Calamos Convertible and High Income Fund
97 hedge funds and large institutions have $154M invested in Calamos Convertible and High Income Fund in 2020 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 35 increasing their positions, 29 reducing their positions, and 7 closing their positions.
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
21% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 29
16% more capital invested
Capital invested by funds: $133M → $154M (+$21M)
13% more funds holding
Funds holding: 86 → 97 (+11)
1.88% more ownership
Funds ownership: 15.99% → 17.87% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.83M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.23M |
| 3 |
Cohen & Steers
New York
|
+$2.19M |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$2.18M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.24M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$875K |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$724K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$484K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$299K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SF
101
Synovus Financial
Columbus,
Georgia
| – | -$29K | -2,543 | Closed |
|
|
BFEC
102
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$5K | -445 | Closed |
|
|
CFB
103
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$5K | -400 | Closed |
|
104
JP Morgan Chase
New York
| – | -$3K | -300 | Closed |
|
CHY Hedge Fund Activity: Q3 2020 in Review
97 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q3 2020, worth a combined $154M — up 16% from $133M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new CHY positions and 7 closed out — a net gain of 11 holders — while 35 added to existing stakes and 29 trimmed.
The largest buyer was Bank of America, adding an estimated $3.83M. The largest seller was Guggenheim Capital, cutting an estimated $1.24M.
- 97 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q3 2020, up from 86 in Q2 2020.
- Funds reported $154M of Calamos Convertible and High Income Fund stock for Q3 2020, up 16% quarter-over-quarter.
- 18 funds opened new Calamos Convertible and High Income Fund positions in Q3 2020 and 7 closed out, a net change of +11 holders.
- The largest Calamos Convertible and High Income Fund buyer in Q3 2020 was Bank of America, an estimated $3.83M added.
- The largest Calamos Convertible and High Income Fund seller in Q3 2020 was Guggenheim Capital, an estimated $1.24M sold.
Based on aggregated 13F filings for Q3 2020.