Calamos Convertible and High Income Fund
106 hedge funds and large institutions have $144M invested in Calamos Convertible and High Income Fund in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 33 increasing their positions, 39 reducing their positions, and 17 closing their positions.
1% more capital invested
Capital invested by funds: $142M → $144M (+$2M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.61% less ownership
Funds ownership: 17.5% → 16.89% (-0.61%)
9% less funds holding
Funds holding: 117 → 106 (-11)
15% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 39
59% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.11M |
| 2 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
+$562K |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$493K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$481K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$436K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$2.88M |
| 2 |
Morgan Stanley
New York
|
-$2.64M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.53M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.14M |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$377K |
CHY Hedge Fund Activity: Q2 2023 in Review
106 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q2 2023, worth a combined $144M — up 1.4% from $142M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of CHY and 7 opened new positions — a net loss of 10 holders — while 39 trimmed existing stakes and 33 added.
The largest buyer was LPL Financial, adding an estimated $3.11M. The largest seller was Cetera Advisor Networks, cutting an estimated $2.88M.
- 106 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q2 2023, down from 117 in Q1 2023.
- Funds reported $144M of Calamos Convertible and High Income Fund stock for Q2 2023, up 1.4% quarter-over-quarter.
- 7 funds opened new Calamos Convertible and High Income Fund positions in Q2 2023 and 17 closed out, a net change of -10 holders.
- The largest Calamos Convertible and High Income Fund buyer in Q2 2023 was LPL Financial, an estimated $3.11M added.
- The largest Calamos Convertible and High Income Fund seller in Q2 2023 was Cetera Advisor Networks, an estimated $2.88M sold.
Based on aggregated 13F filings for Q2 2023.