ADVENT CAPITAL MANAGEMENT /DE/ — 13F Holdings & Portfolio

CIK 1097278 · latest 13F-HR filed 2026-05-07

ADVENT CAPITAL MANAGEMENT /DE/ manages $3.63B in 13F-reported U.S. long-equity assets across 215 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are SPY (5.38%), BACPL (4.91%), UBER (3.95%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 39 new positions, exited 45, added to 48, and trimmed 87.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM

$3.63B

Long-equity book

Holdings

215

Distinct positions

Period

2026-03-31

Filed 2026-05-07

Q/Q Activity

+39 / −45 / ↑48 / ↓87

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • DATADOG INC$38.9M +103.9%
  • AEROVIRONMENT INC$34.6M +160.6%
  • RIVIAN AUTO INC$26.6M +365.2%
  • GUIDEWIRE SOFTWARE INC$25.7M +199.3%
  • WESTERN DIGITAL CORP$24.0M +155.5%
Show all 48

Top Trims

  • WELLS FARGO & COMPANY-$174.6M -91.0%
  • MERITAGE HOMES CORP-$52.7M -50.6%
  • BOX INC-$47.2M -99.8%
  • LIVE NATION ENTERTAINMEN-$42.7M -61.3%
  • DUKE ENERGY CORP-$42.3M -56.8%
Show all 87

New Positions

  • JETBLUE AIRWAYS CORP$18.8M
  • GUARDANT HEALTH INC$12.4M
  • CLOUDFLARE INC$6.8M
  • GREENBRIER COS INC$5.7M
  • MICROCHIP TECHNOLOGY INC$4.3M
Show all 39

Exited Positions

  • TYLER TECHNOLOGIES INC$79.3M
  • WORKIVA INC$35.2M
  • FORD MOTOR COMPANY$26.9M
  • EXPEDIA GROUP INC$25.8M
  • VERTEX INC$20.7M
Show all 45
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 State Street SPDR S&P 500 ETF Call SPY 78462F103 $195.1M 5.38% 300,000 SH
2 BANK OF AMERICA CORP BACPL 060505682 $178.0M 4.91% 149,172 SH
3 UBER TECHNOLOGIES INC UBER 90353TAM2 $143.3M 3.95% 118,720,000 PRN
4 NEXTERA ENERGY INC NEEPS 65339F663 $109.5M 3.02% 1,937,116 SH
5 VENTAS REALTY LP VTR 92277GAZ0 $92.9M 2.56% 61,850,000 PRN
6 GLOBAL PAYMENTS INC GPN 37940XAU6 $88.7M 2.45% 100,272,000 PRN
7 CMS ENERGY CORP CMS 125896BX7 $85.0M 2.34% 74,231,000 PRN
8 PPL CAPITAL FUNDING INC PPL 69352PAS2 $82.7M 2.28% 70,442,000 PRN
9 KKR & CO INC KKRPD 48251W500 $82.5M 2.28% 2,045,065 SH
10 APOLLO GLOBAL MANAGEMENT APOPA 03769M304 $76.7M 2.12% 1,303,436 SH
11 DATADOG INC DDOG 23804LAD5 $76.4M 2.11% 78,717,000 PRN
12 AFFIRM HOLDINGS INC AFRM 00827BAD8 $62.4M 1.72% 66,318,000 PRN
13 SOUTHERN CO SOMN 842587842 $58.1M 1.60% 1,121,375 SH
14 BOEING CO/THE BAPA 097023204 $56.4M 1.55% 867,181 SH
15 AEROVIRONMENT INC AVAV 008073AA6 $56.2M 1.55% 57,262,000 PRN
16 MERITAGE HOMES CORP MTH 59001ABF8 $51.5M 1.42% 52,841,000 PRN
17 CENTERPOINT ENERGY INC CNP 15189TBD8 $49.1M 1.36% 41,168,000 PRN
18 NEXTERA ENERGY CAPITAL NEE 65339KCY4 $48.9M 1.35% 35,117,000 PRN
19 LANTHEUS HOLDINGS INC LNTH 516544AB9 $48.3M 1.33% 39,934,000 PRN
20 SOUTHERN CO SO 842587DZ7 $48.2M 1.33% 42,825,000 PRN
21 PG&E CORP PCG 69331CAL2 $46.9M 1.29% 44,628,000 PRN
22 SUPER MICRO COMPUTER INC SMCI 86800UAB0 $43.7M 1.21% 54,492,000 PRN
23 MICROCHIP TECHNOLOGY INC MCHPP 595017302 $43.5M 1.20% 760,734 SH
24 TETRA TECH INC TTEK 88162GAB9 $41.9M 1.16% 39,825,000 PRN
25 WEC ENERGY GROUP INC WEC 92939UAR7 $41.4M 1.14% 33,029,000 PRN
26 AKAMAI TECHNOLOGIES INC AKAM 00971TAN1 $41.1M 1.13% 35,844,000 PRN
27 WESTERN DIGITAL CORP WDC 958102AT2 $39.5M 1.09% 5,501,000 PRN
28 GUIDEWIRE SOFTWARE INC GWRE 40171VAC4 $38.6M 1.06% 38,433,000 PRN
29 SNOWFLAKE INC SNOW 833445AD1 $38.2M 1.05% 31,182,000 PRN
30 MARRIOTT VACATION WORLDW VAC 57164YAF4 $38.1M 1.05% 39,178,000 PRN
31 ARES MANAGEMENT CORP ARESPB 03990B309 $34.7M 0.96% 933,089 SH
32 RIVIAN AUTO INC RIVN 76954AAD5 $33.9M 0.93% 34,659,000 PRN
33 PARSONS CORP 70202LAD4 $32.2M 0.89% 32,542,000 PRN
34 DUKE ENERGY CORP DUKRD 26441CBY0 $32.2M 0.89% 28,645,000 PRN
35 TRIP.COM GROUP LTD TRPCF 89677QAB3 $31.4M 0.87% 30,199,000 PRN
36 DRAFTKINGS HOLDINGS INC DKNG 26142RAB0 $29.5M 0.81% 32,652,000 PRN
37 SUNRUN INC RUN 86771WAD7 $29.2M 0.81% 24,367,000 PRN
38 Advent Convertible Bond ETF ACVT 75526L845 $28.2M 0.78% 1,083,500 SH
39 STRATEGY INC MHIFF 594972AL5 $27.9M 0.77% 28,936,000 PRN
40 State Street SPDR S&P 500 ETF Put SPY 78462F103 $27.6M 0.76% 42,500 SH
41 LIVE NATION ENTERTAINMEN LYV 538034BC2 $27.0M 0.74% 24,865,000 PRN
42 ENPHASE ENERGY INC ENPH 29355AAK3 $24.6M 0.68% 27,480,000 PRN
43 HP ENTERPRISE CO HPEPC 42824C208 $24.4M 0.67% 375,591 SH
44 RIOT PLATFORMS INC RIOT 767292AB1 $23.7M 0.65% 20,554,000 PRN
45 CLEANSPARK INC CLSK 18452BAC4 $22.8M 0.63% 23,547,000 PRN
46 ON SEMICONDUCTOR CORP ON 682189AU9 $22.2M 0.61% 22,686,000 PRN
47 HAEMONETICS CORP 405024AD2 $22.2M 0.61% 23,015,000 PRN
48 TRAVERE THERAPEUTICS INC TVTX 89422GAA5 $22.0M 0.61% 17,392,000 PRN
49 ITRON INC ITRO 465741AQ9 $21.9M 0.60% 21,671,000 PRN
50 ETSY INC ETSY 29786AAL0 $21.6M 0.59% 23,121,000 PRN
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-07 $3.63B 215 0001140361-26-019477
2025-12-31 2026-02-09 $4.98B 228 0001140361-26-004346