HolderBook

ADVENT CAPITAL MANAGEMENT /DE/

Reported holdings as of Q2 2026, from 31 quarterly filings.

CIK
1097278
Reported value
$4.5B
Positions
234
Top 10 weight
26.6%
Filed
2026-08-11
Days after quarter end
42

Holdings

SecurityTickerValue SharesWeightWeight change Held Change
BANK OF AMER CORPBACPRL$183.9M146,2764.12%-0.79pp19q-1.9%-$3.6M
WELLS FARGO & COWFCPRL$176.6M152,0803.96%+3.48pp19q+2.6%+$4.5M
UBER TECHNOLOGIES INC$146.4M122,088,0003.28%-0.67pp7qDEBT
DOORDASH INC$139.3M141,271,0003.12%-newDEBT
NEXTERA ENERGY INCNEEPRS$104.8M1,953,9592.35%-0.67pp9q+0.9%+$903.3K
CMS ENERGY CORP$92.3M82,240,0002.07%-0.28pp9qDEBT
PPL CAP FDG INC$91.7M80,083,0002.05%-0.23pp9qDEBT
GLOBAL PMTS INC$85.1M94,075,0001.91%-0.54pp6qDEBT
ALPHABET INCGOOGN$82.7M1,638,8411.85%-newNEW
AKAMAI TECHNOLOGIES INC$82.4M56,426,0001.85%-newDEBT
KKR & CO INCKKRPRD$82.0M2,056,0821.84%-0.44pp6q+0.5%+$439.2K
WESTERN DIGITAL CORP$76.1M4,513,0001.70%+0.62pp7qDEBT
AEROVIRONMENT INC$72.5M75,871,0001.63%+0.08pp4qDEBT
APOLLO GLOBAL MGMT INCAPOPRA$66.4M1,088,8601.49%-0.63pp12q-16.5%-$13.1M
SNOWFLAKE INC$63.9M36,106,0001.43%+0.38pp4qDEBT
ALPHABET INC$63.9M1,267,9801.43%-newNEW
SOUTHERN COSOMN$60.8M1,215,4771.36%-0.24pp3q+8.4%+$4.7M
BOEING COBAPRA$60.2M887,3781.35%-0.20pp7q+2.3%+$1.4M
TETRA TECH INC NEW$57.2M53,812,0001.28%+0.13pp8qDEBT
IRHYTHM HOLDINGS INC$52.5M47,419,0001.18%-newDEBT
NEXTERA ENERGY CAP HLDGS INC$51.5M38,877,0001.15%-0.19pp6qDEBT
CLOUDFLARE INC$50.2M39,635,0001.13%-newDEBT
FIRSTENERGY CORP$50.1M44,372,0001.12%-newDEBT
MERITAGE HOMES CORP$50.1M48,267,0001.12%-0.30pp5qDEBT
CENTERPOINT ENERGY INC$49.8M40,768,0001.12%-0.24pp8qDEBT
WEC ENERGY GROUP INC$48.8M39,229,0001.09%-0.05pp5qDEBT
ORACLE CORPORCLPRD$47.6M1,055,5831.07%-newNEW
MICROCHIP TECHNOLOGY INC.MCHPP$46.5M603,7161.04%-0.16pp6q-20.6%-$12.1M
SOUTHERN CO$44.9M40,642,0001.01%-0.32pp5qDEBT
RIVIAN AUTOMOTIVE INC$44.7M41,593,0001.00%+0.07pp7qDEBT
SUPER MICRO COMPUTER INC$44.0M47,021,0000.99%-0.22pp6qDEBT
PG&E CORP$43.8M42,689,0000.98%-0.31pp7qDEBT
AFFIRM HLDGS INC$41.4M35,372,0000.93%-0.79pp3qDEBT
MARRIOTT VACATIONS WORLDWIDE$38.3M38,888,0000.86%-0.19pp11qDEBT
STRATEGY INC$35.8M38,723,0000.80%+0.03pp5qDEBT
ARES MANAGEMENT CORPORATIONARESPRB$35.6M939,0890.80%-0.16pp7q+0.6%+$227.3K
NCL CORP LTD$35.2M31,489,0000.79%-newDEBT
MICROCHIP TECHNOLOGY INC.$35.0M31,723,0000.78%+0.66pp2qDEBT
ALPHATEC HLDGS INC$33.7M35,108,0000.76%-newDEBT
COINBASE GLOBAL INC$33.1M36,881,0000.74%+0.39pp6qDEBT
PARSONS CORP DEL$33.1M33,272,0000.74%-0.15pp6qDEBT
PPL CORPPPLC$32.7M669,9040.73%-newNEW
GUIDEWIRE SOFTWARE INC$31.7M32,838,0000.71%-0.35pp3qDEBT
SUNRUN INC$30.8M25,649,0000.69%-0.12pp3qDEBT
RBB FUND TRUSTACVT$30.1M1,076,4000.67%-0.10pp5q-0.7%-$198.4K
DRAFTKINGS INC NEW$29.1M31,277,0000.65%-0.16pp18qDEBT
STATE STR SPDR S&P 500 ETF T OPTSPY$28.8Moptions only0.64%-5.50pp7qOPTIONS
GAMESTOP CORP$28.7M28,165,0000.64%-newDEBT
SUPER MICRO COMPUTER INC$27.5M30,992,0000.62%-newDEBT
DATADOG INC$26.1M18,322,0000.58%-1.52pp3qDEBT
PORCH GROUP INC$25.8M17,672,0000.58%+0.48pp3qDEBT
LIVE NATION ENTERTAINMENT IN$25.7M21,248,0000.58%-0.17pp3qDEBT
CLEANSPARK INC$25.6M19,705,0000.57%-0.05pp3qDEBT
TRIP COM GROUP LTD$25.0M25,331,0000.56%-0.30pp5qDEBT
REPLIGEN CORP$24.5M23,815,0000.55%-0.01pp5qDEBT
GAMESTOP CORP$24.0M23,506,0000.54%-newDEBT
UBER TECHNOLOGIES INC$23.9M20,634,0000.54%-newDEBT
CELCUITY INC$23.6M20,700,0000.53%-newDEBT
ETSY INC$23.6M24,876,0000.53%-0.07pp19qDEBT
INTEGER HLDGS CORP$22.4M22,904,0000.50%-newDEBT
RUBRIK INC.$22.1M21,564,0000.49%-newDEBT
BILL HOLDINGS INC$21.9M25,221,0000.49%-0.06pp3qDEBT
QXO INCQXOPRB$21.8M444,5470.49%-0.08pp5q+21.0%+$3.8M
UPSTART HLDGS INC$21.6M18,825,0000.49%+0.08pp3qDEBT
LANTHEUS HLDGS INC$21.4M14,700,0000.48%-0.85pp11qDEBT
ARROWHEAD PHARMACEUTICALS IN$21.4M17,840,0000.48%-newDEBT
ENPHASE ENERGY INC$20.9M22,411,0000.47%-0.21pp18qDEBT
PENNYMAC CORP$20.8M20,188,0000.47%-0.04pp5qDEBT
DEXCOM INC$19.7M21,038,0000.44%-0.10pp9qDEBT
ITRON INC$19.5M19,396,0000.44%-0.17pp5qDEBT
SITIME CORP$19.1M17,209,0000.43%-newDEBT
STRATEGY INC$18.4M19,210,0000.41%flat3qDEBT
MARA HOLDINGS INC$18.4M16,348,0000.41%+0.11pp3qDEBT
FRESHPET INC$17.7M15,139,0000.40%+0.27pp6qDEBT
NUTANIX INC$17.4M17,619,0000.39%+0.04pp3qDEBT
RIOT PLATFORMS INC$17.1M8,481,0000.38%-0.27pp3qDEBT
LIVE NATION ENTERTAINMENT IN$17.0M9,433,0000.38%+0.02pp9qDEBT
HEWLETT PACKARD ENTERPRISE CHPEPRC$16.8M144,0590.38%-0.29pp8q-61.6%-$27.1M
SNAP INC$16.8M20,531,0000.38%-0.13pp5qDEBT
AKAMAI TECHNOLOGIES INC$16.7M13,929,0000.37%-0.76pp8qDEBT
MERIT MED SYS INC$16.6M15,250,0000.37%-newDEBT
BRIDGEBIO PHARMA INC$16.3M14,548,0000.37%-0.22pp14qDEBT
ARRAY TECHNOLOGIES INC$16.2M17,389,0000.36%-0.19pp12qDEBT
CYBERARK SOFTWARE LTD$15.5M9,309,0000.35%-newDEBT
HAEMONETICS CORP MASS$15.3M15,016,0000.34%-0.27pp5qDEBT
SUPER MICRO COMPUTER INCSMCIP$15.2M295,6510.34%-newNEW
INVESCO QQQ TR OPTQQQ$14.7Moptions only0.33%-newOPTIONS
EVERGY INC$14.7M10,300,0000.33%+0.14pp4qDEBT
NORTHERN OIL & GAS INC$14.5M14,977,0000.33%-0.09pp6qDEBT
JAZZ INVESTMENTS I LTD$14.3M8,340,0000.32%-0.21pp4qDEBT
UPWORK INC$14.1M14,174,0000.32%-0.07pp16qDEBT
SHIFT4 PMTS INCFOURPRA$13.8M221,8690.31%-0.05pp5q-10.3%-$1.6M
TELADOC HEALTH INC$13.7M14,056,0000.31%-0.08pp21qDEBT
VISHAY INTERTECHNOLOGY INC$13.6M6,808,0000.30%-0.28pp8qDEBT
SUPER MICRO COMPUTER INC$13.5M13,592,0000.30%-newDEBT
HALOZYME THERAPEUTICS INC$13.4M9,129,0000.30%+0.02pp12qDEBT
MKS INC.$13.1M4,427,0000.29%-0.14pp5qDEBT
FIVE9 INC$13.0M14,598,0000.29%-0.06pp6qDEBT
STMICROELECTRONICS N VSTM$12.9M172,8620.29%-newNEW
ENOVIS CORPORATION$12.9M13,315,0000.29%-0.09pp7qDEBT
SHIFT4 PMTS INC$12.8M13,418,0000.29%+0.22pp16qDEBT
UGI CORP NEW$12.8M9,544,0000.29%-0.04pp5qDEBT
BRIDGEBIO PHARMA INC$12.7M7,501,0000.28%-newDEBT
POST HLDGS INC$12.3M11,754,0000.28%-newDEBT
PROGRESS SOFTWARE CORP$12.2M12,569,0000.27%-0.16pp4qDEBT
ARRAY TECHNOLOGIES INC$11.8M9,428,0000.26%-newDEBT
PG&E CORPPCGPRX$10.8M259,2030.24%-0.32pp7q-44.9%-$8.8M
ALBEMARLE CORPALBPRA$10.4M187,8960.23%+0.07pp9q+131.1%+$5.9M
ON SEMICONDUCTOR CORP$10.2M5,590,0000.23%+0.11pp7qDEBT
NUVATION BIO INC$9.9M9,499,0000.22%-newDEBT
CLOUDFLARE INC$9.6M7,482,0000.22%+0.03pp2qDEBT
RIVIAN AUTOMOTIVE INC$9.6M7,984,0000.21%+0.05pp9qDEBT
SHAKE SHACK INC$9.0M9,689,0000.20%+0.01pp11qDEBT
INTERDIGITAL INC$9.0M2,455,0000.20%-newDEBT
ALIBABA GROUP HLDG LTD$8.7M7,387,0000.20%-0.09pp5qDEBT
CRACKER BARREL OLD CTRY STOR$8.6M8,370,0000.19%-newDEBT
BOFA FIN LLC$8.6M6,800,0000.19%-0.03pp8qDEBT
NUTANIX INC$8.4M7,425,0000.19%-0.01pp4qDEBT
SOLARIS ENERGY INFRAS INC$8.0M4,930,0000.18%-0.25pp3qDEBT
IONIS PHARMACEUTICALS INC$8.0M5,146,0000.18%-0.03pp7qDEBT
UPSTART HLDGS INC$7.6M9,273,0000.17%+0.04pp3qDEBT
BEST BUY INC OPTBBY$7.6Moptions only0.17%-newOPTIONS
MACOM TECH SOLUTIONS HLDGS I$7.2M3,133,0000.16%-newDEBT
ADVANCED ENERGY INDS$7.1M2,573,0000.16%+0.12pp4qDEBT
EVOLENT HEALTH INC$6.5M8,037,0000.15%+0.03pp4qDEBT
BLACKSTONE MORTGAGE TRUST IN$6.5M6,398,0000.15%-0.03pp18qDEBT
HALOZYME THERAPEUTICS INC$6.3M5,675,0000.14%+0.06pp3qDEBT
UNITY SOFTWARE INC$6.3M6,413,0000.14%-0.03pp15qDEBT
TRAVERE THERAPEUTICS INC$6.2M5,258,0000.14%-newDEBT
BRIGHTSPRING HEALTH SVCS INCBTSGU$6.1M26,4270.14%+0.03pp9qHELD
LIBERTY MEDIA CORP DEL$6.0M5,147,0000.13%-0.01pp9qDEBT
STRATEGY INCSTRK$5.9M100,8760.13%-0.06pp6q+3.1%+$180.6K
TANDEM DIABETES CARE INC$5.9M6,196,0000.13%-newDEBT
SOUTHERN CO$5.8M5,759,0000.13%-newDEBT
T1 ENERGY INC$5.8M3,350,0000.13%+0.04pp3qDEBT
LIFE360 INC$5.8M5,610,0000.13%-newDEBT
HERBALIFE LTD$5.8M4,992,0000.13%+0.03pp8qDEBT
LYFT INC$5.7M5,442,0000.13%+0.05pp2qDEBT
CERENCE INC$5.7M6,200,0000.13%-0.02pp6qDEBT
SEAGATE HDD CAYMAN$5.7M485,0000.13%-0.06pp8qDEBT
REVOLUTION MEDICINES INC$5.6M4,498,0000.13%-newDEBT
GREENBRIER COS INC$5.6M4,900,0000.13%-0.03pp2qDEBT
GUARDANT HEALTH INC$5.6M4,487,0000.13%-0.22pp2qDEBT
AMAZON COM INC OPTAMZN$5.6M11,0000.13%+0.03pp2q-31.2%-$2.5M
COGENT BIOSCIENCES INC$5.6M4,465,0000.12%-0.03pp3qDEBT
MIRUM PHARMACEUTICALS INC$5.2M1,406,0000.12%flat9qDEBT
ON SEMICONDUCTOR CORP$5.1M4,212,0000.11%-0.50pp9qDEBT
THE REALREAL INC$5.1M3,550,0000.11%+0.02pp4qDEBT
SUPER MICRO COMPUTER INC OPTSMCI$4.8Moptions only0.11%+0.04pp2qOPTIONS
SNAP INC$4.5M4,850,0000.10%-0.02pp13qDEBT
BRUKER CORPBRKRP$4.4M10,0000.10%-0.47pp4q-85.9%-$27.1M
OMNICELL COM$4.4M4,168,0000.10%+0.02pp2qDEBT
CORNING INCGLW$4.3M17,0000.10%+0.02pp2q-15.0%-$766.3K
EATON CORP PLCETN$4.3M10,0000.10%flat6qHELD
CAPITAL SOUTHWEST CORP$4.2M4,038,0000.10%-0.11pp7qDEBT
ALLIANT ENERGY CORP$4.1M3,750,0000.09%-newDEBT
FLUOR CORP$4.1M3,108,0000.09%-0.16pp7qDEBT
WAYFAIR INC$3.9M2,599,0000.09%-0.03pp2qDEBT
IMMUNOCORE HLDGS PLC$3.8M4,100,0000.09%-0.05pp4qDEBT
BLOCK INC$3.8M3,981,0000.08%-0.02pp19qDEBT
AMPHASTAR PHARMACEUTICALS IN$3.5M3,862,0000.08%-0.02pp6qDEBT
SERVICENOW INCNOW$3.5M35,0000.08%-0.02pp2qHELD
SPIRIT AEROSYSTEMS INC$3.5M2,215,0000.08%-newDEBT
STRIDE INC$3.5M2,035,0000.08%-0.02pp4qDEBT
SANDISK CORPSNDK$3.4M1,5000.08%-newNEW
FASTLY INC$3.3M2,290,0000.07%-newDEBT
VSE CORPVSECU$3.3M57,1350.07%-newNEW
MORGAN STANLEYMS$3.1M15,0000.07%-0.01pp2q-16.7%-$627.1K
JD.COM INC$3.1M3,185,0000.07%-0.07pp5qDEBT
T1 ENERGY INC$3.1M1,770,0000.07%-newDEBT
EVOLENT HEALTH INC$3.1M4,121,0000.07%+0.03pp7qDEBT
ROCKET COS INCRKT$3.0M190,0000.07%-newNEW
BOX INC$3.0M3,031,0000.07%+0.06pp4qDEBT
CIPHER DIGITAL INC OPTCIFR$2.9M100,0000.07%flat2q-33.3%-$1.5M
WINNEBAGO INDS INC$2.9M3,101,0000.07%-0.36pp6qDEBT
CUMMINS INCCMI$2.9M4,0000.06%-newNEW
ZENAS BIOPHARMA INC$2.8M2,360,0000.06%-newDEBT
AKAMAI TECHNOLOGIES INC$2.8M2,342,0000.06%+0.01pp24qDEBT
BLACKSKY TECHNOLOGY INC OPTBKSY$2.8Moptions only0.06%-newOPTIONS
WAYFAIR INCW$2.8M30,0000.06%+0.06pp2q+1347.2%+$2.6M
JETBLUE AIRWAYS CORP$2.6M2,360,0000.06%-0.46pp2qDEBT
NVIDIA CORPORATIONNVDA$2.6M13,0000.06%-newNEW
WILLIS LEASE FIN CORP$2.5M2,300,0000.06%-newDEBT
HOME DEPOT INC OPTHD$2.5Moptions only0.06%-newOPTIONS
CARNIVAL CORP LTDCCL$2.4M85,0000.05%-newNEW
WHIRLPOOL CORPWHRPRA$2.4M69,2000.05%-newNEW
