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
+0.45%
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
$5.22B
AUM Growth
-$59.7M
Cap. Flow
-$4.38B
Cap. Flow %
-83.92%
Top 10 Hldgs %
20.19%
Holding
340
New
53
Increased
23
Reduced
13
Closed
82

Top Buys

Rank Stock Value
1
CMI icon
Cummins
CMI
+$8.55M
2
ANTX
Anthem, Inc.
ANTX
+$6.23M
3
SWP
Stanley Black & Decker, Inc. Corporate Units
SWP
+$5.47M
4
TREE icon
LendingTree
TREE
+$4.87M
5
TGT icon
Target
TGT
+$4.53M

Top Sells

Rank Stock Value
1
AGN.PRA
Allergan plc
AGN.PRA
+$48.9M
2
CCI.PRA
Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
+$23.5M
3
TMUSP
T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A
TMUSP
+$15.9M
4
AAL icon
American Airlines Group
AAL
+$7.12M
5
BKNG icon
Booking.com
BKNG
+$6.99M

Sector Composition

Rank Sector Weight
1 Financials 0.54%
2 Industrials 0.48%
3 Healthcare 0.48%
4 Consumer Discretionary 0.35%
5 Communication Services 0.26%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TPR icon
151
CALL
Tapestry
TPR
$32.8B
– –
-200
Closed -$6K
UNH icon
152
UnitedHealth
UNH
$370B
– –
-3,926
Closed -$769K
UNP icon
153
Union Pacific
UNP
$174B
– –
-15,544
Closed -$1.8M
VECO icon
154
Veeco
VECO
$3.23B
– –
-20,000
Closed -$428K
WMT icon
155
PUT
Walmart Inc
WMT
$890B
– –
-690
Closed -$4K
X
156
DELISTED
US Steel
X
– –
-27,500
Closed -$706K
Z icon
157
Zillow
Z
$7.56B
– –
-8,420
Closed -$339K
Z icon
158
PUT
Zillow
Z
$7.56B
– –
-1,100
Closed -$31K
CLVS
159
DELISTED
Clovis Oncology, Inc.
CLVS
– –
-5,000
Closed -$412K
TWTR
160
DELISTED
Twitter, Inc.
TWTR
– –
-15,898
Closed -$268K
TWTR
161
PUT
DELISTED
Twitter, Inc.
TWTR
– –
-500
Closed -$7K
CTXS
162
DELISTED
Citrix Systems Inc
CTXS
– –
-19,000
Closed -$1.46M
MNDT
163
DELISTED
Mandiant, Inc. Common Stock
MNDT
– –
-15,000
Closed -$228K
MTOR
164
PUT
DELISTED
MERITOR, Inc.
MTOR
– –
-500
Closed -$10K
FLXN
165
CALL
DELISTED
Flexion Therapeutics, Inc.
FLXN
– –
-250
Closed -$61K
WPX
166
PUT
DELISTED
WPX Energy, Inc.
WPX
– –
-600
Closed -$5K
CHK
167
CALL
DELISTED
Chesapeake Energy Corporation
CHK
– –
-8
Closed -$6K
AABA
168
PUT
DELISTED
Altaba Inc
AABA
– –
-500
Closed -$9K
DTV
169
DELISTED
DTE Energy Company 2016 Corporate Units
DTV
– –
-43,500
Closed -$2.35M
AGC
170
DELISTED
Advent Claymore Conv Sec & Incme
AGC
– –
-10,000
Closed -$62K
FTRPR
171
DELISTED
Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock
FTRPR
– –
-144,811
Closed -$2.76M
IPXL
172
PUT
DELISTED
Impax Laboratories, Inc.
IPXL
– –
-806
Closed -$81K
AGN.PRA
173
DELISTED
Allergan plc
AGN.PRA
– –
-66,208
Closed -$48.9M
TMUSP
174
DELISTED
T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A
TMUSP
– –
-159,575
Closed -$15.9M
ARNC.PRB
175
DELISTED
Arconic Inc.
ARNC.PRB
– –
-1,615
Closed -$63K
4 5 6
7
8

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 2017 Portfolio in Review

As of Q4 2017, Advent Capital Management held 340 positions worth $5.22B, down 1.1% from $5.28B the previous quarter. Its ten largest holdings account for 20% of the portfolio.

Advent Capital Management withdrew a net $4.38B in Q4 2017, closing 82 positions and reducing 13 holdings. Its most notable exit was Allergan plc, an estimated $48.9M position sold in full.

By sector, the portfolio is most concentrated in Financials at 0.54% of assets, up from 0.32% a quarter earlier, followed by Industrials and Healthcare.

Against the trend, Advent Capital Management opened a new position in Cummins worth $8.83M.

  • Advent Capital Management's largest Q4 2017 buy was Cummins: 50,000 shares worth $8.83M.
  • Advent Capital Management added most to Anthem, Inc. in Q4 2017, an estimated $6.23M increase.
  • Advent Capital Management's biggest Q4 2017 reduction was Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A, cutting an estimated $23.5M.
  • Advent Capital Management fully exited Allergan plc in Q4 2017, selling an estimated $48.9M.
  • Advent Capital Management's ten largest holdings make up 20% of its $5.22B portfolio in Q4 2017.
  • Advent Capital Management opened 53 new positions and closed 82 in Q4 2017.
  • Advent Capital Management's portfolio value fell 1.1% quarter-over-quarter to $5.22B.

Based on Advent Capital Management's 13F filing for Q4 2017, filed 13 Feb 2018.