Calamos Convertible and High Income Fund
88 hedge funds and large institutions have $105M invested in Calamos Convertible and High Income Fund in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 39 increasing their positions, 17 reducing their positions, and 9 closing their positions.
129% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 17
7% more capital invested
Capital invested by funds: $98.3M → $105M (+$7M)
0.41% more ownership
Funds ownership: 12.83% → 13.24% (+0.41%)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
1% less funds holding
Funds holding: 89 → 88 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.68M |
| 2 |
Cohen & Steers
New York
|
+$1.41M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.2M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.02M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$868K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.33M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$1.05M |
| 3 |
Citigroup
New York
|
-$518K |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$452K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
-$334K |
CHY Hedge Fund Activity: Q3 2016 in Review
88 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q3 2016, worth a combined $105M — up 7.1% from $98.3M a quarter earlier.
Fund positioning in CHY was balanced in Q3 2016: 9 funds opened new positions, 9 closed out, 39 added to existing stakes and 17 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.68M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $3.33M sold.
- 88 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q3 2016, down from 89 in Q2 2016.
- Funds reported $105M of Calamos Convertible and High Income Fund stock for Q3 2016, up 7.1% quarter-over-quarter.
- 9 funds opened new Calamos Convertible and High Income Fund positions in Q3 2016 and 9 closed out, a net change of 0 holders.
- The largest Calamos Convertible and High Income Fund buyer in Q3 2016 was LPL Financial, an estimated $1.68M added.
- The largest Calamos Convertible and High Income Fund seller in Q3 2016 was Rivernorth Capital Management, an estimated $3.33M sold.
Based on aggregated 13F filings for Q3 2016.