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
+0.87%
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
$4.53B
AUM Growth
+$400M
Cap. Flow
-$3.29B
Cap. Flow %
-72.53%
Top 10 Hldgs %
20.67%
Holding
269
New
39
Increased
19
Reduced
20
Closed
56

Top Buys

Rank Stock Value
1
DHR.PRA
Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A
DHR.PRA
+$48.8M
2
AEPPL
American Electric Power Company, Inc. Corporate Unit
AEPPL
+$35.2M
3
ENR.PRA
Energizer Holdings, Inc. 7.50% Series A Mandatory Convertible Preferred Stock
ENR.PRA
+$20.8M
4
BA icon
Boeing
BA
+$19.8M
5
AIZP
Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value
AIZP
+$19.6M

Top Sells

Rank Stock Value
1
BDXA
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
+$48.7M
2
DCUD
Dominion Energy, Inc 2016 Series A Corporate Units
DCUD
+$15.3M
3
WMT icon
Walmart Inc
WMT
+$9.21M
4
CCI.PRA
Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
+$8.65M
5
SWP
Stanley Black & Decker, Inc. Corporate Units
SWP
+$5.8M

Sector Composition

Rank Sector Weight
1 Industrials 0.29%
2 Consumer Discretionary 0.27%
3 Healthcare 0.22%
4 Financials 0.21%
5 Communication Services 0.14%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SWN
126
CALL
DELISTED
Southwestern Energy Company
SWN
– –
-1,790
Closed -$2K
TWTR
127
PUT
DELISTED
Twitter, Inc.
TWTR
– –
-100
Closed -$4K
MNDT
128
PUT
DELISTED
Mandiant, Inc. Common Stock
MNDT
– –
-390
Closed -$10K
SRE.PRA
129
DELISTED
Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A
SRE.PRA
– –
-5,450
Closed -$526K
CHK
130
PUT
DELISTED
Chesapeake Energy Corporation
CHK
– –
-3
Closed -$1K
BDXA
131
DELISTED
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
– –
-841,550
Closed -$48.7M
RDC
132
CALL
DELISTED
Rowan Companies Plc
RDC
– –
-250
Closed -$10K
HES.PRA
133
DELISTED
Hess Corporation
HES.PRA
– –
-100,544
Closed -$5.02M
ESV
134
CALL
DELISTED
Ensco Rowan plc
ESV
– –
-98
Closed -$2K
2 3 4 5
6

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 Q1 2019 Portfolio in Review

As of Q1 2019, Advent Capital Management held 269 positions worth $4.53B, up 9.7% from $4.13B the previous quarter. Its ten largest holdings account for 21% of the portfolio.

Advent Capital Management withdrew a net $3.29B in Q1 2019, closing 56 positions and reducing 20 holdings. Its most notable exit was Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6, an estimated $48.7M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 0.29% of assets, down from 0.48% a quarter earlier, followed by Consumer Discretionary and Healthcare.

Against the trend, Advent Capital Management opened a new position in Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A worth $49.6M.

  • Advent Capital Management's largest Q1 2019 buy was Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A: 47,269 shares worth $49.6M.
  • Advent Capital Management added most to Boeing in Q1 2019, an estimated $19.8M increase.
  • Advent Capital Management's biggest Q1 2019 reduction was Dominion Energy, Inc 2016 Series A Corporate Units, cutting an estimated $15.3M.
  • Advent Capital Management fully exited Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6 in Q1 2019, selling an estimated $48.7M.
  • Advent Capital Management's ten largest holdings make up 21% of its $4.53B portfolio in Q1 2019.
  • Advent Capital Management opened 39 new positions and closed 56 in Q1 2019.
  • Advent Capital Management's portfolio value rose 9.7% quarter-over-quarter to $4.53B.

Based on Advent Capital Management's 13F filing for Q1 2019, filed 15 May 2019.