ADVENT CAPITAL MANAGEMENT /DE/

Filed: 5/14/2024ACC: 0001140361-24-025915

📋 What this filing means

ADVENT CAPITAL MANAGEMENT /DE/ filed this quarterly 13F‑HR report disclosing 185 equity positions with a total reported market value of $3.93B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

185

Positions

$3.93B

Total AUM (reported)

3.19B

Total Shares

Allocation by class

CONV$3.22B81.9%

CONV PFD$641.51M16.3%

COM$70.51M1.8%

Portfolio Concentration

Top 3$578.71M14.7%

4–10$576.47M14.7%

11–25$939.91M23.9%

Rest$1.84B46.7%

Top 3 weight

14.7%

Top 10 weight

29.4%

Voting Authority Distribution

Total shares with voting rights: 3.19B

Sole

Full voting authority

2.08B

% of voting shares65.3%

Shared

Joint voting authority

97.44M

% of voting shares3.1%

None

No voting authority

1.01B

% of voting shares31.7%

Investment Discretion (by position count)

Sole185

Shared0

Other0

Dominant voting typeSole · 65.3% of voting shares

Institutional Holdings185

Rows:

WELLS FARGO CO NEW

SOLE

CONV PFD

Shares184.76K

TypeSH

Market value$227.11M

5.77%

Sole

125.85K

Shared

4.10K

None

54.81K

BANK AMERICA CORP

SOLE

CONV PFD

Shares181.78K

TypeSH

Market value$218.47M

5.55%

Sole

128.10K

Shared

3.48K

None

50.19K

FORD MTR CO DEL

SOLE

CONV

Shares127.75M

TypePRN

Market value$133.14M

3.38%

Sole

84.05M

Shared

2.86M

None

40.83M

EXACT SCIENCES CORP

SOLE

CONV

Shares94.30M

TypePRN

Market value$87.48M

2.22%

Sole

44.90M

Shared

3.98M

None

45.42M

NEXTERA ENERGY INC

SOLE

CONV PFD

Shares2.18M

TypeSH

Market value$87.08M

2.21%

Sole

1.95M

Shared

0.00

None

239.05K

AFFIRM HOLDINGS INC

SOLE

CONV

Shares101.11M

TypePRN

Market value$84.44M

2.15%

Sole

67.81M

Shared

4.43M

None

28.87M

SOUTHWEST AIRLS CO

SOLE

CONV

Shares82M

TypePRN

Market value$84.05M

2.14%

Sole

75.11M

Shared

0.00

None

6.89M

SAREPTA THERAPEUTICS INC

SOLE

CONV

Shares69.90M

TypePRN

Market value$81.88M

2.08%

Sole

51.87M

Shared

1.45M

None

16.58M

SNAP INC

SOLE

CONV

Shares79.60M

TypePRN

Market value$76.98M

1.96%

Sole

47.64M

Shared

4.24M

None

27.72M

PIONEER NAT RES CO

SOLE

CONV

Shares25.84M

TypePRN

Market value$74.56M

1.89%

Sole

23.39M

Shared

0.00

None

2.45M

EXPEDIA GROUP INC

SOLE

CONV

Shares78.75M

TypePRN

Market value$73.47M

1.87%

Sole

57.18M

Shared

2.50M

None

19.07M

BOOKING HOLDINGS INC

SOLE

CONV

Shares37.05M

TypePRN

Market value$72.29M

1.84%

Sole

34.19M

Shared

0.00

None

2.87M

AMERICAN AIRLINES GROUP

SOLE

CONV

Shares61M

TypePRN

Market value$71.87M

1.83%

Sole

40.08M

Shared

1.70M

None

19.22M

APOLLO GLOBAL MGMT INC

SOLE

CONV PFD

Shares1.10M

TypeSH

Market value$70.99M

1.80%

Sole

976.83K

Shared

0.00

None

119.67K

UBER TECHNOLOGIES INC

SOLE

CONV

Shares62.01M

TypePRN

Market value$69.93M

1.78%

Sole

30.93M

Shared

2.70M

None

28.38M

MARRIOTT VACATIONS WORLDWIDE

SOLE

CONV

Shares71.38M

TypePRN

Market value$68.13M

1.73%

Sole

49.49M

Shared

1.81M

None

20.07M

DIGITALOCEAN HLDGS INC

SOLE

CONV

Shares78.49M

TypePRN

Market value$66.35M

1.69%

Sole

45.34M

Shared

2.81M

None

30.34M

INSULET CORP

SOLE

CONV

Shares59.60M

TypePRN

Market value$62.37M

1.59%

Sole

40.05M

Shared

2.03M

None

17.52M

ARRAY TECHNOLOGIES INC

SOLE

CONV

Shares65.58M

TypePRN

Market value$61.22M

1.56%

Sole

44.43M

Shared

1.57M

None

19.58M

AKAMAI TECHNOLOGIES INC

SOLE

CONV

Shares55.67M

TypePRN

Market value$59.02M

1.50%

Sole

50.88M

Shared

1.41M

None

3.38M

WAYFAIR INC

SOLE

CONV

Shares61.79M

TypePRN

Market value$57.54M

1.46%

Sole

31.56M

Shared

2.80M

None

27.42M

BLACKLINE INC

SOLE

CONV

Shares61.92M

TypePRN

Market value$56.51M

1.44%

Sole

31.14M

Shared

2.52M

None

28.27M

DRAFTKINGS INC

SOLE

CONV

Shares61.22M

TypePRN

Market value$53.35M

1.36%

Sole

36.70M

Shared

3.27M

None

21.25M

HALOZYME THERAPEUTICS INC

SOLE

CONV

Shares49.93M

TypePRN

Market value$48.82M

1.24%

Sole

33.02M

Shared

1.67M

None

15.23M

BENTLEY SYS INC

SOLE

CONV

Shares47.55M

TypePRN

Market value$48.06M

1.22%

Sole

35.10M

Shared

1.06M

None

11.40M

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	Shared	None
WELLS FARGO CO NEWSOLE	CONV PFD	184.76K	SH	$227.11M 5.77%	125.85K	4.10K	54.81K
BANK AMERICA CORPSOLE	CONV PFD	181.78K	SH	$218.47M 5.55%	128.10K	3.48K	50.19K
FORD MTR CO DELSOLE	CONV	127.75M	PRN	$133.14M 3.38%	84.05M	2.86M	40.83M
EXACT SCIENCES CORPSOLE	CONV	94.30M	PRN	$87.48M 2.22%	44.90M	3.98M	45.42M
NEXTERA ENERGY INCSOLE	CONV PFD	2.18M	SH	$87.08M 2.21%	1.95M	0.00	239.05K
AFFIRM HOLDINGS INCSOLE	CONV	101.11M	PRN	$84.44M 2.15%	67.81M	4.43M	28.87M
SOUTHWEST AIRLS COSOLE	CONV	82M	PRN	$84.05M 2.14%	75.11M	0.00	6.89M
SAREPTA THERAPEUTICS INCSOLE	CONV	69.90M	PRN	$81.88M 2.08%	51.87M	1.45M	16.58M
SNAP INCSOLE	CONV	79.60M	PRN	$76.98M 1.96%	47.64M	4.24M	27.72M
PIONEER NAT RES COSOLE	CONV	25.84M	PRN	$74.56M 1.89%	23.39M	0.00	2.45M
EXPEDIA GROUP INCSOLE	CONV	78.75M	PRN	$73.47M 1.87%	57.18M	2.50M	19.07M
BOOKING HOLDINGS INCSOLE	CONV	37.05M	PRN	$72.29M 1.84%	34.19M	0.00	2.87M
AMERICAN AIRLINES GROUPSOLE	CONV	61M	PRN	$71.87M 1.83%	40.08M	1.70M	19.22M
APOLLO GLOBAL MGMT INCSOLE	CONV PFD	1.10M	SH	$70.99M 1.80%	976.83K	0.00	119.67K
UBER TECHNOLOGIES INCSOLE	CONV	62.01M	PRN	$69.93M 1.78%	30.93M	2.70M	28.38M
MARRIOTT VACATIONS WORLDWIDESOLE	CONV	71.38M	PRN	$68.13M 1.73%	49.49M	1.81M	20.07M
DIGITALOCEAN HLDGS INCSOLE	CONV	78.49M	PRN	$66.35M 1.69%	45.34M	2.81M	30.34M
INSULET CORPSOLE	CONV	59.60M	PRN	$62.37M 1.59%	40.05M	2.03M	17.52M
ARRAY TECHNOLOGIES INCSOLE	CONV	65.58M	PRN	$61.22M 1.56%	44.43M	1.57M	19.58M
AKAMAI TECHNOLOGIES INCSOLE	CONV	55.67M	PRN	$59.02M 1.50%	50.88M	1.41M	3.38M
WAYFAIR INCSOLE	CONV	61.79M	PRN	$57.54M 1.46%	31.56M	2.80M	27.42M
BLACKLINE INCSOLE	CONV	61.92M	PRN	$56.51M 1.44%	31.14M	2.52M	28.27M
DRAFTKINGS INCSOLE	CONV	61.22M	PRN	$53.35M 1.36%	36.70M	3.27M	21.25M
HALOZYME THERAPEUTICS INCSOLE	CONV	49.93M	PRN	$48.82M 1.24%	33.02M	1.67M	15.23M
BENTLEY SYS INCSOLE	CONV	47.55M	PRN	$48.06M 1.22%	35.10M	1.06M	11.40M

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