Calamos Convertible and High Income Fund
CHY
89 hedge funds and large institutions have $105M invested in Calamos Convertible and High Income Fund in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 39 increasing their positions, 17 reducing their positions, and 9 closing their positions.
129% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 17
59% more capital inflows, than outflows
Capital inflows: $11.7M | Capital outflows: $7.36M
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
0.41% more ownership
Funds ownership: 12.83% → 13.24% (+0.41%)
0% more funds holding
Funds holding: 89 → 89 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.68M |
| 2 |
Cohen & Steers
New York
|
+$1.41M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.2M |
| 4 |
Advisors Asset Management
Monument,
Colorado
|
+$1.02M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$868K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.33M |
| 2 |
Eaton Vance Management
Boston,
Massachusetts
|
-$1.05M |
| 3 |
Citigroup
New York
|
-$518K |
| 4 |
Clough Capital Partners
Boston,
Massachusetts
|
-$452K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
-$334K |
CHY Hedge Fund Activity: Q3 2016 in Review
89 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q3 2016, worth a combined $105M — up 7.1% from $98.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CHY positions and 9 closed out — a net gain of 1 holder — while 39 added to existing stakes and 17 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.68M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $3.33M sold.
- 89 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $105M of Calamos Convertible and High Income Fund stock for Q3 2016, up 7.1% quarter-over-quarter.
- 10 funds opened new Calamos Convertible and High Income Fund positions in Q3 2016 and 9 closed out, a net change of +1 holder.
- The largest Calamos Convertible and High Income Fund buyer in Q3 2016 was LPL Financial, an estimated $1.68M added.
- The largest Calamos Convertible and High Income Fund seller in Q3 2016 was Rivernorth Capital Management, an estimated $3.33M sold.
Based on aggregated 13F filings for Q3 2016.