Advent Capital Management

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Advent Capital Management reported 30 stock positions worth $69.9 million. Its top holding was Alphabet Class C (GOOG) at 6.5% of the portfolio, followed by United Parcel Service Class B (UPS, 6.4%) and Abbvie (ABBV, 5.2%). Compared with Q4 2023, it opened 17 new positions, sold out of 10, added to 4 and reduced 6. The biggest buy was a new position in United Parcel Service Class B (UPS) and the biggest sale an exit from Freeport-McMoran (FCX).

Most Recent 13F: Q2 2026
Location: NEW YORK, NY
CIK: 0001097278
Portfolio Value: $69.9M (Q1 2024)
SEC Filing: 0001140361-24-025915 ↗ filed May 14, 2024

Holdings Value

Holdings 30 stocks · $69.9M


GOOG Alphabet Inc. Class C	6.53%	30,000	$4.6M	Add +50.0%
UPS United Parcel Service Class B	6.38%	30,000	$4.5M	New
ABBV Abbvie Inc.	5.21%	20,000	$3.6M	Reduce -33.3%
MDB Mongodb Inc.	5.13%	10,000	$3.6M	New
SLB SLB Ltd. filed as SCHLUMBERGER LTD	5.10%	65,000	$3.6M	No change
MGM MGM Resorts International	5.07%	75,000	$3.5M	Reduce -25.0%
ZTS Zoetis Inc.	4.84%	20,000	$3.4M	New
ENPH Enphase Energy Inc.	4.33%	25,000	$3.0M	Add +66.7%
CRM Salesforce Inc.	4.31%	10,000	$3.0M	No change
JPM JPMorgan Chase & Co.	4.30%	15,000	$3.0M	Reduce -25.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	4.10%	15,000	$2.9M	New
AMGN Amgen Inc.	4.07%	10,000	$2.8M	Add +114.2%
DD Dupont DE Nemours Inc.	3.84%	35,000	$2.7M	New
SRPT Sarepta Therapeutics Inc.	3.70%	20,000	$2.6M	Add +42.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO	3.50%	20,000	$2.4M	New
OGN Organon & Co.	3.36%	125,000	$2.4M	New
LGIH Lgi Homes Inc.	3.33%	20,000	$2.3M	New
TTWO Take-Two Interactive Softwre	3.19%	15,000	$2.2M	New
ZS Zscaler Inc.	3.17%	11,490	$2.2M	New
CB Chubb Ltd.	2.97%	8,000	$2.1M	No change
NEE Nextera Energy Inc.	2.74%	30,000	$1.9M	Reduce -40.0%
XYZ Block Inc.	2.66%	22,000	$1.9M	New
CPA Copa Holdings SA Class A	2.24%	15,000	$1.6M	Reduce -25.0%
MU Micron Technology Inc.	1.69%	10,000	$1.2M	New
CHEF The Chefs' Warehouse Inc.	1.62%	30,000	$1.1M	New
BAC Bank of America Corp. filed as BANK AMERICA CORP	1.08%	20,000	$758K	New
AMZN Amazon.com Inc.	0.90%	3,500	$631K	New
MIRM Mirum Pharmaceuticals Inc.	0.45%	12,500	$314K	Reduce -27.3%
AFRM Affirm Holdings Inc.	0.14%	2,600	$97K	New
EB Eventbrite Inc. Class A	0.07%	9,000	$49K	New

Options reported separately and not counted above: BANK OF AMER CORP calls ($104K), DISNEY WALT CO calls ($89K), FREEPORT MCMORAN INC calls ($69K), AGNC INVT CORP calls ($48K), CNH INDL N V calls ($45K), BOEING CO calls ($42K), KOSMOS ENERGY LTD calls ($42K), CHIMERA INVT CORP calls ($40K), INSULET CORP puts ($35K), UBER TECHNOLOGIES INC calls ($33K), NEW YORK CMNTY BANCORP INC calls ($18K), RIVIAN AUTOMOTIVE INC puts ($14K), and 7 more.

