Advent Convertible and Income Fund
AVK
98 hedge funds and large institutions have $161M invested in Advent Convertible and Income Fund in 2025 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 33 increasing their positions, 27 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
22% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 27
3% more funds holding
Funds holding: 95 → 98 (+3)
1.79% less ownership
Funds ownership: 30.84% → 29.05% (-1.8%)
8% less capital invested
Capital invested by funds: $174M → $161M (-$13.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.31M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$1.13M |
| 3 |
P
&Partners
Nashville,
Tennessee
|
+$1.03M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$983K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$628K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$11.3M |
| 2 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
-$2.51M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$970K |
| 4 |
QL
Quarry LP
New York
|
-$728K |
| 5 |
Morgan Stanley
New York
|
-$506K |
AVK Hedge Fund Activity: Q4 2025 in Review
98 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Advent Convertible and Income Fund (AVK) for Q4 2025, worth a combined $161M — down 7.6% from $174M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new AVK positions and 9 closed out — a net gain of 3 holders — while 33 added to existing stakes and 27 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $1.31M. The largest seller was Sit Investment Associates, cutting an estimated $11.3M.
- 98 institutional investors held Advent Convertible and Income Fund (AVK) as of Q4 2025, up from 95 in Q3 2025.
- Funds reported $161M of Advent Convertible and Income Fund stock for Q4 2025, down 7.6% quarter-over-quarter.
- 12 funds opened new Advent Convertible and Income Fund positions in Q4 2025 and 9 closed out, a net change of +3 holders.
- The largest Advent Convertible and Income Fund buyer in Q4 2025 was Guggenheim Capital, an estimated $1.31M added.
- The largest Advent Convertible and Income Fund seller in Q4 2025 was Sit Investment Associates, an estimated $11.3M sold.
Based on aggregated 13F filings for Q4 2025.