Vault-13

RAPID7 INC RPD 0.25 03.15.27

NOTE 0.250% 3/1 · US DOMESTIC · CUSIP 753422AF1

28 institutional holders +1 vs Q1 2026
12,123,00012.1m shares reported held*
$577.9mreported value*
4 new 11 added 5 reduced 3 sold out net bought ≈ $16.9m (+1.0m 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 ($2.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $47.90.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 56Q4 22: 40Q1 23: 44Q2 23: 41Q3 23: 45Q4 23: 50Q1 24: 50Q2 24: 45Q3 24: 41Q4 24: 45Q1 25: 37Q2 25: 35Q3 25: 29Q4 25: 29Q1 26: 27Q2 26: 2828Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202256
Q4 202240
Q1 202344
Q2 202341
Q3 202345
Q4 202350
Q1 202450
Q2 202445
Q3 202441
Q4 202445
Q1 202537
Q2 202535
Q3 202529
Q4 202529
Q1 202627
Q2 202628

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q3 24: 15 bought or addedQ3 24: 17 cut or sold outQ4 24: 15 bought or addedQ4 24: 7 cut or sold outQ4 24Q1 25: 13 bought or addedQ1 25: 17 cut or sold outQ2 25: 9 bought or addedQ2 25: 10 cut or sold outQ2 25Q3 25: 11 bought or addedQ3 25: 15 cut or sold outQ4 25: 16 bought or addedQ4 25: 12 cut or sold outQ4 25Q1 26: 15 bought or addedQ1 26: 11 cut or sold outQ2 26: 15 bought or addedQ2 26: 8 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241517
Q4 2024157
Q1 20251317
Q2 2025910
Q3 20251115
Q4 20251612
Q1 20261511
Q2 2026158

Biggest buyers

Radcliffe Capital Management, L.P. New +36,500,000+36.5m
Opti Capital Management, LP Added +26,500,000+26.5m
Lynrock Lake LP Added +16,042,000+16.0m
D. E. Shaw & Co., Inc. New +12,500,000+12.5m
OAKTREE CAPITAL MANAGEMENT LP Added +8,393,000+8.4m
Davidson Kempner Capital Management LP Added +6,200,000+6.2m
AGF MANAGEMENT LTD New +4,800,000+4.8m
Russell Investments Group, Ltd. Added +4,008,000+4.0m
WATER ISLAND CAPITAL LLC Added +3,000,000+3.0m
BlackRock, Inc. Added +2,150,000+2.1m

Biggest sellers

MILLENNIUM MANAGEMENT LLC Sold out -35,500,000-35.5m
LAZARD ASSET MANAGEMENT LLC Reduced -35,413,000-35.4m
CAPSTONE INVESTMENT ADVISORS, LLC Reduced -34,500,000-34.5m
TENOR CAPITAL MANAGEMENT Co., L.P. Reduced -30,000,000-30.0m
Walleye Capital LLC Reduced -3,175,000-3.2m
WELLS FARGO & COMPANY/MN Reduced -2,575,000-2.6m
JANE STREET GROUP, LLC Sold out -400,000-400.0k
BANK OF MONTREAL /CAN/ Sold out -87,000-87.0k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Lynrock Lake LP 8.81% of their portfolio RYE BROOK, NY 144,564,000144.6m $139.5m $139.5m 8.81% Added +16.0m +16,042,000
2 Opti Capital Management, LP 4.77% of their portfolio New York, NY 80,959,00081.0m $78.1m $78.1m 4.77% Added +26.5m +26,500,000
3 TENOR CAPITAL MANAGEMENT Co., L.P. 0.96% of their portfolio NEW YORK, NY 70,000,00070.0m $67.8m $67.8m 0.96% Reduced -30.0m -30,000,000
4 Davidson Kempner Capital Management LP 0.88% of their portfolio New York, NY 57,200,00057.2m $54.9m $54.9m 0.88% Added +6.2m +6,200,000
5 DeepCurrents Investment Group LLC 1.40% of their portfolio NEW YORK, NY 42,500,00042.5m $40.9m $40.9m 1.40% Unchanged
6 Radcliffe Capital Management, L.P. 2.66% of their portfolio BALA CYNWYD, PA 36,500,00036.5m $35.0m $35.0m 2.66% New
7 Balyasny Asset Management L.P. 0.05% of their portfolio Chicago, IL 27,500,00027.5m $26.5m $26.5m 0.05% Unchanged
8 Walleye Capital LLC 0.12% of their portfolio NEW YORK, NY 26,825,00026.8m $25.9m $25.9m 0.12% Reduced -3.2m -3,175,000
9 CAPSTONE INVESTMENT ADVISORS, LLC 0.13% of their portfolio NEW YORK, NY 18,890,00018.9m $18.2m $18.2m 0.13% Reduced -34.5m -34,500,000
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 15,105,00015.1m $14.5m $14.5m 0.00% Added +1.9m +1,900,000
11 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 12,500,00012.5m $12.0m $12.0m 0.01% New
12 BlackRock, Inc. 0.00% of their portfolio New York, NY 11,805,00011.8m $11.3m $11.3m 0.00% Added +2.1m +2,150,000
13 OAKTREE CAPITAL MANAGEMENT LP 0.18% of their portfolio LOS ANGELES, CA 10,061,00010.1m $9.7m $9.7m 0.18% Added +8.4m +8,393,000
14 WATER ISLAND CAPITAL LLC 0.83% of their portfolio NEW YORK, NY 8,501,5308.5m $7.8m $7.8m 0.83% Added +3.0m +3,000,000
15 ABSOLUTE INVESTMENT ADVISERS, LLC 0.76% of their portfolio ROSEMARY BEACH, FL 8,123,0008.1m $7.8m $7.8m 0.76% Unchanged
16 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 5,230,0005.2m $50.5k $50.5k 0.00% Reduced -35.4m -35,413,000
17 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 4,849,0004.8m $4.7m $4.7m 0.00% Reduced -2.6m -2,575,000
18 AGF MANAGEMENT LTD 0.02% of their portfolio TORONTO, A6 4,800,0004.8m $4.6m $4.6m 0.02% New
19 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 4,763,0004.8m $4.6m $4.6m 0.00% Added +4.0m +4,008,000
20 KIM, LLC 0.61% of their portfolio WICHITA, KS 4,690,0004.7m $4.5m $4.5m 0.61% Unchanged
21 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 4,000,0004.0m $3.8m $3.8m 0.01% Added +1.0m +1,000,000
22 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,000,0001.0m $963.7k $963.7k 0.00% New
23 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 485,000485.0k $466.0k $466.0k 0.00% Unchanged
24 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 321,000321.0k $308.2k $308.2k 0.00% Added +100.0k +100,000
25 Northwest & Ethical Investments L.P. 0.00% of their portfolio TORONTO, A6 200,000200.0k $191.7k $191.7k 0.00% Unchanged
26 CSS LLC/IL 0.00% of their portfolio CHICAGO, IL 30,00030.0k $29.0k $29.0k 0.00% Unchanged
27 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 8,0008.0k $7.7k $7.7k 0.00% Unchanged
28 Chicago Capital Management, LLC 5.62% of their portfolio CHICAGO, IL 6,5206.5k $6.3m $6.3m 5.62% Added +2.0k +2,002