Calamos Dynamic Convertible & Income Fund
CCD
38 hedge funds and large institutions have $55.7M invested in Calamos Dynamic Convertible & Income Fund in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 8 reducing their positions, and 5 closing their positions.
138% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 8
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
6% more funds holding
Funds holding: 36 → 38 (+2)
1.62% more ownership
Funds ownership: 10.97% → 12.59% (+1.6%)
4% more capital invested
Capital invested by funds: $53.8M → $55.7M (+$1.92M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Intersect Capital
San Ramon,
California
|
+$5M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.95M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.11M |
| 4 |
Cohen & Steers
New York
|
+$1.09M |
| 5 |
Morgan Stanley
New York
|
+$901K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QFA
Quattro Financial Advisors
The Woodlands,
Texas
|
-$2.46M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.12M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$444K |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$341K |
| 5 |
Millennium Management
New York
|
-$240K |
CCD Hedge Fund Activity: Q1 2018 in Review
38 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Calamos Dynamic Convertible & Income Fund (CCD) for Q1 2018, worth a combined $55.7M — up 3.6% from $53.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CCD positions and 5 closed out — a net gain of 2 holders — while 19 added to existing stakes and 8 trimmed.
The largest buyer was Intersect Capital, opening a new position worth an estimated $5M. The largest seller was Quattro Financial Advisors, exiting entirely with an estimated $2.46M sold.
- 38 institutional investors held Calamos Dynamic Convertible & Income Fund (CCD) as of Q1 2018, up from 36 in Q4 2017.
- Funds reported $55.7M of Calamos Dynamic Convertible & Income Fund stock for Q1 2018, up 3.6% quarter-over-quarter.
- 7 funds opened new Calamos Dynamic Convertible & Income Fund positions in Q1 2018 and 5 closed out, a net change of +2 holders.
- The largest Calamos Dynamic Convertible & Income Fund buyer in Q1 2018 was Intersect Capital, an estimated $5M added.
- The largest Calamos Dynamic Convertible & Income Fund seller in Q1 2018 was Quattro Financial Advisors, an estimated $2.46M sold.
Based on aggregated 13F filings for Q1 2018.