13F HOLDINGS REPORT
CAMDEN ASSET MANAGEMENT L P /CA
Quarter ended Q2 2025 · Filed August 13, 2025 · Accession 0001104659-25-077118
Total Value
$4.27B
Positions
97
Other Managers
0
Confidential Omitted
No
Holdings (97)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | FORD MTR CO NOTE 3/1 | 345370CZ1 | 219,224,000 | $216.6M | 5.07% |
| 2 | NEXTERA ENERGY CAP HLDGS INC NOTE 3.000PERCENT 3/0 | NEE-PW | 183,312,000 | $208.4M | 4.88% |
| 3 | EVERGY INC NOTE 4.500PERCENT12/1 | EVRG | 142,896,000 | $167.1M | 3.91% |
| 4 | AIRBNB INC NOTE 3/1 | ABNB | 171,400,000 | $165.2M | 3.87% |
| 5 | BANK AMERICA CORP 7.25PERCENTCNV PFD L | 060505682 | 119,488 | $145.0M | 3.40% |
| 6 | VENTAS RLTY LTD PARTNERSHIP NOTE 3.750PERCENT 6/0 | VTR | 76,730,000 | $91.7M | 2.15% |
| 7 | BLACKLINE INC NOTE 1.000PERCENT 6/0 ADDED | BL | 85,120,000 | $90.4M | 2.12% |
| 8 | EXPEDIA GROUP INC NOTE 2/1 | EXPE | 91,946,000 | $89.4M | 2.09% |
| 9 | UBER TECHNOLOGIES INC NOTE 12/1 | UBER | 69,311,000 | $83.0M | 1.94% |
| 10 | SHOPIFY INC NOTE 0.125PERCENT11/0 | SHOP | 80,563,000 | $81.5M | 1.91% |
| 11 | PPL CAP FDG INC NOTE 2.875PERCENT 3/1 | PPLC | 74,020,000 | $79.9M | 1.87% |
| 12 | SPOTIFY USA INC NOTE 3/1 | 84921RAB6 | 52,180,000 | $79.0M | 1.85% |
| 13 | IONIS PHARMACEUTICALS INC NOTE 1.750PERCENT 6/1 | IONS | 74,661,000 | $78.3M | 1.83% |
| 14 | WEC ENERGY GROUP INC NOTE 4.375PERCENT 6/0 ADDED | WEC | 69,250,000 | $78.0M | 1.83% |
| 15 | HALOZYME THERAPEUTICS INC NOTE 1.000PERCENT 8/1 | HALO | 67,963,000 | $77.4M | 1.81% |
| 16 | SEAGATE HDD CAYMAN NOTE 3.500PERCENT 6/0 | SE | 42,431,000 | $76.3M | 1.79% |
| 17 | DAYFORCE INC NOTE 0.250PERCENT 3/1 | 15677JAD0 | 72,227,000 | $69.5M | 1.63% |
| 18 | UPWORK INC NOTE 0.250PERCENT 8/1 | UPWK | 73,023,000 | $68.7M | 1.61% |
| 19 | WEC ENERGY GROUP INC NOTE 4.375PERCENT 6/0 ADDED | WEC | 59,565,000 | $68.6M | 1.61% |
| 20 | DUKE ENERGY CORP NEW NOTE 4.125PERCENT 4/1 | DUKB | 63,969,000 | $67.7M | 1.58% |
| 21 | UBER TECHNOLOGIES INC NOTE 0.875PERCENT12/0 | UBER | 46,837,000 | $66.8M | 1.56% |
| 22 | WORLD KINECT CORPORATION NOTE 3.250PERCENT 7/0 | WKC | 54,350,000 | $63.2M | 1.48% |
| 23 | DEXCOM INC NOTE 0.375PERCENT 5/1 | DXCM | 67,230,000 | $63.1M | 1.48% |
| 24 | NEXTERA ENERGY INC UNIT 09/01/2025 | NEE-PW | 1,572,123 | $62.5M | 1.46% |
| 25 | HAEMONETICS CORP MASS NOTE 2.500PERCENT 6/0 ADDED | HAE | 56,711,000 | $56.3M | 1.32% |
| 26 | SNAP INC NOTE 5/0 | SNAP | 61,750,000 | $55.9M | 1.31% |
| 27 | EL PASO ENERGY CAP TR I PFD CV TR SEC 28 | 283678209 | 1,133,344 | $55.5M | 1.30% |
| 28 | ETSY INC NOTE 0.250PERCENT 6/1 | ETSY | 64,715,000 | $55.5M | 1.30% |
| 29 | TETRA TECH INC NEW DBCV 2.250PERCENT 8/1 | TTEK | 47,551,000 | $53.5M | 1.25% |
| 30 | AMERICAN WTR CAP CORP NOTE 3.625PERCENT 6/1 | 03040WBE4 | 51,780,000 | $52.0M | 1.22% |
