Vault-13

CRACKER BARREL OLD CTRY STOR CBRL 0.625 06.15.26

NOTE 0.625% 6/1 · US DOMESTIC · CUSIP 22410JAB2

32 institutional holders +7 vs Q1 2023
21,301,00021.3m shares reported held*
$250.8mreported value*
11 new 7 added 6 reduced 4 sold out net sold ≈ $15.8m (-7.2m 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 ≈ $11.77.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 28Q4 22: 26Q1 23: 25Q2 23: 3232Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202228
Q4 202226
Q1 202325
Q2 202332

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 7 bought or addedQ4 22: 9 cut or sold outQ4 22Q1 23: 11 bought or addedQ1 23: 9 cut or sold outQ1 23Q2 23: 18 bought or addedQ2 23: 10 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202279
Q1 2023119
Q2 20231810

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $0Q4 22 puts: $1.7mQ4 22P/C —Q1 23 calls: $0Q1 23 puts: $13.5mQ1 23P/C —Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$1.7m—
Q1 2023$0$13.5m—
Q2 2023$0$0—

Biggest buyers

MILLENNIUM MANAGEMENT LLC New +15,500,000+15.5m
BANK OF AMERICA CORP /DE/ New +8,831,000+8.8m
Walleye Capital LLC New +4,000,000+4.0m
DEUTSCHE BANK AG\ Added +3,550,000+3.5m
JPMORGAN CHASE & CO Added +2,281,000+2.3m
CAMDEN ASSET MANAGEMENT L P /CA Added +2,000,000+2.0m
WELLINGTON MANAGEMENT GROUP LLP Added +1,545,000+1.5m
MORGAN STANLEY New +1,155,000+1.2m
CITIGROUP INC New +395,000+395.0k
Invesco Ltd. New +382,000+382.0k

Biggest sellers

FMR LLC Reduced -24,326,000-24.3m
ADVENT CAPITAL MANAGEMENT /DE/ Sold out -20,000,000-20.0m
Wellesley Asset Management Reduced -7,124,080-7.1m
NEW YORK STATE COMMON RETIREMENT FUND Sold out -3,788,000-3.8m
SEI INVESTMENTS CO Reduced -1,917,000-1.9m
Thrivent Financial for Lutherans Reduced -1,485,000-1.5m
PALISADE CAPITAL MANAGEMENT, LP Reduced -528,000-528.0k
Sonora Investment Management Group, LLC Reduced -40,000-40.0k
MILLENNIUM MANAGEMENT LLC Sold out -10,000-10.0k
NOMURA HOLDINGS INC Sold out -1,771-1.8k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio KANSAS CITY, MO 99,999,999100.0m $96.5m $96.5m 0.07% Unchanged
2 CAMDEN ASSET MANAGEMENT L P /CA 1.18% of their portfolio Los Angeles, CA 40,128,00040.1m $34.0m $34.0m 1.18% Added +2.0m +2,000,000
3 ZAZOVE ASSOCIATES LLC 2.01% of their portfolio INCLINE VILLAGE, NV 25,868,00025.9m $22.0m $22.0m 2.01% Added +130.0k +130,000
4 Wellesley Asset Management 1.44% of their portfolio PORTSMOUTH, NH 20,392,42920.4m $17.7m $17.7m 1.44% Reduced -7.1m -7,124,080
5 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 15,500,00015.5m $13.2m $13.2m 0.01% New
6 FMR LLC 0.00% of their portfolio BOSTON, MA 12,694,00012.7m $10.8m $10.8m 0.00% Reduced -24.3m -24,326,000
7 ABSOLUTE INVESTMENT ADVISERS, LLC 1.23% of their portfolio ROSEMARY BEACH, FL 10,339,00010.3m $8.8m $8.8m 1.23% Unchanged
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 8,831,0008.8m $7.5m $7.5m 0.00% New
9 Calamos Advisors LLC 0.03% of their portfolio NAPERVILLE, IL 7,500,0007.5m $6.4m $6.4m 0.03% Unchanged
10 BlackRock Inc. 0.00% of their portfolio New York, NY 6,340,0006.3m $5.4m $5.4m 0.00% Added +250.0k +250,000
11 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 6,190,0006.2m $5.2m $5.2m 0.00% Added +1.5m +1,545,000
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,742,0004.7m $4.0m $4.0m 0.00% Added +2.3m +2,281,000
13 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 4,540,0004.5m $3.8m $3.8m 0.01% Reduced -1.5m -1,485,000
14 Walleye Capital LLC 0.06% of their portfolio NEW YORK, NY 4,000,0004.0m $3.4m $3.4m 0.06% New
15 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 3,565,0003.6m $3.0m $3.0m 0.00% Added +3.5m +3,550,000
16 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 3,197,0003.2m $2.7m $2.7m 0.00% Reduced -1.9m -1,917,000
17 Sonora Investment Management Group, LLC 0.17% of their portfolio TUCSON, AZ 2,390,0002.4m $2.0m $2.0m 0.17% Reduced -40.0k -40,000
18 PALISADE CAPITAL MANAGEMENT, LP 0.03% of their portfolio FORT LEE, NJ 1,392,0001.4m $1.2m $1.2m 0.03% Reduced -528.0k -528,000
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,155,0001.2m $982.2k $982.2k 0.00% New
20 Liberty Mutual Group Asset Management Inc. 0.17% of their portfolio Boston, MA 775,000775.0k $656.8k $656.8k 0.17% Unchanged
21 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 395,000395.0k $334.8k $334.8k 0.00% New
22 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 382,000382.0k $323.7k $323.7k 0.00% New
23 CSS LLC/IL 0.02% of their portfolio CHICAGO, IL 350,000350.0k $298.0k $298.0k 0.02% New
24 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 154,000154.0k $130.5k $130.5k 0.00% Unchanged
25 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 125,000125.0k $106.5k $106.5k 0.00% New
26 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 98,00098.0k $83.5k $83.5k 0.00% Added +95.0k +95,000
27 Cetera Advisors LLC 0.00% of their portfolio DENVER, CO 35,00035.0k $29.7k $29.7k 0.00% Unchanged
28 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 31,00031.0k $26.4k $26.4k 0.00% New
29 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 25,00025.0k $21.3k $21.3k 0.00% New
30 CWM, LLC 0.00% of their portfolio OMAHA, NE 20,00020.0k $17.0k $17.0k 0.00% New
31 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged
32 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 00 $0 $0 0.00% Unchanged