Calamos Dynamic Convertible & Income Fund
CCD
47 hedge funds and large institutions have $59.4M invested in Calamos Dynamic Convertible & Income Fund in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 9 closing their positions.
91% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 11
0.71% more ownership
Funds ownership: 14.83% → 15.54% (+0.71%)
6% less funds holding
Funds holding: 50 → 47 (-3)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
17% less capital invested
Capital invested by funds: $71.6M → $59.4M (-$12.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.07M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.02M |
| 3 |
SXL
Summit X LLC
Chesterfield,
Missouri
|
+$928K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$863K |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$713K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$1.06M |
| 2 |
Goldman Sachs
New York
|
-$780K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$531K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$327K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$270K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
51
Realta Investment Advisors
Wilmington,
Delaware
| – | -$97K | -4,750 | Closed |
|
|
CFG
52
Citizens Financial Group
Providence,
Rhode Island
| – | -$94K | -4,431 | Closed |
|
53
Citigroup
New York
| – | -$47K | -2,200 | Closed |
|
|
MMG
54
Monetary Management Group
St Louis,
Missouri
| – | -$38K | -1,782 | Closed |
|
|
FIA
55
FNY Investment Advisers
New York
| – | -$28K | -1,349 | Closed |
|
CCD Hedge Fund Activity: Q1 2020 in Review
47 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Calamos Dynamic Convertible & Income Fund (CCD) for Q1 2020, worth a combined $59.4M — down 17% from $71.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CCD and 8 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 21 added.
The largest buyer was Morgan Stanley, adding an estimated $2.07M. The largest seller was MML Investors Services, exiting entirely with an estimated $1.06M sold.
- 47 institutional investors held Calamos Dynamic Convertible & Income Fund (CCD) as of Q1 2020, down from 50 in Q4 2019.
- Funds reported $59.4M of Calamos Dynamic Convertible & Income Fund stock for Q1 2020, down 17% quarter-over-quarter.
- 8 funds opened new Calamos Dynamic Convertible & Income Fund positions in Q1 2020 and 9 closed out, a net change of -1 holder.
- The largest Calamos Dynamic Convertible & Income Fund buyer in Q1 2020 was Morgan Stanley, an estimated $2.07M added.
- The largest Calamos Dynamic Convertible & Income Fund seller in Q1 2020 was MML Investors Services, an estimated $1.06M sold.
Based on aggregated 13F filings for Q1 2020.