ADVENT CAPITAL MANAGEMENT /DE/

Filed: 8/13/2024ACC: 0001140361-24-036997

📋 What this filing means

ADVENT CAPITAL MANAGEMENT /DE/ filed this quarterly 13F‑HR report disclosing 194 equity positions with a total reported market value of $4.17B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

194

Positions

$4.17B

Total AUM (reported)

3.44B

Total Shares

Allocation by class

CONV$3.42B82.1%

CONV PFD$649.05M15.6%

COM$95.06M2.3%

Portfolio Concentration

Top 3$555.55M13.3%

4–10$665.14M16.0%

11–25$916.59M22.0%

Rest$2.03B48.7%

Top 3 weight

13.3%

Top 10 weight

29.3%

Voting Authority Distribution

Total shares with voting rights: 3.44B

Sole

Full voting authority

2.38B

% of voting shares69.1%

Shared

Joint voting authority

99.16M

% of voting shares2.9%

None

No voting authority

962.53M

% of voting shares28.0%

Investment Discretion (by position count)

Sole194

Shared0

Other0

Dominant voting typeSole · 69.1% of voting shares

Institutional Holdings194

Rows:

BANK OF AMERICA CORP

SOLE

CONV PFD

Shares181.93K

TypeSH

Market value$221.60M

5.32%

Sole

126.81K

Shared

3.30K

None

51.82K

WELLS FARGO & COMPANY

SOLE

CONV PFD

Shares175.72K

TypeSH

Market value$212.15M

5.09%

Sole

119.51K

Shared

3.82K

None

52.39K

DUKE ENERGY CORP

SOLE

CONV

Shares120.50M

TypePRN

Market value$121.80M

2.92%

Sole

91.35M

Shared

2.16M

None

26.99M

FORD MOTOR COMPANY

SOLE

CONV

Shares115.88M

TypePRN

Market value$117.44M

2.82%

Sole

81.47M

Shared

2.06M

None

32.35M

CMS ENERGY CORP

SOLE

CONV

Shares107.42M

TypePRN

Market value$106.25M

2.55%

Sole

78.38M

Shared

219K

None

28.82M

ON SEMICONDUCTOR CORP

SOLE

CONV

Shares107.94M

TypePRN

Market value$104.00M

2.50%

Sole

71.25M

Shared

3.30M

None

33.39M

UBER TECHNOLOGIES INC

SOLE

CONV

Shares87.83M

TypePRN

Market value$94.37M

2.27%

Sole

43.40M

Shared

3.92M

None

40.51M

VENTAS REALTY LP

SOLE

CONV

Shares78.78M

TypePRN

Market value$83.32M

2.00%

Sole

75.92M

Shared

0.00

None

2.86M

DEXCOM INC

SOLE

CONV

Shares83.98M

TypePRN

Market value$82.51M

1.98%

Sole

68.36M

Shared

1.25M

None

14.37M

APOLLO GLOBAL MANAGEMENT

SOLE

CONV PFD

Shares1.12M

TypeSH

Market value$77.25M

1.85%

Sole

1.01M

Shared

0.00

None

117.80K

NEXTERA ENERGY INC

SOLE

CONV PFD

Shares1.76M

TypeSH

Market value$74.82M

1.80%

Sole

1.57M

Shared

0.00

None

189.37K

SHIFT4 PAYMENTS INC

SOLE

CONV

Shares64M

TypePRN

Market value$73.90M

1.77%

Sole

45.73M

Shared

1.68M

None

16.60M

ZILLOW GROUP INC

SOLE

CONV

Shares55.86M

TypePRN

Market value$68.16M

1.64%

Sole

41.74M

Shared

1.43M

None

12.68M

BOOKING HOLDINGS INC

SOLE

CONV

Shares32.24M

TypePRN

Market value$67.98M

1.63%

Sole

29.48M

Shared

0.00

None

2.77M

MARRIOTT VACATION WORLDW

SOLE

CONV

Shares70.38M

TypePRN

Market value$64.50M

1.55%

Sole

48.61M

Shared

1.70M

None

20.07M

AFFIRM HOLDINGS INC

SOLE

CONV

Shares73.79M

TypePRN

Market value$61.62M

1.48%

Sole

43.83M

Shared

4.07M

None

25.89M

INSULET CORPORATION

SOLE

