Calamos Convertible and High Income Fund
117 hedge funds and large institutions have $142M invested in Calamos Convertible and High Income Fund in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 39 increasing their positions, 33 reducing their positions, and 13 closing their positions.
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
18% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 33
3% more funds holding
Funds holding: 114 → 117 (+3)
1% more capital invested
Capital invested by funds: $141M → $142M (+$1.11M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.18% less ownership
Funds ownership: 17.68% → 17.5% (-0.18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$587K |
| 2 |
PWSG
Pacific Wealth Strategies Group
Santa Barbara,
California
|
+$559K |
| 3 |
Morgan Stanley
New York
|
+$522K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$474K |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
+$354K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.57M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.21M |
| 3 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
-$701K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$663K |
| 5 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
-$528K |
CHY Hedge Fund Activity: Q1 2023 in Review
117 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q1 2023, worth a combined $142M — up 0.79% from $141M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CHY positions and 13 closed out — a net gain of 4 holders — while 39 added to existing stakes and 33 trimmed.
The largest buyer was Bank of America, adding an estimated $587K. The largest seller was Ameriprise, cutting an estimated $1.57M.
- 117 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q1 2023, up from 114 in Q4 2022.
- Funds reported $142M of Calamos Convertible and High Income Fund stock for Q1 2023, up 0.79% quarter-over-quarter.
- 17 funds opened new Calamos Convertible and High Income Fund positions in Q1 2023 and 13 closed out, a net change of +4 holders.
- The largest Calamos Convertible and High Income Fund buyer in Q1 2023 was Bank of America, an estimated $587K added.
- The largest Calamos Convertible and High Income Fund seller in Q1 2023 was Ameriprise, an estimated $1.57M sold.
Based on aggregated 13F filings for Q1 2023.