Vault-13

ADVENT CONV & INCOME FD AVK

COM · Closed-End Fund · CUSIP 00764C109

92 institutional holders +4 vs Q2 2024
10,677,73610.7m shares reported held*
$117.2mreported value*
12 new 32 added 28 reduced 9 sold out net bought ≈ $19.5m (+2.3m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $10.97.

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 80Q4 22: 93Q1 23: 90Q2 23: 89Q3 23: 94Q4 23: 92Q1 24: 90Q2 24: 88Q3 24: 9292Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 202280
Q4 202293
Q1 202390
Q2 202389
Q3 202394
Q4 202392
Q1 202490
Q2 202488
Q3 202492

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q4 22: 37 bought or addedQ4 22: 31 cut or sold outQ1 23: 29 bought or addedQ1 23: 47 cut or sold outQ1 23Q2 23: 39 bought or addedQ2 23: 34 cut or sold outQ3 23: 41 bought or addedQ3 23: 39 cut or sold outQ3 23Q4 23: 38 bought or addedQ4 23: 37 cut or sold outQ1 24: 42 bought or addedQ1 24: 40 cut or sold outQ1 24Q2 24: 41 bought or addedQ2 24: 37 cut or sold outQ3 24: 44 bought or addedQ3 24: 37 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20223731
Q1 20232947
Q2 20233934
Q3 20234139
Q4 20233837
Q1 20244240
Q2 20244137
Q3 20244437

Biggest buyers

Penserra Capital Management LLC New +996,194+996.2k
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC Added +373,065+373.1k
Arete Wealth Advisors, LLC Added +308,255+308.3k
Alpine Global Management, LLC New +298,611+298.6k
BOOTHBAY FUND MANAGEMENT, LLC New +289,143+289.1k
SIT INVESTMENT ASSOCIATES INC New +117,536+117.5k
Advisors Asset Management, Inc. Added +109,395+109.4k
Cable Car Capital, LP New +100,000+100.0k
Yakira Capital Management, Inc. New +84,189+84.2k
Shaker Financial Services, LLC New +41,596+41.6k

Biggest sellers

MORGAN STANLEY Reduced -133,250-133.2k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -98,972-99.0k
AQR Arbitrage LLC Sold out -79,361-79.4k
RAYMOND JAMES & ASSOCIATES Reduced -46,176-46.2k
Sanctuary Advisors, LLC Reduced -38,836-38.8k
GUGGENHEIM CAPITAL LLC Reduced -28,316-28.3k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -23,106-23.1k
Cetera Investment Advisers Sold out -19,116-19.1k
AVANTAX ADVISORY SERVICES, INC. Sold out -15,555-15.6k
Trust Investment Advisors Sold out -11,190-11.2k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: SIT INVESTMENT ASSOCIATES INC (4.8%, 2026-04-06)

Insider purchases and sales in Q3 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q4 22: 1 buyingQ4 22: 0 sellingQ1 23: 1 buyingQ1 23: 0 sellingQ1 23Q2 23: 1 buyingQ2 23: 0 sellingQ3 23: 1 buyingQ3 23: 1 sellingQ3 23Q4 23: 1 buyingQ4 23: 1 sellingQ1 24: 1 buyingQ1 24: 0 sellingQ1 24Q2 24: 1 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 0 sellingQ3 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20221$4.8k0——
Q1 20231$4.9k0——
Q2 20231$4.0k0——
Q3 20231$4.4k1$690.4k—
Q4 20231$4.1k1$80.0k—
Q1 20241$4.7k0——
Q2 20241$5.9k0——
Q3 20240—0——

None reported in Q3 2024.

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,570,5421.6m $18.4m $18.4m 0.00% Reduced -133.2k -133,250
2 Penserra Capital Management LLC 0.25% of their portfolio ORINDA, CA 996,194996.2k $11.7m $11.7m 0.25% New
3 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 745,259745.3k $8.7m $8.7m 0.00% Added +6.1k +6,118
4 GUGGENHEIM CAPITAL LLC 0.06% of their portfolio CHICAGO, IL 670,431670.4k $7.9m $7.9m 0.06% Reduced -28.3k -28,316
5 Arete Wealth Advisors, LLC 0.31% of their portfolio CHICAGO, IL 600,039600.0k $3.6m $3.6m 0.31% Added +308.3k +308,255
6 Advisors Asset Management, Inc. 0.11% of their portfolio Monument, CO 492,836492.8k $5.8m $5.8m 0.11% Added +109.4k +109,395
7 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 462,624462.6k $5.4m $5.4m 0.01% Added +7.2k +7,190
8 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 434,996435.0k $5.1m $5.1m 0.00% Added +8.1k +8,136
9 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio ORLANDO, FL 407,801407.8k $34.7k $34.7k 0.10% Added +373.1k +373,065
10 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 367,906367.9k $4.3m $4.3m 0.00% Reduced -46.2k -46,176
11 Koshinski Asset Management, Inc. 0.35% of their portfolio DECATUR, IL 341,488341.5k $4.0m $4.0m 0.35% Added +13.0k +13,044
12 Alpine Global Management, LLC 0.85% of their portfolio NEW YORK, NY 298,611298.6k $3.5m $3.5m 0.85% New
13 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 289,309289.3k $3.4m $3.4m 0.01% Added +7.3k +7,314
14 BOOTHBAY FUND MANAGEMENT, LLC 0.10% of their portfolio NEW YORK, NY 289,143289.1k $3.4m $3.4m 0.10% New
15 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 176,212176.2k $2.1m $2.1m 0.00% Reduced -23.1k -23,106
16 Edmonds Duncan Registered Investment Advisors, LLC 0.41% of their portfolio LAWRENCE, KS 161,054161.1k $1.9m $1.9m 0.41% Added +10.5k +10,469
17 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 151,954152.0k $1.8m $1.8m 0.00% Reduced -11.0k -11,041
18 UBS Group AG 0.00% of their portfolio ZURICH, V8 144,611144.6k $1.7m $1.7m 0.00% Reduced -8.3k -8,253
19 FCA CORP /TX 0.51% of their portfolio HOUSTON, TX 141,610141.6k $1.7m $1.7m 0.51% Added +8.0k +7,991
20 Formidable Asset Management, LLC 0.23% of their portfolio CINCINNATI, OH 120,724120.7k $1.4m $1.4m 0.23% Reduced -7.7k -7,741
21 SIT INVESTMENT ASSOCIATES INC 0.03% of their portfolio Minneapolis, MN 117,536117.5k $1.4m $1.4m 0.03% New
22 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 116,873116.9k $1.4m $1.4m 0.00% Reduced -6.4k -6,424
23 Cable Car Capital, LP 1.27% of their portfolio SAN FRANCISCO, CA 100,000100.0k $1.2m $1.2m 1.27% New
24 Yakira Capital Management, Inc. 0.38% of their portfolio Westport, CT 84,18984.2k $988.4k $988.4k 0.38% New
25 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 77,63277.6k $911.0k $911.0k 0.00% Added +7 +7
26 NWF Advisory Services Inc. 0.13% of their portfolio Los Angeles, CA 73,95174.0k $868.2k $868.2k 0.13% Reduced -1.0k -1,000
27 Cyndeo Wealth Partners, LLC 0.05% of their portfolio ST. PETERSBURG, FL 63,40963.4k $744.4k $744.4k 0.05% Unchanged
28 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 60,26560.3k $707.5k $707.5k 0.00% Reduced -1.4k -1,375
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 59,84759.8k $702.6k $702.6k 0.00% Added +7.3k +7,257
30 9258 Wealth Management, LLC 0.10% of their portfolio BLUE ASH, OH 59,34059.3k $696.7k $696.7k 0.10% Reduced -304 -304
31 Modern Wealth Management, LLC 0.04% of their portfolio KANSAS CITY, MO 57,66757.7k $677.0k $677.0k 0.04% Reduced -1.1k -1,083
32 PFG Investments, LLC 0.04% of their portfolio WOODBURY, NY 56,43756.4k $662.6k $662.6k 0.04% Reduced -5.6k -5,597
33 Stolper Co 0.22% of their portfolio TULSA, OK 56,16656.2k $659.0k $659.0k 0.22% Reduced -830 -830
34 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 47,09047.1k $553.0k $553.0k 0.00% Added +895 +895
35 Shaker Financial Services, LLC 0.18% of their portfolio Arlington, VA 41,59641.6k $488.3k $488.3k 0.18% New
36 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 41,36341.4k $485.6k $485.6k 0.00% Reduced -99.0k -98,972
37 Twelve Points Wealth Management LLC 0.13% of their portfolio CONCORD, MA 35,88535.9k $421.3k $421.3k 0.13% Added +1 +1
38 Heron Bay Capital Management 0.09% of their portfolio BLOOMFIELD HILLS, MI 35,11435.1k $412.2k $412.2k 0.09% Unchanged
39 Ameritas Advisory Services, LLC 0.02% of their portfolio Lincoln, NE 34,58034.6k $406.0k $406.0k 0.02% Added +9.7k +9,688
40 Centurion Wealth Management LLC 0.12% of their portfolio Mclean, VA 31,84331.8k $373.8k $373.8k 0.12% First filing
41 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 31,81431.8k $373.5k $373.5k 0.00% New
42 Sage Capital Management, LLC 0.18% of their portfolio Stockton, NJ 31,70031.7k $372.2k $372.2k 0.18% Added +7.5k +7,500
43 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 24,07924.1k $282.7k $282.7k 0.00% Added +1.9k +1,950
44 Oxbow Advisors, LLC 0.03% of their portfolio Austin, TX 23,40923.4k $274.8k $274.8k 0.03% Added +645 +645
45 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 23,07323.1k $270.9k $270.9k 0.00% Reduced -4.3k -4,300
46 Windsor Capital Management, LLC 0.08% of their portfolio Phoenix, AZ 22,28622.3k $261.6k $261.6k 0.08% Added +194 +194
47 COMERICA BANK 0.00% of their portfolio DALLAS, TX 22,17722.2k $260.4k $260.4k 0.00% Reduced -179 -179
48 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 22,13422.1k $259.9k $259.9k 0.00% Added +362 +362
49 Moors & Cabot, Inc. 0.01% of their portfolio BOSTON, MA 21,00021.0k $246.5k $246.5k 0.01% Unchanged
50 Vanguard Capital Wealth Advisors 0.26% of their portfolio DENVER, CO 20,67820.7k $242.8k $242.8k 0.26% Added +524 +524
51 Compound Planning, Inc. 0.01% of their portfolio NEW YORK, NY 20,21320.2k $237.3k $237.3k 0.01% Reduced -58 -58
52 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 18,60518.6k $218.4k $218.4k 0.00% Unchanged
53 Mariner, LLC 0.00% of their portfolio Overland Park, KS 17,27117.3k $202.8k $202.8k 0.00% Reduced -3.2k -3,176
54 RAYMOND JAMES TRUST N.A. 0.00% of their portfolio ST. PETERSBURG, FL 16,49516.5k $193.7k $193.7k 0.00% Reduced -2.0k -2,000
55 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 14,75114.8k $173.2k $173.2k 0.01% Reduced -681 -681
56 Pinnacle Wealth Planning Services, Inc. 0.02% of their portfolio MANSFIELD, OH 14,63014.6k $171.8k $171.8k 0.02% Reduced -1.8k -1,811
57 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 13,94613.9k $164.3k $164.3k 0.00% Reduced -3.3k -3,332
58 MELFA WEALTH MANAGEMENT, INC. 0.11% of their portfolio WESTBOROUGH, MA 13,80213.8k $162.0k $162.0k 0.11% Added +2.5k +2,500
59 Jaffetilchin Investment Partners, LLC 0.01% of their portfolio TAMPA, FL 13,47513.5k $158.2k $158.2k 0.01% Reduced -605 -605
60 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 13,29713.3k $156.1k $156.1k 0.00% Unchanged
