13F HOLDINGS REPORT
CAMDEN ASSET MANAGEMENT L P /CA
Quarter ended Q4 2025 · Filed February 13, 2026 · Accession 0001104659-26-014862
Total Value
$3.95B
Positions
73
Other Managers
0
Confidential Omitted
No
Holdings (73)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | FORD MOTOR COMPANY CV 0PERCENT 031526 REG | 345370CZ1 | 229,795,000 | $238.6M | 6.04% |
| 2 | NEXTERA ENERGY CAPITAL CV 3PERCENT 030127 REG | NEE-PW | 173,693,000 | $215.6M | 5.45% |
| 3 | AIRBNB INC CV 0PERCENT 031526 REG | ABNB | 189,700,000 | $187.7M | 4.75% |
| 4 | BANK OF AMERICA CORP 7.25PERCENT CV PFD L | 060505682 | 137,729 | $172.1M | 4.36% |
| 5 | DUKE ENERGY CORP CV 4.125PERCENT 041526 REG | DUKB | 154,379,000 | $159.0M | 4.02% |
| 6 | WEC ENERGY GROUP IN CV 4.375PERCENT 060127 REG | WEC | 137,234,000 | $155.0M | 3.92% |
| 7 | EVERGY INC CV 4.5PERCENT 121527 REG | EVRG | 114,696,000 | $139.6M | 3.53% |
| 8 | VENTAS REALTY LP CV 3.75PERCENT 060126 REG | VTR | 85,155,000 | $120.2M | 3.04% |
| 9 | OKTA INC CV 0.375PERCENT 061526 REG | OKTA | 101,535,000 | $99.1M | 2.51% |
| 10 | EXPEDIA GROUP INC CV 0PERCENT 021526 REG | EXPE | 87,966,000 | $98.1M | 2.48% |
| 11 | BLACKLINE INC CV 1PERCENT 060129 REG | BL | 87,391,000 | $92.1M | 2.33% |
| 12 | UBER TECHNOLOGIES I CV 0.875PERCENT 120128 REG | UBER | 67,109,000 | $87.0M | 2.20% |
| 13 | SOUTHERN CO CV 7.125PERCENT 121528 PFD A REG | SOMN | 1,674,600 | $83.1M | 2.10% |
| 14 | AMERICAN WATER CAPI CV 3.625PERCENT 061526 REG | 03040WBE4 | 81,159,000 | $80.8M | 2.05% |
| 15 | DAYFORCE INC CV 0.25PERCENT 031526 REG | 15677JAD0 | 78,727,000 | $77.9M | 1.97% |
| 16 | ON SEMICONDUCTOR CORP CV 0.5PERCENT 030129 REG | ON | 81,871,000 | $77.4M | 1.96% |
| 17 | IONIS PHARMACEUTICAL CV 1.75PERCENT 061528 REG | IONS | 48,066,000 | $76.3M | 1.93% |
| 18 | UPWORK INC CV 0.25PERCENT 081526 REG | UPWK | 74,023,000 | $72.1M | 1.83% |
| 19 | DEXCOM INC CV 0.375PERCENT 051528 REG | DXCM | 73,550,000 | $67.6M | 1.71% |
| 20 | WORLD KINECT CORP CV 3.25PERCENT 070128 REG | WKC | 63,850,000 | $67.0M | 1.70% |
| 21 | SPOTIFY USA INC CV 0PERCENT 031526 REG | 84921RAB6 | 58,680,000 | $66.6M | 1.69% |
| 22 | SNOWFLAKE INC CV 0PERCENT 100129 REG | SNOW | 41,176,000 | $63.6M | 1.61% |
| 23 | ETSY INC CV 0.25PERCENT 061528 REG | ETSY | 67,215,000 | $60.0M | 1.52% |
| 24 | CONMED CORP CV 2.25PERCENT 061527 REG | CNMD | 62,550,000 | $59.9M | 1.52% |
| 25 | NUTANIX INC CV 0.5PERCENT 121529 REG | NTNX | 61,928,000 | $59.7M | 1.51% |
| 26 | EL PASO ENERGY CA CV 4.75PERCENT 033128PFD REG | 283678209 | 1,189,225 | $58.4M | 1.48% |
| 27 | DIGITALOCEAN HOLDINGS CV 0PERCENT 120126 REG | DOCN | 60,251,000 | $58.0M | 1.47% |
| 28 | ANI PHARMACEUTICALS CV 2.25PERCENT 090129 REG | ANIP | 43,017,000 | $54.1M | 1.37% |
| 29 | TELADOC HEALTH INC CV 1.25PERCENT 060127 REG | TDOC | 55,641,000 | $52.9M | 1.34% |
| 30 | EXACT SCIENCES CORP CV 0.375PERCENT 030128 REG | 30063PAC9 | 51,385,000 | $52.7M | 1.33% |
| 31 | JBT MAREL CORP CV 0.25PERCENT 051526 REG | JBTM | 49,865,000 | $50.9M | 1.29% |
| 32 | TETRA TECH INC CV 2.25PERCENT 081528 REG | TTEK | 46,501,000 | $50.4M | 1.28% |
| 33 | ENVISTA HOLDINGS COR CV 1.75PERCENT 081528 REG | NVST | 48,940,000 | $46.9M | 1.19% |
| 34 | WELLS FARGO CO 7.5PERCENT CV PFD L | 949746804 | 37,010 | $44.9M | 1.14% |
| 35 | CHEFS WAREHOUSE INC CV 2.375PERCENT 121528 REG | 163086AE1 | 29,397,000 | $44.6M | 1.13% |
| 36 | BLOCK INC CV 0PERCENT 050126 REG | BSQKZ | 44,359,000 | $43.5M | 1.10% |
| 37 | UNITY SOFTWARE INC CV 0PERCENT 111526 REG | U | 44,877,000 | $43.3M | 1.10% |
| 38 | MKS INC CV 1.25PERCENT 060130 REG | MKSI | 33,076,000 | $42.2M | 1.07% |
| 39 | LIVE NATION ENTERTA CV 3.125PERCENT 011529 REG | LYV | 24,975,000 | $36.3M | 0.92% |
| 40 | BLOCK INC CV 0.25PERCENT 110127 REG | BSQKZ | 38,470,000 | $35.6M | 0.90% |
| 41 | AMPHASTAR PHARMACEUTICA CV 2PERCENT 031529 REG | AMPH | 36,680,000 | $33.8M | 0.86% |
| 42 | INNOVIVA INC CV 2.125PERCENT 031528 REG | INVA | 33,052,000 | $33.6M | 0.85% |
| 43 | IMMUNOCORE HOLDINGS P CV 2.5PERCENT 020130 REG | IMCR | 36,235,000 | $32.7M | 0.83% |
| 44 | LANTHEUS HOLDINGS I CV 2.625PERCENT 121527 REG | LNTH | 28,419,000 | $32.5M | 0.82% |
| 45 | MICROCHIP TECHNOLOGY CV 0.75PERCENT 060130 REG | MCHPP | 33,000,000 | $32.3M | 0.82% |
| 46 | JAZZ INVESTMENTS I CV 3.125PERCENT 091530 REG | 472145AH4 | 21,500,000 | $28.6M | 0.72% |
| 47 | FLUOR CORP CV 1.125PERCENT 081529 REG | FLR | 22,350,000 | $25.5M | 0.64% |
| 48 | BOX INC CV 1.5PERCENT 091529 REG | BXCAP | 23,500,000 | $22.9M | 0.58% |
| 49 | VISHAY INTERTECHNOLO CV 2.25PERCENT 091530 REG | VSH | 24,105,000 | $21.6M | 0.55% |
| 50 | WORKIVA INC CV 1.25PERCENT 081528 REG | WK | 21,435,000 | $21.1M | 0.53% |
| 51 | ALARM.COM HOLDINGS I CV 2.25PERCENT 060129 REG | ALRM | 20,471,000 | $19.5M | 0.49% |
| 52 | PINNACLE WEST CAPITA CV 4.75PERCENT 061527 REG | PNW | 18,188,000 | $19.4M | 0.49% |
| 53 | ZIFF DAVIS INC CV 3.625PERCENT 030128 144A | ZD | 19,701,000 | $19.2M | 0.49% |
| 54 | XEROX HOLDINGS CORP CV 3.75PERCENT 031530 REG | XRXDW | 67,650,000 | $18.8M | 0.48% |
| 55 | ENPHASE ENERGY INC CV 0PERCENT 030128 REG | ENPH | 21,279,000 | $18.5M | 0.47% |
| 56 | PEBBLEBROOK HOTEL TR CV 1.75PERCENT 121526 REG | PEB-PH | 19,085,000 | $18.4M | 0.47% |
| 57 | LYFT INC CV 0.625PERCENT 030129 REG | LYFT | 13,800,000 | $16.6M | 0.42% |
| 58 | RAPID7 INC CV 1.25PERCENT 031529 REG | RPD | 18,090,000 | $16.5M | 0.42% |
| 59 | FIVE9 INC CV 1PERCENT 031529 REG | FIVN | 16,550,000 | $14.9M | 0.38% |
| 60 | OSI SYSTEMS INC CV 2.25PERCENT 080129 REG | OSIS | 10,000,000 | $14.8M | 0.38% |
| 61 | AMC NETWORKS INC CV 4.25PERCENT 021529 REG | 00164VAJ2 | 13,600,000 | $13.9M | 0.35% |
| 62 | WINNEBAGO INDUSTRIES CV 3.25PERCENT 011530 REG | 974637AF7 | 14,548,000 | $13.6M | 0.35% |
| 63 | ENTERTAINMENT PROPERTIES 5.75PERCENT CV PFD C | 26884U208 | 526,431 | $11.8M | 0.30% |
| 64 | EVOLENT HEALTH INC CV 3.5PERCENT 120129 REG | EVH | 16,425,000 | $11.0M | 0.28% |
| 65 | ITRON INC CV 1.375PERCENT 071530 REG | ITRI | 9,139,000 | $9.2M | 0.23% |
| 66 | MARRIOTT VACATIONS W CV 3.25PERCENT 121527 REG | VAC | 8,000,000 | $7.6M | 0.19% |
| 67 | LCI INDUSTRIES CV 1.125PERCENT 051526 REG | 501812AB7 | 7,500,000 | $7.4M | 0.19% |
| 68 | PPL CAPITAL FUNDING CV 2.875PERCENT 031528 REG | PPLC | 6,230,000 | $6.8M | 0.17% |
| 69 | EVOLENT HEALTH INC CV 4.5PERCENT 081531 144A | EVH | 9,485,000 | $6.6M | 0.17% |
| 70 | ENTERTAINMENT PROPERTIES 9PERCENT CV PFD E | 26884U307 | 197,382 | $5.9M | 0.15% |
| 71 | ALARM.COM HLDGS INC CV 0PERCENT 011526 REG | ALRM | 4,623,000 | $4.6M | 0.12% |
| 72 | KKR & CO INC CV 6.25PERCENT 030128PFD D REG | KKRT | 20,000 | $1.0M | 0.03% |
| 73 | Core Scientific Inc WAR 6.81 012327 | 21874A114 | 760,053 | $0 | 0.00% |