We are live on ! Find out more
ACM

Advent Capital Management Portfolio holdings

AUM $3.63B
1-Year Est. Return 0.29%
This Fund
S&P 500
This Quarter Est. Return
-0.03%
1 Year Est. Return
-0.29%
3 Year Est. Return
+1.05%
5 Year Est. Return
-0.73%
10 Year Est. Return
+3.33%
AUM
$4.75B
AUM Growth
-$340M
Cap. Flow
-$4.35B
Cap. Flow %
-91.62%
Top 10 Hldgs %
16.84%
Holding
332
New
60
Increased
16
Reduced
21
Closed
56

Top Buys

Rank Stock Value
1
NBR.PRA
Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A
NBR.PRA
+$25.8M
2
BDXA
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
+$21.3M
3
SJIU
South Jersey Industries, Inc.
SJIU
+$10.7M
4
WFC.PRL icon
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
+$7.89M
5
BAC.PRL icon
Bank of America Series L
BAC.PRL
+$6.9M

Top Sells

Rank Stock Value
1
AIZP
Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value
AIZP
+$26.9M
2
ANTX
Anthem, Inc.
ANTX
+$25.3M
3
BG icon
Bunge Global
BG
+$7.3M
4
WPXP
WPX Energy, Inc.
WPXP
+$7.1M
5
UPS icon
United Parcel Service
UPS
+$6.96M

Sector Composition

Rank Sector Weight
1 Industrials 0.39%
2 Healthcare 0.35%
3 Financials 0.34%
4 Consumer Discretionary 0.33%
5 Communication Services 0.28%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
LOW icon
26
Lowe's Companies
LOW
$125B
$4.3M 0.09%
45,000
-36,000
-44% -$3.26M
T icon
27
AT&T
T
$163B
$4.01M 0.08%
+165,500
New +$4.15M
TPGE.U
28
DELISTED
TPG Pace Energy Holdings Corp.
TPGE.U
$3.52M 0.07%
300,000
– –
GS icon
29
Goldman Sachs
GS
$303B
$3.2M 0.07%
14,500
-8,500
-37% -$2.03M
GM icon
30
General Motors
GM
$76.8B
$2.96M 0.06%
75,000
-95,000
-56% -$3.74M
MTB icon
31
M&T Bank
MTB
$36.2B
$2.17M 0.05%
12,750
-6,000
-32% -$1.08M
ELV icon
32
Elevance Health
ELV
$85.5B
$1.98M 0.04%
+8,300
New +$1.92M
SYF icon
33
Synchrony
SYF
$25.6B
$1.96M 0.04%
58,810
-45,000
-43% -$1.55M
DTV
34
DELISTED
DTE Energy Company 2016 Corporate Units
DTV
$1.86M 0.04%
+36,150
New +$1.86M
DISH
35
DELISTED
DISH Network Corp.
DISH
$1.85M 0.04%
+55,000
New +$1.88M
GLD icon
36
SPDR Gold Trust
GLD
$141B
$1.78M 0.04%
15,000
– –
RF icon
37
Regions Financial
RF
$26.8B
$1.51M 0.03%
+85,000
New +$1.59M
WDAY icon
38
Workday
WDAY
$44.4B
$1.48M 0.03%
+12,200
New +$1.56M
CZR
39
DELISTED
Caesars Entertainment Corporation
CZR
$1.09M 0.02%
101,831
+60,000
+143% +$701K
CHTR icon
40
Charter Communications
CHTR
$18.2B
$920K 0.02%
+3,137
New +$901K
CRC
41
DELISTED
California Resources Corporation
CRC
$909K 0.02%
+20,000
New +$633K
PARA
42
DELISTED
Paramount Global Class B
PARA
$844K 0.02%
+15,020
New +$784K
SC
43
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
$687K 0.01%
36,000
+18,000
+100% +$328K
OMF icon
44
OneMain Financial
OMF
$7.47B
$666K 0.01%
+20,000
New +$647K
NAV
45
DELISTED
Navistar International
NAV
$611K 0.01%
15,000
– –
FMBI
46
DELISTED
First Midwest Bancorp Inc/IL
FMBI
$586K 0.01%
+23,000
New +$588K
KBH icon
47
KB Home
KBH
$3.59B
$545K 0.01%
+20,000
New +$538K
CIEN icon
48
Ciena
CIEN
$58.4B
$530K 0.01%
20,000
-30,000
-60% -$762K
KMI icon
49
Kinder Morgan
KMI
$68.7B
$530K 0.01%
+30,000
New +$491K
DIS icon
50
Walt Disney
DIS
$181B
$524K 0.01%
+5,000
New +$511K
1
2
3 4 5

Similar funds

GCM
Ghisallo Capital Management Boston, Massachusetts $3.63B AUM 30.51% 1-Year Est. Return
VI
Vestcor Inc Fredericton, New Brunswick, Canada $3.63B AUM 21.49% 1-Year Est. Return
SCM
Saba Capital Management New York $3.62B AUM 12.96% 1-Year Est. Return
SL
Siren LLC Greenwich, Connecticut $3.61B AUM 203.3% 1-Year Est. Return
OCM
One Capital Management Westlake Village, California $3.65B AUM 15.32% 1-Year Est. Return
AA
Advisory Alpha Holland, Michigan $3.66B AUM 14.99% 1-Year Est. Return
GCM
Gates Capital Management New York $3.66B AUM 12.63% 1-Year Est. Return
MTIM
Marathon Trading Investment Management Radnor, Pennsylvania $3.67B AUM 21.97% 1-Year Est. Return

Advent Capital Management's Q2 2018 Portfolio in Review

As of Q2 2018, Advent Capital Management held 332 positions worth $4.75B, down 6.7% from $5.09B the previous quarter. Its ten largest holdings account for 17% of the portfolio.

Advent Capital Management withdrew a net $4.35B in Q2 2018, closing 56 positions and reducing 21 holdings. Its most notable exit was Anthem, Inc., an estimated $25.3M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 0.39% of assets, down from 0.76% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Advent Capital Management opened a new position in Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A worth $24M.

  • Advent Capital Management's largest Q2 2018 buy was Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A: 525,252 shares worth $24M.
  • Advent Capital Management added most to Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6 in Q2 2018, an estimated $21.3M increase.
  • Advent Capital Management's biggest Q2 2018 reduction was Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value, cutting an estimated $26.9M.
  • Advent Capital Management fully exited Anthem, Inc. in Q2 2018, selling an estimated $25.3M.
  • Advent Capital Management's ten largest holdings make up 17% of its $4.75B portfolio in Q2 2018.
  • Advent Capital Management opened 60 new positions and closed 56 in Q2 2018.
  • Advent Capital Management's portfolio value fell 6.7% quarter-over-quarter to $4.75B.

Based on Advent Capital Management's 13F filing for Q2 2018, filed 14 Aug 2018.