Calamos Convertible Opportunities and Income Fund
71 hedge funds and large institutions have $124M invested in Calamos Convertible Opportunities and Income Fund in 2013 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 21 increasing their positions, 23 reducing their positions, and 5 closing their positions.
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
20% more capital invested
Capital invested by funds: $103M → $124M (+$21M)
18% more funds holding
Funds holding: 60 → 71 (+11)
1.75% more ownership
Funds ownership: 12.1% → 13.85% (+1.8%)
9% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$12M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$2.15M |
| 3 |
SG Americas Securities
New York
|
+$1.32M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$379K |
| 5 |
Jane Street
New York
|
+$233K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$736K |
| 2 |
Morgan Stanley
New York
|
-$657K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$572K |
| 4 |
NPC
National Planning Corporation
El Segundo,
California
|
-$389K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$298K |
CHI Hedge Fund Activity: Q4 2013 in Review
71 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible Opportunities and Income Fund (CHI) for Q4 2013, worth a combined $124M — up 20% from $103M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CHI positions and 5 closed out — a net gain of 12 holders — while 21 added to existing stakes and 23 trimmed.
The largest buyer was LPL Financial, adding an estimated $12M. The largest seller was UBS, cutting an estimated $736K.
- 71 institutional investors held Calamos Convertible Opportunities and Income Fund (CHI) as of Q4 2013, up from 60 in Q3 2013.
- Funds reported $124M of Calamos Convertible Opportunities and Income Fund stock for Q4 2013, up 20% quarter-over-quarter.
- 17 funds opened new Calamos Convertible Opportunities and Income Fund positions in Q4 2013 and 5 closed out, a net change of +12 holders.
- The largest Calamos Convertible Opportunities and Income Fund buyer in Q4 2013 was LPL Financial, an estimated $12M added.
- The largest Calamos Convertible Opportunities and Income Fund seller in Q4 2013 was UBS, an estimated $736K sold.
Based on aggregated 13F filings for Q4 2013.