CAMDEN ASSET MANAGEMENT L P /CA

Los Angeles, CA · CIK 903944 · 13F filing filed 2026-08-12

SEC-registered investment adviser since 1991 · limited partnership

Assets managed$11.2bn
Staff19 · 5 in investment roles
Main clients (by assets)Private funds 66%, Companies 20%, Pension plans 14%
Private funds14 (14 hedge) · $7.4bn gross assets
Websitecamdenasset.com
Form ADV · 2026-06-23SEC adviser record

Legal entityCAMDEN ASSET MANAGEMENT L.P. (US)

Kindhedge funds, futures
Others nearbyLos Angeles, CA

As an employer

Offices in1 country
Private fundshedge 14

US visa salary filings

Filings FY20261
Median salary offered$200,000
Middle half$200,000 – $200,000
Job titles1
E-3 (Australians)1

Job title	Filings	Median	Range
Portfolio ManagerLos Angeles, CA	1	$200,000

Source: US Department of Labor, Labor Condition Application disclosure data (certified, full-time, yearly equivalent). These are the salaries the employer committed to pay the visa roles it filed for, at least the prevailing wage for the job and place; they are not the pay of all its staff. Filed by: Camden Asset Management, L.P..

$3.4bn reported value +16.7% vs Q1 2026

73positions

36.7%in top 10

26 new 13 added 25 reduced 22 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	AKAMAI TECHNOLOGIES INC NOTE 0.250% 5/1 · principal AKAM 0.25 05.15.33 · principal	AKAM 0.25 05.15.33	118,770,000	$173.2m5.04%	5.04%	New
2	FIRSTENERGY CORP NOTE 3.625% 1/1 · principal FE 3.625 01.15.29 · principal	FE 3.625 01.15.29	148,122,000	$161.7m4.71%	4.71%	New
3	NEXTERA ENERGY CAP HLDGS INC NOTE 3.000% 3/0 · principal NEE 3 03.01.27 · principal	NEE 3 03.01.27	112,340,000	$147.6m4.30%	4.30%	Reduced -33.1m	-33,135,000 -22.8%
4	BOEING CO DEP CONV PFD A BA 6 10.15.27	BA 6 10.15.27	2,150,000	$145.7m4.24%	4.24%	New
5	ALPHABET INC DEP SHS RP1/20 B GOOGL 6.25 05.15.29 B	GOOGL 6.25 05.15.29 B	2,637,759	$132.3m3.85%	3.85%	New
6	UBER TECHNOLOGIES INC NOTE 0.875%12/0 · principal UBER 0.875 12.01.28 2028 · principal	UBER 0.875 12.01.28 2028	90,735,000	$108.5m3.16%	3.16%	Reduced -6.4m	-6,374,000 -6.6%
7	CLOUDFLARE INC NOTE 6/1 · principal NET 0 06.15.30 · principal	NET 0 06.15.30	83,676,000	$105.9m3.08%	3.08%	New
8	BRIDGEBIO PHARMA INC NOTE 1.750% 3/0 · principal BBIO 1.75 03.01.31 · principal	BBIO 1.75 03.01.31	60,600,000	$101.9m2.97%	2.97%	New
9	BANK AMERICA CORP 7.25%CNV PFD L BAC 7.25 PERP L	BAC 7.25 PERP L	79,488	$99.7m2.90%	2.90%	Added +7.6k	+7,626 10.6%
10	DOORDASH INC NOTE 5/1 · principal DASH 0 05.15.30 · principal	DASH 0 05.15.30	84,000,000	$82.7m2.41%	2.41%	New
11	WORLD KINECT CORPORATION NOTE 3.250% 7/0 · principal WKC 3.25 07.01.28 · principal	WKC 3.25 07.01.28	61,350,000	$79.1m2.30%	2.30%	Reduced -2.5m	-2,500,000 -3.9%
12	EVERGY INC NOTE 4.500%12/1 · principal EVRG 4.5 12.15.27 · principal	EVRG 4.5 12.15.27	55,601,000	$79.1m2.30%	2.30%	Reduced -2.0m	-2,013,000 -3.5%
13	UPWORK INC NOTE 0.250% 8/1 · principal UPWK 0.25 08.15.26 · principal	UPWK 0.25 08.15.26	79,023,000	$78.2m2.28%	2.28%	Unchanged
14	ARROWHEAD PHARMACEUTICALS IN NOTE 1/1 · principal ARWR 0 01.15.32 · principal	ARWR 0 01.15.32	64,283,000	$76.7m2.23%	2.23%	Added +18.8m	+18,783,000 41.3%
15	ETSY INC NOTE 1.000% 6/1 · principal ETSY 1 06.15.30 · principal	ETSY 1 06.15.30	65,500,000	$75.9m2.21%	2.21%	New
16	WEC ENERGY GROUP INC NOTE 4.375% 6/0 · principal WEC 4.375 06.01.27 · principal	WEC 4.375 06.01.27	62,161,000	$75.2m2.19%	2.19%	Reduced -83.5m	-83,482,000 -57.3%
17	PPL CORP UNIT 02/15/2029 PPL 7 02.15.29	PPL 7 02.15.29	1,530,000	$74.6m2.17%	2.17%	Reduced -250.0k	-250,000 -14.0%
18	NUTANIX INC NOTE 0.500%12/1 · principal NTNX 0.5 12.15.29 · principal	NTNX 0.5 12.15.29	65,928,000	$64.8m1.89%	1.89%	Added +2.0m	+2,000,000 3.1%
19	DEXCOM INC NOTE 0.375% 5/1 · principal DXCM 0.375 05.15.28 · principal	DXCM 0.375 05.15.28	68,531,000	$63.9m1.86%	1.86%	Reduced -6.5m	-6,519,000 -8.7%
20	TELADOC HEALTH INC NOTE 1.250% 6/0 · principal TDOC 1.25 06.01.27 · principal	TDOC 1.25 06.01.27	62,641,000	$60.7m1.77%	1.77%	Unchanged
21	SOUTHERN CO UNIT 12/15/2028 SO 7.125 12.15.28 A	SO 7.125 12.15.28 A	1,152,900	$57.5m1.68%	1.68%	Added +605.0k	+605,000 110.4%
22	SNOWFLAKE INC NOTE 10/0 · principal SNOW 0 10.01.29 · principal	SNOW 0 10.01.29	32,176,000	$56.9m1.66%	1.66%	Reduced -10.5m	-10,500,000 -24.6%
23	LIVE NATION ENTERTAINMENT IN NOTE 3.125% 1/1 · principal LYV 3.125 01.15.29 · principal	LYV 3.125 01.15.29	30,475,000	$54.3m1.58%	1.58%	Added +2.5m	+2,500,000 8.9%
24	ALLIANT ENERGY CORP NOTE 3.250% 5/3 · principal LNT 3.25 05.30.28 · principal	LNT 3.25 05.30.28	48,634,000	$53.5m1.56%	1.56%	New
25	EL PASO ENERGY CAP TR I PFD CV TR SEC 28 KMI 4.75 03.31.28	KMI 4.75 03.31.28	1,061,328	$53.4m1.56%	1.56%	Reduced -130.0k	-130,000 -10.9%
26	INNOVIVA INC NOTE 2.125% 3/1 · principal INVA 2.125 03.15.28 · principal	INVA 2.125 03.15.28	49,052,000	$52.5m1.53%	1.53%	Added +8.0m	+8,000,000 19.5%
27	MERIT MED SYS INC NOTE 3.000% 2/0 · principal MMSI 3 02.01.29 · principal	MMSI 3 02.01.29	48,300,000	$51.9m1.51%	1.51%	New
28	CHEESECAKE FACTORY INC NOTE 2.000% 3/1 · principal CAKE 2 03.15.30 · principal	CAKE 2 03.15.30	38,066,000	$48.4m1.41%	1.41%	Reduced -20.6m	-20,634,000 -35.1%
29	BIOMARIN PHARMACEUTICAL INC NOTE 1.250% 5/1 · principal BMRN 1.25 05.15.27 · principal	BMRN 1.25 05.15.27	46,325,000	$45.0m1.31%	1.31%	New
30	ANI PHARMACEUTICALS INC NOTE 2.250% 9/0 · principal ANIP 2.25 09.01.29 · principal	ANIP 2.25 09.01.29	34,017,000	$44.1m1.28%	1.28%	Reduced -6.5m	-6,500,000 -16.0%
31	UNITY SOFTWARE INC NOTE 11/1 · principal U 0 11.15.26 · principal	U 0 11.15.26	44,877,000	$44.0m1.28%	1.28%	Unchanged
32	GOLAR LNG LTD NOTE 2.750%12/1 · principal GLNG 2.75 12.15.30 · principal	GLNG 2.75 12.15.30	38,500,000	$43.8m1.28%	1.28%	New
33	LANTHEUS HLDGS INC NOTE 2.625%12/1 · principal LNTH 2.625 12.15.27 · principal	LNTH 2.625 12.15.27	29,953,000	$43.4m1.27%	1.27%	Reduced -8.0m	-7,966,000 -21.0%
34	CHEFS WHSE INC NOTE 2.375%12/1 · principal CHEF 2.375 12.15.28 · principal	CHEF 2.375 12.15.28	19,397,000	$43.3m1.26%	1.26%	Unchanged
35	ORACLE CORP 6.5 DEP CUM SR D ORCL 6.5 01.15.29 D	ORCL 6.5 01.15.29 D	933,000	$41.9m1.22%	1.22%	Added +123.0k	+123,000 15.2%
36	IMMUNOCORE HLDGS PLC NOTE 2.500% 2/0 · principal IMCR 2.5 02.01.30 · principal	IMCR 2.5 02.01.30	44,459,000	$40.7m1.18%	1.18%	Added +1.7m	+1,731,000 4.0%
37	NEXTERA ENERGY INC UNIT 02/15/2029 NEE 7.375 02.15.29	NEE 7.375 02.15.29	830,000	$39.5m1.15%	1.15%	Reduced -675.0k	-675,000 -44.9%
38	FIRSTENERGY CORP NOTE 3.875% 1/1 · principal FE 3.875 01.15.31 · principal	FE 3.875 01.15.31	35,370,000	$39.3m1.14%	1.14%	New
39	NEXTERA ENERGY INC UNIT 11/01/2027 NEE 7.234 11.01.27	NEE 7.234 11.01.27	780,000	$39.3m1.14%	1.14%	New
40	ENVISTA HOLDINGS CORPORATION NOTE 1.750% 8/1 · principal NVST 1.75 08.15.28 · principal	NVST 1.75 08.15.28	38,490,000	$38.5m1.12%	1.12%	Added +15.4m	+15,450,000 67.1%
41	SOUTHERN CO NOTE 3.250% 6/1 · principal SO 3.25 06.15.28 · principal	SO 3.25 06.15.28	36,013,000	$36.4m1.06%	1.06%	New
42	CELCUITY INC NOTE 0.250% 8/0 · principal CELC 0.25 08.01.32 · principal	CELC 0.25 08.01.32	31,500,000	$35.8m1.04%	1.04%	New
43	LEMAITRE VASCULAR INC NOTE 2.500% 2/0 · principal LMAT 2.5 02.01.30 · principal	LMAT 2.5 02.01.30	31,500,000	$33.3m0.97%	0.97%	New
44	VISHAY INTERTECHNOLOGY INC NOTE 2.250% 9/1 · principal VSH 2.25 09.15.30 · principal	VSH 2.25 09.15.30	14,355,000	$28.5m0.83%	0.83%	Reduced -7.8m	-7,750,000 -35.1%
45	FLUOR CORP NOTE 1.125% 8/1 · principal FLR 1.125 08.15.29 · principal	FLR 1.125 08.15.29	20,659,000	$27.3m0.80%	0.80%	Added +3.3m	+3,309,000 19.1%
46	CRACKER BARREL OLD CTRY STOR NOTE 1.750% 9/1 · principal CBRL 1.75 09.15.30 · principal	CBRL 1.75 09.15.30	26,650,000	$27.2m0.79%	0.79%	New
47	ETSY INC NOTE 0.125% 9/0 · principal ETSY 0.125 09.01.27 · principal	ETSY 0.125 09.01.27	22,737,000	$21.5m0.63%	0.63%	New
48	JAZZ INVESTMENTS I LTD NOTE 3.125% 9/1 · principal JAZZ 3.125 09.15.30 · principal	JAZZ 3.125 09.15.30	12,000,000	$20.4m0.60%	0.60%	Reduced -2.5m	-2,500,000 -17.2%
