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
+0.02%
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
$5.17B
AUM Growth
-$119M
Cap. Flow
-$3.24B
Cap. Flow %
-62.63%
Top 10 Hldgs %
24.6%
Holding
253
New
59
Increased
–
Reduced
4
Closed
25

Top Buys

Rank Stock Value
1
BAC.PRL icon
Bank of America Series L
BAC.PRL
+$216M
2
WFC.PRL icon
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
+$204M
3
KKR.PRC
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
+$67.4M
4
NIMC
NiSource Inc. Series A Corporate Units
NIMC
+$67.2M
5
NEE.PRQ
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
+$67.1M

Top Sells

Rank Stock Value
1
PH icon
Parker-Hannifin
PH
+$4.71M
2
OXY icon
Occidental Petroleum
OXY
+$3.12M
3
PPL
PPL Corp
PPL
+$1.66M
4
CMA
Comerica
CMA
+$1.52M
5
IQ icon
iQIYI
IQ
+$782K

Sector Composition

Rank Sector Weight
1 Industrials 0.2%
2 Energy 0.18%
3 Consumer Discretionary 0.16%
4 Technology 0.13%
5 Financials 0.13%
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
$216M 4.18%
+184,072
New +$216M
WFC.PRL icon
2
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.66B
$205M 3.96%
+177,185
New +$204M
KKR.PRC
3
DELISTED
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
$71M 1.37%
+1,072,349
New +$67.4M
NEE.PRQ
4
DELISTED
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
$67.3M 1.3%
+1,375,090
New +$67.1M
NIMC
5
DELISTED
NiSource Inc. Series A Corporate Units
NIMC
$66.8M 1.29%
+651,680
New +$67.2M
AEPPZ
6
DELISTED
American Electric Power Company, Inc. Corporate Units
AEPPZ
$32.2M 0.62%
+647,494
New +$32.3M
NEE.PRR
7
DELISTED
NextEra Energy, Inc. 6.926% Corporate Units
NEE.PRR
$31.6M 0.61%
+700,919
New +$32.7M
SPY icon
8
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$823B
$31M 0.6%
70,000
-30,000
-30% -$12.6M
GTLS.PRB
9
DELISTED
Chart Industries 6.75% Series B Preferred Stock
GTLS.PRB
$30.3M 0.59%
+465,062
New +$25.1M
WMT icon
10
CALL
Walmart Inc
WMT
$890B
$23.6M 0.46%
+450,000
New +$22.7M
WYNN icon
11
CALL
Wynn Resorts
WYNN
$10.6B
$21.1M 0.41%
+200,000
New +$21.4M
AESC
12
DELISTED
The AES Corporation
AESC
$14.2M 0.28%
+174,317
New +$14.8M
TJX icon
13
CALL
TJX Companies
TJX
$178B
$12.1M 0.23%
+142,500
New +$11.2M
HD icon
14
CALL
Home Depot
HD
$355B
$11.6M 0.23%
+37,500
New +$11.1M
AQNU
15
DELISTED
Algonquin Power & Utilities Corp Units
AQNU
$10.3M 0.2%
+349,873
New +$10.5M
PARAP
16
DELISTED
Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock
PARAP
$9.33M 0.18%
+408,241
New +$10.6M
CRWD icon
17
CALL
CrowdStrike
CRWD
$218B
$9.18M 0.18%
+250,000
New +$8.71M
F icon
18
CALL
Ford
F
$55.7B
$7.57M 0.15%
+500,000
New +$6.33M
FLG.PRU
19
Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
$118M
$7.23M 0.14%
+177,720
New +$7.08M
BABA icon
20
CALL
Alibaba
BABA
$308B
$6.67M 0.13%
+80,000
New +$7M
BOX icon
21
CALL
Box
BOX
$4.6B
$5.88M 0.11%
+200,000
New +$5.54M
HD icon
22
Home Depot
HD
$355B
$4.66M 0.09%
+15,000
New +$4.43M
DE icon
23
CALL
Deere & Co
DE
$168B
$4.46M 0.09%
+11,000
New +$4.21M
CAT icon
24
CALL
Caterpillar
CAT
$387B
$4.31M 0.08%
+17,500
New +$3.9M
JCI icon
25
Johnson Controls International
JCI
$92.2B
$4.09M 0.08%
60,000
– –
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 2023 Portfolio in Review

As of Q2 2023, Advent Capital Management held 253 positions worth $5.17B, down 2.2% from $5.29B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

Advent Capital Management withdrew a net $3.24B in Q2 2023, closing 25 positions and reducing 4 holdings. Its most notable exit was Parker-Hannifin, an estimated $4.71M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 0.2% of assets, up from 0.16% a quarter earlier, followed by Energy and Consumer Discretionary.

Against the trend, Advent Capital Management opened a new position in Bank of America Series L worth $216M.

  • Advent Capital Management's largest Q2 2023 buy was Bank of America Series L: 184,072 shares worth $216M.
  • Advent Capital Management's biggest Q2 2023 reduction was First Trust High Yield Opportunities 2027 Term Fund, cutting an estimated $19K.
  • Advent Capital Management fully exited Parker-Hannifin in Q2 2023, selling an estimated $4.71M.
  • Advent Capital Management's ten largest holdings make up 25% of its $5.17B portfolio in Q2 2023.
  • Advent Capital Management opened 59 new positions and closed 25 in Q2 2023.
  • Advent Capital Management's portfolio value fell 2.2% quarter-over-quarter to $5.17B.

Based on Advent Capital Management's 13F filing for Q2 2023, filed 11 Aug 2023.