Vault-13

KAMAN CORP KAMN 3.25 05.01.24

NOTE 3.250% 5/0 · US DOMESTIC · CUSIP 483548AF0

32 institutional holders -4 vs Q2 2023
39,256,04239.3m shares reported held*
$180.7mreported value*
2 new 6 added 7 reduced 6 sold out net bought ≈ $2.6m (+24.8m 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 ($670.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $4.62.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 42Q4 22: 43Q1 23: 38Q2 23: 36Q3 23: 3232Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202242
Q4 202243
Q1 202338
Q2 202336
Q3 202332

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 11 bought or addedQ4 22: 19 cut or sold outQ4 22Q1 23: 13 bought or addedQ1 23: 16 cut or sold outQ1 23Q2 23: 7 bought or addedQ2 23: 11 cut or sold outQ2 23Q3 23: 8 bought or addedQ3 23: 13 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221119
Q1 20231316
Q2 2023711
Q3 2023813

Biggest buyers

MACQUARIE GROUP LTD New +26,267,000+26.3m
LAZARD ASSET MANAGEMENT LLC Added +6,589,000+6.6m
Skaana Management L.P. New +2,000,000+2.0m
OAKTREE CAPITAL MANAGEMENT LP Added +1,926,000+1.9m
JPMORGAN CHASE & CO Added +1,688,000+1.7m
Russell Investments Group, Ltd. Added +454,000+454.0k
Wellesley Asset Management Added +397,759+397.8k
ARCADIA INVESTMENT MANAGEMENT CORP/MI Added +265,000+265.0k

Biggest sellers

MACQUARIE GROUP LTD Sold out -26,267,000-26.3m
ZAZOVE ASSOCIATES LLC Reduced -3,795,000-3.8m
CONNING INC. Sold out -3,050,000-3.0m
ABSOLUTE INVESTMENT ADVISERS, LLC Sold out -1,608,000-1.6m
CAMDEN ASSET MANAGEMENT L P /CA Sold out -1,550,000-1.6m
Chicago Capital Management, LLC Reduced -357,000-357.0k
MORGAN STANLEY Reduced -122,000-122.0k
Thrivent Financial for Lutherans Reduced -100,000-100.0k
ENVESTNET ASSET MANAGEMENT INC Sold out -42,000-42.0k
ROYAL BANK OF CANADA Sold out -37,000-37.0k

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Wellesley Asset Management 1.59% of their portfolio PORTSMOUTH, NH 32,855,86532.9m $32.0m $32.0m 1.59% Added +397.8k +397,759
2 MACQUARIE GROUP LTD 0.03% of their portfolio Sydney, NSW 2000, C3 26,267,00026.3m $25.6m $25.6m 0.03% New
3 ZAZOVE ASSOCIATES LLC 2.47% of their portfolio INCLINE VILLAGE, NV 24,489,00024.5m $23.8m $23.8m 2.47% Reduced -3.8m -3,795,000
4 AVIVA PLC 0.07% of their portfolio LONDON, X0 17,250,00017.2m $16.7m $16.7m 0.07% Unchanged
5 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 16,487,00016.5m $16.1m $16.1m 0.02% Added +6.6m +6,589,000
6 OAKTREE CAPITAL MANAGEMENT LP 0.23% of their portfolio LOS ANGELES, CA 15,423,00015.4m $15.0m $15.0m 0.23% Added +1.9m +1,926,000
7 PALISADE CAPITAL MANAGEMENT, LP 0.24% of their portfolio FORT LEE, NJ 9,018,0009.0m $8.8m $8.8m 0.24% Reduced -27.0k -27,000
8 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 6,800,0006.8m $6.6m $6.6m 0.02% Reduced -100.0k -100,000
9 Ameritas Investment Partners, Inc. 0.17% of their portfolio LINCOLN, NE 4,450,0004.5m $4.3m $4.3m 0.17% Unchanged
10 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 3,562,0003.6m $3.5m $3.5m 0.01% Added +454.0k +454,000
11 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 3,500,0003.5m $3.4m $3.4m 0.01% Unchanged
12 WATER ISLAND CAPITAL LLC 0.27% of their portfolio NEW YORK, NY 3,000,0003.0m $3.0m $3.0m 0.27% Unchanged
13 Chicago Capital Management, LLC 6.87% of their portfolio CHICAGO, IL 2,643,0002.6m $2.6m $2.6m 6.87% Reduced -357.0k -357,000
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,078,0002.1m $2.0m $2.0m 0.00% Added +1.7m +1,688,000
15 Skaana Management L.P. 0.66% of their portfolio BROOKLYN, NY 2,000,0002.0m $1.9m $1.9m 0.66% New
16 SSI INVESTMENT MANAGEMENT LLC 0.14% of their portfolio Los Angeles, CA 1,817,0001.8m $1.8m $1.8m 0.14% Unchanged
17 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,396,0001.4m $1.4m $1.4m 0.00% Unchanged
18 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 839,000839.0k $814.4k $814.4k 0.00% Unchanged
19 ARCADIA INVESTMENT MANAGEMENT CORP/MI 0.15% of their portfolio KALAMAZOO, MI 705,000705.0k $690.5k $690.5k 0.15% Added +265.0k +265,000
20 PRELUDE CAPITAL MANAGEMENT, LLC 0.06% of their portfolio NEW YORK, NY 687,000687.0k $670.3k $670.3k 0.06% Unchanged
21 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 120,000120.0k $114.3k $114.3k 0.00% Unchanged
22 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 81,00081.0k $78.6k $78.6k 0.00% Unchanged
23 Cetera Advisors LLC 0.00% of their portfolio DENVER, CO 59,00059.0k $57.3k $57.3k 0.00% Reduced -6.0k -6,000
24 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 30,00030.0k $29.4k $29.4k 0.00% Unchanged
25 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 16,00016.0k $15.1k $15.1k 0.00% Reduced -122.0k -122,000
26 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 15,00015.0k $14.6k $14.6k 0.00% Unchanged
27 Mariner, LLC 0.00% of their portfolio Overland Park, KS 15,00015.0k $14.5k $14.5k 0.00% Unchanged
28 Context Capital Management, LLC 0.82% of their portfolio LAJOLLA, CA 10,48810.5k $10.2m $10.2m 0.82% Reduced -149 -149
29 Leisure Capital Management 0.01% of their portfolio COSTA MESA, CA 10,00010.0k $9.8k $9.8k 0.01% Unchanged
30 Rehmann Capital Advisory Group 0.00% of their portfolio LANSING, MI 4242 $40.8k $40.8k 0.00% Unchanged
31 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3737 $35.9k $35.9k 0.00% Unchanged
32 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged