ADVENT CAPITAL MANAGEMENT /DE/ Q1 2025 Filing
Filed May 12, 2025
Portfolio Value
$4.6T
Holdings
208
Report Date
Q1 2025
Filing Type
13F-HR
All Holdings (208 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | WFC 7.5 PERP LWELLS FARGO & COMPANY | 179,720 | $215.4B | 4.72% | |
| 2 | BAC 7.25 PERP LBANK OF AMERICA CORP | 173,455 | $214.9B | 4.71% | |
| 3 | UBER 0.875 12/01/28 2028UBER TECHNOLOGIES INC | 138,352,000 | $169.1B | 3.71% | |
| 4 | SPYSPDR S&P 500 ETF Trust | 295,000 | $165.0B | 3.62% | Put |
| 5 | GPN 1.5 03/01/31GLOBAL PAYMENTS INC | 162,251,000 | $153.7B | 3.37% | |
| 6 | VTR 3.75 06/01/26VENTAS REALTY LP | 92,984,000 | $119.9B | 2.63% | |
| 7 | CMS 3.375 05/01/28CMS ENERGY CORP | 78,625,000 | $87.2B | 1.91% | |
| 8 | DUK 4.125 04/15/26DUKE ENERGY CORP | 79,838,000 | $86.6B | 1.90% | |
| 9 | DXCM 0.375 05/15/28DEXCOM INC | 93,392,000 | $83.7B | 1.84% | |
| 10 | APO 6.75 07/31/26APOLLO GLOBAL MANAGEMENT | 1,104,271 | $80.4B | 1.76% | |
| 11 | AKAM 1.125 02/15/29AKAMAI TECHNOLOGIES INC | 81,640,000 | $78.0B | 1.71% | |
| 12 | NEE 6.926 09/01/25NEXTERA ENERGY INC | 1,777,321 | $72.2B | 1.58% | |
| 13 | DOCN 0 12/01/26DIGITALOCEAN HOLDINGS | 76,922,000 | $71.8B | 1.57% | |
| 14 | EXPE 0 02/15/26EXPEDIA GROUP INC | 71,608,000 | $70.7B | 1.55% | |
| 15 | PCG 4.25 12/01/27PG&E CORP | 66,507,000 | $70.4B | 1.54% | |
| 16 | DKNG 0 03/15/28DRAFTKINGS HOLDINGS INC | 77,015,000 | $67.4B | 1.48% | |
| 17 | PPL 2.875 03/15/28PPL CAPITAL FUNDING INC | 58,861,000 | $66.0B | 1.45% | |
| 18 | BA 6 10/15/27BOEING CO/THE | 1,026,537 | $60.7B | 1.33% | |
| 19 | BKNG 0.75 05/01/25BOOKING HOLDINGS INC | 23,212,000 | $57.1B | 1.25% | |
| 20 | NEENEXTERA ENERGY CAPITAL | 48,540,000 | $56.1B | 1.23% | |
| 21 | NCLH 1.125 02/15/27NCL CORPORATION LTD | 57,105,000 | $55.6B | 1.22% | |
| 22 | KKR 6.25 03/01/28 DKKR & CO INC | 1,136,551 | $55.4B | 1.22% | |
| 23 | ON 0.5 03/01/29ON SEMICONDUCTOR CORP | 62,244,000 | $53.8B | 1.18% | |
| 24 | LYFT 0.625 03/01/29LYFT INC | 49,860,000 | $48.4B | 1.06% | |
| 25 | ITRI 0 03/15/26ITRON INC | 46,282,000 | $47.7B | 1.05% | |
| 26 | UBER 0 12/15/25UBER TECHNOLOGIES INC | 44,431,000 | $47.2B | 1.04% | |
| 27 | COIN 0.25 04/01/30COINBASE GLOBAL INC | 50,602,000 | $46.8B | 1.03% | |
| 28 | CNP 4.25 08/15/26CENTERPOINT ENERGY INC | 41,753,000 | $45.3B | 0.99% | |
| 29 | SRPT 1.25 09/15/27SAREPTA THERAPEUTICS INC | 47,667,000 | $44.4B | 0.97% | |
| 30 | ABNB 0 03/15/26AIRBNB INC | 44,703,000 | $42.8B | 0.94% | |
| 31 | NEE 7.299 06/01/27NEXTERA ENERGY INC | 890,515 | $42.7B | 0.94% | |
| 32 | ARES 6.75 10/01/27 BARES MANAGEMENT CORP | 881,034 | $42.2B | 0.93% | |
| 33 | PENN 2.75 05/15/26PENN ENTERTAINMENT INC | 40,739,000 | $41.8B | 0.92% | |
| 34 | VAC 3.25 12/15/27MARRIOTT VACATION WORLDW | 42,415,000 | $39.3B | 0.86% | |
| 35 | SMCI 3.5 03/01/29SUPER MICRO COMPUTER INC | 39,858,000 | $38.7B | 0.85% | |
| 36 | RIVN 4.625 03/15/29RIVIAN AUTO INC | 38,732,000 | $37.9B | 0.83% | |
| 37 | ARRY 1 12/01/28ARRAY TECHNOLOGIES INC | 51,130,000 | $37.7B | 0.83% | |
| 38 | BSY 0.125 01/15/26BENTLEY SYSTEMS INC | 38,879,000 | $37.6B | 0.83% | |
| 39 | TDOC 1.25 06/01/27TELADOC HEALTH INC | 40,145,000 | $37.0B | 0.81% | |
| 40 | W 3.25 09/15/27WAYFAIR INC | 37,493,000 | $36.7B | 0.81% | |
| 41 | COIN 0.5 06/01/26COINBASE GLOBAL INC | 37,017,000 | $36.3B | 0.80% | |
| 42 | AKAM 0.375 09/01/27AKAMAI TECHNOLOGIES INC | 37,072,000 | $36.2B | 0.79% | |
| 43 | WDC 3 11/15/28WESTERN DIGITAL CORP | 27,950,000 | $36.0B | 0.79% | |
| 44 | ON 0 05/01/27ON SEMICONDUCTOR CORP | 33,928,000 | $36.0B | 0.79% | |
| 45 | AWK 3.625 06/15/26AMERICAN WATER CAPITAL C | 34,777,000 | $35.7B | 0.78% | |
| 46 | LITE 0.5 06/15/28LUMENTUM HOLDINGS INC | 38,443,000 | $35.6B | 0.78% | |
| 47 | CFLT 0 01/15/27CONFLUENT INC | 36,512,000 | $33.8B | 0.74% | |
| 48 | RIVN 3.625 10/15/30RIVIAN AUTO INC | 38,454,000 | $33.4B | 0.73% | |
| 49 | WWAYFAIR INC | 30,543,000 | $32.8B | 0.72% | |
| 50 | MCHP 7.5 03/15/28MICROCHIP TECHNOLOGY INC | 640,000 | $32.1B | 0.70% | |
| 51 | TTEK 2.25 08/15/28TETRA TECH INC | 29,653,000 | $30.7B | 0.67% | |
| 52 | IONS 1.75 06/15/28IONIS PHARMACEUTICALS IN | 30,814,000 | $30.0B | 0.66% | |
| 53 | FOUR 0.5 08/01/27SHIFT4 PAYMENTS INC | 29,148,000 | $29.6B | 0.65% | |
| 54 | WGO 3.25 01/15/30WINNEBAGO INDUSTRIES | 32,111,000 | $28.2B | 0.62% | |
| 55 | ETSY 0.125 09/01/27ETSY INC | 31,669,000 | $27.9B | 0.61% | |
| 56 | EVH 3.5 12/01/29EVOLENT HEALTH INC | 34,083,000 | $27.9B | 0.61% | |
| 57 | FE 4 05/01/26FIRSTENERGY CORP | 27,394,000 | $27.8B | 0.61% | |
| 58 | VSH 2.25 09/15/30VISHAY INTERTECHNOLOGY | 31,220,000 | $27.7B | 0.61% | |
| 59 | LITE 0.5 12/15/26LUMENTUM HOLDINGS INC | 24,756,000 | $25.8B | 0.57% | |
| 60 | NET 0 08/15/26CLOUDFLARE INC | 24,594,000 | $24.7B | 0.54% | |
| 61 | NEO 0.25 01/15/28NEOGENOMICS INC | 27,984,000 | $24.3B | 0.53% | |
| 62 | XYZ 0.25 11/01/27BLOCK INC | 27,244,000 | $24.1B | 0.53% | |
| 63 | FLR 1.125 08/15/29FLUOR CORP | 22,399,000 | $23.8B | 0.52% | |
| 64 | PEB 1.75 12/15/26PEBBLEBROOK HOTEL TRUST | 24,901,000 | $23.3B | 0.51% | |
| 65 | SHAK 0 03/01/28SHAKE SHACK INC | 24,935,000 | $23.1B | 0.51% | |
| 66 | WK 1.25 08/15/28WORKIVA INC | 24,203,000 | $22.6B | 0.50% | |
| 67 | ENOV 3.875 10/15/28ENOVIS CORP | 20,801,000 | $21.3B | 0.47% | |
| 68 | LUV 1.25 05/01/25SOUTHWEST AIRLINES CO | 20,378,000 | $20.4B | 0.45% | |
| 69 | PCG 6 12/01/27 APG&E CORP | 429,682 | $18.8B | 0.41% | |
| 70 | STX 3.5 06/01/28SEAGATE HDD CAYMAN | 15,355,000 | $18.5B | 0.41% | |
| 71 | F 0 03/15/26FORD MOTOR COMPANY | 18,682,000 | $18.3B | 0.40% | |
| 72 | ENPH 0 03/01/28ENPHASE ENERGY INC | 21,513,000 | $18.3B | 0.40% | |
| 73 | RDFN 0.5 04/01/27REDFIN CORP | 20,776,000 | $18.3B | 0.40% | |
| 74 | TMDX 1.5 06/01/28TRANSMEDICS GROUP INC | 16,872,000 | $18.1B | 0.40% | |
| 75 | HPE 7.625 09/01/27HP ENTERPRISE CO | 369,799 | $17.6B | 0.39% | |
| 76 | NBR 1.75 06/15/29NABORS INDUSTRIES INC | 25,892,000 | $17.4B | 0.38% | |
| 77 | HALO 0.25 03/01/27HALOZYME THERAPEUTICS IN | 16,045,000 | $17.1B | 0.37% | |
| 78 | TNDM 1.5 03/15/29 2024TANDEM DIABETES CARE INC | 17,062,000 | $16.1B | 0.35% | |
| 79 | BABAAlibaba Group Holding Ltd | 120,000 | $15.9B | 0.35% | Call |
| 80 | LYV 3.125 01/15/29LIVE NATION ENTERTAINMEN | 11,191,000 | $15.6B | 0.34% | |
| 81 | BBIO 2.25 02/01/29BRIDGEBIO PHARMA INC | 16,798,000 | $15.1B | 0.33% | |
| 82 | BURL 1.25 12/15/27BURLINGTON STORES INC | 11,199,000 | $14.8B | 0.32% | |
| 83 | WOLF 1.875 12/01/29WOLFSPEED INC | 65,475,000 | $14.7B | 0.32% | |
| 84 | HALO 1 08/15/28HALOZYME THERAPEUTICS IN | 11,220,000 | $14.4B | 0.32% | |
| 85 | FIVN 1 03/15/29FIVE9 INC | 16,551,000 | $14.2B | 0.31% | |
| 86 | PD 1.5 10/15/28 *PAGERDUTY INC. | 14,167,000 | $14.1B | 0.31% | |
| 87 | SPOT 0 03/15/26SPOTIFY USA INC | 11,420,000 | $13.6B | 0.30% | |
| 88 | DDOG 0.125 06/15/25DATADOG INC | 12,089,000 | $13.6B | 0.30% | |
| 89 | TYL 0.25 03/15/26TYLER TECHNOLOGIES INC | 11,100,000 | $13.6B | 0.30% | |
| 90 | CABO 1.125 03/15/28CABLE ONE INC | 15,822,000 | $12.6B | 0.28% | |
| 91 | NCLH 5.375 08/01/25NCL CORPORATION LTD | 11,042,000 | $12.6B | 0.28% | |
| 92 | LNT 3.875 03/15/26ALLIANT ENERGY CORP | 11,680,000 | $12.5B | 0.27% | |
| 93 | CSWC 5.125 11/15/29CAPITAL SOUTHWEST CORP | 12,700,000 | $12.4B | 0.27% | |
| 94 | LITE 1.5 12/15/29LUMENTUM HOLDINGS INC | 9,787,000 | $11.5B | 0.25% | |
| 95 | RPD 1.25 03/15/29RAPID7 INC | 13,373,000 | $11.5B | 0.25% | |
| 96 | PSN 2.625 03/01/29PARSONS CORP | 11,010,000 | $11.0B | 0.24% | |
| 97 | AAL 6.5 07/01/25AMERICAN AIRLINES GROUP | 10,105,000 | $10.1B | 0.22% | |
| 98 | SHOPCN 0.125 11/01/25SHOPIFY INC | 9,895,000 | $9.9B | 0.22% | |
| 99 | GTLS 6.75 12/15/25 BCHART INDUSTRIES INC | 177,618 | $9.8B | 0.21% | |
| 100 | NTNX 0.25 10/01/27NUTANIX INC | 7,143,000 | $9.5B | 0.21% |
Page 1 of 3Next