Vault-13

TILRAY BRANDS INC TLRY 5 10.01.23

NOTE 5.000%10/0 · GLOBAL · CUSIP 88688TAB6

31 institutional holders +0 vs Q4 2022
430,000430.0k shares reported held*
$108.6mreported value*
3 new 5 added 4 reduced 4 sold out net bought ≈ $16.8m (-1.1m 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 ($6.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $267.87.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 27Q4 22: 31Q1 23: 3131Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202227
Q4 202231
Q1 202331

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 12 bought or addedQ4 22: 4 cut or sold outQ4 22Q1 23: 8 bought or addedQ1 23: 8 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022124
Q1 202388

Biggest buyers

Hudson Bay Capital Management LP Added +12,500,000+12.5m
PIPER SANDLER & CO. Added +4,727,000+4.7m
ARISTEIA CAPITAL, L.L.C. Added +1,500,000+1.5m
MORGAN STANLEY Added +202,000+202.0k
Raymond James Financial Services Advisors, Inc. New +30,000+30.0k
WEDBUSH SECURITIES INC Added +20,000+20.0k
Day & Ennis, LLC New +20,000+20.0k
Advisor Resource Council New +10,000+10.0k

Biggest sellers

Verition Fund Management LLC Reduced -6,643,350-6.6m
Saltoro Capital, LP Sold out -1,000,000-1.0m
WESTWOOD HOLDINGS GROUP INC Reduced -500,000-500.0k
ROYAL BANK OF CANADA Sold out -201,000-201.0k
L & S Advisors Inc Reduced -105,000-105.0k
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC Sold out -72,000-72.0k
Atria Wealth Solutions, Inc. Sold out -25,000-25.0k
OSAIC HOLDINGS, INC. Reduced -10-10

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ARISTEIA CAPITAL, L.L.C. 0.85% of their portfolio GREENWICH, CT 34,181,00034.2m $34.0m $34.0m 0.85% Added +1.5m +1,500,000
2 Hudson Bay Capital Management LP 0.14% of their portfolio STAMFORD, CT 25,000,00025.0m $24.5m $24.5m 0.14% Added +12.5m +12,500,000
3 DeepCurrents Investment Group LLC 0.96% of their portfolio NEW YORK, NY 22,609,00022.6m $22.3m $22.3m 0.96% Unchanged
4 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 12,250,00012.2m $12.0m $12.0m 0.00% Unchanged
5 PIPER SANDLER & CO. 3.41% of their portfolio MINNEAPOLIS, MN 4,962,0005.0m $4.9m $4.9m 3.41% Added +4.7m +4,727,000
6 WESTWOOD HOLDINGS GROUP INC 0.03% of their portfolio DALLAS, TX 2,900,0002.9m $2.9m $2.9m 0.03% Reduced -500.0k -500,000
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,891,0001.9m $1.9m $1.9m 0.00% Added +202.0k +202,000
8 L & S Advisors Inc 0.13% of their portfolio Los Angeles, CA 940,000940.0k $922.7k $922.7k 0.13% Reduced -105.0k -105,000
9 Terrapin Asset Management, LLC 0.59% of their portfolio Miami, FL 450,000450.0k $443.2k $443.2k 0.59% Unchanged
10 Regal Investment Advisors LLC 0.01% of their portfolio KENTWOOD, MI 140,000140.0k $141.2k $141.2k 0.01% Unchanged
11 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 100,000100.0k $98.2k $98.2k 0.00% Unchanged
12 Perkins Coie Trust Co 0.03% of their portfolio SEATTLE, WA 100,000100.0k $98.3k $98.3k 0.03% Unchanged
13 Fort Sheridan Advisors LLC 0.02% of their portfolio HIGHLAND PARK, IL 100,000100.0k $98.4k $98.4k 0.02% Unchanged
14 Monterey Private Wealth, Inc. 0.05% of their portfolio MONTEREY, CA 100,000100.0k $98.2k $98.2k 0.05% Unchanged
15 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 90,00090.0k $88.5k $88.5k 0.00% Unchanged
16 B. Riley Wealth Advisors, Inc. 0.00% of their portfolio MEMPHIS, TN 75,00075.0k $75.6k $75.6k 0.00% Unchanged
17 Executive Wealth Management, LLC 0.01% of their portfolio BRIGHTON, MI 70,00070.0k $68.8k $68.8k 0.01% Unchanged
18 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 68,00068.0k $66.9k $66.9k 0.00% Unchanged
19 NAPLES GLOBAL ADVISORS, LLC 0.01% of their portfolio NAPLES, FL 50,00050.0k $50.3k $50.3k 0.01% Unchanged
20 WEDBUSH SECURITIES INC 0.18% of their portfolio PASADENA, CA 37,00037.0k $3.6m $3.6m 0.18% Added +20.0k +20,000
21 DIMENSION CAPITAL MANAGEMENT LLC 0.01% of their portfolio Coral Gables, FL 30,00030.0k $29.5k $29.5k 0.01% Unchanged
22 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 30,00030.0k $29.5k $29.5k 0.00% New
23 Day & Ennis, LLC 0.01% of their portfolio MACON, GA 20,00020.0k $19.7k $19.7k 0.01% New
24 Private Wealth Advisors, LLC 0.01% of their portfolio Fresno, CA 20,00020.0k $19.7k $19.7k 0.01% Unchanged
25 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 20,00020.0k $19.7k $19.7k 0.01% Unchanged
26 Cape Investment Advisory, Inc. 0.01% of their portfolio MCDONOUGH, GA 20,00020.0k $19.7k $19.7k 0.01% First filing
27 Advisor Resource Council 0.00% of their portfolio DALLAS, TX 10,00010.0k $9.8k $9.8k 0.00% New
28 AFG FIDUCIARY SERVICES LIMITED PARTNERSHIP 0.01% of their portfolio HINGHAM, MA 10,00010.0k $9.8k $9.8k 0.01% Unchanged
29 Verition Fund Management LLC 0.11% of their portfolio GREENWICH, CT 6,6506.7k $6.6m $6.6m 0.11% Reduced -6.6m -6,643,350
30 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 5050 $49.2k $49.2k 0.00% Reduced -10 -10
31 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged