Vault-13

OATLY GROUP AB OTLY 9.25 09.14.28

NOTE 9.250% 9/1 · US DOMESTIC · CUSIP 67421JAC2

7 institutional holders -2 vs Q2 2025
$103.3mprincipal reported held*
$94.1mreported value*
1 new 2 added 1 reduced 2 sold out net sold ≈ $3.7m

* 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. Holder counts are more reliable.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

051015Q2 24: 11Q3 24: 11Q4 24: 9Q1 25: 9Q2 25: 9Q3 25: 77Q2 24Q3 24Q4 24Q1 25Q2 25Q3 25
Numbers
QuarterHolders
Q2 202411
Q3 202411
Q4 20249
Q1 20259
Q2 20259
Q3 20257

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q3 24: 0 bought or addedQ3 24: 0 cut or sold outQ3 24Q4 24: 7 bought or addedQ4 24: 3 cut or sold outQ4 24Q1 25: 0 bought or addedQ1 25: 0 cut or sold outQ1 25Q2 25: 7 bought or addedQ2 25: 0 cut or sold outQ2 25Q3 25: 3 bought or addedQ3 25: 3 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q3 202400
Q4 202473
Q1 202500
Q2 202570
Q3 202533

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50k$100k$150k$200kQ4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $147.4kQ1 25P/C —Q2 25 calls: $0Q2 25 puts: $178.1kQ2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —
Numbers
QuarterCallsPutsP/C
Q4 2024$0$0—
Q1 2025$0$147.4k—
Q2 2025$0$178.1k—
Q3 2025$0$0—

Biggest buyers

Lodbrok Capital LLP Added +13,499,998+13.5m
SILVERBACK ASSET MANAGEMENT LLC New +5,052,969+5.1m
JPMORGAN CHASE & CO Added +221+221

Biggest sellers

Alyeska Investment Group, L.P. Sold out -12,052,969-12.1m
CastleKnight Management LP Sold out -8,111,918-8.1m
WHITEBOX ADVISORS LLC Reduced -2,500,000-2.5m

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Lodbrok Capital LLP 60.62% of their portfolio LONDON, X0 51,102,77451.1m $46.8m $46.8m 60.62% Added +13.5m +13,499,998
2 Tetragon Partners GP Ltd 2.67% of their portfolio GRAND CAYMAN, E9 20,020,02720.0m $18.4m $18.4m 2.67% Unchanged
3 HEIGHTS CAPITAL MANAGEMENT, INC 3.41% of their portfolio SAN FRANCISCO, CA 12,052,97012.1m $10.7m $10.7m 3.41% Unchanged
4 WHITEBOX ADVISORS LLC 0.15% of their portfolio MINNEAPOLIS, MN 9,024,8069.0m $8.0m $8.0m 0.15% Reduced -2.5m -2,500,000
5 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 6,026,4846.0m $5.5m $5.5m 0.00% Unchanged
6 SILVERBACK ASSET MANAGEMENT LLC 0.60% of their portfolio DURHAM, NC 5,052,9695.1m $4.6m $4.6m 0.60% New
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 442442 $364 $364 0.00% Added +221 +221