Vault-13

CYBERARK SOFTWARE LTD CYBR 0 11.15.24

NOTE 11/1 · US DOMESTIC · CUSIP 23248VAB1

61 institutional holders +8 vs Q1 2024
34,454,60834.5m shares reported held*
$1.0bnreported value*
10 new 10 added 22 reduced 2 sold out net bought ≈ $21.8m (+2.3m 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 ($22.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $29.90.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 58Q4 22: 60Q1 23: 57Q2 23: 68Q3 23: 70Q4 23: 70Q1 24: 53Q2 24: 6161Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202258
Q4 202260
Q1 202357
Q2 202368
Q3 202370
Q4 202370
Q1 202453
Q2 202461

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 22: 23 bought or addedQ4 22: 24 cut or sold outQ4 22Q1 23: 25 bought or addedQ1 23: 27 cut or sold outQ2 23: 26 bought or addedQ2 23: 24 cut or sold outQ2 23Q3 23: 23 bought or addedQ3 23: 24 cut or sold outQ4 23: 28 bought or addedQ4 23: 33 cut or sold outQ4 23Q1 24: 17 bought or addedQ1 24: 46 cut or sold outQ2 24: 20 bought or addedQ2 24: 24 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222324
Q1 20232527
Q2 20232624
Q3 20232324
Q4 20232833
Q1 20241746
Q2 20242024

Biggest buyers

III Capital Management New +54,909,000+54.9m
AQR Arbitrage LLC New +33,670,000+33.7m
JPMORGAN CHASE & CO Added +18,196,000+18.2m
BNP PARIBAS FINANCIAL MARKETS Added +9,068,000+9.1m
LORD, ABBETT & CO. LLC Added +5,308,000+5.3m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +4,172,000+4.2m
MILLENNIUM MANAGEMENT LLC Added +2,000,000+2.0m
BOOTHBAY FUND MANAGEMENT, LLC New +1,496,000+1.5m
BARCLAYS PLC Added +1,455,000+1.5m
GROUPAMA ASSET MANAGMENT New +1,000,000+1.0m

Biggest sellers

Linden Advisors LP Reduced -55,000,000-55.0m
MOORE CAPITAL MANAGEMENT, LP Reduced -28,488,000-28.5m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -14,600,000-14.6m
MORGAN STANLEY Reduced -4,501,000-4.5m
VOYA INVESTMENT MANAGEMENT LLC Reduced -3,500,000-3.5m
BANK OF AMERICA CORP /DE/ Reduced -3,045,100-3.0m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Reduced -3,000,000-3.0m
SSI INVESTMENT MANAGEMENT LLC Reduced -1,914,000-1.9m
M&G PLC Reduced -1,769,000-1.8m
Invesco Ltd. Reduced -1,173,000-1.2m

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 2.63% of their portfolio NEW YORK, NY 96,062,00096.1m $167.2m $167.2m 2.63% Added +4.2m +4,172,000
2 Linden Advisors LP 0.85% of their portfolio New York, NY 58,152,00058.2m $101.2m $101.2m 0.85% Reduced -55.0m -55,000,000
3 III Capital Management 5.28% of their portfolio BOCA RATON, FL 54,909,00054.9m $95.5m $95.5m 5.28% New
4 Calamos Advisors LLC 0.36% of their portfolio NAPERVILLE, IL 42,609,00042.6m $74.1m $74.1m 0.36% Added +43.0k +43,000
5 DeepCurrents Investment Group LLC 2.90% of their portfolio NEW YORK, NY 41,410,00041.4m $72.1m $72.1m 2.90% Unchanged
6 CAPSTONE INVESTMENT ADVISORS, LLC 1.38% of their portfolio NEW YORK, NY 36,345,00036.3m $63.3m $63.3m 1.38% Unchanged
7 AQR Arbitrage LLC 1.52% of their portfolio Greenwich, CT 33,670,00033.7m $58.7m $58.7m 1.52% New
8 LORD, ABBETT & CO. LLC 0.09% of their portfolio JERSEY CITY, NJ 32,980,00033.0m $57.4m $57.4m 0.09% Added +5.3m +5,308,000
9 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 32,000,00032.0m $55.7m $55.7m 0.05% Added +2.0m +2,000,000
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 26,628,00026.6m $46.4m $46.4m 0.00% Added +18.2m +18,196,000
11 MOORE CAPITAL MANAGEMENT, LP 0.76% of their portfolio NEW YORK, NY 19,989,00020.0m $34.8m $34.8m 0.76% Reduced -28.5m -28,488,000
12 VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio ATLANTA, GA 14,595,00014.6m $25.4m $25.4m 0.03% Reduced -3.5m -3,500,000
13 Verition Fund Management LLC 0.18% of their portfolio GREENWICH, CT 13,050,00013.1m $22.7m $22.7m 0.18% Unchanged
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,757,00011.8m $20.4m $20.4m 0.00% Reduced -200.0k -200,000
15 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 10,725,00010.7m $18.6m $18.6m 0.02% Added +9.1m +9,068,000
16 Walleye Capital LLC 0.16% of their portfolio NEW YORK, NY 9,000,0009.0m $15.7m $15.7m 0.16% Unchanged
17 ADVENT CAPITAL MANAGEMENT /DE/ 0.35% of their portfolio NEW YORK, NY 8,395,0008.4m $14.6m $14.6m 0.35% Reduced -649.0k -649,000
18 M&G PLC 0.06% of their portfolio London, X0 5,451,0005.5m $9.5m $9.5m 0.06% Reduced -1.8m -1,769,000
19 SHENKMAN CAPITAL MANAGEMENT INC 0.81% of their portfolio NEW YORK, NY 5,281,0005.3m $9.4m $9.4m 0.81% Reduced -61.0k -61,000
20 BlackRock Inc. 0.00% of their portfolio New York, NY 4,725,0004.7m $8.2m $8.2m 0.00% Reduced -50.0k -50,000
21 FMR LLC 0.00% of their portfolio BOSTON, MA 4,650,0004.7m $8.1m $8.1m 0.00% Reduced -250.0k -250,000
22 SSI INVESTMENT MANAGEMENT LLC 0.60% of their portfolio Los Angeles, CA 4,511,0004.5m $7.8m $7.8m 0.60% Reduced -1.9m -1,914,000
23 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 2,310,0002.3m $4.0m $4.0m 0.00% Reduced -275.0k -275,000
24 Nicholas Investment Partners, LP 0.38% of their portfolio RANCHO SANTA FE, CA 2,100,0002.1m $3.6m $3.6m 0.38% Unchanged
25 PALISADE CAPITAL MANAGEMENT, LP 0.10% of their portfolio FORT LEE, NJ 2,051,0002.1m $3.6m $3.6m 0.10% Unchanged
26 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,763,0001.8m $3.1m $3.1m 0.00% Reduced -4.5m -4,501,000
27 BOOTHBAY FUND MANAGEMENT, LLC 0.08% of their portfolio NEW YORK, NY 1,496,0001.5m $2.6m $2.6m 0.08% New
28 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,472,0001.5m $2.6m $2.6m 0.00% Added +1.5m +1,455,000
29 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,143,0001.1m $2.0m $2.0m 0.00% Reduced -1.2m -1,173,000
30 GROUPAMA ASSET MANAGMENT 0.02% of their portfolio PARIS, I0 1,000,0001.0m $1.7m $1.7m 0.02% New
31 DNCA FINANCE 0.10% of their portfolio PARIS, I0 700,000700.0k $1.2m $1.2m 0.10% First filing
32 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 609,000609.0k $1.1m $1.1m 0.00% Added +213.0k +213,000
33 Liberty Mutual Group Asset Management Inc. 0.14% of their portfolio Boston, MA 550,000550.0k $955.4k $955.4k 0.14% Unchanged
34 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 507,000507.0k $880.7k $880.7k 0.00% New
35 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio Paris, I0 500,000500.0k $868.0k $868.0k 0.00% Reduced -3.0m -3,000,000
36 Calamos Wealth Management LLC 0.04% of their portfolio NAPERVILLE, IL 378,000378.0k $657.4k $657.4k 0.04% Reduced -30.0k -30,000
37 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $522.2k $522.2k 0.00% Unchanged
38 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 250,000250.0k $435.2k $435.2k 0.00% Unchanged
39 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 223,900223.9k $388.9k $388.9k 0.00% Reduced -3.0m -3,045,100
40 Central Pacific Bank - Trust Division 0.05% of their portfolio HONOLULU, HI 219,000219.0k $380.4k $380.4k 0.05% Reduced -127.0k -127,000
41 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 217,000217.0k $377.9k $377.9k 0.01% New
42 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 186,000186.0k $324.0k $324.0k 0.00% Unchanged
43 Amundi 0.00% of their portfolio Paris, I0 131,000131.0k $225.5k $225.5k 0.00% Reduced -100.0k -100,000
44 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 120,000120.0k $208.9k $208.9k 0.00% Added +20.0k +20,000
45 FIRST HAWAIIAN BANK 0.01% of their portfolio HONOLULU, HI 106,000106.0k $184.1k $184.1k 0.01% Reduced -67.0k -67,000
46 Fox Hill Wealth Management 0.05% of their portfolio DEDHAM, MA 47,00047.0k $81.6k $81.6k 0.05% Unchanged
47 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 33,00033.0k $57.3k $57.3k 0.00% Unchanged
48 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 32,00032.0k $55.6k $55.6k 0.00% Unchanged
49 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 31,57431.6k $8.6m $8.6m 0.01% Added +18.0k +18,047
50 Virtus Investment Advisers, LLC 0.03% of their portfolio HARTFORD, CT 20,00020.0k $34.7k $34.7k 0.03% Unchanged
51 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 17,00017.0k $29.5k $29.5k 0.00% Unchanged
52 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 15,00015.0k $26.1k $26.1k 0.00% Unchanged
53 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 13,00013.0k $22.6k $22.6k 0.00% New
54 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 12,00012.0k $2.1m $2.1m 0.01% Reduced -10.0k -10,000
55 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 12,00012.0k $20.8k $20.8k 0.00% Reduced -3.0k -3,000
56 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 3,0003.0k $5.2k $5.2k 0.00% Unchanged
57 KADENSA CAPITAL Ltd 0.07% of their portfolio CENTRAL, K3 1,0341.0k $282.7k $282.7k 0.07% New
58 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 1,0001.0k $1.7k $1.7k 0.00% New
59 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,0001.0k $1.7k $1.7k 0.00% New
60 Alken Asset Management Ltd 0.02% of their portfolio LONDON, X0 650650 $1.1k $1.1k 0.02% Reduced -550 -550
61 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged