Camden Asset Management L P /ca
Camden Asset Management, L.P. is an independent, employee-owned institutional asset manager and SEC-registered investment adviser, founded in Los Angeles, California in 1991. The firm primarily manages convertible bond investment strategies for institutional investors and is known for its disciplined investment approach, stable long-term client base, and a collaborative team culture focused on ethics and compliance. Camden has approximately 28 employees.
Investment Strategy
Camden Asset Management specializes in managing convertible bond investment strategies, aiming to deliver consistent excess returns over client-selected benchmarks. Their approach provides attractive risk-adjusted returns, liquidity, and transparency, focusing on disciplined investment selection for institutional clients. Camden emphasizes transparency, alignment of interests, and operates at high standards of ethics and compliance as a diverse, employee-owned firm.
Latest 13F Filing Activity
Camden Asset Management L P /ca filed their most recent 13F report on Jun 30, 2025 disclosing 6 equity positions with a total 13F market value of $4B. The fund increased holdings in Bank America Corp. 7.25percentcnv PFD L, Wells Fargo Co. New Perp PFD CNV A, Epr PPTYS PFD C CV 5.75percent among other positions. Camden Asset Management L P /ca reduced exposure to Nextera Energy Inc. Unit 09/01/2025, El Paso Energy Cap TR I PFD CV TR Sec 28, Epr PPTYS Conv PFD 9percent SR E among others.
Top Holdings
Equity Positions (6)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
B BAC-PL | BANK AMERICA CORP 7.25PERCENTCNV PFD L | 3.40% | $145.0M | 119,488 | $1252.41 | $1213.00 | +$51.0M |
N NEE-PR | NEXTERA ENERGY INC UNIT 09/01/2025 | 1.46% | $62.5M | 1,572,123 | $41.92 | $39.74 | -$22.1M |
E EP-PC | EL PASO ENERGY CAP TR I PFD CV TR SEC 28 | 1.30% | $55.5M | 1,133,344 | $47.35 | $48.81 | -$49.6K |
W WFC-PL | WELLS FARGO CO NEW PERP PFD CNV A | 0.86% | $36.7M | 31,256 | $1181.24 | $1174.13 | +$33.9M |
E EPR-PC | EPR PPTYS PFD C CV 5.75PERCENT | 0.33% | $14.0M | 546,740 | $24.41 | $25.05 | +$1.3M |
Industry Allocation
Investment Team (3)
| Name | Role | Location | |
|---|---|---|---|
 | Portfolio Manager | New York, NY , United States | |
 | Partner and Portfolio Manager | Los Angeles, CA , United States | |
 | Analyst | Los Angeles, CA , United States |