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
-0.5%
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
$5.52B
AUM Growth
-$137M
Cap. Flow
-$4.55B
Cap. Flow %
-82.49%
Top 10 Hldgs %
21.68%
Holding
269
New
27
Increased
9
Reduced
14
Closed
36

Top Buys

Rank Stock Value
1
WFC.PRL icon
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
+$39.1M
2
BAC.PRL icon
Bank of America Series L
BAC.PRL
+$8.35M
3
KKR.PRC
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
+$5.35M
4
NIMC
NiSource Inc. Series A Corporate Units
NIMC
+$4.8M
5
ENPH icon
Enphase Energy
ENPH
+$2.58M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$53.6M
2
AVGOP
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
+$29.7M
3
SWT
Stanley Black & Decker, Inc.
SWT
+$24.4M
4
NEE.PRP
NextEra Energy, Inc. 5.279% Corporate Units
NEE.PRP
+$22.2M
5
RBCP
RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock
RBCP
+$19.8M

Sector Composition

Rank Sector Weight
1 Energy 0.12%
2 Technology 0.11%
3 Healthcare 0.01%
4 Communication Services 0.01%
5 Financials 0.01%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
LMACW
101
DELISTED
Liberty Media Acquisition Corporation Warrants
LMACW
– –
-7,866
Closed -$4K
TSIBU
102
DELISTED
Tishman Speyer Innovation Corp. II Unit
TSIBU
– –
-18,000
Closed -$176K
ASZ.U
103
DELISTED
Austerlitz Acquisition Corporation II Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant
ASZ.U
– –
-45,300
Closed -$443K
AVGOP
104
DELISTED
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
– –
-19,527
Closed -$29.7M
SOLN
105
DELISTED
The Southern Company
SOLN
– –
-366,613
Closed -$19.5M
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 Q3 2022 Portfolio in Review

As of Q3 2022, Advent Capital Management held 269 positions worth $5.52B, down 2.4% from $5.65B the previous quarter. Its ten largest holdings account for 22% of the portfolio.

Advent Capital Management withdrew a net $4.55B in Q3 2022, closing 36 positions and reducing 14 holdings. Its most notable exit was State Street SPDR S&P 500 ETF Trust, an estimated $53.6M position sold in full.

By sector, the portfolio is most concentrated in Energy at 0.12% of assets, down from 0.15% a quarter earlier, followed by Technology and Healthcare.

Against the trend, Advent Capital Management opened a new position in IBM worth $1.78M.

  • Advent Capital Management's largest Q3 2022 buy was IBM: 15,000 shares worth $1.78M.
  • Advent Capital Management added most to Wells Fargo 7.5% Non Cumv Perp Conv in Q3 2022, an estimated $39.1M increase.
  • Advent Capital Management's biggest Q3 2022 reduction was Stanley Black & Decker, Inc., cutting an estimated $24.4M.
  • Advent Capital Management fully exited State Street SPDR S&P 500 ETF Trust in Q3 2022, selling an estimated $53.6M.
  • Advent Capital Management's ten largest holdings make up 22% of its $5.52B portfolio in Q3 2022.
  • Advent Capital Management opened 27 new positions and closed 36 in Q3 2022.
  • Advent Capital Management's portfolio value fell 2.4% quarter-over-quarter to $5.52B.

Based on Advent Capital Management's 13F filing for Q3 2022, filed 14 Nov 2022.