Wellesley Asset Management
Follow13F filer, CIK 1533551, PORTSMOUTH, NH
Wellesley Asset Management reported $1,049,192,933 across 64 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-05. Its ten largest share positions make up 38.65% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001533551-25-000004
- Period
- 2025-06-30
- Reported value
- $1.05B
- Holdings
- 64
- Top 10 weight
- 38.65%
- New
- 11
- Sold out
- 8
Holdings, Q2 2025
Share positions as resolved from 13F-HR 0001533551-25-000004, largest first. % of portfolio is the value over $1,049,192,933, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|
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 |
|---|---|---|---|---|
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 0.375% 9/0 | principal | 54,556,000 | $52.9M | +1,600,000 |
| BIOMARIN PHARMACEUTICAL INCBIOMARIN PHARMACEUTICAL INC NOTE 1.250% 5/1 | principal | 50,624,000 | $47.7M | -1,460,000 |
| VISHAY INTERTECHNOLOGY INCVISHAY INTERTECHNOLOGY INC NOTE 2.250% 9/1 | principal | 47,710,000 | $43.1M | -1,313,000 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 0.500% 3/0 | principal | 43,835,000 | $40.7M | -1,745,000 |
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 12/1 | principal | 33,524,000 | $39.9M | -1,414,000 |
| AMPHASTAR PHARMACEUTICALS INAMPHASTAR PHARMACEUTICALS IN NOTE 2.000% 3/1 | principal | 45,321,000 | $39.5M | +2,253,000 |
| MERITAGE HOMES CORPMERITAGE HOMES CORP NOTE 1.750% 5/1 | principal | 36,976,000 | $36.6M | new |
| GREENBRIER COS INCGREENBRIER COS INC NOTE 2.875% 4/1 | principal | 33,417,000 | $35.9M | +2,384,000 |
| PG&E CORPPG&E CORP NOTE 4.250%12/0 | principal | 35,342,000 | $35.2M | +16,468,000 |
| SPOTIFY USA INCSPOTIFY USA INC NOTE 3/1 | principal | 23,633,000 | $33.9M | -5,893,000 |
| LIVANOVA PLCLIVANOVA PLC NOTE 2.500% 3/1 | principal | 31,399,000 | $32M | +10,876,000 |
| LCI INDSLCI INDS NOTE 1.125% 5/1 | principal | 30,591,000 | $29.7M | -1,623,000 |
| LYFT INCLYFT INC Convertible | principal | 25,404,000 | $27.6M | -1,839,000 |
| PARSONS CORP DELPARSONS CORP DEL NOTE 2.625% 3/0 | principal | 25,664,000 | $27.5M | +4,050,000 |
| HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC NOTE 0.250% 3/0 | principal | 25,991,000 | $26M | -4,908,000 |
| GLOBAL PMTS INCGLOBAL PMTS INC NOTE 1.500% 3/0 | principal | 27,991,000 | $25.3M | +5,915,000 |
| ITRON INCITRON INC NOTE 3/1 | principal | 21,507,000 | $24.4M | -526,000 |
| FORD MOTOR COMPANYFORD MOTOR COMPANY NOTE 3/1 | principal | 23,216,000 | $23.2M | -24,659,000 |
| WINNEBAGO INDS INCWINNEBAGO INDS INC NOTE 3.250% 1/1 | principal | 26,522,000 | $23M | -7,864,000 |
| AMERICAN WTR CAP CORPAMERICAN WTR CAP CORP NOTE 3.625% 6/1 | principal | 22,699,000 | $22.9M | -2,395,000 |
| JBT MAREL CORPORATIONJBT MAREL CORPORATION NOTE 0.250% 5/1 | principal | 21,519,000 | $21.5M | -8,442,000 |
| DEXCOM INCDEXCOM INC NOTE 0.375% 5/1 | principal | 22,691,000 | $21.2M | +5,962,000 |
| SPECTRUM BRANDS INCSPECTRUM BRANDS INC Convertible Bond | principal | 23,100,000 | $21M | new |
| CAPITAL SOUTHWEST CORPCAPITAL SOUTHWEST CORP Convertible Bond | principal | 19,728,000 | $19.5M | -576,000 |
| FIVE9 INCFIVE9 INC CNV | principal | 20,584,000 | $18.1M | -7,559,000 |
| DRAFTKINGS INC NEWDRAFTKINGS INC NEW CNV | principal | 20,000,000 | $17.9M | new |
| HAEMONETICS CORP MASSHAEMONETICS CORP MASS NOTE 2.500% 6/0 | principal | 17,464,000 | $17.5M | new |
| PPL CAP FDG INCPPL CAP FDG INC NOTE 2.875% 3/1 | principal | 15,789,000 | $17.1M | +1,058,000 |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD NOTE 2.000% 6/1 | principal | 16,280,000 | $16.6M | -1,050,000 |
| NICE LTDNICE LTD NOTE 9/1 | principal | 16,218,000 | $16M | -18,999,000 |
| WORLD KINECT CORPORATIONWORLD KINECT CORPORATION Convertible | principal | 13,397,000 | $15.8M | +1,627,000 |
| IMAX CORPIMAX CORP NOTE 0.500% 4/0 | principal | 14,022,000 | $15.6M | -984,000 |
| ALLIANT ENERGY CORPALLIANT ENERGY CORP NOTE 3.875% 3/1 | principal | 14,495,000 | $15M | -2,188,000 |