M & T BK CORPMTB$2.4M10,0000.05%-0.02pp2q-16.7%-$476.0K
VERTIV HOLDINGS COVRT$2.3M7,0000.05%-newNEW
CELCUITY INC$2.2M980,0000.05%-0.02pp4qDEBT
LOWES COS INCLOW$2.2M10,0000.05%-newNEW
MARA HOLDINGS INC$2.2M2,170,0000.05%-0.02pp2qDEBT
MICRON TECHNOLOGY INCMU$2.1M1,8000.05%-newNEW
BENTLEY SYS INC$1.9M1,980,0000.04%-0.01pp16qDEBT
DIGITALOCEAN HLDGS INC$1.8M1,549,0000.04%flat15qDEBT
RAMACO RES INC$1.5M2,000,0000.03%-0.01pp2qDEBT
REDWOOD TRUST INC$1.3M1,300,0000.03%-0.02pp6qDEBT
SOFI TECHNOLOGIES INC OPTSOFI$1.3Moptions only0.03%-newOPTIONS
NEXTERA ENERGY INCNEEPRV$1.2M25,8000.03%-newNEW
JOBY AVIATION INC$1.2M1,330,0000.03%-newDEBT
LUMENTUM HLDGS INC$1.1M88,0000.02%-0.28pp6qDEBT
STRATEGY INC$1.1M1,029,0000.02%-0.01pp2qDEBT
BRIDGEBIO PHARMA INC$1.0M574,0000.02%+0.01pp14qDEBT
ALNYLAM PHARMACEUTICALS INC$1.0M850,0000.02%-newDEBT
KOSMOS ENERGY LTD$949.5K1,240,0000.02%-newDEBT
SAREPTA THERAPEUTICS INC$949.4K1,000,0000.02%flat3qDEBT
HERTZ GLOBAL HLDGS INC OPTHTZ$906.0Koptions only0.02%-newOPTIONS
AKAMAI TECHNOLOGIES INCAKAM$880.7K7,4500.02%flat3qHELD
BITDEER TECHNOLOGIES GROUP OPTBTDR$872.9Koptions only0.02%-newOPTIONS
VIRIDIAN THERAPEUTICS INC$862.2K800,0000.02%-newDEBT
MDA SPACE LTDMDA$823.7K20,0000.02%-newNEW
CENTRUS ENERGY CORP$815.2K410,0000.02%+0.01pp2qDEBT
PLUG PWR INC OPTPLUG$813.0Koptions only0.02%flat2qOPTIONS
WOLFSPEED INC OPTWOLF$772.0Koptions only0.02%-newOPTIONS
ZIFF DAVIS INC$770.5K775,0000.02%flat12qDEBT
SNOWFLAKE INC OPTSNOW$763.5Koptions only0.02%-newOPTIONS
STRATEGY INC$695.8K805,0000.02%-newDEBT
IREN LIMITED OPTIREN$686.0Koptions only0.02%-newOPTIONS
CYTOKINETICS INC$589.0K346,0000.01%-0.03pp3qDEBT
CIPHER DIGITAL INC$533.4K95,0000.01%flat2qDEBT
AMC GLOBAL MEDIA INC$516.4K476,0000.01%flat5qDEBT
APPLIED DIGITAL CORP$447.3K112,0000.01%flat2qDEBT
TRAVERE THERAPEUTICS INC$402.5K216,0000.01%-0.60pp6qDEBT
MARINEMAX INCHZO$380.8K10,4000.01%-newNEW
WOLFSPEED INC$314.8K80,0000.01%-newDEBT
QIAGEN NVQGEN$253.8K6,4910.01%flat2q+66.7%+$101.5K
ARRAY TECHNOLOGIES INC OPTARRY$185.2Koptions only0.00%-newOPTIONS
BIGBEAR AI HLDGS INCBBAI$146.8K40,0000.00%flat5q+100.0%+$73.4K
FMC CORP OPTFMC$115.0Koptions only0.00%-newOPTIONS
AURORA INNOVATION INCAUROW$19.7K61,5000.00%flat6qHELD
GAMESTOP CORP NEWGMEWS$18.9K6,7780.00%flat3qHELD
BIGBEAR AI HLDGS INCBBAIWS$6.5K18,2600.00%flat6qHELD
OPENDOOR TECHNOLOGIES INCOPENW$5941,1990.00%flat3qHELD
OPENDOOR TECHNOLOGIES INCOPENL$3391,1990.00%flat3qHELD
OPENDOOR TECHNOLOGIES INCOPENZ$2881,1990.00%flat3qHELD

By sector

Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.

Utilities 2.1%Semiconductors & Electronics 1.6%Other sectors 2.9%Not classified 93.4%
 
SectorValueShare
Utilities$93.6M2.1%
Semiconductors & Electronics$71.0M1.6%
Other sectors$128.0M2.9%
Not classified$4.2B93.4%

Quarter by quarter

QuarterValuePositions NewAddedTrimmed ExitedTop 10 Days to file
Q2 2026$4.5B2347464605326.6%42
Q1 2026$3.6B2134553815632.0%37
Q4 2025$5.0B2245752835235.8%40
Q3 2025$4.6B2194367735330.6%44
Q2 2025$4.7B2296746734627.5%44
Q1 2025$4.6B2085050774930.2%42
Q4 2024$4.3B2076040797028.8%44
Q3 2024$4.1B2176844804530.7%44
Q2 2024$4.2B1945839724929.3%44
Q1 2024$3.9B1854441804229.4%44
Q4 2023$4.4B1834248835627.2%44
Q3 2023$4.3B1973736936426.1%44
Q2 2023$5.2B22455341014424.6%42
Q1 2023$5.3B2133657856823.6%42
Q4 2022$5.8B24547621063223.0%45
Q3 2022$5.5B2303571865121.7%46
Q2 2022$5.7B2465188728020.0%46
Q1 2022$6.3B27557641006721.2%43
Q4 2021$5.9B28575481015821.3%45
Q3 2021$5.4B2686070965321.9%46
Q2 2021$5.1B2616156785123.3%47
Q1 2021$4.6B2519251764022.6%47
Q4 2020$4.7B1995449782923.3%47
Q3 2020$4.5B1743350723228.7%47
Q2 2020$4.3B1733525976230.3%45
Q1 2020$4.6B2004454815927.3%45
Q4 2019$5.2B2155346975123.7%45
Q3 2019$5.3B2134865783621.9%45
Q2 2019$5.2B2015044846220.7%45
Q1 2019$4.5B2135362828220.7%45
Q4 2018$4.1B242000020.2%45

Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.

Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.

Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.