We are live on ! Find out more
AVK

Advent Convertible and Income Fund
AVK

92 hedge funds and large institutions have $4.94B invested in Advent Convertible and Income Fund in 2024 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

4,121% more capital invested

Capital invested by funds: $117M → $4.94B (+$4.83B)

46% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 13

25% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 24

13.59% more ownership

Funds ownership: 30.85% → 44.44% (+14%)

1% more funds holding

Funds holding: 91 → 92 (+1)

Holders
92
Holders Change
+1
Holders Change %
+1.1%
% of All Funds
1.21%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
19
Increased
30
Reduced
24
Closed
13
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
+$49.8M
2
AIA
Absolute Investment Advisers
Florida
+$9.36M
3
QL
Quarry LP
New York
+$3.28M
4
Creative Planning
Creative Planning
Kansas
+$1.89M
5
AAM
Advisors Asset Management
Colorado
+$1.29M

Top Sellers

Rank Fund Capital Flow
1
IAIM
International Assets Investment Management
Florida
-$4.38M
2
BFM
Boothbay Fund Management
New York
-$3.39M
3
AWA
Arete Wealth Advisors
Illinois
-$3.26M
4
AGM
Alpine Global Management
New York
-$2.62M
5
Morgan Stanley
Morgan Stanley
New York
-$2.61M
Name Holding Trade Value Shares
Change 		Change in
Stake
MC
51
Moors & Cabot
Massachusetts
$247K – – –
VCWA
52
Vanguard Capital Wealth Advisors
Colorado
$244K +$317 +27 +0.1%
Truist Financial
53
Truist Financial
North Carolina
$243K -$17.8K -1,519 -7%
PNC Financial Services Group
54
PNC Financial Services Group
Pennsylvania
$219K – – –
Comerica Bank
55
Comerica Bank
Texas
$215K -$45.8K -3,903 -18%
Susquehanna International Group
56
Susquehanna International Group
Pennsylvania
$214K +$214K +18,215 New
XT
57
XTX Topco
Cayman Islands
$205K +$205K +17,444 New
OIA
58
OneDigital Investment Advisors
Kansas
$194K +$194K +16,493 New
JIP
59
Jaffetilchin Investment Partners
Florida
$192K +$33.7K +2,867 +21%
EMAM
60
Encompass More Asset Management
California
$173K +$32.4K +2,755 +23%
MG
61
Marex Group
$170K +$170K +14,432 New
MWM
62
Melfa Wealth Management
Massachusetts
$162K – – –
Mariner
63
Mariner
Kansas
$148K -$55.6K -4,734 -27%
LCM
64
Landscape Capital Management
New Jersey
$147K +$147K +12,520 New
KPWS
65
Kestra Private Wealth Services
Texas
$142K +$576 +49 +0.4%
TCA
66
Transcend Capital Advisors
New Jersey
$137K – – –
OC
67
Oppenheimer & Co
New York
$126K -$30.5K -2,600 -20%
HI
68
Harbour Investments
Wisconsin
$118K +$3.88K +330 +3%
WAM
69
Wolverine Asset Management
Illinois
$101K +$101K +8,556 New
AG
70
AmeriFlex Group
Nevada
$66.5K +$64K +5,445 New
Northwestern Mutual Wealth Management
71
Northwestern Mutual Wealth Management
Wisconsin
$61.1K +$1.21K +103 +2%
MIA
72
MeadowBrook Investment Advisors
Michigan
$59.5K – – –
LFG
73
Larson Financial Group
Missouri
$44.7K – – –
WA
74
WPG Advisers
Maryland
$24.2K +$24.2K +2,057 New
PFBT
75
Parkside Financial Bank & Trust
Missouri
$24K +$24K +2,042 New
1 2
3
4 5

AVK Hedge Fund Activity: Q4 2024 in Review

92 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Advent Convertible and Income Fund (AVK) for Q4 2024, worth a combined $4.94B — up 4,121% from $117M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new AVK positions and 13 closed out — a net gain of 6 holders — while 30 added to existing stakes and 24 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $49.8M. The largest seller was International Assets Investment Management, cutting an estimated $4.38M.

  • 92 institutional investors held Advent Convertible and Income Fund (AVK) as of Q4 2024, up from 91 in Q3 2024.
  • Funds reported $4.94B of Advent Convertible and Income Fund stock for Q4 2024, up 4,121% quarter-over-quarter.
  • 19 funds opened new Advent Convertible and Income Fund positions in Q4 2024 and 13 closed out, a net change of +6 holders.
  • The largest Advent Convertible and Income Fund buyer in Q4 2024 was Sit Investment Associates, an estimated $49.8M added.
  • The largest Advent Convertible and Income Fund seller in Q4 2024 was International Assets Investment Management, an estimated $4.38M sold.

Based on aggregated 13F filings for Q4 2024.