Other holdings (136): bonds, preferreds, convertibles and warrants · $3.9B (not counted above)

Security	Class	Shares / Principal	Value	Change
WELLS FARGO & COMPANY (WFC 7.5 PERP L)	PERP PFD CNV A	184,763	$227.1M	Reduce -4.7%
BANK OF AMERICA CORP (BAC 7.25 PERP L)	7.25%CNV PFD L	181,779	$218.5M	Reduce -2.1%
FORD MOTOR COMPANY (F 0 03/15/26)	NOTE 3/1 · principal	127,746,000	$133.1M	Add +127.8%
EXACT SCIENCES CORP (EXAS 0.375 03/01/28)	NOTE 0.375% 3/0 · principal	94,296,000	$87.5M	Add +25.1%
NEXTERA ENERGY INC (NEE 6.926 09/01/25)	UNIT 09/01/2025	2,184,674	$87.1M	Reduce -0.4%
AFFIRM HOLDINGS INC (AFRM 0 11/15/26)	NOTE 11/1 · principal	101,112,000	$84.4M	Reduce -16.8%
SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25)	NOTE 1.250% 5/0 · principal	82,003,000	$84.1M	Reduce -29.1%
SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27)	NOTE 1.250% 9/1 · principal	69,897,000	$81.9M	Reduce -28.1%
SNAP INC (SNAP 0.75 08/01/26)	NOTE 0.750% 8/0 · principal	79,597,000	$77.0M	Add +7.8%
PIONEER NATURAL RESOURCE (PXD 0.25 05/15/25)	NOTE 0.250% 5/1 · principal	25,839,000	$74.6M	Reduce -3.1%
EXPEDIA GROUP INC (EXPE 0 02/15/26)	NOTE 2/1 · principal	78,749,000	$73.5M	Reduce -3.7%
BOOKING HOLDINGS INC (BKNG 0.75 05/01/25)	NOTE 0.750% 5/0 · principal	37,055,000	$72.3M	Reduce -17.5%
AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25)	NOTE 6.500% 7/0 · principal	60,998,000	$71.9M	Reduce -20.7%
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26)	SER A MAND CNV	1,096,505	$71.0M	Reduce -7.6%
UBER TECHNOLOGIES INC (UBER 0 12/15/25)	NOTE 12/1 · principal	62,005,000	$69.9M	Add +11.1%
MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27)	NOTE 3.250%12/1 · principal	71,380,000	$68.1M	Add +5.7%
DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26)	NOTE 12/0 · principal	78,494,000	$66.4M	Reduce -1.5%
INSULET CORPORATION (PODD 0.375 09/01/26)	NOTE 0.375% 9/0 · principal	59,603,000	$62.4M	Add +104.4%
ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28)	NOTE 1.000%12/0 · principal	65,584,000	$61.2M	Add +13.3%
AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27)	NOTE 0.375% 9/0 · principal	55,671,000	$59.0M	Add +90.8%
WAYFAIR INC (W 1 08/15/26)	NOTE 1.000% 8/1 · principal	61,786,000	$57.5M	Reduce -17.7%
BLACKLINE INC (BL 0 03/15/26)	NOTE 3/1 · principal	61,918,000	$56.5M	Reduce -2.2%
DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28)	NOTE 3/1 · principal	61,216,000	$53.3M	Add +0.4%
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28)	NOTE 1.000% 8/1 · principal	49,927,000	$48.8M	Reduce -10.8%
BENTLEY SYSTEMS INC (BSY 0.125 01/15/26)	NOTE 0.125% 1/1 · principal	47,552,000	$48.1M	Reduce -4.6%
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27)	NOTE 1.000% 9/1 · principal	44,967,000	$42.6M	Reduce -17.8%
SNAP INC (SNAP 0.125 03/01/28)	NOTE 0.125% 3/0 · principal	55,539,000	$42.5M	Reduce -3.3%
SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27)	NOTE 0.500% 8/0 · principal	45,179,000	$42.3M	Add +49.9%
BLOCK INC (XYZ 0.125 03/01/25)	NOTE 0.125% 3/0 · principal	39,312,000	$40.3M	Add +30.2%
CABLE ONE INC (CABO 0 03/15/26)	NOTE 3/1 · principal	45,212,000	$39.7M	Add +41.0%
ENPHASE ENERGY INC (ENPH 0 03/01/28)	NOTE 3/0 · principal	45,087,000	$38.9M	Reduce -20.9%
NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25)	NOTE 7.500%10/1 · principal	35,539,000	$37.7M	Add +8.9%
WOLF Wolfspeed Inc. (wolf 1.875 12/01/29)	NOTE 1.875%12/0 · principal	64,880,000	$37.0M	Add +7.0%
CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B)	6.75DP CNV PFD B	552,649	$36.6M	Reduce -6.2%
ZIFF DAVIS INC (ZD 1.75 11/01/26)	NOTE 1.750%11/0 · principal	38,155,000	$36.6M	Reduce -15.4%
WAYFAIR INC (W 3.25 09/15/27)	NOTE 3.250% 9/1 · principal	27,188,000	$35.9M	Add +13.3%
DROPBOX INC (DBX 0 03/01/28)	NOTE 3/0 · principal	37,862,000	$35.7M	Add +700.8%
NCL CORPORATION LTD (NCLH 1.125 02/15/27)	NOTE 1.125% 2/1 · principal	37,116,000	$35.3M	Reduce -57.6%
ZSCALER INC. (ZS 0.125 07/01/25)	NOTE 0.125% 7/0 · principal	25,825,000	$35.3M	Add +25.8%
HAEMONETICS CORP (HAE 0 03/01/26)	NOTE 3/0 · principal	37,716,000	$34.9M	Add +27.9%
PELOTON INTERACTIVE INC (PTON 0 02/15/26)	NOTE 2/1 · principal	40,214,000	$34.2M	Reduce -48.1%
JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26)	NOTE 2.000% 6/1 · principal	33,935,000	$34.0M	Reduce -22.4%
ETSY INC (ETSY 0.125 10/01/26)	NOTE 0.125%10/0 · principal	31,409,000	$33.4M	Add +248.6%
BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29)	NOTE 2.250% 2/0 · principal	40,049,000	$33.1M	Add +12.1%
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26)	NOTE 0.500%12/1 · principal	37,219,000	$33.0M	Add +10911.5%
MICROCHIP TECHNOLOGY INC (MCHP 0.125 11/15/24)	NOTE 0.125%11/1 · principal	30,390,000	$32.6M	New
LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27)	NOTE 2.625%12/1 · principal	28,603,000	$32.0M	Add +0.9%
WOLF Wolfspeed Inc. (wolf 1.75 05/01/26)	NOTE 1.750% 5/0 · principal	32,652,000	$31.9M	Add +241.3%
RAPID7 INC (RPD 0.25 03/15/27)	NOTE 0.250% 3/1 · principal	35,799,000	$31.6M	Add +16.6%
ZILLOW GROUP INC (Z 2.75 05/15/25)	NOTE 2.750% 5/1 · principal	29,316,000	$31.6M	Reduce -4.2%
SHIFT4 PAYMENTS INC (FOUR 0 12/15/25)	NOTE 12/1 · principal	29,176,000	$31.4M	Reduce -46.7%
TELADOC HEALTH INC (TDOC 1.25 06/01/27)	NOTE 1.250% 6/0 · principal	36,552,000	$31.2M	Reduce -5.2%
COINBASE GLOBAL INC (COIN 0.5 06/01/26)	NOTE 0.500% 6/0 · principal	27,827,000	$30.6M	Reduce -29.3%
BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27)	NOTE 1.250% 5/1 · principal	29,884,000	$29.9M	Reduce -4.9%
ETSY INC (ETSY 0.125 09/01/27)	NOTE 0.125% 9/0 · principal	35,292,000	$29.8M	Reduce -9.3%
CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26)	NOTE 0.375% 6/1 · principal	32,942,000	$29.6M	Add +50.1%
ENVESTNET INC (ENV 2.625 12/01/27)	NOTE 2.625%12/0 · principal	27,107,000	$29.0M	Reduce -20.2%
RINGCENTRAL INC (RNG 0 03/15/26)	NOTE 3/1 · principal	31,230,000	$28.4M	Reduce -9.3%
BLOCK INC (XYZ 0.25 11/01/27)	NOTE 0.250%11/0 · principal	32,313,000	$27.2M	Reduce -1.5%
PERFICIENT INC (PRFT 0.125 11/15/26)	NOTE 0.125%11/1 · principal	30,166,000	$26.2M	Add +61.1%
CONFLUENT INC (CFLT 0 01/15/27)	NOTE 1/1 · principal	29,702,000	$25.6M	Reduce -4.2%
SHAKE SHACK INC (SHAK 0 03/01/28)	NOTE 3/0 · principal	26,918,000	$24.5M	Add +895.1%
NEOGENOMICS INC (NEO 0.25 01/15/28)	NOTE 0.250% 1/1 · principal	30,145,000	$24.3M	Reduce -0.7%
MONGODB INC (MDB 0.25 01/15/26)	NOTE 0.250% 1/1 · principal	12,895,000	$22.6M	Add +104.6%
BENTLEY SYSTEMS (BSY 0.375 07/01/27)	NOTE 0.375% 7/0 · principal	24,630,000	$22.3M	Reduce -3.0%
MICROSTRATEGY INC (MSTR 0 02/15/27)	NOTE 2/1 · principal	15,049,000	$20.6M	Reduce -69.6%
ROYAL CARIBBEAN CRUISES (RCL 6 08/15/25)	NOTE 6.000% 8/1 · principal	7,031,000	$20.1M	Reduce -20.8%
CONMED CORP (CNMD 2.25 06/15/27)	NOTE 2.250% 6/1 · principal	20,655,000	$19.1M	Reduce -13.9%
BILL HOLDINGS INC (BILL 0 04/01/27)	NOTE 4/0 · principal	22,115,000	$19.0M	Add +40.0%
ITRON INC (ITRI 0 03/15/26)	NOTE 3/1 · principal	18,550,000	$18.7M	Reduce -16.6%
VERINT SYSTEMS INC (VRNT 0.25 04/15/26)	NOTE 0.250% 4/1 · principal	18,000,000	$17.0M	Reduce -25.0%
PALO ALTO NETWORKS (PANW 0.375 06/01/25)	NOTE 0.375% 6/0 · principal	5,698,000	$16.3M	Reduce -33.7%
CYTOKINETICS INC (CYTK 3.5 07/01/27)	NOTE 3.500% 7/0 · principal	9,925,000	$15.9M	Reduce -5.8%
CYBERARK SOFTWARE LTD (CYBR 0 11/15/24)	NOTE 11/1 · principal	9,044,000	$15.5M	Reduce -35.9%
NORTHERN OIL & GAS INC (NOG 3.625 04/15/29)	NOTE 3.625% 4/1 · principal	12,393,000	$15.3M	Add +23.9%
JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26)	CONVERTIBLE BOND · principal	16,550,000	$14.5M	New
PENN ENTERTAINMENT INC (PENN 2.75 05/15/26)	NOTE 2.750% 5/1 · principal	12,569,000	$13.8M	Reduce -6.2%
DATADOG INC (DDOG 0.125 06/15/25)	NOTE 0.125% 6/1 · principal	9,314,000	$13.2M	Reduce -9.0%
EURONET WORLDWIDE INC (EEFT 0.75 03/15/49)	NOTE 0.750% 3/1 · principal	12,574,000	$12.3M	Reduce -56.8%
H WORLD GROUP LTD (HTHT 3 05/01/26)	NOTE 3.000% 5/0 · principal	9,699,000	$11.4M	Add +58.3%
EXACT SCIENCES CORP (EXAS 0.375 03/15/27)	NOTE 0.375% 3/1 · principal	11,825,000	$11.3M	Add +600.1%
ZTO EXPRESS KY INC (ZTO 1.5 09/01/27)	NOTE 1.500% 9/0 · principal	10,596,000	$10.3M	Add +29.3%
HUBSPOT INC (HUBS 0.375 06/01/25)	NOTE 0.375% 6/0 · principal	4,310,000	$9.7M	Reduce -11.0%
NATIONAL VISION HOLDINGS (EYE 2.5 05/15/25)	NOTE 2.500% 5/1 · principal	8,722,000	$9.2M	Reduce -17.8%
LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27)	NOTE 1.750% 1/1 · principal	11,507,000	$9.1M	Reduce -41.7%
ENPHASE ENERGY INC (ENPH 0.25 03/01/25)	NOTE 0.250% 3/0 · principal	5,721,000	$9.0M	Add +12.5%
BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27)	NOTE 2.500% 3/1 · principal	7,880,000	$8.5M	Reduce -68.4%
CINEMARK HOLDINGS INC (CNK 4.5 08/15/25)	NOTE 4.500% 8/1 · principal	5,854,000	$8.2M	Reduce -51.5%
NICE LTD (NICEIT 0 09/15/25)	NOTE 9/1 · principal	7,214,000	$7.6M	Reduce -11.8%
ATI INC (ATI 3.5 06/15/25)	NOTE 3.500% 6/1 · principal	2,261,000	$7.5M	New
ZILLOW GROUP INC (Z 1.375 09/01/26)	NOTE 1.375% 9/0 · principal	5,428,000	$6.7M	Reduce -61.2%
BLOOM ENERGY CORP (BE 2.5 08/15/25)	NOTE 2.500% 8/1 · principal	6,198,000	$6.7M	Reduce -71.8%
DEXCOM INC (DXCM 0.25 11/15/25)	NOTE 0.250%11/1 · principal	5,716,000	$6.3M	Reduce -53.5%
ENPHASE ENERGY INC (ENPH 0 03/01/26)	NOTE 3/0 · principal	6,732,000	$6.2M	Reduce -0.0%
BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27)	NOTE 5.500% 3/1 · principal	6,398,000	$5.8M	No change
MIDDLEBY CORP (MIDD 1 09/01/25)	NOTE 1.000% 9/0 · principal	4,160,000	$5.5M	No change
NCL CORPORATION LTD (NCLH 5.375 08/01/25)	NOTE 5.375% 8/0 · principal	3,913,000	$5.2M	Reduce -64.6%
BOX INC (BOX 0 01/15/26)	NOTE 1/1 · principal	4,074,000	$4.9M	Reduce -70.8%
LIBERTY MEDIA CORP (FWONK 2.25 08/15/27)	NOTE 2.250% 8/1 · principal	4,556,000	$4.8M	Add +55.0%
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26)	NOTE 0.250% 3/1 · principal	4,668,000	$4.7M	Reduce -0.1%
BIOMARIN PHARMACEUTICAL (BMRN 0.599 08/01/24)	NOTE 0.599% 8/0 · principal	4,520,000	$4.5M	No change
LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28)	NOTE 0.500% 6/1 · principal	5,669,000	$4.4M	Reduce -81.5%
UNITY SOFTWARE INC (U 0 11/15/26)	NOTE 11/1 · principal	4,961,000	$4.2M	Reduce -91.1%
EVOLENT HEALTH INC (EVH 1.5 10/15/25)	NOTE 1.500%10/1 · principal	3,589,000	$4.1M	Reduce -72.2%
MARRIOTT VACATION WORLDW (VAC 0 01/15/26)	NOTE 1/1 · principal	4,200,000	$4.0M	Reduce -4.3%
ZILLOW GROUP INC (Z 0.75 09/01/24)	NOTE 0.750% 9/0 · principal	3,290,000	$3.9M	No change
AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25)	NOTE 0.125% 5/0 · principal	3,190,000	$3.8M	No change
PROGRESS SOFTWARE CORP (PRGS 1 04/15/26)	NOTE 1.000% 4/1 · principal	3,117,000	$3.3M	New
EVENTBRITE INC (EB 5 12/01/25)	NOTE 5.000%12/0 · principal	3,200,000	$3.2M	New
MGP INGREDIENTS INC (MGPI 1.875 11/15/41)	NOTE 1.875%11/1 · principal	2,900,000	$3.2M	No change
WINNEBAGO INDUSTRIES (WGO 1.5 04/01/25)	NOTE 1.500% 4/0 · principal	2,500,000	$3.1M	No change
COMMERCE.COM INC (CMRC 0.25 10/01/26)	NOTE 0.250%10/0 · principal	3,550,000	$2.9M	Reduce -57.9%
Q2 HOLDINGS INC (QTWO 0.125 11/15/25)	NOTE 0.125%11/1 · principal	3,000,000	$2.8M	New
RINGCENTRAL INC (RNG 0 03/01/25)	NOTE 3/0 · principal	2,891,000	$2.7M	Reduce -5.7%
DROPBOX INC (DBX 0 03/01/26)	NOTE 3/0 · principal	2,604,000	$2.5M	Reduce -33.0%
NUTANIX INC (NTNX 0.25 10/01/27)	NOTE 0.250%10/0 · principal	1,920,000	$2.4M	Reduce -48.6%
FIVE9 INC (FIVN 0.5 06/01/25)	NOTE 0.500% 6/0 · principal	1,965,000	$1.9M	Reduce -62.2%
BURLINGTON STORES INC (BURL 2.25 04/15/25)	NOTE 2.250% 4/1 · principal	1,500,000	$1.8M	Reduce -77.3%
BILL HOLDINGS INC (BILL 0 12/01/25)	NOTE 12/0 · principal	1,550,000	$1.5M	Reduce -94.4%
ALGONQUIN PWR & (AQNCN 7.75 06/15/24)	UNIT 06/15/2024	55,000	$1.2M	No change
UPWORK INC (UPWK 0.25 08/15/26)	NOTE 0.250% 8/1 · principal	1,174,000	$1.0M	No change
LYFT INC (LYFT 1.5 05/15/25)	NOTE 1.500% 5/1 · principal	979,000	$963K	Reduce -87.0%
CABLE ONE INC (CABO 1.125 03/15/28)	NOTE 1.125% 3/1 · principal	1,244,000	$941K	Reduce -93.4%
ENVISTA HOLDINGS CORP (NVST 2.375 06/01/25)	NOTE 2.375% 6/0 · principal	687,000	$805K	Reduce -88.5%
POST HOLDINGS INC (POST 2.5 08/15/27)	NOTE 2.500% 8/1 · principal	549,000	$621K	No change
WOLF Wolfspeed Inc. (wolf 0.25 02/15/28)	NOTE 0.250% 2/1 · principal	641,000	$377K	Reduce -98.1%
LIVE NATION ENTERTAINMEN (LYV 2 02/15/25)	NOTE 2.000% 2/1 · principal	323,000	$360K	Add +0.9%
AIRBNB INC (ABNB 0 03/15/26)	NOTE 3/1 · principal	316,000	$295K	No change
NRG ENERGY INC (NRG 2.75 06/01/48)	DBCV 2.750% 6/0 · principal	108,000	$180K	No change
PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26)	NOTE 1.750%12/1 · principal	185,000	$168K	Add +1.6%
PERMIAN RESOURC OPTG LLC (PR 3.25 04/01/28)	NOTE 3.250% 4/0 · principal	56,000	$166K	No change
INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25)	NOTE 0.500% 8/1 · principal	139,000	$133K	Reduce -96.6%
Q2 HOLDINGS INC (QTWO 0.75 06/01/26)	NOTE 0.750% 6/0 · principal	125,000	$119K	Add +3.3%
NATERA INC (NTRA 2.25 05/01/27)	NOTE 2.250% 5/0 · principal	2,000	$5K	Reduce -100.0%
AXON ENTERPRISE INC (AXON 0.5 12/15/27)	NOTE 0.500%12/1 · principal	1,000	$1K	New
INSMED INC (INSM 0.75 06/01/28)	NOTE 0.750% 6/0 · principal	1,000	$1K	New

