Calamos Dynamic Convertible & Income Fund
CCD
32 hedge funds and large institutions have $58M invested in Calamos Dynamic Convertible & Income Fund in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 9 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
8% more capital invested
Capital invested by funds: $54M → $58M (+$4.05M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 34 → 32 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.37M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.26M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.18M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.13M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$284K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$2.92M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$324K |
| 3 |
Citigroup
New York
|
-$257K |
| 4 |
LPL Financial
San Diego,
California
|
-$180K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$174K |
CCD Hedge Fund Activity: Q2 2016 in Review
32 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Calamos Dynamic Convertible & Income Fund (CCD) for Q2 2016, worth a combined $58M — up 7.5% from $54M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CCD and 7 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 14 added.
The largest buyer was Bank of America, adding an estimated $1.37M. The largest seller was Nine Masts Capital, exiting entirely with an estimated $2.92M sold.
- 32 institutional investors held Calamos Dynamic Convertible & Income Fund (CCD) as of Q2 2016, down from 34 in Q1 2016.
- Funds reported $58M of Calamos Dynamic Convertible & Income Fund stock for Q2 2016, up 7.5% quarter-over-quarter.
- 7 funds opened new Calamos Dynamic Convertible & Income Fund positions in Q2 2016 and 9 closed out, a net change of -2 holders.
- The largest Calamos Dynamic Convertible & Income Fund buyer in Q2 2016 was Bank of America, an estimated $1.37M added.
- The largest Calamos Dynamic Convertible & Income Fund seller in Q2 2016 was Nine Masts Capital, an estimated $2.92M sold.
Based on aggregated 13F filings for Q2 2016.