ACM

Advent Capital Management Portfolio holdings

AUM $4.37B

This Quarter Return

-0.64%

1 Year Return

+0.45%

3 Year Return

-0.62%

5 Year Return

+3.56%

10 Year Return

+3.38%

AUM

$4.37B

AUM Growth

+$51.6M (+1%)

Cap. Flow

+$106M

Cap. Flow % of AUM

2.43%

Top 10 Holdings %Top 10 Hldgs %

29.52%

Holding

257

New

Increased

Reduced

Closed

Top Buys

1	KKR.PRD KKR & Co. Inc. 6.25% Series D Mandatory Convertible Preferred Stock KKR.PRD	$55.4M
2	MCHPP Microchip Technology Incorporated Depositary Shares Each Representing a 1/20th Interest in a Share of 7.50% Series A Mandatory Convertible Preferred Stock MCHPP	$32.1M
3	NEE.PRS NextEra Energy, Inc. 7.299% Corporate Units NEE.PRS	$9.25M
4	WELLS FARGO 7.5% NON CUMV PERP CONV WFC.PRL	$7.02M
5	Chart Industries, Inc. Depositary Shares, each Representing a 1/20th Interest in a Share of 6.75% Series B Mandatory Convertible Preferred Stock GTLS.PRB	$6.11M

Top Sells

1	BA.PRA The Boeing Company Depositary Shares, each representing a 1/20th interest in a share of 6.00% Series A Mandatory Convertible Preferred Stock, par value $1.00 BA.PRA	$9.24M
2	HPE.PRC Hewlett Packard Enterprise Company 7.625% Series C Mandatory Convertible Preferred Stock HPE.PRC	$5.04M
3	United Parcel Service UPS	$4.16M
4	Expedia Group EXPE	$3.73M
5	X US Steel X	$3.4M

Sector Composition

1	Technology	0.85%
2	Healthcare	0.34%
3	Industrials	0.27%
4	Energy	0.15%
5	Consumer Discretionary	0.11%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 WELLS FARGO 7.5% NON CUMV PERP CONV WFC.PRL $4.66B	$215M	4.72%	179,720 +5,854	+3%	+$7.02M
2	2 Bank of America Series L BAC.PRL $3.73B	$215M	4.71%	173,455 -1,031	-0.6%	-$1.28M
3	3 Apollo Global Management Series A APO.PRA $2.26B	$80.4M	1.76%	1,104,271 +40,918	+4%	+$2.98M
4	4 NextEra Energy, Inc. 6.926% Corporate Units NEE.PRR $1.72B	$72.2M	1.58%	1,777,321 +82,506	+5%	+$3.35M
5	BA.PRA 5 The Boeing Company Depositary Shares, each representing a 1/20th interest in a share of 6.00% Series A Mandatory Convertible Preferred Stock, par value $1.00 BA.PRA $8.44B	$60.7M	1.33%	1,026,537 -156,296	-13%	-$9.24M
6	KKR.PRD 6 KKR & Co. Inc. 6.25% Series D Mandatory Convertible Preferred Stock KKR.PRD $2.89B	$55.4M	1.22%	+1,136,551	New	+$55.4M
7	NEE.PRS 7 NextEra Energy, Inc. 7.299% Corporate Units NEE.PRS $2B	$42.7M	0.94%	890,515 +192,957	+28%	+$9.25M
8	ARES.PRB 8 Ares Management Corporation 6.75% Series B Mandatory Convertible Preferred Stock ARES.PRB $1.68B	$42.2M	0.93%	881,034 +105,251	+14%	+$5.04M
9	MCHPP 9 Microchip Technology Incorporated Depositary Shares Each Representing a 1/20th Interest in a Share of 7.50% Series A Mandatory Convertible Preferred Stock MCHPP	$32.1M	0.7%	+640,000	New	+$32.1M
10	PCG.PRX 10 PG&E Corporation 6.000% Series A Mandatory Convertible Preferred Stock PCG.PRX $1.19B	$18.8M	0.41%	429,682 -63,622	-13%	-$2.78M
11	HPE.PRC 11 Hewlett Packard Enterprise Company 7.625% Series C Mandatory Convertible Preferred Stock HPE.PRC $1.78B	$17.6M	0.39%	369,799 -105,752	-22%	-$5.04M
12	12 Chart Industries, Inc. Depositary Shares, each Representing a 1/20th Interest in a Share of 6.75% Series B Mandatory Convertible Preferred Stock GTLS.PRB $495M	$9.79M	0.21%	177,618 +110,814	+166%	+$6.11M
13	13 Albemarle Corp Depositary Shares ALB.PRA $1.66B	$8.84M	0.19%	247,871 -21,345	-8%	-$761K
14	14 BrightSpring Health Services, Inc. Tangible Equity Unit BTSGU	$6.5M	0.14%	99,321 +16,604	+20%	+$1.09M
15	15 Broadcom AVGO $1.3T	$5.02M	0.11%	+30,000	New	+$5.02M
16	16 Lowe's Companies LOW $126B	$4.2M	0.09%	18,000 +3,000	+20%	+$700K
17	17 Diamondback Energy FANG $40.3B	$4M	0.09%	25,000 +6,000	+32%	+$959K
18	18 Northrop Grumman NOC $73.1B	$3.58M	0.08%	+7,000	New	+$3.58M
19	19 DexCom DXCM $32.5B	$3.41M	0.07%	+50,000	New	+$3.41M
20	20 Zoetis ZTS $69.9B	$3.29M	0.07%	20,000 +5,000	+33%	+$823K
21	21 Netflix NFLX $537B	$3.26M	0.07%	+3,500	New	+$3.26M
22	22 GE Aerospace GE $280B	$3.2M	0.07%	16,000	–	–
23	STRK 23 MicroStrategy Incorporated 8.00% Series A Perpetual Strike Preferred Stock STRK $865M	$3M	0.07%	+35,818	New	+$3M
24	24 Organon & Co OGN $2.53B	$2.98M	0.07%	200,000	–	–
25	25 Eli Lilly LLY $718B	$2.89M	0.06%	+3,500	New	+$2.89M