Vault-13

TILRAY BRANDS INC TLRY 5 10.01.23

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

35 institutional holders +4 vs Q1 2023
587,153587.2k shares reported held*
$85.9mreported value*
7 new 2 added 4 reduced 3 sold out net sold ≈ $23.2m (+157.2k 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 ($6.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $157.87.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 27Q4 22: 31Q1 23: 31Q2 23: 3535Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202227
Q4 202231
Q1 202331
Q2 202335

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 23Q2 23: 9 bought or addedQ2 23: 7 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022124
Q1 202388
Q2 202397

Biggest buyers

Regal Investment Advisors LLC New +140,000+140.0k
MORGAN STANLEY Added +118,000+118.0k
ROYAL BANK OF CANADA New +100,000+100.0k
Dakota Wealth Management New +50,000+50.0k
Atria Wealth Solutions, Inc. New +25,000+25.0k
Sabal Trust CO New +20,000+20.0k
Activest Wealth Management New +10,153+10.2k
Bison Wealth, LLC New +10,000+10.0k
Verition Fund Management LLC Added +225+225

Biggest sellers

Hudson Bay Capital Management LP Reduced -12,500,000-12.5m
ARISTEIA CAPITAL, L.L.C. Reduced -9,772,000-9.8m
DeepCurrents Investment Group LLC Reduced -1,410,000-1.4m
Regal Investment Advisors LLC Sold out -140,000-140.0k
Cetera Investment Advisers Sold out -68,000-68.0k
Raymond James Financial Services Advisors, Inc. Reduced -20,000-20.0k
Advisor Resource Council Sold out -10,000-10.0k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ARISTEIA CAPITAL, L.L.C. 0.85% of their portfolio GREENWICH, CT 24,409,00024.4m $24.3m $24.3m 0.85% Reduced -9.8m -9,772,000
2 DeepCurrents Investment Group LLC 0.91% of their portfolio NEW YORK, NY 21,199,00021.2m $21.1m $21.1m 0.91% Reduced -1.4m -1,410,000
3 Hudson Bay Capital Management LP 0.12% of their portfolio STAMFORD, CT 12,500,00012.5m $12.4m $12.4m 0.12% Reduced -12.5m -12,500,000
4 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 12,250,00012.2m $12.1m $12.1m 0.00% Unchanged
5 PIPER SANDLER & CO. 5.22% of their portfolio MINNEAPOLIS, MN 4,962,0005.0m $4.9m $4.9m 5.22% Unchanged
6 WESTWOOD HOLDINGS GROUP INC 0.03% of their portfolio DALLAS, TX 2,900,0002.9m $2.9m $2.9m 0.03% Unchanged
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,009,0002.0m $2.0m $2.0m 0.00% Added +118.0k +118,000
8 L & S Advisors Inc 0.12% of their portfolio Los Angeles, CA 940,000940.0k $929.4k $929.4k 0.12% Unchanged
9 Terrapin Asset Management, LLC 0.62% of their portfolio Miami, FL 450,000450.0k $446.0k $446.0k 0.62% Unchanged
10 Regal Investment Advisors LLC 0.01% of their portfolio KENTWOOD, MI 140,000140.0k $139.6k $139.6k 0.01% New
11 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 100,000100.0k $99.0k $99.0k 0.00% New
12 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 100,000100.0k $98.9k $98.9k 0.00% Unchanged
13 Perkins Coie Trust Co 0.03% of their portfolio SEATTLE, WA 100,000100.0k $98.5k $98.5k 0.03% Unchanged
14 Fort Sheridan Advisors LLC 0.02% of their portfolio HIGHLAND PARK, IL 100,000100.0k $98.5k $98.5k 0.02% Unchanged
15 Monterey Private Wealth, Inc. 0.05% of their portfolio MONTEREY, CA 100,000100.0k $98.9k $98.9k 0.05% Unchanged
16 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 90,00090.0k $88.6k $88.6k 0.00% Unchanged
17 B. Riley Wealth Advisors, Inc. 0.00% of their portfolio MEMPHIS, TN 75,00075.0k $74.8k $74.8k 0.00% Unchanged
18 Executive Wealth Management, LLC 0.01% of their portfolio BRIGHTON, MI 70,00070.0k $68.9k $68.9k 0.01% Unchanged
19 NAPLES GLOBAL ADVISORS, LLC 0.01% of their portfolio NAPLES, FL 50,00050.0k $50.1k $50.1k 0.01% Unchanged
20 Dakota Wealth Management 0.00% of their portfolio PALM BEACH GARDENS, FL 50,00050.0k $49.9k $49.9k 0.00% New
21 WEDBUSH SECURITIES INC 0.17% of their portfolio PASADENA, CA 37,00037.0k $3.6m $3.6m 0.17% Unchanged
22 DIMENSION CAPITAL MANAGEMENT LLC 0.01% of their portfolio Coral Gables, FL 30,00030.0k $29.5k $29.5k 0.01% Unchanged
23 Atria Wealth Solutions, Inc. 0.00% of their portfolio NEW YORK, NY 25,00025.0k $24.9k $24.9k 0.00% New
24 Sabal Trust CO 0.00% of their portfolio ST. PETERSBURG, FL 20,00020.0k $19.7k $19.7k 0.00% New
25 Day & Ennis, LLC 0.01% of their portfolio MACON, GA 20,00020.0k $19.7k $19.7k 0.01% Unchanged
26 Private Wealth Advisors, LLC 0.01% of their portfolio Fresno, CA 20,00020.0k $19.7k $19.7k 0.01% Unchanged
27 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 20,00020.0k $19.7k $19.7k 0.01% Unchanged
28 Cape Investment Advisory, Inc. 0.01% of their portfolio MCDONOUGH, GA 20,00020.0k $19.7k $19.7k 0.01% Unchanged
29 Activest Wealth Management 0.02% of their portfolio AVENTURA, FL 10,15310.2k $33.5k $33.5k 0.02% New
30 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 10,00010.0k $9.8k $9.8k 0.00% Reduced -20.0k -20,000
31 Bison Wealth, LLC 0.00% of their portfolio Atlanta, GA 10,00010.0k $9.8k $9.8k 0.00% New
32 AFG FIDUCIARY SERVICES LIMITED PARTNERSHIP 0.01% of their portfolio HINGHAM, MA 10,00010.0k $9.9k $9.9k 0.01% Unchanged
33 Verition Fund Management LLC 0.11% of their portfolio GREENWICH, CT 6,8756.9k $6.8m $6.8m 0.11% Added +225 +225
34 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 5050 $49.2k $49.2k 0.00% Unchanged
35 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged