Arkolith/Funds/Advent Capital Management

Advent Capital Management

CIK 1097278
Holdings as of Mar 31, 2026·disclosed May 7, 2026·~37-day 13F lag·13F-HR
Inactive

Advent Capital Management holds a diversified book of 203 stocks worth $3.4B as of Q1 2026 (disclosed May 7, 2026, a ~45-day 13F lag). This quarter they opened Jetblue Airways Corp and trimmed Bank Of America Corp. Their largest long position is Bank Of America Corp at 5% of the equity book. They also disclosed $31.6M in put options (a bearish bet) and $211.5M in call options (bullish), shown separately below and excluded from the equity book. Cloning the disclosed picks since 2013 would be +45% (+3.0%/yr). That is a simulation of the disclosed long book, not audited returns.

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Use Arkolith to show ADVENT CAPITAL MANAGEMENT /DE/'s latest
holdings, largest changes, and filing provenance.
Opened
39
new positions
Added to
54
existing
Trimmed
82
reduced
Sold out
43
exited

Growth of $10,000: cloning the disclosed book

If you'd copied them
+45.4%
+3.0%/yr · since Oct '13
Their reported book
+147.0%
held from quarter-end
S&P 500
+454.2%
same window
$9K$20K$32K$44K$56KOct '13May '16Nov '18Jun '21Dec '23Jul '26
Advent Capital Management (copied at disclosure) S&P 500

The reported book (valued from quarter-end) returned +147.0%, a 101.6-point gap that is the cost of the ~45-day 13F disclosure lag a real follower can't avoid.

Growth of $10,000 cloning Advent Capital Management's disclosed long 13F book, rebalanced on each filing date (so it reflects the ~45-day reporting lag, no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

Concentration

Top-heavy: diversified book

Top 5 holdings
18%
Top 10 holdings
30%
Top 20 holdings
46%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

2% mapped to company sectors

ETF / fund or unclassified
98%
Information Technology
1%
Financials
0%
Industrials
0%
Consumer Discretionary
0%
Health Care
0%
Communication Services
0%
Materials
0%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
  • DATADOG INCDDOG 0 12/01/29
    +110%$40.1M
  • AEROVIRONMENT INCAVAV 0 07/15/30
    +189%$36.7M
  • RIVIAN AUTO INCRIVN 3.625 10/15/30
    +439%$27.6M
  • GUIDEWIRE SOFTWARE INCGWRE 1.25 11/01/29
    +229%$26.9M
  • STRATEGY INCMSTR 0.875 03/15/31
    +308%$21.0M
  • AFFIRM HOLDINGS INCAFRM 0.75 12/15/29
    +46%$19.5M
Trimmed / exited
  • MERITAGE HOMES CORPMTH 1.75 05/15/28
    −50%$51.0M
  • DUKE ENERGY CORPDUK 4.125 04/15/26
    −60%$48.2M
  • BOX INCBOX 1.5 09/15/29
    −100%$44.3M
  • LIVE NATION ENTERTAINMENLYV 2.875 01/15/30
    −62%$44.0M
  • NEXTERA ENERGY CAPITALNEE 3 03/01/27
    −46%$41.7M
  • NUTANIX INCNTNX 0.25 10/01/27
    −82%$34.1M

Funds with the most overlap

Other tracked managers holding the same core names as Advent Capital Management

Manager / fundShared namesTheir $ in those
BlackRock, Inc.77 / 80$4.3B
STATE STREET CORP76 / 80$1.9B
JPMORGAN CHASE & CO73 / 80$859.9M
FMR LLC69 / 80$2.0B
WELLS FARGO & COMPANY/MN67 / 80$552.2M
Calamos Advisors LLC65 / 80$3.2B
MORGAN STANLEY61 / 80$600.4M
BANK OF AMERICA CORP /DE/61 / 80$427.2M

Ranked by how many of Advent Capital Management's top 80 disclosed names each fund also holds: a cross-fund conviction signal from the latest 13F of every tracked manager.

