Calamos Convertible and High Income Fund
85 hedge funds and large institutions have $121M invested in Calamos Convertible and High Income Fund in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 33 increasing their positions, 27 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
22% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 27
13% more funds holding
Funds holding: 75 → 85 (+10)
2% more capital invested
Capital invested by funds: $119M → $121M (+$1.95M)
0.1% more ownership
Funds ownership: 13.36% → 13.47% (+0.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DBIA
Dumont & Blake Investment Advisors
Princeton,
New Jersey
|
+$2.93M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$950K |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$632K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$556K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$439K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.21M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$717K |
| 4 |
Morgan Stanley
New York
|
-$433K |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
-$408K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SF
76
Synovus Financial
Columbus,
Georgia
| $14K | +$284 | +23 | +2% |
|
77
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $13K | – | – | – |
|
|
HR
78
Howe & Rusling
Rochester,
New York
| $12K | -$136K | -11,000 | -92% |
|
|
WCM
79
Windsor Capital Management
Phoenix,
Arizona
| $11K | – | – | – |
|
|
WT
80
Whittier Trust
South Pasadena,
California
| $10K | – | – | – |
|
|
SFS
81
Signator Financial Services
Boston,
Massachusetts
| $8K | – | – | – |
|
|
1IC
82
1919 Investment Counsel
Baltimore,
Maryland
| $7K | – | – | – |
|
|
TRCT
83
Tower Research Capital (TRC)
New York
| $6K | -$5.85K | -473 | -49% |
|
|
FWM
84
Focused Wealth Management
Newburgh,
New York
| $6K | +$6.18K | +500 | New |
|
|
OFG
85
OTA Financial Group
Purchase,
New York
| $208 | -$408K | -33,014 | -66% |
|
|
BIM
86
BlackRock Investment Management
Wilmington,
Delaware
| – | -$50K | -4,000 | Closed |
|
|
WC
87
Whitnell & Co
Oak Brook,
Illinois
| – | -$9K | -705 | Closed |
|
CHY Hedge Fund Activity: Q3 2013 in Review
85 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q3 2013, worth a combined $121M — up 1.6% from $119M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CHY positions and 2 closed out — a net gain of 10 holders — while 33 added to existing stakes and 27 trimmed.
The largest buyer was Dumont & Blake Investment Advisors, opening a new position worth an estimated $2.93M. The largest seller was Guggenheim Capital, cutting an estimated $3.1M.
- 85 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q3 2013, up from 75 in Q2 2013.
- Funds reported $121M of Calamos Convertible and High Income Fund stock for Q3 2013, up 1.6% quarter-over-quarter.
- 12 funds opened new Calamos Convertible and High Income Fund positions in Q3 2013 and 2 closed out, a net change of +10 holders.
- The largest Calamos Convertible and High Income Fund buyer in Q3 2013 was Dumont & Blake Investment Advisors, an estimated $2.93M added.
- The largest Calamos Convertible and High Income Fund seller in Q3 2013 was Guggenheim Capital, an estimated $3.1M sold.
Based on aggregated 13F filings for Q3 2013.