We are live on ! Find out more
ACM

Advent Capital Management Portfolio holdings

AUM $4.46B
1-Year Est. Return 0.73%
This Fund
S&P 500
This Quarter Est. Return
-0.09%
1 Year Est. Return
+0.73%
3 Year Est. Return
+2.9%
5 Year Est. Return
+0.82%
10 Year Est. Return
+4.72%
AUM
$5.43B
AUM Growth
-$1.48B
Cap. Flow
-$5.07B
Cap. Flow %
-93.35%
Top 10 Hldgs %
17.09%
Holding
384
New
100
Increased
13
Reduced
16
Closed
79
Avg Time Held Equity + Options
4.8 quarters
Top 10 Avg Time Held Equity + Options
2.3 quarters
Top 20 Avg Time Held Equity + Options
3 quarters
Avg Time Held Equity only
6.1 quarters
Top 10 Avg Time Held Equity only
2.3 quarters
Top 20 Avg Time Held Equity only
3 quarters

Top Buys

Rank Stock Value
1
DCUD
Dominion Energy, Inc 2016 Series A Corporate Units
DCUD
+$13.8M
2
ARNC.PRB
Arconic Inc.
ARNC.PRB
+$12.5M
3
GXP.PRB.CL
Great Plains Energy Incorporated
GXP.PRB.CL
+$7.94M
4
DTV
DTE Energy Company 2016 Corporate Units
DTV
+$7.14M
5
SRCLP icon
Stericycle, Inc
SRCLP
+$6.34M

Top Sells

Rank Stock Value
1
WFC.PRL icon
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
+$70.3M
2
ARE.PRD icon
Alexandria Real Estate Equities Inc 7.00% Series D Preferred Stock
ARE.PRD
+$50.1M
3
BAC.PRL icon
Bank of America Series L
BAC.PRL
+$26.5M
4
BDC.PRB icon
Belden Inc.
BDC.PRB
+$23.3M
5
DCUC
Dominion Energy, Inc.
DCUC
+$17.8M

Sector Composition

Rank Sector Weight
1 Miscellaneous 97.77%
2 Communication Services 0.61%
3 Healthcare 0.42%
4 Financials 0.33%
5 Consumer Discretionary 0.24%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
WFC.PRL icon
1
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.25B
$72.3M 1.33%
60,748
-56,696
-48% -$70.3M
2015 Q1
7 quarters
ANTX icon
2
DELISTED
Anthem, Inc.
ANTX
$62.2M 1.15%
1,326,274
-44,968
-3% -$2.02M
2015 Q2
6 quarters
BAC.PRL icon
3
Bank of America Series L
BAC.PRL
$3.67B
$41.5M 0.76%
35,574
-22,250
-38% -$26.5M
2015 Q1
7 quarters
KEY.PRG icon
4
DELISTED
KeyCorp Pfd
KEY.PRG
$38.9M 0.72%
288,157
-4,182
-1% -$567K
2015 Q1
7 quarters
FTRPR
5
DELISTED
Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock
FTRPR
$38.3M 0.71%
539,219
+69,282
+15% +$5.31M
2015 Q2
6 quarters
NEE.PRR icon
6
DELISTED
NextEra Energy, Inc.
NEE.PRR
$37.4M 0.69%
761,473
+20,125
+3% +$988K
2016 Q3
1 quarter
DCUD
7
DELISTED
Dominion Energy, Inc 2016 Series A Corporate Units
DCUD
$23.7M 0.44%
468,005
+277,104
+145% +$13.8M
2016 Q3
1 quarter
AMT.PRB icon
8
DELISTED
American Tower Corporation
AMT.PRB
$17.7M 0.33%
170,445
– –
2015 Q1
7 quarters
TMUSP icon
9
DELISTED
T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A
TMUSP
$15.7M 0.29%
166,498
– –
2014 Q4
8 quarters
ARNC.PRB
10
DELISTED
Arconic Inc.
ARNC.PRB
$11.9M 0.22%
+393,670
New +$12.5M
2016 Q4
0 quarters
WELL.PRI icon
11
DELISTED
Welltower Inc.
WELL.PRI
$10.1M 0.19%
168,000
+35,000
+26% +$2.12M
2015 Q1
7 quarters
SWNC
12
DELISTED
Southwestern Energy Company
SWNC
$9.06M 0.17%
354,457
– –
2016 Q2
2 quarters
RHT
13
DELISTED
Red Hat Inc
RHT
$8.34M 0.15%
119,666
+18,200
+18% +$1.4M
2014 Q3
9 quarters
WFC icon
14
Wells Fargo
WFC
$253B
$8.27M 0.15%
150,000
– –
2016 Q3
1 quarter
GXP.PRB.CL
15
DELISTED
Great Plains Energy Incorporated
GXP.PRB.CL
$7.89M 0.15%
+155,865
New +$7.94M
2016 Q4
0 quarters
CI icon
16
Cigna
CI
$74.6B
$7.6M 0.14%
57,000
– –
2015 Q2
6 quarters
DTV
17
DELISTED
DTE Energy Company 2016 Corporate Units
DTV
$7.25M 0.13%
+137,500
New +$7.14M
2016 Q4
0 quarters
GM icon
18
General Motors
GM
$72.6B
$6.69M 0.12%
192,000
-78,000
-29% -$2.62M
2016 Q2
2 quarters
VZ icon
19
Verizon
VZ
$173B
$6.67M 0.12%
125,000
+115,000
+1,150% +$5.75M
2016 Q3
1 quarter
LAZ icon
20
Lazard
LAZ
$3.58B
$6.57M 0.12%
+160,000
New +$6.22M
2016 Q4
0 quarters
NEE.PRQ icon
21
DELISTED
NextEra Energy, Inc.
NEE.PRQ
$6.46M 0.12%
112,171
– –
2015 Q3
5 quarters
SRCLP icon
22
DELISTED
Stericycle, Inc
SRCLP
$6.36M 0.12%
+100,000
New +$6.34M
2016 Q4
0 quarters
TWX
23
DELISTED
Time Warner Inc
TWX
$5.36M 0.1%
+55,500
New +$4.94M
2016 Q4
0 quarters
GILD icon
24
Gilead Sciences
GILD
$187B
$5.19M 0.1%
72,500
+10,000
+16% +$743K
2014 Q4
8 quarters
TSNU
25
DELISTED
Tyson Foods, Inc.
TSNU
$5.09M 0.09%
+75,000
New +$5.4M
2016 Q4
0 quarters
1
2 3 4 5

