Advent Convertible and Income Fund
AVK
107 hedge funds and large institutions have $160M invested in Advent Convertible and Income Fund in 2026 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 44 increasing their positions, 21 reducing their positions, and 10 closing their positions.
110% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 21
17% more capital invested
Capital invested by funds: $137M → $160M (+$23.1M)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
0.07% less ownership
Funds ownership: 27.73% → 27.66% (-0.07%)
2% less funds holding
Funds holding: 109 → 107 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.63M |
| 2 |
Rockefeller Capital Management
New York
|
+$2.31M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$2.28M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.09M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$731K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$8.97M |
| 2 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
-$1.17M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$527K |
| 4 |
Millennium Management
New York
|
-$522K |
| 5 |
Morgan Stanley
New York
|
-$337K |
AVK Hedge Fund Activity: Q2 2026 in Review
107 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in Advent Convertible and Income Fund (AVK) for Q2 2026, worth a combined $160M — up 17% from $137M a quarter earlier.
Fund positioning in AVK was balanced in Q2 2026: 10 funds opened new positions, 10 closed out, 44 added to existing stakes and 21 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $2.63M. The largest seller was Sit Investment Associates, cutting an estimated $8.97M.
- 107 institutional investors held Advent Convertible and Income Fund (AVK) as of Q2 2026, down from 109 in Q1 2026.
- Funds reported $160M of Advent Convertible and Income Fund stock for Q2 2026, up 17% quarter-over-quarter.
- 10 funds opened new Advent Convertible and Income Fund positions in Q2 2026 and 10 closed out, a net change of 0 holders.
- The largest Advent Convertible and Income Fund buyer in Q2 2026 was Wolverine Asset Management, an estimated $2.63M added.
- The largest Advent Convertible and Income Fund seller in Q2 2026 was Sit Investment Associates, an estimated $8.97M sold.
Based on aggregated 13F filings for Q2 2026.