Calamos Convertible and High Income Fund
83 hedge funds and large institutions have $130M invested in Calamos Convertible and High Income Fund in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 31 increasing their positions, 26 reducing their positions, and 7 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
19% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 26
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
2% more capital invested
Capital invested by funds: $127M → $130M (+$3.01M)
0.04% less ownership
Funds ownership: 12.74% → 12.7% (-0.04%)
1% less funds holding
Funds holding: 84 → 83 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.79M |
| 2 |
Morgan Stanley
New York
|
+$2.32M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.14M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$550K |
| 5 |
LPL Financial
San Diego,
California
|
+$376K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$3.15M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.89M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.71M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.17M |
| 5 |
JWM
Jackson Wealth Management
Lake Mary,
Florida
|
-$378K |
CHY Hedge Fund Activity: Q1 2015 in Review
83 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q1 2015, worth a combined $130M — up 2.4% from $127M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CHY positions and 7 closed out — a net gain of 1 holder — while 31 added to existing stakes and 26 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.79M. The largest seller was Parametric Portfolio Associates, cutting an estimated $3.15M.
- 83 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q1 2015, down from 84 in Q4 2014.
- Funds reported $130M of Calamos Convertible and High Income Fund stock for Q1 2015, up 2.4% quarter-over-quarter.
- 8 funds opened new Calamos Convertible and High Income Fund positions in Q1 2015 and 7 closed out, a net change of +1 holder.
- The largest Calamos Convertible and High Income Fund buyer in Q1 2015 was Wells Fargo, an estimated $2.79M added.
- The largest Calamos Convertible and High Income Fund seller in Q1 2015 was Parametric Portfolio Associates, an estimated $3.15M sold.
Based on aggregated 13F filings for Q1 2015.