CAMDEN ASSET MANAGEMENT L P /CA
Follow13F filer, CIK 903944, Los Angeles, CA
CAMDEN ASSET MANAGEMENT L P /CA reported $3,739,310,059 across 90 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-05-14. Its ten largest share positions make up 33.73% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001104659-25-048342
- Period
- 2025-03-31
- Reported value
- $3.74B
- Holdings
- 90
- Top 10 weight
- 33.73%
- New
- 10
- Sold out
- 9
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| KKR & CO INCnew | +385,000 | $18.8M |
| NEXTERA ENERGY INCadded | +345,000 | $14.1M |
| BANK OF AMER CORPadded | +7,860 | $9.72M |
| EL PASO ENERGY CAP TR Iadded | +22,225 | $1.08M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| NEEreduced | -1,173,000 | -$52.9M |
| WELLS FARGO & COreduced | -2,500 | -$3M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q1 2025
Share positions as resolved from 13F-HR 0001104659-25-048342, largest first. % of portfolio is the value over $3,739,310,059, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| BANK OF AMER CORPBANK OF AMER CORP | 76,010 | $94M | 2.51% | +7,860 | |||
| NEXTERA ENERGY INCNEXTERA ENERGY INC | 2,072,123 | $84.6M | 2.26% | +345,000 | |||
| EL PASO ENERGY CAP TR IEL PASO ENERGY CAP TR I | 1,139,479 | $55.5M | 1.48% | +22,225 | |||
| KKR & CO INCKKR & CO INC | 385,000 | $18.8M | 0.5% | new | |||
| EPR PPTYSEPR PPTYS | 546,740 | $12.7M | 0.34% | 0 | |||
| NEENEXTERA ENERGY INC | 258,755 | $11.7M | 0.31% | -1,173,000 | Timeline | ||
| EPR PPTYSEPR PPTYS | 177,343 | $5.34M | 0.14% | 0 | |||
| WELLS FARGO & COWELLS FARGO & CO | 2,314 | $2.78M | 0.07% | -2,500 |
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| NEXTERA ENERGY CAP HLDGS INCNEXTERA ENERGY CAP HLDGS INC NOTE 3.000% 3/0 | principal | 187,782,000 | $217M | new |
| FORD MOTOR COMPANYFORD MOTOR COMPANY NOTE 3/1 | principal | 183,468,000 | $180M | +32,774,000 |
| AIRBNB INC CLASS AAIRBNB INC CLASS A CLASS A | principal | 167,500,000 | $160M | +500,000 |
| EVERGY INCEVERGY INC NOTE 4.500%12/1 | principal | 123,065,000 | $145M | -32,000,000 |
| DUKE ENERGY CORP NEWDUKE ENERGY CORP NEW CONV BND | principal | 98,840,000 | $107M | -67,500,000 |
| VENTAS RLTY LTD PARTNERSHIPVENTAS RLTY LTD PARTNERSHIP NOTE 3.750% 6/0 | principal | 76,730,000 | $98.7M | 0 |
| PPL CAP FDG INCPPL CAP FDG INC NOTE 2.875% 3/1 | principal | 81,859,000 | $91.6M | +47,500,000 |
| SPOTIFY USA INCSPOTIFY USA INC NOTE 3/1 | principal | 70,680,000 | $84.3M | -39,112,000 |
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 12/1 | principal | 78,756,000 | $83.5M | +8,366,000 |
| Shopify IncShopify Inc Convertible bond | principal | 78,913,000 | $79.1M | -33,000,000 |
| IONIS PHARMACEUTICALS INCIONIS PHARMACEUTICALS INC NOTE 1.750% 6/1 | principal | 76,725,000 | $74.3M | +26,700,000 |
| EXPEDIA GROUP INCEXPEDIA GROUP INC NOTE 2/1 | principal | 74,891,000 | $73.8M | +13,500,000 |
| UPWORK INCUPWORK INC NOTE 0.250% 8/1 | principal | 73,023,000 | $68M | 0 |
| HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC NOTE 1.000% 8/1 | principal | 47,963,000 | $61.3M | -27,500,000 |
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 0.875%12/0 | principal | 49,749,000 | $60.5M | -25,469,000 |
| AMERICAN WTR CAP CORPAMERICAN WTR CAP CORP NOTE 3.625% 6/1 | principal | 58,225,000 | $59.4M | -56,590,000 |
| DEXCOM INCDEXCOM INC NOTE 0.375% 5/1 | principal | 65,175,000 | $58.1M | 0 |
| DAYFORCE INCDAYFORCE INC NOTE 0.250% 3/1 | principal | 58,827,000 | $56.2M | 0 |
