Vault-13

CYBERARK SOFTWARE LTD CYBR 0 11.15.24

NOTE 11/1 · US DOMESTIC · CUSIP 23248VAB1

57 institutional holders -3 vs Q4 2022
26,596,21526.6m shares reported held*
$521.2mreported value*
10 new 15 added 15 reduced 12 sold out net bought ≈ $46.3m (+1.3m 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 ($9.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $19.97.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 58Q4 22: 60Q1 23: 5757Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202258
Q4 202260
Q1 202357

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 23 bought or addedQ4 22: 24 cut or sold outQ4 22Q1 23: 25 bought or addedQ1 23: 27 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222324
Q1 20232527

Biggest buyers

DeepCurrents Investment Group LLC New +27,410,000+27.4m
VOYA INVESTMENT MANAGEMENT LLC Added +18,910,000+18.9m
CAPSTONE INVESTMENT ADVISORS, LLC New +13,000,000+13.0m
Nuveen Asset Management, LLC New +11,000,000+11.0m
FMR LLC Added +9,450,000+9.4m
ABSOLUTE INVESTMENT ADVISERS, LLC New +8,000,000+8.0m
M&G INVESTMENT MANAGEMENT LTD Added +4,042,000+4.0m
SILVERBACK ASSET MANAGEMENT LLC New +3,500,000+3.5m
RATIONAL ADVISORS, INC. New +2,905,000+2.9m
DEUTSCHE BANK AG\ Added +2,725,000+2.7m

Biggest sellers

LORD, ABBETT & CO. LLC Sold out -10,611,000-10.6m
LORD, ABBETT & CO. LLC Sold out -10,611,000-10.6m
STEELHEAD PARTNERS LLC Reduced -10,432,000-10.4m
AXA S.A. Sold out -4,900,000-4.9m
BlackRock Inc. Reduced -4,735,000-4.7m
Lombard Odier Asset Management (Europe) Ltd Reduced -4,600,000-4.6m
BNP PARIBAS FINANCIAL MARKETS Sold out -4,000,000-4.0m
CREDIT SUISSE AG/ Reduced -3,338,000-3.3m
Calamos Advisors LLC Reduced -3,078,000-3.1m
SHENKMAN CAPITAL MANAGEMENT INC Reduced -2,857,000-2.9m

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Calamos Advisors LLC 0.42% of their portfolio NAPERVILLE, IL 75,230,00075.2m $84.4m $84.4m 0.42% Reduced -3.1m -3,078,000
2 VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio ATLANTA, GA 43,805,00043.8m $49.2m $49.2m 0.05% Added +18.9m +18,910,000
3 STEELHEAD PARTNERS LLC 2.56% of their portfolio SEATTLE, WA 35,050,00035.0m $39.3m $39.3m 2.56% Reduced -10.4m -10,432,000
4 ADVENT CAPITAL MANAGEMENT /DE/ 0.64% of their portfolio NEW YORK, NY 29,714,00029.7m $33.4m $33.4m 0.64% Reduced -439.0k -439,000
5 DeepCurrents Investment Group LLC 1.32% of their portfolio NEW YORK, NY 27,410,00027.4m $30.7m $30.7m 1.32% New
6 M&G INVESTMENT MANAGEMENT LTD 0.19% of their portfolio London, X0 24,051,00024.1m $26.7m $26.7m 0.19% Added +4.0m +4,042,000
7 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 19,523,00019.5m $21.8m $21.8m 0.01% Reduced -100.0k -100,000
8 ZAZOVE ASSOCIATES LLC 1.93% of their portfolio INCLINE VILLAGE, NV 18,929,00018.9m $21.2m $21.2m 1.93% Added +730.0k +730,000
9 FMR LLC 0.00% of their portfolio BOSTON, MA 18,900,00018.9m $21.1m $21.1m 0.00% Added +9.4m +9,450,000
10 CAPSTONE INVESTMENT ADVISORS, LLC 0.45% of their portfolio NEW YORK, NY 13,000,00013.0m $14.6m $14.6m 0.45% New
11 SHENKMAN CAPITAL MANAGEMENT INC 1.05% of their portfolio NEW YORK, NY 12,380,00012.4m $13.8m $13.8m 1.05% Reduced -2.9m -2,857,000
12 Lombard Odier Asset Management (Europe) Ltd 0.69% of their portfolio LONDON, X0 11,859,00011.9m $13.3m $13.3m 0.69% Reduced -4.6m -4,600,000
13 SSI INVESTMENT MANAGEMENT LLC 0.93% of their portfolio Los Angeles, CA 11,842,00011.8m $13.3m $13.3m 0.93% Added +2.1m +2,055,000
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,457,00011.5m $12.8m $12.8m 0.00% Reduced -2.0m -2,000,000
15 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 11,000,00011.0m $12.3m $12.3m 0.00% New
16 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 8,200,0008.2m $9.2m $9.2m 0.02% Added +500.0k +500,000
17 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 8,098,0008.1m $9.1m $9.1m 0.01% Added +337.0k +337,000
18 ABSOLUTE INVESTMENT ADVISERS, LLC 1.32% of their portfolio ROSEMARY BEACH, FL 8,000,0008.0m $8.9m $8.9m 1.32% New
19 RWC Asset Management LLP 0.26% of their portfolio LONDON, X0 7,500,0007.5m $8.4m $8.4m 0.26% Added +1.0m +1,000,000
20 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 7,023,0007.0m $7.9m $7.9m 0.00% Added +2.7m +2,725,000
21 BlackRock Inc. 0.00% of their portfolio New York, NY 5,585,0005.6m $6.2m $6.2m 0.00% Reduced -4.7m -4,735,000
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,783,0004.8m $5.4m $5.4m 0.00% Reduced -2.1m -2,114,000
23 Man Group plc 0.02% of their portfolio LONDON, X0 3,950,0004.0m $4.4m $4.4m 0.02% Unchanged
24 SILVERBACK ASSET MANAGEMENT LLC 0.63% of their portfolio DURHAM, NC 3,500,0003.5m $3.9m $3.9m 0.63% New
25 PALISADE CAPITAL MANAGEMENT, LP 0.10% of their portfolio FORT LEE, NJ 3,332,0003.3m $3.7m $3.7m 0.10% Reduced -1.1m -1,075,000
26 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 3,200,0003.2m $3.6m $3.6m 0.01% Unchanged
27 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 3,025,0003.0m $3.4m $3.4m 0.00% Reduced -907.0k -907,000
28 PIER 88 INVESTMENT PARTNERS LLC 0.82% of their portfolio SAN FRANCISCO, CA 3,025,0003.0m $3.4m $3.4m 0.82% Reduced -440.0k -440,000
29 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 2,990,0003.0m $3.3m $3.3m 0.00% Unchanged
30 RATIONAL ADVISORS, INC. 0.27% of their portfolio San Juan, PR 2,905,0002.9m $3.3m $3.3m 0.27% New
31 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,584,0002.6m $2.9m $2.9m 0.00% Added +2.6m +2,583,000
32 JUPITER ASSET MANAGEMENT LTD 0.04% of their portfolio London, X0 2,500,0002.5m $2.8m $2.8m 0.04% Reduced -500.0k -500,000
33 Nicholas Investment Partners, LP 0.21% of their portfolio RANCHO SANTA FE, CA 2,500,0002.5m $2.8m $2.8m 0.21% Unchanged
34 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 2,470,0002.5m $2.8m $2.8m 0.00% Added +200.0k +200,000
35 Amundi 0.00% of their portfolio Paris, I0 2,280,0002.3m $2.5m $2.5m 0.00% Unchanged
36 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 2,267,0002.3m $2.7m $2.7m 0.00% Reduced -3.3m -3,338,000
37 EDMOND DE ROTHSCHILD HOLDING S.A. 0.04% of their portfolio CHAMBESY, V8 1,680,0001.7m $1.9m $1.9m 0.04% Unchanged
38 LBP AM SA 0.04% of their portfolio Paris, I0 1,550,0001.6m $1.7m $1.7m 0.04% Unchanged
39 Liberty Mutual Group Asset Management Inc. 0.37% of their portfolio Boston, MA 1,450,0001.4m $1.6m $1.6m 0.37% Unchanged
40 Calamos Wealth Management LLC 0.09% of their portfolio NAPERVILLE, IL 974,000974.0k $1.1m $1.1m 0.09% Added +59.0k +59,000
41 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 880,000880.0k $965.5k $965.5k 0.00% Unchanged
42 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 700,000700.0k $784.8k $784.8k 0.00% New
43 FIRST HAWAIIAN BANK 0.01% of their portfolio HONOLULU, HI 340,000340.0k $380.5k $380.5k 0.01% Added +143.0k +143,000
44 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 300,000300.0k $335.7k $335.7k 0.00% Unchanged
45 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $336.2k $336.2k 0.00% Unchanged
46 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 110,000110.0k $123.6k $123.6k 0.00% Unchanged
47 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 100,000100.0k $112.1k $112.1k 0.00% New
48 LAKE STREET ADVISORS GROUP, LLC 0.01% of their portfolio PORTSMOUTH, NH 77,00077.0k $86.0k $86.0k 0.01% Reduced -8.0k -8,000
49 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 34,00034.0k $38.0k $38.0k 0.00% Added +15.0k +15,000
50 SG Americas Securities, LLC 0.04% of their portfolio NEW YORK, NY 28,00028.0k $3.1m $3.1m 0.04% Unchanged
51 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 15,00015.0k $16.8k $16.8k 0.00% Unchanged
52 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,0009.0k $10.1k $10.1k 0.00% Added +3.0k +3,000
53 Verition Fund Management LLC 0.16% of their portfolio GREENWICH, CT 8,7668.8k $9.9m $9.9m 0.16% New
54 Alken Asset Management Ltd 0.03% of their portfolio LONDON, X0 1,2001.2k $1.3k $1.3k 0.03% Unchanged
55 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,0001.0k $1.1k $1.1k 0.00% Unchanged
56 Desjardins Global Asset Management Inc. 0.00% of their portfolio MONTREAL, A8 215215 $32.0k $32.0k 0.00% New
57 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged