Advent Capital Management Buys Becton, Dickinson and Co, Nabors Industries, South Jersey Industries Inc, Sells Anthem Inc, Bunge, Royal Caribbean Cruises

• New Purchases: NBRPA.PFD, SJIU, AIZP.PFD, T, ANTM, DISH, DTV, RF, WDAY, CHTR,
• Added Positions: BDXA.PFD, WFCPL.PFD, BACPL.PFD, MRK, CCIPA.PFD, WMT, DCUD, SREPA.PFD, SWP, CZR,
• Reduced Positions: UPS, WPXP.PFD, GM, LOW, F, HESPA.PFD, GS, TXN, URI, NEEPRR,
• Sold Out: ANTX, BG, RCL, CMI, AEUA, AMGN, KLAC, OXY, LAZ, TREE,

For the details of ADVENT CAPITAL MANAGEMENT 's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=ADVENT+CAPITAL+MANAGEMENT+

1. Wells Fargo & Co (WFCpL.PFD) - 67,734 shares, 14.33% of the total portfolio. Shares added by 10.09%
2. Becton, Dickinson and Co (BDXA.PFD) - 1,124,706 shares, 12.87% of the total portfolio. Shares added by 46.52%
3. Bank of America Corporation (BACpL.PFD) - 53,816 shares, 11.34% of the total portfolio. Shares added by 11.24%
4. Stanley Black & Decker Inc (SWP) - 502,847 shares, 8.93% of the total portfolio. Shares added by 2.58%
5. NextEra Energy Inc (NEEPRR) - 716,874 shares, 6.89% of the total portfolio. Shares reduced by 3.54%

Advent Capital Management initiated holding in Nabors Industries Ltd. The purchase prices were between $44.29 and $55.25, with an estimated average price of $49.58. The stock is now traded at around $41.70. The impact to a portfolio due to this purchase was 4.03%. The holding were 525,252 shares as of 2018-06-30.

Advent Capital Management initiated holding in South Jersey Industries Inc. The purchase prices were between $51 and $56.12, with an estimated average price of $53.29. The stock is now traded at around $54.97. The impact to a portfolio due to this purchase was 1.84%. The holding were 200,745 shares as of 2018-06-30.

Advent Capital Management initiated holding in Assurant Inc. The purchase prices were between $101.68 and $101.68, with an estimated average price of $101.68. The stock is now traded at around $109.25. The impact to a portfolio due to this purchase was 1.5%. The holding were 79,496 shares as of 2018-06-30.

Advent Capital Management initiated holding in AT&T Inc. The purchase prices were between $31.4 and $36.14, with an estimated average price of $33.25. The stock is now traded at around $32.62. The impact to a portfolio due to this purchase was 0.68%. The holding were 125,000 shares as of 2018-06-30.

Advent Capital Management initiated holding in Anthem Inc. The purchase prices were between $220.13 and $245.16, with an estimated average price of $231.73. The stock is now traded at around $263.17. The impact to a portfolio due to this purchase was 0.33%. The holding were 8,300 shares as of 2018-06-30.

Advent Capital Management initiated holding in DISH Network Corp. The purchase prices were between $29.03 and $39.46, with an estimated average price of $34.19. The stock is now traded at around $34.69. The impact to a portfolio due to this purchase was 0.31%. The holding were 55,000 shares as of 2018-06-30.

Advent Capital Management added to a holding in Becton, Dickinson and Co by 46.52%. The purchase prices were between $57.48 and $62.18, with an estimated average price of $59.7. The stock is now traded at around $64.08. The impact to a portfolio due to this purchase was 4.09%. The holding were 1,124,706 shares as of 2018-06-30.

Advent Capital Management added to a holding in Merck & Co Inc by 45.05%. The purchase prices were between $53.27 and $62.59, with an estimated average price of $59.12. The stock is now traded at around $69.35. The impact to a portfolio due to this purchase was 0.51%. The holding were 161,000 shares as of 2018-06-30.

Advent Capital Management added to a holding in Walmart Inc by 38.46%. The purchase prices were between $82.4 and $88.46, with an estimated average price of $85.33. The stock is now traded at around $97.07. The impact to a portfolio due to this purchase was 0.36%. The holding were 90,000 shares as of 2018-06-30.

Advent Capital Management added to a holding in Sempra Energy by 24.49%. The purchase prices were between $95.99 and $105.72, with an estimated average price of $100.97. The stock is now traded at around $103.61. The impact to a portfolio due to this purchase was 0.22%. The holding were 63,730 shares as of 2018-06-30.

Advent Capital Management added to a holding in Caesars Entertainment Corp by 143.43%. The purchase prices were between $10.6 and $13.2, with an estimated average price of $11.68. The stock is now traded at around $9.90. The impact to a portfolio due to this purchase was 0.11%. The holding were 101,831 shares as of 2018-06-30.

Advent Capital Management added to a holding in Santander Consumer USA Holdings Inc by 100.00%. The purchase prices were between $15.6 and $20.41, with an estimated average price of $18.24. The stock is now traded at around $21.50. The impact to a portfolio due to this purchase was 0.06%. The holding were 36,000 shares as of 2018-06-30.

Advent Capital Management sold out a holding in Anthem Inc. The sale prices were between $53.19 and $57.61, with an estimated average price of $55.27.

Advent Capital Management sold out a holding in Bunge Ltd. The sale prices were between $69.1 and $75.7, with an estimated average price of $71.63.

Advent Capital Management sold out a holding in Royal Caribbean Cruises Ltd. The sale prices were between $102.15 and $119.71, with an estimated average price of $109.99.

Advent Capital Management sold out a holding in Cummins Inc. The sale prices were between $132.32 and $170.83, with an estimated average price of $149.79.

Advent Capital Management sold out a holding in Anadarko Petroleum Corp. The sale prices were between $28.95 and $33.97, with an estimated average price of $31.27.

Advent Capital Management sold out a holding in Amgen Inc. The sale prices were between $166.05 and $186.51, with an estimated average price of $176.84.

Advent Capital Management reduced to a holding in United Parcel Service Inc by 56.37%. The sale prices were between $103.84 and $118.34, with an estimated average price of $112.26. The stock is now traded at around $123.64. The impact to a portfolio due to this sale was -1%. Advent Capital Management still held 47,980 shares as of 2018-06-30.

Advent Capital Management reduced to a holding in WPX Energy Inc by 49.21%. The sale prices were between $57.28 and $79.61, with an estimated average price of $71.65. The stock is now traded at around $76.25. The impact to a portfolio due to this sale was -0.96%. Advent Capital Management still held 102,111 shares as of 2018-06-30.

Advent Capital Management reduced to a holding in General Motors Co by 55.88%. The sale prices were between $35.76 and $44.85, with an estimated average price of $39.32. The stock is now traded at around $33.74. The impact to a portfolio due to this sale was -0.53%. Advent Capital Management still held 75,000 shares as of 2018-06-30.

Advent Capital Management reduced to a holding in Lowe's Companies Inc by 44.44%. The sale prices were between $81.48 and $100.5, with an estimated average price of $90.44. The stock is now traded at around $113.69. The impact to a portfolio due to this sale was -0.48%. Advent Capital Management still held 45,000 shares as of 2018-06-30.

Advent Capital Management reduced to a holding in Ford Motor Co by 38.03%. The sale prices were between $10.82 and $12.11, with an estimated average price of $11.45. The stock is now traded at around $9.32. The impact to a portfolio due to this sale was -0.46%. Advent Capital Management still held 440,000 shares as of 2018-06-30.

Advent Capital Management reduced to a holding in Goldman Sachs Group Inc by 36.96%. The sale prices were between $220.18 and $259.59, with an estimated average price of $238.67. The stock is now traded at around $230.27. The impact to a portfolio due to this sale was -0.33%. Advent Capital Management still held 14,500 shares as of 2018-06-30.