Total filed on the 13F, all lines: $3.9B.

Portfolio Sells Q4 2023 → Q1 2024


FCX Freeport-McMoran Inc.	Sold out	0.00%	−6.16
PFE Pfizer Inc.	Sold out	0.00%	−5.55
BA The Boeing Co.	Sold out	0.00%	−5.03
BBWI Bath & Body Works Inc.	Sold out	0.00%	−5.00
BBY Best Buy Co. Inc.	Sold out	0.00%	−4.53
ABBV Abbvie Inc.	Reduce -33.3%	5.21%	−3.76
MGM MGM Resorts International	Reduce -25.0%	5.07%	−3.55
NEE Nextera Energy Inc.	Reduce -40.0%	2.74%	−3.12
DE Deere & Co.	Sold out	0.00%	−3.09
LYV Live Nation Entertainment Inc.	Sold out	0.00%	−3.07
DKS Dick's Sporting Goods Inc.	Sold out	0.00%	−2.83
JPM JPMorgan Chase & Co.	Reduce -25.0%	4.30%	−2.26
CPA Copa Holdings SA Class A	Reduce -25.0%	2.24%	−1.87
MIRM Mirum Pharmaceuticals Inc.	Reduce -27.3%	0.45%	−0.53
NEO Neogenomics Inc.	Sold out	0.00%	−0.09
KKR KKR & Co. Inc.	Sold out	0.00%	−0.01

Portfolio Buys Q4 2023 → Q1 2024


UPS United Parcel Service Class B	New	6.38%	+6.38
MDB Mongodb Inc.	New	5.13%	+5.13
ZTS Zoetis Inc.	New	4.84%	+4.84
IBM Intl Business Machines Corp.	New	4.10%	+4.10
DD Dupont DE Nemours Inc.	New	3.84%	+3.84
DIS The Walt Disney Co.	New	3.50%	+3.50
OGN Organon & Co.	New	3.36%	+3.36
LGIH Lgi Homes Inc.	New	3.33%	+3.33
TTWO Take-Two Interactive Softwre	New	3.19%	+3.19
ZS Zscaler Inc.	New	3.17%	+3.17
XYZ Block Inc.	New	2.66%	+2.66
MU Micron Technology Inc.	New	1.69%	+1.69
CHEF The Chefs' Warehouse Inc.	New	1.62%	+1.62
AMGN Amgen Inc.	Add +114.2%	4.07%	+1.47
SRPT Sarepta Therapeutics Inc.	Add +42.9%	3.70%	+1.10
GOOG Alphabet Inc. Class C	Add +50.0%	6.53%	+1.10
BAC Bank of America Corp.	New	1.08%	+1.08
AMZN Amazon.com Inc.	New	0.90%	+0.90
ENPH Enphase Energy Inc.	Add +66.7%	4.33%	+0.50
AFRM Affirm Holdings Inc.	New	0.14%	+0.14
EB Eventbrite Inc. Class A	New	0.07%	+0.07

Options Activity Q4 2023 → Q1 2024


CNP Centerpoint Energy Inc.	call	Sold out	687,000	$19.6Mbefore exit
BANK OF AMER CORP	call	New	850	$104K
DISNEY WALT CO	call	New	40	$89K
FREEPORT MCMORAN INC	call	New	400	$69K
AGNC INVT CORP	call	New	2,000	$48K
CNH INDL N V	call	New	3,000	$45K
BOEING CO	call	New	75	$42K
KOSMOS ENERGY LTD	call	New	600	$42K
CHIMERA INVT CORP	call	New	4,000	$40K
INSULET CORP	put	New	200	$35K
UBER TECHNOLOGIES INC	call	New	380	$33K
NEW YORK CMNTY BANCORP INC	call	New	2,500	$18K
RIVIAN AUTOMOTIVE INC	put	New	1,500	$14K
SNOWFLAKE INC	call	New	150	$12K
DKNG Draftkings Inc. Class A	call	New	200	$11K
BOX INC	put	New	500	$4K
STATE STR SPDR S&P 500 ETF T	put	New	1,000	$4K
OPENDOOR TECHNOLOGIES INC	call	New	82	$2K
SNAP INC	call	New	250	$625
ULTA BEAUTY INC	call	New	25	$563

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2023 → Q1 2024


WELLS FARGO & COMPANY (WFC 7.5 PERP L)	PERP PFD CNV A	Reduce -4.7%	184,763	$227.1M
BANK OF AMERICA CORP (BAC 7.25 PERP L)	7.25%CNV PFD L	Reduce -2.1%	181,779	$218.5M
FORD MOTOR COMPANY (F 0 03/15/26)	NOTE 3/1 · principal	Add +127.8%	127,746,000	$133.1M
EXACT SCIENCES CORP (EXAS 0.375 03/01/28)	NOTE 0.375% 3/0 · principal	Add +25.1%	94,296,000	$87.5M
NEXTERA ENERGY INC (NEE 6.926 09/01/25)	UNIT 09/01/2025	Reduce -0.4%	2,184,674	$87.1M
AFFIRM HOLDINGS INC (AFRM 0 11/15/26)	NOTE 11/1 · principal	Reduce -16.8%	101,112,000	$84.4M
SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25)	NOTE 1.250% 5/0 · principal	Reduce -29.1%	82,003,000	$84.1M
SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27)	NOTE 1.250% 9/1 · principal	Reduce -28.1%	69,897,000	$81.9M
SNAP INC (SNAP 0.75 08/01/26)	NOTE 0.750% 8/0 · principal	Add +7.8%	79,597,000	$77.0M
PIONEER NATURAL RESOURCE (PXD 0.25 05/15/25)	NOTE 0.250% 5/1 · principal	Reduce -3.1%	25,839,000	$74.6M
EXPEDIA GROUP INC (EXPE 0 02/15/26)	NOTE 2/1 · principal	Reduce -3.7%	78,749,000	$73.5M
BOOKING HOLDINGS INC (BKNG 0.75 05/01/25)	NOTE 0.750% 5/0 · principal	Reduce -17.5%	37,055,000	$72.3M
AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25)	NOTE 6.500% 7/0 · principal	Reduce -20.7%	60,998,000	$71.9M
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26)	SER A MAND CNV	Reduce -7.6%	1,096,505	$71.0M
UBER TECHNOLOGIES INC (UBER 0 12/15/25)	NOTE 12/1 · principal	Add +11.1%	62,005,000	$69.9M
MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27)	NOTE 3.250%12/1 · principal	Add +5.7%	71,380,000	$68.1M
DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26)	NOTE 12/0 · principal	Reduce -1.5%	78,494,000	$66.4M
INSULET CORPORATION (PODD 0.375 09/01/26)	NOTE 0.375% 9/0 · principal	Add +104.4%	59,603,000	$62.4M
ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28)	NOTE 1.000%12/0 · principal	Add +13.3%	65,584,000	$61.2M
EQT CORP (EQT 1.75 05/01/26)	NOTE 1.750% 5/0 · principal	Sold out	22,897,000	$60.9Mbefore exit
AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27)	NOTE 0.375% 9/0 · principal	Add +90.8%	55,671,000	$59.0M
WAYFAIR INC (W 1 08/15/26)	NOTE 1.000% 8/1 · principal	Reduce -17.7%	61,786,000	$57.5M
BLACKLINE INC (BL 0 03/15/26)	NOTE 3/1 · principal	Reduce -2.2%	61,918,000	$56.5M
DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28)	NOTE 3/1 · principal	Add +0.4%	61,216,000	$53.3M
HALOZYME THERAPEUTICS IN (HALO 1 08/15/28)	NOTE 1.000% 8/1 · principal	Reduce -10.8%	49,927,000	$48.8M
BENTLEY SYSTEMS INC (BSY 0.125 01/15/26)	NOTE 0.125% 1/1 · principal	Reduce -4.6%	47,552,000	$48.1M
ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27)	NOTE 1.000% 9/1 · principal	Reduce -17.8%	44,967,000	$42.6M
SNAP INC (SNAP 0.125 03/01/28)	NOTE 0.125% 3/0 · principal	Reduce -3.3%	55,539,000	$42.5M
SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27)	NOTE 0.500% 8/0 · principal	Add +49.9%	45,179,000	$42.3M
BLOCK INC (XYZ 0.125 03/01/25)	NOTE 0.125% 3/0 · principal	Add +30.2%	39,312,000	$40.3M
CABLE ONE INC (CABO 0 03/15/26)	NOTE 3/1 · principal	Add +41.0%	45,212,000	$39.7M
ALTERYX INC (AYX 1 08/01/26)	NOTE 1.000% 8/0 · principal	Sold out	40,002,000	$39.1Mbefore exit
ENPHASE ENERGY INC (ENPH 0 03/01/28)	NOTE 3/0 · principal	Reduce -20.9%	45,087,000	$38.9M
NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25)	NOTE 7.500%10/1 · principal	Add +8.9%	35,539,000	$37.7M
WOLF Wolfspeed Inc. (wolf 1.875 12/01/29)	NOTE 1.875%12/0 · principal	Add +7.0%	64,880,000	$37.0M
CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B)	6.75DP CNV PFD B	Reduce -6.2%	552,649	$36.6M
ZIFF DAVIS INC (ZD 1.75 11/01/26)	NOTE 1.750%11/0 · principal	Reduce -15.4%	38,155,000	$36.6M
WAYFAIR INC (W 3.25 09/15/27)	NOTE 3.250% 9/1 · principal	Add +13.3%	27,188,000	$35.9M
DROPBOX INC (DBX 0 03/01/28)	NOTE 3/0 · principal	Add +700.8%	37,862,000	$35.7M
NCL CORPORATION LTD (NCLH 1.125 02/15/27)	NOTE 1.125% 2/1 · principal	Reduce -57.6%	37,116,000	$35.3M
ZSCALER INC. (ZS 0.125 07/01/25)	NOTE 0.125% 7/0 · principal	Add +25.8%	25,825,000	$35.3M
HAEMONETICS CORP (HAE 0 03/01/26)	NOTE 3/0 · principal	Add +27.9%	37,716,000	$34.9M
PELOTON INTERACTIVE INC (PTON 0 02/15/26)	NOTE 2/1 · principal	Reduce -48.1%	40,214,000	$34.2M
JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26)	NOTE 2.000% 6/1 · principal	Reduce -22.4%	33,935,000	$34.0M
ETSY INC (ETSY 0.125 10/01/26)	NOTE 0.125%10/0 · principal	Add +248.6%	31,409,000	$33.4M
BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29)	NOTE 2.250% 2/0 · principal	Add +12.1%	40,049,000	$33.1M
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26)	NOTE 0.500%12/1 · principal	Add +10911.5%	37,219,000	$33.0M
MICROCHIP TECHNOLOGY INC (MCHP 0.125 11/15/24)	NOTE 0.125%11/1 · principal	New	30,390,000	$32.6M
LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27)	NOTE 2.625%12/1 · principal	Add +0.9%	28,603,000	$32.0M
WOLF Wolfspeed Inc. (wolf 1.75 05/01/26)	NOTE 1.750% 5/0 · principal	Add +241.3%	32,652,000	$31.9M

Showing the first 50 of 154.

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	23	$91.9M	ACVT, STM, GLW, ETN, NOW
Q1 2026	28	$91.3M	ACVT, GM, UAL, NOW, ETN
Q4 2025	15	$60.9M	ACVT, ETN, NOC, ABBV, GM
Q3 2025	19	$71.8M	ACVT, AMGN, FANG, AMZN, ETN
Q2 2025	30	$83.2M	ACVT, META, AMGN, AVGO, IBM
Q1 2025	20	$52.4M	AVGO, LOW, FANG, NOC, DXCM
Q4 2024	23	$52.2M	UPS, EXPE, LOW, X, ABBV
Q3 2024	39	$58.8M	NVDA, WHR, HD, VLO, ETN
Q2 2024	23	$55.8M	ZTS, ABBV, HD, AMZN, GOOG
Q1 2024	30	$69.9M	GOOG, UPS, ABBV, MDB, SLB