Filed: 8/13/2025ACC: 0001104659-25-077118
📋 What this filing means
CAMDEN ASSET MANAGEMENT L P /CA filed this quarterly 13F‑HR report disclosing 97 equity positions with a total reported market value of $4.27B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
97
Positions
$4.27B
Total AUM (reported)
3.78B
Total Shares
Allocation by class
CNV$3.94B92.3%
CVP$329.29M7.7%
WAR$0.000.0%
Portfolio Concentration
Top 3$592.14M13.9%
4–10$746.26M17.5%
11–25$1.06B24.7%
Rest$1.88B44.0%
Top 3 weight
13.9%
Top 10 weight
31.3%
Voting Authority Distribution
Total shares with voting rights: 3.78B
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
3.78B
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole97
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings97
Rows:
FORD MTR CO NOTE 3/1
SOLEShares219.22M
TypePRN
Market value$216.59M
5.07%
Sole
0.00
Shared
0.00
None
219.22M
NEXTERA ENERGY CAP HLDGS INC NOTE 3.000PERCENT 3/0
SOLEShares183.31M
TypePRN
Market value$208.43M
4.88%
Sole
0.00
Shared
0.00
None
183.31M
EVERGY INC NOTE 4.500PERCENT12/1
SOLEShares142.90M
TypePRN
Market value$167.12M
3.91%
Sole
0.00
Shared
0.00
None
142.90M
AIRBNB INC NOTE 3/1
SOLEShares171.40M
TypePRN
Market value$165.23M
3.87%
Sole
0.00
Shared
0.00
None
171.40M
BANK AMERICA CORP 7.25PERCENTCNV PFD L
SOLEShares119.49K
TypeSH
Market value$145.03M
3.40%
Sole
0.00
Shared
0.00
None
119.49K
VENTAS RLTY LTD PARTNERSHIP NOTE 3.750PERCENT 6/0
SOLEShares76.73M
TypePRN
Market value$91.73M
2.15%
Sole
0.00
Shared
0.00
None
76.73M
BLACKLINE INC NOTE 1.000PERCENT 6/0 ADDED
SOLEShares85.12M
TypePRN
Market value$90.40M
2.12%
Sole
0.00
Shared
0.00
None
85.12M
EXPEDIA GROUP INC NOTE 2/1
SOLEShares91.95M
TypePRN
Market value$89.37M
2.09%
Sole
0.00
Shared
0.00
None
91.95M
UBER TECHNOLOGIES INC NOTE 12/1
SOLEShares69.31M
TypePRN
Market value$82.97M
1.94%
Sole
0.00
Shared
0.00
None
69.31M
SHOPIFY INC NOTE 0.125PERCENT11/0
SOLEShares80.56M
TypePRN
Market value$81.53M
1.91%
Sole
0.00
Shared
0.00
None
80.56M
PPL CAP FDG INC NOTE 2.875PERCENT 3/1
SOLEShares74.02M
TypePRN
Market value$79.95M
1.87%
Sole
0.00
Shared
0.00
None
74.02M
SPOTIFY USA INC NOTE 3/1
SOLEShares52.18M
TypePRN
Market value$79.05M
1.85%
Sole
0.00
Shared
0.00
None
52.18M
IONIS PHARMACEUTICALS INC NOTE 1.750PERCENT 6/1
SOLEShares74.66M
TypePRN
Market value$78.35M
1.83%
Sole
0.00
Shared
0.00
None
74.66M
WEC ENERGY GROUP INC NOTE 4.375PERCENT 6/0 ADDED
SOLEShares69.25M
TypePRN
Market value$78.00M
1.83%
Sole
0.00
Shared
0.00
None
69.25M
HALOZYME THERAPEUTICS INC NOTE 1.000PERCENT 8/1
SOLEShares67.96M
TypePRN
Market value$77.38M
1.81%
Sole
0.00
Shared
0.00
None
67.96M
SEAGATE HDD CAYMAN NOTE 3.500PERCENT 6/0
SOLEShares42.43M
TypePRN
Market value$76.31M
1.79%
Sole
0.00
Shared
0.00
None
42.43M
DAYFORCE INC NOTE 0.250PERCENT 3/1
SOLEShares72.23M
TypePRN
Market value$69.48M
1.63%
Sole
0.00
Shared
0.00
None
72.23M
UPWORK INC NOTE 0.250PERCENT 8/1
SOLEShares73.02M
TypePRN
Market value$68.71M
1.61%
Sole
0.00
Shared
0.00
None
73.02M
WEC ENERGY GROUP INC NOTE 4.375PERCENT 6/0 ADDED
SOLEShares59.56M
TypePRN
Market value$68.59M
1.61%
Sole
0.00
Shared
0.00
None
59.56M
DUKE ENERGY CORP NEW NOTE 4.125PERCENT 4/1
SOLEShares63.97M
TypePRN
Market value$67.68M
1.58%
Sole
0.00
Shared
0.00
None
63.97M
UBER TECHNOLOGIES INC NOTE 0.875PERCENT12/0
SOLEShares46.84M
TypePRN
Market value$66.81M
1.56%
Sole
0.00
Shared
0.00
None
46.84M
WORLD KINECT CORPORATION NOTE 3.250PERCENT 7/0
SOLEShares54.35M
TypePRN
Market value$63.19M
1.48%
Sole
0.00
Shared
0.00
None
54.35M
DEXCOM INC NOTE 0.375PERCENT 5/1
SOLEShares67.23M
TypePRN
Market value$63.06M
1.48%
Sole
0.00
Shared
0.00
None
67.23M
NEXTERA ENERGY INC UNIT 09/01/2025
SOLEShares1.57M
TypeSH
Market value$62.48M
1.46%
Sole
0.00
Shared
0.00
None
1.57M
HAEMONETICS CORP MASS NOTE 2.500PERCENT 6/0 ADDED
SOLEShares56.71M
TypePRN
Market value$56.27M
1.32%
Sole
0.00
Shared
0.00
None
56.71M
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
FORD MTR CO NOTE 3/1SOLE | CNV | 219.22M | PRN | $216.59M 5.07% | 0.00 | 0.00 | 219.22M |
NEXTERA ENERGY CAP HLDGS INC NOTE 3.000PERCENT 3/0SOLE | CNV | 183.31M | PRN | $208.43M 4.88% | 0.00 | 0.00 | 183.31M |
EVERGY INC NOTE 4.500PERCENT12/1SOLE | CNV | 142.90M | PRN | $167.12M 3.91% | 0.00 | 0.00 | 142.90M |
AIRBNB INC NOTE 3/1SOLE | CNV | 171.40M | PRN | $165.23M 3.87% | 0.00 | 0.00 | 171.40M |
BANK AMERICA CORP 7.25PERCENTCNV PFD LSOLE | CVP | 119.49K | SH | $145.03M 3.40% | 0.00 | 0.00 | 119.49K |
VENTAS RLTY LTD PARTNERSHIP NOTE 3.750PERCENT 6/0SOLE | CNV | 76.73M | PRN | $91.73M 2.15% | 0.00 | 0.00 | 76.73M |
BLACKLINE INC NOTE 1.000PERCENT 6/0 ADDEDSOLE | CNV | 85.12M | PRN | $90.40M 2.12% | 0.00 | 0.00 | 85.12M |
EXPEDIA GROUP INC NOTE 2/1SOLE | CNV | 91.95M | PRN | $89.37M 2.09% | 0.00 | 0.00 | 91.95M |
UBER TECHNOLOGIES INC NOTE 12/1SOLE | CNV | 69.31M | PRN | $82.97M 1.94% | 0.00 | 0.00 | 69.31M |
SHOPIFY INC NOTE 0.125PERCENT11/0SOLE | CNV | 80.56M | PRN | $81.53M 1.91% | 0.00 | 0.00 | 80.56M |
PPL CAP FDG INC NOTE 2.875PERCENT 3/1SOLE | CNV | 74.02M | PRN | $79.95M 1.87% | 0.00 | 0.00 | 74.02M |
SPOTIFY USA INC NOTE 3/1SOLE | CNV | 52.18M | PRN | $79.05M 1.85% | 0.00 | 0.00 | 52.18M |
IONIS PHARMACEUTICALS INC NOTE 1.750PERCENT 6/1SOLE | CNV | 74.66M | PRN | $78.35M 1.83% | 0.00 | 0.00 | 74.66M |
WEC ENERGY GROUP INC NOTE 4.375PERCENT 6/0 ADDEDSOLE | CNV | 69.25M | PRN | $78.00M 1.83% | 0.00 | 0.00 | 69.25M |
HALOZYME THERAPEUTICS INC NOTE 1.000PERCENT 8/1SOLE | CNV | 67.96M | PRN | $77.38M 1.81% | 0.00 | 0.00 | 67.96M |
SEAGATE HDD CAYMAN NOTE 3.500PERCENT 6/0SOLE | CNV | 42.43M | PRN | $76.31M 1.79% | 0.00 | 0.00 | 42.43M |
DAYFORCE INC NOTE 0.250PERCENT 3/1SOLE | CNV | 72.23M | PRN | $69.48M 1.63% | 0.00 | 0.00 | 72.23M |
UPWORK INC NOTE 0.250PERCENT 8/1SOLE | CNV | 73.02M | PRN | $68.71M 1.61% | 0.00 | 0.00 | 73.02M |
WEC ENERGY GROUP INC NOTE 4.375PERCENT 6/0 ADDEDSOLE | CNV | 59.56M | PRN | $68.59M 1.61% | 0.00 | 0.00 | 59.56M |
DUKE ENERGY CORP NEW NOTE 4.125PERCENT 4/1SOLE | CNV | 63.97M | PRN | $67.68M 1.58% | 0.00 | 0.00 | 63.97M |
UBER TECHNOLOGIES INC NOTE 0.875PERCENT12/0SOLE | CNV | 46.84M | PRN | $66.81M 1.56% | 0.00 | 0.00 | 46.84M |
WORLD KINECT CORPORATION NOTE 3.250PERCENT 7/0SOLE | CNV | 54.35M | PRN | $63.19M 1.48% | 0.00 | 0.00 | 54.35M |
DEXCOM INC NOTE 0.375PERCENT 5/1SOLE | CNV | 67.23M | PRN | $63.06M 1.48% | 0.00 | 0.00 | 67.23M |
NEXTERA ENERGY INC UNIT 09/01/2025SOLE | CVP | 1.57M | SH | $62.48M 1.46% | 0.00 | 0.00 | 1.57M |
HAEMONETICS CORP MASS NOTE 2.500PERCENT 6/0 ADDEDSOLE | CNV | 56.71M | PRN | $56.27M 1.32% | 0.00 | 0.00 | 56.71M |
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