Calamos Convertible Opportunities and Income Fund
60 hedge funds and large institutions have $103M invested in Calamos Convertible Opportunities and Income Fund in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 23 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
3% more funds holding
Funds holding: 58 → 60 (+2)
0.63% less ownership
Funds ownership: 12.73% → 12.1% (-0.63%)
5% less capital invested
Capital invested by funds: $108M → $103M (-$5.39M)
13% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.21M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$276K |
| 3 |
Citigroup
New York
|
+$262K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$225K |
| 5 |
MCC
Mid Continent Capital
Chicago,
Illinois
|
+$217K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$5.62M |
| 2 |
Morgan Stanley
New York
|
-$1.22M |
| 3 |
SNC
Stifel Nicolaus & Co
St Louis,
Missouri
|
-$775K |
| 4 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
-$515K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$508K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NES
51
New England Securities
New York
| $50K | +$6.31K | +500 | +14% |
|
|
FWM
52
Focused Wealth Management
Newburgh,
New York
| $48K | +$48.3K | +3,829 | New |
|
|
SFSIG
53
San Francisco Sentry Investment Group
San Francisco,
California
| $44K | +$6.31K | +500 | +17% |
|
54
First Manhattan
New York
| $37K | – | – | – |
|
|
LIA
55
LS Investment Advisors
Bloomfield Hills,
Michigan
| $25K | – | – | – |
|
56
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $15K | +$14.9K | +1,185 | New |
|
|
DAM
57
Delta Asset Management
Memphis,
Tennessee
| $13K | – | – | – |
|
|
RIA
58
Regal Investment Advisors
Kentwood,
Michigan
| $11K | – | – | – |
|
|
WA
59
WFG Advisors
Dallas,
Texas
| $9K | – | – | – |
|
|
RP
60
Reinhart Partners
Mequon,
Wisconsin
| – | -$336K | -26,675 | Closed |
|
|
TRCT
61
Tower Research Capital (TRC)
New York
| – | -$29K | -2,267 | Closed |
|
|
OWP
62
Obermeyer Wealth Partners
Aspen,
Colorado
| – | -$13K | -1,044 | Closed |
|
|
CFA
63
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$7K | -562 | Closed |
|
64
Envestnet Asset Management
Chicago,
Illinois
| – | -$7K | -550 | Closed |
|
CHI Hedge Fund Activity: Q3 2013 in Review
60 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible Opportunities and Income Fund (CHI) for Q3 2013, worth a combined $103M — down 5% from $108M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CHI positions and 5 closed out — a net gain of 2 holders — while 20 added to existing stakes and 23 trimmed.
The largest buyer was LPL Financial, adding an estimated $3.21M. The largest seller was Guggenheim Capital, cutting an estimated $5.62M.
- 60 institutional investors held Calamos Convertible Opportunities and Income Fund (CHI) as of Q3 2013, up from 58 in Q2 2013.
- Funds reported $103M of Calamos Convertible Opportunities and Income Fund stock for Q3 2013, down 5% quarter-over-quarter.
- 7 funds opened new Calamos Convertible Opportunities and Income Fund positions in Q3 2013 and 5 closed out, a net change of +2 holders.
- The largest Calamos Convertible Opportunities and Income Fund buyer in Q3 2013 was LPL Financial, an estimated $3.21M added.
- The largest Calamos Convertible Opportunities and Income Fund seller in Q3 2013 was Guggenheim Capital, an estimated $5.62M sold.
Based on aggregated 13F filings for Q3 2013.