| SEAGATE HDD CAYMANSEAGATE HDD CAYMAN NOTE 3.500% 6/0 | principal | 45,631,000 | $54.9M | -10,000,000 |
| WORLD KINECT CORPORATIONWORLD KINECT CORPORATION Convertible | principal | 46,350,000 | $53.5M | +5,050,000 |
| TETRA TECH INC NEWTETRA TECH INC NEW DBCV 2.250% 8/1 | principal | 50,001,000 | $51.5M | +5,750,000 |
| SNAP INCSNAP INC NOTE 5/0 | principal | 56,750,000 | $50.6M | -60,000,000 |
| PAGERDUTY INCPAGERDUTY INC NOTE 1.500%10/1 | principal | 50,129,000 | $49.7M | 0 |
| ETSY INCETSY INC NOTE 0.250% 6/1 | principal | 57,240,000 | $48.6M | 0 |
| RAPID7 INCRAPID7 INC NOTE 1.250% 3/1 | principal | 56,477,000 | $48.4M | +28,822,000 |
| DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC CNV | principal | 51,850,000 | $48.2M | 0 |
| FIRSTENERGY CORPFIRSTENERGY CORP NOTE 4.000% 5/0 | principal | 47,060,000 | $47.7M | -17,750,000 |
| BLOCK INCBLOCK INC NOTE 0.250%11/0 | principal | 50,970,000 | $44.9M | 0 |
| OKTA INCOKTA INC NOTE 0.375% 6/1 | principal | 46,296,000 | $44.2M | +60,000 |
| CONMED CORPCONMED CORP NOTE 2.250% 6/1 | principal | 46,950,000 | $44.1M | +37,250,000 |
| BLOCK INCBLOCK INC NOTE 5/0 | principal | 42,209,000 | $40M | 0 |
| ARBOR REALTY TRUST INCARBOR REALTY TRUST INC NOTE 7.500% 8/0 | principal | 39,585,000 | $39.4M | -13,860,000 |
| CHEFS WHSE INCCHEFS WHSE INC NOTE 2.375%12/1 | principal | 26,397,000 | $36.6M | 0 |
| SHAKE SHACK INCSHAKE SHACK INC NOTE 3/0 | principal | 39,603,000 | $36.5M | 0 |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN NOTE 3.125% 1/1 | principal | 25,975,000 | $36.1M | -1,500,000 |
| XEROX HOLDINGS CORPXEROX HOLDINGS CORP NOTE 3.750% 3/1 | principal | 63,000,000 | $35.6M | new |
| WAYFAIR INCWAYFAIR INC NOTE 3.250% 9/1 | principal | 36,375,000 | $35.6M | +5,000,000 |
| CMS ENERGY CORPCMS ENERGY CORP NOTE 3.375% 5/0 | principal | 32,091,000 | $35.5M | +24,468,000 |
| PROGRESS SOFTWARE CORPPROGRESS SOFTWARE CORP NOTE 3.500% 3/0 | principal | 33,102,000 | $34.8M | new |
| HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC NOTE 0.250% 3/0 | principal | 32,423,000 | $34.3M | 0 |
| ZIFF DAVIS INCZIFF DAVIS INC DEBT 3.625% 3/0 | principal | 36,824,000 | $34.2M | -29,000,000 |
| CINEMARK HLDGS INCCINEMARK HLDGS INC NOTE 4.500% 8/1 | principal | 19,313,000 | $33.7M | -15,000,000 |
| MARRIOTT VACATIONS WORLDWIDEMARRIOTT VACATIONS WORLDWIDE NOTE 3.250%12/1 | principal | 36,250,000 | $33.5M | -17,175,000 |
| ENVISTA HOLDINGS CORPORATIONENVISTA HOLDINGS CORPORATION NOTE 1.750% 8/1 | principal | 36,063,000 | $32.4M | +1,000,000 |
| PEBBLEBROOK HOTEL TRPEBBLEBROOK HOTEL TR NOTE 1.750%12/1 | principal | 33,585,000 | $31.4M | -10,278,000 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 0.500% 3/0 | principal | 35,018,000 | $30.2M | 0 |
| NUTANIX INCNUTANIX INC Convertible | principal | 22,120,000 | $29.4M | 0 |
| WESTERN DIGITAL CORPWESTERN DIGITAL CORP NOTE 3.000%11/1 | principal | 22,275,000 | $28.6M | -5,000,000 |
| HCI GROUP INCHCI GROUP INC NOTE 4.750% 6/0 | principal | 15,245,000 | $28.3M | 0 |
| JBT MAREL CORPORATIONJBT MAREL CORPORATION NOTE 0.250% 5/1 | principal | 27,904,000 | $27.8M | +2,250,000 |
| UNITY SOFTWARE INCUNITY SOFTWARE INC NOTE 11/1 | principal | 29,877,000 | $27.6M | -28,930,000 |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 1.500%12/1 | principal | 22,050,000 | $25.9M | 0 |
| INNOVIVA INCINNOVIVA INC NOTE 2.125% 3/1 | principal | 25,402,000 | $24.5M | +10,000,000 |
| AMPHASTAR PHARMACEUTICALS INAMPHASTAR PHARMACEUTICALS IN NOTE 2.000% 3/1 | principal | 27,500,000 | $24.4M | -3,825,000 |
| FLUOR CORPFLUOR CORP NOTE 1.125% 8/1 | principal | 22,850,000 | $24.3M | -5,000,000 |
| ALLIANT ENERGY CORPALLIANT ENERGY CORP NOTE 3.875% 3/1 | principal | 21,802,000 | $23.3M | -8,500,000 |
| WORKIVA INCWORKIVA INC NOTE 1.250% 8/1 | principal | 23,435,000 | $21.8M | -3,000,000 |
| LANTHEUS HLDGS INCLANTHEUS HLDGS INC Convertible | principal | 14,000,000 | $19.7M | 0 |
| FIVE9 INCFIVE9 INC CNV | principal | 22,200,000 | $18.9M | new |
| VISHAY INTERTECHNOLOGY INCVISHAY INTERTECHNOLOGY INC NOTE 2.250% 9/1 | principal | 20,955,000 | $18.5M | -4,500,000 |
| EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/0 | principal | 20,000,000 | $17.6M | new |
| ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0 | principal | 20,379,000 | $17.3M | 0 |
| ORMAT TECHNOLOGIES INCORMAT TECHNOLOGIES INC NOTE 2.500% 7/1 | principal | 15,410,000 | $15.8M | 0 |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1 | principal | 15,475,000 | $14.7M | 0 |
| WINNEBAGO INDS INCWINNEBAGO INDS INC NOTE 3.250% 1/1 | principal | 16,732,000 | $14.6M | new |
| IMMUNOCORE HLDGS PLCIMMUNOCORE HLDGS PLC NOTE 2.500% 2/0 | principal | 16,250,000 | $13.6M | new |
| TANDEM DIABETES CARE INCTANDEM DIABETES CARE INC NOTE 1.500% 3/1 | principal | 14,000,000 | $13.2M | new |
| BLOOM ENERGY CORPBLOOM ENERGY CORP Bond | principal | 9,825,000 | $12.8M | 0 |
| EVENTBRITE INCEVENTBRITE INC NOTE 0.750% 9/1 | principal | 13,345,000 | $12.2M | 0 |
| WOLFSPEED INCWOLFSPEED INC NOTE 1.875%12/0 | principal | 52,725,000 | $11.3M | +1,500,000 |
| TELADOC HEALTH INCTELADOC HEALTH INC NOTE 1.250% 6/0 | principal | 10,566,000 | $9.68M | 0 |
| SOUTHERN COSOUTHERN CO NOTE 3.875%12/1 | principal | 8,467,000 | $9.42M | -50,000,000 |
| ETSY INCETSY INC NOTE 0.125% 9/0 | principal | 8,000,000 | $7.02M | 0 |
| ADVANCED ENERGY INDSADVANCED ENERGY INDS NOTE 2.500% 9/1 | principal | 6,150,000 | $6.29M | 0 |
| AMERICAN AIRLINES GROUP INCAMERICAN AIRLINES GROUP INC NOTE 6.500% 7/0 | principal | 6,034,000 | $6.03M | -17,500,000 |
| PAR TECHNOLOGY CORPPAR TECHNOLOGY CORP NOTE 1.500%10/1 | principal | 5,493,000 | $5.86M | -3,000,000 |
| CABLE ONE INCCABLE ONE INC NOTE | principal | 5,746,000 | $4.56M | 0 |
| ALARM COM HLDGS INCALARM COM HLDGS INC NOTE 1/1 | principal | 4,623,000 | $4.42M | -4,777,000 |
| DROPBOX INCDROPBOX INC NOTE 3/0 | principal | 4,375,000 | $4.3M | 0 |
| GLOBAL PMTS INCGLOBAL PMTS INC NOTE 1.500% 3/0 | principal | 4,075,000 | $3.84M | new |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 0.375% 9/0 | principal | 3,525,000 | $3.43M | 0 |
| CORZWCORE SCIENTIFIC INC NEW *W EXP 01/23/202 | principal | 533,028 | $0 | -122,523 |
Sold out in Q1 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| LCI INDSLCI INDS | 26,675,000 | $26.1M | principal |
| INNOVIVA INCINNOVIVA INC | 17,190,000 | $18.9M | principal |
| WAYFAIR INCWAYFAIR INC | 10,000,000 | $12.4M | principal |
| WINNEBAGO INDS INCWINNEBAGO INDS INC | 12,090,000 | $11.7M | principal |
| BURLINGTON STORES INCBURLINGTON STORES INC | 2,925,000 | $3.81M | principal |
| MIDDLEBY CORPMIDDLEBY CORP | 3,175,000 | $3.55M | principal |
| PAR TECHNOLOGY CORPPAR TECHNOLOGY CORP | 1,920,000 | $3.3M | principal |
| IONIS PHARMACEUTICALS INIONIS PHARMACEUTICALS IN | 1,900,000 | $1.83M | principal |
| SOUTHWEST AIRLS COSOUTHWEST AIRLS CO | 1,775,000 | $1.82M | principal |
How Q1 2025 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001104659-25-048342 | base | 2025-05-14 | acceptance time not in the bulk data set |