Latest ADVENT CAPITAL MANAGEMENT /DE/ Stock Portfolio

ADVENT CAPITAL MANAGEMENT /DE/ Performance:

2024 Q3: -15.36%YTD: -21.02%2023: 1.64%

Performance for 2024 Q3 is -15.36%, and YTD is -21.02%, 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 $4.1 Billions as of 30 Sep, 2024.

The top stock holdings of ADVENT CAPITAL MANAGEMENT /DE/ are NVDA, WHR, HD. The fund has invested 0.1% of it's portfolio in NVIDIA CORP and 0.1% of portfolio in WHIRLPOOL CORP.

The fund managers got completely rid off ZOETIS INC (ZTS), ABBVIE INC (ABBV) and EXPEDIA GROUP INC (EXPE) stocks. They significantly reduced their stock positions in HOME DEPOT INC/THE (HD), AMAZON.COM INC (AMZN) and ENPHASE ENERGY INC (ENPH). ADVENT CAPITAL MANAGEMENT /DE/ opened new stock positions in WHIRLPOOL CORP (WHR), VALERO ENERGY CORP (VLO) and EATON CORP PLC (ETN). The fund showed a lot of confidence in some stocks as they added substantially to IMAX CORP (IMAX), NVIDIA CORP (NVDA) and MICRON TECHNOLOGY INC (MU).

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

Our best estimate is that ADVENT CAPITAL MANAGEMENT /DE/ made a return of -15.36% in the last quarter. In trailing 12 months, it's portfolio return was -12.96%.

New Buys

Ticker	$ Bought
centerpoint energy inc	93,690,500
akamai technologies inc	91,106,900
american water capital c	55,890,100
hp enterprise co	51,425,300
sunnova energy intl inc	30,629,200
air transport services g	25,775,800
bofa finance llc	25,396,900
halozyme therapeutics in	20,124,600

New stocks bought by ADVENT CAPITAL MANAGEMENT /DE/

Additions

Ticker	% Inc.
northern oil & gas inc	6,689
permian resourc optg llc	5,810
pebblebrook hotel trust	5,320
cable one inc	2,029
tpi composites inc	708
imax corp	233
penn entertainment inc	175
nvidia corp	150

Additions to existing portfolio by ADVENT CAPITAL MANAGEMENT /DE/

Reductions

Ticker	% Reduced
halozyme therapeutics in	-99.5
ziff davis inc	-97.51
microchip technology inc	-97.31
shift4 payments inc	-95.92
zillow group inc	-95.13
ncl corporation ltd	-92.22
bentley systems	-87.55
envista holdings corp	-86.46

ADVENT CAPITAL MANAGEMENT /DE/ reduced stake in above stock

Sold off

Ticker	$ Sold
cloudflare inc	-32,287,500
alnylam pharmaceuticals	-31,501,800
lumentum holdings inc	-24,308,500
jetblue airways corp	-16,392,200
cytokinetics inc	-10,850,400
ionis pharmaceuticals in	-8,076,120
envestnet inc	-6,161,460
upstart holdings inc	-3,987,980

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

Sector Distribution

ADVENT CAPITAL MANAGEMENT /DE/ has about 25.7% of it's holdings in Technology sector.

Sector	%
Technology	25.7
Consumer Cyclical	18.6
Communication Services	17.3
Industrials	13.1
Energy	11.9
Healthcare	7.8
Basic Materials	3
Consumer Defensive	2.4

Market Cap. Distribution

ADVENT CAPITAL MANAGEMENT /DE/ has about 79.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	52.6
MEGA-CAP	26.5
MID-CAP	15.8
SMALL-CAP	3.9
UNALLOCATED	1.3

Stocks belong to which Index?

About 87.9% of the stocks held by ADVENT CAPITAL MANAGEMENT /DE/ either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	81.6
Others	12.1
RUSSELL 2000	6.3

Top 5 Winners (%)		%
VRT	vertiv holdings co	19.9 %
GE	general electric co	18.6 %
ENPH	enphase energy inc	14.2 %
HCAT	health catalyst inc	11.8 %
HD	home depot inc/the	11.6 %

Top 5 Winners ($)		$
HD	home depot inc/the	0.6 M
ENPH	enphase energy inc	0.5 M
GE	general electric co	0.4 M
ETN	eaton corp plc	0.2 M
VZ	verizon communications inc	0.2 M

Top 5 Losers (%)		%
SMCI	super micro computer inc	-93.2 %
LRCX	lam research corp	-90.1 %
DLTR	dollar tree inc	-27.5 %
WOLF	wolfspeed inc	-23.3 %
IONS	ionis pharmaceuticals inc	-14.6 %

Top 5 Losers ($)		$
LRCX	lam research corp	-11.2 M
DLTR	dollar tree inc	-0.5 M
SMCI	super micro computer inc	-0.5 M
MGM	mgm resorts international	-0.3 M
BA	boeing co/the	-0.3 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 39 stocks in it's portfolio. About 0.7% of the portfolio is in top 10 stocks. LRCX proved to be the most loss making stock for the portfolio. HD was the most profitable stock for ADVENT CAPITAL MANAGEMENT /DE/ last quarter.

Last Reported on: 13 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAL	american airlines group	0.98	39,057,000	40,150,600	reduced	-2.77

AAPL	apple inc	0.00	0.00	0.00	sold off	-100

ABBV	abbvie inc	0.00	0.00	0.00	sold off	-100

ABNB	airbnb inc	0.00	215,000	200,589	reduced	-31.96

AFRM	affirm holdings inc	1.35	62,134,000	55,299,300	reduced	-15.8

AKAM	akamai technologies inc	2.22	89,452,000	91,106,900	new

AKAM	akamai technologies inc	1.53	60,613,000	62,719,300	added	1.69

AKAM	akamai technologies inc	0.11	4,190,000	4,676,040	unchanged	0.00

ALB	albemarle corp	0.21	190,000	8,475,310	reduced	-65.32

ALNY	alnylam pharmaceuticals	0.00	0.00	0.00	sold off	-100

AMCX	amc networks inc	0.00	14,490	125,918	new

AMD	advanced micro devices inc	0.00	0.00	0.00	sold off	-100

AMZN	amazon.com inc	0.04	10,000	1,863,300	reduced	-50.00

ANIP	ani pharmaceuticals inc	0.01	8,545	509,795	new

ARRY	array technologies inc	1.34	73,865,000	55,117,300	added	24.43

ATSG	air transport services g	0.63	27,302,000	25,775,800	new

AVGO	broadcom inc	0.06	15,000	2,587,500	new

BA	boeing co/the	0.06	15,000	2,280,600	new

BAC	bank of america corp	6.12	197,009	251,287,000	added	8.29

BAND	bandwidth inc	0.06	3,300,000	2,591,590	reduced	-34.00