Calamos Convertible Opportunities and Income Fund
73 hedge funds and large institutions have $125M invested in Calamos Convertible Opportunities and Income Fund in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
3% more funds holding
Funds holding: 71 → 73 (+2)
1% more capital invested
Capital invested by funds: $124M → $125M (+$919K)
0.43% less ownership
Funds ownership: 13.85% → 13.42% (-0.43%)
13% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAM
First Allied Asset Management
San Diego,
California
|
+$3.21M |
| 2 |
AWA
AmeriServ Wealth Advisors
Johnstown,
Pennsylvania
|
+$1.82M |
| 3 |
Morgan Stanley
New York
|
+$1.7M |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$1.22M |
| 5 |
MCC
Mid Continent Capital
Chicago,
Illinois
|
+$595K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$10.8M |
| 2 |
SG Americas Securities
New York
|
-$1.35M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$666K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$647K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$509K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SB
76
Suntrust Banks
Atlanta,
Georgia
| – | -$228K | -17,240 | Closed |
|
|
VKH
77
Virtu KCG Holdings
New York
| – | -$142K | -10,740 | Closed |
|
|
DC
78
Davenport & Co
Richmond,
Virginia
| – | -$134K | -10,100 | Closed |
|
|
TRCT
79
Tower Research Capital (TRC)
New York
| – | -$20K | -1,476 | Closed |
|
80
Envestnet Asset Management
Chicago,
Illinois
| – | -$15K | -1,100 | Closed |
|
CHI Hedge Fund Activity: Q1 2014 in Review
73 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible Opportunities and Income Fund (CHI) for Q1 2014, worth a combined $125M — up 0.74% from $124M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CHI positions and 8 closed out — a net gain of 2 holders — while 21 added to existing stakes and 24 trimmed.
The largest buyer was First Allied Asset Management, opening a new position worth an estimated $3.21M. The largest seller was LPL Financial, cutting an estimated $10.8M.
- 73 institutional investors held Calamos Convertible Opportunities and Income Fund (CHI) as of Q1 2014, up from 71 in Q4 2013.
- Funds reported $125M of Calamos Convertible Opportunities and Income Fund stock for Q1 2014, up 0.74% quarter-over-quarter.
- 10 funds opened new Calamos Convertible Opportunities and Income Fund positions in Q1 2014 and 8 closed out, a net change of +2 holders.
- The largest Calamos Convertible Opportunities and Income Fund buyer in Q1 2014 was First Allied Asset Management, an estimated $3.21M added.
- The largest Calamos Convertible Opportunities and Income Fund seller in Q1 2014 was LPL Financial, an estimated $10.8M sold.
Based on aggregated 13F filings for Q1 2014.