TILRAY BRANDS INC
COM · CUSIP 88688T100 · ISIN US88688T1007
353
institutional holders
-9 vs Q4 2022
61.7m
shares reported held*
$156.7mreported value*
42 new
94 added
87 reduced
46 sold out
net bought ≈ $3.6m (+1.4m 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 ($14.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $2.54. Options: 17 managers hold calls ($42.2m notional), 20 hold puts ($23.3m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 348 |
| Q4 2022 | 362 |
| Q1 2023 | 353 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 146 | 128 |
| Q1 2023 | 136 | 133 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $73.9m | $44.6m | 0.60 |
| Q4 2022 | $81.4m | $28.3m | 0.35 |
| Q1 2023 | $42.2m | $23.3m | 0.55 |
Biggest buyers
| ETF MANAGERS GROUP, LLC | New | +7.6m |
| VANGUARD GROUP INC | Added | +939.6k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +895.1k |
| BANK OF MONTREAL /CAN/ | Added | +796.4k |
| BlackRock Inc. | Added | +634.6k |
| STATE STREET CORP | Added | +490.0k |
| Jump Financial, LLC | Added | +414.5k |
| Alberta Investment Management Corp | Added | +410.0k |
| AXS Investments LLC | New | +338.8k |
| Mirae Asset Global Investments Co., Ltd. | Added | +298.6k |
Biggest sellers
| MARSHALL WACE, LLP | Sold out | -2.4m |
| MILLENNIUM MANAGEMENT LLC | Sold out | -2.3m |
| D. E. Shaw & Co., Inc. | Reduced | -1.8m |
| Prentice Capital Management, LP | Reduced | -1.7m |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -955.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -645.7k |
| Sculptor Capital LP | Reduced | -403.4k |
| Merlin Capital, Inc | Sold out | -396.8k |
| Cubist Systematic Strategies, LLC | Reduced | -368.0k |
| JANE STREET GROUP, LLC | Reduced | -351.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $13.6m5.4m shares |
| CITADEL ADVISORS LLC | Reduced | $7.1m2.8m shares |
| NATIONAL BANK OF CANADA /FI/ | Added | $6.7m26.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.3m1.7m shares |
| GROUP ONE TRADING LLC | Reduced | $2.4m962.7k shares |
| IMC-Chicago, LLC | Reduced | $2.3m918.4k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.9m745.3k shares |
| PEAK6 Investments LLC | Reduced | $1.4m569.6k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $1.0m407.8k shares |
| SIG North Trading, ULC | Reduced | $624.9k247.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.0m1.6m shares |
| NATIONAL BANK OF CANADA /FI/ | Added | $3.6m14.1k shares |
| CITADEL ADVISORS LLC | Reduced | $3.3m1.3m shares |
| Sculptor Capital LP | Reduced | $2.4m933.1k shares |
| BNP PARIBAS FINANCIAL MARKETS | New | $2.3m9.0k shares |
| Squarepoint Ops LLC | New | $1.2m490.2k shares |
| BANK OF MONTREAL /CAN/ | Added | $1.1m427.7k shares |
| IMC-Chicago, LLC | Reduced | $952.8k376.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $858.0k339.4k shares |
| GROUP ONE TRADING LLC | Reduced | $837.2k330.9k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| ETF MANAGERS GROUP, LLC 0.62% of their portfolio | 7.6m $19.2m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 3.5m $8.9m | Reduced -645.7k |
| VANGUARD GROUP INC 0.00% of their portfolio | 3.5m $8.8m | Added +939.6k |
| MORGAN STANLEY 0.00% of their portfolio | 2.8m $7.1m | Added +230.2k |
| Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio | 2.7m $6.8m | Added +298.6k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 2.6m $6.6m | Added +796.4k |
| BlackRock Inc. 0.00% of their portfolio | 2.3m $5.9m | Added +634.6k |
| Swiss National Bank 0.00% of their portfolio | 1.3m $3.3m | Added +24.5k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 1.3m $3.3m | Added +100.2k |
| STATE STREET CORP 0.00% of their portfolio | 1.3m $3.2m | Added +490.0k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 1.2m $3.2m | Reduced -955.8k |
| Alyeska Investment Group, L.P. 0.03% of their portfolio | 1.2m $2.9m | Reduced -100.0k |
| TD Asset Management Inc 0.00% of their portfolio | 1.1m $2.7m | Added +16.8k |
| Penserra Capital Management LLC 0.05% of their portfolio | 1.0m $2.6m | Added +81.3k |
| California Public Employees Retirement System 0.00% of their portfolio | 997.6k $2.5m | Unchanged |
| Sculptor Capital LP 0.06% of their portfolio | 933.1k $2.4m | Reduced -403.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 920.7k $2.7m | Reduced -14.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 907.8k $2.3m | Added +895.1k |
| AdvisorShares Investments LLC 0.65% of their portfolio | 825.3k $2.1m | Reduced -339.6k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 817.4k $2.1m | Added +223.9k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 732.9k $1.9m | Added +122.7k |
| Prentice Capital Management, LP 3.96% of their portfolio | 729.1k $1.8m | Reduced -1.7m |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 576.4k $1.5m | Reduced -280.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 573.1k $1.4m | Reduced -157.7k |
| CIBC Asset Management Inc 0.01% of their portfolio | 542.7k $1.4m | Added +24.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 537.1k $1.4m | Added +70.7k |
| Alberta Investment Management Corp 0.01% of their portfolio | 536.3k $1.4m | Added +410.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 513.4k $1.3m | Reduced -909 |
| Hall Private Wealth Advisors 0.66% of their portfolio | 501.9k $1.3m | Reduced -77 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 499.0k $1.3m | Added +283.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 494.3k $1.3m | Added +33.3k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 492.6k $1.2m | Reduced -45.0k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.01% of their portfolio | 478.6k $1.2m | Added +57.7k |
| Legal & General Group Plc 0.00% of their portfolio | 473.4k $1.2m | Reduced -1.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 455.5k $1.2m | Reduced -1.7k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 443.6k $1.1m | Reduced -1.8m |
| Jump Financial, LLC 0.04% of their portfolio | 430.2k $1.1m | Added +414.5k |
| GROUP ONE TRADING LLC 0.05% of their portfolio | 400.8k $1.0m | Added +32.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 380.6k $962.3k | Added +49.8k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 374.1k $949.7k | Added +5.5k |
| Greenwich Wealth Management LLC 0.10% of their portfolio | 356.1k $901.0k | Unchanged |
| Freestone Capital Holdings, LLC 0.04% of their portfolio | 339.0k $857.8k | Reduced -2.0k |
| AXS Investments LLC 0.28% of their portfolio | 338.8k $857.2k | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 338.0k $855.0k | Added +41.4k |
| Invesco Ltd. 0.00% of their portfolio | 318.2k $805.0k | Added +193.7k |
| LPL Financial LLC 0.00% of their portfolio | 316.6k $801.0k | Added +28.7k |
| Bayesian Capital Management, LP 0.10% of their portfolio | 313.0k $791.9k | Added +283.3k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 297.7k $753.2k | Added +28.7k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 296.8k $751.0k | Reduced -29.3k |
| Princeton Global Asset Management LLC 0.20% of their portfolio | 273.5k $692.0k | Unchanged |
| Evanson Asset Management, LLC 0.07% of their portfolio | 262.8k $664.9k | Unchanged |
| Vontobel Holding Ltd. 0.01% of their portfolio | 258.3k $653.6k | Added +19.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 236.9k $599.4k | Reduced -351.7k |
| CAPITAL FUND MANAGEMENT S.A. 0.01% of their portfolio | 230.1k $582.3k | Added +8.1k |
| HRT FINANCIAL LP 0.01% of their portfolio | 228.2k $577.0k | New |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 219.4k $556.2k | Added +128.5k |
| Tidal Investments LLC 0.01% of their portfolio | 209.2k $530.0k | Added +119.4k |
| SIGNATUREFD, LLC 0.01% of their portfolio | 195.9k $495.5k | Unchanged |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 177.2k $448.2k | Added +25.8k |
| Walleye Capital LLC 0.01% of their portfolio | 172.2k $435.7k | New |
| CENTAURUS FINANCIAL, INC. 0.03% of their portfolio | 167.1k $423.0k | Reduced -50 |
| Cambria Investment Management, L.P. 0.03% of their portfolio | 160.6k $406.3k | Reduced -17.8k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 159.0k $402.3k | Added +67.6k |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 158.3k $400.6k | Added +15 |
| Laurion Capital Management LP 0.02% of their portfolio | 150.0k $379.5k | New |
| NORTHSTAR ASSET MANAGEMENT INC 0.12% of their portfolio | 149.9k $379.2k | Unchanged |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 146.7k $371.1k | Added +5.0k |
| ALGERT GLOBAL LLC 0.02% of their portfolio | 141.9k $359.0k | Added +100.5k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 133.0k $336.0k | Reduced -9.0k |
| PEAK6 Investments LLC 0.02% of their portfolio | 131.2k $331.8k | Reduced -1.5k |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 116.8k $295.5k | Reduced -368.0k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 115.7k $292.8k | Reduced -9.0k |
| Corient Private Wealth LP 0.00% of their portfolio | 114.7k $290.3k | Added +8 |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 113.9k $288.2k | Added +38.6k |
| WOLVERINE TRADING, LLC 0.01% of their portfolio | 109.5k $276.0k | Reduced -67.8k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.00% of their portfolio | 108.2k $273.7k | Added +16.8k |
| Compass Advisory Group LLC 0.16% of their portfolio | 105.7k $267.3k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 104.4k $264.2k | Reduced -4.4k |
| SG Americas Securities, LLC 0.00% of their portfolio | 99.7k $252.0k | Added +27.0k |
| Hilton Capital Management, LLC 0.03% of their portfolio | 94.3k $253.6k | Unchanged |
| IMC-Chicago, LLC 0.04% of their portfolio | 89.0k $225.3k | New |
| Creative Planning 0.00% of their portfolio | 87.1k $220.4k | Added +8.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 85.8k $217.1k | Reduced -6.5k |
| HighTower Advisors, LLC 0.00% of their portfolio | 85.7k $219.0k | Reduced -1.1k |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 82.0k $208.0k | Added +57 |
| Marex Group Ltd 0.03% of their portfolio | 80.9k $204.6k | Reduced -8.1k |
| Gratus Capital, LLC 0.02% of their portfolio | 79.5k $201.2k | New |
| Van Hulzen Asset Management, LLC 0.02% of their portfolio | 78.3k $198.0k | Added +12.2k |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 77.6k $196.1k | Added +17.7k |
| PICTET ASSET MANAGEMENT SA 0.00% of their portfolio | 73.7k $186.4k | Added +18.1k |
| CapWealth Advisors, LLC 0.02% of their portfolio | 73.0k $184.7k | Added +3.5k |
| Garde Capital, Inc. 0.02% of their portfolio | 69.4k $175.0k | Unchanged |
| Private Advisor Group, LLC 0.00% of their portfolio | 68.9k $174.2k | Added +6.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 68.3k $172.7k | Added +5.1k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 68.0k $172.0k | Added +8.0k |
| Arkadios Wealth Advisors 0.02% of their portfolio | 66.4k $168.1k | Added +24.2k |
| Stelac Advisory Services LLC 0.07% of their portfolio | 66.2k $167.6k | Added +870 |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 65.4k $165.0k | Added +64.4k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.00% of their portfolio | 62.6k $158.0k | Unchanged |
| Granite Point Capital Management, L.P. 0.57% of their portfolio | 62.1k $157.1k | Reduced -35.0k |