Calamos Convertible and High Income Fund
86 hedge funds and large institutions have $122M invested in Calamos Convertible and High Income Fund in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 36 increasing their positions, 20 reducing their positions, and 9 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 20
1% more capital invested
Capital invested by funds: $121M → $122M (+$668K)
0.12% more ownership
Funds ownership: 14.99% → 15.11% (+0.12%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 90 → 86 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.08M |
| 2 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$1.07M |
| 3 |
Morgan Stanley
New York
|
+$848K |
| 4 |
MCP
Mirador Capital Partners
Pleasanton,
California
|
+$653K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$320K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$1.13M |
| 2 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
-$1.1M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$419K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$360K |
| 5 |
Millennium Management
New York
|
-$333K |
CHY Hedge Fund Activity: Q3 2019 in Review
86 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q3 2019, worth a combined $122M — up 0.55% from $121M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CHY and 5 opened new positions — a net loss of 4 holders — while 20 trimmed existing stakes and 36 added.
The largest buyer was Advisors Asset Management, adding an estimated $1.08M. The largest seller was Seizert Capital Partners, exiting entirely with an estimated $1.13M sold.
- 86 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q3 2019, down from 90 in Q2 2019.
- Funds reported $122M of Calamos Convertible and High Income Fund stock for Q3 2019, up 0.55% quarter-over-quarter.
- 5 funds opened new Calamos Convertible and High Income Fund positions in Q3 2019 and 9 closed out, a net change of -4 holders.
- The largest Calamos Convertible and High Income Fund buyer in Q3 2019 was Advisors Asset Management, an estimated $1.08M added.
- The largest Calamos Convertible and High Income Fund seller in Q3 2019 was Seizert Capital Partners, an estimated $1.13M sold.
Based on aggregated 13F filings for Q3 2019.