Calamos Convertible and High Income Fund
93 hedge funds and large institutions have $107M invested in Calamos Convertible and High Income Fund in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 30 increasing their positions, 30 reducing their positions, and 14 closing their positions.
1% more funds holding
Funds holding: 92 → 93 (+1)
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 30
0.17% less ownership
Funds ownership: 13.73% → 13.56% (-0.17%)
19% less capital invested
Capital invested by funds: $132M → $107M (-$24.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.65M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$2.46M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.06M |
| 4 |
NEIRG
New England Investment & Retirement Group
North Andover,
Massachusetts
|
+$2.06M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$7.7M |
| 2 |
LPL Financial
San Diego,
California
|
-$4.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.21M |
| 4 |
MCC
Mid Continent Capital
Chicago,
Illinois
|
-$903K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$866K |
CHY Hedge Fund Activity: Q3 2015 in Review
93 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q3 2015, worth a combined $107M — down 19% from $132M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new CHY positions and 14 closed out — a net gain of 1 holder — while 30 added to existing stakes and 30 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $2.65M. The largest seller was Wells Fargo, cutting an estimated $7.7M.
- 93 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q3 2015, up from 92 in Q2 2015.
- Funds reported $107M of Calamos Convertible and High Income Fund stock for Q3 2015, down 19% quarter-over-quarter.
- 15 funds opened new Calamos Convertible and High Income Fund positions in Q3 2015 and 14 closed out, a net change of +1 holder.
- The largest Calamos Convertible and High Income Fund buyer in Q3 2015 was Wolverine Asset Management, an estimated $2.65M added.
- The largest Calamos Convertible and High Income Fund seller in Q3 2015 was Wells Fargo, an estimated $7.7M sold.
Based on aggregated 13F filings for Q3 2015.