Filed: 5/14/2025ACC: 0001104659-25-048342
📋 What this filing means
CAMDEN ASSET MANAGEMENT L P /CA filed this quarterly 13F‑HR report disclosing 90 equity positions with a total reported market value of $3.74B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
90
Positions
$3.74B
Total AUM (reported)
3.41B
Total Shares
Allocation by class
CNV$3.45B92.4%
CVP$285.48M7.6%
WAR$0.000.0%
Portfolio Concentration
Top 3$556.19M14.9%
4–10$704.95M18.9%
11–25$940.34M25.1%
Rest$1.54B41.1%
Top 3 weight
14.9%
Top 10 weight
33.7%
Voting Authority Distribution
Total shares with voting rights: 3.41B
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
3.41B
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole90
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings90
Rows:
NEXTERA ENERGY CAP HLDGS INC NOTE 3.000PERCENT 3/0
SOLEShares187.78M
TypePRN
Market value$216.70M
5.80%
Sole
0.00
Shared
0.00
None
187.78M
FORD MTR CO NOTE 3/1
SOLEShares183.47M
TypePRN
Market value$179.62M
4.80%
Sole
0.00
Shared
0.00
None
183.47M
AIRBNB INC NOTE 3/1
SOLEShares167.50M
TypePRN
Market value$159.88M
4.28%
Sole
0.00
Shared
0.00
None
167.50M
EVERGY INC NOTE 4.500PERCENT12/1
SOLEShares123.06M
TypePRN
Market value$144.63M
3.87%
Sole
0.00
Shared
0.00
None
123.06M
DUKE ENERGY CORP NEW NOTE 4.125PERCENT 4/1
SOLEShares98.84M
TypePRN
Market value$107.12M
2.86%
Sole
0.00
Shared
0.00
None
98.84M
VENTAS RLTY LTD PARTNERSHIP NOTE 3.750PERCENT 6/0
SOLEShares76.73M
TypePRN
Market value$98.71M
2.64%
Sole
0.00
Shared
0.00
None
76.73M
BANK AMERICA CORP 7.25PERCENTCNV PFD L
SOLEShares76.01K
TypeSH
Market value$94.01M
2.51%
Sole
0.00
Shared
0.00
None
76.01K
PPL CAP FDG INC NOTE 2.875PERCENT 3/1
SOLEShares81.86M
TypePRN
Market value$91.60M
2.45%
Sole
0.00
Shared
0.00
None
81.86M
NEXTERA ENERGY INC UNIT 09/01/2025
SOLEShares2.07M
TypeSH
Market value$84.60M
2.26%
Sole
0.00
Shared
0.00
None
2.07M
SPOTIFY USA INC NOTE 3/1
SOLEShares70.68M
TypePRN
Market value$84.26M
2.25%
Sole
0.00
Shared
0.00
None
70.68M
UBER TECHNOLOGIES INC NOTE 12/1
SOLEShares78.76M
TypePRN
Market value$83.48M
2.23%
Sole
0.00
Shared
0.00
None
78.76M
SHOPIFY INC NOTE 0.125PERCENT11/0
SOLEShares78.91M
TypePRN
Market value$79.11M
2.12%
Sole
0.00
Shared
0.00
None
78.91M
IONIS PHARMACEUTICALS INC NOTE 1.750PERCENT 6/1
SOLEShares76.72M
TypePRN
Market value$74.31M
1.99%
Sole
0.00
Shared
0.00
None
76.72M
EXPEDIA GROUP INC NOTE 2/1
SOLEShares74.89M
TypePRN
Market value$73.77M
1.97%
Sole
0.00
Shared
0.00
None
74.89M
UPWORK INC NOTE 0.250PERCENT 8/1
SOLEShares73.02M
TypePRN
Market value$68.00M
1.82%
Sole
0.00
Shared
0.00
None
73.02M
HALOZYME THERAPEUTICS INC NOTE 1.000PERCENT 8/1
SOLEShares47.96M
TypePRN
Market value$61.34M
1.64%
Sole
0.00
Shared
0.00
None
47.96M
UBER TECHNOLOGIES INC NOTE 0.875PERCENT12/0
SOLEShares49.75M
TypePRN
Market value$60.54M
1.62%
Sole
0.00
Shared
0.00
None
49.75M
AMERICAN WTR CAP CORP NOTE 3.625PERCENT 6/1
SOLEShares58.23M
TypePRN
Market value$59.45M
1.59%
Sole
0.00
Shared
0.00
None
58.23M
DEXCOM INC NOTE 0.375PERCENT 5/1
SOLEShares65.17M
TypePRN
Market value$58.07M
1.55%
Sole
0.00
Shared
0.00
None
65.17M
DAYFORCE INC NOTE 0.250PERCENT 3/1
SOLEShares58.83M
TypePRN
Market value$56.18M
1.50%
Sole
0.00
Shared
0.00
None
58.83M
EL PASO ENERGY CAP TR I PFD CV TR SEC 28
