Institutional
CAMDEN ASSET MANAGEMENT L P /CA
CIK 0000903944
$2.94B
Reported AUM
69
Positions
Q1 2026
Period
2026-05-14
Filed
The Brief · CAMDEN ASSET MANAGEMENT L P /CA · Q1 2026
AI · grounded in 13F
CAMDEN ASSET MANAGEMENT L P /CA closed its position in F for a reduction of $238.6M. The fund also exited positions in ABNB and DUK, reducing exposure by $187.7M and $159M respectively. To offset these sells, the fund established new positions in PPL for $90.8M and NEE for $75.5M.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Ticker | Issuer | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|
| 1 | NEE 3 03/01/27 | NEXTERA ENERGY CAPITAL CV 3PERCENT 030127 REG | $201.8M | 6.86% | -28,218,000 | -16.2% |
| 2 | WEC 4.375 06/01/27 | WEC ENERGY GROUP IN CV 4.375PERCENT 060127 REG | $175.5M | 5.97% | +8,409,000 | +6.1% |
| 3 | VTR 3.75 06/01/26 | VENTAS REALTY LP CV 3.75PERCENT 060126 REG | $131.5M | 4.47% | +3,300,000 | +3.9% |
| 4 | OKTA 0.375 06/15/26 | OKTA INC CV 0.375PERCENT 061526 REG | $118.3M | 4.02% | +17,984,000 | +17.7% |
| 5 | UBER 0.875 12/01/28 2028 | UBER TECHNOLOGIES I CV 0.875PERCENT 120128 REG | $116.8M | 3.97% | +30,000,000 | +44.7% |
| 6 | PPL 7 02/15/29 | PPL CORPORATION CV 7PERCENT 021529 PFD REG | $90.8M | 3.09% | +1,780,000 | NEW |
| 7 | AWK 3.625 06/15/26 | AMERICAN WATER CAPI CV 3.625PERCENT 061526 REG | $88.8M | 3.02% | +7,811,000 | +9.6% |
| 8 | ON 0.5 03/01/29 | ON SEMICONDUCTOR CORP CV 0.5PERCENT 030129 REG | $88.3M | 3.00% | +8,500,000 | +10.4% |
| 9 | BAC 7.25 PERP L | BANK OF AMERICA CORP 7.25PERCENT CV PFD L | $85.6M | 2.91% | -65,867 | -47.8% |
| 10 | EVRG 4.5 12/15/27 | EVERGY INC CV 4.5PERCENT 121527 REG | $77.7M | 2.64% | -57,082,000 | -49.8% |
| 11 | UPWK 0.25 08/15/26 | UPWORK INC CV 0.25PERCENT 081526 REG | $77.2M | 2.63% | +5,000,000 | +6.8% |
| 12 | NEE 7.375 02/15/29 | NEXTERA ENERGY CV 7.375PERCENT 021529 PFD REG | $75.5M | 2.57% | +1,505,000 | NEW |
| 13 | DXCM 0.375 05/15/28 | DEXCOM INC CV 0.375PERCENT 051528 REG | $69.1M | 2.35% | +1,500,000 | +2.0% |
| 14 | CNMD 2.25 06/15/27 | CONMED CORP CV 2.25PERCENT 061527 REG | $67.1M | 2.28% | +6,750,000 | +10.8% |
| 15 | WKC 3.25 07/01/28 | WORLD KINECT CORP CV 3.25PERCENT 070128 REG | $66.9M | 2.28% | — | HELD |
| 16 | ETSY 0.25 06/15/28 | ETSY INC CV 0.25PERCENT 061528 REG | $63.1M | 2.15% | +3,500,000 | +5.2% |
| 17 | KMI 4.75 03/31/28 | EL PASO ENERGY CA CV 4.75PERCENT 033128PFD REG | $60.8M | 2.07% | +2,103 | +0.2% |
