Advent Capital Management /de/ — Quarterly 13F Portfolio Report

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$3.6B

Reporting period: 2026-03-31 · Number of holdings: 215

ADVENT CAPITAL MANAGEMENT /DE/ disclosed 215 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $3.6B and a quarterly turnover rate of 56.6%.

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Personality snowflake

Concentration: 7.04
Portfolio Stability: 56.59
Momentum/Contrarian: 100
Sector conviction: 49.34
Diversification: 100
Sizing Uniformity: 83.38

Recent moves

Trim SPY
-60.2%　-$363.7M
Trim WFC 7.5 PERP L
-6.0%　-$174.6M
Add DDOG 0 12-01-29
+110.4%　$38.9M
Add AVAV 0 07-15-30
+188.9%　$34.6M
Trim BOX 1.5 09-15-29
-99.8%　-$47.2M
Add BAC 7.25 PERP L
-5.2%　-$19.0M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 213 holdings (of 215 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	6.14%	-5.64%	-60.17%
2	BAC 7.25 PERP L	Bank Of America CORP	Stock-Financials	4.91%	+0.95%	-5.17%
3	UBER 0.875 12-01-28 2028	Uber Technologies INC	Stock-Industrials	3.95%	+0.23%	-16.53%
4	NEE 7.299 06-01-27	Nextera Energy INC	Stock-Utilities	3.02%	—	-2.58%
5	VTR 3.75 06-01-26	Ventas Realty LP	Stock-Real Estate	2.56%	—	-15.93%
6	GPN 1.5 03-01-31	Global Payments INC	Stock-Industrials	2.45%	+0.27%	-16.31%
7	CMS 3.375 05-01-28	Cms Energy CORP	Stock-Utilities	2.34%	—	-15.14%
8	PPL 2.875 03-15-28	Ppl Capital Funding INC	Stock-Utilities	2.28%	—	+4.21%
9	KKR 6.25 03-01-28 D	Kkr & Co INC	Stock-Financials	2.28%	+0.20%	+2.38%
10	APO 6.75 07-31-26	Apollo Global Management	Stock-Financials	2.12%	+0.18%	+2.02%
11	DDOG 0 12-01-29	Datadog INC	Stock-Tech	2.11%	+1.36%	+110.42%
12	AFRM 0.75 12-15-29	Affirm Holdings INC	Stock-Financials	1.72%	—	+45.50%
13	SO 7.125 12-15-28 A	Southern Co	Stock-Utilities	1.60%	+0.68%	+22.29%
14	BA 6 10-15-27	Boeing Co/the	Stock-Industrials	1.55%	—	+2.12%
15	AVAV 0 07-15-30	Aerovironment INC	Stock-Industrials	1.55%	+1.12%	+188.94%
16	MTH 1.75 05-15-28	Meritage Homes CORP	Stock-Consumer Disc	1.42%	-0.67%	-49.74%
17	CNP 4.25 08-15-26	Centerpoint Energy INC	Stock-Utilities	1.36%	+0.05%	-29.67%
18	NEE 3 03-01-27	Nextera Energy Capital	Stock-Utilities	1.35%	-0.29%	-46.04%
19	LNTH 2.625 12-15-27	Lantheus Holdings INC	Stock-Healthcare	1.33%	—	-13.42%
20	SO 4.5 06-15-27	Southern Co	Stock-Utilities	1.33%	—	-19.64%
21	PCG 4.25 12-01-27	Pg&e CORP	Stock-Utilities	1.29%	—	+23.64%
22	SMCI 3.5 03-01-29	Super Micro Computer INC	Stock-Tech	1.21%	—	+20.70%
23	MCHP 7.5 03-15-28	Microchip Technology INC	Stock-Tech	1.20%	+0.58%	+43.55%
24	TTEK 2.25 08-15-28	Tetra Tech INC	Stock-Industrials	1.16%	—	-9.23%
25	WEC 4.375 06-01-29	Wec Energy Group INC	Stock-Utilities	1.14%	—	+14.75%
26	AKAM 1.125 02-15-29	Akamai Technologies INC	Stock-Tech	1.13%	—	+4.04%
27	WDC 3 11-15-28	Western Digital CORP	Stock-Tech	1.09%	+0.78%	+63.53%
28	GWRE 1.25 11-01-29	Guidewire Software INC	Stock-Tech	1.06%	+0.80%	+229.33%
29	SNOW 0 10-01-29	Snowflake INC	Stock-Tech	1.05%	—	+29.78%
30	VAC 3.25 12-15-27	Marriott Vacation Worldw	Stock-Consumer Disc	1.05%	—	-6.90%
31	ARES 6.75 10-01-27 B	Ares Management CORP	Stock-Financials	0.96%	—	+1.37%
32	RIVN 3.625 10-15-30	Rivian Auto INC	Stock-Consumer Disc	0.93%	+0.78%	+438.77%
33	PSN 2.625 03-01-29	Parsons CORP	Stock-Tech	0.89%	—	-2.32%
34	DUK 4.125 04-15-26	Duke Energy CORP	Stock-Utilities	0.89%	-0.61%	-59.98%
35	TCOM 0.75 06-15-29	Trip.com Group LTD	Stock-Consumer Disc	0.87%	—	+51.40%
36	DKNG 0 03-15-28	Draftkings Holdings INC	Stock-Consumer Disc	0.81%	-0.09%	-33.41%
37	RUN 4 03-01-30	Sunrun INC	Stock-Tech	0.81%	+0.52%	+141.62%
38	ACVT	Advent Convertible Bond ETF	ETF-Other	0.78%	—	+9.42%
39	MSTR 0.875 03-15-31	Strategy INC	Stock-Tech	0.77%	+0.62%	+307.89%
40	LYV 2.875 01-15-30	Live Nation Entertainmen	Stock-Comm Services	0.74%	-0.66%	-61.98%
41	ENPH 0 03-01-28	Enphase Energy INC	Stock-Tech	0.68%	—	+4.13%
42	HPE 7.625 09-01-27	Hp Enterprise Co	Stock-Tech	0.67%	—	-28.80%
43	RIOT 0.75 01-15-30	Riot Platforms INC	Stock-Financials	0.65%	—	+19.55%
44	CLSK 0 06-15-30	Cleanspark INC	Stock-Financials	0.63%	—	+77.03%
45	ON 0.5 03-01-29	On Semiconductor CORP	Stock-Tech	0.61%	—	-28.11%
46	HAE 2.5 06-01-29	Haemonetics CORP	Stock-Other	0.61%	—	+28.00%
47	TVTX 2.25 03-01-29	Travere Therapeutics INC	Stock-Other	0.61%	—	+22.38%
48	ITRI 1.375 07-15-30	Itron INC	Stock-Tech	0.60%	—	-28.75%
49	ETSY 0.125 09-01-27	Etsy INC	Stock-Consumer Disc	0.59%	—	-5.76%
50	BBIO 2.25 02-01-29	Bridgebio Pharma INC	Stock-Healthcare	0.59%	—	-8.01%

1–50 of 213

Portfolio Performance

Performance for Q3 2026

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Performance Last 4 Quarters

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Based on 0 months of available history

Based on 8% of reported portfolio value with available pricing

Stdev: —
Beta: —
Alpha: —
Max Drawdown: —
Annualized Perf: —
Batting Avg vs S&P: —
Sortino: —
Stutzer: —
Treynor: —
Sterling: —
Calmar: —
Information Ratio: —
Tracking Error: —
Stdev Down: —
Winning Months %: —
Losing Months %: —
Best 12 Months: —
Worst 12 Months: —
Efficiency Ratio: —
Sharpe: —
Stdev Sectors: +8.2%
Skewness: —
Kurtosis: —
Upside Potential: —

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	215	$3.6B	57	1SPY 2BAC 7.25 PERP L 3UBER 0.875 12-01-28 2028 Top holdings2026-03-31 1.SPY 2.BAC 7.25 PERP L 3.UBER 0.875 12-01-28 2028 4.NEE 7.299 06-01-27 5.VTR 3.75 06-01-26 6.GPN 1.5 03-01-31 7.CMS 3.375 05-01-28 8.PPL 2.875 03-15-28 9.KKR 6.25 03-01-28 D 10.APO 6.75 07-31-26
2025-12-31	228	$5.0B	50	1SPY 2BAC 7.25 PERP L 3WFC 7.5 PERP L Top holdings2025-12-31 1.SPY 2.BAC 7.25 PERP L 3.WFC 7.5 PERP L 4.UBER 0.875 12-01-28 2028 5.GPN 1.5 03-01-31 6.VTR 3.75 06-01-26 7.MTH 1.75 05-15-28 8.KKR 6.25 03-01-28 D 9.NEE 7.299 06-01-27 10.APO 6.75 07-31-26
2025-09-30	227	$4.6B	66	1BAC 7.25 PERP L 2WFC 7.5 PERP L 3UBER 0.875 12-01-28 2028 Top holdings2025-09-30 1.BAC 7.25 PERP L 2.WFC 7.5 PERP L 3.UBER 0.875 12-01-28 2028 4.VTR 3.75 06-01-26 5.GPN 1.5 03-01-31 6.MTH 1.75 05-15-28 7.NEE 7.299 06-01-27 8.SPY 9.DUK 4.125 04-15-26 10.APO 6.75 07-31-26
2025-06-30	237	$4.7B	0	1WFC 7.5 PERP L 2BAC 7.25 PERP L 3UBER 0.875 12-01-28 2028 Top holdings2025-06-30 1.WFC 7.5 PERP L 2.BAC 7.25 PERP L 3.UBER 0.875 12-01-28 2028 4.GPN 1.5 03-01-31 5.VTR 3.75 06-01-26 6.MTH 1.75 05-15-28 7.DUK 4.125 04-15-26 8.KKR 6.25 03-01-28 D 9.APO 6.75 07-31-26 10.CMS 3.375 05-01-28
2025-03-31	214	$4.6B	100	1WFC 7.5 PERP L 2BAC 7.25 PERP L 3UBER 0.875 12-01-28 2028 Top holdings2025-03-31 1.WFC 7.5 PERP L 2.BAC 7.25 PERP L 3.UBER 0.875 12-01-28 2028 4.SPY 5.GPN 1.5 03-01-31 6.VTR 3.75 06-01-26 7.CMS 3.375 05-01-28 8.DUK 4.125 04-15-26 9.DXCM 0.375 05-15-28 10.APO 6.75 07-31-26
2024-12-31	209	$4.3B	0	1BAC 7.25 PERP L 2WFC 7.5 PERP L 3UBER 0.875 12-01-28 2028 Top holdings2024-12-31 1.BAC 7.25 PERP L 2.WFC 7.5 PERP L 3.UBER 0.875 12-01-28 2028 4.DXCM 0.375 05-15-28 5.PPL 2.875 03-15-28 6.VTR 3.75 06-01-26 7.CMS 3.375 05-01-28 8.APO 6.75 07-31-26 9.CNP 4.25 08-15-26 10.W 3.25 09-15-27
2024-09-30	227	$4.1B	0	1BAC 7.25 PERP L 2WFC 7.5 PERP L 3DXCM 0.375 05-15-28 Top holdings2024-09-30 1.BAC 7.25 PERP L 2.WFC 7.5 PERP L 3.DXCM 0.375 05-15-28 4.APO 6.75 07-31-26 5.F 0 03-15-26 6.CMS 3.375 05-01-28 7.VTR 3.75 06-01-26 8.CNP 4.25 08-15-26 9.AKAM 1.125 02-15-29 10.W 3.25 09-15-27
