Vault-13

CRACKER BARREL OLD CTRY STOR CBRL 0.625 06.15.26

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

25 institutional holders +1 vs Q3 2025
4,505,0004.5m shares reported held*
$145.8mreported value*
5 new 1 added 8 reduced 3 sold out net sold ≈ $6.2m (-244.0k 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 ($2.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $33.01.

Trends to Q4 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: 24Q3 25: 24Q4 25: 2525Q3 22Q2 23Q1 24Q4 24Q4 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
Q3 202524
Q4 202525

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 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 25Q3 25: 5 bought or addedQ3 25: 6 cut or sold outQ4 25: 6 bought or addedQ4 25: 11 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20241211
Q2 2024615
Q3 20241315
Q4 20241311
Q1 2025921
Q2 2025513
Q3 202556
Q4 2025611

Biggest buyers

OAKTREE CAPITAL MANAGEMENT LP Added +8,328,000+8.3m
PIPER SANDLER & CO. New +7,170,000+7.2m
ZAZOVE ASSOCIATES LLC New +400,000+400.0k
JPMORGAN CHASE & CO New +399,000+399.0k
Focus Partners Wealth New +53,000+53.0k
Chicago Capital Management, LLC New +6,800+6.8k

Biggest sellers

DLD Asset Management, LP Reduced -8,790,000-8.8m
TENOR CAPITAL MANAGEMENT Co., L.P. Sold out -7,849,000-7.8m
Parallax Volatility Advisers, L.P. Reduced -2,000,000-2.0m
Thrivent Financial for Lutherans Reduced -1,685,000-1.7m
BANK OF AMERICA CORP /DE/ Reduced -962,000-962.0k
AMERICAN CENTURY COMPANIES INC Reduced -628,000-628.0k
TRUIST FINANCIAL CORP Reduced -297,000-297.0k
Russell Investments Group, Ltd. Reduced -256,000-256.0k
GOLDMAN SACHS GROUP INC Sold out -154,000-154.0k
WELLS FARGO & COMPANY/MN Sold out -63,000-63.0k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 75,482,00075.5m $73.4m $73.4m 0.04% Reduced -628.0k -628,000
2 OAKTREE CAPITAL MANAGEMENT LP 0.52% of their portfolio LOS ANGELES, CA 33,101,00033.1m $32.2m $32.2m 0.52% Added +8.3m +8,328,000
3 PIPER SANDLER & CO. 4.89% of their portfolio MINNEAPOLIS, MN 7,170,0007.2m $6.9m $6.9m 4.89% New
4 DLD Asset Management, LP 0.71% of their portfolio NEW YORK, NY 7,000,0007.0m $6.8m $6.8m 0.71% Reduced -8.8m -8,790,000
5 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 5,224,0005.2m $5.1m $5.1m 0.01% Reduced -256.0k -256,000
6 Parallax Volatility Advisers, L.P. 0.12% of their portfolio San Francisco, CA 4,000,0004.0m $3.9m $3.9m 0.12% Reduced -2.0m -2,000,000
7 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 3,864,0003.9m $3.7m $3.7m 0.01% Reduced -297.0k -297,000
8 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 2,500,0002.5m $2.4m $2.4m 0.00% Unchanged
9 PALISADE CAPITAL MANAGEMENT, LP 0.06% of their portfolio FORT LEE, NJ 1,950,0001.9m $1.9m $1.9m 0.06% Reduced -50.0k -50,000
10 ADVENT CAPITAL MANAGEMENT /DE/ 0.02% of their portfolio NEW YORK, NY 1,058,0001.1m $1.0m $1.0m 0.02% Unchanged
11 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,000,0001.0m $974.5k $974.5k 0.00% Unchanged
12 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 950,000950.0k $924.0k $924.0k 0.00% Reduced -1.7m -1,685,000
13 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 860,000860.0k $835.2k $835.2k 0.00% Unchanged
14 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 573,000573.0k $557.3k $557.3k 0.00% Unchanged
15 ZAZOVE ASSOCIATES LLC 0.03% of their portfolio INCLINE VILLAGE, NV 400,000400.0k $389.7k $389.7k 0.03% New
16 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 399,000399.0k $388.8k $388.8k 0.00% New
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 60,00060.0k $58.1k $58.1k 0.00% Reduced -962.0k -962,000
18 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 53,00053.0k $51.5k $51.5k 0.00% New
19 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 46,00046.0k $44.6k $44.6k 0.00% Unchanged
20 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 15,00015.0k $14.5k $14.5k 0.00% Unchanged
21 BEACON INVESTMENT ADVISORS LLC 0.01% of their portfolio Gaithersburg, MD 15,00015.0k $14.5k $14.5k 0.01% Unchanged
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 10,00010.0k $9.7k $9.7k 0.00% Unchanged
23 Chicago Capital Management, LLC 4.51% of their portfolio CHICAGO, IL 6,8006.8k $6.6m $6.6m 4.51% New
24 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 4,4204.4k $428.0k $428.0k 0.00% Unchanged
25 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 00 $0 $0 0.00% Unchanged