Vault-13

CYBERARK SOFTWARE LTD CYBR 0 11.15.24

NOTE 11/1 · US DOMESTIC · CUSIP 23248VAB1

70 institutional holders +2 vs Q2 2023
38,424,87338.4m shares reported held*
$611.1mreported value*
6 new 17 added 20 reduced 4 sold out net bought ≈ $38.7m (+14.5m 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 ($10.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $16.17.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 58Q4 22: 60Q1 23: 57Q2 23: 68Q3 23: 7070Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202258
Q4 202260
Q1 202357
Q2 202368
Q3 202370

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 23Q3 23: 23 bought or addedQ3 23: 24 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222324
Q1 20232527
Q2 20232624
Q3 20232324

Biggest buyers

LORD, ABBETT & CO. LLC New +17,299,000+17.3m
LORD, ABBETT & CO. LLC New +17,299,000+17.3m
VOYA INVESTMENT MANAGEMENT LLC Added +12,140,000+12.1m
MILLENNIUM MANAGEMENT LLC Added +8,309,000+8.3m
STEELHEAD PARTNERS LLC Added +8,000,000+8.0m
JPMORGAN CHASE & CO Added +2,158,000+2.2m
SILVERBACK ASSET MANAGEMENT LLC Added +2,000,000+2.0m
WELLS FARGO & COMPANY/MN Added +1,690,000+1.7m
BNP PARIBAS FINANCIAL MARKETS Added +1,145,000+1.1m
PIER 88 INVESTMENT PARTNERS LLC Added +1,100,000+1.1m

Biggest sellers

SSI INVESTMENT MANAGEMENT LLC Reduced -7,458,000-7.5m
Calamos Advisors LLC Reduced -5,859,000-5.9m
PUTNAM INVESTMENTS LLC Sold out -4,638,000-4.6m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -3,922,000-3.9m
M&G INVESTMENT MANAGEMENT LTD Reduced -3,287,000-3.3m
BANK OF AMERICA CORP /DE/ Sold out -2,915,000-2.9m
CITADEL ADVISORS LLC Sold out -2,260,000-2.3m
AVIVA PLC Reduced -2,000,000-2.0m
Flow State Investments, L.P. Reduced -1,900,000-1.9m
Lombard Odier Asset Management (Europe) Ltd Reduced -1,801,000-1.8m

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Calamos Advisors LLC 0.41% of their portfolio NAPERVILLE, IL 65,514,00065.5m $75.7m $75.7m 0.41% Reduced -5.9m -5,859,000
2 VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio ATLANTA, GA 29,590,00029.6m $34.3m $34.3m 0.04% Added +12.1m +12,140,000
3 STEELHEAD PARTNERS LLC 1.89% of their portfolio SEATTLE, WA 28,000,00028.0m $32.3m $32.3m 1.89% Added +8.0m +8,000,000
4 Lombard Odier Asset Management (Europe) Ltd 1.68% of their portfolio LONDON, X0 27,733,00027.7m $32.0m $32.0m 1.68% Reduced -1.8m -1,801,000
5 DeepCurrents Investment Group LLC 1.48% of their portfolio NEW YORK, NY 27,410,00027.4m $31.6m $31.6m 1.48% Unchanged
6 SILVERBACK ASSET MANAGEMENT LLC 4.19% of their portfolio DURHAM, NC 26,493,00026.5m $30.6m $30.6m 4.19% Added +2.0m +2,000,000
7 ZAZOVE ASSOCIATES LLC 2.60% of their portfolio INCLINE VILLAGE, NV 21,695,00021.7m $25.1m $25.1m 2.60% Reduced -409.0k -409,000
8 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 19,563,00019.6m $22.5m $22.5m 0.01% Reduced -210.0k -210,000
9 M&G INVESTMENT MANAGEMENT LTD 0.16% of their portfolio London, X0 19,301,00019.3m $22.2m $22.2m 0.16% Reduced -3.3m -3,287,000
10 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 19,000,00019.0m $21.9m $21.9m 0.01% Unchanged
11 LORD, ABBETT & CO. LLC 0.04% of their portfolio JERSEY CITY, NJ 17,299,00017.3m $20.0m $20.0m 0.04% New
12 LORD, ABBETT & CO. LLC 0.04% of their portfolio JERSEY CITY, NJ 17,299,00017.3m $20.0m $20.0m 0.04% New
13 CAPSTONE INVESTMENT ADVISORS, LLC 0.49% of their portfolio NEW YORK, NY 15,845,00015.8m $18.3m $18.3m 0.49% Unchanged
14 ADVENT CAPITAL MANAGEMENT /DE/ 0.42% of their portfolio NEW YORK, NY 15,396,00015.4m $17.8m $17.8m 0.42% Reduced -3.9m -3,922,000
15 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 14,311,00014.3m $16.5m $16.5m 0.02% Added +8.3m +8,309,000
16 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 14,257,00014.3m $16.4m $16.4m 0.00% Reduced -700.0k -700,000
17 SHENKMAN CAPITAL MANAGEMENT INC 1.09% of their portfolio NEW YORK, NY 12,340,00012.3m $14.5m $14.5m 1.09% Reduced -281.0k -281,000
18 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 9,366,0009.4m $10.8m $10.8m 0.00% Unchanged
19 ABSOLUTE INVESTMENT ADVISERS, LLC 1.49% of their portfolio ROSEMARY BEACH, FL 9,000,0009.0m $10.4m $10.4m 1.49% Added +1.0m +1,000,000
20 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 7,700,0007.7m $8.9m $8.9m 0.01% Unchanged
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 6,548,0006.5m $7.6m $7.6m 0.00% Added +2.2m +2,158,000
22 RWC Asset Management LLP 0.38% of their portfolio LONDON, X0 5,000,0005.0m $5.8m $5.8m 0.38% Reduced -1.7m -1,700,000
23 FMR LLC 0.00% of their portfolio BOSTON, MA 4,900,0004.9m $5.6m $5.6m 0.00% Unchanged
24 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 4,420,0004.4m $5.1m $5.1m 0.00% Reduced -89.0k -89,000
25 SSI INVESTMENT MANAGEMENT LLC 0.39% of their portfolio Los Angeles, CA 4,111,0004.1m $4.7m $4.7m 0.39% Reduced -7.5m -7,458,000
26 PIER 88 INVESTMENT PARTNERS LLC 1.17% of their portfolio SAN FRANCISCO, CA 4,075,0004.1m $4.7m $4.7m 1.17% Added +1.1m +1,100,000
27 RATIONAL ADVISORS, INC. 0.40% of their portfolio San Juan, PR 3,875,0003.9m $4.5m $4.5m 0.40% Added +1.0m +1,020,000
28 BlackRock Inc. 0.00% of their portfolio New York, NY 3,875,0003.9m $4.5m $4.5m 0.00% Added +300.0k +300,000
29 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 3,800,0003.8m $4.5m $4.5m 0.00% Added +700.0k +700,000
30 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 3,200,0003.2m $3.7m $3.7m 0.01% Unchanged
31 LBP AM SA 0.08% of their portfolio Paris, I0 3,000,0003.0m $3.5m $3.5m 0.08% Unchanged
32 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 2,990,0003.0m $3.4m $3.4m 0.00% Unchanged
33 PALISADE CAPITAL MANAGEMENT, LP 0.08% of their portfolio FORT LEE, NJ 2,555,0002.6m $2.9m $2.9m 0.08% Unchanged
34 JUPITER ASSET MANAGEMENT LTD 0.03% of their portfolio London, X0 2,500,0002.5m $2.9m $2.9m 0.03% Unchanged
35 Flow State Investments, L.P. 1.08% of their portfolio CHICAGO, IL 2,500,0002.5m $2.9m $2.9m 1.08% Reduced -1.9m -1,900,000
36 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 2,470,0002.5m $2.9m $2.9m 0.00% Unchanged
37 Man Group plc 0.01% of their portfolio LONDON, X0 2,285,0002.3m $2.6m $2.6m 0.01% Reduced -425.0k -425,000
38 Amundi 0.00% of their portfolio Paris, I0 2,280,0002.3m $2.6m $2.6m 0.00% Unchanged
39 Nicholas Investment Partners, LP 0.18% of their portfolio RANCHO SANTA FE, CA 2,100,0002.1m $2.4m $2.4m 0.18% Unchanged
40 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,045,0002.0m $2.4m $2.4m 0.00% Reduced -400.0k -400,000
41 AVIVA PLC 0.01% of their portfolio LONDON, X0 2,000,0002.0m $2.3m $2.3m 0.01% Reduced -2.0m -2,000,000
42 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,790,0001.8m $2.1m $2.1m 0.00% Added +1.7m +1,690,000
43 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 1,500,0001.5m $1.8m $1.8m 0.00% Reduced -1.0m -1,000,000
44 Liberty Mutual Group Asset Management Inc. 0.46% of their portfolio Boston, MA 1,450,0001.4m $1.7m $1.7m 0.46% Unchanged
45 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,268,0001.3m $1.5m $1.5m 0.00% Added +1.1m +1,145,000
46 III Capital Management 0.09% of their portfolio BOCA RATON, FL 1,250,0001.2m $1.4m $1.4m 0.09% Unchanged
47 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,040,0001.0m $1.2m $1.2m 0.00% Added +808.0k +808,000
48 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 1,000,0001.0m $1.2m $1.2m 0.00% New
49 EDMOND DE ROTHSCHILD HOLDING S.A. 0.02% of their portfolio CHAMBESY, V8 940,000940.0k $1.1m $1.1m 0.02% Unchanged
50 Calamos Wealth Management LLC 0.08% of their portfolio NAPERVILLE, IL 859,000859.0k $992.0k $992.0k 0.08% Reduced -54.0k -54,000
51 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 639,000639.0k $735.0k $735.0k 0.00% Reduced -1.1m -1,118,000
52 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 543,000543.0k $627.3k $627.3k 0.00% Added +91.0k +91,000
53 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 500,000500.0k $576.6k $576.6k 0.00% Unchanged
54 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $346.6k $346.6k 0.00% Unchanged
55 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 254,000254.0k $293.1k $293.1k 0.01% New
56 Noked Israel Ltd 7.70% of their portfolio Ramat Hasharon, L3 149,600149.6k $24.5m $24.5m 7.70% Added +59.4k +59,400
57 FIRST HAWAIIAN BANK 0.01% of their portfolio HONOLULU, HI 136,000136.0k $156.7k $156.7k 0.01% Reduced -204.0k -204,000
58 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 110,000110.0k $127.3k $127.3k 0.00% Unchanged
59 LAKE STREET ADVISORS GROUP, LLC 0.01% of their portfolio PORTSMOUTH, NH 84,00084.0k $97.0k $97.0k 0.01% Added +7.0k +7,000
60 BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio NEW YORK, NY 60,00060.0k $69.3k $69.3k 0.00% Unchanged
61 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 55,00055.0k $63.4k $63.4k 0.00% Unchanged
62 SG Americas Securities, LLC 0.06% of their portfolio NEW YORK, NY 42,00042.0k $4.9m $4.9m 0.06% Added +14.0k +14,000
63 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 19,00019.0k $21.9k $21.9k 0.00% New
64 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 17,00017.0k $19.6k $19.6k 0.00% New
65 LOOMIS SAYLES & CO L P 0.00% of their portfolio BOSTON, MA 15,27315.3k $2.5m $2.5m 0.00% Reduced -7.9k -7,903
66 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 15,00015.0k $17.3k $17.3k 0.00% Unchanged
67 Verition Fund Management LLC 0.14% of their portfolio GREENWICH, CT 8,7668.8k $10.1m $10.1m 0.14% Unchanged
68 Alken Asset Management Ltd 0.04% of their portfolio LONDON, X0 1,2001.2k $1.4k $1.4k 0.04% Unchanged
69 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,0001.0k $1.2k $1.2k 0.00% Unchanged
70 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged