Calamos Convertible and High Income Fund
94 hedge funds and large institutions have $131M invested in Calamos Convertible and High Income Fund in 2013 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 26 increasing their positions, 32 reducing their positions, and 10 closing their positions.
120% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 10
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
11% more funds holding
Funds holding: 85 → 94 (+9)
8% more capital invested
Capital invested by funds: $121M → $131M (+$10M)
0.62% more ownership
Funds ownership: 13.47% → 14.09% (+0.62%)
19% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$7.06M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.15M |
| 3 |
SG Americas Securities
New York
|
+$1.12M |
| 4 |
LPL Financial
San Diego,
California
|
+$638K |
| 5 |
Jane Street
New York
|
+$599K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.46M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.22M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.04M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$962K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$812K |
CHY Hedge Fund Activity: Q4 2013 in Review
94 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q4 2013, worth a combined $131M — up 8.2% from $121M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CHY positions and 10 closed out — a net gain of 12 holders — while 26 added to existing stakes and 32 trimmed.
The largest buyer was Eaton Vance Management, opening a new position worth an estimated $7.06M. The largest seller was Wells Fargo, cutting an estimated $1.46M.
- 94 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q4 2013, up from 85 in Q3 2013.
- Funds reported $131M of Calamos Convertible and High Income Fund stock for Q4 2013, up 8.2% quarter-over-quarter.
- 22 funds opened new Calamos Convertible and High Income Fund positions in Q4 2013 and 10 closed out, a net change of +12 holders.
- The largest Calamos Convertible and High Income Fund buyer in Q4 2013 was Eaton Vance Management, an estimated $7.06M added.
- The largest Calamos Convertible and High Income Fund seller in Q4 2013 was Wells Fargo, an estimated $1.46M sold.
Based on aggregated 13F filings for Q4 2013.