527.1k $527.1k 0.00% Added +18.0k +17,982
26 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 170,000170.0k $508.3k $508.3k 0.00% Reduced -176.9k -176,900
27 Diametric Capital, LP 0.26% of their portfolio BOSTON, MA 162,400162.4k $485.6k $485.6k 0.26% New
28 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 161,212161.2k $482.0k $482.0k 0.00% Added +36.3k +36,330
29 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 156,723156.7k $468.6k $468.6k 0.00% Added +7.4k +7,356
30 Delta Investment Management, LLC 0.09% of their portfolio SAN FRANCISCO, CA 154,681154.7k $462.5k $462.5k 0.09% Added +17.5k +17,500
31 UBS Group AG 0.00% of their portfolio ZURICH, V8 143,893143.9k $430.2k $430.2k 0.00% Reduced -18.2k -18,194
32 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 140,474140.5k $420.0k $420.0k 0.01% Added +89.6k +89,645
33 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 137,230137.2k $410.3k $410.3k 0.00% New
34 BRC Group Holdings, Inc. 0.42% of their portfolio LOS ANGELES, CA 121,537121.5k $363.4k $363.4k 0.42% Unchanged
35 EQUITEC PROPRIETARY MARKETS, LLC 1.29% of their portfolio CHICAGO, IL 108,046108.0k $323.1k $323.1k 1.29% Unchanged
36 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 106,825106.8k $319.4k $319.4k 0.00% Reduced -76.1k -76,108
37 INGALLS & SNYDER LLC 0.01% of their portfolio NEW YORK, NY 98,60098.6k $295.0k $295.0k 0.01% Reduced -5.1k -5,100
38 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 91,96392.0k $275.0k $275.0k 0.00% Added +54.7k +54,725
39 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 91,08891.1k $272.4k $272.4k 0.00% Reduced -65.2k -65,167
40 BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 89,93689.9k $268.9k $268.9k 0.01% Reduced -596.8k -596,802
41 272 Capital LP 1.10% of their portfolio DALLAS, TX 89,93689.9k $268.9k $268.9k 1.10% Reduced -596.8k -596,802
42 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 89,82189.8k $268.6k $268.6k 0.00% Added +18.8k +18,841
43 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 80,26780.3k $240.0k $240.0k 0.00% Added +44.2k +44,249
44 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio HOUSTON, TX 77,56877.6k $231.9k $231.9k 0.01% Unchanged
45 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 65,19965.2k $195.0k $195.0k 0.00% Added +5.6k +5,563
46 PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 63,53963.5k $190.0k $190.0k 0.02% New
47 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 62,19062.2k $185.9k $185.9k 0.00% Added +21.9k +21,900
48 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 51,36151.4k $153.6k $153.6k 0.01% Added +43.3k +43,272
49 HCR Wealth Advisors 0.02% of their portfolio LOS ANGELES, CA 49,00049.0k $146.5k $146.5k 0.02% Reduced -562.8k -562,750
50 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 48,80048.8k $145.9k $145.9k 0.00% Unchanged
51 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 48,27848.3k $144.4k $144.4k 0.01% New
52 MINDSET WEALTH MANAGEMENT, LLC 0.04% of their portfolio INDIANAPOLIS, IN 44,00044.0k $131.6k $131.6k 0.04% Added +3.0k +3,000
53 CANTOR FITZGERALD, L. P. 0.00% of their portfolio NEW YORK, NY 40,67140.7k $121.6k $121.6k 0.00% Reduced -424 -424
54 Christopher J. Hasenberg, Inc 0.04% of their portfolio EAU CLAIRE, WI 39,86339.9k $119.2k $119.2k 0.04% Unchanged
55 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 37,10037.1k $110.9k $110.9k 0.00% Added +20.0k +20,000
56 Rathbones Group PLC 0.00% of their portfolio Liverpool, X0 34,85834.9k $104.2k $104.2k 0.00% Unchanged
57 WOLVERINE TRADING, LLC 0.00% of their portfolio CHICAGO, IL 33,93433.9k $105.9k $105.9k 0.00% Reduced -1.9k -1,907
58 INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio WEST PALM BEACH, FL 33,22733.2k $99.3k $99.3k 0.00% Reduced -18.2k -18,174
59 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 32,71832.7k $97.8k $97.8k 0.00% Added +26.7k +26,706
60 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 30,34630.3k $90.7k $90.7k 0.00% Added +8.3k +8,289
61 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 30,07230.1k $89.9k $89.9k 0.00% Added +5.0k +5,012
62 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 28,43028.4k $85.0k $85.0k 0.00% Unchanged
63 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 26,88926.9k $80.4k $80.4k 0.00% Added +3.1k +3,074
64 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 26,84326.8k $80.3k $80.3k 0.00% Reduced -14.4k -14,423
65 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 21,92621.9k $65.6k $65.6k 0.00% Added +4.9k +4,918
66 Brookwood Investment Group LLC 0.01% of their portfolio PHOENIX, AZ 21,50021.5k $64.3k $64.3k 0.01% Added +500 +500
67 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 19,72519.7k $59.0k $59.0k 0.00% Reduced -10.5k -10,497
68 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 18,86918.9k $56.4k $56.4k 0.00% Reduced -98 -98
69 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 18,80318.8k $56.2k $56.2k 0.00% Added +1.0k +1,009
70 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 16,82216.8k $50.3k $50.3k 0.00% Reduced -7.5k -7,492
71 Morton Capital Management LLC/CA 0.01% of their portfolio CALABASAS, CA 16,67516.7k $49.9k $49.9k 0.01% Unchanged
72 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 14,88114.9k $44.5k $44.5k 0.00% Reduced -12.1k -12,111
73 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 11,27411.3k $33.7k $33.7k 0.00% New
74 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 10,53510.5k $31.5k $31.5k 0.00% New
75 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 10,48010.5k $31.3k $31.3k 0.00% Unchanged
76 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 10,16410.2k $30.4k $30.4k 0.00% Reduced -4 -4
77 GABELLI FUNDS LLC 0.00% of their portfolio Rye, NY 10,00010.0k $29.9k $29.9k 0.00% Unchanged
78 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 7,5357.5k $22.5k $22.5k 0.00% Added +2.8k +2,815
79 FMR LLC 0.00% of their portfolio BOSTON, MA 6,7696.8k $20.2k $20.2k 0.00% Reduced -2.8k -2,794
80 Legal & General Group Plc 0.00% of their portfolio London, X0 6,1276.1k $18.3k $18.3k 0.00% Added +2.0k +2,013
81 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 5,1275.1k $15.3k $15.3k 0.00% Added +2.8k +2,833
82 LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 0.00% of their portfolio BOSTON, MA 5,0005.0k $14.9k $14.9k 0.00% Unchanged
83 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 3,3493.3k $10.0k $10.0k 0.00% Unchanged
84 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 3,0523.1k $9.1k $9.1k 0.00% Unchanged
85 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,5751.6k $4.7k $4.7k 0.00% Unchanged
86 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 1,3671.4k $4.0k $4.0k 0.00% Unchanged
87 Evelyn Partners Investment Management LLP 0.00% of their portfolio London, X0 1,3661.4k $4.1k $4.1k 0.00% Unchanged
88 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 1,0421.0k $3.1k $3.1k 0.00% Unchanged
89 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 1,0001.0k $3.1k $3.1k 0.00% New
90 TrinityBridge Ltd 0.00% of their portfolio LONDON, X0 1,0001.0k $3.0k $3.0k 0.00% Unchanged
91 CWM, LLC 0.00% of their portfolio OMAHA, NE 550550 $2.0k $2.0k 0.00% Reduced -5 -5
92 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 358358 $1.1k $1.1k 0.00% Unchanged
93 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 135135 $404 $404 0.00% New
94 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 9898 $293 $293 0.00% Added +55 +55
95 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 6060 $179 $179 0.00% Unchanged
96 1620 INVESTMENT ADVISORS, INC. 0.00% of their portfolio PLYMOUTH, MA 3535 $105 $105 0.00% Unchanged
97 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1616 $48 $48 0.00% Reduced -60 -60
98 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged
99 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 00 $634 $634 0.00% Unchanged