Latest ADVENT CAPITAL MANAGEMENT /DE/ Stock Portfolio

ADVENT CAPITAL MANAGEMENT /DE/ Performance:

2025 Q4: -1.26%YTD: 4.61%2024: 1.16%

Performance for 2025 Q4 is -1.26%, and YTD is 4.61%, and 2024 is 1.16%.

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 2026-02-09, the fund reported it's updated stock portfolio. In the 13F Holdings report, ADVENT CAPITAL MANAGEMENT /DE/ reported an equity portfolio of $5 Billions as of 31 Dec, 2025.

The top stock holdings of ADVENT CAPITAL MANAGEMENT /DE/ are , ETN, NOC. The fund has invested 0.5% of it's portfolio in ADVENT CONVERTIBLE BOND ETF and 0.1% of portfolio in EATON CORP PLC.

The fund managers got completely rid off AMGEN INC (AMGN), DIAMONDBACK ENERGY INC (FANG) and AMAZON.COM INC (AMZN) stocks. ADVENT CAPITAL MANAGEMENT /DE/ opened new stock positions in NORTHROP GRUMMAN CORP (NOC), ABBVIE INC (ABBV) and GENERAL MOTORS CO (GM). The fund showed a lot of confidence in some stocks as they added substantially to BROADCOM INC (AVGO), VERTIV HOLDINGS CO (VRT) and EATON CORP PLC (ETN).

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

Our best estimate is that ADVENT CAPITAL MANAGEMENT /DE/ made a return of -1.26% in the last quarter. In trailing 12 months, it's portfolio return was 4.61%.

Performance
S&P 500

New Buys

Ticker	$ Bought
live nation entertainmen	69,739,500
affirm holdings inc	50,596,300
southern co	45,638,600
datadog inc	37,455,800
novanta inc	31,703,900
blackline inc	27,149,500
bill holdings inc	24,142,800
varonis system inc	19,857,200

New stocks bought by ADVENT CAPITAL MANAGEMENT /DE/

Additions

Ticker	% Inc.
nutanix inc	15,076
integer holdings corp	3,165
mks inc	547
itron inc	316
spotify usa inc	312
live nation entertainmen	201
applied optoelectronics	177
immunocore holdings	166

Additions to existing portfolio by ADVENT CAPITAL MANAGEMENT /DE/

Reductions

Ticker	% Reduced
confluent inc	-99.31
penn entertainment inc	-97.7
halozyme therapeutics in	-97.24
herbalife ltd	-89.65
bentley systems inc	-85.62
cable one inc	-84.91
itron inc	-84.21
jazz investments i ltd	-83.86

ADVENT CAPITAL MANAGEMENT /DE/ reduced stake in above stock

Sold off

Ticker	$ Sold
airbnb inc	-39,511,600
alarm.com hldgs inc	-16,901,300
shopify inc	-17,062,800
uber technologies inc	-18,722,500
microchip technology inc	-14,385,600
pagerduty inc.	-13,210,800
cable one inc	-11,644,900
new mountain finance cor	-10,557,500

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

Sector Distribution

ADVENT CAPITAL MANAGEMENT /DE/ has about 44.6% of it's holdings in Others sector.

Sector	%
Others	44.6
Industrials	18.7
Consumer Cyclical	14.5
Healthcare	12.8
Financial Services	4.8
Technology	4.6

Market Cap. Distribution

ADVENT CAPITAL MANAGEMENT /DE/ has about 54% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	44.6
LARGE-CAP	43.8
MEGA-CAP	10.2

Stocks belong to which Index?

About 48.6% of the stocks held by ADVENT CAPITAL MANAGEMENT /DE/ either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	51.3
S&P 500	48.6

Top 5 Winners (%)		%
ESPR	esperion therapeutics inc	36.6 %
VRT	vertiv holdings co	6.4 %
AVGO	broadcom inc	4.0 %

Top 5 Winners ($)		$
VRT	vertiv holdings co	0.2 M
AVGO	broadcom inc	0.1 M
ESPR	esperion therapeutics inc	0.1 M

Top 5 Losers (%)		%
AUR	aurora innovation inc	-61.2 %
BBAI	bigbear.ai holdings inc	-24.5 %
ETN	eaton corp plc	-13.4 %
RCL	royal caribbean cruises ltd	-12.5 %
	advent convertible bond etf	-0.5 %

Top 5 Losers ($)		$
ETN	eaton corp plc	-0.6 M
RCL	royal caribbean cruises ltd	-0.4 M
	advent convertible bond etf	-0.1 M
AUR	aurora innovation inc	0.0 M
BBAI	bigbear.ai holdings inc	0.0 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 21 stocks in it's portfolio. About 1.1% of the portfolio is in top 10 stocks. ETN proved to be the most loss making stock for the portfolio. VRT was the most profitable stock for ADVENT CAPITAL MANAGEMENT /DE/ last quarter.

Last Reported on: 09 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAOI	applied optoelectronics	0.18	7,756,000	9,074,920	added	177

ABBV	abbvie inc	0.07	15,000	3,427,350	new

ABNB	airbnb inc	0.00	0.00	0.00	sold off	-100

AEIS	advanced energy ind	0.12	3,615,000	5,962,690	added	97.00

AFRM	affirm holdings inc	1.02	45,578,000	50,596,300	new

AG	first majestic silver	0.00	0.00	0.00	sold off	-100

AKAM	akamai technologies inc	0.69	34,451,000	34,271,200	reduced	-18.87

AKAM	akamai technologies inc	0.19	9,356,000	9,414,570	reduced	-0.9

ALB	albemarle corp	0.09	77,747	4,583,190	unchanged	0.00

ALRM	alarm.com hldgs inc	0.00	0.00	0.00	sold off	-100

AMCX	amc networks inc	0.01	476,000	495,361	unchanged	0.00

AMGN	amgen inc	0.00	0.00	0.00	sold off	-100

AMPH	amphastar pharmaceutical	0.08	4,086,000	3,812,370	added	27.17

AMZN	amazon.com inc	0.00	0.00	0.00	sold off	-100

APLS	apellis pharmaceuticals inc	0.01	18,000	452,160	new

ARES	ares management corp	0.94	920,473	46,539,100	added	9.93

ARRY	array technologies inc	0.42	23,121,000	21,042,400	added	37.27

AUR	aurora innovation inc	0.00	61,500	13,844	unchanged	0.00

AVAV	aerovironment inc	0.43	19,818,000	21,552,100	added	56.97

AVGO	broadcom inc	0.06	8,000	2,768,800	added	60.00