Calamos Dynamic Convertible & Income Fund
CCD
35 hedge funds and large institutions have $64.9M invested in Calamos Dynamic Convertible & Income Fund in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 6 reducing their positions, and 3 closing their positions.
183% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 6
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
15.19% more ownership
Funds ownership: 0% → 15.19% (+15%)
8% more capital invested
Capital invested by funds: $60.1M → $64.9M (+$4.89M)
6% more funds holding
Funds holding: 33 → 35 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.5M |
| 2 |
Citigroup
New York
|
+$2.06M |
| 3 |
Morgan Stanley
New York
|
+$1.81M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$890K |
| 5 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$713K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$1.57M |
| 2 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$353K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$320K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$310K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$241K |
CCD Hedge Fund Activity: Q4 2016 in Review
35 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Calamos Dynamic Convertible & Income Fund (CCD) for Q4 2016, worth a combined $64.9M — up 8.1% from $60.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new CCD positions and 3 closed out — a net gain of 3 holders — while 17 added to existing stakes and 6 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $2.5M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $1.57M sold.
- 35 institutional investors held Calamos Dynamic Convertible & Income Fund (CCD) as of Q4 2016, up from 33 in Q3 2016.
- Funds reported $64.9M of Calamos Dynamic Convertible & Income Fund stock for Q4 2016, up 8.1% quarter-over-quarter.
- 6 funds opened new Calamos Dynamic Convertible & Income Fund positions in Q4 2016 and 3 closed out, a net change of +3 holders.
- The largest Calamos Dynamic Convertible & Income Fund buyer in Q4 2016 was Rivernorth Capital Management, an estimated $2.5M added.
- The largest Calamos Dynamic Convertible & Income Fund seller in Q4 2016 was 1832 Asset Management, an estimated $1.57M sold.
Based on aggregated 13F filings for Q4 2016.