ADVENT CAPITAL MANAGEMENT, LLC
Adviser information for ADVENT CAPITAL MANAGEMENT, LLC last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 55 |
|---|---|
| Investment Advisory/Research | 23 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 2 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 496 | $8.7B |
| Non-Discretionary | 0 | $0 |
| Total | 496 | $8.7B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 350 | $159.4M |
| HNW Individuals | 60 | $160.7M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 1 | $755.6M |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 8 | $570.9M |
| Pension and profit sharing plans | 6 | $219.7M |
| Charitable organizations | 8 | $486.8M |
| State or municipal gov entities | 31 | $2.9B |
| Other investment advisers | 0 | $0 |
| Insurance companies | 20 | $2.6B |
| Sovereign wealth funds and foreign official institutions | <5 | $152.1M |
| Corporations or other businesses | 10 | $630.5M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 2 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUMPerformance-based fees |
| Other Business Activities | Commodity pool operator or commodity trading advisor |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 310.7M |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| FIDELITY PORTFOLIO ADVISORY SERVICE | FIDELITY BROKERAGE SERVICES LLC |
| RAYMOND JAMES CONSULTING SERVICES PROGRAM | RAYMOND JAMES FINANCIAL SERVICES, INC. |
| MANAGED ACCOUNTS CONSULTING PROGRAM | UBS FINANCIAL SERVICES INC. |
| LOCKWOOD SPONSORED PROGRAM | BNY MELLON ADVISORS, INC. |
| MORGAN STANLEY CONSULTING AND EVALUATION SERVICES PROGRAM | MORGAN STANLEY |
| ADVISER SELECT PROGRAM | DEUTSCHE BANK SECURITIES INC. |
| AMC PREMIER PROGRAM | TRUIST INVESTMENT SERVICES, INC. |
| MANAGED ACCOUNT MARKETPLACE | CHARLES SCHWAB & CO., INC. |
| HIGHTOWER ADVISOR DIRECTED PROGRAM | HIGHTOWER ADVISORS, LLC |
| STIFEL OPPORTUNITY PROGRAM | STIFEL, NICOLAUS & COMPANY, INCORPORATED |
Principal Office
888 SEVENTH AVENUE31ST FLOOR
NEW YORK
NY
United States
Monday - Friday, 8 A.M. - 6 P.M.
Tel: 212-482-1600, Fax: 212-480-9655
Chief Compliance Officer
STEPHEN ELLWOOD
GENERAL COUNSEL
888 SEVENTH AVENUE
31ST FLOOR
NEW YORK
NY
United States
Tel:
212-482-1600
Fax:
212-480-9655
S*******@************M
(Full email address available in API data)
Regulatory Contact
ROBERT J WHITE
CHIEF FINANCIAL OFFICER, CHIEF OPERATING OFFICER
888 SEVENTH AVENUE
31ST FLOOR
NY
NY
United States
Tel:
212-482-1600
Fax:
212-480-9655
B*****@************M
(Full email address available in API data)
Industry Affiliates
| ACM FUNDS MANAGEMENT LLC | Sponsor, GP, manager of pooled investment vehicles |
| ADVENT CAPITAL MANAGEMENT UK LIMITED | Other investment adviser, including financial planners |
| ADVENT CAYMAN LIMITED | Sponsor, GP, manager of pooled investment vehicles |
| ADVENT VEGA FUND GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| ADVENT GLOBAL PARTNERS MASTER FUND, LP | Hedge Fund | $17.2M | $3.0M | 9 |
| ADVENT VEGA MASTER FUND, LP | Hedge Fund | $225.4M | $3.0M | 9 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| MAITLAND, TRACY, VINCENT | Individual | – | MANAGING MEMBER/CHIEF EXECUTIVE OFFICER | 04/2001 | < 5% |
| Utendahl, John, OSCAR | Individual | BENIN HOLDINGS, LLC | MEMBER | 11/2006 | 50-75% |
| WHITE, ROBERT, JOHN | Individual | – | CHIEF FINANCIAL OFFICER & CHIEF OPERATING OFFICER | 08/2005 | < 5% |
| BENIN HOLDINGS, LLC | Foreign Entity | – | MEMBER | 07/2006 | 5-10% |
| ACM MANAGEMENT HOLDINGS, LP | Domestic Entity | – | HOLDING COMPANY | 01/2020 | > 75% |
| ACM HOLDINGS GP, LLC | Domestic Entity | ACM MANAGEMENT HOLDINGS, LP | GENERAL PARTNER | 01/2020 | |
| MAITLAND, TRACY, VINCENT | Individual | ACM MANAGEMENT HOLDINGS, LP | MANAGING MEMBER | 01/2020 | > 75% |
| ELLWOOD, STEPHEN, COMER | Individual | – | GENERAL COUNSEL AND CHIEF COMPLIANCE OFFICER | 06/2023 | < 5% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed August 13th, 2024 for period ending June 30th, 2024
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| AMERICAN AIRLINES GROUP | CONV | 42M | – | – |
| AIRBNB INC | CONV | 289K | – | – |
| AFFIRM HOLDINGS INC | CONV | 62M | – | – |
| AKAMAI TECHNOLOGIES INC | CONV | 4M | – | – |
| AKAMAI TECHNOLOGIES INC | CONV | 58M | – | – |
| ALNYLAM PHARMACEUTICALS | CONV | 32M | – | – |
| ARRAY TECHNOLOGIES INC | CONV | 48M | – | – |
| BANDWIDTH INC | CONV | 4M | – | – |
| BRIDGEBIO PHARMA INC | CONV | 19M | – | – |
| BRIDGEBIO PHARMA INC | CONV | 29M | – | – |
| BLOOM ENERGY CORP | CONV | 10K | – | – |
| BLOOM ENERGY CORP | CONV | 47M | – | – |
| BIGCOMMERCE HOLDINGS INC | CONV | 3M | – | – |
| BILL HOLDINGS INC | CONV | 1M | – | – |
| BOOKING HOLDINGS INC | CONV | 68M | – | – |
| BLACKLINE INC | CONV | 1M | – | – |
| BIOMARIN PHARMACEUTICAL | CONV | 140K | – | – |
| BOX INC | CONV | 5M | – | – |
| BENTLEY SYSTEMS INC | CONV | 58M | – | – |
| BENTLEY SYSTEMS | CONV | 27M | – | – |
| BURLINGTON STORES INC | CONV | 3M | – | – |
| BLACKSTONE MORTGAGE TR | CONV | 6M | – | – |
| CABLE ONE INC | CONV | 39M | – | – |
| CABLE ONE INC | CONV | 934K | – | – |
| CHEESECAKE FACTORY (THE) | CONV | 33M | – | – |
| CONFLUENT INC | CONV | 26M | – | – |
| COHERUS BIOSCIENCES INC | CONV | 11K | – | – |
| CMS ENERGY CORP | CONV | 106M | – | – |
| CINEMARK HOLDINGS INC | CONV | 5M | – | – |
| CONMED CORP | CONV | 5K | – | – |
| COINBASE GLOBAL INC | CONV | 30M | – | – |
| CUTERA INC | CONV | 413K | – | – |
| CYBERARK SOFTWARE LTD | CONV | 15M | – | – |
| CYTOKINETICS INC | CONV | 11M | – | – |
| DROPBOX INC | CONV | 2M | – | – |
| DROPBOX INC | CONV | 37M | – | – |
| DATADOG INC | CONV | 12M | – | – |
| DISH NETWORK CORP | CONV | 13K | – | – |
| DRAFTKINGS HOLDINGS INC | CONV | 47M | – | – |
| DIGITALOCEAN HOLDINGS | CONV | 60M | – | – |
| DUKE ENERGY CORP | CONV | 122M | – | – |
| DEXCOM INC | CONV | 9K | – | – |
| DEXCOM INC | CONV | 83M | – | – |
| EVENTBRITE INC | CONV | 2M | – | – |
| EURONET WORLDWIDE INC | CONV | 12M | – | – |
| ENPHASE ENERGY INC | CONV | 2M | – | – |
| ENPHASE ENERGY INC | CONV | 33M | – | – |
| ENPHASE ENERGY INC | CONV | 7M | – | – |
| ENVESTNET INC | CONV | 6M | – | – |
| ETSY INC | CONV | 32M | – | – |
| ETSY INC | CONV | 37M | – | – |
| EVOLENT HEALTH INC | CONV | 9M | – | – |
| EXACT SCIENCES CORP | CONV | 9M | – | – |
| EXACT SCIENCES CORP | CONV | 7M | – | – |
| EXPEDIA GROUP INC | CONV | 57M | – | – |
| NATIONAL VISION HOLDINGS | CONV | 812K | – | – |
| FORD MOTOR COMPANY | CONV | 117M | – | – |
| FIVE9 INC | CONV | 2M | – | – |
| SHIFT4 PAYMENTS INC | CONV | 28M | – | – |
| SHIFT4 PAYMENTS INC | CONV | 74M | – | – |
| FIVERR INTERNATIONAL LTD | CONV | 2M | – | – |
| LIBERTY MEDIA CORP | CONV | 5M | – | – |
| GROUPON INC | CONV | 1M | – | – |
| HAEMONETICS CORP | CONV | 6K | – | – |
| HALOZYME THERAPEUTICS IN | CONV | 26M | – | – |
| H WORLD GROUP LTD | CONV | 11M | – | – |
| HUBSPOT INC | CONV | 15M | – | – |
| INTEGRA LIFESCIENCES HLD | CONV | 116K | – | – |
| INSMED INC | CONV | 5M | – | – |
| IONIS PHARMACEUTICALS IN | CONV | 10M | – | – |
| IONIS PHARMACEUTICALS IN | CONV | 8M | – | – |
| ITRON INC | CONV | 36M | – | – |
| JAZZ INVESTMENTS I LTD | CONV | 10M | – | – |
| JETBLUE AIRWAYS CORP | CONV | 16M | – | – |
| LITHIUM AMERICAS AR | CONV | 8M | – | – |
| LUMENTUM HOLDINGS INC | CONV | 4M | – | – |
| LUMENTUM HOLDINGS INC | CONV | 35M | – | – |
| LUMENTUM HOLDINGS INC | CONV | 24M | – | – |
| LIBERTY MEDIA CORP | CONV | 53M | – | – |
| ALLIANT ENERGY CORP | CONV | 19M | – | – |
| LANTHEUS HOLDINGS INC | CONV | 32M | – | – |
| LIVEPERSON INC | CONV | 9K | – | – |
| SOUTHWEST AIRLINES CO | CONV | 41M | – | – |
| LYFT INC | CONV | 946K | – | – |
| LIVE NATION ENTERTAINMEN | CONV | 277K | – | – |
| LIVE NATION ENTERTAINMEN | CONV | 13M | – | – |
| MICROCHIP TECHNOLOGY INC | CONV | 24M | – | – |
| MONGODB INC | CONV | 25M | – | – |
| MGP INGREDIENTS INC | CONV | 3M | – | – |
| MIDDLEBY CORP | CONV | 4M | – | – |
| MIRUM PHARMACEUTICALS | CONV | 27M | – | – |
| MICROSTRATEGY INC | CONV | 25M | – | – |
| NABORS INDUSTRIES INC | CONV | 23M | – | – |
| NCL CORPORATION LTD | CONV | 29M | – | – |
| NCL CORPORATION LTD | CONV | 39M | – | – |
| NEOGENOMICS INC | CONV | 23M | – | – |
| CLOUDFLARE INC | CONV | 32M | – | – |
| NEW MOUNTAIN FINANCE COR | CONV | 38M | – | – |
| NORTHERN OIL & GAS INC | CONV | 121K | – | – |
| NUTANIX INC | CONV | 10M | – | – |
| ENVISTA HOLDINGS CORP | CONV | 707K | – | – |
| ON SEMICONDUCTOR CORP | CONV | 104M | – | – |
| PALO ALTO NETWORKS | CONV | 12M | – | – |
| PEBBLEBROOK HOTEL TRUST | CONV | 164K | – | – |
| PENN ENTERTAINMENT INC | CONV | 14M | – | – |
| INSULET CORPORATION | CONV | 60M | – | – |
| PPL CAPITAL FUNDING INC | CONV | 46M | – | – |
| PERMIAN RESOURC OPTG LLC | CONV | 155K | – | – |
| PERFICIENT INC | CONV | 8K | – | – |
| PROGRESS SOFTWARE CORP | CONV | 217K | – | – |
| PELOTON INTERACTIVE INC | CONV | 8K | – | – |
| Q2 HOLDINGS INC | CONV | 5M | – | – |
| Q2 HOLDINGS INC | CONV | 125K | – | – |
| ROYAL CARIBBEAN CRUISES | CONV | 21M | – | – |
| RIVIAN AUTO INC | CONV | 31M | – | – |
| RINGCENTRAL INC | CONV | 3M | – | – |
| RINGCENTRAL INC | CONV | 7K | – | – |
| RAPID7 INC | CONV | 30M | – | – |
| SHAKE SHACK INC | CONV | 17M | – | – |
| SNAP INC | CONV | 48M | – | – |
| SNAP INC | CONV | 7M | – | – |
| SOUTHERN CO | CONV | 50M | – | – |
| BLOCK INC | CONV | 11M | – | – |
| BLOCK INC | CONV | 27M | – | – |
| SAREPTA THERAPEUTICS INC | CONV | 58M | – | – |
| TELADOC HEALTH INC | CONV | 30M | – | – |
| TPI COMPOSITES INC | CONV | 913K | – | – |
