Vault-13

ORMAT TECHNOLOGIES INC ORA 2.5 07.15.27

NOTE 2.500% 7/1 · US DOMESTIC · CUSIP 686688AB8

36 institutional holders -1 vs Q1 2025
32,201,28032.2m shares reported held*
$330.5mreported value*
7 new 14 added 5 reduced 8 sold out net bought ≈ $6.3m (+5.0m 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. Holder counts are more reliable. Implied quarter-end price ≈ $10.26.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 23: 42Q4 23: 51Q1 24: 47Q2 24: 47Q3 24: 47Q4 24: 37Q1 25: 37Q2 25: 3636Q3 23Q1 24Q3 24Q1 25Q2 25
Numbers
QuarterHolders
Q3 202342
Q4 202351
Q1 202447
Q2 202447
Q3 202447
Q4 202437
Q1 202537
Q2 202536

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 23: 29 bought or addedQ4 23: 17 cut or sold outQ4 23Q1 24: 12 bought or addedQ1 24: 23 cut or sold outQ2 24: 23 bought or addedQ2 24: 20 cut or sold outQ2 24Q3 24: 14 bought or addedQ3 24: 15 cut or sold outQ4 24: 13 bought or addedQ4 24: 23 cut or sold outQ4 24Q1 25: 14 bought or addedQ1 25: 17 cut or sold outQ2 25: 21 bought or addedQ2 25: 13 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q4 20232917
Q1 20241223
Q2 20242320
Q3 20241415
Q4 20241323
Q1 20251417
Q2 20252113

Biggest buyers

Point72 Asset Management, L.P. New +24,000,000+24.0m
Weiss Asset Management LP Added +22,000,000+22.0m
TENOR CAPITAL MANAGEMENT Co., L.P. New +20,694,000+20.7m
TWO SIGMA INVESTMENTS, LP Added +7,500,000+7.5m
LAZARD ASSET MANAGEMENT LLC Added +7,000,000+7.0m
READYSTATE ASSET MANAGEMENT LP Added +4,283,000+4.3m
Wellesley Asset Management Added +3,487,000+3.5m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND New +3,000,000+3.0m
Fort Baker Capital Management LP New +2,601,000+2.6m
WESTWOOD HOLDINGS GROUP INC New +1,750,000+1.8m

