Advent Capital Management is based out of New York. Advent Capital Management is a hedge fund with 573 clients and discretionary assets under management (AUM) of $8,794,424,202 (Form ADV from 2023-06-12). Their last reported 13F filing for Q4 2023 included $4,359,614,471 in managed 13F securities
and a top 10 holdings concentration of 27.21%. Advent Capital Management's largest holding is Wells Fargo & Co. 7.50% Non-Cumulative Perpetual Convertible Class A Preferred with shares held of 193,824. Whalewisdom has at least 95 13F filings, 1 13D filings, and 13 Form 4 filings
2023-12-31
Top Buys (13F)
Name | % Change |
---|---|
DEBT-AMER AMERICAN AIRLS GROUP (PRN) | 1.75% |
DEBT-MARR MARRIOTT VACATIONS W (PRN) | 1.38% |
DEBT-ARRA ARRAY TECHNOLOGIES I (PRN) | 1.24% |
DEBT-SARE SAREPTA THERAPEUTICS (PRN) | 1.19% |
DEBT-UBER UBER TECHNOLOGIES IN (PRN) | 1.05% |
2023-12-31
Top Sells (13F)
Name | % Change |
---|---|
DEBT-DISH DISH NETWORK CORPORA (PRN) | 1.73% |
DEBT-JETB JETBLUE AIRWAYS CORP (PRN) | 1.36% |
DEBT-SOLA SOLAREDGE TECHNOLOGI (PRN) | 1.11% |
DEBT-OMNI OMNICELL COM NOTE 0. (PRN) | 1% |
DEBT-SOUT SOUTHWEST AIRLS CO N (PRN) | 0.87% |
2023-12-31
13F Holdings Summary
Name | $ Change |
---|---|
WFCPRL Wells Fargo & Co. 7. | 5.33% |
BACPRL Bank of America, 7.2 | 5.14% |
DEBT-SOUT SOUTHWEST AIRLS CO N | 2.69% |
DEBT-AFFI AFFIRM HLDGS INC NOT | 2.29% |
DEBT-SARE SAREPTA THERAPEUTICS | 2.27% |
2023-12-31
13F Activity
Market Value | $4.36b, Prior: $4.30b |
New Purchases | 42 stocks |
Added To | 49 stocks |
Sold out of | 58 stocks |
Reduced holdings in | 85 stocks |
Top 10 Holdings % | 27.21% |
Turnover %[1] | 54.64% |
Turnover Alt %[2] | 20.78% |
Time Held Top 20 | 3.15 quarters |
Time Held Top 10 | 3.5 quarters |
Time Held All | 5.87 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2023-12-31
13F Sector Allocation Over Time
2023-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2023-12-31