CAMDEN ASSET MANAGEMENT L P /CA
Follow13F filer, CIK 903944, Los Angeles, CA
CAMDEN ASSET MANAGEMENT L P /CA reported $4,534,238,594 across 84 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-13. Its ten largest share positions make up 37.64% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001104659-25-110899
- Period
- 2025-09-30
- Reported value
- $4.53B
- Holdings
- 84
- Top 10 weight
- 37.64%
- New
- 10
- Sold out
- 23
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| BANK OF AMER CORPadded | +8,583 | $11M |
| WOLFnew | +330,479 | $9.45M |
| EL PASO ENERGY CAP TR Iadded | +58,683 | $2.9M |
| EPR PPTYSadded | +29,691 | $757K |
| EPR PPTYSadded | +20,039 | $640K |
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 |
|---|---|---|
| NEXTERA ENERGY INCexited | -1,572,123 | -$62.5M |
| NEEexited | -150,000 | -$7.08M |
| WELLS FARGO & COreduced | -2,951 | -$3.65M |
| NEEexited | -43,755 | -$1.93M |
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, Q3 2025
Share positions as resolved from 13F-HR 0001104659-25-110899, largest first. % of portfolio is the value over $4,534,238,594, 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 | 128,071 | $164M | 3.62% | +8,583 | |||
| EL PASO ENERGY CAP TR IEL PASO ENERGY CAP TR I | 1,192,027 | $59M | 1.3% | +58,683 | |||
| WELLS FARGO & COWELLS FARGO & CO | 28,305 | $35M | 0.77% | -2,951 | |||
| EPR PPTYSEPR PPTYS | 576,431 | $14.7M | 0.32% | +29,691 | |||
| WOLFWOLFSPEED INC | 330,479 | $9.45M | 0.21% | new | Timeline | ||
| EPR PPTYSEPR PPTYS | 197,382 | $6.3M | 0.14% | +20,039 | |||
| KKR & CO INCKKR & CO INC | 20,000 | $1.04M | 0.02% | 0 |
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 | 219,537,000 | $259M | +36,225,000 |
| FORD MOTOR COMPANYFORD MOTOR COMPANY NOTE 3/1 | principal | 225,295,000 | $228M | +6,071,000 |
| EVERGY INCEVERGY INC NOTE 4.500%12/1 | principal | 166,696,000 | $209M | +23,800,000 |
| AIRBNB INC CLASS AAIRBNB INC CLASS A CLASS A | principal | 186,400,000 | $182M | +15,000,000 |
| WEC ENERGY GROUP INCWEC ENERGY GROUP INC NOTE 4.375% 6/0 | principal | 142,750,000 | $171M | +73,500,000 |
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 0.875%12/0 | principal | 102,609,000 | $151M | +55,772,000 |
| WESTERN DIGITAL CORPWESTERN DIGITAL CORP NOTE 3.000%11/1 | principal | 36,775,000 | $118M | +14,500,000 |
| DUKE ENERGY CORP NEWDUKE ENERGY CORP NEW CONV BND | principal | 107,131,000 | $115M | +43,162,000 |
| VENTAS RLTY LTD PARTNERSHIPVENTAS RLTY LTD PARTNERSHIP NOTE 3.750% 6/0 | principal | 83,955,000 | $108M | +7,225,000 |
| EXPEDIA GROUP INCEXPEDIA GROUP INC NOTE 2/1 | principal | 92,966,000 | $93.6M | +1,020,000 |
| BLACKLINE INCBLACKLINE INC NOTE 1.000% 6/0 | principal | 88,891,000 | $92.2M | +3,771,000 |
| OKTA INCOKTA INC NOTE 0.375% 6/1 | principal | 89,330,000 | $86.7M | +43,034,000 |
| Shopify IncShopify Inc Convertible bond | principal | 81,563,000 | $85.7M | +1,000,000 |
| SPOTIFY USA INCSPOTIFY USA INC NOTE 3/1 | principal | 58,680,000 | $80.2M | +6,500,000 |
| DAYFORCE INCDAYFORCE INC NOTE 0.250% 3/1 | principal | 78,727,000 | $77M | +6,500,000 |
| PPL CAP FDG INCPPL CAP FDG INC NOTE 2.875% 3/1 | principal | 64,280,000 | $73.4M | -9,740,000 |
| UPWORK INCUPWORK INC NOTE 0.250% 8/1 | principal | 74,023,000 | $71.6M | +1,000,000 |
| WORLD KINECT CORPORATIONWORLD KINECT CORPORATION Convertible | principal | 63,850,000 | $70.2M | +9,500,000 |
| AMERICAN WTR CAP CORPAMERICAN WTR CAP CORP NOTE 3.625% 6/1 | principal | 67,625,000 | $67.7M | +15,845,000 |
| DEXCOM INCDEXCOM INC NOTE 0.375% 5/1 | principal | 73,550,000 | $67M | +6,320,000 |
| IONIS PHARMACEUTICALS INCIONIS PHARMACEUTICALS INC NOTE 1.750% 6/1 | principal | 48,106,000 | $66.5M | -26,555,000 |
| SNOWFLAKE INCSNOWFLAKE INC NOTE 10/0 | principal | 41,176,000 | $64.5M | new |
| HAEMONETICS CORP MASSHAEMONETICS CORP MASS NOTE 2.500% 6/0 | principal | 69,261,000 | $63.9M | +12,550,000 |
| ETSY INCETSY INC NOTE 0.250% 6/1 | principal | 69,715,000 | $61.5M | +5,000,000 |
| CONMED CORPCONMED CORP NOTE 2.250% 6/1 | principal | 62,550,000 | $59.5M | +17,050,000 |
| DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC CNV | principal | 60,251,000 | $56.7M | +6,401,000 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 0.500% 3/0 | principal | 61,371,000 | $56.6M | +15,530,000 |
| ANI PHARMACEUTICALS INCANI PHARMACEUTICALS INC NOTE 2.250% 9/0 | principal | 38,017,000 | $53.3M | new |
| JBT MAREL CORPORATIONJBT MAREL CORPORATION NOTE 0.250% 5/1 | principal | 52,365,000 | $52.7M | +24,406,000 |
| TELADOC HEALTH INCTELADOC HEALTH INC NOTE 1.250% 6/0 | principal | 54,566,000 | $51M | +25,500,000 |
| TETRA TECH INC NEWTETRA TECH INC NEW DBCV 2.250% 8/1 | principal | 46,501,000 | $50.2M | -1,050,000 |
| HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC NOTE 1.000% 8/1 | principal | 35,208,000 | $49.5M | -32,755,000 |
| MKS INC.MKS INC. NOTE 1.250% 6/0 | principal | 40,576,000 | $44.4M | -5,950,000 |
| BLOCK INCBLOCK INC NOTE 0.250%11/0 | principal | 48,470,000 | $44.1M | -2,500,000 |
| BLOCK INCBLOCK INC NOTE 5/0 | principal | 44,359,000 | $43.1M | -275,000 |
| UNITY SOFTWARE INCUNITY SOFTWARE INC NOTE 11/1 | principal | 44,877,000 | $42.7M | 0 |
| CHEFS WHSE INCCHEFS WHSE INC NOTE 2.375%12/1 | principal | 29,397,000 | $42.4M | +3,000,000 |
| EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/0 | principal | 44,500,000 | $41.1M | +12,000,000 |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN NOTE 3.125% 1/1 | principal | 24,975,000 | $40.3M | -1,000,000 |
| LANTHEUS HLDGS INCLANTHEUS HLDGS INC Convertible | principal | 38,000,000 | $39.9M | +24,000,000 |
| ENVISTA HOLDINGS CORPORATIONENVISTA HOLDINGS CORPORATION NOTE 1.750% 8/1 | principal | 42,216,000 | $39.8M | +8,093,000 |
| PINNACLE WEST CAP CORPPINNACLE WEST CAP CORP CNV | principal | 35,413,000 | $38M | -3,315,000 |
| RAPID7 INCRAPID7 INC NOTE 1.250% 3/1 | principal | 42,090,000 | $37.2M | +1,000,000 |
| INNOVIVA INCINNOVIVA INC NOTE 2.125% 3/1 | principal | 38,052,000 | $36.9M | +11,950,000 |
| ITRON INCITRON INC NOTE 1.375% 7/1 | principal | 32,000,000 | $36.7M | +5,950,000 |
| IMMUNOCORE HLDGS PLCIMMUNOCORE HLDGS PLC NOTE 2.500% 2/0 | principal | 39,500,000 | $35.6M | +17,000,000 |
| ZIFF DAVIS INCZIFF DAVIS INC DEBT 3.625% 3/0 | principal | 36,701,000 | $35.4M | +4,000,000 |
| MICROCHIP TECHNOLOGY INC.MICROCHIP TECHNOLOGY INC. NOTE 0.750% 6/0 | principal | 35,500,000 | $34.4M | +5,250,000 |
| BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC Convertible | principal | 34,000,000 | $33.5M | new |
| AMPHASTAR PHARMACEUTICALS INAMPHASTAR PHARMACEUTICALS IN NOTE 2.000% 3/1 | principal | 36,680,000 | $33.2M | +9,180,000 |
| XEROX HOLDINGS CORPXEROX HOLDINGS CORP NOTE 3.750% 3/1 | principal | 65,650,000 | $30.8M | +2,000,000 |
| FLUOR CORPFLUOR CORP NOTE 1.125% 8/1 | principal | 22,350,000 | $26.5M | +2,500,000 |
| LYFT INCLYFT INC Convertible | principal | 20,000,000 | $25.8M | new |
| SHAKE SHACK INCSHAKE SHACK INC NOTE 3/0 | principal | 25,716,000 | $24.3M | -10,575,000 |
| MARRIOTT VACATIONS WORLDWIDEMARRIOTT VACATIONS WORLDWIDE NOTE 3.250%12/1 | principal | 25,000,000 | $23.8M | -1,250,000 |
| BOX INCBOX INC NOTE 1.500% 9/1 | principal | 23,500,000 | $23.6M | new |
| WINNEBAGO INDS INCWINNEBAGO INDS INC NOTE 3.250% 1/1 | principal | 24,548,000 | $21.9M | +5,000,000 |
| WORKIVA INCWORKIVA INC NOTE 1.250% 8/1 | principal | 21,435,000 | $21.1M | -3,000,000 |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD Convertible | principal | 17,500,000 | $20.8M | new |
| VISHAY INTERTECHNOLOGY INCVISHAY INTERTECHNOLOGY INC NOTE 2.250% 9/1 | principal | 22,605,000 | $20.5M | -1,900,000 |
| ALARM COM HLDGS INCALARM COM HLDGS INC NOTE 2.250% 6/0 | principal | 20,471,000 | $19.6M | +2,471,000 |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1 | principal | 20,500,000 | $19.2M | +1,525,000 |
| FIVE9 INCFIVE9 INC CNV | principal | 21,550,000 | $19M | -1,695,000 |
| PAGERDUTY INCPAGERDUTY INC NOTE 1.500%10/1 | principal | 19,129,000 | $18.7M | -32,000,000 |
| ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0 | principal | 21,279,000 | $18.4M | -1,000,000 |
| PEBBLEBROOK HOTEL TRPEBBLEBROOK HOTEL TR NOTE 1.750%12/1 | principal | 19,085,000 | $18.4M | -15,500,000 |
| PTC THERAPEUTICS INCPTC THERAPEUTICS INC NOTE 1.500% 9/1 | principal | 12,500,000 | $16M | -2,500,000 |
