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
+1.29%
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
$4.27B
AUM Growth
-$332M
Cap. Flow
-$3.49B
Cap. Flow %
-81.77%
Top 10 Hldgs %
30.33%
Holding
212
New
17
Increased
8
Reduced
14
Closed
39

Top Buys

Rank Stock Value
1
BSX.PRA
Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A
BSX.PRA
+$19.3M
2
NEE.PRP
NextEra Energy, Inc. 5.279% Corporate Units
NEE.PRP
+$14.5M
3
ELAT
Elanco Animal Health Incorporated 5.00% Tangible Equity Units
ELAT
+$8.54M
4
WMT icon
Walmart Inc
WMT
+$4.32M
5
MDT icon
Medtronic
MDT
+$3.84M

Top Sells

Rank Stock Value
1
AVGOP
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
+$63M
2
DHR.PRA
Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A
DHR.PRA
+$29.3M
3
FTV.PRA
Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A
FTV.PRA
+$17.4M
4
GFLU
GFL Environmental Inc. Tangible Equity Units
GFLU
+$10.7M
5
NEE.PRO
NextEra Energy, Inc. 4.872% Corporate Units
NEE.PRO
+$9.87M

Sector Composition

Rank Sector Weight
1 Utilities 0.84%
2 Healthcare 0.37%
3 Consumer Staples 0.16%
4 Industrials 0.13%
5 Communication Services 0.08%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WBD icon
76
Warner Bros
WBD
$67.1B
– –
-13,500
Closed -$262K
WDC icon
77
CALL
Western Digital
WDC
$150B
– –
-265
Closed -$23K
SPLK
78
DELISTED
Splunk Inc
SPLK
– –
-140
Closed -$18K
SCPL
79
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
– –
-5,000
Closed -$48K
GFLU
80
DELISTED
GFL Environmental Inc. Tangible Equity Units
GFLU
– –
-250,600
Closed -$10.7M
AVGOP
81
DELISTED
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
– –
-66,437
Closed -$63M
AVTR.PRA
82
DELISTED
Avantor, Inc. Series A Mandatory Convertible Preferred Stock
AVTR.PRA
– –
-191,627
Closed -$8.66M
DHR.PRA
83
DELISTED
Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A
DHR.PRA
– –
-28,016
Closed -$29.3M
FTV.PRA
84
DELISTED
Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A
FTV.PRA
– –
-23,836
Closed -$17.4M
SWP
85
DELISTED
Stanley Black & Decker, Inc. Corporate Units
SWP
– –
-131,970
Closed -$9.66M
BDXA
86
DELISTED
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
– –
-89,118
Closed -$4.89M
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 Q2 2020 Portfolio in Review

As of Q2 2020, Advent Capital Management held 212 positions worth $4.27B, down 7.2% from $4.6B the previous quarter. Its ten largest holdings account for 30% of the portfolio.

Advent Capital Management withdrew a net $3.49B in Q2 2020, closing 39 positions and reducing 14 holdings. Its most notable exit was Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A, an estimated $63M position sold in full.

By sector, the portfolio is most concentrated in Utilities at 0.84% of assets, down from 0.93% a quarter earlier, followed by Healthcare and Consumer Staples.

Against the trend, Advent Capital Management opened a new position in Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A worth $18.9M.

  • Advent Capital Management's largest Q2 2020 buy was Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A: 180,200 shares worth $18.9M.
  • Advent Capital Management added most to NextEra Energy, Inc. 5.279% Corporate Units in Q2 2020, an estimated $14.5M increase.
  • Advent Capital Management's biggest Q2 2020 reduction was NextEra Energy, Inc. 4.872% Corporate Units, cutting an estimated $9.87M.
  • Advent Capital Management fully exited Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A in Q2 2020, selling an estimated $63M.
  • Advent Capital Management's ten largest holdings make up 30% of its $4.27B portfolio in Q2 2020.
  • Advent Capital Management opened 17 new positions and closed 39 in Q2 2020.
  • Advent Capital Management's portfolio value fell 7.2% quarter-over-quarter to $4.27B.

Based on Advent Capital Management's 13F filing for Q2 2020, filed 14 Aug 2020.