| 31 | DIGITALOCEAN HLDGS INC NOTE 12/0 | DOCN | 53,850,000 | $50.2M | 1.18% |
| 32 | PAGERDUTY INC NOTE 1.500PERCENT10/1 | PD | 51,129,000 | $48.7M | 1.14% |
| 33 | MKS INC. NOTE 1.250PERCENT 6/0 ADDED | MKSI | 46,526,000 | $45.9M | 1.07% |
| 34 | BLOCK INC NOTE 0.250PERCENT11/0 | BSQKZ | 50,970,000 | $45.5M | 1.07% |
| 35 | OKTA INC NOTE 0.375PERCENT 6/1 | OKTA | 46,296,000 | $44.2M | 1.03% |
| 36 | CONMED CORP NOTE 2.250PERCENT 6/1 | CNMD | 45,500,000 | $43.1M | 1.01% |
| 37 | BLOCK INC NOTE 5/0 | BSQKZ | 44,634,000 | $42.6M | 1.00% |
| 38 | ON SEMICONDUCTOR CORP NOTE 0.500PERCENT 3/0 | ON | 45,841,000 | $42.4M | 0.99% |
| 39 | PINNACLE WEST CAP CORP NOTE 4.750PERCENT 6/1 ADDED | PNW | 38,728,000 | $41.9M | 0.98% |
| 40 | UNITY SOFTWARE INC NOTE 11/1 | U | 44,877,000 | $41.8M | 0.98% |
| 41 | CHEFS WHSE INC NOTE 2.375PERCENT12/1 | 163086AE1 | 26,397,000 | $41.1M | 0.96% |
| 42 | CINEMARK HLDGS INC NOTE 4.500PERCENT 8/1 | CNK | 19,313,000 | $40.9M | 0.96% |
| 43 | WESTERN DIGITAL CORP NOTE 3.000PERCENT11/1 | WDC | 22,275,000 | $40.0M | 0.94% |
| 44 | LIVE NATION ENTERTAINMENT IN NOTE 3.125PERCENT 1/1 | LYV | 25,975,000 | $39.9M | 0.93% |
| 45 | SHAKE SHACK INC NOTE 3/0 | SHAK | 36,291,000 | $38.8M | 0.91% |
| 46 | PROGRESS SOFTWARE CORP NOTE 3.500PERCENT 3/0 | 743312AD2 | 33,102,000 | $38.3M | 0.90% |
| 47 | WELLS FARGO CO NEW PERP PFD CNV A | 949746804 | 31,256 | $36.7M | 0.86% |
| 48 | RAPID7 INC NOTE 1.250PERCENT 3/1 | RPD | 41,090,000 | $36.3M | 0.85% |
| 49 | XEROX HOLDINGS CORP NOTE 3.750PERCENT 3/1 | XRXDW | 63,650,000 | $36.1M | 0.85% |
| 50 | LUMENTUM HLDGS INC NOTE 1.500PERCENT12/1 | LITE | 23,050,000 | $35.3M | 0.83% |
| 51 | PEBBLEBROOK HOTEL TR NOTE 1.750PERCENT12/1 | PEB-PH | 34,585,000 | $32.7M | 0.77% |
| 52 | ARBOR REALTY TRUST INC NOTE 7.500PERCENT 8/0 | ABR-PF | 32,585,000 | $32.3M | 0.76% |
| 53 | ENVISTA HOLDINGS CORPORATION NOTE 1.750PERCENT 8/1 | NVST | 34,123,000 | $31.6M | 0.74% |
| 54 | ITRON INC NOTE 1.375PERCENT 7/1 ADDED | ITRI | 26,050,000 | $31.0M | 0.73% |
| 55 | ZIFF DAVIS INC DEBT 3.625PERCENT 3/0 | ZD | 32,701,000 | $30.5M | 0.71% |
| 56 | MICROCHIP TECHNOLOGY INC. NOTE 0.750PERCENT 6/0 ADDED | MCHPP | 30,250,000 | $29.7M | 0.70% |
| 57 | EXACT SCIENCES CORP NOTE 0.375PERCENT 3/0 | 30063PAC9 | 32,500,000 | $29.6M | 0.69% |
| 58 | JBT MAREL CORPORATION NOTE 0.250PERCENT 5/1 | JBTM | 27,959,000 | $27.7M | 0.65% |
| 59 | TELADOC HEALTH INC NOTE 1.250PERCENT 6/0 | TDOC | 29,066,000 | $26.7M | 0.63% |
| 60 | FLUOR CORP NOTE 1.125PERCENT 8/1 | FLR | 19,850,000 | $26.0M | 0.61% |
| 61 | INNOVIVA INC NOTE 2.125PERCENT 3/1 | INVA | 26,102,000 | $26.0M | 0.61% |
| 62 | MARRIOTT VACATIONS WORLDWIDE NOTE 3.250PERCENT12/1 | VAC | 26,250,000 | $24.4M | 0.57% |
| 63 | AMPHASTAR PHARMACEUTICALS IN NOTE 2.000PERCENT 3/1 | AMPH | 27,500,000 | $23.7M | 0.56% |
| 64 | WAYFAIR INC NOTE 3.250PERCENT 9/1 | W | 20,375,000 | $23.2M | 0.54% |
| 65 | WORKIVA INC NOTE 1.250PERCENT 8/1 | WK | 24,435,000 | $22.6M | 0.53% |
| 66 | VISHAY INTERTECHNOLOGY INC NOTE 2.250PERCENT 9/1 | VSH | 24,505,000 | $21.9M | 0.51% |
| 67 | FIVE9 INC NOTE 1.000PERCENT 3/1 | FIVN | 23,245,000 | $20.3M | 0.47% |
| 68 | IMMUNOCORE HLDGS PLC NOTE 2.500PERCENT 2/0 | IMCR | 22,500,000 | $19.4M | 0.45% |
| 69 | ENPHASE ENERGY INC NOTE 3/0 | ENPH | 22,279,000 | $18.1M | 0.42% |
| 70 | AKAMAI TECHNOLOGIES INC NOTE 1.125PERCENT 2/1 | AKAM | 18,975,000 | $18.0M | 0.42% |
| 71 | LANTHEUS HLDGS INC NOTE 2.625PERCENT12/1 | LNTH | 14,000,000 | $17.8M | 0.42% |
| 72 | SOUTHERN CO NOTE 4.500PERCENT 6/1 ADDED | SOMN | 16,040,000 | $17.6M | 0.41% |
| 73 | ALARM COM HLDGS INC NOTE 2.250PERCENT 6/0 ADDED | ALRM | 18,000,000 | $17.4M | 0.41% |
| 74 | PTC THERAPEUTICS INC NOTE 1.500PERCENT 9/1 | PTCT | 15,000,000 | $17.3M | 0.40% |
| 75 | NUTANIX INC NOTE 0.250PERCENT10/0 | NTNX | 12,120,000 | $17.1M | 0.40% |
| 76 | WINNEBAGO INDS INC NOTE 3.250PERCENT 1/1 | 974637AF7 | 19,548,000 | $16.8M | 0.39% |
| 77 | BLOOM ENERGY CORP NOTE 3.000PERCENT 6/0 | BE | 10,825,000 | $16.0M | 0.37% |
| 78 | EPR PPTYS PFD C CV 5.75PERCENT | 26884U208 | 546,740 | $14.0M | 0.33% |
| 79 | TANDEM DIABETES CARE INC NOTE 1.500PERCENT 3/1 | TNDM | 14,000,000 | $13.4M | 0.31% |
| 80 | WOLFSPEED INC NOTE 1.875PERCENT12/0 | WOLF | 52,725,000 | $13.0M | 0.31% |
| 81 | HALOZYME THERAPEUTICS INC NOTE 0.250PERCENT 3/0 | HALO | 12,423,000 | $12.3M | 0.29% |
| 82 | EVENTBRITE INC NOTE 0.750PERCENT 9/1 | EVEX-WT | 13,645,000 | $12.1M | 0.28% |
| 83 | CMS ENERGY CORP NOTE 3.375PERCENT 5/0 | CMS-PC | 10,841,000 | $11.5M | 0.27% |
| 84 | AMC NETWORKS INC NOTE 4.250PERCENT 2/1 ADDED | 00164VAJ2 | 13,600,000 | $11.2M | 0.26% |
| 85 | ADVANCED ENERGY INDS NOTE 2.500PERCENT 9/1 | 007973AE0 | 7,195,000 | $8.6M | 0.20% |
| 86 | CABLE ONE INC NOTE 1.125PERCENT 3/1 | CABO | 9,342,000 | $7.1M | 0.17% |
| 87 | NEXTERA ENERGY INC UNIT 06/01/2027 | NEE-PW | 150,000 | $7.1M | 0.17% |
| 88 | EPR PPTYS CONV PFD 9PERCENT SR E | 26884U307 | 177,343 | $5.6M | 0.13% |
| 89 | DROPBOX INC NOTE 3/0 | DBX | 4,430,000 | $4.5M | 0.11% |
| 90 | ALARM COM HLDGS INC NOTE 1/1 | ALRM | 4,623,000 | $4.5M | 0.10% |
| 91 | ALLIANT ENERGY CORP NOTE 3.875PERCENT 3/1 | LNT | 3,750,000 | $3.9M | 0.09% |
| 92 | GLOBAL PMTS INC NOTE 1.500PERCENT 3/0 | 37940XAU6 | 4,130,000 | $3.7M | 0.09% |
| 93 | AKAMAI TECHNOLOGIES INC NOTE 0.375PERCENT 9/0 | AKAM | 3,570,000 | $3.5M | 0.08% |
| 94 | NEXTERA ENERGY INC UNIT 11/01/2027 | NEE-PW | 43,755 | $1.9M | 0.05% |
| 95 | KKR & CO INC 6.25 CON SER D | KKRT | 20,000 | $1.1M | 0.03% |
| 96 | SOUTHERN CO NOTE 3.875PERCENT12/1 | SOMN | 905,000 | $1.0M | 0.02% |
| 97 | CORE SCIENTIFIC INC NEW W EXP 01/23/202 | 21874A114 | 722,995 | $0 | 0.00% |