61 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 13,15013.2k $154.4k $154.4k 0.01% Reduced -10.5k -10,500
62 CALTON & ASSOCIATES, INC. 0.06% of their portfolio Tampa, FL 12,97113.0k $152.3k $152.3k 0.06% New
63 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 12,02912.0k $141.2k $141.2k 0.00% Added +46 +46
64 Encompass More Asset Management 0.05% of their portfolio Danville, CA 11,90511.9k $139.8k $139.8k 0.05% New
65 TRANSCEND CAPITAL ADVISORS, LLC 0.01% of their portfolio MADISON, NJ 11,68111.7k $137.1k $137.1k 0.01% Unchanged
66 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 11,41511.4k $134.0k $134.0k 0.00% Added +168 +168
67 Quarry LP 0.04% of their portfolio NEW YORK, NY 11,35111.4k $133.3k $133.3k 0.04% New
68 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 11,33911.3k $134.6k $134.6k 0.00% Reduced -38.8k -38,836
69 PARK AVENUE SECURITIES LLC 0.00% of their portfolio NEW YORK, NY 10,57510.6k $124.0k $124.0k 0.00% Reduced -1.1k -1,128
70 Capital Investment Advisors, LLC 0.00% of their portfolio ATLANTA, GA 10,13410.1k $119.0k $119.0k 0.00% New
71 Gilliland Jeter Wealth Management LLC 0.02% of their portfolio LITTLE ROCK, AR 9,9169.9k $117.4k $117.4k 0.02% Added +4.9k +4,934
72 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 9,6819.7k $113.7k $113.7k 0.00% Reduced -715 -715
73 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 5,0875.1k $59.7k $59.7k 0.00% Added +109 +109
74 MeadowBrook Investment Advisors LLC 0.05% of their portfolio Livonia, MI 5,0555.1k $59.3k $59.3k 0.05% Added +252 +252
75 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 3,7953.8k $44.6k $44.6k 0.00% Added +2.7k +2,695
76 Zions Bancorporation, N.A. 0.00% of their portfolio SALT LAKE CITY, UT 2,0102.0k $23.6k $23.6k 0.00% Unchanged
77 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 1,9562.0k $23.0k $23.0k 0.00% Added +18 +18
78 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 1,4741.5k $17.3k $17.3k 0.00% Unchanged
79 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 1,3701.4k $16.1k $16.1k 0.00% Added +1.3k +1,271
80 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio CINCINNATI, OH 1,3001.3k $15.3k $15.3k 0.00% Unchanged
81 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 1,1241.1k $13.2k $13.2k 0.00% Added +400 +400
82 Fortis Group Advisors, LLC 0.00% of their portfolio WESTWOOD, NJ 909909 $10.7k $10.7k 0.00% Unchanged
83 ATTICUS WEALTH MANAGEMENT, LLC 0.00% of their portfolio Palm Beach Gardens, FL 837837 $9.8k $9.8k 0.00% Unchanged
84 McIlrath & Eck, LLC 0.00% of their portfolio ARLINGTON, WA 805805 $9.5k $9.5k 0.00% Unchanged
85 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 800800 $9.4k $9.4k 0.00% Unchanged
86 Gen-Wealth Partners Inc 0.00% of their portfolio ZEELAND, MI 495495 $5.5k $5.5k 0.00% Unchanged
87 CWM, LLC 0.00% of their portfolio OMAHA, NE 423423 $5.0k $5.0k 0.00% Added +383 +383
88 North Star Investment Management Corp. 0.00% of their portfolio CHICAGO, IL 420420 $4.9k $4.9k 0.00% Unchanged
89 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 400400 $4.7k $4.7k 0.00% Unchanged
90 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 262262 $3.1k $3.1k 0.00% Unchanged
91 Coppell Advisory Solutions LLC 0.00% of their portfolio COPPELL, TX 105105 $1.2k $1.2k 0.00% Unchanged
92 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged