Camden Asset Management Portfolio holdings

Camden Asset Management's Q2 2019 Portfolio in Review

As of Q2 2019, Camden Asset Management held 102 positions worth $3.16B, down 5.7% from $3.35B the previous quarter. Its ten largest holdings account for 48% of the portfolio.

Camden Asset Management withdrew a net $1.51B in Q2 2019, closing 9 positions and reducing 8 holdings. Its most notable exit was Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A, an estimated $104M position sold in full.

By sector, the portfolio is most concentrated in Technology at 0% of assets, down from 0.1% a quarter earlier, followed by Utilities.

Against the trend, Camden Asset Management opened a new position in Essential Utilities, Inc.6.00% Tangible Equity Units worth $79.3M.

• Camden Asset Management's largest Q2 2019 buy was Essential Utilities, Inc.6.00% Tangible Equity Units: 1,386,225 shares worth $79.3M.
• Camden Asset Management added most to Dominion Energy, Inc 2016 Series A Corporate Units in Q2 2019, an estimated $89.9M increase.
• Camden Asset Management's biggest Q2 2019 reduction was Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A, cutting an estimated $65M.
• Camden Asset Management fully exited Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A in Q2 2019, selling an estimated $104M.
• Camden Asset Management's ten largest holdings make up 48% of its $3.16B portfolio in Q2 2019.
• Camden Asset Management opened 3 new positions and closed 9 in Q2 2019.
• Camden Asset Management's portfolio value fell 5.7% quarter-over-quarter to $3.16B.

Based on Camden Asset Management's 13F filing for Q2 2019, filed 14 Aug 2019.