49	ENPHASE ENERGY INC NOTE 3/0 · principal ENPH 0 03.01.28 · principal	ENPH 0 03.01.28	21,279,000	$19.8m0.58%	0.58%	Unchanged
50	ALARM COM HLDGS INC NOTE 2.250% 6/0 · principal ALRM 2.25 06.01.29 · principal	ALRM 2.25 06.01.29	20,471,000	$19.4m0.56%	0.56%	Unchanged
51	ITRON INC NOTE 1.375% 7/1 · principal ITRI 1.375 07.15.30 · principal	ITRI 1.375 07.15.30	18,655,000	$18.6m0.54%	0.54%	Added +9.5m	+9,516,000 104.1%
52	BOX INC NOTE 1.500% 9/1 · principal BOX 1.5 09.15.29 · principal	BOX 1.5 09.15.29	17,500,000	$17.1m0.50%	0.50%	Reduced -7.5m	-7,500,000 -30.0%
53	ETSY INC NOTE 0.250% 6/1 · principal ETSY 0.25 06.15.28 · principal	ETSY 0.25 06.15.28	18,215,000	$16.6m0.48%	0.48%	Reduced -52.5m	-52,500,000 -74.2%
54	MERITAGE HOMES CORP NOTE 1.750% 5/1 · principal MTH 1.75 05.15.28 · principal	MTH 1.75 05.15.28	15,922,000	$16.4m0.48%	0.48%	New
55	PARSONS CORP DEL NOTE 2.625% 3/0 · principal PSN 2.625 03.01.29 · principal	PSN 2.625 03.01.29	16,600,000	$16.3m0.48%	0.48%	New
56	ZIFF DAVIS INC DEBT 3.625% 3/0 · principal ZD 3.625 03.01.28 · principal	ZD 3.625 03.01.28	15,701,000	$15.6m0.46%	0.46%	Unchanged
57	WINNEBAGO INDS INC NOTE 3.250% 1/1 · principal WGO 3.25 01.15.30 · principal	WGO 3.25 01.15.30	16,548,000	$15.3m0.45%	0.45%	Reduced -3.0m	-3,000,000 -15.3%
58	AMPHASTAR PHARMACEUTICALS IN NOTE 2.000% 3/1 · principal AMPH 2 03.15.29 · principal	AMPH 2 03.15.29	15,327,000	$13.9m0.41%	0.41%	Reduced -26.5m	-26,500,000 -63.4%
59	GUIDEWIRE SOFTWARE INC NOTE 1.250%11/0 · principal GWRE 1.25 11.01.29 · principal	GWRE 1.25 11.01.29	14,244,000	$13.7m0.40%	0.40%	New
60	EPR PPTYS PFD C CV 5.75% EPR 5.75 PERP C	EPR 5.75 PERP C	526,931	$13.5m0.39%	0.39%	Unchanged
61	WELLS FARGO CO NEW PERP PFD CNV A WFC 7.5 PERP L	WFC 7.5 PERP L	10,594	$12.3m0.36%	0.36%	Added +9.5k	+9,539 904.2%
62	ALPHABET INC DEP SHS RP1/20 A GOOGL 6.25 05.15.29 A	GOOGL 6.25 05.15.29 A	221,895	$11.1m0.32%	0.32%	New
63	EVOLENT HEALTH INC NOTE 3.500%12/0 · principal EVH 3.5 12.01.29 · principal	EVH 3.5 12.01.29	14,554,000	$10.8m0.31%	0.31%	Reduced -4.5m	-4,500,000 -23.6%
64	SPECTRUM BRANDS INC NOTE 3.375% 6/0 · principal SPB 3.375 06.01.29 · principal	SPB 3.375 06.01.29	8,612,000	$9.0m0.26%	0.26%	New
65	NEXTERA ENERGY INC UNIT 06/01/2027 NEE 7.299 06.01.27	NEE 7.299 06.01.27	150,000	$8.0m0.23%	0.23%	New
66	EVOLENT HEALTH INC DEBT 4.500% 8/1 · principal DEBT 4.500% 8/1 · principal		9,357,000	$7.4m0.22%	0.22%	Reduced -4.6m	-4,600,000 -33.0%
67	AMC NETWORKS INC NOTE 4.250% 2/1 · principal AMCX 4.25 02.15.29 * · principal	AMCX 4.25 02.15.29 *	6,600,000	$7.0m0.20%	0.20%	Reduced -7.0m	-7,000,000 -51.5%
68	EPR PPTYS CONV PFD 9% SR E EPR 9 PERP E	EPR 9 PERP E	197,382	$6.4m0.19%	0.19%	Unchanged
69	CONMED CORP NOTE 2.250% 6/1 · principal CNMD 2.25 06.15.27 · principal	CNMD 2.25 06.15.27	5,000,000	$4.9m0.14%	0.14%	Reduced -64.3m	-64,300,000 -92.8%
70	XEROX HOLDINGS CORP NOTE 3.750% 3/1 · principal XRX 3.75 03.15.30 · principal	XRX 3.75 03.15.30	12,650,000	$4.3m0.13%	0.13%	Reduced -35.0m	-35,000,000 -73.5%
71	HAEMONETICS CORP MASS NOTE 2.500% 6/0 · principal HAE 2.5 06.01.29 · principal	HAE 2.5 06.01.29	3,800,000	$3.8m0.11%	0.11%	Reduced -42.5m	-42,500,000 -91.8%
72	WEC ENERGY GROUP INC NOTE 3.375% 6/0 · principal WEC 3.375 06.01.28 · principal	WEC 3.375 06.01.28	3,123,000	$3.2m0.09%	0.09%	New
73	XEROX HOLDINGS CORP *W EXP 02/11/202 · principal XRXDW · principal	XRXDW	362,328	$00.00%	0.00%	Added +362.2k	+362,210 306957.6%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
VENTAS RLTY LTD PARTNERSHIP VTR 3.75 06.01.26	VTR 3.75 06.01.26	88,455,000	$131.5m88.5m shares
OKTA INC OKTA 0.375 06.15.26	OKTA 0.375 06.15.26	119,519,000	$118.3m119.5m shares
AMERICAN WTR CAP CORP AWK 3.625 06.15.26	AWK 3.625 06.15.26	88,970,000	$88.8m89.0m shares
ON SEMICONDUCTOR CORP ON 0.5 03.01.29	ON 0.5 03.01.29	90,371,000	$88.3m90.4m shares
DIGITALOCEAN HLDGS INC DOCN 0 12.01.26	DOCN 0 12.01.26	60,251,000	$58.7m60.3m shares
BLOCK INC XYZ 0 05.01.26	XYZ 0 05.01.26	44,359,000	$44.2m44.4m shares
TETRA TECH INC NEW TTEK 2.25 08.15.28	TTEK 2.25 08.15.28	34,901,000	$36.5m34.9m shares
JOHN BEAN TECHNOLOGIES CORP JBTM 0.25 05.15.26	JBTM 0.25 05.15.26	32,865,000	$32.7m32.9m shares
SOUTHERN CO SO 4.5 06.15.27	SO 4.5 06.15.27	23,270,000	$25.8m23.3m shares
PINNACLE WEST CAP CORP PNW 4.75 06.15.27	PNW 4.75 06.15.27	16,938,000	$19.4m16.9m shares
INTEGER HLDGS CORP ITGR 1.875 03.15.30	ITGR 1.875 03.15.30	20,125,000	$19.2m20.1m shares
PEBBLEBROOK HOTEL TR PEB 1.75 12.15.26	PEB 1.75 12.15.26	19,085,000	$18.6m19.1m shares
BRIDGEBIO PHARMA INC BBIO 2.5 03.15.27	BBIO 2.5 03.15.27	7,170,000	$12.9m7.2m shares
LIVANOVA PLC LIVN 2.5 03.15.29	LIVN 2.5 03.15.29	10,000,000	$11.6m10.0m shares
BOEING CO BA	BA	40,300	$8.0m40.3k shares
MARRIOTT VACATIONS WORLDWIDE VAC 3.25 12.15.27	VAC 3.25 12.15.27	8,000,000	$7.7m8.0m shares
LCI INDS LCII 1.125 05.15.26	LCII 1.125 05.15.26	7,500,000	$7.5m7.5m shares
MICROCHIP TECHNOLOGY INC. MCHP 0.75 06.01.30	MCHP 0.75 06.01.30	7,500,000	$7.4m7.5m shares
RAPID7 INC RPD 1.25 03.15.29	RPD 1.25 03.15.29	7,090,000	$5.9m7.1m shares
WEC ENERGY GROUP INC WEC 4.375 06.01.29	WEC 4.375 06.01.29	3,000,000	$3.7m3.0m shares
PPL CAP FDG INC PPL 2.875 03.15.28	PPL 2.875 03.15.28	1,000,000	$1.2m1.0m shares
CORE SCIENTIFIC INC NEW CORZW	CORZW	769,504	$0769.5k shares