Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ADVENT CONV & INCOME FD (AVK)

107 + Investors. Track Smart Money conviction in AVK. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +9
Streak
4Q ▲
Buyers last Q
56%

Smart Money Signals — AVK

Based on 107 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added AVK than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
107 hedge funds hold AVK right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +24% more funds vs a year ago

fund count last 6Q
+21 new funds entered over the past year (+24% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 56% buying

50 buying39 selling
Last quarter: 50 funds bought or added vs 39 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~17 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 8 → 12 → 12 → 17. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 21% medium ■ 18% new
66 out of 107 hedge funds have held AVK for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -5%, value -89%

Value
-88%
Shares
-5%
Last quarter: funds added -5% more shares while total portfolio value only changed -89%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

13 → 8 → 12 → 12 → 17 new funds/Q
New funds entering each quarter: 8 → 12 → 12 → 17. A growing number of institutions are discovering AVK each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 62% of holders stayed 2+ years

■ 62% veterans ■ 14% 1-2yr ■ 24% new
Of 107 current holders: 66 (62%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 26% AUM from major funds

26% from top-100 AUM funds
14 of 107 holders rank in the top 100 by AUM, accounting for 26% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — AVK

In 2026 Q1, 50 hedge funds were net buyers of AVK (17 opened a new position, 33 added to an existing one), while 39 reduced or exited (31 trimmed, 8 sold completely) — a 56% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 26% of total institutional value in AVK is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +9 funds (more new holders than closures). Total institutional holders: 107.

Hedge Fund Ownership: AVK

How many hedge funds hold AVK — quarterly history vs. share price
Quarterly hedge fund ownership of AVK vs. share price

Market Analysis: AVK

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AVK

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy ADVENT CONV & INCOME FD (AVK) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much AVK has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 54d ago
AVK
+49.5%
XLF
+5.2%

AVK outperformed XLF by +44.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 9d ago
AVK
-1.5%
XLF
+1.6%

Since the filing became public, AVK outperformed XLF by -3.1% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.3
/ 10
conviction
Hedge Fund Positioning: AVK
107 + Investors

Track Smart Money conviction in AVK. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 107 98 9.18%
13F Shares 12M 13M -5.04%
Total Value $103M $912M -88.66%
New Positions 17 12 +5
Increased Positions 33 32 +1
Closed Positions 8 7 +1
Reduced Positions 31 27 +4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: AVK

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

107 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in AVK. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of AVK — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 FCA CORP /TX 0.75% 239,080 $2.7M
2 SIT INVESTMENT ASSOCIATES INC 0.48% 2,133,776 $24K
3 PMG Family Office LLC 0.41% 33,149 $370K
4 Koshinski Asset Management, Inc. 0.33% 472,817 $5.3M
5 Arete Wealth Advisors, LLC 0.26% 317,688 $3.6M
6 Stolper Co 0.20% 63,026 —
7 Sage Capital Management, LLC 0.19% 36,200 $404K
8 Formidable Asset Management, LLC 0.15% 75,204 $943K
9 Shaker Financial Services, LLC 0.14% 36,430 $407K
10 Advisors Asset Management, Inc. 0.13% 690,549 $7.7M
11 Cyndeo Wealth Partners, LLC 0.09% 153,126 $1.7M
12 ABSOLUTE INVESTMENT ADVISERS, LLC 0.09% 68,391 $763K
13 MELFA WEALTH MANAGEMENT, INC. 0.09% 13,802 $154K
14 NWF Advisory Services Inc. 0.09% 69,087 $771K
15 Penserra Capital Management LLC 0.09% 658,215 $7K
16 Twelve Points Wealth Management LLC 0.09% 34,784 $388K
17 Quarry LP 0.08% 42,334 $472K
18 Centurion Wealth Management LLC 0.08% 32,790 $366K
19 Ballew Advisors, Inc 0.07% 10,375 $126K
20 GUGGENHEIM CAPITAL LLC 0.06% 743,063 $8.3M
21 Windsor Capital Management, LLC 0.06% 18,768 $209K
22 READYSTATE ASSET MANAGEMENT LP 0.05% 106,373 $1.2M
23 MeadowBrook Investment Advisors LLC 0.05% 4,705 $53K
24 Heron Bay Capital Management 0.04% 42,823 $478K
25 Tactive Advisors, LLC 0.04% 14,000 $156K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — ADVENT CONV & INCOME FD (AVK)

What does the Smart Money Trend signal show for AVK?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added AVK than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for AVK?

Slight buying edge — 56% buying: Last quarter: 50 funds bought or added vs 39 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for AVK holders?

Strong quality — 26% AUM from major funds: 14 of 107 holders rank in the top 100 by AUM, accounting for 26% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held AVK?

62% of holders stayed for 2+ years: 66 out of 107 hedge funds have held AVK for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy ADVENT CONV & INCOME FD (AVK) following the 2026 Q1 hedge fund 13F filings?

As of today, AVK has moved -1.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.6% for the XLF sector ETF — an outperformance of -3.1%. Since the quarter end (March 31, 2026), AVK has gained +49.5% vs +5.2% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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