ADVENT CAPITAL MANAGEMENT /DE/ Q4 2018 Filing

Filed February 14, 2019

Portfolio Value

$4.1T

Holdings

244

Report Date

Q4 2018

Filing Type

13F-HR

All Holdings (244 positions)

#	Stock	Shares	Value	% Portfolio
1	WFC 7.5 PERP LWELLS FARGO & COMPANY	105,701	$134.4B	3.25%
2	BAC 7.25 PERP LBANK OF AMERICA CORP	92,512	$115.5B	2.79%
3	—BOOKING HOLDINGS INC	84,644,000	$93.6B	2.26%
4	—CTRIP.COM INTL LTD	82,708,000	$76.7B	1.86%
5	—ARES CAPITAL CORP	76,147,000	$76.0B	1.84%
6	—SYNAPTICS INC	85,722,000	$75.2B	1.82%
7	—DYCOM INDUSTRIES INC	75,262,000	$69.5B	1.68%
8	—VERINT SYSTEMS INC	71,267,000	$69.5B	1.68%
9	BMRN 0.599 08/01/24BIOMARIN PHARMACEUTICAL	63,655,000	$63.5B	1.54%
10	ELV 2.75 10/15/42ANTHEM INC	17,416,000	$63.1B	1.53%
11	—BOOKING HOLDINGS INC	45,844,000	$61.6B	1.49%
12	—TEVA PHARM FIN CO LLC	67,030,000	$60.7B	1.47%
13	DISH 3.375 08/15/26DISH NETWORK CORP	73,098,000	$59.4B	1.44%
14	HTHT 0.375 11/01/22HUAZHU GROUP LTD	59,922,000	$58.6B	1.42%
15	—TWITTER INC	61,962,000	$56.7B	1.37%
16	—ILLUMINA INC	41,415,000	$54.4B	1.31%
17	—WHITING PETROLEUM CORP	55,134,000	$52.2B	1.26%
18	—CSG SYSTEMS INTERNATIONA	52,456,000	$52.1B	1.26%
19	—CHESAPEAKE ENERGY CORP	63,040,000	$51.3B	1.24%
20	—MERITOR INC	58,109,000	$51.1B	1.23%
21	—IH MERGER SUB LLC	49,449,000	$50.8B	1.23%
22	—FIREEYE INC	55,070,000	$50.4B	1.22%
23	—NEXTERA ENERGY INC	868,337	$50.2B	1.21%
24	—NUANCE COMMUNICATIONS	57,319,000	$49.9B	1.21%
25	VIAV 1 03/01/24VIAVI SOLUTIONS INC	49,064,000	$48.7B	1.18%
26	—BECTON DICKINSON AND CO	841,550	$48.7B	1.18%
27	—CITRIX SYSTEMS INC	34,157,000	$48.6B	1.18%
28	—ARCONIC INC	47,973,000	$47.6B	1.15%
29	MCHP 1.625 02/15/27MICROCHIP TECHNOLOGY INC	48,670,000	$47.5B	1.15%
30	—IONIS PHARMACEUTICALS IN	44,032,000	$47.4B	1.15%
31	—LIBERTY MEDIA CORP	94,123,000	$46.7B	1.13%
32	ATSG 1.125 10/15/24AIR TRANSPORT SERVICES G	47,122,000	$45.1B	1.09%
33	—INPHI CORP	48,107,000	$44.8B	1.08%
34	—SPIRIT REALTY CAPITAL IN	43,569,000	$43.5B	1.05%
35	LMCA 1.375 10/15/23LIBERTY MEDIA CORP	39,908,000	$42.8B	1.03%
36	—STANLEY BLACK & DECKER I	466,388	$42.7B	1.03%
37	—NXP SEMICONDUCTOR NV	42,175,000	$42.4B	1.02%
38	—ALLSCRIPTS HEALTHCARE SO	42,343,000	$41.0B	0.99%
39	—JAZZ INVESTMENTS I LTD	41,899,000	$40.7B	0.98%
40	EXASEXACT SCIENCES CORP	36,826,000	$40.4B	0.98%
41	DISH 2.375 03/15/24DISH NETWORK CORP	49,846,000	$39.7B	0.96%
42	—SERVICENOW INC	27,593,000	$38.7B	0.94%
43	INVA 2.125 01/15/23INNOVIVA INC	34,364,000	$37.3B	0.90%
44	—TERADYNE INC	30,886,000	$36.8B	0.89%
45	—DOMINION ENERGY INC	756,351	$36.3B	0.88%
46	—MARRIOTT VACATION WORLDW	41,472,000	$35.9B	0.87%
47	STWD 4.375 04/01/23STARWOOD PROPERTY TRUST	35,421,000	$35.1B	0.85%
48	—CARDTRONICS INC	36,505,000	$34.1B	0.83%
49	—OSI SYSTEMS INC	35,245,000	$32.8B	0.79%
50	—CROWN CASTLE INTL CORP	31,139	$32.8B	0.79%
51	—BLACKSTONE MORTGAGE TR	33,249,000	$32.3B	0.78%
52	—NOVELLUS SYSTEMS INC	7,744,000	$32.1B	0.78%
53	LITE 0.25 03/15/24LUMENTUM HOLDINGS INC	31,842,000	$31.9B	0.77%
54	—ELECTRONICS FOR IMAGING	32,471,000	$31.6B	0.76%
55	—GREENBRIER COS INC	30,772,000	$30.3B	0.73%
56	—ATLAS AIR WORLDWIDE HLDG	30,081,000	$29.3B	0.71%
57	—PACIRA PHARMACEUTICALS	29,222,000	$29.1B	0.70%
58	BXMT 4.75 03/15/23BLACKSTONE MORTGAGE TR	29,261,000	$28.5B	0.69%
59	—NUANCE COMMUNICATIONS	31,060,000	$27.5B	0.66%
60	—WORKDAY INC	21,498,000	$26.5B	0.64%
61	PRAA 3.5 06/01/23PRA GROUP INC	31,174,000	$26.4B	0.64%
62	—MACQUARIE INFRASTRUCTURE	30,213,000	$26.3B	0.64%
63	—ZILLOW GROUP INC	29,939,000	$26.0B	0.63%
64	—CYPRESS SEMICONDUCTOR CO	27,088,000	$25.9B	0.63%
65	—RED HAT INC	10,843,000	$25.9B	0.63%
66	—BIOMARIN PHARMACEUTICAL	23,153,000	$25.9B	0.63%
67	VECO 2.7 01/15/23VEECO INSTRUMENTS INC	33,796,000	$25.4B	0.61%
68	—NEVRO CORP	26,760,000	$24.9B	0.60%
69	—NUVASIVE INC	23,580,000	$24.8B	0.60%
70	—CAESARS ENTERTAIN CORP	19,746,000	$24.5B	0.59%
71	JAZZ 1.5 08/15/24JAZZ INVESTMENTS I LTD	26,825,000	$24.3B	0.59%
72	—INTL FLAVOR & FRAGRANCES	473,750	$24.2B	0.58%
73	—TPG SPECIALTY LENDING IN	23,797,000	$23.4B	0.56%
74	INSM 1.75 01/15/25INSMED INC	32,153,000	$22.6B	0.55%
75	—FINISAR CORP	23,647,000	$22.6B	0.55%
76	—CENTERPOINT ENERGY INC	445,050	$22.4B	0.54%
77	SM 1.5 07/01/21SM ENERGY CO	24,256,000	$22.3B	0.54%
78	—ON SEMICONDUCTOR CORP	20,764,000	$22.3B	0.54%
79	—INTERCEPT PHARMAS	23,118,000	$21.3B	0.52%
80	—OASIS PETROLEUM INC	23,751,000	$21.1B	0.51%
81	—PRA GROUP INC	22,439,000	$20.7B	0.50%
82	—QUOTIENT TECHNOLOGY INC	21,715,000	$20.4B	0.49%
83	—TESLA INC	18,155,000	$20.4B	0.49%
84	—COLONY CAPITAL INC	21,431,000	$20.0B	0.48%
85	—BLACKROCK CAPITAL INVEST	20,417,000	$20.0B	0.48%
86	—MICRON TECHNOLOGY INC	17,961,000	$19.9B	0.48%
87	—CYPRESS SEMICONDUCTOR CO	16,750,000	$19.8B	0.48%
88	AAWW 1.875 06/01/24ATLAS AIR WORLDWIDE HLDG	17,918,000	$17.1B	0.41%
89	—VEREIT INC	16,650,000	$16.4B	0.40%
90	—BLACKROCK TCP CAP CORP	16,625,000	$16.3B	0.39%
91	—EURONET WORLDWIDE INC	10,998,000	$15.7B	0.38%
92	—ZILLOW INC	15,911,000	$15.6B	0.38%
93	—CLOVIS ONCOLOGY INC	18,512,000	$15.6B	0.38%
94	—HERCULES CAPITAL INC	14,777,000	$14.1B	0.34%
95	NBIX 2.25 05/15/24NEUROCRINE BIOSCIENCES	11,756,000	$14.0B	0.34%
96	—QTS REALTY TRUST INC	144,337	$13.7B	0.33%
97	—GOLAR LNG LTD	14,586,000	$13.6B	0.33%
98	—SPIRIT REALTY CAPITAL IN	13,626,000	$13.4B	0.32%
99	—GOLDMAN SACHS BDC INC	13,109,000	$12.8B	0.31%
100	FLG 6 11/01/51NY COMMUNITY CAP TRUST V	280,852	$12.6B	0.30%

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