ADVENT CAPITAL MANAGEMENT /DE/ Q4 2025 Filing

Filed February 9, 2026

Portfolio Value

$5.0T

Holdings

224

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (224 positions)

#StockSharesValue% PortfolioType
201
ZD 1.75 11/01/26ZIFF DAVIS INC
775,000$761.0M0.02%
202
ZTSZoetis Inc
5,600$704.0M0.01%
203
ESPREsperion Therapeutics Inc
190,000$703.0M0.01%Call
204
UNITUniti Group Inc
100,000$701.0M0.01%
205
MTSI 0.25 03/15/26M/A-COM TECH SOLUTIONS
325,000$676.0M0.01%
206
HLF 4.25 06/15/28HERBALIFE LTD
554,000$601.0M0.01%
207
BBIO 2.5 03/15/27BRIDGEBIO PHARMA INC
300,000$568.0M0.01%
208
BBAIBigBear.ai Holdings Inc
100,000$540.0M0.01%Call
209
AMCXAMC NETWORKS INC
476,000$495.0M0.01%
210
APLSApellis Pharmaceuticals Inc
18,000$452.0M0.01%
211
WULFTerawulf Inc
30,000$344.0M0.01%Call
212
HALO 1 08/15/28HALOZYME THERAPEUTICS IN
232,000$309.0M0.01%
213
CFLT 0 01/15/27CONFLUENT INC
285,000$277.0M0.01%
214
MSTR 0 12/01/29STRATEGY INC
332,000$273.0M0.01%
215
MARA 2.125 09/01/31MARA HOLDINGS INC
325,000$264.0M0.01%
216
LULULululemon Athletica Inc
1,000$207.0M0.00%Call
217
OPENOpendoor Technologies Inc
20,000$116.0M0.00%Call
218
BBAI/WSBIGBEAR.AI HOLDINGS INC
18,260$29.0M0.00%
219
GME/WSGAMESTOP CORP-CLASS A
6,778$20.0M0.00%
220
AUROWAURORA INNOVATION INC
61,500$13.0M0.00%
221
EEFT 0.75 03/15/49EURONET WORLDWIDE INC
4,000$3.0M0.00%
222
OPENWOPENDOOR TECHNOLOGIES INC
1,199$1.0M0.00%
223
OPENLOPENDOOR TECHNOLOGIES INC
1,199$00.00%
224
OPENZOPENDOOR TECHNOLOGIES INC
1,199$00.00%
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