Calamos Convertible Opportunities and Income Fund
90 hedge funds and large institutions have $114M invested in Calamos Convertible Opportunities and Income Fund in 2016 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 24 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
50% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 24
7% more funds holding
Funds holding: 84 → 90 (+6)
3.33% less ownership
Funds ownership: 19.67% → 16.34% (-3.3%)
13% less capital invested
Capital invested by funds: $130M → $114M (-$16.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$2.31M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$820K |
| 3 |
LPL Financial
San Diego,
California
|
+$473K |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$364K |
| 5 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
+$309K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$20.9M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.06M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.52M |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.08M |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
-$999K |
CHI Hedge Fund Activity: Q3 2016 in Review
90 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible Opportunities and Income Fund (CHI) for Q3 2016, worth a combined $114M — down 13% from $130M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CHI positions and 7 closed out — a net gain of 6 holders — while 36 added to existing stakes and 24 trimmed.
The largest buyer was Cetera Advisor Networks, adding an estimated $2.31M. The largest seller was Rivernorth Capital Management, cutting an estimated $20.9M.
- 90 institutional investors held Calamos Convertible Opportunities and Income Fund (CHI) as of Q3 2016, up from 84 in Q2 2016.
- Funds reported $114M of Calamos Convertible Opportunities and Income Fund stock for Q3 2016, down 13% quarter-over-quarter.
- 13 funds opened new Calamos Convertible Opportunities and Income Fund positions in Q3 2016 and 7 closed out, a net change of +6 holders.
- The largest Calamos Convertible Opportunities and Income Fund buyer in Q3 2016 was Cetera Advisor Networks, an estimated $2.31M added.
- The largest Calamos Convertible Opportunities and Income Fund seller in Q3 2016 was Rivernorth Capital Management, an estimated $20.9M sold.
Based on aggregated 13F filings for Q3 2016.