Calamos Convertible and High Income Fund
94 hedge funds and large institutions have $133M invested in Calamos Convertible and High Income Fund in 2019 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 26 reducing their positions, and 8 closing their positions.
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
15% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 26
9% more funds holding
Funds holding: 86 → 94 (+8)
9% more capital invested
Capital invested by funds: $122M → $133M (+$11.1M)
0.79% more ownership
Funds ownership: 15.11% → 15.9% (+0.79%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$4.52M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.22M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$902K |
| 4 |
LPL Financial
San Diego,
California
|
+$861K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$760K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
-$3.7M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$821K |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$808K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$498K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$319K |
CHY Hedge Fund Activity: Q4 2019 in Review
94 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q4 2019, worth a combined $133M — up 9.1% from $122M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CHY positions and 8 closed out — a net gain of 8 holders — while 30 added to existing stakes and 26 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $4.52M. The largest seller was Cornerstone Advisory, cutting an estimated $3.7M.
- 94 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q4 2019, up from 86 in Q3 2019.
- Funds reported $133M of Calamos Convertible and High Income Fund stock for Q4 2019, up 9.1% quarter-over-quarter.
- 16 funds opened new Calamos Convertible and High Income Fund positions in Q4 2019 and 8 closed out, a net change of +8 holders.
- The largest Calamos Convertible and High Income Fund buyer in Q4 2019 was Virtu Financial, an estimated $4.52M added.
- The largest Calamos Convertible and High Income Fund seller in Q4 2019 was Cornerstone Advisory, an estimated $3.7M sold.
Based on aggregated 13F filings for Q4 2019.