CONV

Shares54.87M

TypePRN

Market value$60.11M

1.44%

Sole

38.92M

Shared

1.87M

None

14.08M

DIGITALOCEAN HOLDINGS

SOLE

CONV

Shares70.45M

TypePRN

Market value$59.71M

1.43%

Sole

37.23M

Shared

3.72M

None

29.50M

SAREPTA THERAPEUTICS INC

SOLE

CONV

Shares45.01M

TypePRN

Market value$58.18M

1.40%

Sole

31.96M

Shared

806K

None

12.24M

BENTLEY SYSTEMS INC

SOLE

CONV

Shares58.41M

TypePRN

Market value$58.13M

1.40%

Sole

39.48M

Shared

1.89M

None

17.04M

AKAMAI TECHNOLOGIES INC

SOLE

CONV

Shares59.61M

TypePRN

Market value$57.96M

1.39%

Sole

53.89M

Shared

2.02M

None

3.70M

EXPEDIA GROUP INC

SOLE

CONV

Shares61.54M

TypePRN

Market value$56.80M

1.36%

Sole

42.66M

Shared

66K

None

18.82M

LIBERTY MEDIA CORP

SOLE

CONV

Shares50.24M

TypePRN

Market value$53.06M

1.27%

Sole

39.66M

Shared

84K

None

10.50M

WAYFAIR INC

SOLE

CONV

Shares56.18M

TypePRN

Market value$50.97M

1.22%

Sole

28.26M

Shared

1.54M

None

26.38M

WOLFSPEED INC

SOLE

CONV

Shares90.94M

TypePRN

Market value$50.71M

1.22%

Sole

47.41M

Shared

3.71M

None

39.82M

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	Shared	None
BANK OF AMERICA CORPSOLE	CONV PFD	181.93K	SH	$221.60M 5.32%	126.81K	3.30K	51.82K
WELLS FARGO & COMPANYSOLE	CONV PFD	175.72K	SH	$212.15M 5.09%	119.51K	3.82K	52.39K
DUKE ENERGY CORPSOLE	CONV	120.50M	PRN	$121.80M 2.92%	91.35M	2.16M	26.99M
FORD MOTOR COMPANYSOLE	CONV	115.88M	PRN	$117.44M 2.82%	81.47M	2.06M	32.35M
CMS ENERGY CORPSOLE	CONV	107.42M	PRN	$106.25M 2.55%	78.38M	219K	28.82M
ON SEMICONDUCTOR CORPSOLE	CONV	107.94M	PRN	$104.00M 2.50%	71.25M	3.30M	33.39M
UBER TECHNOLOGIES INCSOLE	CONV	87.83M	PRN	$94.37M 2.27%	43.40M	3.92M	40.51M
VENTAS REALTY LPSOLE	CONV	78.78M	PRN	$83.32M 2.00%	75.92M	0.00	2.86M
DEXCOM INCSOLE	CONV	83.98M	PRN	$82.51M 1.98%	68.36M	1.25M	14.37M
APOLLO GLOBAL MANAGEMENTSOLE	CONV PFD	1.12M	SH	$77.25M 1.85%	1.01M	0.00	117.80K
NEXTERA ENERGY INCSOLE	CONV PFD	1.76M	SH	$74.82M 1.80%	1.57M	0.00	189.37K
SHIFT4 PAYMENTS INCSOLE	CONV	64M	PRN	$73.90M 1.77%	45.73M	1.68M	16.60M
ZILLOW GROUP INCSOLE	CONV	55.86M	PRN	$68.16M 1.64%	41.74M	1.43M	12.68M
BOOKING HOLDINGS INCSOLE	CONV	32.24M	PRN	$67.98M 1.63%	29.48M	0.00	2.77M
MARRIOTT VACATION WORLDWSOLE	CONV	70.38M	PRN	$64.50M 1.55%	48.61M	1.70M	20.07M
AFFIRM HOLDINGS INCSOLE	CONV	73.79M	PRN	$61.62M 1.48%	43.83M	4.07M	25.89M
INSULET CORPORATIONSOLE	CONV	54.87M	PRN	$60.11M 1.44%	38.92M	1.87M	14.08M
DIGITALOCEAN HOLDINGSSOLE	CONV	70.45M	PRN	$59.71M 1.43%	37.23M	3.72M	29.50M
SAREPTA THERAPEUTICS INCSOLE	CONV	45.01M	PRN	$58.18M 1.40%	31.96M	806K	12.24M
BENTLEY SYSTEMS INCSOLE	CONV	58.41M	PRN	$58.13M 1.40%	39.48M	1.89M	17.04M
AKAMAI TECHNOLOGIES INCSOLE	CONV	59.61M	PRN	$57.96M 1.39%	53.89M	2.02M	3.70M
EXPEDIA GROUP INCSOLE	CONV	61.54M	PRN	$56.80M 1.36%	42.66M	66K	18.82M
LIBERTY MEDIA CORPSOLE	CONV	50.24M	PRN	$53.06M 1.27%	39.66M	84K	10.50M
WAYFAIR INCSOLE	CONV	56.18M	PRN	$50.97M 1.22%	28.26M	1.54M	26.38M
WOLFSPEED INCSOLE	CONV	90.94M	PRN	$50.71M 1.22%	47.41M	3.71M	39.82M

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