Calamos Convertible and High Income Fund
89 hedge funds and large institutions have $98.3M invested in Calamos Convertible and High Income Fund in 2016 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 39 increasing their positions, 16 reducing their positions, and 15 closing their positions.
144% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 16
1.51% less ownership
Funds ownership: 14.34% → 12.83% (-1.5%)
5% less funds holding
Funds holding: 94 → 89 (-5)
8% less capital invested
Capital invested by funds: $107M → $98.3M (-$8.87M)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$772K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$664K |
| 3 |
Cohen & Steers
New York
|
+$583K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$507K |
| 5 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
+$484K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$5.74M |
| 2 |
AIG
American International Group
New York
|
-$4.14M |
| 3 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$3.3M |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$2.67M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.28M |
CHY Hedge Fund Activity: Q2 2016 in Review
89 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q2 2016, worth a combined $98.3M — down 8.3% from $107M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of CHY and 11 opened new positions — a net loss of 4 holders — while 16 trimmed existing stakes and 39 added.
The largest buyer was Ameriprise, adding an estimated $772K. The largest seller was LPL Financial, cutting an estimated $5.74M.
- 89 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q2 2016, down from 94 in Q1 2016.
- Funds reported $98.3M of Calamos Convertible and High Income Fund stock for Q2 2016, down 8.3% quarter-over-quarter.
- 11 funds opened new Calamos Convertible and High Income Fund positions in Q2 2016 and 15 closed out, a net change of -4 holders.
- The largest Calamos Convertible and High Income Fund buyer in Q2 2016 was Ameriprise, an estimated $772K added.
- The largest Calamos Convertible and High Income Fund seller in Q2 2016 was LPL Financial, an estimated $5.74M sold.
Based on aggregated 13F filings for Q2 2016.