| EVOLENT HEALTH INCEVOLENT HEALTH INC DEBT 4.500% 8/1 | principal | 15,500,000 | $15.5M | new |
| ADVANCED ENERGY INDSADVANCED ENERGY INDS NOTE 2.500% 9/1 | principal | 11,000,000 | $15.2M | +3,805,000 |
| AMC GLOBAL MEDIA INCAMC GLOBAL MEDIA INC NOTE 4.250% 2/1 | principal | 13,600,000 | $13M | 0 |
| TANDEM DIABETES CARE INCTANDEM DIABETES CARE INC NOTE 1.500% 3/1 | principal | 14,000,000 | $12.2M | 0 |
| EVOLENT HEALTH INCEVOLENT HEALTH INC NOTE 3.500%12/0 | principal | 10,000,000 | $8.01M | new |
| LCI INDSLCI INDS NOTE 1.125% 5/1 | principal | 7,500,000 | $7.17M | new |
| ALARM COM HLDGS INCALARM COM HLDGS INC NOTE 1/1 | principal | 4,623,000 | $4.55M | 0 |
| WAYFAIR INCWAYFAIR INC NOTE 3.250% 9/1 | principal | 2,875,000 | $4.38M | -17,500,000 |
| CMS ENERGY CORPCMS ENERGY CORP NOTE 3.375% 5/0 | principal | 3,459,000 | $3.79M | -7,382,000 |
| CORZWCORE SCIENTIFIC INC NEW *W EXP 01/23/202 | principal | 739,504 | $0 | +16,509 |
Sold out in Q3 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC | 69,311,000 | $83M | principal |
| SEAGATE HDD CAYMANSEAGATE HDD CAYMAN | 42,431,000 | $76.3M | principal |
| WEC ENERGY GROUP INCWEC ENERGY GROUP INC | 59,565,000 | $68.6M | principal |
| NEXTERA ENERGY INCNEXTERA ENERGY INC | 1,572,123 | $62.5M | shares |
| SNAP INCSNAP INC | 61,750,000 | $55.9M | principal |
| CINEMARK HLDGS INCCINEMARK HLDGS INC | 19,313,000 | $40.9M | principal |
| PROGRESS SOFTWARE CORPPROGRESS SOFTWARE CORP | 33,102,000 | $38.3M | principal |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC | 23,050,000 | $35.3M | principal |
| ARBOR REALTY TRUST INCARBOR REALTY TRUST INC | 32,585,000 | $32.3M | principal |
| SOUTHERN COSOUTHERN CO | 16,040,000 | $17.6M | principal |
| NUTANIX INCNUTANIX INC | 12,120,000 | $17.1M | principal |
| BLOOM ENERGY CORPBLOOM ENERGY CORP | 10,825,000 | $16M | principal |
| WOLFSPEED INCWOLFSPEED INC | 52,725,000 | $13M | principal |
| HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC | 12,423,000 | $12.3M | principal |
| EVENTBRITE INCEVENTBRITE INC | 13,645,000 | $12.1M | principal |
| CABLE ONE INCCABLE ONE INC | 9,342,000 | $7.12M | principal |
| NEENEXTERA ENERGY INC | 150,000 | $7.08M | shares |
| DROPBOX INCDROPBOX INC | 4,430,000 | $4.49M | principal |
| ALLIANT ENERGY CORPALLIANT ENERGY CORP | 3,750,000 | $3.85M | principal |
| GLOBAL PMTS INCGLOBAL PMTS INC | 4,130,000 | $3.69M | principal |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC | 3,570,000 | $3.46M | principal |
| NEENEXTERA ENERGY INC | 43,755 | $1.93M | shares |
| SOUTHERN COSOUTHERN CO | 905,000 | $1M | principal |
How Q3 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 0001104659-25-110899 | base | 2025-11-13 | acceptance time not in the bulk data set |