Vault-13

CYBERARK SOFTWARE LTD CYBR 0 11.15.24

NOTE 11/1 · US DOMESTIC · CUSIP 23248VAB1

68 institutional holders +11 vs Q1 2023
23,949,37623.9m shares reported held*
$552.6mreported value*
13 new 13 added 22 reduced 2 sold out net bought ≈ $6.6m (-2.6m 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 ($10.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.49.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 58Q4 22: 60Q1 23: 57Q2 23: 6868Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202258
Q4 202260
Q1 202357
Q2 202368

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 23Q2 23: 26 bought or addedQ2 23: 24 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222324
Q1 20232527
Q2 20232624

Biggest buyers

SILVERBACK ASSET MANAGEMENT LLC Added +20,993,000+21.0m
Lombard Odier Asset Management (Europe) Ltd Added +17,675,000+17.7m
Invesco Ltd. New +9,366,000+9.4m
Nuveen Asset Management, LLC Added +8,000,000+8.0m
MILLENNIUM MANAGEMENT LLC New +6,002,000+6.0m
Flow State Investments, L.P. New +4,400,000+4.4m
AVIVA PLC New +4,000,000+4.0m
STATE STREET CORP Added +3,500,000+3.5m
ZAZOVE ASSOCIATES LLC Added +3,175,000+3.2m
CAPSTONE INVESTMENT ADVISORS, LLC Added +2,845,000+2.8m

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Reduced -26,355,000-26.4m
STEELHEAD PARTNERS LLC Reduced -15,050,000-15.1m
FMR LLC Reduced -14,000,000-14.0m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -10,396,000-10.4m
Calamos Advisors LLC Reduced -3,857,000-3.9m
PUTNAM INVESTMENTS LLC Reduced -3,460,000-3.5m
DEUTSCHE BANK AG\ Reduced -2,514,000-2.5m
BlackRock Inc. Reduced -2,010,000-2.0m
M&G INVESTMENT MANAGEMENT LTD Reduced -1,463,000-1.5m
Man Group plc Reduced -1,240,000-1.2m

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Calamos Advisors LLC 0.41% of their portfolio NAPERVILLE, IL 71,373,00071.4m $81.2m $81.2m 0.41% Reduced -3.9m -3,857,000
2 Lombard Odier Asset Management (Europe) Ltd 1.62% of their portfolio LONDON, X0 29,534,00029.5m $33.6m $33.6m 1.62% Added +17.7m +17,675,000
3 DeepCurrents Investment Group LLC 1.34% of their portfolio NEW YORK, NY 27,410,00027.4m $31.1m $31.1m 1.34% Unchanged
4 SILVERBACK ASSET MANAGEMENT LLC 3.81% of their portfolio DURHAM, NC 24,493,00024.5m $27.9m $27.9m 3.81% Added +21.0m +20,993,000
5 M&G INVESTMENT MANAGEMENT LTD 0.15% of their portfolio London, X0 22,588,00022.6m $25.5m $25.5m 0.15% Reduced -1.5m -1,463,000
6 ZAZOVE ASSOCIATES LLC 2.29% of their portfolio INCLINE VILLAGE, NV 22,104,00022.1m $25.1m $25.1m 2.29% Added +3.2m +3,175,000
7 STEELHEAD PARTNERS LLC 1.44% of their portfolio SEATTLE, WA 20,000,00020.0m $22.7m $22.7m 1.44% Reduced -15.1m -15,050,000
8 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 19,773,00019.8m $22.4m $22.4m 0.01% Added +250.0k +250,000
9 ADVENT CAPITAL MANAGEMENT /DE/ 0.44% of their portfolio NEW YORK, NY 19,318,00019.3m $22.0m $22.0m 0.44% Reduced -10.4m -10,396,000
10 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 19,000,00019.0m $21.6m $21.6m 0.01% Added +8.0m +8,000,000
11 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 17,450,00017.4m $19.8m $19.8m 0.02% Reduced -26.4m -26,355,000
12 CAPSTONE INVESTMENT ADVISORS, LLC 0.53% of their portfolio NEW YORK, NY 15,845,00015.8m $18.0m $18.0m 0.53% Added +2.8m +2,845,000
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 14,957,00015.0m $17.0m $17.0m 0.00% Added +3.5m +3,500,000
14 SHENKMAN CAPITAL MANAGEMENT INC 1.12% of their portfolio NEW YORK, NY 12,621,00012.6m $14.3m $14.3m 1.12% Added +241.0k +241,000
15 SSI INVESTMENT MANAGEMENT LLC 0.92% of their portfolio Los Angeles, CA 11,569,00011.6m $13.1m $13.1m 0.92% Reduced -273.0k -273,000
16 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 9,366,0009.4m $10.6m $10.6m 0.00% New
17 ABSOLUTE INVESTMENT ADVISERS, LLC 1.27% of their portfolio ROSEMARY BEACH, FL 8,000,0008.0m $9.1m $9.1m 1.27% Unchanged
18 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 7,700,0007.7m $8.7m $8.7m 0.01% Reduced -500.0k -500,000
19 RWC Asset Management LLP 0.37% of their portfolio LONDON, X0 6,700,0006.7m $7.6m $7.6m 0.37% Reduced -800.0k -800,000
20 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 6,002,0006.0m $6.8m $6.8m 0.01% New
21 FMR LLC 0.00% of their portfolio BOSTON, MA 4,900,0004.9m $5.5m $5.5m 0.00% Reduced -14.0m -14,000,000
22 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 4,638,0004.6m $5.3m $5.3m 0.01% Reduced -3.5m -3,460,000
23 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 4,509,0004.5m $5.1m $5.1m 0.00% Reduced -2.5m -2,514,000
24 Flow State Investments, L.P. 2.11% of their portfolio CHICAGO, IL 4,400,0004.4m $5.0m $5.0m 2.11% New
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,390,0004.4m $4.9m $4.9m 0.00% Reduced -393.0k -393,000
26 AVIVA PLC 0.02% of their portfolio LONDON, X0 4,000,0004.0m $4.5m $4.5m 0.02% New
27 BlackRock Inc. 0.00% of their portfolio New York, NY 3,575,0003.6m $4.0m $4.0m 0.00% Reduced -2.0m -2,010,000
28 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
29 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 3,100,0003.1m $3.6m $3.6m 0.00% Added +833.0k +833,000
30 LBP AM SA 0.08% of their portfolio Paris, I0 3,000,0003.0m $3.4m $3.4m 0.08% Added +1.4m +1,450,000
31 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 2,990,0003.0m $3.4m $3.4m 0.00% Unchanged
32 PIER 88 INVESTMENT PARTNERS LLC 0.83% of their portfolio SAN FRANCISCO, CA 2,975,0003.0m $3.4m $3.4m 0.83% Reduced -50.0k -50,000
33 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,915,0002.9m $3.3m $3.3m 0.00% Added +331.0k +331,000
34 RATIONAL ADVISORS, INC. 0.27% of their portfolio San Juan, PR 2,855,0002.9m $3.2m $3.2m 0.27% Reduced -50.0k -50,000
35 Man Group plc 0.01% of their portfolio LONDON, X0 2,710,0002.7m $3.1m $3.1m 0.01% Reduced -1.2m -1,240,000
36 PALISADE CAPITAL MANAGEMENT, LP 0.08% of their portfolio FORT LEE, NJ 2,555,0002.6m $2.9m $2.9m 0.08% Reduced -777.0k -777,000
37 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 2,500,0002.5m $2.8m $2.8m 0.00% New
38 JUPITER ASSET MANAGEMENT LTD 0.03% of their portfolio London, X0 2,500,0002.5m $2.8m $2.8m 0.03% Unchanged
39 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 2,470,0002.5m $2.8m $2.8m 0.00% Unchanged
40 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,445,0002.4m $2.8m $2.8m 0.00% Reduced -580.0k -580,000
41 Amundi 0.00% of their portfolio Paris, I0 2,280,0002.3m $2.6m $2.6m 0.00% Unchanged
42 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 2,260,0002.3m $2.6m $2.6m 0.00% New
43 Nicholas Investment Partners, LP 0.16% of their portfolio RANCHO SANTA FE, CA 2,100,0002.1m $2.4m $2.4m 0.16% Reduced -400.0k -400,000
44 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,757,0001.8m $2.0m $2.0m 0.00% Added +1.7m +1,748,000
45 Liberty Mutual Group Asset Management Inc. 0.42% of their portfolio Boston, MA 1,450,0001.4m $1.6m $1.6m 0.42% Unchanged
46 III Capital Management 0.11% of their portfolio BOCA RATON, FL 1,250,0001.2m $1.4m $1.4m 0.11% New
47 EDMOND DE ROTHSCHILD HOLDING S.A. 0.02% of their portfolio CHAMBESY, V8 940,000940.0k $1.1m $1.1m 0.02% Reduced -740.0k -740,000
48 Calamos Wealth Management LLC 0.08% of their portfolio NAPERVILLE, IL 913,000913.0k $1.0m $1.0m 0.08% Reduced -61.0k -61,000
49 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 500,000500.0k $556.8k $556.8k 0.00% Reduced -380.0k -380,000
50 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 452,000452.0k $514.7k $514.7k 0.00% New
51 FIRST HAWAIIAN BANK 0.01% of their portfolio HONOLULU, HI 340,000340.0k $385.1k $385.1k 0.01% Unchanged
52 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 300,000300.0k $339.8k $339.8k 0.00% Unchanged
53 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $341.5k $341.5k 0.00% Unchanged
54 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 232,000232.0k $262.7k $262.7k 0.00% Added +198.0k +198,000
55 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 123,000123.0k $139.3k $139.3k 0.00% New
56 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 110,000110.0k $125.1k $125.1k 0.00% Unchanged
57 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 100,000100.0k $113.9k $113.9k 0.00% Unchanged
58 Noked Israel Ltd 4.83% of their portfolio Ramat Hasharon, L3 90,20090.2k $14.1m $14.1m 4.83% New
59 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 77,00077.0k $87.0k $87.0k 0.00% Unchanged
60 BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio NEW YORK, NY 60,00060.0k $68.2k $68.2k 0.00% New
61 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 55,00055.0k $62.3k $62.3k 0.00% New
62 SG Americas Securities, LLC 0.03% of their portfolio NEW YORK, NY 28,00028.0k $3.2m $3.2m 0.03% Unchanged
63 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 23,17623.2k $3.6m $3.6m 0.01% New
64 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 15,00015.0k $17.0k $17.0k 0.00% Unchanged
65 Verition Fund Management LLC 0.16% of their portfolio GREENWICH, CT 8,7668.8k $10.0m $10.0m 0.16% Unchanged
66 Alken Asset Management Ltd 0.03% of their portfolio LONDON, X0 1,2001.2k $1.4k $1.4k 0.03% Unchanged
67 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,0001.0k $1.1k $1.1k 0.00% Unchanged
68 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged