Latest ADVENT CAPITAL MANAGEMENT /DE/ Stock Portfolio

$3.93Billion– No. of Holdings #30

ADVENT CAPITAL MANAGEMENT /DE/ Performance:

2024 Q1: 4.21%YTD: 4.21%2023: 1.64%

Performance for 2024 Q1 is 4.21%, and YTD is 4.21%, and 2023 is 1.64%.

About ADVENT CAPITAL MANAGEMENT /DE/ and 13F Hedge Fund Stock Holdings

ADVENT CAPITAL MANAGEMENT /DE/ is a hedge fund based in NEW YORK, NY. On 12-Jun-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $8.8 Billions. In it's latest 13F Holdings report, ADVENT CAPITAL MANAGEMENT /DE/ reported an equity portfolio of $3.9 Billions as of 31 Mar, 2024.

The top stock holdings of ADVENT CAPITAL MANAGEMENT /DE/ are GOOG, UPS, ABBV. The fund has invested 0.1% of it's portfolio in ALPHABET INC and 0.1% of portfolio in UNITED PARCEL SERVICE INC.

The fund managers got completely rid off FREEPORT-MCMORAN INC (FCX), PFIZER INC (PFE) and BOEING CO/THE (BA) stocks. They significantly reduced their stock positions in NEXTERA ENERGY INC (NEE), ABBVIE INC (ABBV) and MIRUM PHARMACEUTICALS INC (MIRM). ADVENT CAPITAL MANAGEMENT /DE/ opened new stock positions in UNITED PARCEL SERVICE INC (UPS), MONGODB INC (MDB) and ZOETIS INC (ZTS). The fund showed a lot of confidence in some stocks as they added substantially to AMGEN INC (AMGN), ENPHASE ENERGY INC (ENPH) and ALPHABET INC (GOOG).

ADVENT CAPITAL MANAGEMENT /DE/ Equity Portfolio Value

Last Reported on: 14 May, 2024

ADVENT CAPITAL MANAGEMENT /DE/ Annual Return Estimates Vs S&P 500

Our best estimate is that ADVENT CAPITAL MANAGEMENT /DE/ made a return of 4.21% in the last quarter. In trailing 12 months, it's portfolio return was 12.26%.

New Buys

Ticker	$ Bought
microchip technology inc.	32,589,300
jetblue airways corp	14,529,800
ati inc	7,528,910
united parcel service inc	4,458,900
mongodb inc	3,586,400
zoetis inc	3,384,200
progress software corp	3,333,440
eventbrite inc	3,229,780

New stocks bought by ADVENT CAPITAL MANAGEMENT /DE/

Additions

Ticker	% Inc.
lumentum hldgs inc	10,911
shake shack inc	895
dropbox inc	700
exact sciences corp	600
etsy inc	248
wolfspeed inc	241
ford mtr co del	127
amgen inc	114

Additions to existing portfolio by ADVENT CAPITAL MANAGEMENT /DE/

Reductions

Ticker	% Reduced
natera inc	-99.96
wolfspeed inc	-98.13
integra lifesciences hldgs c	-96.61
bill holdings inc	-94.41
cable one inc	-93.44
unity software inc	-91.14
envista holdings corporation	-88.52
lyft inc	-86.98

ADVENT CAPITAL MANAGEMENT /DE/ reduced stake in above stock

Sold off

Ticker	$ Sold
guardant health inc	-30,176,800
alteryx inc	-39,052,000
okta inc	-28,139,500
splunk inc	-25,803,600
neogenomics inc	-21,562,500
eqt corp	-60,892,300
realogy group/co-issuer	-10,628,300
sunnova energy intl inc	-7,637,150

ADVENT CAPITAL MANAGEMENT /DE/ got rid off the above stocks

Sector Distribution

ADVENT CAPITAL MANAGEMENT /DE/ has about 25.6% of it's holdings in Technology sector.

Sector	%
Technology	25.6
Healthcare	21.6
Communication Services	13.2
Consumer Cyclical	9.3
Financial Services	8.3
Industrials	6.4
Energy	5.1
Basic Materials	3.8
Utilities	2.7
Others	2.2
Consumer Defensive	1.6

Market Cap. Distribution

ADVENT CAPITAL MANAGEMENT /DE/ has about 88.8% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	66.5
MEGA-CAP	22.3
MID-CAP	6.8
UNALLOCATED	2.2
SMALL-CAP	2.1

Stocks belong to which Index?

About 0% of the stocks held by ADVENT CAPITAL MANAGEMENT /DE/ either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	100

Top 5 Winners (%)		%
MU	micron technology inc	34.7 %
SQ	block inc	24.6 %
SRPT	sarepta therapeutics inc	23.5 %
ABBV	abbvie inc	16.2 %
CB	chubb limited	14.7 %

Top 5 Winners ($)		$
ABBV	abbvie inc	0.8 M
JPM	jpmorgan chase & co	0.5 M
SRPT	sarepta therapeutics inc	0.5 M
CRM	salesforce inc	0.4 M
SQ	block inc	0.4 M

Top 5 Losers (%)		%
EB	eventbrite inc	-29.6 %
ZS	zscaler inc	-16.7 %
MIRM	mirum pharmaceuticals inc	-12.9 %
ZTS	zoetis inc	-10.5 %
MDB	mongodb inc	-10.5 %

Top 5 Losers ($)		$
ZS	zscaler inc	-0.4 M
MDB	mongodb inc	-0.4 M
ZTS	zoetis inc	-0.4 M
ENPH	enphase energy inc	-0.1 M
TTWO	take-two interactive softwar	-0.1 M

ADVENT CAPITAL MANAGEMENT /DE/ Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of ADVENT CAPITAL MANAGEMENT /DE/

ADVENT CAPITAL MANAGEMENT /DE/ has 30 stocks in it's portfolio. About 0.9% of the portfolio is in top 10 stocks. ZS proved to be the most loss making stock for the portfolio. ABBV was the most profitable stock for ADVENT CAPITAL MANAGEMENT /DE/ last quarter.

Last Reported on: 14 May, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAL	american airlines group	1.83	60,998,000	71,869,100	reduced	-20.66

ABBV	abbvie inc	0.09	20,000	3,642,000	reduced	-33.33

ABNB	airbnb inc	0.01	316,000	294,645	unchanged	0.00

AES	aes corp/the	0.00	0.00	0.00	sold off	-100

AFRM	affirm holdings inc	2.15	101,112,000	84,443,100	reduced	-16.75

AFRM	affirm hldgs inc	0.00	2,600	96,876	new

AKAM	akamai technologies inc	1.50	55,671,000	59,019,100	added	90.75

AKAM	akamai technologies inc	0.10	3,190,000	3,780,230	unchanged	0.00

ALNY	alnylam pharmaceuticals	1.08	44,967,000	42,591,700	reduced	-17.84

ALTR	altair engineering inc	0.00	0.00	0.00	sold off	-100

AMGN	amgen inc	0.07	10,000	2,843,200	added	114

AMZN	amazon com inc	0.02	3,500	631,330	new

AQN	algonquin pwr utils corp	0.03	55,000	1,216,600	unchanged	0.00

ARRY	array technologies inc	1.56	65,584,000	61,215,500	added	13.27

ATI	ati inc	0.19	2,261,000	7,528,910	new

AXON	axon enterprise inc	0.00	1,000	1,460	new

AYX	alteryx inc	0.00	0.00	0.00	sold off	-100

BA	boeing co/the	0.00	0.00	0.00	sold off	-100

BAC	bank america corp	5.55	181,779	218,471,000	reduced	-2.07

BAC	bank america corp	0.02	20,000	758,400	new