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
-1.79%
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
$5.65B
AUM Growth
-$596M
Cap. Flow
-$4.95B
Cap. Flow %
-87.57%
Top 10 Hldgs %
20.04%
Holding
304
New
30
Increased
15
Reduced
10
Closed
58

Top Buys

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$55.3M
2
BAC.PRL icon
Bank of America Series L
BAC.PRL
+$15.7M
3
NEE.PRQ
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
+$7.87M
4
WFC.PRL icon
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
+$7.53M
5
XYZ
Block Inc
XYZ
+$4.23M

Top Sells

Rank Stock Value
1
DCUE
Dominion Energy, Inc. 2019 Series A Corporate Units
DCUE
+$27.9M
2
APTV.PRA
Aptiv PLC 5.50% Series A Mandatory Convertible Preferred Shares
APTV.PRA
+$19.1M
3
AVGOP
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
+$19.1M
4
ELAT
Elanco Animal Health Incorporated 5.00% Tangible Equity Units
ELAT
+$12.7M
5
CLVT.PRA
Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares
CLVT.PRA
+$9.77M

Sector Composition

Rank Sector Weight
1 Utilities 0.34%
2 Technology 0.17%
3 Consumer Discretionary 0.16%
4 Energy 0.15%
5 Industrials 0.1%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BAC.PRL icon
1
Bank of America Series L
BAC.PRL
$3.99B
$186M 3.29%
154,342
+12,815
+9% +$15.7M
WFC.PRL icon
2
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.66B
$104M 1.83%
85,785
+6,130
+8% +$7.53M
NEE.PRQ
3
DELISTED
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
$76.8M 1.36%
1,561,464
+160,400
+11% +$7.87M
KKR.PRC
4
DELISTED
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
$69M 1.22%
1,160,686
+29,232
+3% +$1.94M
NIMC
5
DELISTED
NiSource Inc. Series A Corporate Units
NIMC
$64M 1.13%
565,432
+19,395
+4% +$2.24M
AEPPZ
6
DELISTED
American Electric Power Company, Inc. Corporate Units
AEPPZ
$60M 1.06%
1,108,486
+12,587
+1% +$700K
SWT
7
DELISTED
Stanley Black & Decker, Inc.
SWT
$51.1M 0.9%
754,966
-30,925
-4% -$2.42M
SPY icon
8
State Street SPDR S&P 500 ETF Trust
SPY
$823B
$50.9M 0.9%
+135,000
New +$55.3M
DHR.PRB
9
DELISTED
Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B
DHR.PRB
$32.8M 0.58%
24,506
-716
-3% -$1.01M
AVGOP
10
DELISTED
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
$29.7M 0.52%
19,527
-10,844
-36% -$19.1M
DTP
11
DELISTED
DTE Energy Company 2019 Corporate Units
DTP
$28.3M 0.5%
546,733
+57,200
+12% +$2.99M
NEE.PRP
12
DELISTED
NextEra Energy, Inc. 5.279% Corporate Units
NEE.PRP
$28.2M 0.5%
567,975
-41,800
-7% -$2.05M
BSX.PRA
13
DELISTED
Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A
BSX.PRA
$28.2M 0.5%
276,620
+27,423
+11% +$2.99M
RBCP
14
DELISTED
RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock
RBCP
$19.8M 0.35%
207,864
-57,851
-22% -$5.38M
SOLN
15
DELISTED
The Southern Company
SOLN
$19.5M 0.34%
366,613
-74,300
-17% -$4.08M
AESC
16
DELISTED
The AES Corporation
AESC
$14.8M 0.26%
171,828
+14,449
+9% +$1.29M
FLG.PRU
17
Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
$118M
$9.71M 0.17%
208,964
-7,384
-3% -$349K
PARAP
18
DELISTED
Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock
PARAP
$5.95M 0.11%
147,993
+6,468
+5% +$297K
ELAT
19
DELISTED
Elanco Animal Health Incorporated 5.00% Tangible Equity Units
ELAT
$4.27M 0.08%
133,023
-337,405
-72% -$12.7M
T icon
20
AT&T
T
$163B
$4.19M 0.07%
200,000
+1,400
+0.7% +$27.9K
MSFT icon
21
Microsoft
MSFT
$3.71T
$3.85M 0.07%
+15,000
New +$4.07M
DKS icon
22
Dick's Sporting Goods
DKS
$18.7B
$3.51M 0.06%
+46,556
New +$4.14M
F icon
23
Ford
F
$55.7B
$3.41M 0.06%
306,420
+295,320
+2,661% +$4.04M
DE icon
24
Deere & Co
DE
$168B
$3M 0.05%
+10,000
New +$3.68M
XYZ
25
Block Inc
XYZ
$47.5B
$2.85M 0.05%
+46,335
New +$4.23M
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 Q2 2022 Portfolio in Review

As of Q2 2022, Advent Capital Management held 304 positions worth $5.65B, down 9.5% from $6.25B the previous quarter. Its ten largest holdings account for 20% of the portfolio.

Advent Capital Management withdrew a net $4.95B in Q2 2022, closing 58 positions and reducing 10 holdings. Its most notable exit was Dominion Energy, Inc. 2019 Series A Corporate Units, an estimated $27.9M position sold in full.

By sector, the portfolio is most concentrated in Utilities at 0.34% of assets, down from 0.39% a quarter earlier, followed by Technology and Consumer Discretionary.

Against the trend, Advent Capital Management opened a new position in State Street SPDR S&P 500 ETF Trust worth $50.9M.

  • Advent Capital Management's largest Q2 2022 buy was State Street SPDR S&P 500 ETF Trust: 135,000 shares worth $50.9M.
  • Advent Capital Management added most to Bank of America Series L in Q2 2022, an estimated $15.7M increase.
  • Advent Capital Management's biggest Q2 2022 reduction was Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A, cutting an estimated $19.1M.
  • Advent Capital Management fully exited Dominion Energy, Inc. 2019 Series A Corporate Units in Q2 2022, selling an estimated $27.9M.
  • Advent Capital Management's ten largest holdings make up 20% of its $5.65B portfolio in Q2 2022.
  • Advent Capital Management opened 30 new positions and closed 58 in Q2 2022.
  • Advent Capital Management's portfolio value fell 9.5% quarter-over-quarter to $5.65B.

Based on Advent Capital Management's 13F filing for Q2 2022, filed 15 Aug 2022.