| 18 | TDOC 1.25 06/01/27 | TELADOC HEALTH INC CV 1.25PERCENT 060127 REG | $59.8M | 2.03% | +7,000,000 | +12.6% |
| 19 | CAKE 2 03/15/30 | CHEESECAKE FACTORY (THE CV 2PERCENT 031530 REG | $59.7M | 2.03% | +58,700,000 | NEW |
| 20 | DOCN 0 12/01/26 | DIGITALOCEAN HOLDINGS CV 0PERCENT 120126 REG | $58.7M | 1.99% | — | HELD |
| 21 | NTNX 0.5 12/15/29 | NUTANIX INC CV 0.5PERCENT 121529 REG | $57.6M | 1.96% | +2,000,000 | +3.2% |
| 22 | SNOW 0 10/01/29 | SNOWFLAKE INC CV 0PERCENT 100129 REG | $52.2M | 1.78% | +1,500,000 | +3.6% |
| 23 | ANIP 2.25 09/01/29 | ANI PHARMACEUTICALS CV 2.25PERCENT 090129 REG | $50.2M | 1.71% | -2,500,000 | -5.8% |
| 24 | ARWR 0 01/15/32 | ARROWHEAD RESEARCH CORP CV 0PERCENT 011532 REG | $47.1M | 1.60% | +45,500,000 | NEW |
| 25 | LNTH 2.625 12/15/27 | LANTHEUS HOLDINGS I CV 2.625PERCENT 121527 REG | $45.5M | 1.55% | +9,500,000 | +33.4% |
| 26 | INVA 2.125 03/15/28 | INNOVIVA INC CV 2.125PERCENT 031528 REG | $44.3M | 1.51% | +8,000,000 | +24.2% |
| 27 | XYZ 0 05/01/26 | BLOCK INC CV 0PERCENT 050126 REG | $44.2M | 1.50% | — | HELD |
| 28 | HAE 2.5 06/01/29 | HAEMONETICS CORP CV 2.5PERCENT 060129 REG | $44.1M | 1.50% | +46,300,000 | NEW |
| 29 | U 0 11/15/26 | UNITY SOFTWARE INC CV 0PERCENT 111526 REG | $43.5M | 1.48% | — | HELD |
| 30 | LYV 3.125 01/15/29 | LIVE NATION ENTERTA CV 3.125PERCENT 011529 REG | $42.5M | 1.44% | +3,000,000 | +12.0% |
| 31 | IMCR 2.5 02/01/30 | IMMUNOCORE HOLDINGS P CV 2.5PERCENT 020130 REG | $38.3M | 1.30% | +6,493,000 | +17.9% |
| 32 | AMPH 2 03/15/29 | AMPHASTAR PHARMACEUTICA CV 2PERCENT 031529 REG | $37.8M | 1.28% | +5,147,000 | +14.0% |
| 33 | ORCL 6.5 01/15/29 D | ORACLE CORP CV 6.5PERCENT 011529 PFD DREG | $37.2M | 1.27% | +810,000 | NEW |
| 34 | TTEK 2.25 08/15/28 | TETRA TECH INC CV 2.25PERCENT 081528 REG | $36.5M | 1.24% | -11,600,000 | -24.9% |
| 35 | JBTM 0.25 05/15/26 | JBT MAREL CORP CV 0.25PERCENT 051526 REG | $32.7M | 1.11% | -17,000,000 | -34.1% |
| 36 | CHEF 2.375 12/15/28 | CHEFS WAREHOUSE INC CV 2.375PERCENT 121528 REG | $28.6M | 0.97% | -10,000,000 | -34.0% |
| 37 | SO 7.125 12/15/28 A | SOUTHERN CO CV 7.125PERCENT 121528 PFD A REG | $28.3M | 0.96% | -1,126,700 | -67.3% |
| 38 | SO 4.5 06/15/27 | SOUTHERN CO/THE CV 4.5PERCENT 061527 REG | $25.8M | 0.88% | +23,270,000 | NEW |
| 39 | BOX 1.5 09/15/29 | BOX INC CV 1.5PERCENT 091529 REG | $22.9M | 0.78% | +1,500,000 | +6.4% |