| FLUOR CORPFLUOR CORP NOTE 1.125% 8/1 | principal | 11,143,000 | $14.5M | +3,463,000 |
| EXPEDIA GROUP INCEXPEDIA GROUP INC NOTE 2/1 | principal | 12,410,000 | $12.2M | -6,416,000 |
| ORMAT TECHNOLOGIES INCORMAT TECHNOLOGIES INC NOTE 2.500% 7/1 | principal | 9,915,000 | $10.9M | +3,487,000 |
| PACIRA BIOSCIENCES INCPACIRA BIOSCIENCES INC NOTE 0.750% 8/0 | principal | 10,561,000 | $10.5M | -268,000 |
| CENTERPOINT ENERGY INCCENTERPOINT ENERGY INC NOTE 4.250% 8/1 | principal | 7,709,000 | $8.36M | +1,974,000 |
| ADVANCED ENERGY INDSADVANCED ENERGY INDS NOTE 2.500% 9/1 | principal | 6,419,000 | $7.74M | +2,853,000 |
| AIRBNB INC CLASS AAIRBNB INC CLASS A CLASS A | principal | 6,274,000 | $6.06M | -13,926,000 |
| TXN USTXN US 46694 | principal | 5,800,000 | $5.66M | new |
| CSG SYS INTL INCCSG SYS INTL INC NOTE 3.875% 9/1 | principal | 4,939,000 | $5.61M | +2,990,000 |
| ITRON INCITRON INC NOTE 1.375% 7/1 | principal | 4,250,000 | $5.1M | new |
| REPLIGEN CORPREPLIGEN CORP NOTE 1.000%12/1 | principal | 4,497,000 | $4.5M | +3,150,000 |
| ASCENDIS PHARMA A/SASCENDIS PHARMA A/S Convertible bond | principal | 3,525,000 | $4.41M | +2,000,000 |
| TETRA TECH INC NEWTETRA TECH INC NEW DBCV 2.250% 8/1 | principal | 3,496,000 | $3.95M | +3,143,000 |
| LIBERTY MEDIA CORP DELLIBERTY MEDIA CORP DEL NOTE 2.250% 8/1 | principal | 3,000,000 | $3.94M | +2,000,000 |
| COLLEGIUM PHARMACEUTICAL INCCOLLEGIUM PHARMACEUTICAL INC NOTE 2.875% 2/1 | principal | 3,500,000 | $3.81M | +2,000,000 |
| PROGRESS SOFTWARE CORPPROGRESS SOFTWARE CORP NOTE 3.500% 3/0 | principal | 3,500,000 | $3.8M | +2,500,000 |
| BENTLEY SYS INCBENTLEY SYS INC NOTE 0.375% 7/0 | principal | 4,000,000 | $3.78M | new |
| HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC NOTE 1.000% 8/1 | principal | 3,250,000 | $3.75M | +2,250,000 |
| DUKE ENERGY CORP NEWDUKE ENERGY CORP NEW CONV BND | principal | 3,500,000 | $3.72M | +2,000,000 |
| DROPBOX INCDROPBOX INC NOTE 3/0 | principal | 3,500,000 | $3.53M | +2,000,000 |
| WEC ENERGY GROUP INCWEC ENERGY GROUP INC NOTE 4.375% 6/0 | principal | 3,000,000 | $3.39M | new |
| BLOOM ENERGY CORPBLOOM ENERGY CORP Bond | principal | 2,322,000 | $3.29M | -180,000 |
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 0.875%12/0 | principal | 2,000,000 | $2.83M | +1,000,000 |
| IMMUNOCORE HLDGS PLCIMMUNOCORE HLDGS PLC NOTE 2.500% 2/0 | principal | 3,200,000 | $2.78M | +2,000,000 |
| CMS ENERGY CORPCMS ENERGY CORP NOTE 3.375% 5/0 | principal | 2,557,000 | $2.74M | +901,000 |
| DEXCOM INCDEXCOM INC NOTE 0.250%11/1 | principal | 2,015,000 | $1.98M | -104,000 |
| MGP INGREDIENTS INC NEWMGP INGREDIENTS INC NEW NOTE 1.875%11/1 | principal | 2,002,000 | $1.9M | -2,096,000 |
| GRANITE CONSTR INCGRANITE CONSTR INC NOTE 3.250% 6/1 | principal | 983,000 | $1.33M | new |
| ALARM COM HLDGS INCALARM COM HLDGS INC NOTE 2.250% 6/0 | principal | 1,250,000 | $1.22M | new |
| BLACKLINE INCBLACKLINE INC NOTE 1.000% 6/0 | principal | 1,000,000 | $1.07M | new |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1 | principal | 947,000 | $899K | +345,000 |
Sold out in Q2 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| SAREPTA THERAPEUTICS INCSAREPTA THERAPEUTICS INC | 38,390,000 | $35.7M | principal |
| SOUTHWEST AIRLS COSOUTHWEST AIRLS CO | 13,714,000 | $13.7M | principal |
| AIR TRANS SVCS GROUP INCAIR TRANS SVCS GROUP INC | 11,678,000 | $11.6M | principal |
| TRANSMEDICS GROUP INCTRANSMEDICS GROUP INC | 5,146,000 | $5.6M | principal |
| SIRIUSXM HOLDINGS INCSIRIUSXM HOLDINGS INC | 1,151,000 | $1.19M | principal |
| DAYFORCE INCDAYFORCE INC | 1,225,000 | $1.17M | principal |
| IRONWOOD PHARMACEUTICALS INCIRONWOOD PHARMACEUTICALS INC | 775,000 | $688K | principal |
| SOLAREDGE TECHNOLOGIES INCSOLAREDGE TECHNOLOGIES INC | 200,000 | $193K | principal |
How Q2 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 0001533551-25-000004 | base | 2025-08-05 | acceptance time not in the bulk data set |