Advent Convertible and Income Fund
AVK
95 hedge funds and large institutions have $174M invested in Advent Convertible and Income Fund in 2025 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 23 reducing their positions, and 7 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 23
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
4% more funds holding
Funds holding: 91 → 95 (+4)
0% less capital invested
Capital invested by funds: $174M → $174M (-$274K)
10.77% less ownership
Funds ownership: 41.61% → 30.84% (-11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
+$1.42M |
| 2 |
SPIA
Steward Partners Investment Advisory
New York
|
+$736K |
| 3 |
LPL Financial
San Diego,
California
|
+$604K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$597K |
| 5 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
+$373K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
-$4.46M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.31M |
| 3 |
Morgan Stanley
New York
|
-$2.61M |
| 4 |
QL
Quarry LP
New York
|
-$1.91M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$824K |
AVK Hedge Fund Activity: Q3 2025 in Review
95 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Advent Convertible and Income Fund (AVK) for Q3 2025, worth a combined $174M — down 0.16% from $174M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new AVK positions and 7 closed out — a net gain of 4 holders — while 37 added to existing stakes and 23 trimmed.
The largest buyer was Raymond James Financial, adding an estimated $1.42M. The largest seller was Absolute Investment Advisers, cutting an estimated $4.46M.
- 95 institutional investors held Advent Convertible and Income Fund (AVK) as of Q3 2025, up from 91 in Q2 2025.
- Funds reported $174M of Advent Convertible and Income Fund stock for Q3 2025, down 0.16% quarter-over-quarter.
- 11 funds opened new Advent Convertible and Income Fund positions in Q3 2025 and 7 closed out, a net change of +4 holders.
- The largest Advent Convertible and Income Fund buyer in Q3 2025 was Raymond James Financial, an estimated $1.42M added.
- The largest Advent Convertible and Income Fund seller in Q3 2025 was Absolute Investment Advisers, an estimated $4.46M sold.
Based on aggregated 13F filings for Q3 2025.