Calamos Convertible Opportunities and Income Fund
99 hedge funds and large institutions have $113M invested in Calamos Convertible Opportunities and Income Fund in 2019 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 35 increasing their positions, 28 reducing their positions, and 9 closing their positions.
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
25% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 28
8% more funds holding
Funds holding: 92 → 99 (+7)
6% more capital invested
Capital invested by funds: $106M → $113M (+$6.85M)
1.37% less ownership
Funds ownership: 17.04% → 15.67% (-1.4%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.56M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.56M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.16M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.08M |
| 5 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
+$890K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBFG
Vishria Bird Financial Group
Memphis,
Tennessee
|
-$6.5M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.22M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.57M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.15M |
| 5 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
-$842K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
101
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$4.22M | -481,936 | Closed |
|
|
WAM
102
Weiss Asset Management
Boston,
Massachusetts
| – | -$1.57M | -177,476 | Closed |
|
|
LCM
103
Landscape Capital Management
Englewood,
New Jersey
| – | -$520K | -58,744 | Closed |
|
104
Jane Street
New York
| – | -$327K | -36,937 | Closed |
|
|
AA
105
AQR Arbitrage
Greenwich,
Connecticut
| – | -$261K | -29,464 | Closed |
|
|
CRC
106
Curi RMB Capital
Chicago,
Illinois
| – | -$246K | -27,800 | Closed |
|
|
AWM
107
Avior Wealth Management
Omaha,
Nebraska
| – | -$3K | -403 | Closed |
|
|
CA
108
Claro Advisors
Boston,
Massachusetts
| – | -$1K | -100 | Closed |
|
109
Fidelity Investments
Boston,
Massachusetts
| – | -$30 | -3 | -75% |
|
|
CFB
110
Cullen/Frost Bankers
San Antonio,
Texas
| – | +$80 | +8 | New |
|
CHI Hedge Fund Activity: Q1 2019 in Review
99 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible Opportunities and Income Fund (CHI) for Q1 2019, worth a combined $113M — up 6.5% from $106M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new CHI positions and 9 closed out — a net gain of 9 holders — while 35 added to existing stakes and 28 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $2.56M. The largest seller was Vishria Bird Financial Group, exiting entirely with an estimated $6.5M sold.
- 99 institutional investors held Calamos Convertible Opportunities and Income Fund (CHI) as of Q1 2019, up from 92 in Q4 2018.
- Funds reported $113M of Calamos Convertible Opportunities and Income Fund stock for Q1 2019, up 6.5% quarter-over-quarter.
- 18 funds opened new Calamos Convertible Opportunities and Income Fund positions in Q1 2019 and 9 closed out, a net change of +9 holders.
- The largest Calamos Convertible Opportunities and Income Fund buyer in Q1 2019 was Advisors Asset Management, an estimated $2.56M added.
- The largest Calamos Convertible Opportunities and Income Fund seller in Q1 2019 was Vishria Bird Financial Group, an estimated $6.5M sold.
Based on aggregated 13F filings for Q1 2019.