SOLEShares1.14M
TypeSH
Market value$55.52M
1.48%
Sole
0.00
Shared
0.00
None
1.14M
SEAGATE HDD CAYMAN NOTE 3.500PERCENT 6/0
SOLEShares45.63M
TypePRN
Market value$54.94M
1.47%
Sole
0.00
Shared
0.00
None
45.63M
WORLD KINECT CORPORATION NOTE 3.250PERCENT 7/0
SOLEShares46.35M
TypePRN
Market value$53.53M
1.43%
Sole
0.00
Shared
0.00
None
46.35M
TETRA TECH INC NEW DBCV 2.250PERCENT 8/1
SOLEShares50M
TypePRN
Market value$51.52M
1.38%
Sole
0.00
Shared
0.00
None
50M
SNAP INC NOTE 5/0
SOLEShares56.75M
TypePRN
Market value$50.58M
1.35%
Sole
0.00
Shared
0.00
None
56.75M
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NEXTERA ENERGY CAP HLDGS INC NOTE 3.000PERCENT 3/0SOLE | CNV | 187.78M | PRN | $216.70M 5.80% | 0.00 | 0.00 | 187.78M |
FORD MTR CO NOTE 3/1SOLE | CNV | 183.47M | PRN | $179.62M 4.80% | 0.00 | 0.00 | 183.47M |
AIRBNB INC NOTE 3/1SOLE | CNV | 167.50M | PRN | $159.88M 4.28% | 0.00 | 0.00 | 167.50M |
EVERGY INC NOTE 4.500PERCENT12/1SOLE | CNV | 123.06M | PRN | $144.63M 3.87% | 0.00 | 0.00 | 123.06M |
DUKE ENERGY CORP NEW NOTE 4.125PERCENT 4/1SOLE | CNV | 98.84M | PRN | $107.12M 2.86% | 0.00 | 0.00 | 98.84M |
VENTAS RLTY LTD PARTNERSHIP NOTE 3.750PERCENT 6/0SOLE | CNV | 76.73M | PRN | $98.71M 2.64% | 0.00 | 0.00 | 76.73M |
BANK AMERICA CORP 7.25PERCENTCNV PFD LSOLE | CVP | 76.01K | SH | $94.01M 2.51% | 0.00 | 0.00 | 76.01K |
PPL CAP FDG INC NOTE 2.875PERCENT 3/1SOLE | CNV | 81.86M | PRN | $91.60M 2.45% | 0.00 | 0.00 | 81.86M |
NEXTERA ENERGY INC UNIT 09/01/2025SOLE | CVP | 2.07M | SH | $84.60M 2.26% | 0.00 | 0.00 | 2.07M |
SPOTIFY USA INC NOTE 3/1SOLE | CNV | 70.68M | PRN | $84.26M 2.25% | 0.00 | 0.00 | 70.68M |
UBER TECHNOLOGIES INC NOTE 12/1SOLE | CNV | 78.76M | PRN | $83.48M 2.23% | 0.00 | 0.00 | 78.76M |
SHOPIFY INC NOTE 0.125PERCENT11/0SOLE | CNV | 78.91M | PRN | $79.11M 2.12% | 0.00 | 0.00 | 78.91M |
IONIS PHARMACEUTICALS INC NOTE 1.750PERCENT 6/1SOLE | CNV | 76.72M | PRN | $74.31M 1.99% | 0.00 | 0.00 | 76.72M |
EXPEDIA GROUP INC NOTE 2/1SOLE | CNV | 74.89M | PRN | $73.77M 1.97% | 0.00 | 0.00 | 74.89M |
UPWORK INC NOTE 0.250PERCENT 8/1SOLE | CNV | 73.02M | PRN | $68.00M 1.82% | 0.00 | 0.00 | 73.02M |
HALOZYME THERAPEUTICS INC NOTE 1.000PERCENT 8/1SOLE | CNV | 47.96M | PRN | $61.34M 1.64% | 0.00 | 0.00 | 47.96M |
UBER TECHNOLOGIES INC NOTE 0.875PERCENT12/0SOLE | CNV | 49.75M | PRN | $60.54M 1.62% | 0.00 | 0.00 | 49.75M |
AMERICAN WTR CAP CORP NOTE 3.625PERCENT 6/1SOLE | CNV | 58.23M | PRN | $59.45M 1.59% | 0.00 | 0.00 | 58.23M |
DEXCOM INC NOTE 0.375PERCENT 5/1SOLE | CNV | 65.17M | PRN | $58.07M 1.55% | 0.00 | 0.00 | 65.17M |
DAYFORCE INC NOTE 0.250PERCENT 3/1SOLE | CNV | 58.83M | PRN | $56.18M 1.50% | 0.00 | 0.00 | 58.83M |
EL PASO ENERGY CAP TR I PFD CV TR SEC 28SOLE | CVP | 1.14M | SH | $55.52M 1.48% | 0.00 | 0.00 | 1.14M |
SEAGATE HDD CAYMAN NOTE 3.500PERCENT 6/0SOLE | CNV | 45.63M | PRN | $54.94M 1.47% | 0.00 | 0.00 | 45.63M |
WORLD KINECT CORPORATION NOTE 3.250PERCENT 7/0SOLE | CNV | 46.35M | PRN | $53.53M 1.43% | 0.00 | 0.00 | 46.35M |
TETRA TECH INC NEW DBCV 2.250PERCENT 8/1SOLE | CNV | 50M | PRN | $51.52M 1.38% | 0.00 | 0.00 | 50M |
SNAP INC NOTE 5/0SOLE | CNV | 56.75M | PRN | $50.58M 1.35% | 0.00 | 0.00 | 56.75M |
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