Calamos Dynamic Convertible & Income Fund
CCD
40 hedge funds and large institutions have $64.3M invested in Calamos Dynamic Convertible & Income Fund in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 3 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
0.25% less ownership
Funds ownership: 14.36% → 14.11% (-0.25%)
2% less capital invested
Capital invested by funds: $65.5M → $64.3M (-$1.16M)
5% less funds holding
Funds holding: 42 → 40 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$651K |
| 2 |
Morgan Stanley
New York
|
+$502K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$285K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$135K |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$89.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.14M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$630K |
| 3 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$449K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$339K |
| 5 |
Millennium Management
New York
|
-$200K |
CCD Hedge Fund Activity: Q3 2019 in Review
40 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Calamos Dynamic Convertible & Income Fund (CCD) for Q3 2019, worth a combined $64.3M — down 1.8% from $65.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CCD and 1 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 19 added.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $651K. The largest seller was Guggenheim Capital, cutting an estimated $1.14M.
- 40 institutional investors held Calamos Dynamic Convertible & Income Fund (CCD) as of Q3 2019, down from 42 in Q2 2019.
- Funds reported $64.3M of Calamos Dynamic Convertible & Income Fund stock for Q3 2019, down 1.8% quarter-over-quarter.
- 1 fund opened new Calamos Dynamic Convertible & Income Fund positions in Q3 2019 and 3 closed out, a net change of -2 holders.
- The largest Calamos Dynamic Convertible & Income Fund buyer in Q3 2019 was Ladenburg Thalmann Financial Services, an estimated $651K added.
- The largest Calamos Dynamic Convertible & Income Fund seller in Q3 2019 was Guggenheim Capital, an estimated $1.14M sold.
Based on aggregated 13F filings for Q3 2019.