Calamos Convertible and High Income Fund
83 hedge funds and large institutions have $112M invested in Calamos Convertible and High Income Fund in 2018 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 20 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
40% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 20
4% more funds holding
Funds holding: 80 → 83 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.27% less ownership
Funds ownership: 13.41% → 13.14% (-0.27%)
3% less capital invested
Capital invested by funds: $115M → $112M (-$3.33M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.05M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$789K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$549K |
| 4 |
LPL Financial
San Diego,
California
|
+$514K |
| 5 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
+$396K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QFA
Quattro Financial Advisors
The Woodlands,
Texas
|
-$2.12M |
| 2 |
Morgan Stanley
New York
|
-$1.24M |
| 3 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
-$854K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$740K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$524K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFA
76
Carroll Financial Associates
Charlotte,
North Carolina
| $10K | – | – | – |
|
77
Envestnet Asset Management
Chicago,
Illinois
| $9K | +$8.59K | +725 | +72,500% |
|
78
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $7K | -$6.52K | -550 | -49% |
|
|
PO
79
Private Ocean
San Rafael,
California
| $7K | +$7.89K | +666 | New |
|
|
HNB
80
Huntington National Bank
Columbus,
Ohio
| $6K | – | – | – |
|
|
BFEC
81
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $5K | – | – | – |
|
|
LWA
82
Lenox Wealth Advisors
New York
| $4K | – | – | – |
|
|
QFA
83
Quattro Financial Advisors
The Woodlands,
Texas
| – | -$2.12M | -176,617 | Closed |
|
|
IH
84
IFC Holdings
Tampa,
Florida
| – | -$342K | -29,038 | Closed |
|
85
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$343K | -28,907 | Closed |
|
|
CAN
86
Cetera Advisor Networks
El Segundo,
California
| – | -$224K | -18,885 | Closed |
|
|
IFWM
87
Institute for Wealth Management
Denver,
Colorado
| – | -$200K | -16,912 | Closed |
|
|
CFG
88
Citizens Financial Group
Providence,
Rhode Island
| – | -$40K | -3,416 | Closed |
|
CHY Hedge Fund Activity: Q1 2018 in Review
83 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q1 2018, worth a combined $112M — down 2.9% from $115M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CHY positions and 7 closed out — a net gain of 3 holders — while 28 added to existing stakes and 20 trimmed.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $2.05M. The largest seller was Quattro Financial Advisors, exiting entirely with an estimated $2.12M sold.
- 83 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q1 2018, up from 80 in Q4 2017.
- Funds reported $112M of Calamos Convertible and High Income Fund stock for Q1 2018, down 2.9% quarter-over-quarter.
- 10 funds opened new Calamos Convertible and High Income Fund positions in Q1 2018 and 7 closed out, a net change of +3 holders.
- The largest Calamos Convertible and High Income Fund buyer in Q1 2018 was Cambridge Investment Research Advisors, an estimated $2.05M added.
- The largest Calamos Convertible and High Income Fund seller in Q1 2018 was Quattro Financial Advisors, an estimated $2.12M sold.
Based on aggregated 13F filings for Q1 2018.