Calamos Convertible Opportunities and Income Fund
82 hedge funds and large institutions have $145M invested in Calamos Convertible Opportunities and Income Fund in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 33 increasing their positions, 25 reducing their positions, and 14 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 25
2.02% more ownership
Funds ownership: 20.69% → 22.72% (+2%)
5% more capital invested
Capital invested by funds: $138M → $145M (+$6.59M)
10% less funds holding
Funds holding: 91 → 82 (-9)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$8.38M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.12M |
| 3 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$3.01M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.68M |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.13M |
| 2 |
Squarepoint
New York
|
-$1.26M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.09M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.05M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$898K |
CHI Hedge Fund Activity: Q1 2016 in Review
82 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible Opportunities and Income Fund (CHI) for Q1 2016, worth a combined $145M — up 4.8% from $138M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of CHI and 6 opened new positions — a net loss of 8 holders — while 25 trimmed existing stakes and 33 added.
The largest buyer was Wells Fargo, adding an estimated $8.38M. The largest seller was Morgan Stanley, cutting an estimated $2.13M.
- 82 institutional investors held Calamos Convertible Opportunities and Income Fund (CHI) as of Q1 2016, down from 91 in Q4 2015.
- Funds reported $145M of Calamos Convertible Opportunities and Income Fund stock for Q1 2016, up 4.8% quarter-over-quarter.
- 6 funds opened new Calamos Convertible Opportunities and Income Fund positions in Q1 2016 and 14 closed out, a net change of -8 holders.
- The largest Calamos Convertible Opportunities and Income Fund buyer in Q1 2016 was Wells Fargo, an estimated $8.38M added.
- The largest Calamos Convertible Opportunities and Income Fund seller in Q1 2016 was Morgan Stanley, an estimated $2.13M sold.
Based on aggregated 13F filings for Q1 2016.