Advent Convertible and Income Fund
AVK
91 hedge funds and large institutions have $174M invested in Advent Convertible and Income Fund in 2025 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 32 increasing their positions, 28 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
14% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 28
5% more funds holding
Funds holding: 87 → 91 (+4)
2% more capital invested
Capital invested by funds: $170M → $174M (+$3.94M)
1.1% less ownership
Funds ownership: 42.71% → 41.61% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.65M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$1.09M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$670K |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$526K |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$408K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.46M |
| 2 |
Morgan Stanley
New York
|
-$3.21M |
| 3 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
-$1.97M |
| 4 |
QL
Quarry LP
New York
|
-$467K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$345K |
AVK Hedge Fund Activity: Q2 2025 in Review
91 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Advent Convertible and Income Fund (AVK) for Q2 2025, worth a combined $174M — up 2.3% from $170M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new AVK positions and 5 closed out — a net gain of 4 holders — while 32 added to existing stakes and 28 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $1.65M. The largest seller was Sit Investment Associates, cutting an estimated $4.46M.
- 91 institutional investors held Advent Convertible and Income Fund (AVK) as of Q2 2025, up from 87 in Q1 2025.
- Funds reported $174M of Advent Convertible and Income Fund stock for Q2 2025, up 2.3% quarter-over-quarter.
- 9 funds opened new Advent Convertible and Income Fund positions in Q2 2025 and 5 closed out, a net change of +4 holders.
- The largest Advent Convertible and Income Fund buyer in Q2 2025 was Advisors Asset Management, an estimated $1.65M added.
- The largest Advent Convertible and Income Fund seller in Q2 2025 was Sit Investment Associates, an estimated $4.46M sold.
Based on aggregated 13F filings for Q2 2025.