Similar funds

EFM
E Fund Management Guangzhou, China $4.46B AUM
MAM
Magellan Asset Management Sydney, Australia $4.47B AUM 4.2% 1-Year Est. Return
WSFS
Wilmington Savings Fund Society Wilmington, Delaware $4.48B AUM 24.77% 1-Year Est. Return
AP
Americana Partners Houston, Texas $4.44B AUM 29.45% 1-Year Est. Return
WA
WestEnd Advisors Charlotte, North Carolina $4.49B AUM 19.44% 1-Year Est. Return
BP
BC Partners New York $4.43B AUM 49.12% 1-Year Est. Return
AOI
Auto-Owners Insurance Lansing, Michigan $4.43B AUM 30.05% 1-Year Est. Return
5NCM
59 North Capital Management Houston, Texas $4.49B AUM 6.4% 1-Year Est. Return

Advent Capital Management's Q4 2016 Portfolio in Review

As of Q4 2016, Advent Capital Management held 384 positions worth $5.43B, down 21% from $6.92B the previous quarter. Its ten largest holdings account for 17% of the portfolio.

Advent Capital Management withdrew a net $5.07B in Q4 2016, closing 79 positions and reducing 16 holdings. Its most notable exit was Alexandria Real Estate Equities Inc 7.00% Series D Preferred Stock, an estimated $50.1M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 98% of assets, down from 99% a quarter earlier, followed by Communication Services and Healthcare.

Against the trend, Advent Capital Management opened a new position in Arconic Inc. worth $11.9M.

  • Advent Capital Management's largest Q4 2016 buy was Arconic Inc.: 393,670 shares worth $11.9M.
  • Advent Capital Management added most to Dominion Energy, Inc 2016 Series A Corporate Units in Q4 2016, an estimated $13.8M increase.
  • Advent Capital Management's biggest Q4 2016 reduction was Wells Fargo 7.5% Non Cumv Perp Conv, cutting an estimated $70.3M.
  • Advent Capital Management fully exited Alexandria Real Estate Equities Inc 7.00% Series D Preferred Stock in Q4 2016, selling an estimated $50.1M.
  • Advent Capital Management's ten largest holdings make up 17% of its $5.43B portfolio in Q4 2016.
  • Advent Capital Management opened 100 new positions and closed 79 in Q4 2016.
  • Advent Capital Management's portfolio value fell 21% quarter-over-quarter to $5.43B.

Based on Advent Capital Management's 13F filing for Q4 2016, filed 13 Feb 2017.