Advent Convertible and Income Fund
AVK
96 hedge funds and large institutions have $174M invested in Advent Convertible and Income Fund in 2025 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 37 increasing their positions, 23 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
61% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 23
5% more funds holding
Funds holding: 91 → 96 (+5)
10.74% less ownership
Funds ownership: 41.61% → 30.87% (-11%)
58% less capital inflows, than outflows
Capital inflows: $6.9M | Capital outflows: $16.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
+$1.42M |
| 2 |
Steward Partners Investment Advisory
New York
|
+$736K |
| 3 |
LPL Financial
San Diego,
California
|
+$604K |
| 4 |
Shaker Financial Services
Arlington,
Virginia
|
+$597K |
| 5 |
Sanctuary Advisors
Indianapolis,
Indiana
|
+$373K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Absolute Investment Advisers
Rosemary Beach,
Florida
|
-$4.46M |
| 2 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.31M |
| 3 |
Morgan Stanley
New York
|
-$2.61M |
| 4 |
Quarry LP
New York
|
-$1.91M |
| 5 |
Advisors Asset Management
Monument,
Colorado
|
-$824K |
AVK Hedge Fund Activity: Q3 2025 in Review
96 of the 7,650 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 0.08% from $174M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new AVK positions and 7 closed out — a net gain of 5 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.
- 96 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 0.08% quarter-over-quarter.
- 12 funds opened new Advent Convertible and Income Fund positions in Q3 2025 and 7 closed out, a net change of +5 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.