Vault-13

CLOUDFLARE INC NET 0.75 05.15.25

NOTE 0.750% 5/1 · US DOMESTIC · CUSIP 18915MAB3

9 institutional holders -4 vs Q1 2023
10,00010.0k shares reported held*
$57.0mreported value*
4 new 0 added 2 reduced 8 sold out net sold ≈ $241.9m (-4.0m 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. Holder counts are more reliable. Implied quarter-end price ≈ $5704.01.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

01020Q3 22: 16Q4 22: 15Q1 23: 13Q2 23: 99Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202216
Q4 202215
Q1 202313
Q2 20239

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q4 22: 9 bought or addedQ4 22: 8 cut or sold outQ4 22Q1 23: 7 bought or addedQ1 23: 5 cut or sold outQ1 23Q2 23: 4 bought or addedQ2 23: 10 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202298
Q1 202375
Q2 2023410

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ3 22 calls: $0Q3 22 puts: $4.3mQ3 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$4.3m—
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$0$0—

Biggest buyers

Elequin Capital, LP New +13,623,000+13.6m
Mint Tower Capital Management B.V. New +1,895,000+1.9m
AGF MANAGEMENT LTD New +1,250,000+1.2m
Verition Fund Management LLC New +1,895+1.9k

Biggest sellers

D. E. Shaw & Co., Inc. Sold out -35,711,000-35.7m
WOLVERINE ASSET MANAGEMENT LLC Sold out -35,040,000-35.0m
LAZARD ASSET MANAGEMENT LLC Sold out -24,113,000-24.1m
Aequim Alternative Investments LP Sold out -17,000,000-17.0m
CITADEL ADVISORS LLC Sold out -15,000,000-15.0m
FMR LLC Sold out -11,370,000-11.4m
MIZUHO SECURITIES USA LLC Sold out -4,000,000-4.0m
JPMORGAN CHASE & CO Reduced -3,745,000-3.7m
NOMURA HOLDINGS INC Sold out -500,655-500.7k
BANK OF NOVA SCOTIA Reduced -250,000-250.0k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Elequin Capital, LP 12.80% of their portfolio NEW YORK, NY 13,623,00013.6m $25.0m $25.0m 12.80% New
2 BANK OF NOVA SCOTIA 0.06% of their portfolio TORONTO, A6 11,687,00011.7m $21.6m $21.6m 0.06% Reduced -250.0k -250,000
3 Mint Tower Capital Management B.V. 0.46% of their portfolio AMSTERDAM, P7 1,895,0001.9m $3.5m $3.5m 0.46% New
4 AGF MANAGEMENT LTD 0.02% of their portfolio TORONTO, A6 1,250,0001.2m $2.3m $2.3m 0.02% New
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 431,000431.0k $807.0k $807.0k 0.00% Reduced -3.7m -3,745,000
6 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 109,000109.0k $201.6k $201.6k 0.00% Unchanged
7 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 10,00010.0k $18.7k $18.7k 0.00% Unchanged
8 Verition Fund Management LLC 0.05% of their portfolio GREENWICH, CT 1,8951.9k $3.5m $3.5m 0.05% New
9 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged