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
+0.82%
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
$5.34B
AUM Growth
+$170M
Cap. Flow
-$4.19B
Cap. Flow %
-78.45%
Top 10 Hldgs %
21.87%
Holding
244
New
28
Increased
13
Reduced
12
Closed
31

Top Buys

Rank Stock Value
1
SOLN
The Southern Company
SOLN
+$72.9M
2
NEE.PRO
NextEra Energy, Inc. 4.872% Corporate Units
NEE.PRO
+$45.7M
3
BAC.PRL icon
Bank of America Series L
BAC.PRL
+$16.8M
4
DAL icon
Delta Air Lines
DAL
+$5.92M
5
LVS icon
Las Vegas Sands
LVS
+$5.83M

Top Sells

Rank Stock Value
1
NEE.PRR
NextEra Energy, Inc.
NEE.PRR
+$54.6M
2
AIZP
Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value
AIZP
+$33.7M
3
BDXA
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
+$14.5M
4
DTV
DTE Energy Company 2016 Corporate Units
DTV
+$14.2M
5
CHNGU
Change Healthcare Inc. Tangible Equity Units
CHNGU
+$9.9M

Sector Composition

Rank Sector Weight
1 Utilities 1.4%
2 Consumer Discretionary 0.32%
3 Industrials 0.28%
4 Communication Services 0.12%
5 Technology 0.1%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
JOYY
51
PUT
JOYY Inc
JOYY
$3.75B
$22K ﹤0.01%
+200
New +$12.1K
Z icon
52
PUT
Zillow
Z
$7.56B
$20K ﹤0.01%
+1,000
New +$39.9K
M icon
53
CALL
Macy's
M
$6.68B
$11K ﹤0.01%
+775
New +$14.4K
DTV
54
DELISTED
DTE Energy Company 2016 Corporate Units
DTV
$11K ﹤0.01%
187
-250,782
-100% -$14.2M
BILI icon
55
PUT
Bilibili
BILI
$7.84B
$10K ﹤0.01%
+1,000
New +$15K
SNAP icon
56
PUT
Snap
SNAP
$9.01B
$9K ﹤0.01%
+360
New +$5.76K
SRPT icon
57
CALL
Sarepta Therapeutics
SRPT
$1.77B
$9K ﹤0.01%
+263
New +$31.1K
MU icon
58
CALL
Micron Technology
MU
$991B
$4K ﹤0.01%
+600
New +$27.1K
CHNG
59
CALL
DELISTED
Change Healthcare Inc. Common Stock
CHNG
$2K ﹤0.01%
+72
New +$989
EXAS
60
CALL
DELISTED
Exact Sciences
EXAS
$1K ﹤0.01%
+50
New +$5.7K
AMKR icon
61
CALL
Amkor Technology
AMKR
$13.7B
– –
-400
Closed -$64K
CHWY icon
62
Chewy
CHWY
$9.63B
– –
-6,250
Closed -$219K
CIEN icon
63
Ciena
CIEN
$58.4B
– –
-20,000
Closed -$823K
VISN
64
Vistance Networks Inc
VISN
$2.52B
– –
-30,000
Closed -$472K
ELV icon
65
Elevance Health
ELV
$85.5B
– –
-5,000
Closed -$1.41M
FCX icon
66
CALL
Freeport-McMoran
FCX
$97.5B
– –
-390
Closed -$2K
GSK icon
67
GSK
GSK
$106B
– –
-80,000
Closed -$4M
GTN icon
68
Gray Television
GTN
$552M
– –
-20,000
Closed -$328K
GTN icon
69
PUT
Gray Television
GTN
$552M
– –
-200
Closed -$4K
HUM icon
70
Humana
HUM
$46.2B
– –
-20,000
Closed -$5.31M
ILCV icon
71
PUT
iShares Morningstar Value ETF
ILCV
$1.35B
– –
-800
Closed -$2K
IQ icon
72
CALL
iQIYI
IQ
$1.28B
– –
-650
Closed -$25K
LAZ icon
73
Lazard
LAZ
$4.31B
– –
-106,750
Closed -$3.67M
M icon
74
Macy's
M
$6.68B
– –
-100,000
Closed -$1.85M
MCHP icon
75
Microchip Technology
MCHP
$46B
– –
-60,000
Closed -$2.6M
1 2
3
4

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 Q3 2019 Portfolio in Review

As of Q3 2019, Advent Capital Management held 244 positions worth $5.34B, up 3.3% from $5.17B the previous quarter. Its ten largest holdings account for 22% of the portfolio.

Advent Capital Management withdrew a net $4.19B in Q3 2019, closing 31 positions and reducing 12 holdings. Its most notable exit was NextEra Energy, Inc., an estimated $54.6M position sold in full.

By sector, the portfolio is most concentrated in Utilities at 1.4% of assets, followed by Consumer Discretionary and Industrials.

Against the trend, Advent Capital Management opened a new position in The Southern Company worth $74.4M.

  • Advent Capital Management's largest Q3 2019 buy was The Southern Company: 1,389,715 shares worth $74.4M.
  • Advent Capital Management added most to Bank of America Series L in Q3 2019, an estimated $16.8M increase.
  • Advent Capital Management's biggest Q3 2019 reduction was Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value, cutting an estimated $33.7M.
  • Advent Capital Management fully exited NextEra Energy, Inc. in Q3 2019, selling an estimated $54.6M.
  • Advent Capital Management's ten largest holdings make up 22% of its $5.34B portfolio in Q3 2019.
  • Advent Capital Management opened 28 new positions and closed 31 in Q3 2019.
  • Advent Capital Management's portfolio value rose 3.3% quarter-over-quarter to $5.34B.

Based on Advent Capital Management's 13F filing for Q3 2019, filed 14 Nov 2019.