Biggest sellers

D. E. Shaw & Co., Inc. Sold out -39,394,000-39.4m
CAMDEN ASSET MANAGEMENT L P /CA Sold out -15,410,000-15.4m
MILLENNIUM MANAGEMENT LLC Reduced -13,000,000-13.0m
Fort Baker Capital Management LP Sold out -10,601,000-10.6m
ARISTEIA CAPITAL, L.L.C. Sold out -6,000,000-6.0m
GABELLI FUNDS LLC Sold out -4,500,000-4.5m
JPMORGAN CHASE & CO Sold out -2,563,000-2.6m
DEUTSCHE BANK AG\ Reduced -2,157,000-2.2m
SHENKMAN CAPITAL MANAGEMENT INC Reduced -1,760,000-1.8m
GAMCO INVESTORS, INC. ET AL Sold out -300,000-300.0k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Weiss Asset Management LP 0.95% of their portfolio BOSTON, MA 54,450,00054.5m $60.0m $60.0m 0.95% Added +22.0m +22,000,000
2 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 48,285,00048.3m $53.0m $53.0m 0.05% Reduced -13.0m -13,000,000
3 Point72 Asset Management, L.P. 0.06% of their portfolio STAMFORD, CT 24,000,00024.0m $26.3m $26.3m 0.06% New
4 READYSTATE ASSET MANAGEMENT LP 1.07% of their portfolio CHICAGO, IL 23,532,00023.5m $25.8m $25.8m 1.07% Added +4.3m +4,283,000
5 TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio NEW YORK, NY 23,000,00023.0m $25.1m $25.1m 0.05% Added +7.5m +7,500,000
6 TENOR CAPITAL MANAGEMENT Co., L.P. 0.31% of their portfolio NEW YORK, NY 20,694,00020.7m $22.9m $22.9m 0.31% New
7 ABSOLUTE INVESTMENT ADVISERS, LLC 1.90% of their portfolio ROSEMARY BEACH, FL 14,000,00014.0m $15.3m $15.3m 1.90% Added +1.0m +1,000,000
8 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 10,000,00010.0m $11.0m $11.0m 0.02% Added +7.0m +7,000,000
9 Wellesley Asset Management 1.04% of their portfolio PORTSMOUTH, NH 9,915,0009.9m $10.9m $10.9m 1.04% Added +3.5m +3,487,000
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 8,948,0008.9m $9.9m $9.9m 0.00% Unchanged
11 OFI INVEST ASSET MANAGEMENT 0.19% of their portfolio ISSY LES MOULINEAUX, I0 8,000,0008.0m $7.5m $7.5m 0.19% Added +1.1m +1,100,000
12 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio Paris, I0 7,300,0007.3m $8.1m $8.1m 0.02% Added +1 +1
13 SHENKMAN CAPITAL MANAGEMENT INC 0.83% of their portfolio NEW YORK, NY 7,203,0007.2m $8.4m $8.4m 0.83% Reduced -1.8m -1,760,000
14 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 7,000,0007.0m $7.6m $7.6m 0.01% Unchanged
15 BlackRock, Inc. 0.00% of their portfolio New York, NY 4,425,0004.4m $4.8m $4.8m 0.00% Added +400.0k +400,000
16 FMR LLC 0.00% of their portfolio BOSTON, MA 3,465,0003.5m $3.8m $3.8m 0.00% Unchanged
17 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 3,280,0003.3m $3.6m $3.6m 0.00% Added +760.0k +760,000
18 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 3,000,0003.0m $3.3m $3.3m 0.01% New
19 Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio FRANKFURT AM MAIN, 2M 3,000,0003.0m $3.3m $3.3m 0.01% Unchanged
20 Fort Baker Capital Management LP 0.51% of their portfolio Larkspur, CA 2,601,0002.6m $2.9m $2.9m 0.51% New
21 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 2,500,0002.5m $2.8m $2.8m 0.00% Unchanged
22 Amundi 0.00% of their portfolio Paris, I0 2,300,0002.3m $2.5m $2.5m 0.00% Unchanged
23 Jefferies Financial Group Inc. 0.03% of their portfolio NEW YORK, NY 1,931,0001.9m $2.1m $2.1m 0.03% Added +1.5m +1,484,000
24 WESTWOOD HOLDINGS GROUP INC 0.01% of their portfolio DALLAS, TX 1,750,0001.8m $1.8m $1.8m 0.01% New
25 Man Group plc 0.00% of their portfolio LONDON, X0 1,550,0001.6m $1.7m $1.7m 0.00% Reduced -200.0k -200,000
26 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,410,0001.4m $1.6m $1.6m 0.00% Added +705.0k +705,000
27 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,035,0001.0m $1.1m $1.1m 0.00% Added +250.0k +250,000
28 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 847,000847.0k $924.1k $924.1k 0.00% Reduced -2.2m -2,157,000
29 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 400,000400.0k $432.0k $432.0k 0.00% Unchanged
30 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 351,000351.0k $382.9k $382.9k 0.00% Unchanged
31 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 300,000300.0k $331.3k $331.3k 0.00% New
32 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 300,000300.0k $333.3k $333.3k 0.00% Added +300.0k +300,000
33 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 291,000291.0k $317.5k $317.5k 0.00% Unchanged
34 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 262,000262.0k $286.2k $286.2k 0.00% Reduced -97.0k -97,000
35 Boussard & Gavaudan Investment Management LLP 0.04% of their portfolio London, X0 280280 $309.6k $309.6k 0.04% New
36 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged