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
+0.44%
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
$5.16B
AUM Growth
-$176M
Cap. Flow
-$4.14B
Cap. Flow %
-80.11%
Top 10 Hldgs %
23.65%
Holding
237
New
43
Increased
9
Reduced
21
Closed
22

Top Buys

Rank Stock Value
1
AVGOP
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
+$77M
2
DTP
DTE Energy Company 2019 Corporate Units
DTP
+$46.2M
3
SWT
Stanley Black & Decker, Inc.
SWT
+$33.8M
4
BAC.PRL icon
Bank of America Series L
BAC.PRL
+$12.3M
5
NEE.PRO
NextEra Energy, Inc. 4.872% Corporate Units
NEE.PRO
+$5.73M

Top Sells

Rank Stock Value
1
SOLN
The Southern Company
SOLN
+$20.5M
2
DCUE
Dominion Energy, Inc. 2019 Series A Corporate Units
DCUE
+$17.5M
3
BDXA
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
+$11.5M
4
SWP
Stanley Black & Decker, Inc. Corporate Units
SWP
+$10M
5
AEPPL
American Electric Power Company, Inc. Corporate Unit
AEPPL
+$9.53M

Sector Composition

Rank Sector Weight
1 Utilities 1.05%
2 Consumer Discretionary 0.26%
3 Industrials 0.25%
4 Communication Services 0.24%
5 Technology 0.2%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CHNGU
26
DELISTED
Change Healthcare Inc. Tangible Equity Units
CHNGU
$5.38M 0.1%
89,640
-17,775
-17% -$913K
HES
27
DELISTED
Hess
HES
$4.68M 0.09%
+70,000
New +$4.58M
CCL icon
28
Carnival Corporation Ltd
CCL
$39.7B
$4.58M 0.09%
90,000
-40,000
-31% -$1.79M
UPS icon
29
United Parcel Service
UPS
$88.9B
$4.1M 0.08%
+35,000
New +$4.14M
T icon
30
AT&T
T
$163B
$3.91M 0.08%
+132,400
New +$3.82M
CVX icon
31
Chevron
CVX
$366B
$3.62M 0.07%
+30,000
New +$3.53M
AIZP
32
DELISTED
Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value
AIZP
$3.56M 0.07%
27,734
-2,750
-9% -$350K
LEA icon
33
Lear
LEA
$8.18B
$3.43M 0.07%
+25,000
New +$3.1M
C icon
34
Citigroup
C
$226B
$3.2M 0.06%
+40,000
New +$2.96M
HAS icon
35
Hasbro
HAS
$13.2B
$2.64M 0.05%
+25,000
New +$2.6M
AVK
36
Advent Convertible and Income Fund
AVK
$563M
$2.38M 0.05%
157,180
+17,508
+13% +$255K
ETN icon
37
Eaton
ETN
$174B
$2.37M 0.05%
25,000
+5,000
+25% +$444K
OXY icon
38
Occidental Petroleum
OXY
$55.9B
$1.38M 0.03%
+33,500
New +$1.34M
CMA
39
DELISTED
Comerica
CMA
$1.08M 0.02%
+15,000
New +$1.03M
MU icon
40
Micron Technology
MU
$991B
$1.08M 0.02%
+20,000
New +$955K
CLR
41
DELISTED
CONTINENTAL RESOURCES INC.
CLR
$1.03M 0.02%
+30,000
New +$931K
URI icon
42
United Rentals
URI
$72.4B
$834K 0.02%
+5,000
New +$726K
WPX
43
DELISTED
WPX Energy, Inc.
WPX
$687K 0.01%
+50,000
New +$534K
ULTA icon
44
Ulta Beauty
ULTA
$24.3B
$633K 0.01%
+2,500
New +$611K
I
45
DELISTED
INTELSAT S. A.
I
$562K 0.01%
+80,000
New +$1.26M
DAN icon
46
Dana Inc
DAN
$3.06B
$546K 0.01%
+30,000
New +$501K
MRVL icon
47
Marvell Technology
MRVL
$196B
$531K 0.01%
+20,000
New +$507K
MNDT
48
DELISTED
Mandiant, Inc. Common Stock
MNDT
$531K 0.01%
32,129
– –
CMG icon
49
Chipotle Mexican Grill
CMG
$41.5B
$502K 0.01%
+30,000
New +$481K
ADBE icon
50
Adobe
ADBE
$105B
$495K 0.01%
+1,500
New +$441K
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 Q4 2019 Portfolio in Review

As of Q4 2019, Advent Capital Management held 237 positions worth $5.16B, down 3.3% from $5.34B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Advent Capital Management withdrew a net $4.14B in Q4 2019, closing 22 positions and reducing 21 holdings. Its most notable exit was Las Vegas Sands, an estimated $5.78M position sold in full.

By sector, the portfolio is most concentrated in Utilities at 1% of assets, down from 1.4% a quarter earlier, followed by Consumer Discretionary and Industrials.

Against the trend, Advent Capital Management opened a new position in Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A worth $80.1M.

  • Advent Capital Management's largest Q4 2019 buy was Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A: 68,475 shares worth $80.1M.
  • Advent Capital Management added most to Bank of America Series L in Q4 2019, an estimated $12.3M increase.
  • Advent Capital Management's biggest Q4 2019 reduction was The Southern Company, cutting an estimated $20.5M.
  • Advent Capital Management fully exited Las Vegas Sands in Q4 2019, selling an estimated $5.78M.
  • Advent Capital Management's ten largest holdings make up 24% of its $5.16B portfolio in Q4 2019.
  • Advent Capital Management opened 43 new positions and closed 22 in Q4 2019.
  • Advent Capital Management's portfolio value fell 3.3% quarter-over-quarter to $5.16B.

Based on Advent Capital Management's 13F filing for Q4 2019, filed 14 Feb 2020.