Vault-13

CHEESECAKE FACTORY INC CAKE 0.375 06.15.26

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

37 institutional holders -4 vs Q1 2025
659,000659.0k shares reported held*
$78.7mreported value*
4 new 8 added 5 reduced 8 sold out net bought ≈ $5.0m (-25.0k 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 ≈ $119.35.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 58Q4 22: 62Q1 23: 58Q2 23: 62Q3 23: 61Q4 23: 60Q1 24: 62Q2 24: 63Q3 24: 56Q4 24: 55Q1 25: 41Q2 25: 3737Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202258
Q4 202262
Q1 202358
Q2 202362
Q3 202361
Q4 202360
Q1 202462
Q2 202463
Q3 202456
Q4 202455
Q1 202541
Q2 202537

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 23: 18 bought or addedQ3 23: 27 cut or sold outQ4 23: 23 bought or addedQ4 23: 21 cut or sold outQ4 23Q1 24: 28 bought or addedQ1 24: 24 cut or sold outQ2 24: 23 bought or addedQ2 24: 26 cut or sold outQ2 24Q3 24: 18 bought or addedQ3 24: 32 cut or sold outQ4 24: 14 bought or addedQ4 24: 23 cut or sold outQ4 24Q1 25: 9 bought or addedQ1 25: 30 cut or sold outQ2 25: 12 bought or addedQ2 25: 13 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20231827
Q4 20232321
Q1 20242824
Q2 20242326
Q3 20241832
Q4 20241423
Q1 2025930
Q2 20251213

Biggest buyers

LAZARD ASSET MANAGEMENT LLC Added +6,768,000+6.8m
BNP PARIBAS FINANCIAL MARKETS Added +4,379,000+4.4m
JPMORGAN CHASE & CO Added +179,000+179.0k
CITIGROUP INC Added +46,000+46.0k
CSS LLC/IL New +28,000+28.0k
ROYAL BANK OF CANADA Added +18,000+18.0k
Focus Partners Wealth New +15,000+15.0k
BANK OF MONTREAL /CAN/ New +15,000+15.0k
BANK OF AMERICA CORP /DE/ Added +13,000+13.0k
STEPHENS INC /AR/ Added +2,000+2.0k

Biggest sellers

MacKay Shields LLC Reduced -5,375,000-5.4m
ADVENT CAPITAL MANAGEMENT /DE/ Sold out -1,045,000-1.0m
SHENKMAN CAPITAL MANAGEMENT INC Sold out -64,000-64.0k
WELLS FARGO & COMPANY/MN Reduced -28,000-28.0k
Focus Partners Wealth Sold out -15,000-15.0k
Sonora Investment Management Group, LLC Reduced -15,000-15.0k
STIFEL FINANCIAL CORP Sold out -13,790-13.8k
MAI Capital Management Sold out -13,000-13.0k
PRUDENT INVESTORS NETWORK, INC. Sold out -11,000-11.0k
Balboa Wealth Partners Reduced -6,000-6.0k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MacKay Shields LLC 0.68% of their portfolio New York, NY 20,582,00020.6m $21.1m $21.1m 0.68% Reduced -5.4m -5,375,000
2 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 13,470,00013.5m $13.9m $13.9m 0.02% Added +6.8m +6,768,000
3 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 12,024,00012.0m $12.0m $12.0m 0.00% Added +179.0k +179,000
4 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 5,283,0005.3m $5.4m $5.4m 0.00% Added +4.4m +4,379,000
5 DeepCurrents Investment Group LLC 0.17% of their portfolio NEW YORK, NY 4,525,0004.5m $4.7m $4.7m 0.17% Unchanged
6 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 4,450,0004.5m $4.6m $4.6m 0.00% Unchanged
7 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 1,973,0002.0m $2.0m $2.0m 0.00% Unchanged
8 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,848,0001.8m $1.8m $1.8m 0.00% Reduced -28.0k -28,000
9 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,750,0001.8m $1.8m $1.8m 0.00% Added +46.0k +46,000
10 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 1,750,0001.8m $1.8m $1.8m 0.00% Unchanged
11 Pinnacle Holdings, LLC 0.65% of their portfolio TULSA, OK 1,745,0001.7m $1.8m $1.8m 0.65% Unchanged
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,581,0001.6m $1.6m $1.6m 0.00% Unchanged
13 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 1,500,0001.5m $1.5m $1.5m 0.00% Unchanged
14 PALISADE CAPITAL MANAGEMENT, LP 0.02% of their portfolio FORT LEE, NJ 650,000650.0k $670.3k $670.3k 0.02% Unchanged
15 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 411,000411.0k $420.9k $420.9k 0.00% Added +13.0k +13,000
16 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 190,000190.0k $194.6k $194.6k 0.00% Reduced -2.0k -2,000
17 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 180,000180.0k $184.3k $184.3k 0.00% Unchanged
18 Sonora Investment Management Group, LLC 0.01% of their portfolio TUCSON, AZ 150,000150.0k $155.3k $155.3k 0.01% Reduced -15.0k -15,000
19 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 59,00059.0k $60.4k $60.4k 0.00% Added +2.0k +2,000
20 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 50,00050.0k $51.2k $51.2k 0.00% Unchanged
21 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 36,00036.0k $36.0k $36.0k 0.00% Added +18.0k +18,000
22 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 30,00030.0k $31.1k $31.1k 0.01% Reduced -6.0k -6,000
23 CSS LLC/IL 0.00% of their portfolio CHICAGO, IL 28,00028.0k $28.9k $28.9k 0.00% New
24 KESTRA PRIVATE WEALTH SERVICES, LLC 0.04% of their portfolio AUSTIN, TX 25,00025.0k $2.6m $2.6m 0.04% Unchanged
25 SFMG, LLC 0.00% of their portfolio PLANO, TX 23,00023.0k $23.8k $23.8k 0.00% Unchanged
26 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 21,00021.0k $21.5k $21.5k 0.00% Added +1.0k +1,000
27 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 20,00020.0k $20.7k $20.7k 0.00% Unchanged
28 Sowell Financial Services LLC 0.00% of their portfolio NORTH LITTLE ROCK, AR 20,00020.0k $20.5k $20.5k 0.00% Unchanged
29 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 15,00015.0k $15.0k $15.0k 0.00% New
30 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 15,00015.0k $15.5k $15.5k 0.00% New
31 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 10,00010.0k $10.2k $10.2k 0.00% Unchanged
32 PEAPACK GLADSTONE FINANCIAL CORP 0.00% of their portfolio BEDMINSTER, NJ 10,00010.0k $10.0k $10.0k 0.00% Unchanged
33 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 7,0007.0k $7.2k $7.2k 0.00% Unchanged
34 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 6,0006.0k $6.1k $6.1k 0.00% Unchanged
35 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,0001.0k $1.0k $1.0k 0.00% New
36 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,0001.0k $1.0k $1.0k 0.00% Unchanged
37 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged