ADVENT CAPITAL MANAGEMENT /DE/

Filed: 11/13/2023ACC: 0001140361-23-052942

📋 What this filing means

ADVENT CAPITAL MANAGEMENT /DE/ filed this quarterly 13F‑HR report disclosing 197 equity positions with a total reported market value of $4.30B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

197

Positions

$4.30B

Total AUM (reported)

3.97B

Total Shares

Allocation by class

CONV$3.66B85.2%

CONV PFD$553.11M12.9%

COM$83.58M1.9%

Portfolio Concentration

Top 3$553.24M12.9%

4–10$570.33M13.3%

11–25$854.37M19.9%

Rest$2.32B54.0%

Top 3 weight

12.9%

Top 10 weight

26.1%

Voting Authority Distribution

Total shares with voting rights: 3.97B

Sole

Full voting authority

2.70B

% of voting shares67.9%

Shared

Joint voting authority

151.12M

% of voting shares3.8%

None

No voting authority

1.12B

% of voting shares28.3%

Investment Discretion (by position count)

Sole197

Shared0

Other0

Dominant voting typeSole · 67.9% of voting shares

Institutional Holdings197

Rows:

BANK OF AMERICA CORP

SOLE

CONV PFD

Shares179.40K

TypeSH

Market value$200.03M

4.65%

Sole

128.12K

Shared

4.78K

None

46.50K

WELLS FARGO & COMPANY

SOLE

CONV PFD

Shares179.12K

TypeSH

Market value$199.99M

4.65%

Sole

124.62K

Shared

5.57K

None

48.93K

SOUTHWEST AIRLINES CO

SOLE

CONV

Shares153.80M

TypePRN

Market value$153.22M

3.56%

Sole

134.36M

Shared

89K

None

19.35M

AFFIRM HOLDINGS INC

SOLE

CONV

Shares135.77M

TypePRN

Market value$102.01M

2.37%

Sole

99M

Shared

6.23M

None

30.54M

BOOKING HOLDINGS INC

SOLE

CONV

Shares55.43M

TypePRN

Market value$92.84M

2.16%

Sole

52.05M

Shared

0.00

None

3.38M

PIONEER NATURAL RESOURCE

SOLE

CONV

Shares33.96M

TypePRN

Market value$83.35M

1.94%

Sole

30.95M

Shared

0.00

None

3.01M

NEXTERA ENERGY INC

SOLE

CONV PFD

Shares2.03M

TypeSH

Market value$76.81M

1.79%

Sole

1.76M

Shared

0.00

None

273.96K

DISH NETWORK CORP

SOLE

CONV

Shares110.35M

TypePRN

Market value$74.21M

1.73%

Sole

67.85M

Shared

5.06M

None

37.45M

SNAP INC

SOLE

CONV

Shares81.05M

TypePRN

Market value$71.30M

1.66%

Sole

48.41M

Shared

5.01M

None

27.63M

HALOZYME THERAPEUTICS IN

SOLE

CONV

Shares74.35M

TypePRN

Market value$69.80M

1.62%

Sole

53.77M

Shared

174K

None

20.41M

EQT CORP

SOLE

CONV

Shares24.95M

TypePRN

Market value$69.37M

1.61%

Sole

22.86M

Shared

0.00

None

2.09M

NCL CORPORATION LTD

SOLE

CONV

Shares81.01M

TypePRN

Market value$67.44M

1.57%

Sole

49.44M

Shared

3.43M

None

28.14M

SHIFT4 PAYMENTS INC

SOLE

CONV

Shares66.40M

TypePRN

Market value$65.67M

1.53%

Sole

55.10M

Shared

1.16M

None

10.13M

DIGITALOCEAN HOLDINGS

SOLE

CONV

Shares85.16M

TypePRN

Market value$65.53M

1.52%

Sole

53.61M

Shared

3.89M

None

27.67M

DRAFTKINGS HOLDINGS INC

SOLE

CONV

Shares78.48M

TypePRN

Market value$60.16M

1.40%

Sole

45.90M

Shared

4.37M

None

28.21M

PELOTON INTERACTIVE INC

SOLE

CONV

Shares78.66M

TypePRN

Market value$59.58M

1.39%

Sole

52.43M

Shared

5.37M

None

20.85M

JETBLUE AIRWAYS CORP

SOLE

CONV

Shares74.91M

TypePRN

Market value$58.28M

1.36%

Sole

43.47M

Shared

2.96M

None

28.47M

EXACT SCIENCES CORP

SOLE

CONV

Shares64.75M

TypePRN

Market value$56.21M

1.31%

Sole

40.86M

Shared

3.17M

None

20.72M

BILL HOLDINGS INC

SOLE

CONV

Shares53.48M

TypePRN

Market value$54.01M

1.26%

Sole

36.23M

Shared

1.89M

None

15.36M

ALTERYX INC

SOLE

CONV

Shares60.14M

TypePRN

Market value$53.60M

1.25%

Sole

32.83M

Shared

2.52M

None

24.80M

EXPEDIA GROUP INC

SOLE

CONV

Shares59.24M

TypePRN

Market value$51.77M

1.20%

Sole

45.74M

Shared

113K

None

13.39M

BLOCK INC

SOLE

CONV

Shares53M

TypePRN

Market value$49.45M

1.15%

Sole

34.73M

Shared

2.21M

None

16.05M

UNITY SOFTWARE INC

SOLE

CONV

Shares60.59M

TypePRN

Market value$48.26M

1.12%

Sole

37.32M

Shared

2.98M

None

20.29M

SOLAR EDGE TECHNOLOGIES

SOLE

CONV

Shares52.23M

TypePRN

Market value$47.87M

1.11%

Sole

27.37M

Shared

3.39M

None

21.47M

JAZZ INVESTMENTS I LTD

SOLE

CONV

Shares46.12M

TypePRN

Market value$47.19M

1.10%

Sole

30.47M

Shared

119K

None

15.54M

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	Shared	None
BANK OF AMERICA CORPSOLE	CONV PFD	179.40K	SH	$200.03M 4.65%	128.12K	4.78K	46.50K
WELLS FARGO & COMPANYSOLE	CONV PFD	179.12K	SH	$199.99M 4.65%	124.62K	5.57K	48.93K
SOUTHWEST AIRLINES COSOLE	CONV	153.80M	PRN	$153.22M 3.56%	134.36M	89K	19.35M
AFFIRM HOLDINGS INCSOLE	CONV	135.77M	PRN	$102.01M 2.37%	99M	6.23M	30.54M
BOOKING HOLDINGS INCSOLE	CONV	55.43M	PRN	$92.84M 2.16%	52.05M	0.00	3.38M
PIONEER NATURAL RESOURCESOLE	CONV	33.96M	PRN	$83.35M 1.94%	30.95M	0.00	3.01M
NEXTERA ENERGY INCSOLE	CONV PFD	2.03M	SH	$76.81M 1.79%	1.76M	0.00	273.96K
DISH NETWORK CORPSOLE	CONV	110.35M	PRN	$74.21M 1.73%	67.85M	5.06M	37.45M
SNAP INCSOLE	CONV	81.05M	PRN	$71.30M 1.66%	48.41M	5.01M	27.63M
HALOZYME THERAPEUTICS INSOLE	CONV	74.35M	PRN	$69.80M 1.62%	53.77M	174K	20.41M
EQT CORPSOLE	CONV	24.95M	PRN	$69.37M 1.61%	22.86M	0.00	2.09M
NCL CORPORATION LTDSOLE	CONV	81.01M	PRN	$67.44M 1.57%	49.44M	3.43M	28.14M
SHIFT4 PAYMENTS INCSOLE	CONV	66.40M	PRN	$65.67M 1.53%	55.10M	1.16M	10.13M
DIGITALOCEAN HOLDINGSSOLE	CONV	85.16M	PRN	$65.53M 1.52%	53.61M	3.89M	27.67M
DRAFTKINGS HOLDINGS INCSOLE	CONV	78.48M	PRN	$60.16M 1.40%	45.90M	4.37M	28.21M
PELOTON INTERACTIVE INCSOLE	CONV	78.66M	PRN	$59.58M 1.39%	52.43M	5.37M	20.85M
JETBLUE AIRWAYS CORPSOLE	CONV	74.91M	PRN	$58.28M 1.36%	43.47M	2.96M	28.47M
EXACT SCIENCES CORPSOLE	CONV	64.75M	PRN	$56.21M 1.31%	40.86M	3.17M	20.72M
BILL HOLDINGS INCSOLE	CONV	53.48M	PRN	$54.01M 1.26%	36.23M	1.89M	15.36M
ALTERYX INCSOLE	CONV	60.14M	PRN	$53.60M 1.25%	32.83M	2.52M	24.80M
EXPEDIA GROUP INCSOLE	CONV	59.24M	PRN	$51.77M 1.20%	45.74M	113K	13.39M
BLOCK INCSOLE	CONV	53M	PRN	$49.45M 1.15%	34.73M	2.21M	16.05M
UNITY SOFTWARE INCSOLE	CONV	60.59M	PRN	$48.26M 1.12%	37.32M	2.98M	20.29M
SOLAR EDGE TECHNOLOGIESSOLE	CONV	52.23M	PRN	$47.87M 1.11%	27.37M	3.39M	21.47M
JAZZ INVESTMENTS I LTDSOLE	CONV	46.12M	PRN	$47.19M 1.10%	30.47M	119K	15.54M

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