Calamos Convertible Opportunities and Income Fund
CHI
96 hedge funds and large institutions have $122M invested in Calamos Convertible Opportunities and Income Fund in 2016 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 30 increasing their positions, 31 reducing their positions, and 11 closing their positions.
115% more capital inflows, than outflows
Capital inflows: $20.2M | Capital outflows: $9.38M
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
5% more funds holding
Funds holding: 91 → 96 (+5)
0.83% more ownership
Funds ownership: 16.35% → 17.18% (+0.83%)
3% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$9.9M |
| 2 |
Millennium Management
New York
|
+$3.2M |
| 3 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.31M |
| 4 |
Shaker Financial Services
Arlington,
Virginia
|
+$939K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$688K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Advisor Networks
El Segundo,
California
|
-$2.27M |
| 2 |
Morgan Stanley
New York
|
-$1.24M |
| 3 |
Merriman Wealth Management
Seattle,
Washington
|
-$1.08M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$840K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$649K |
CHI Hedge Fund Activity: Q4 2016 in Review
96 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible Opportunities and Income Fund (CHI) for Q4 2016, worth a combined $122M — up 7.1% from $114M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new CHI positions and 11 closed out — a net gain of 7 holders — while 30 added to existing stakes and 31 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $9.9M. The largest seller was Cetera Advisor Networks, cutting an estimated $2.27M.
- 96 institutional investors held Calamos Convertible Opportunities and Income Fund (CHI) as of Q4 2016, up from 91 in Q3 2016.
- Funds reported $122M of Calamos Convertible Opportunities and Income Fund stock for Q4 2016, up 7.1% quarter-over-quarter.
- 18 funds opened new Calamos Convertible Opportunities and Income Fund positions in Q4 2016 and 11 closed out, a net change of +7 holders.
- The largest Calamos Convertible Opportunities and Income Fund buyer in Q4 2016 was Rivernorth Capital Management, an estimated $9.9M added.
- The largest Calamos Convertible Opportunities and Income Fund seller in Q4 2016 was Cetera Advisor Networks, an estimated $2.27M sold.
Based on aggregated 13F filings for Q4 2016.