Q3 2025 · 13F-HR
CAMDEN ASSET MANAGEMENT L P /CAholdings as filed
Filed 2025-11-13 · accession 0001104659-25-110899
$4.53B
Reported value
84
Positions
2025-09-30
Period end
The Brief · CAMDEN ASSET MANAGEMENT L P /CA · Q3 2025
AI · grounded in 13F
CAMDEN ASSET MANAGEMENT L P /CA established a new position in NEXTERA ENERGY CAPITAL CV 3PERCENT 030127 REG [[stock:NEE 3 03/01/27]] valued at $259.3M. The fund also initiated positions in FORD MOTOR COMPANY CV 0PERCENT 031526 REG [[stock:F 0 03/15/26]] for $228.3M and EVERGY INC CV 4.5PERCENT 121527 REG [[stock:EVRG 4.5 12/15/27]] for $209.5M. Other new additions include AIRBNB INC CV 0PERCENT 031526 REG [[stock:ABNB 0 03/15/26]] and WEC ENERGY GROUP IN CV 4.375PERCENT 060127 REG [[stock:WEC 4.375 06/01/27]]. Total assets under management stand at $4.5B across 84 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 65339KCY4 | NEE 3 03/01/27 | NEXTERA ENERGY CAPITAL CV 3PERCENT 030127 REG | $259.3M | 5.72% | 219,537,000 | Common | NONE |
| 345370CZ1 | F 0 03/15/26 | FORD MOTOR COMPANY CV 0PERCENT 031526 REG | $228.3M | 5.04% | 225,295,000 | Common | NONE |
| 30034WAD8 | EVRG 4.5 12/15/27 | EVERGY INC CV 4.5PERCENT 121527 REG | $209.5M | 4.62% | 166,696,000 | Common | NONE |
| 009066AB7 | ABNB 0 03/15/26 | AIRBNB INC CV 0PERCENT 031526 REG | $182.2M | 4.02% | 186,400,000 | Common | NONE |
| 92939UAP1 | WEC 4.375 06/01/27 | WEC ENERGY GROUP IN CV 4.375PERCENT 060127 REG | $171.0M | 3.77% | 142,750,000 | Common | NONE |
| 060505682 | BAC 7.25 PERP L | BANK OF AMERICA CORP 7.25PERCENT CV PFD L | $164.0M | 3.62% | 128,071 | Common | NONE |
| 90353TAM2 | UBER 0.875 12/01/28 2028 | UBER TECHNOLOGIES I CV 0.875PERCENT 120128 REG | $150.8M | 3.33% | 102,609,000 | Common | NONE |
| 958102AT2 | WDC 3 11/15/28 | WESTERN DIGITAL CORP CV 3PERCENT 111528 REG | $118.0M | 2.60% | 36,775,000 | Common | NONE |
| 26441CBY0 | DUK 4.125 04/15/26 | DUKE ENERGY CORP CV 4.125PERCENT 041526 REG | $115.0M | 2.54% | 107,131,000 | Common | NONE |
| 92277GAZ0 | VTR 3.75 06/01/26 | VENTAS REALTY LP CV 3.75PERCENT 060126 REG | $108.4M | 2.39% | 83,955,000 | Common | NONE |
| 30212PBE4 | EXPE 0 02/15/26 | EXPEDIA GROUP INC CV 0PERCENT 021526 REG | $93.6M | 2.06% | 92,966,000 | Common | NONE |
| 09239BAF6 | BL 1 06/01/29 | BLACKLINE INC CV 1PERCENT 060129 REG | $92.2M | 2.03% | 88,891,000 | Common | NONE |
| 679295AF2 | OKTA 0.375 06/15/26 | OKTA INC CV 0.375PERCENT 061526 REG | $86.7M | 1.91% | 89,330,000 | Common | NONE |
| 82509LAA5 | SHOPCN 0.125 11/01/25 | SHOPIFY INC CV 0.125PERCENT 110125 REG | $85.7M | 1.89% | 81,563,000 | Common | NONE |
| 84921RAB6 | SPOT 0 03/15/26 | SPOTIFY USA INC CV 0PERCENT 031526 REG | $80.2M | 1.77% | 58,680,000 | Common | NONE |
| 15677JAD0 | DAY 0.25 03/15/26 | DAYFORCE INC CV 0.25PERCENT 031526 REG | $77.0M | 1.70% | 78,727,000 | Common | NONE |
