Calamos Convertible Opportunities and Income Fund
92 hedge funds and large institutions have $106M invested in Calamos Convertible Opportunities and Income Fund in 2018 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 24 increasing their positions, 29 reducing their positions, and 16 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
2.59% more ownership
Funds ownership: 14.45% → 17.04% (+2.6%)
2% more funds holding
Funds holding: 90 → 92 (+2)
14% less capital invested
Capital invested by funds: $123M → $106M (-$17M)
17% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.8M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.75M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.19M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.79M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.56M |
| 2 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$1.41M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$828K |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$476K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$354K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWP
101
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$61K | -5,080 | Closed |
|
|
MMG
102
Monetary Management Group
St Louis,
Missouri
| – | -$60K | -5,000 | Closed |
|
|
SPIA
103
Steward Partners Investment Advisory
New York
| – | -$43K | -3,581 | Closed |
|
|
AIP
104
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$30K | -2,500 | Closed |
|
|
SFM
105
Signet Financial Management
Parsippany,
New Jersey
| – | -$25K | -2,080 | Closed |
|
|
LIA
106
LS Investment Advisors
Bloomfield Hills,
Michigan
| – | -$24K | -2,000 | Closed |
|
|
LFA
107
Legacy Financial Advisors
Covington,
Kentucky
| – | -$12K | -1,029 | Closed |
|
|
PMFA
108
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$3K | -230 | Closed |
|
|
HI
109
Hudock Inc
Williamsport,
Pennsylvania
| – | -$1K | -109 | Closed |
|
110
Fidelity Investments
Boston,
Massachusetts
| – | +$40 | +4 | New |
|
CHI Hedge Fund Activity: Q4 2018 in Review
92 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible Opportunities and Income Fund (CHI) for Q4 2018, worth a combined $106M — down 14% from $123M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new CHI positions and 16 closed out — a net gain of 5 holders — while 24 added to existing stakes and 29 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $4.8M. The largest seller was Baird Financial Group, cutting an estimated $1.56M.
- 92 institutional investors held Calamos Convertible Opportunities and Income Fund (CHI) as of Q4 2018, up from 90 in Q3 2018.
- Funds reported $106M of Calamos Convertible Opportunities and Income Fund stock for Q4 2018, down 14% quarter-over-quarter.
- 21 funds opened new Calamos Convertible Opportunities and Income Fund positions in Q4 2018 and 16 closed out, a net change of +5 holders.
- The largest Calamos Convertible Opportunities and Income Fund buyer in Q4 2018 was Rivernorth Capital Management, an estimated $4.8M added.
- The largest Calamos Convertible Opportunities and Income Fund seller in Q4 2018 was Baird Financial Group, an estimated $1.56M sold.
Based on aggregated 13F filings for Q4 2018.