Calamos Convertible Opportunities and Income Fund
98 hedge funds and large institutions have $155M invested in Calamos Convertible Opportunities and Income Fund in 2020 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 22 reducing their positions, and 7 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 22
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
8% more capital invested
Capital invested by funds: $144M → $155M (+$10.8M)
4% more funds holding
Funds holding: 94 → 98 (+4)
0.76% more ownership
Funds ownership: 19.07% → 19.83% (+0.76%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.66M |
| 2 |
Cohen & Steers
New York
|
+$1.93M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.78M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.01M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$968K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.21M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.12M |
| 3 |
MGWM
Marks Group Wealth Management
Minnetonka,
Minnesota
|
-$1.1M |
| 4 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
-$982K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$738K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WCM
101
Windsor Capital Management
Phoenix,
Arizona
| – | -$131K | -12,368 | Closed |
|
|
DP
102
Dearborn Partners
Chicago,
Illinois
| – | -$111K | -10,397 | Closed |
|
|
APWA
103
Atlas Private Wealth Advisors
Matawan,
New Jersey
| – | -$27K | -2,500 | Closed |
|
104
Citigroup
New York
| – | -$3K | -248 | Closed |
|
CHI Hedge Fund Activity: Q3 2020 in Review
98 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible Opportunities and Income Fund (CHI) for Q3 2020, worth a combined $155M — up 7.5% from $144M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CHI positions and 7 closed out — a net gain of 4 holders — while 37 added to existing stakes and 22 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $3.66M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $1.21M sold.
- 98 institutional investors held Calamos Convertible Opportunities and Income Fund (CHI) as of Q3 2020, up from 94 in Q2 2020.
- Funds reported $155M of Calamos Convertible Opportunities and Income Fund stock for Q3 2020, up 7.5% quarter-over-quarter.
- 11 funds opened new Calamos Convertible Opportunities and Income Fund positions in Q3 2020 and 7 closed out, a net change of +4 holders.
- The largest Calamos Convertible Opportunities and Income Fund buyer in Q3 2020 was Rivernorth Capital Management, an estimated $3.66M added.
- The largest Calamos Convertible Opportunities and Income Fund seller in Q3 2020 was Parametric Portfolio Associates, an estimated $1.21M sold.
Based on aggregated 13F filings for Q3 2020.