Vault-13

ORMAT TECHNOLOGIES INC ORA 2.5 07.15.27

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

18 institutional holders -21 vs Q4 2025
43,695,11043.7m shares reported held*
$107.6mreported value*
4 new 5 added 5 reduced 24 sold out net sold ≈ $273.4m (-1.7m 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 ≈ $2.46.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 23: 42Q4 23: 51Q1 24: 47Q2 24: 47Q3 24: 47Q4 24: 37Q1 25: 37Q2 25: 36Q3 25: 31Q4 25: 39Q1 26: 1818Q3 23Q1 24Q3 24Q1 25Q3 25Q1 26
Numbers
QuarterHolders
Q3 202342
Q4 202351
Q1 202447
Q2 202447
Q3 202447
Q4 202437
Q1 202537
Q2 202536
Q3 202531
Q4 202539
Q1 202618

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 24: 23 bought or addedQ2 24: 20 cut or sold outQ3 24: 14 bought or addedQ3 24: 15 cut or sold outQ3 24Q4 24: 13 bought or addedQ4 24: 23 cut or sold outQ1 25: 14 bought or addedQ1 25: 17 cut or sold outQ1 25Q2 25: 21 bought or addedQ2 25: 13 cut or sold outQ3 25: 10 bought or addedQ3 25: 19 cut or sold outQ3 25Q4 25: 18 bought or addedQ4 25: 12 cut or sold outQ1 26: 9 bought or addedQ1 26: 29 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20242320
Q3 20241415
Q4 20241323
Q1 20251417
Q2 20252113
Q3 20251019
Q4 20251812
Q1 2026929

Biggest buyers

Ovata Capital Management Ltd New +7,500,000+7.5m
JPMORGAN CHASE & CO Added +5,003,000+5.0m
WELLS FARGO & COMPANY/MN Added +3,700,000+3.7m
SSI INVESTMENT MANAGEMENT LLC New +2,992,000+3.0m
Jefferies Financial Group Inc. New +1,229,000+1.2m
Universal- Beteiligungs- und Servicegesellschaft mbH Added +300,000+300.0k
BARCLAYS PLC Added +111,000+111.0k
ZAZOVE ASSOCIATES LLC New +75,000+75.0k
Bank of New York Mellon Corp Added +50,000+50.0k

Biggest sellers

MILLENNIUM MANAGEMENT LLC Sold out -75,178,000-75.2m
DLD Asset Management, LP Sold out -37,500,000-37.5m
READYSTATE ASSET MANAGEMENT LP Sold out -23,957,000-24.0m
Nuveen, LLC Sold out -15,000,000-15.0m
TENOR CAPITAL MANAGEMENT Co., L.P. Sold out -10,000,000-10.0m
STATE STREET CORP Sold out -9,248,000-9.2m
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Sold out -7,300,000-7.3m
LORD, ABBETT & CO. LLC Sold out -7,100,000-7.1m
Wellesley Asset Management Sold out -6,070,000-6.1m
TWO SIGMA INVESTMENTS, LP Reduced -5,735,000-5.7m

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Y.D. More Investments Ltd 1.02% of their portfolio Ramat Gan, L3 20,150,00020.1m $26.1m $26.1m 1.02% Unchanged
2 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 14,765,00014.8m $19.3m $19.3m 0.02% Reduced -5.7m -5,735,000
3 OFI INVEST ASSET MANAGEMENT 0.12% of their portfolio ISSY LES MOULINEAUX, I0 8,000,0008.0m $9.1m $9.1m 0.12% Unchanged
4 Ovata Capital Management Ltd 1.37% of their portfolio HONG KONG, K3 7,500,0007.5m $9.8m $9.8m 1.37% New
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5,433,0005.4m $7.1m $7.1m 0.00% Added +5.0m +5,003,000
6 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 4,100,0004.1m $5.3m $5.3m 0.00% Added +3.7m +3,700,000
7 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 3,750,0003.8m $4.9m $4.9m 0.00% Reduced -3.0m -3,000,000
8 Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio FRANKFURT AM MAIN, 2M 3,300,0003.3m $4.3m $4.3m 0.01% Added +300.0k +300,000
9 ABSOLUTE INVESTMENT ADVISERS, LLC 0.46% of their portfolio ROSEMARY BEACH, FL 3,000,0003.0m $3.9m $3.9m 0.46% Reduced -2.4m -2,400,000
10 SSI INVESTMENT MANAGEMENT LLC 0.27% of their portfolio Los Angeles, CA 2,992,0003.0m $3.9m $3.9m 0.27% New
11 NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.01% of their portfolio PHILADELPHIA, PA 2,948,0002.9m $3.9m $3.9m 0.01% Unchanged
12 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 2,050,0002.0m $2.7m $2.7m 0.00% Added +50.0k +50,000
13 Jefferies Financial Group Inc. 0.02% of their portfolio NEW YORK, NY 1,229,0001.2m $1.6m $1.6m 0.02% New
14 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 989,000989.0k $1.3m $1.3m 0.00% Added +111.0k +111,000
15 Central Pacific Bank - Trust Division 0.02% of their portfolio HONOLULU, HI 139,000139.0k $181.3k $181.3k 0.02% Unchanged
16 ZAZOVE ASSOCIATES LLC 0.00% of their portfolio INCLINE VILLAGE, NV 75,00075.0k $98.3k $98.3k 0.00% New
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 17,00017.0k $22.2k $22.2k 0.00% Reduced -334.0k -334,000
18 Boussard & Gavaudan Investment Management LLP 0.39% of their portfolio London, X0 3,1103.1k $4.1m $4.1m 0.39% Reduced -11.0k -11,009