Vault-13

CARDLYTICS INC CDLX 4.25 04.01.29

NOTE 4.250% 4/0 · US DOMESTIC · CUSIP 14161WAD7

8 institutional holders -1 vs Q1 2026
1,000,0001.0m shares reported held*
$45.2mreported value*
1 new 3 added 0 reduced 2 sold out net sold ≈ $1.8m

* 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 ≈ $45.19.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

051015Q2 25: 13Q3 25: 11Q4 25: 10Q1 26: 9Q2 26: 88Q2 25Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q2 202513
Q3 202511
Q4 202510
Q1 20269
Q2 20268

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q3 25: 1 bought or addedQ3 25: 7 cut or sold outQ3 25Q4 25: 3 bought or addedQ4 25: 5 cut or sold outQ4 25Q1 26: 3 bought or addedQ1 26: 4 cut or sold outQ1 26Q2 26: 4 bought or addedQ2 26: 2 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202517
Q4 202535
Q1 202634
Q2 202642

Biggest buyers

Context Capital Management, LLC Added +16,649,000+16.6m
PenderFund Capital Management Ltd. Added +6,092,000+6.1m
TENOR CAPITAL MANAGEMENT Co., L.P. New +5,000,000+5.0m
683 Capital Management, LLC Added +5,000,000+5.0m

Biggest sellers

FMR LLC Sold out -31,141,000-31.1m
READYSTATE ASSET MANAGEMENT LP Sold out -1,600,000-1.6m

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PenderFund Capital Management Ltd. 1.99% of their portfolio VANCOUVER, A1 53,802,00053.8m $15.5m $15.5m 1.99% Added +6.1m +6,092,000
2 Context Capital Management, LLC 0.25% of their portfolio LAJOLLA, CA 42,939,00042.9m $12.4m $12.4m 0.25% Added +16.6m +16,649,000
3 683 Capital Management, LLC 0.54% of their portfolio NEW YORK, NY 20,500,00020.5m $5.9m $5.9m 0.54% Added +5.0m +5,000,000
4 WOLVERINE ASSET MANAGEMENT LLC 0.05% of their portfolio CHICAGO, IL 12,379,00012.4m $3.6m $3.6m 0.05% Unchanged
5 CAPSTONE INVESTMENT ADVISORS, LLC 0.03% of their portfolio NEW YORK, NY 11,145,00011.1m $4.6m $4.6m 0.03% Unchanged
6 TENOR CAPITAL MANAGEMENT Co., L.P. 0.02% of their portfolio NEW YORK, NY 5,000,0005.0m $1.6m $1.6m 0.02% New
7 DeepCurrents Investment Group LLC 0.04% of their portfolio NEW YORK, NY 4,435,0004.4m $1.2m $1.2m 0.04% Unchanged
8 RBF Capital, LLC 0.02% of their portfolio RENO, NV 1,000,0001.0m $401.5k $401.5k 0.02% Unchanged