Calamos Dynamic Convertible & Income Fund
CCD
46 hedge funds and large institutions have $81.2M invested in Calamos Dynamic Convertible & Income Fund in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 10 reducing their positions, and 8 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 10
37% more capital invested
Capital invested by funds: $59.4M → $81.2M (+$21.8M)
1.14% more ownership
Funds ownership: 15.54% → 16.68% (+1.1%)
2% less funds holding
Funds holding: 47 → 46 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$2.89M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.84M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.46M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.31M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$459K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.47M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$859K |
| 3 |
OC
Oppenheimer & Co
New York
|
-$572K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$496K |
| 5 |
CWP
Capital Wealth Planning
Naples,
Florida
|
-$324K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WQ
51
Wealth Quarterback
Toms River,
New Jersey
| – | -$4.43K | -266 | Closed |
|
|
FA
52
Fortis Advisors
Wayne,
Pennsylvania
| – | -$3K | -160 | Closed |
|
53
Fidelity Investments
Boston,
Massachusetts
| – | +$19 | +1 | New |
|
CCD Hedge Fund Activity: Q2 2020 in Review
46 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Calamos Dynamic Convertible & Income Fund (CCD) for Q2 2020, worth a combined $81.2M — up 37% from $59.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of CCD and 7 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 22 added.
The largest buyer was Punch & Associates Investment Management, opening a new position worth an estimated $2.89M. The largest seller was Morgan Stanley, cutting an estimated $1.47M.
- 46 institutional investors held Calamos Dynamic Convertible & Income Fund (CCD) as of Q2 2020, down from 47 in Q1 2020.
- Funds reported $81.2M of Calamos Dynamic Convertible & Income Fund stock for Q2 2020, up 37% quarter-over-quarter.
- 7 funds opened new Calamos Dynamic Convertible & Income Fund positions in Q2 2020 and 8 closed out, a net change of -1 holder.
- The largest Calamos Dynamic Convertible & Income Fund buyer in Q2 2020 was Punch & Associates Investment Management, an estimated $2.89M added.
- The largest Calamos Dynamic Convertible & Income Fund seller in Q2 2020 was Morgan Stanley, an estimated $1.47M sold.
Based on aggregated 13F filings for Q2 2020.