Vault-13

CRACKER BARREL OLD CTRY STOR CBRL 0.625 06.15.26

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

24 institutional holders -1 vs Q1 2025
5,924,0005.9m shares reported held*
$143.3mreported value*
5 new 0 added 7 reduced 6 sold out net sold ≈ $156.6m (+3.1m 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 ($2.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $24.59.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 28Q4 22: 26Q1 23: 25Q2 23: 32Q3 23: 38Q4 23: 36Q1 24: 34Q2 24: 32Q3 24: 34Q4 24: 36Q1 25: 25Q2 25: 2424Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202228
Q4 202226
Q1 202325
Q2 202332
Q3 202338
Q4 202336
Q1 202434
Q2 202432
Q3 202434
Q4 202436
Q1 202525
Q2 202524

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 23: 14 bought or addedQ3 23: 13 cut or sold outQ4 23: 13 bought or addedQ4 23: 12 cut or sold outQ4 23Q1 24: 12 bought or addedQ1 24: 11 cut or sold outQ2 24: 6 bought or addedQ2 24: 15 cut or sold outQ2 24Q3 24: 13 bought or addedQ3 24: 15 cut or sold outQ4 24: 13 bought or addedQ4 24: 11 cut or sold outQ4 24Q1 25: 9 bought or addedQ1 25: 21 cut or sold outQ2 25: 5 bought or addedQ2 25: 13 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20231413
Q4 20231312
Q1 20241211
Q2 2024615
Q3 20241315
Q4 20241311
Q1 2025921
Q2 2025513

Biggest buyers

OAKTREE CAPITAL MANAGEMENT LP New +9,922,000+9.9m
Russell Investments Group, Ltd. New +5,754,000+5.8m
TORONTO DOMINION BANK New +4,500,000+4.5m
TRUIST FINANCIAL CORP New +3,253,000+3.3m
BANK OF MONTREAL /CAN/ New +10,000+10.0k

Biggest sellers

Linden Advisors LP Sold out -48,309,000-48.3m
DLD Asset Management, LP Reduced -26,710,000-26.7m
Nuveen, LLC Sold out -25,600,000-25.6m
TENOR CAPITAL MANAGEMENT Co., L.P. Reduced -25,043,000-25.0m
BANK OF AMERICA CORP /DE/ Reduced -20,228,000-20.2m
LAZARD ASSET MANAGEMENT LLC Reduced -19,739,000-19.7m
AMERICAN CENTURY COMPANIES INC Reduced -11,724,000-11.7m
FMR LLC Sold out -5,539,000-5.5m
BlackRock, Inc. Sold out -3,125,000-3.1m
Penn Mutual Asset Management Sold out -1,250,000-1.2m

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 76,235,00076.2m $73.0m $73.0m 0.04% Reduced -11.7m -11,724,000
2 DLD Asset Management, LP 1.81% of their portfolio NEW YORK, NY 15,790,00015.8m $15.3m $15.3m 1.81% Reduced -26.7m -26,710,000
3 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 12,853,00012.9m $12.3m $12.3m 0.02% Reduced -19.7m -19,739,000
4 OAKTREE CAPITAL MANAGEMENT LP 0.19% of their portfolio LOS ANGELES, CA 9,922,0009.9m $9.5m $9.5m 0.19% New
5 TENOR CAPITAL MANAGEMENT Co., L.P. 0.10% of their portfolio NEW YORK, NY 7,849,0007.8m $7.5m $7.5m 0.10% Reduced -25.0m -25,043,000
6 Parallax Volatility Advisers, L.P. 0.23% of their portfolio San Francisco, CA 6,000,0006.0m $5.7m $5.7m 0.23% Unchanged
7 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 5,754,0005.8m $5.5m $5.5m 0.01% New
8 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 4,500,0004.5m $4.3m $4.3m 0.01% New
9 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 3,253,0003.3m $3.1m $3.1m 0.00% New
10 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 2,635,0002.6m $2.5m $2.5m 0.01% Unchanged
11 Sonora Investment Management Group, LLC 0.15% of their portfolio TUCSON, AZ 2,098,0002.1m $2.0m $2.0m 0.15% Reduced -10.0k -10,000
12 ADVENT CAPITAL MANAGEMENT /DE/ 0.02% of their portfolio NEW YORK, NY 1,058,0001.1m $1.0m $1.0m 0.02% Unchanged
13 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,022,0001.0m $973.5k $973.5k 0.00% Reduced -20.2m -20,228,000
14 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,000,0001.0m $954.9k $954.9k 0.00% Unchanged
15 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 860,000860.0k $820.7k $820.7k 0.00% Unchanged
16 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 573,000573.0k $548.6k $548.6k 0.00% Reduced -148.0k -148,000
17 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 154,000154.0k $146.7k $146.7k 0.00% Unchanged
18 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 46,00046.0k $43.8k $43.8k 0.00% Unchanged
19 BEACON INVESTMENT ADVISORS LLC 0.01% of their portfolio Gaithersburg, MD 15,00015.0k $14.3k $14.3k 0.01% Unchanged
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 10,00010.0k $9.5k $9.5k 0.00% Unchanged
21 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 10,00010.0k $9.6k $9.6k 0.00% New
22 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 4,4204.4k $419.0k $419.0k 0.00% Unchanged
23 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged
24 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 00 $0 $0 0.00% Unchanged