| 69352PAS2 | PPL 2.875 03/15/28 | PPL CAPITAL FUNDING CV 2.875PERCENT 031528 REG | $73.4M | 1.62% | 64,280,000 | Common | NONE |
| 91688FAB0 | UPWK 0.25 08/15/26 | UPWORK INC CV 0.25PERCENT 081526 REG | $71.6M | 1.58% | 74,023,000 | Common | NONE |
| 98149GAB6 | WKC 3.25 07/01/28 | WORLD KINECT CORP CV 3.25PERCENT 070128 REG | $70.2M | 1.55% | 63,850,000 | Common | NONE |
| 03040WBE4 | AWK 3.625 06/15/26 | AMERICAN WATER CAPI CV 3.625PERCENT 061526 REG | $67.7M | 1.49% | 67,625,000 | Common | NONE |
| 252131AM9 | DXCM 0.375 05/15/28 | DEXCOM INC CV 0.375PERCENT 051528 REG | $67.0M | 1.48% | 73,550,000 | Common | NONE |
| 462222AF7 | IONS 1.75 06/15/28 | IONIS PHARMACEUTICAL CV 1.75PERCENT 061528 REG | $66.5M | 1.47% | 48,106,000 | Common | NONE |
| 833445AD1 | SNOW 0 10/01/29 | SNOWFLAKE INC CV 0PERCENT 100129 REG | $64.5M | 1.42% | 41,176,000 | Common | NONE |
| 405024AD2 | HAE 2.5 06/01/29 | HAEMONETICS CORP CV 2.5PERCENT 060129 REG | $63.9M | 1.41% | 69,261,000 | Common | NONE |
| 29786AAN6 | ETSY 0.25 06/15/28 | ETSY INC CV 0.25PERCENT 061528 REG | $61.5M | 1.36% | 69,715,000 | Common | NONE |
| 207410AH4 | CNMD 2.25 06/15/27 | CONMED CORP CV 2.25PERCENT 061527 REG | $59.5M | 1.31% | 62,550,000 | Common | NONE |
| 283678209 | KMI 4.75 03/31/28 | EL PASO ENERGY CA CV 4.75PERCENT 033128PFD REG | $59.0M | 1.30% | 1,192,027 | Common | NONE |
| 25402DAB8 | DOCN 0 12/01/26 | DIGITALOCEAN HOLDINGS CV 0PERCENT 120126 REG | $56.7M | 1.25% | 60,251,000 | Common | NONE |
| 682189AU9 | ON 0.5 03/01/29 | ON SEMICONDUCTOR CORP CV 0.5PERCENT 030129 REG | $56.6M | 1.25% | 61,371,000 | Common | NONE |
| 00182CAC7 | ANIP 2.25 09/01/29 | ANI PHARMACEUTICALS CV 2.25PERCENT 090129 REG | $53.3M | 1.18% | 38,017,000 | Common | NONE |
| 477839AB0 | JBTM 0.25 05/15/26 | JBT MAREL CORP CV 0.25PERCENT 051526 REG | $52.7M | 1.16% | 52,365,000 | Common | NONE |
| 87918AAF2 | TDOC 1.25 06/01/27 | TELADOC HEALTH INC CV 1.25PERCENT 060127 REG | $51.0M | 1.12% | 54,566,000 | Common | NONE |
| 88162GAB9 | TTEK 2.25 08/15/28 | TETRA TECH INC CV 2.25PERCENT 081528 REG | $50.2M | 1.11% | 46,501,000 | Common | NONE |
| 40637HAF6 | HALO 1 08/15/28 | HALOZYME THERAPEUTICS I CV 1PERCENT 081528 REG | $49.5M | 1.09% | 35,208,000 | Common | NONE |
| 55306NAB0 | MKSI 1.25 06/01/30 | MKS INC CV 1.25PERCENT 060130 REG | $44.4M | 0.98% | 40,576,000 | Common | NONE |
| 852234AK9 | XYZ 0.25 11/01/27 | BLOCK INC CV 0.25PERCENT 110127 REG | $44.1M | 0.97% | 48,470,000 | Common | NONE |
| 852234AJ2 | XYZ 0 05/01/26 | BLOCK INC CV 0PERCENT 050126 REG | $43.1M | 0.95% | 44,359,000 | Common | NONE |
| 91332UAB7 | U 0 11/15/26 | UNITY SOFTWARE INC CV 0PERCENT 111526 REG | $42.7M | 0.94% | 44,877,000 | Common | NONE |
| 163086AE1 | CHEF 2.375 12/15/28 | CHEFS WAREHOUSE INC CV 2.375PERCENT 121528 REG | $42.4M | 0.94% | 29,397,000 | Common | NONE |
