Vault-13

MITEK SYS INC MITK 0.75 02.01.26

NOTE 0.750% 2/0 · US DOMESTIC · CUSIP 606710AA9

13 institutional holders -6 vs Q1 2024
5,800,2005.8m shares reported held*
$137.9mreported value*
0 new 5 added 1 reduced 6 sold out net sold ≈ $9.1m

* 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 ($3.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $24.30.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 15Q4 22: 14Q1 23: 12Q2 23: 18Q3 23: 24Q4 23: 23Q1 24: 19Q2 24: 1313Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202215
Q4 202214
Q1 202312
Q2 202318
Q3 202324
Q4 202323
Q1 202419
Q2 202413

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 4 bought or addedQ4 22: 7 cut or sold outQ4 22Q1 23: 3 bought or addedQ1 23: 3 cut or sold outQ2 23: 6 bought or addedQ2 23: 2 cut or sold outQ2 23Q3 23: 10 bought or addedQ3 23: 3 cut or sold outQ4 23: 6 bought or addedQ4 23: 4 cut or sold outQ4 23Q1 24: 5 bought or addedQ1 24: 12 cut or sold outQ2 24: 5 bought or addedQ2 24: 7 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202247
Q1 202333
Q2 202362
Q3 2023103
Q4 202364
Q1 2024512
Q2 202457

Biggest buyers

DeepCurrents Investment Group LLC Added +6,954,000+7.0m
Linden Advisors LP Added +4,250,000+4.2m
Verition Fund Management LLC Added +2,074,000+2.1m
LAZARD ASSET MANAGEMENT LLC Added +500,000+500.0k
Context Capital Management, LLC Added +7,750+7.8k

Biggest sellers

READYSTATE ASSET MANAGEMENT LP Sold out -6,000,000-6.0m
WOLVERINE ASSET MANAGEMENT LLC Reduced -6,000,000-6.0m
Jefferies Financial Group Inc. Sold out -4,479,000-4.5m
BANK OF MONTREAL /CAN/ Sold out -3,900,000-3.9m
SSI INVESTMENT MANAGEMENT LLC Sold out -2,500,000-2.5m
OAKTREE CAPITAL MANAGEMENT LP Sold out -326,000-326.0k
Russell Investments Group, Ltd. Sold out -149,000-149.0k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.38% of their portfolio New York, NY 48,749,00048.7m $45.9m $45.9m 0.38% Added +4.2m +4,250,000
2 TENOR CAPITAL MANAGEMENT Co., L.P. 0.27% of their portfolio NEW YORK, NY 18,000,00018.0m $17.1m $17.1m 0.27% Unchanged
3 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 15,436,00015.4m $14.6m $14.6m 0.02% Added +500.0k +500,000
4 DeepCurrents Investment Group LLC 0.39% of their portfolio NEW YORK, NY 10,454,00010.5m $9.8m $9.8m 0.39% Added +7.0m +6,954,000
5 Birch Grove Capital LP 99.69% of their portfolio New York, NY 9,382,0009.4m $9.1m $9.1m 99.69% Unchanged
6 ABSOLUTE INVESTMENT ADVISERS, LLC 0.79% of their portfolio ROSEMARY BEACH, FL 5,682,0005.7m $5.3m $5.3m 0.79% Unchanged
7 WOLVERINE ASSET MANAGEMENT LLC 0.09% of their portfolio CHICAGO, IL 5,035,0005.0m $4.7m $4.7m 0.09% Reduced -6.0m -6,000,000
8 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 3,194,0003.2m $3.0m $3.0m 0.02% Added +2.1m +2,074,000
9 Lynrock Lake LP 0.19% of their portfolio RYE BROOK, NY 3,000,0003.0m $2.8m $2.8m 0.19% Unchanged
10 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 118,000118.0k $111.1k $111.1k 0.00% Unchanged
11 Context Capital Management, LLC 1.02% of their portfolio LAJOLLA, CA 29,75029.8k $28.2m $28.2m 1.02% Added +7.8k +7,750
12 Alpine Global Management, LLC 0.03% of their portfolio NEW YORK, NY 200200 $187.8k $187.8k 0.03% Unchanged
13 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged