Calamos Convertible and High Income Fund
105 hedge funds and large institutions have $194M invested in Calamos Convertible and High Income Fund in 2020 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 43 increasing their positions, 28 reducing their positions, and 7 closing their positions.
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
54% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 28
26% more capital invested
Capital invested by funds: $154M → $194M (+$40.5M)
8% more funds holding
Funds holding: 97 → 105 (+8)
0.63% more ownership
Funds ownership: 17.87% → 18.5% (+0.63%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$2.14M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.23M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$750K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$714K |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$672K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.08M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$833K |
| 3 |
LPL Financial
San Diego,
California
|
-$626K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$625K |
| 5 |
Morgan Stanley
New York
|
-$397K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OIM
101
Oder Investment Management
Woodland Hills,
California
| $7K | +$6.29K | +483 | New |
|
102
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $6K | – | – | – |
|
|
AA
103
Addison Advisors
Middlebury,
Vermont
| $6K | +$5.46K | +419 | New |
|
|
AWM
104
Avior Wealth Management
Omaha,
Nebraska
| $5K | -$3.93K | -302 | -46% |
|
|
CG
105
Cutler Group
San Francisco,
California
| $4K | – | – | – |
|
|
IFG
106
Independent Financial Group
San Diego,
California
| – | -$182K | -15,584 | Closed |
|
|
FFA
107
Founders Financial Alliance
Raleigh,
North Carolina
| – | -$58K | -4,860 | Closed |
|
|
FHA
108
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$47K | -4,068 | Closed |
|
|
BCA
109
Berman Capital Advisors
Atlanta,
Georgia
| – | -$35K | -3,021 | Closed |
|
|
CSPIA
110
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$28K | -2,435 | Closed |
|
|
WTC
111
WhitTier Trust Company
Reno,
Nevada
| – | -$23K | -2,000 | Closed |
|
|
AF
112
Advisornet Financial
Minnetonka,
Minnesota
| – | -$5K | -400 | Closed |
|
CHY Hedge Fund Activity: Q4 2020 in Review
105 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q4 2020, worth a combined $194M — up 26% from $154M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CHY positions and 7 closed out — a net gain of 9 holders — while 43 added to existing stakes and 28 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $2.14M. The largest seller was Doliver Advisors, cutting an estimated $1.08M.
- 105 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q4 2020, up from 97 in Q3 2020.
- Funds reported $194M of Calamos Convertible and High Income Fund stock for Q4 2020, up 26% quarter-over-quarter.
- 16 funds opened new Calamos Convertible and High Income Fund positions in Q4 2020 and 7 closed out, a net change of +9 holders.
- The largest Calamos Convertible and High Income Fund buyer in Q4 2020 was Cohen & Steers, an estimated $2.14M added.
- The largest Calamos Convertible and High Income Fund seller in Q4 2020 was Doliver Advisors, an estimated $1.08M sold.
Based on aggregated 13F filings for Q4 2020.