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

203 positions
#SecurityValueShares% PortLast moveHistory
1Bank Of America Corp
CONV PFD
$178.0M149.2K
5.3%
−5.2%
Reduced · −8K sh
2Uber Technologies Inc
CONV
$143.3M118.72M
4.2%
−17%
Reduced · −23.5M sh
3NextEra Energy Inc
CONV PFD
$109.5M1.94M
3.2%
−2.6%
Reduced · −51K sh
4Ventas Realty LP
CONV
$92.9M61.85M
2.7%
−16%
Reduced · −11.7M sh
5Global Payments Inc
CONV
$88.7M100.27M
2.6%
−16%
Reduced · −19.5M sh
6CMS Energy Corp
CONV
$85.0M74.23M
2.5%
−15%
Reduced · −13.2M sh
7PPL Capital Funding Inc
CONV
$82.7M70.44M
2.4%
+4.2%
Added · +2.8M sh
8KKR & Co Inc
CONV PFD
$82.5M2.05M
2.4%
+2.4%
Added · +48K sh
9Apollo Global Management
CONV PFD
$76.7M1.30M
2.3%
+2.0%
Added · +26K sh
10Datadog Inc
CONV
$76.4M78.72M
2.3%
+110%
Added · +41.3M sh
11Affirm Holdings Inc
CONV
$62.4M66.32M
1.8%
+46%
Added · +20.7M sh
12Southern Co
CONV PFD
$58.1M1.12M
1.7%
+22%
Added · +204K sh
13Boeing Co
CONV PFD
$56.4M867.2K
1.7%
+2.1%
Added · +18K sh
14Aerovironment Inc
CONV
$56.2M57.26M
1.7%
+189%
Added · +37.4M sh
15Meritage Homes Corp
CONV
$51.5M52.84M
1.5%
−50%
Reduced · −52.3M sh
16Centerpoint Energy Inc
CONV
$49.1M41.17M
1.5%
−30%
Reduced · −17.4M sh
17NextEra Energy Capital
CONV
$48.9M35.12M
1.4%
−46%
Reduced · −30.0M sh
18Lantheus Holdings Inc
CONV
$48.3M39.93M
1.4%
−13%
Reduced · −6.2M sh
19Southern Co
CONV
$48.2M42.83M
1.4%
−20%
Reduced · −10.5M sh
20PG&E Corp
CONV
$46.9M44.63M
1.4%
+24%
Added · +8.5M sh
21Super Micro Computer Inc
CONV
$43.7M54.49M
1.3%
+21%
Added · +9.3M sh
22Microchip Technology Inc
CONV PFD
$43.5M760.7K
1.3%
+44%
Added · +231K sh
23Tetra Tech Inc
CONV
$41.9M39.83M
1.2%
−9.2%
Reduced · −4.1M sh
24Wec Energy Group Inc
CONV
$41.4M33.03M
1.2%
+15%
Added · +4.2M sh
25Akamai Technologies Inc
CONV
$41.1M35.84M
1.2%
+4.0%
Added · +1.4M sh
26Western Digital Corp
CONV
$39.5M5.50M
1.2%
+64%
Added · +2.1M sh
27Guidewire Software Inc
CONV
$38.6M38.43M
1.1%
+229%
Added · +26.8M sh
28Snowflake Inc
CONV
$38.2M31.18M
1.1%
+30%
Added · +7.2M sh
29Marriott Vacation Worldw
CONV
$38.1M39.18M
1.1%
−6.9%
Reduced · −2.9M sh
30Ares Management Corp
CONV PFD
$34.7M933.1K
1.0%
+1.4%
Added · +13K sh
31Rivian Auto Inc
CONV
$33.9M34.66M
1.0%
+439%
Added · +28.2M sh
32Parsons Corp
CONV
$32.2M32.54M
1.0%
−2.3%
Reduced · −774K sh
33Duke Energy Corp
CONV
$32.2M28.64M
1.0%
−60%
Reduced · −42.9M sh
34Trip.com Group Ltd
CONV
$31.4M30.20M
0.9%
+51%
Added · +10.3M sh
35Draftkings Holdings Inc
CONV
$29.5M32.65M
0.9%
−33%
Reduced · −16.4M sh
36Sunrun Inc
CONV
$29.2M24.37M
0.9%
+142%
Added · +14.3M sh
37Advent Convertible Bond ETF
COM
$28.2M1.08M
0.8%
+9.4%
Added · +93K sh
38Strategy Inc
CONV
$27.9M28.94M
0.8%
+308%
Added · +21.8M sh
39Live Nation Entertainmen
CONV
$27.0M24.86M
0.8%
−62%
Reduced · −40.5M sh
40Enphase Energy Inc
CONV
$24.6M27.48M
0.7%
+4.1%
Added · +1.1M sh
41HP Enterprise Co
CONV PFD
$24.4M375.6K
0.7%
−29%
Reduced · −152K sh
42Riot Platforms Inc
CONV
$23.7M20.55M
0.7%
+20%
Added · +3.4M sh
43Cleanspark Inc
CONV
$22.8M23.55M
0.7%
+77%
Added · +10.2M sh
44On Semiconductor Corp
CONV
$22.2M22.69M
0.7%
−28%
Reduced · −8.9M sh
45Haemonetics Corp
CONV
$22.2M23.02M
0.7%
+28%
Added · +5.0M sh
46Travere Therapeutics Inc
CONV
$22.0M17.39M
0.7%
+22%
Added · +3.2M sh
47Itron Inc
CONV
$21.9M21.67M
0.6%
−29%
Reduced · −8.7M sh
48Etsy Inc
CONV
$21.6M23.12M
0.6%
−5.8%
Reduced · −1.4M sh
49Bridgebio Pharma Inc
CONV
$21.2M18.87M
0.6%
−8.0%
Reduced · −1.6M sh
50Vishay Intertechnology
CONV
$21.2M22.04M
0.6%
−13%
Reduced · −3.4M sh
Showing 50 of 203 positions

Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$31.6M
Call notional (bullish)$211.5M
TypeUnderlyingNotional valueUnderlying shares
CALL · bullishSS SPDR S&P 500 ETF TRUST-USSPY$195.1M300K
PUT · bearishSS SPDR S&P 500 ETF TRUST-USSPY$27.6M43K
CALL · bullishMICROSOFT CORPMSFT$7.4M20K
CALL · bullishECHOSTAR CORP-ASATS$3.2M28K
PUT · bearishSUPER MICRO COMPUTER INCSMCI$2.3M100K
CALL · bullishNORWEGIAN CRUISE LINE HOLDINNCLH$1.9M100K
CALL · bullishGOLDMAN SACHS GROUP INCGS$1.7M2K
PUT · bearishJOBY AVIATION INCJOBY$1.7M200K
CALL · bullishAKAMAI TECHNOLOGIES INCAKAM$689K6K
CALL · bullishINDIE SEMICONDUCTOR INC-AINDI$644K200K
CALL · bullishPLUG POWER INCPLUG$565K250K
CALL · bullishCIPHER DIGITAL INCCIFR$290K23K

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 7, 2026215$3.6B13F-HR
Q4 2025Dec 31, 2025Feb 9, 2026228$5.0B13F-HR
Q3 2025Sep 30, 2025Nov 13, 2025227$4.6B13F-HR
Q2 2025Jun 30, 2025Aug 13, 2025237$4.7B13F-HR
Q1 2025Mar 31, 2025May 12, 2025214$4.6B13F-HR
Q4 2024Dec 31, 2024Feb 13, 2025209$4.3B13F-HR
Q3 2024Sep 30, 2024Nov 13, 2024227$4.1B13F-HR
Q2 2024Jun 30, 2024Aug 13, 2024198$4.2B13F-HR
Q1 2024Mar 31, 2024May 14, 2024187$3.9B13F-HR
Q4 2023Dec 31, 2023Feb 13, 2024184$4.4B13F-HR
Q3 2023Sep 30, 2023Nov 13, 2023201$4.3B13F-HR
Q2 2023Jun 30, 2023Aug 11, 2023231$5.2B13F-HR
Q1 2023Mar 31, 2023May 12, 2023220$5.3B13F-HR
Q4 2022Dec 31, 2022Feb 14, 2023253$5.8B13F-HR
Q3 2022Sep 30, 2022Nov 15, 2022236$5.5B13F-HR/A
Q2 2022Jun 30, 2022Aug 15, 2022250$5.7B13F-HR
Q1 2022Mar 31, 2022May 13, 2022276$6.3B13F-HR
Q4 2021Dec 31, 2021Feb 14, 2022288$5.9B13F-HR
Q3 2021Sep 30, 2021Nov 15, 2021271$5.4B13F-HR
Q2 2021Jun 30, 2021Aug 16, 2021262$5.1B13F-HR
Q1 2021Mar 31, 2021May 17, 2021254$4.6B13F-HR
Q4 2020Dec 31, 2020Feb 16, 2021200$4.7B13F-HR
Q3 2020Sep 30, 2020Nov 16, 2020175$4.5B13F-HR
Amended / restated
  • Q3 2022 · filed Nov 14, 202213F-HR · superseded

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.