2024-06-30	198	$4.2B	0	1BAC 7.25 PERP L 2WFC 7.5 PERP L 3DUK 4.125 04-15-26 Top holdings2024-06-30 1.BAC 7.25 PERP L 2.WFC 7.5 PERP L 3.DUK 4.125 04-15-26 4.F 0 03-15-26 5.CMS 3.375 05-01-28 6.ON 0.5 03-01-29 7.UBER 0 12-15-25 8.VTR 3.75 06-01-26 9.DXCM 0.375 05-15-28 10.APO 6.75 07-31-26
2024-03-31	187	$3.9B	0	1WFC 7.5 PERP L 2BAC 7.25 PERP L 3F 0 03-15-26 Top holdings2024-03-31 1.WFC 7.5 PERP L 2.BAC 7.25 PERP L 3.F 0 03-15-26 4.EXAS 0.375 03-01-28 5.NEE 6.926 09-01-25 6.AFRM 0 11-15-26 7.LUV 1.25 05-01-25 8.SRPT 1.25 09-15-27 9.SNAP 0.75 08-01-26 10.PXD 0.25 05-15-25
2023-12-31	184	$4.4B	0	1WFC 7.5 PERP L 2BAC 7.25 PERP L 3LUV 1.25 05-01-25 Top holdings2023-12-31 1.WFC 7.5 PERP L 2.BAC 7.25 PERP L 3.LUV 1.25 05-01-25 4.AFRM 0 11-15-26 5.SRPT 1.25 09-15-27 6.AAL 6.5 07-01-25 7.BKNG 0.75 05-01-25 8.NEE 6.926 09-01-25 9.NCLH 1.125 02-15-27 10.SNAP 0.75 08-01-26
2023-09-30	201	$4.3B	0	1BAC 7.25 PERP L 2WFC 7.5 PERP L 3LUV 1.25 05-01-25 Top holdings2023-09-30 1.BAC 7.25 PERP L 2.WFC 7.5 PERP L 3.LUV 1.25 05-01-25 4.AFRM 0 11-15-26 5.BKNG 0.75 05-01-25 6.PXD 0.25 05-15-25 7.NEE 6.926 09-01-25 8.DISH 0 12-15-25 9.SNAP 0.75 08-01-26 10.HALO 1 08-15-28
2023-06-30	231	$5.2B	0	1BAC 7.25 PERP L 2LUV 1.25 05-01-25 3WFC 7.5 PERP L Top holdings2023-06-30 1.BAC 7.25 PERP L 2.LUV 1.25 05-01-25 3.WFC 7.5 PERP L 4.AFRM 0 11-15-26 5.NCLH 1.125 02-15-27 6.BKNG 0.75 05-01-25 7.EQT 1.75 05-01-26 8.PXD 0.25 05-15-25 9.SNAP 0.75 08-01-26 10.ENPH 0 03-01-26
2023-03-31	220	$5.3B	0	1BAC 7.25 PERP L 2WFC 7.5 PERP L 3LUV 1.25 05-01-25 Top holdings2023-03-31 1.BAC 7.25 PERP L 2.WFC 7.5 PERP L 3.LUV 1.25 05-01-25 4.F 0 03-15-26 5.WDC 1.5 02-01-24 6.BKNG 0.75 05-01-25 7.SNAP 0.75 08-01-26 8.AFRM 0 11-15-26 9.PXD 0.25 05-15-25 10.EQT 1.75 05-01-26
2022-12-31	253	$5.8B	0	1BAC 7.25 PERP L 2WFC 7.5 PERP L 3LUV 1.25 05-01-25 Top holdings2022-12-31 1.BAC 7.25 PERP L 2.WFC 7.5 PERP L 3.LUV 1.25 05-01-25 4.SPY 5.BKNG 0.75 05-01-25 6.WDC 1.5 02-01-24 7.F 0 03-15-26 8.PXD 0.25 05-15-25 9.EQT 1.75 05-01-26 10.FIVN 0.5 06-01-25
2022-09-30	236	$5.5B	0	1BAC 7.25 PERP L 2LUV 1.25 05-01-25 3BKNG 0.75 05-01-25 Top holdings2022-09-30 1.BAC 7.25 PERP L 2.LUV 1.25 05-01-25 3.BKNG 0.75 05-01-25 4.WFC 7.5 PERP L 5.F 0 03-15-26 6.WDC 1.5 02-01-24 7.PXD 0.25 05-15-25 8.EQT 1.75 05-01-26 9.SPLK 1.125 09-15-25 10.TWTR 0 03-15-26
2022-06-30	250	$5.7B	0	1BAC 7.25 PERP L 2LUV 1.25 05-01-25 3BKNG 0.75 05-01-25 Top holdings2022-06-30 1.BAC 7.25 PERP L 2.LUV 1.25 05-01-25 3.BKNG 0.75 05-01-25 4.PXD 0.25 05-15-25 5.F 0 03-15-26 6.WFC 7.5 PERP L 7.EXPE 0 02-15-26 8.WDC 1.5 02-01-24 9.SPLK 1.125 09-15-25 10.EQT 1.75 05-01-26
2022-03-31	276	$6.3B	0	1BAC 7.25 PERP L 2LUV 1.25 05-01-25 3BKNG 0.75 05-01-25 Top holdings2022-03-31 1.BAC 7.25 PERP L 2.LUV 1.25 05-01-25 3.BKNG 0.75 05-01-25 4.PXD 0.25 05-15-25 5.EXPE 0 02-15-26 6.F 0 03-15-26 7.DISH 3.375 08-15-26 8.WFC 7.5 PERP L 9.EEFT 0.75 03-15-49 10.JAZZ 2 06-15-26
2021-12-31	288	$5.9B	0	1BAC 7.25 PERP L 2LUV 1.25 05-01-25 3BKNG 0.75 05-01-25 Top holdings2021-12-31 1.BAC 7.25 PERP L 2.LUV 1.25 05-01-25 3.BKNG 0.75 05-01-25 4.PXD 0.25 05-15-25 5.DISH 3.375 08-15-26 6.WFC 7.5 PERP L 7.EEFT 0.75 03-15-49 8.KKR 6 09-15-23 C 9.AKAM 0.375 09-01-27 10.JAZZ 2 06-15-26
2021-09-30	271	$5.4B	0	1LUV 1.25 05-01-25 2PXD 0.25 05-15-25 3DISH 3.375 08-15-26 Top holdings2021-09-30 1.LUV 1.25 05-01-25 2.PXD 0.25 05-15-25 3.DISH 3.375 08-15-26 4.BKNG 0.75 05-01-25 5.RNG 0 03-01-25 6.PANW 0.375 06-01-25 7.EEFT 0.75 03-15-49 8.WDC 1.5 02-01-24 9.PEB 1.75 12-15-26 10.W 0.625 10-01-25
2021-06-30	262	$5.1B	100	1PXD 0.25 05-15-25 2LUV 1.25 05-01-25 3DISH 3.375 08-15-26 Top holdings2021-06-30 1.PXD 0.25 05-15-25 2.LUV 1.25 05-01-25 3.DISH 3.375 08-15-26 4.PANW 0.375 06-01-25 5.BKNG 0.75 05-01-25 6.RNG 0 03-01-25 7.WDC 1.5 02-01-24 8.DXCM 0.25 11-15-25 9.EEFT 0.75 03-15-49 10.SWK 5.25 11-15-22
2021-03-31	254	$4.6B	42	1LUV 1.25 05-01-25 2DISH 3.375 08-15-26 3WDC 1.5 02-01-24 Top holdings2021-03-31 1.LUV 1.25 05-01-25 2.DISH 3.375 08-15-26 3.WDC 1.5 02-01-24 4.PEB 1.75 12-15-26 5.EEFT 0.75 03-15-49 6.AKAM 0.375 09-01-27 7.SWK 5.25 11-15-22 8.LITE 0.5 12-15-26 9.WDAY 0.25 10-01-22 10.MNDT 0.875 06-01-24
2020-12-31	200	$4.7B	44	1LUV 1.25 05-01-25 2AKAM 0.375 09-01-27 3FTV 0.875 02-15-22 Top holdings2020-12-31 1.LUV 1.25 05-01-25 2.AKAM 0.375 09-01-27 3.FTV 0.875 02-15-22 4.EEFT 0.75 03-15-49 5.PFPT 0.25 08-15-24 6.DISH 3.375 08-15-26 7.BMRN 0.599 08-01-24 8.ILMN 0 08-15-23 9.SWK 5.25 11-15-22 10.TWTR 0.25 06-15-24
2020-09-30	175	$4.5B	32	1LUV 1.25 05-01-25 2BAC 7.25 PERP L 3WFC 7.5 PERP L Top holdings2020-09-30 1.LUV 1.25 05-01-25 2.BAC 7.25 PERP L 3.WFC 7.5 PERP L 4.FTV 0.875 02-15-22 5.WDC 1.5 02-01-24 6.EEFT 0.75 03-15-49 7.PFPT 0.25 08-15-24 8.BKNG 0.9 09-15-21 9.DISH 3.375 08-15-26 10.TWTR 0.25 06-15-24
2020-06-30	174	$4.3B	39	1LUV 1.25 05-01-25 2BAC 7.25 PERP L 3WFC 7.5 PERP L Top holdings2020-06-30 1.LUV 1.25 05-01-25 2.BAC 7.25 PERP L 3.WFC 7.5 PERP L 4.WDC 1.5 02-01-24 5.FTV 0.875 02-15-22 6.DISH 3.375 08-15-26 7.EEFT 0.75 03-15-49 8.PANW 0.75 07-01-23 9.BKNG 0.9 09-15-21 10.TWTR 0.25 06-15-24
2020-03-31	200	$4.6B	43	1BAC 7.25 PERP L 2WFC 7.5 PERP L 3FTV 0.875 02-15-22 Top holdings2020-03-31 1.BAC 7.25 PERP L 2.WFC 7.5 PERP L 3.FTV 0.875 02-15-22 4.WDC 1.5 02-01-24 5.PANW 0.75 07-01-23 6.TWTR 0.25 06-15-24 7.BKNG 0.9 09-15-21 8.DISH 3.375 08-15-26 9.ILMN 0.5 06-15-21 10.EEFT 0.75 03-15-49
2019-12-31	215	$5.2B	28	1PANW 0.75 07-01-23 2BAC 7.25 PERP L 3WFC 7.5 PERP L Top holdings2019-12-31 1.PANW 0.75 07-01-23 2.BAC 7.25 PERP L 3.WFC 7.5 PERP L 4.WDC 1.5 02-01-24 5.TWTR 0.25 06-15-24 6.ILMN 0.5 06-15-21 7.BKNG 0.9 09-15-21 8.BMRN 0.599 08-01-24 9.PSTG 0.125 04-15-23 10.AVGO 8 09-30-22 A
2019-09-30	216	$5.3B	38	1WFC 7.5 PERP L 2PANW 0.75 07-01-23 3BAC 7.25 PERP L Top holdings2019-09-30 1.WFC 7.5 PERP L 2.PANW 0.75 07-01-23 3.BAC 7.25 PERP L 4.WDC 1.5 02-01-24 5.TWTR 0.25 06-15-24 6.MCHP 1.625 02-15-27 7.BKNG 0.9 09-15-21 8.ILMN 0 08-15-23 9.SPLK 0.5 09-15-23 10.BMRN 0.599 08-01-24
2019-06-30	203	$5.2B	39	1WFC 7.5 PERP L 2BKNG 0.9 09-15-21 3BAC 7.25 PERP L Top holdings2019-06-30 1.WFC 7.5 PERP L 2.BKNG 0.9 09-15-21 3.BAC 7.25 PERP L 4.TWTR 0.25 06-15-24 5.AKAM 0.125 05-01-25 6.VRNT 1.5 06-01-21 7.ILMN 0.5 06-15-21 8.DISH 3.375 08-15-26 9.MCHP 1.625 02-15-27 10.BMRN 0.599 08-01-24
2019-03-31	218	$4.5B	35	1WFC 7.5 PERP L 2BKNG 0.9 09-15-21 3BAC 7.25 PERP L Top holdings2019-03-31 1.WFC 7.5 PERP L 2.BKNG 0.9 09-15-21 3.BAC 7.25 PERP L 4.ILMN 0.5 06-15-21 5.VRNT 1.5 06-01-21 6.MCHP 1.625 02-15-27 7.ARCC 3.75 02-01-22 8.TCOM 1 07-01-20 9.BMRN 0.599 08-01-24 10.SYNA 0.5 06-15-22
2018-12-31	252	$4.1B	34	1WFC 7.5 PERP L 2BAC 7.25 PERP L 3BKNG 0.9 09-15-21 Top holdings2018-12-31 1.WFC 7.5 PERP L 2.BAC 7.25 PERP L 3.BKNG 0.9 09-15-21 4.TCOM 1 07-01-20 5.ARCC 3.75 02-01-22 6.SYNA 0.5 06-15-22 7.DY 0.75 09-15-21 8.VRNT 1.5 06-01-21 9.BMRN 0.599 08-01-24 10.ELV 2.75 10-15-42
2018-09-30	331	$4.9B	42	1WFC 7.5 PERP L 2BAC 7.25 PERP L 3BKNG 0.9 09-15-21 Top holdings2018-09-30 1.WFC 7.5 PERP L 2.BAC 7.25 PERP L 3.BKNG 0.9 09-15-21 4.TCOM 1 07-01-20 5.SYNA 0.5 06-15-22 6.VRNT 1.5 06-01-21 7.ARCC 3.75 02-01-22 8.BMRN 0.599 08-01-24 9.DISH 3.375 08-15-26 10.EXE 5.5 09-15-26
2018-06-30	289	$4.8B	36	1AABA 0 12-01-18 2WFC 7.5 PERP L 3TCOM 1 07-01-20 Top holdings2018-06-30 1.AABA 0 12-01-18 2.WFC 7.5 PERP L 3.TCOM 1 07-01-20 4.INTC 3.25 08-01-39 5.SYNA 0.5 06-15-22 6.BDX 6.125 05-01-20 A 7.EXAS 1 01-15-25 8.TWTR 1 09-15-21 9.MCHP 1.625 02-15-27 10.CTXS 0.5 04-15-19
2018-03-31	274	$5.1B	43	1AABA 0 12-01-18 2CTXS 0.5 04-15-19 3INTC 3.25 08-01-39 Top holdings2018-03-31 1.AABA 0 12-01-18 2.CTXS 0.5 04-15-19 3.INTC 3.25 08-01-39 4.LMCA 2.25 09-30-46 5.WMGI 2 02-15-20 6.TWTR 1 09-15-21 7.WFC 7.5 PERP L 8.MCHP 1.625 02-15-27 9.BKNG 0.9 09-15-21 10.MU 3 11-15-43 G
2017-12-31	265	$5.2B	31	1AABA 0 12-01-18 2WFC 7.5 PERP L 3CTXS 0.5 04-15-19 Top holdings2017-12-31 1.AABA 0 12-01-18 2.WFC 7.5 PERP L 3.CTXS 0.5 04-15-19 4.WMGI 2 02-15-20 5.ILMN 0.5 06-15-21 6.LMCA 2.25 09-30-46 7.WFRD 5.875 07-01-21 8.BKNG 0.35 06-15-20 9.DISH 3.375 08-15-26 10.MU 3 11-15-43 G
2017-09-30	297	$5.3B	31	1AABA 0 12-01-18 2BKNG 0.35 06-15-20 3ILMN 0.5 06-15-21 Top holdings2017-09-30 1.AABA 0 12-01-18 2.BKNG 0.35 06-15-20 3.ILMN 0.5 06-15-21 4.WFC 7.5 PERP L 5.WMGI 2 02-15-20 6.WFRD 5.875 07-01-21 7.MU 3 11-15-43 G 8.TCOM 1 07-01-20 9.JAZZ 1.875 08-15-21 10.INTC 2.95 12-15-35
2017-06-30	310	$5.2B	30	1AABA 0 12-01-18 2MU 3 11-15-43 G 3BKNG 0.35 06-15-20 Top holdings2017-06-30 1.AABA 0 12-01-18 2.MU 3 11-15-43 G 3.BKNG 0.35 06-15-20 4.ILMN 0.5 06-15-21 5.WMGI 2 02-15-20 6.WFC 7.5 PERP L 7.TCOM 1 07-01-20 8.WFRD 5.875 07-01-21 9.JAZZ 1.875 08-15-21 10.TWTR 1 09-15-21
2017-03-31	267	$5.3B	27	1MU 3 11-15-43 G 2BKNG 0.35 06-15-20 3AABA 0 12-01-18 Top holdings2017-03-31 1.MU 3 11-15-43 G 2.BKNG 0.35 06-15-20 3.AABA 0 12-01-18 4.ILMN 0.5 06-15-21 5.WMGI 2 02-15-20 6.TCOM 1 07-01-20 7.INTC 2.95 12-15-35 8.JAZZ 1.875 08-15-21 9.TWTR 0.25 09-15-19 10.ON 1 12-01-20
2016-12-31	320	$5.4B	46	1MU 3 11-15-43 G 2BKNG 0.35 06-15-20 3AABA 0 12-01-18 Top holdings2016-12-31 1.MU 3 11-15-43 G 2.BKNG 0.35 06-15-20 3.AABA 0 12-01-18 4.WMGI 2 02-15-20 5.INTC 2.95 12-15-35 6.TWTR 1 09-15-21 7.LRCX 1.25 05-15-18 8.TCOM 1 07-01-20 9.ILMN 0.5 06-15-21 10.TWTR 0.25 09-15-19
2016-09-30	512	$6.9B	34	1WFC 7.5 PERP L 2AABA 0 12-01-18 3AMG 5.15 10-15-37 Top holdings2016-09-30 1.WFC 7.5 PERP L 2.AABA 0 12-01-18 3.AMG 5.15 10-15-37 4.BKNG 0.35 06-15-20 5.TCOM 1 07-01-20 6.WMGI 2 02-15-20 7.INTC 2.95 12-15-35 8.MU 3 11-15-43 G 9.NXPI 1 12-01-19 10.TWTR 1 09-15-21
2016-06-30	494	$6.5B	41	1WFC 7.5 PERP L 2BKNG 0.35 06-15-20 3AABA 0 12-01-18 Top holdings2016-06-30 1.WFC 7.5 PERP L 2.BKNG 0.35 06-15-20 3.AABA 0 12-01-18 4.AMG 5.15 10-15-37 5.TCOM 1 07-01-20 6.LRCX 1.25 05-15-18 7.INTC 2.95 12-15-35 8.RHT 0.25 10-01-19 9.NOW 0 11-01-18 10.CTXS 0.5 04-15-19
2016-03-31	466	$6.5B	36	1BKNG 0.35 06-15-20 2WFC 7.5 PERP L 3CTXS 0.5 04-15-19 Top holdings2016-03-31 1.BKNG 0.35 06-15-20 2.WFC 7.5 PERP L 3.CTXS 0.5 04-15-19 4.AABA 0 12-01-18 5.AMG 5.15 10-15-37 6.RHT 0.25 10-01-19 7.INTC 2.95 12-15-35 8.ILMN 0.5 06-15-21 9.HOLX 0 12-15-43 10.22943F
2015-12-31	489	$6.5B	36	1AABA 0 12-01-18 2WFC 7.5 PERP L 3CTXS 0.5 04-15-19 Top holdings2015-12-31 1.AABA 0 12-01-18 2.WFC 7.5 PERP L 3.CTXS 0.5 04-15-19 4.BKNG 0.35 06-15-20 5.AMG 5.15 10-15-37 6.INTC 2.95 12-15-35 7.HOLX 0 12-15-43 8.JAH 1.125 03-15-34 9.MU 3 11-15-43 G 10.RHT 0.25 10-01-19
2015-09-30	541	$6.5B	39	1CTXS 0.5 04-15-19 2AABA 0 12-01-18 3WFC 7.5 PERP L Top holdings2015-09-30 1.CTXS 0.5 04-15-19 2.AABA 0 12-01-18 3.WFC 7.5 PERP L 4.INTC 2.95 12-15-35 5.HOLX 0 12-15-43 6.SNDK 0.5 10-15-20 7.BKNG 0.35 06-15-20 8.MU 3 11-15-43 G 9.AMG 5.15 10-15-37 10.ICON 2.5 06-01-16
2015-06-30	543	$7.0B	38	1AABA 0 12-01-18 2WFC 7.5 PERP L 3CTXS 0.5 04-15-19 Top holdings2015-06-30 1.AABA 0 12-01-18 2.WFC 7.5 PERP L 3.CTXS 0.5 04-15-19 4.966387 5.TCOM 1.25 10-15-18 6.BKNG 1 03-15-18 7.SNDK 0.5 10-15-20 8.AMG 5.15 10-15-37 9.AKAM 0 02-15-19 10.90184L
2015-03-31	487	$6.9B	40	1AABA 0 12-01-18 2WFC 7.5 PERP L390184L Top holdings2015-03-31 1.AABA 0 12-01-18 2.WFC 7.5 PERP L 3.90184L 4.AKAM 0 02-15-19 5.756577 6.CTXS 0.5 04-15-19 7.966387 8.SUNE 0.25 01-15-20 9.TCOM 1.25 10-15-18 10.CNP 3.36916 09-15-29
2014-12-31	486	$6.8B	55	11773762WFC 7.5 PERP L 3BKNG 1 03-15-18 Top holdings2014-12-31 1.177376 2.WFC 7.5 PERP L 3.BKNG 1 03-15-18 4.756577 5.90184L 6.AABA 0 12-01-18 7.TCOM 1.25 10-15-18 8.MU 3 11-15-43 G 9.INTC 2.95 12-15-35 10.CNP 3.36916 09-15-29
2014-09-30	467	$6.5B	12	11773762BKNG 1 03-15-18 3MU 3 11-15-43 G Top holdings2014-09-30 1.177376 2.BKNG 1 03-15-18 3.MU 3 11-15-43 G 4.984332 5.MGM 4.25 04-15-15 6.BMRN 0.75 10-15-18 7.471109 8.GILD 1.625 05-01-16 D 9.JEF 10.RTX 7.5 08-01-15
2014-06-30	463	$6.7B	70	11773762MU 3 11-15-43 G 3BKNG 1 03-15-18 Top holdings2014-06-30 1.177376 2.MU 3 11-15-43 G 3.BKNG 1 03-15-18 4.984332 5.CLWR 8.25 12-01-40 144A 6.BMRN 0.75 10-15-18 7.471109 8.MGM 4.25 04-15-15 9.GILD 1.625 05-01-16 D 10.JEF
2014-03-31	444	$6.4B	100	19843322CLWR 8.25 12-01-40 144A 3BKNG 1 03-15-18 Top holdings2014-03-31 1.984332 2.CLWR 8.25 12-01-40 144A 3.BKNG 1 03-15-18 4.MU 3 11-15-43 G 5.PLD 3.25 03-15-15 * 6.GILD 1.625 05-01-16 D 7.CIEN 0.875 06-15-17 8.FCE 4.25 08-15-18 9.67066G 10.SITC 1.75 11-15-40
2013-12-31	602	$7.9M	100	1GLENLN 5 12-31-1429843323CLWR 8.25 12-01-40 144A Top holdings2013-12-31 1.GLENLN 5 12-31-14 2.984332 3.CLWR 8.25 12-01-40 144A 4.PLD 3.25 03-15-15 * 5.BKNG 1 03-15-18 6.ADM 0.875 02-15-14 7.MU 3 11-15-43 G 8.GILD 1.625 05-01-16 D 9.MGM 4.25 04-15-15 10.X 4 05-15-14
2013-09-30	594	$7.4B	52	1GLENLN 5 12-31-14 2BKNG 1 03-15-18 3BXP 3.625 02-15-14 144A Top holdings2013-09-30 1.GLENLN 5 12-31-14 2.BKNG 1 03-15-18 3.BXP 3.625 02-15-14 144A 4.CLWR 8.25 12-01-40 144A 5.NEM 1.625 07-15-17 B 6.HENGAN 0 06-27-18 7.DELL 1.75 12-01-13 B 8.GILD 1.625 05-01-16 D 9.WBMD 2.5 01-31-18 10.BAC 7.25 PERP L
2013-06-30	554	$6.4B	—	1BKNG 1 03-15-18 2GLENLN 5 12-31-14 3MGM 4.25 04-15-15 Top holdings2013-06-30 1.BKNG 1 03-15-18 2.GLENLN 5 12-31-14 3.MGM 4.25 04-15-15 4.BXP 3.625 02-15-14 144A 5.FCE 4.25 08-15-18 6.WFC 7.5 PERP L 7.WBMD 2.5 01-31-18 8.605056 9.DELL 1.75 12-01-13 B 10.GILD 1.625 05-01-16 D

Holding changes this quarter

Advent Capital Management /de/'s most significant position changes for 2026-03-31: Sold out: Tyler Technologies INC (TYL 0.25 03-15-26); Sold out: Workiva INC (WK 1.25 08-15-28); Sold out: Cisco Systems INC (CSCO); Sold out: Ford Motor Company (F 0 03-15-26); Sold out: Expedia Group INC (EXPE 0 02-15-26).

Position changes disclosed by Advent Capital Management /de/ for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	DDOG 0 12-01-29	Datadog INC	+1.4%	+110.42%	Add
2	AVAV 0 07-15-30	Aerovironment INC	+1.1%	+188.94%	Add
3	BAC 7.25 PERP L	Bank Of America CORP	+1%	-5.17%	Trim
4	GWRE 1.25 11-01-29	Guidewire Software INC	+0.8%	+229.33%	Add
5	RIVN 3.625 10-15-30	Rivian Auto INC	+0.8%	+438.77%	Add
6	WDC 3 11-15-28	Western Digital CORP	+0.8%	+63.53%	Add
7	SO 7.125 12-15-28 A	Southern Co	+0.7%	+22.29%	Add
8	MSTR 0.875 03-15-31	Strategy INC	+0.6%	+307.89%	Add
9	MCHP 7.5 03-15-28	Microchip Technology INC	+0.6%	+43.55%	Add
10	RUN 4 03-01-30	Sunrun INC	+0.5%	+141.62%	Add
11	GPN 1.5 03-01-31	Global Payments INC	+0.3%	-16.31%	Trim
12	UBER 0.875 12-01-28 2028	Uber Technologies INC	+0.2%	-16.53%	Trim
13	KKR 6.25 03-01-28 D	Kkr & Co INC	+0.2%	+2.38%	Add
14	APO 6.75 07-31-26	Apollo Global Management	+0.2%	+2.02%	Add
15	CNP 4.25 08-15-26	Centerpoint Energy INC	+0.1%	-29.67%	Trim
16	DKNG 0 03-15-28	Draftkings Holdings INC	-0.1%	-33.41%	Trim
17	FIVN 1 03-15-29	Five9 INC	-0.2%	-47.95%	Trim
18	FOUR 6 05-01-28	Shift4 Payments INC	-0.2%	-23.55%	Trim
19	NOG 3.625 04-15-29	Northern Oil & Gas INC	-0.2%	-55.07%	Trim
20	UPWK 0.25 08-15-26	Upwork INC	-0.2%	-50.98%	Trim
21	NOVT 6.5 11-01-28	Novanta INC	-0.2%	-50.58%	Trim
22	WK 1.125 08-15-26	Workiva INC	-0.2%	-77.08%	Trim
23	EVH 3.5 12-01-29	Evolent Health INC	-0.3%	-88.68%	Trim
24	NEE 3 03-01-27	Nextera Energy Capital	-0.3%	-46.04%	Trim
25	XYZ 0.25 11-01-27	Block INC	-0.4%	-83.62%	Trim
26	FOUR 0.5 08-01-27	Shift4 Payments INC	-0.4%	-90.37%	Trim
27	PRGS 3.5 03-01-30	Progress Software CORP	-0.5%	-59.31%	Trim
28	BL 1 06-01-29	Blackline INC	-0.5%	-92.09%	Trim
29	ON 0 05-01-27	On Semiconductor CORP	-0.6%	-88.34%	Trim
30	DUK 4.125 04-15-26	Duke Energy CORP	-0.6%	-59.98%	Trim
31	QTWO 0.75 06-01-26	Q2 Holdings INC	-0.6%	-90.45%	Trim
32	LYV 2.875 01-15-30	Live Nation Entertainmen	-0.7%	-61.98%	Trim
33	MTH 1.75 05-15-28	Meritage Homes CORP	-0.7%	-49.74%	Trim
34	NTNX 0.25 10-01-27	Nutanix INC	-0.7%	-82.33%	Trim
35	BOX 1.5 09-15-29	Box INC	-1%	-99.77%	Trim
36	WFC 7.5 PERP L	Wells Fargo & Company	-3.4%	-5.95%	Trim
37	SPY	Ss Spdr S&p 500 ETF Trust-us	-5.6%	-60.17%	Trim
38	TYL 0.25 03-15-26	Tyler Technologies INC	—	EXIT	Sold out
39	WK 1.25 08-15-28	Workiva INC	—	EXIT	Sold out
40	CSCO	Cisco Systems INC	—	EXIT	Sold out
41	F 0 03-15-26	Ford Motor Company	—	EXIT	Sold out
42	EXPE 0 02-15-26	Expedia Group INC	—	EXIT	Sold out
43	VERX 0.75 05-01-29	Vertex INC	—	EXIT	Sold out
44	VRNS 1 09-15-29	Varonis System INC	—	EXIT	Sold out
45	JBLU 2.5 09-01-29	Jetblue Airways CORP	—	NEW	New buy
46	COIN 0.5 06-01-26	Coinbase Global INC	—	EXIT	Sold out
47	TNDM 1.5 03-15-29 2024	Tandem Diabetes Care INC	—	EXIT	Sold out
48	SPOT 0 03-15-26	Spotify USA INC	—	EXIT	Sold out
49	GH 0 11-15-27	Guardant Health INC	—	NEW	New buy
50	MARA 0 06-01-31	Mara Holdings INC	—	EXIT	Sold out

FAQ

What is Advent Capital Management /de/ and what type of investor is it?

Advent Capital Management /de/ is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $3.6B, spread across 215 disclosed positions.

What are Advent Capital Management /de/'s largest equity positions?

Based on the latest 13F filing, Advent Capital Management /de/'s top holdings by market value are: 1. Ss Spdr S&p 500 ETF Trust-us (SPY) — $222.7M (6.1%) 2. Bank Of America CORP (BAC 7.25 PERP L) — $178.0M (4.9%) 3. Uber Technologies INC (UBER 0.875 12-01-28 2028) — $143.3M (4.0%) 4. Nextera Energy INC (NEE 7.299 06-01-27) — $109.5M (3.0%) 5. Ventas Realty LP (VTR 3.75 06-01-26) — $92.9M (2.6%)

What changes did Advent Capital Management /de/ make in its most recent portfolio filing?

In the latest reported quarter, Advent Capital Management /de/ made 50 notable position adjustments: 2 new positions were initiated, 11 existing holdings were added to, 26 positions were partially reduced, and 11 were completely exited. The largest of these moves: Sold out: Tyler Technologies INC (TYL 0.25 03-15-26); Sold out: Workiva INC (WK 1.25 08-15-28); Sold out: Cisco Systems INC (CSCO); Sold out: Ford Motor Company (F 0 03-15-26); Sold out: Expedia Group INC (EXPE 0 02-15-26)

What sectors does Advent Capital Management /de/ focus on?

Advent Capital Management /de/ is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 22.5% • Utilities: 20.8% • Financials: 18.6% • Industrials: 14.6% • Consumer Discretionary: 9.0% • Health Care: 7.1%