CAMDEN ASSET MANAGEMENT L P /CA

CIK: 0000903944SEC EDGAR →

Portfolio Value

$4.0B

Holdings

73

As of

Q4 2025

New Positions

10

Closed Positions

23

Portfolio Value History

Top 10 Holdings

Rank	Stock	Shares	Value	% of Portfolio
1	F 0 03/15/26 FORD MOTOR COMPANY CV 0PERCENT 031526 REG	229,795,000	$238.6M	6.04%
2	NEE NEXTERA ENERGY CAPITAL CV 3PERCENT 030127 REG	173,693,000	$215.6M	5.45%
3	ABNB 0 03/15/26 AIRBNB INC CV 0PERCENT 031526 REG	189,700,000	$187.7M	4.75%
4	BAC 7.25 PERP L BANK OF AMERICA CORP 7.25PERCENT CV PFD L	137,729	$172.1M	4.36%
5	DUK 4.125 04/15/26 DUKE ENERGY CORP CV 4.125PERCENT 041526 REG	154,379,000	$159.0M	4.02%
6	WEC 4.375 06/01/27 WEC ENERGY GROUP IN CV 4.375PERCENT 060127 REG	137,234,000	$155.0M	3.92%
7	EVRG 4.5 12/15/27 EVERGY INC CV 4.5PERCENT 121527 REG	114,696,000	$139.6M	3.53%
8	VTR 3.75 06/01/26 VENTAS REALTY LP CV 3.75PERCENT 060126 REG	85,155,000	$120.2M	3.04%
9	OKTA 0.375 06/15/26 OKTA INC CV 0.375PERCENT 061526 REG	101,535,000	$99.1M	2.51%
10	EXPE 0 02/15/26 EXPEDIA GROUP INC CV 0PERCENT 021526 REG	87,966,000	$98.1M	2.48%

Quarterly Changes

Top Buys

F 0 03/15/26↑ Increased

$228.1B

ABNB 0 03/15/26↑ Increased

$182.0B

BAC 7.25 PERP L↑ Increased

$163.8B

DUK 4.125 04/15/26↑ Increased

$114.8B

VTR 3.75 06/01/26↑ Increased

$108.3B

Top Sells

NEE↓ Decreased

$259.1B

EVRG 4.5 12/15/27↓ Decreased

$209.3B

WEC 4.375 06/01/27↓ Decreased

$170.9B

UBER 0.875 12/01/28 2028↓ Decreased

$150.7B

WDC 3 11/15/28CLOSED

$118.0B

New Positions (3)

SO 7.125 12/15/28 A

$83.1M · 1.7M shares

NTNX 0.5 12/15/29

$59.7M · 61.9M shares

OSIS 2.25 08/01/29

$14.8M · 10.0M shares

Closed Positions (14)

$118.0B · 36.8M shares

SHOPCN 0.125 11/01/25

$85.7B · 81.6M shares

HAE 2.5 06/01/29

$63.9B · 69.3M shares

HALO 1 08/15/28

$49.5B · 35.2M shares

BBIO 2.25 02/01/29

$33.5B · 34.0M shares

SHAK 0 03/01/28

$24.3B · 25.7M shares

AKAM 1.125 02/15/29

$19.2B · 20.5M shares

PD 1.5 10/15/28 *

$18.7B · 19.1M shares

PTCT 1.5 09/15/26

$16.0B · 12.5M shares

AEIS 2.5 09/15/28

$15.2B · 11.0M shares

TNDM 1.5 03/15/29 2024

$12.2B · 14.0M shares

$9.5B · 330K shares

W 3.25 09/15/27

$4.4B · 2.9M shares

CMS 3.375 05/01/28

$3.8B · 3.5M shares

Sector Breakdown

Sector	# Holdings	Value	%
Unknown	70	$3.7B	94.2%
Utilities	1	$215.6M	5.5%
Communication Services	1	$13.9M	0.4%
Technology	1	$0	0.0%