| 30063PAC9 | EXAS 0.375 03/01/28 | EXACT SCIENCES CORP CV 0.375PERCENT 030128 REG | $41.1M | 0.91% | 44,500,000 | Common | NONE |
| 538034BA6 | LYV 3.125 01/15/29 | LIVE NATION ENTERTA CV 3.125PERCENT 011529 REG | $40.3M | 0.89% | 24,975,000 | Common | NONE |
| 516544AB9 | LNTH 2.625 12/15/27 | LANTHEUS HOLDINGS I CV 2.625PERCENT 121527 REG | $39.9M | 0.88% | 38,000,000 | Common | NONE |
| 29415FAD6 | NVST 1.75 08/15/28 | ENVISTA HOLDINGS COR CV 1.75PERCENT 081528 REG | $39.8M | 0.88% | 42,216,000 | Common | NONE |
| 723484AK7 | PNW 4.75 06/15/27 | PINNACLE WEST CAPITA CV 4.75PERCENT 061527 REG | $38.0M | 0.84% | 35,413,000 | Common | NONE |
| 753422AH7 | RPD 1.25 03/15/29 | RAPID7 INC CV 1.25PERCENT 031529 REG | $37.2M | 0.82% | 42,090,000 | Common | NONE |
| 45781MAD3 | INVA 2.125 03/15/28 | INNOVIVA INC CV 2.125PERCENT 031528 REG | $36.9M | 0.81% | 38,052,000 | Common | NONE |
| 465741AQ9 | ITRI 1.375 07/15/30 | ITRON INC CV 1.375PERCENT 071530 REG | $36.7M | 0.81% | 32,000,000 | Common | NONE |
| 45258DAB1 | IMCR 2.5 02/01/30 | IMMUNOCORE HOLDINGS P CV 2.5PERCENT 020130 REG | $35.6M | 0.79% | 39,500,000 | Common | NONE |
| 48123VAH5 | ZD 3.625 03/01/28 | ZIFF DAVIS INC CV 3.625PERCENT 030128 144A | $35.4M | 0.78% | 36,701,000 | Common | NONE |
| 949746804 | WFC 7.5 PERP L | WELLS FARGO CO 7.5PERCENT CV PFD L | $35.0M | 0.77% | 28,305 | Common | NONE |
| 595017BG8 | MCHP 0.75 06/01/30 | MICROCHIP TECHNOLOGY CV 0.75PERCENT 060130 REG | $34.4M | 0.76% | 35,500,000 | Common | NONE |
| 10806XAD4 | BBIO 2.25 02/01/29 | BRIDGEBIO PHARMA INC CV 2.25PERCENT 020129 REG | $33.5M | 0.74% | 34,000,000 | Common | NONE |
| 03209RAB9 | AMPH 2 03/15/29 | AMPHASTAR PHARMACEUTICA CV 2PERCENT 031529 REG | $33.2M | 0.73% | 36,680,000 | Common | NONE |
| 98421MAE6 | XRX 3.75 03/15/30 | XEROX HOLDINGS CORP CV 3.75PERCENT 031530 REG | $30.8M | 0.68% | 65,650,000 | Common | NONE |
| 343412AJ1 | FLR 1.125 08/15/29 | FLUOR CORP CV 1.125PERCENT 081529 REG | $26.5M | 0.58% | 22,350,000 | Common | NONE |
| 55087PAD6 | LYFT 0.625 03/01/29 | LYFT INC CV 0.625PERCENT 030129 REG | $25.8M | 0.57% | 20,000,000 | Common | NONE |
| 819047AB7 | SHAK 0 03/01/28 | SHAKE SHACK INC CV 0PERCENT 030128 REG | $24.3M | 0.54% | 25,716,000 | Common | NONE |
| 57164YAF4 | VAC 3.25 12/15/27 | MARRIOTT VACATIONS W CV 3.25PERCENT 121527 REG | $23.8M | 0.53% | 25,000,000 | Common | NONE |
| 10316TAD6 | BOX 1.5 09/15/29 | BOX INC CV 1.5PERCENT 091529 REG | $23.6M | 0.52% | 23,500,000 | Common | NONE |
| 974637AF7 | WGO 3.25 01/15/30 | WINNEBAGO INDUSTRIES CV 3.25PERCENT 011530 REG | $21.9M | 0.48% | 24,548,000 | Common | NONE |
| 98139AAD7 | WK 1.25 08/15/28 | WORKIVA INC CV 1.25PERCENT 081528 REG | $21.1M | 0.47% | 21,435,000 | Common | NONE |
| 472145AH4 | JAZZ 3.125 09/15/30 | JAZZ INVESTMENTS I CV 3.125PERCENT 091530 REG | $20.8M | 0.46% | 17,500,000 | Common | NONE |
| 928298AR9 | VSH 2.25 09/15/30 | VISHAY INTERTECHNOLO CV 2.25PERCENT 091530 REG | $20.5M | 0.45% | 22,605,000 | Common | NONE |
| 011642AD7 | ALRM 2.25 06/01/29 | ALARM.COM HOLDINGS I CV 2.25PERCENT 060129 REG | $19.6M | 0.43% | 20,471,000 | Common | NONE |
| 00971TAN1 | AKAM 1.125 02/15/29 | AKAMAI TECHNOLOGIES CV 1.125PERCENT 021529 REG | $19.2M | 0.42% | 20,500,000 | Common | NONE |
| 338307AF8 | FIVN 1 03/15/29 | FIVE9 INC CV 1PERCENT 031529 REG | $19.0M | 0.42% | 21,550,000 | Common | NONE |
| 69553PAD2 | PD 1.5 10/15/28 * | PAGERDUTY INC CV 1.5PERCENT 101528 REG | $18.7M | 0.41% | 19,129,000 | Common | NONE |
| 29355AAK3 | ENPH 0 03/01/28 | ENPHASE ENERGY INC CV 0PERCENT 030128 REG | $18.4M | 0.41% | 21,279,000 | Common | NONE |
| 70509VAA8 | PEB 1.75 12/15/26 | PEBBLEBROOK HOTEL TR CV 1.75PERCENT 121526 REG | $18.4M | 0.40% | 19,085,000 | Common | NONE |
| 69366JAD3 | PTCT 1.5 09/15/26 | PTC THERAPEUTICS INC CV 1.5PERCENT 091526 REG | $16.0M | 0.35% | 12,500,000 | Common | NONE |
| 30050BAJ0 | EVH 4.5 08/15/31 | EVOLENT HEALTH INC CV 4.5PERCENT 081531 144A | $15.5M | 0.34% | 15,500,000 | Common | NONE |
| 007973AE0 | AEIS 2.5 09/15/28 | ADVANCED ENERGY INDUS CV 2.5PERCENT 091528 REG | $15.2M | 0.34% | 11,000,000 | Common | NONE |
| 26884U208 | EPR 5.75 PERP C | ENTERTAINMENT PROPERTIES 5.75PERCENT CV PFD C | $14.7M | 0.32% | 576,431 | Common | NONE |
| 00164VAJ2 | AMCX 4.25 02/15/29 * | AMC NETWORKS INC CV 4.25PERCENT 021529 REG | $13.0M | 0.29% | 13,600,000 | Common | NONE |
| 875372AD6 | TNDM 1.5 03/15/29 2024 | TANDEM DIABETES CARE CV 1.5PERCENT 031529 REG | $12.2M | 0.27% | 14,000,000 | Common | NONE |
| 97785W106 | WOLF | WOLFSPEED INC COM | $9.5M | 0.21% | 330,479 | Common | NONE |
| 30050BAH4 | EVH 3.5 12/01/29 | EVOLENT HEALTH INC CV 3.5PERCENT 120129 REG | $8.0M | 0.18% | 10,000,000 | Common | NONE |
| 501812AB7 | LCII 1.125 05/15/26 | LCI INDUSTRIES CV 1.125PERCENT 051526 REG | $7.2M | 0.16% | 7,500,000 | Common | NONE |
| 26884U307 | EPR 9 PERP E | ENTERTAINMENT PROPERTIES 9PERCENT CV PFD E | $6.3M | 0.14% | 197,382 | Common | NONE |
| 011642AB1 | ALRM 0 01/15/26 | ALARM.COM HLDGS INC CV 0PERCENT 011526 REG | $4.5M | 0.10% | 4,623,000 | Common | NONE |
| 94419LAP6 | W 3.25 09/15/27 | WAYFAIR INC CV 3.25PERCENT 091527 REG | $4.4M | 0.10% | 2,875,000 | Common | NONE |
| 125896BX7 | CMS 3.375 05/01/28 | CMS ENERGY CORP CV 3.375PERCENT 050128 REG | $3.8M | 0.08% | 3,459,000 | Common | NONE |
| 48251W500 | KKR 6.25 03/01/28 D | KKR & CO INC CV 6.25PERCENT 030128PFD D REG | $1.0M | 0.02% | 20,000 | Common | NONE |
| 21874A114 | CORZW | Core Scientific Inc WAR 6.81 012327 | $0 | — | 739,504 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.