| 40 | NVST 1.75 08/15/28 | ENVISTA HOLDINGS COR CV 1.75PERCENT 081528 REG | $22.9M | 0.78% | -25,900,000 | -52.9% |
| 41 | FLR 1.125 08/15/29 | FLUOR CORP CV 1.125PERCENT 081529 REG | $21.4M | 0.73% | -5,000,000 | -22.4% |
| 42 | VSH 2.25 09/15/30 | VISHAY INTERTECHNOLO CV 2.25PERCENT 091530 REG | $21.2M | 0.72% | -2,000,000 | -8.3% |
| 43 | JAZZ 3.125 09/15/30 | JAZZ INVESTMENTS I CV 3.125PERCENT 091530 REG | $20.5M | 0.70% | -7,000,000 | -32.6% |
| 44 | PNW 4.75 06/15/27 | PINNACLE WEST CAPITA CV 4.75PERCENT 061527 REG | $19.4M | 0.66% | -1,250,000 | -6.9% |
| 45 | ITGR 1.875 03/15/30 | INTEGER HOLDINGS CO CV 1.875PERCENT 031530 REG | $19.2M | 0.65% | +20,125,000 | NEW |
| 46 | ENPH 0 03/01/28 | ENPHASE ENERGY INC CV 0PERCENT 030128 REG | $18.9M | 0.64% | — | HELD |
| 47 | ALRM 2.25 06/01/29 | ALARM.COM HOLDINGS I CV 2.25PERCENT 060129 REG | $18.8M | 0.64% | — | HELD |
| 48 | PEB 1.75 12/15/26 | PEBBLEBROOK HOTEL TR CV 1.75PERCENT 121526 REG | $18.6M | 0.63% | — | HELD |
| 49 | WGO 3.25 01/15/30 | WINNEBAGO INDUSTRIES CV 3.25PERCENT 011530 REG | $17.6M | 0.60% | +5,000,000 | +34.4% |
| 50 | ZD 3.625 03/01/28 | ZIFF DAVIS INC CV 3.625PERCENT 030128 144A | $15.4M | 0.52% | -4,000,000 | -20.3% |
| 51 | BBIO 2.5 03/15/27 | BRIDGEBIO PHARMA INC CV 2.5PERCENT 031527 REG | $12.9M | 0.44% | +7,170,000 | NEW |
| 52 | XRX 3.75 03/15/30 | XEROX HOLDINGS CORP CV 3.75PERCENT 031530 REG | $12.1M | 0.41% | -20,000,000 | -29.6% |
| 53 | AMCX 4.25 02/15/29 * | AMC NETWORKS INC CV 4.25PERCENT 021529 REG | $12.1M | 0.41% | — | HELD |
| 54 | EPR 5.75 PERP C | ENTERTAINMENT PROPERTIES 5.75PERCENT CV PFD C | $11.9M | 0.41% | +500 | +0.1% |
| 55 | LIVN 2.5 03/15/29 | LIVANOVA PLC CV 2.5PERCENT 031529 REG | $11.6M | 0.40% | +10,000,000 | NEW |
| 56 | EVH 3.5 12/01/29 | EVOLENT HEALTH INC CV 3.5PERCENT 120129 REG | $10.0M | 0.34% | +2,629,000 | +16.0% |
| 57 | ITRI 1.375 07/15/30 | ITRON INC CV 1.375PERCENT 071530 REG | $9.2M | 0.31% | — | HELD |
| 58 | BA | BOEING CO/THE COM | $8.0M | 0.27% | +40,300 | NEW |
| 59 | VAC 3.25 12/15/27 | MARRIOTT VACATIONS W CV 3.25PERCENT 121527 REG | $7.7M | 0.26% | — | HELD |
| 60 | LCII 1.125 05/15/26 | LCI INDUSTRIES CV 1.125PERCENT 051526 REG | $7.5M | 0.25% | — | HELD |
| 61 | MCHP 0.75 06/01/30 | MICROCHIP TECHNOLOGY CV 0.75PERCENT 060130 REG | $7.4M | 0.25% | -25,500,000 | -77.3% |
| 62 | EVH 4.5 08/15/31 | EVOLENT HEALTH INC CV 4.5PERCENT 081531 144A | $6.9M | 0.24% | +4,472,000 | +47.1% |
| 63 | EPR 9 PERP E | ENTERTAINMENT PROPERTIES 9PERCENT CV PFD E | $6.0M | 0.20% | — | HELD |
| 64 | RPD 1.25 03/15/29 | RAPID7 INC CV 1.25PERCENT 031529 REG | $5.9M | 0.20% | -11,000,000 | -60.8% |
| 65 | WEC 4.375 06/01/29 | WEC ENERGY GROUP IN CV 4.375PERCENT 060129 REG | $3.7M | 0.13% | +3,000,000 | NEW |
| 66 | WFC 7.5 PERP L | WELLS FARGO CO 7.5PERCENT CV PFD L | $1.2M | 0.04% | -35,955 | -97.1% |
| 67 | PPL 2.875 03/15/28 | PPL CAPITAL FUNDING CV 2.875PERCENT 031528 REG | $1.2M | 0.04% | -5,230,000 | -83.9% |
| 68 | CORZW | Core Scientific Inc WAR 6.81 012327 | — | — | +9,451 | +1.2% |
| 69 | XRXDW | XEROX HOLDINGS CORP WAR 8 021428 | — | — | +118 | NEW |
| 70 | F 0 03/15/26 | FORD MOTOR COMPANY CV 0PERCENT 031526 REG | — | — | -229,795,000 | EXITED |
| 71 | ABNB 0 03/15/26 | AIRBNB INC CV 0PERCENT 031526 REG | — | — | -189,700,000 | EXITED |
| 72 | DUK 4.125 04/15/26 | DUKE ENERGY CORP CV 4.125PERCENT 041526 REG | — | — | -154,379,000 | EXITED |
| 73 | EXPE 0 02/15/26 | EXPEDIA GROUP INC CV 0PERCENT 021526 REG | — | — | -87,966,000 | EXITED |
| 74 | BL 1 06/01/29 | BLACKLINE INC CV 1PERCENT 060129 REG | — | — | -87,391,000 | EXITED |
| 75 | DAY 0.25 03/15/26 | DAYFORCE INC CV 0.25PERCENT 031526 REG | — | — | -78,727,000 | EXITED |
| 76 | IONS 1.75 06/15/28 | IONIS PHARMACEUTICAL CV 1.75PERCENT 061528 REG | — | — | -48,066,000 | EXITED |
| 77 | SPOT 0 03/15/26 | SPOTIFY USA INC CV 0PERCENT 031526 REG | — | — | -58,680,000 | EXITED |
| 78 | EXAS 0.375 03/01/28 | EXACT SCIENCES CORP CV 0.375PERCENT 030128 REG | — | — | -51,385,000 | EXITED |
| 79 | MKSI 1.25 06/01/30 | MKS INC CV 1.25PERCENT 060130 REG | — | — | -33,076,000 | EXITED |
| 80 | XYZ 0.25 11/01/27 | BLOCK INC CV 0.25PERCENT 110127 REG | — | — | -38,470,000 | EXITED |
| 81 | WK 1.25 08/15/28 | WORKIVA INC CV 1.25PERCENT 081528 REG | — | — | -21,435,000 | EXITED |
| 82 | LYFT 0.625 03/01/29 | LYFT INC CV 0.625PERCENT 030129 REG | — | — | -13,800,000 | EXITED |
| 83 | FIVN 1 03/15/29 | FIVE9 INC CV 1PERCENT 031529 REG | — | — | -16,550,000 | EXITED |
| 84 | OSIS 2.25 08/01/29 | OSI SYSTEMS INC CV 2.25PERCENT 080129 REG | — | — | -10,000,000 | EXITED |
| 85 | ALRM 0 01/15/26 | ALARM.COM HLDGS INC CV 0PERCENT 011526 REG | — | — | -4,623,000 | EXITED |
| 86 | KKR 6.25 03/01/28 D | KKR & CO INC CV 6.25PERCENT 030128PFD D REG | — | — | -20,000 | EXITED |
Source: SEC EDGAR · accession 0001104659-26-060912. 13F discloses long positions only — shorts, foreign equities, and options are excluded.