Calamos Convertible Opportunities and Income Fund
108 hedge funds and large institutions have $201M invested in Calamos Convertible Opportunities and Income Fund in 2021 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 42 increasing their positions, 32 reducing their positions, and 15 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 32
0% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 15
1% less capital invested
Capital invested by funds: $203M → $201M (-$2.41M)
1.25% less ownership
Funds ownership: 21.17% → 19.92% (-1.3%)
3% less funds holding
Funds holding: 111 → 108 (-3)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.51M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.37M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.67M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.65M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$915K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$9.35M |
| 2 |
Cohen & Steers
New York
|
-$9.05M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.25M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$2.48M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.37M |
CHI Hedge Fund Activity: Q1 2021 in Review
108 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible Opportunities and Income Fund (CHI) for Q1 2021, worth a combined $201M — down 1.2% from $203M a quarter earlier.
Fund positioning in CHI was balanced in Q1 2021: 15 funds opened new positions, 15 closed out, 42 added to existing stakes and 32 trimmed.
The largest buyer was Bank of America, adding an estimated $5.51M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $9.35M sold.
- 108 institutional investors held Calamos Convertible Opportunities and Income Fund (CHI) as of Q1 2021, down from 111 in Q4 2020.
- Funds reported $201M of Calamos Convertible Opportunities and Income Fund stock for Q1 2021, down 1.2% quarter-over-quarter.
- 15 funds opened new Calamos Convertible Opportunities and Income Fund positions in Q1 2021 and 15 closed out, a net change of 0 holders.
- The largest Calamos Convertible Opportunities and Income Fund buyer in Q1 2021 was Bank of America, an estimated $5.51M added.
- The largest Calamos Convertible Opportunities and Income Fund seller in Q1 2021 was Rivernorth Capital Management, an estimated $9.35M sold.
Based on aggregated 13F filings for Q1 2021.