| TYLER TECHNOLOGIES INC | CONV | 5M | – | – |
| UNITY SOFTWARE INC | CONV | 6M | – | – |
| UBER TECHNOLOGIES INC | CONV | 94M | – | – |
| UPSTART HOLDINGS INC | CONV | 4M | – | – |
| UPWORK INC | CONV | 3M | – | – |
| MARRIOTT VACATION WORLDW | CONV | 3M | – | – |
| MARRIOTT VACATION WORLDW | CONV | 64M | – | – |
| VIAVI SOLUTIONS INC | CONV | 2M | – | – |
| VENTAS REALTY LP | CONV | 83M | – | – |
| WAYFAIR INC | CONV | 51M | – | – |
| WAYFAIR INC | CONV | 44M | – | – |
| WINNEBAGO INDUSTRIES | CONV | 3M | – | – |
| WOLFSPEED INC | CONV | 14M | – | – |
| WOLFSPEED INC | CONV | 51M | – | – |
| WISDOMTREE INC | CONV | 4M | – | – |
| ZILLOW GROUP INC | CONV | 4M | – | – |
| ZILLOW GROUP INC | CONV | 68M | – | – |
| ZILLOW GROUP INC | CONV | 601K | – | – |
| ZIFF DAVIS INC | CONV | 35M | – | – |
| ZSCALER INC. | CONV | 41M | – | – |
| ZTO EXPRESS KY INC | CONV | 11M | – | – |
| Apple Inc | COM | 2M | 11K | – |
| AbbVie Inc | COM | 5M | 30K | – |
| Advanced Micro Devices Inc | COM | 2M | 15K | – |
| Amazon.com Inc | COM | 4M | 20K | – |
| Chubb Ltd | COM | 2M | 8K | – |
| Carnival Corp | COM | 910K | 49K | – |
| Chevron Corp | COM | 2M | 14K | – |
| Enphase Energy Inc | COM | 3M | 35K | – |
| Expedia Group Inc | COM | 3M | 20K | – |
| General Electric Co | COM | 2M | 12K | – |
| Alphabet Inc | COM | 4M | 20K | – |
| Home Depot Inc/The | COM | 5M | 14K | – |
| IBM | COM | 2M | 10K | – |
| IMAX Corp | COM | 246K | 15K | – |
| MGM Resorts International | COM | 3M | 65K | – |
| Micron Technology Inc | COM | 1M | 10K | – |
| NVIDIA Corp | COM | 1M | 10K | – |
| Organon & Co | COM | 3M | 125K | – |
| PennyMac Mortgage Investment T | COM | 125K | 9K | – |
| Block Inc | COM | 1M | 20K | – |
| Sarepta Therapeutics Inc | COM | 2M | 10K | – |
| Verizon Communications Inc | COM | 2M | 55K | – |
| Zoetis Inc | COM | 5M | 30K | – |
| Array Technologies Inc | COM | 616K | 60K | – |
| Chimera Investment Corp | COM | 1M | 100K | – |
| Dell Technologies Inc | COM | 414K | 3K | – |
| Dell Technologies Inc | COM | 4M | 30K | – |
| Five9 Inc | COM | 441K | 10K | – |
| HubSpot Inc | COM | 1M | 2K | – |
| IMAX Corp | COM | 503K | 30K | – |
| iShares Russell 2000 ETF | COM | 15M | 75K | – |
| iShares Russell 2000 ETF | COM | 8M | 40K | – |
| Kosmos Energy Ltd | COM | 554K | 100K | – |
| Live Nation Entertainment Inc | COM | 2M | 25K | – |
| Marathon Digital Holdings Inc | COM | 397K | 20K | – |
| Sunnova Energy International I | COM | 112K | 20K | – |
| Palantir Technologies Inc | COM | 760K | 30K | – |
| Sarepta Therapeutics Inc | COM | 790K | 5K | – |
| TJX Cos Inc/The | COM | 771K | 7K | – |
| TPI Composites Inc | COM | 399K | 100K | – |
| Tesla Inc | COM | 1M | 5K | – |
| Petco Health & Wellness Co Inc | COM | 189K | 50K | – |
| ALBEMARLE CORP | CONV PFD | 25M | 548K | – |
| APOLLO GLOBAL MANAGEMENT | CONV PFD | 77M | 1M | – |
| BANK OF AMERICA CORP | CONV PFD | 222M | 182K | – |
| BRIGHTSPRING HEALTH SERV | CONV PFD | 6M | 129K | – |
| CHART INDUSTRIES INC | CONV PFD | 21M | 413K | – |
| NEXTERA ENERGY INC | CONV PFD | 75M | 2M | – |
| NEXTERA ENERGY INC | CONV PFD | 12M | 180K | – |
| WELLS FARGO & COMPANY | CONV PFD | 212M | 176K | – |