Vault-13

CHEESECAKE FACTORY INC CAKE 0.375 06.15.26

NOTE 0.375% 6/1 · US DOMESTIC · CUSIP 163072AA9

62 institutional holders +4 vs Q1 2023
56,605,05056.6m shares reported held*
$317.6mreported value*
8 new 7 added 16 reduced 5 sold out net sold ≈ $15.4m (-9.8m 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 ($3.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $5.67.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 58Q4 22: 62Q1 23: 58Q2 23: 6262Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202258
Q4 202262
Q1 202358
Q2 202362

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 19 bought or addedQ4 22: 26 cut or sold outQ4 22Q1 23: 24 bought or addedQ1 23: 23 cut or sold outQ1 23Q2 23: 15 bought or addedQ2 23: 21 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221926
Q1 20232423
Q2 20231521

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ3 22 calls: $0Q3 22 puts: $1.5mQ3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$1.5m—
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$0$0—

Biggest buyers

DeepCurrents Investment Group LLC New +11,833,000+11.8m
Magnetar Financial LLC Added +10,500,000+10.5m
BANK OF AMERICA CORP /DE/ New +6,221,000+6.2m
CAMDEN ASSET MANAGEMENT L P /CA Added +3,763,000+3.8m
SHENKMAN CAPITAL MANAGEMENT INC Added +2,541,000+2.5m
SSI INVESTMENT MANAGEMENT LLC Added +484,000+484.0k
CITIGROUP INC New +192,000+192.0k
Jefferies Financial Group Inc. New +182,000+182.0k
Allworth Financial LP New +75,000+75.0k
BANK OF MONTREAL /CAN/ Added +51,000+51.0k

Biggest sellers

Wellesley Asset Management Reduced -21,447,579-21.4m
LORD, ABBETT & CO. LLC Reduced -8,794,000-8.8m
LORD, ABBETT & CO. LLC Reduced -8,794,000-8.8m
TWO SIGMA INVESTMENTS, LP Sold out -7,903,000-7.9m
BNP PARIBAS FINANCIAL MARKETS Reduced -2,764,000-2.8m
JPMORGAN CHASE & CO Reduced -1,771,000-1.8m
Sonora Investment Management Group, LLC Reduced -823,000-823.0k
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -802,000-802.0k
MacKay Shields LLC Reduced -295,000-295.0k
PUTNAM INVESTMENTS LLC Reduced -281,000-281.0k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CAMDEN ASSET MANAGEMENT L P /CA 1.31% of their portfolio Los Angeles, CA 45,020,00045.0m $37.8m $37.8m 1.31% Added +3.8m +3,763,000
2 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 41,963,00042.0m $35.4m $35.4m 0.00% Reduced -1.8m -1,771,000
3 ADVENT CAPITAL MANAGEMENT /DE/ 0.62% of their portfolio NEW YORK, NY 36,767,00036.8m $31.0m $31.0m 0.62% Reduced -802.0k -802,000
4 Wellesley Asset Management 2.24% of their portfolio PORTSMOUTH, NH 32,376,58932.4m $27.5m $27.5m 2.24% Reduced -21.4m -21,447,579
5 Sonora Investment Management Group, LLC 2.07% of their portfolio TUCSON, AZ 29,137,00029.1m $24.7m $24.7m 2.07% Reduced -823.0k -823,000
6 MacKay Shields LLC 0.67% of their portfolio New York, NY 28,640,00028.6m $24.1m $24.1m 0.67% Reduced -295.0k -295,000
7 Magnetar Financial LLC 0.28% of their portfolio EVANSTON, IL 15,000,00015.0m $12.6m $12.6m 0.28% Added +10.5m +10,500,000
8 LORD, ABBETT & CO. LLC 0.02% of their portfolio JERSEY CITY, NJ 13,175,00013.2m $11.1m $11.1m 0.02% Reduced -8.8m -8,794,000
9 LORD, ABBETT & CO. LLC 0.02% of their portfolio JERSEY CITY, NJ 13,175,00013.2m $11.1m $11.1m 0.02% Reduced -8.8m -8,794,000
10 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 12,000,00012.0m $10.1m $10.1m 0.01% Unchanged
11 SHENKMAN CAPITAL MANAGEMENT INC 0.79% of their portfolio NEW YORK, NY 11,999,00012.0m $10.1m $10.1m 0.79% Added +2.5m +2,541,000
12 DeepCurrents Investment Group LLC 0.43% of their portfolio NEW YORK, NY 11,833,00011.8m $10.0m $10.0m 0.43% New
13 SSI INVESTMENT MANAGEMENT LLC 0.61% of their portfolio Los Angeles, CA 10,429,00010.4m $8.7m $8.7m 0.61% Added +484.0k +484,000
14 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 8,567,0008.6m $7.2m $7.2m 0.01% Reduced -2.8m -2,764,000
15 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 8,198,0008.2m $6.9m $6.9m 0.00% Unchanged
16 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 7,822,0007.8m $6.6m $6.6m 0.01% Reduced -281.0k -281,000
17 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 7,296,0007.3m $6.2m $6.2m 0.01% Reduced -45.0k -45,000
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 6,221,0006.2m $5.2m $5.2m 0.00% New
19 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 5,800,0005.8m $4.9m $4.9m 0.00% Unchanged
20 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 5,226,0005.2m $4.4m $4.4m 0.01% Unchanged
21 FLOSSBACH VON STORCH SE 0.02% of their portfolio COLOGNE, 2M 4,900,0004.9m $4.1m $4.1m 0.02% Unchanged
22 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 4,450,0004.5m $3.7m $3.7m 0.00% Unchanged
23 Calamos Advisors LLC 0.01% of their portfolio NAPERVILLE, IL 3,009,0003.0m $2.5m $2.5m 0.01% Unchanged
24 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,794,0002.8m $2.4m $2.4m 0.00% Reduced -112.0k -112,000
25 BlackRock Inc. 0.00% of their portfolio New York, NY 1,975,0002.0m $1.7m $1.7m 0.00% Reduced -50.0k -50,000
26 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 1,973,0002.0m $1.7m $1.7m 0.00% Unchanged
27 Pinnacle Holdings, LLC 0.73% of their portfolio TULSA, OK 1,925,0001.9m $1.6m $1.6m 0.73% Unchanged
28 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 1,500,0001.5m $1.3m $1.3m 0.00% Unchanged
29 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 558,000558.0k $470.2k $470.2k 0.00% Reduced -270.0k -270,000
30 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 400,000400.0k $337.0k $337.0k 0.00% Unchanged
31 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 250,000250.0k $210.6k $210.6k 0.00% Unchanged
32 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 192,000192.0k $161.0k $161.0k 0.00% New
33 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 182,000182.0k $153.2k $153.2k 0.00% New
34 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 181,000181.0k $151.8k $151.8k 0.00% Added +34.0k +34,000
35 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 180,000180.0k $151.0k $151.0k 0.00% Unchanged
36 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 130,000130.0k $109.0k $109.0k 0.00% Unchanged
37 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 100,000100.0k $83.8k $83.8k 0.00% Unchanged
38 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 95,00095.0k $79.7k $79.7k 0.00% Unchanged
39 COMERICA BANK 0.00% of their portfolio DALLAS, TX 90,00090.0k $0 $0 0.00% First filing
40 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 84,00084.0k $70.5k $70.5k 0.00% Unchanged
41 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 82,00082.0k $69.0k $69.0k 0.00% Added +51.0k +51,000
42 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 75,00075.0k $63.6k $63.6k 0.00% New
43 Cetera Advisors LLC 0.00% of their portfolio DENVER, CO 65,00065.0k $54.5k $54.5k 0.00% Unchanged
44 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 62,00062.0k $52.0k $52.0k 0.00% Unchanged
45 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 52,00052.0k $43.6k $43.6k 0.00% Unchanged
46 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 50,00050.0k $41.9k $41.9k 0.00% Unchanged
47 UBS Group AG 0.00% of their portfolio ZURICH, V8 48,00048.0k $40.3k $40.3k 0.00% Unchanged
48 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 39,00039.0k $33.0k $33.0k 0.00% Added +8.0k +8,000
49 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 39,00039.0k $33.1k $33.1k 0.01% Reduced -4.0k -4,000
50 SFMG, LLC 0.00% of their portfolio PLANO, TX 23,00023.0k $19.5k $19.5k 0.00% Unchanged
51 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 20,00020.0k $16.8k $16.8k 0.00% Unchanged
52 Iron Horse Wealth Management, LLC 0.01% of their portfolio JOHSTON, IA 19,00019.0k $15.9k $15.9k 0.01% Unchanged
53 Mariner, LLC 0.00% of their portfolio Overland Park, KS 18,00018.0k $15.3k $15.3k 0.00% Unchanged
54 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 17,00017.0k $14.3k $14.3k 0.00% Reduced -10.0k -10,000
55 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 13,00013.0k $10.9k $10.9k 0.00% Unchanged
56 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 11,00011.0k $9.0k $9.0k 0.00% New
57 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 8,0008.0k $7.0k $7.0k 0.00% Reduced -4.0k -4,000
58 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 6,0006.0k $503.2k $503.2k 0.00% New
59 Verition Fund Management LLC 0.05% of their portfolio GREENWICH, CT 3,7843.8k $3.2m $3.2m 0.05% New
60 Rehmann Capital Advisory Group 0.00% of their portfolio LANSING, MI 5050 $41.9k $41.9k 0.00% Unchanged
61 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2323 $19.3k $19.3k 0.00% Unchanged
62 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged