Calamos Convertible and High Income Fund
89 hedge funds and large institutions have $100M invested in Calamos Convertible and High Income Fund in 2018 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 25 increasing their positions, 28 reducing their positions, and 17 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
1% more funds holding
Funds holding: 88 → 89 (+1)
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
0.87% more ownership
Funds ownership: 13.73% → 14.6% (+0.87%)
11% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 28
26% less capital invested
Capital invested by funds: $135M → $100M (-$34.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
+$16.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.07M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.81M |
| 4 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$1.02M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$788K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NEIRG
New England Investment & Retirement Group
North Andover,
Massachusetts
|
-$5.19M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$3.66M |
| 3 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$3.57M |
| 4 |
Morgan Stanley
New York
|
-$3.23M |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$2.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAG
101
Csenge Advisory Group
Clearwater,
Florida
| – | -$4K | -439 | Closed |
|
|
BC
102
Bartlett & Co
Cincinnati,
Ohio
| – | -$3K | -203 | Closed |
|
|
BCWM
103
Bartlett & Co Wealth Management
Cincinnati,
Ohio
| – | -$2.69K | -203 | Closed |
|
104
Fidelity Investments
Boston,
Massachusetts
| – | +$21 | +2 | +200% |
|
CHY Hedge Fund Activity: Q4 2018 in Review
89 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q4 2018, worth a combined $100M — down 26% from $135M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new CHY positions and 17 closed out — a net gain of 1 holder — while 25 added to existing stakes and 28 trimmed.
The largest buyer was Cornerstone Advisory, opening a new position worth an estimated $16.3M. The largest seller was New England Investment & Retirement Group, exiting entirely with an estimated $5.19M sold.
- 89 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q4 2018, up from 88 in Q3 2018.
- Funds reported $100M of Calamos Convertible and High Income Fund stock for Q4 2018, down 26% quarter-over-quarter.
- 18 funds opened new Calamos Convertible and High Income Fund positions in Q4 2018 and 17 closed out, a net change of +1 holder.
- The largest Calamos Convertible and High Income Fund buyer in Q4 2018 was Cornerstone Advisory, an estimated $16.3M added.
- The largest Calamos Convertible and High Income Fund seller in Q4 2018 was New England Investment & Retirement Group, an estimated $5.19M sold.
Based on aggregated 13F filings for Q4 2018.