ADVENT CAPITAL MANAGEMENT /DE/ Q4 2020 Filing

Filed February 16, 2021

Portfolio Value

$4.7T

Holdings

199

Report Date

Q4 2020

Filing Type

13F-HR

All Holdings (199 positions)

#	Stock	Shares	Value	% Portfolio
1	LUV 1.25 05/01/25SOUTHWEST AIRLINES CO	130,172,000	$189.5B	4.04%
2	AKAM 0.375 09/01/27AKAMAI TECHNOLOGIES INC	119,741,000	$133.8B	2.85%
3	—FORTIVE CORPORATION	118,703,000	$122.2B	2.60%
4	EEFT 0.75 03/15/49EURONET WORLDWIDE INC	95,891,000	$107.9B	2.30%
5	—PROOFPOINT INC	94,734,000	$106.0B	2.26%
6	DISH 3.375 08/15/26DISH NETWORK CORP	101,930,000	$97.5B	2.08%
7	BMRN 0.599 08/01/24BIOMARIN PHARMACEUTICAL	84,134,000	$90.5B	1.93%
8	ILMN 0 08/15/23ILLUMINA INC	77,800,000	$87.7B	1.87%
9	SWK 5.25 11/15/22STANLEY BLACK & DECKER I	731,406	$80.5B	1.72%
10	—TWITTER INC	65,141,000	$79.1B	1.69%
11	IONS 0.125 12/15/24IONIS PHARMACEUTICALS IN	76,017,000	$78.2B	1.67%
12	—TESLA INC	7,250,000	$77.9B	1.66%
13	—WORKDAY INC	45,681,000	$76.4B	1.63%
14	WDC 1.5 02/01/24WESTERN DIGITAL CORP	76,466,000	$76.1B	1.62%
15	PEB 1.75 12/15/26PEBBLEBROOK HOTEL TRUST	68,829,000	$73.4B	1.56%
16	LMCA 1.375 10/15/23LIBERTY MEDIA CORP	56,252,000	$71.2B	1.52%
17	—BOOKING HOLDINGS INC	60,317,000	$70.5B	1.50%
18	HLF 2.625 03/15/24HERBALIFE LTD	60,338,000	$64.7B	1.38%
19	—TESLA INC	5,525,000	$62.8B	1.34%
20	PANW 0.75 07/01/23PALO ALTO NETWORKS	42,424,000	$60.0B	1.28%
21	LITE 0.5 12/15/26LUMENTUM HOLDINGS INC	46,825,000	$57.1B	1.22%
22	—SYNAPTICS INC	41,133,000	$56.7B	1.21%
23	—FIREEYE INC	46,143,000	$56.1B	1.19%
24	CYBR 0 11/15/24CYBERARK SOFTWARE LTD	46,135,000	$56.1B	1.19%
25	KBR 2.5 11/01/23KBR INC	40,033,000	$54.8B	1.17%
26	ARCC 4.625 03/01/24ARES CAPITAL CORP	51,722,000	$54.5B	1.16%
27	NEE 6.219 09/01/23NEXTERA ENERGY INC	1,061,504	$54.1B	1.15%
28	VSH 2.25 06/15/25VISHAY INTERTECHNOLOGY	51,360,000	$53.3B	1.14%
29	—TERADYNE INC	13,941,000	$52.7B	1.12%
30	ELV 2.75 10/15/42ANTHEM INC	11,459,000	$51.5B	1.10%
31	—ILLUMINA INC	35,017,000	$51.2B	1.09%
32	LGND 0.75 05/15/23LIGAND PHARMACEUTICALS I	53,485,000	$50.8B	1.08%
33	—REALPAGE INC	39,038,000	$50.2B	1.07%
34	—DOMINION ENERGY INC	482,474	$48.0B	1.02%
35	—ON SEMICONDUCTOR CORP	27,698,000	$46.9B	1.00%
36	—ZYNGA INC	35,032,000	$46.8B	1.00%
37	—VERINT SYSTEMS INC	42,384,000	$46.5B	0.99%
38	—LIBERTY MEDIA CORP	94,801,000	$45.0B	0.96%
39	NRG 2.75 06/01/48NRG ENERGY INC	38,444,000	$43.7B	0.93%
40	NEE 5.279 03/01/23NEXTERA ENERGY INC	834,420	$42.2B	0.90%
41	EXAS 0.375 03/01/28EXACT SCIENCES CORP	31,574,000	$41.2B	0.88%
42	JAZZ 1.5 08/15/24JAZZ INVESTMENTS I LTD	37,406,000	$40.1B	0.86%
43	—DTE ENERGY CO	837,547	$39.9B	0.85%
44	AYX 1 08/01/26ALTERYX INC	37,490,000	$39.6B	0.84%
45	PDD 0 12/01/25PINDUODUO INC	31,453,000	$39.0B	0.83%
46	EXAS 0.375 03/15/27EXACT SCIENCES CORP	27,870,000	$38.8B	0.83%
47	—VONAGE HOLDINGS CORP	34,607,000	$37.7B	0.80%
48	—MARRIOTT VACATION WORLDW	32,661,000	$37.4B	0.80%
49	—ARES CAPITAL CORP	36,088,000	$37.0B	0.79%
50	—GREENBRIER COS INC	35,475,000	$36.2B	0.77%
51	VIAV 1 03/01/24VIAVI SOLUTIONS INC	27,805,000	$36.0B	0.77%
52	—MACQUARIE INFRASTRUCTURE	33,820,000	$33.8B	0.72%
53	—CSG SYSTEMS INTERNATIONA	31,326,000	$33.3B	0.71%
54	—AMERICAN ELECTRIC POWER	655,158	$32.7B	0.70%
55	SRPT 1.5 11/15/24SAREPTA THERAPEUTICS INC	13,307,000	$32.6B	0.69%
56	—NEW RELIC INC	32,022,000	$31.6B	0.67%
57	—TWITTER INC	30,245,000	$30.9B	0.66%
58	—CHANGE HEALTHCARE INC	473,348	$30.9B	0.66%
59	NTNX 0 01/15/23NUTANIX INC	30,450,000	$30.9B	0.66%
60	PSTG 0.125 04/15/23PURE STORAGE INC	27,680,000	$30.6B	0.65%
61	STWD 4.375 04/01/23STARWOOD PROPERTY TRUST	29,708,000	$29.6B	0.63%
62	SNAP 0.75 08/01/26SNAP INC	12,766,000	$29.0B	0.62%
63	PODD 0.375 09/01/26INSULET CORPORATION	21,672,000	$28.8B	0.61%
64	ATSG 1.125 10/15/24AIR TRANSPORT SERVICES G	24,290,000	$28.7B	0.61%
65	—OSI SYSTEMS INC	26,137,000	$28.2B	0.60%
66	—CHENIERE ENERGY INC	35,228,000	$27.4B	0.58%
67	—MICRON TECHNOLOGY INC	3,585,000	$27.0B	0.57%
68	—SOUTHERN CO	524,806	$26.9B	0.57%
69	—INTERDIGITAL INC	24,850,000	$26.2B	0.56%
70	INSM 1.75 01/15/25INSMED INC	22,362,000	$25.3B	0.54%
71	—MERITOR INC	21,670,000	$25.1B	0.53%
72	MCHP 1.625 02/15/27MICROCHIP TECHNOLOGY INC	12,276,000	$24.9B	0.53%
73	LYV 2.5 03/15/23LIVE NATION ENTERTAINMEN	18,977,000	$24.6B	0.52%
74	—SUPERNUS PHARMACEUTICALS	25,556,000	$24.4B	0.52%
75	NEE 4.872 09/01/22NEXTERA ENERGY INC	394,739	$23.3B	0.50%
76	—AMERICAN ELECTRIC POWER	451,413	$22.4B	0.48%
77	—INTERCEPT PHARMAS	27,397,000	$21.7B	0.46%
78	PENN 2.75 05/15/26PENN NATIONAL GAMING INC	5,725,000	$21.6B	0.46%
79	INVA 2.125 01/15/23INNOVIVA INC	21,293,000	$21.3B	0.45%
80	—PLURALSIGHT INC	19,929,000	$19.7B	0.42%
81	—NUVASIVE INC	19,536,000	$19.6B	0.42%
82	SHOPCN 0.125 11/01/25SHOPIFY INC	16,460,000	$19.4B	0.41%
83	BNFT 1.25 12/15/23BENEFITFOCUS INC	21,744,000	$19.2B	0.41%
84	MCHP 0.125 11/15/24MICROCHIP TECHNOLOGY INC	16,930,000	$18.7B	0.40%
85	OKTA 0.125 09/01/25OKTA INC	12,111,000	$18.1B	0.39%
86	Z 0.75 09/01/24ZILLOW GROUP INC	6,000,000	$18.0B	0.38%
87	—ZILLOW GROUP INC	10,199,000	$17.4B	0.37%
88	SSRMCN 2.5 04/01/39SSR MINING INC	11,989,000	$16.4B	0.35%
89	AAL 6.5 07/01/25AMERICAN AIRLINES GROUP	12,886,000	$16.2B	0.35%
90	—ENVESTNET INC	12,171,000	$16.2B	0.34%
91	RWT 4.75 08/15/23REDWOOD TRUST INC	16,674,000	$15.8B	0.34%
92	AKAM 0.125 05/01/25AKAMAI TECHNOLOGIES INC	12,642,000	$15.7B	0.33%
93	—NEW MOUNTAIN FINANCE COR	14,788,000	$15.3B	0.33%
94	PRAA 3.5 06/01/23PRA GROUP INC	13,447,000	$14.7B	0.31%
95	—PACIRA BIOSCIENCES INC	12,796,000	$14.7B	0.31%
96	TVTX 2.5 09/15/25TRAVERE THERAPEUTICS INC	13,618,000	$13.8B	0.29%
97	Z 2.75 05/15/25ZILLOW GROUP INC	6,520,000	$13.6B	0.29%
98	FLG 6 11/01/51NY COMMUNITY CAP TRUST V	289,489	$13.4B	0.29%
99	—COLFAX CORP	82,062	$13.1B	0.28%
100	—NUANCE COMMUNICATIONS	5,510,000	$12.6B	0.27%

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