Calamos Convertible and High Income Fund
80 hedge funds and large institutions have $125M invested in Calamos Convertible and High Income Fund in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 26 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.42% less ownership
Funds ownership: 15.95% → 14.52% (-1.4%)
2% less funds holding
Funds holding: 82 → 80 (-2)
8% less capital invested
Capital invested by funds: $137M → $125M (-$11.6M)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
12% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 26
Top Buyers
Top Sellers
| 1 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
-$10.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.85M |
| 3 |
Morgan Stanley
New York
|
-$2.65M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.47M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.36M |
CHY Hedge Fund Activity: Q3 2017 in Review
80 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q3 2017, worth a combined $125M — down 8.5% from $137M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CHY and 8 opened new positions — a net loss of 1 holder — while 26 trimmed existing stakes and 23 added.
The largest buyer was Bank of America, adding an estimated $3.89M. The largest seller was Cornerstone Advisory, cutting an estimated $10.6M.
- 80 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q3 2017, down from 82 in Q2 2017.
- Funds reported $125M of Calamos Convertible and High Income Fund stock for Q3 2017, down 8.5% quarter-over-quarter.
- 8 funds opened new Calamos Convertible and High Income Fund positions in Q3 2017 and 9 closed out, a net change of -1 holder.
- The largest Calamos Convertible and High Income Fund buyer in Q3 2017 was Bank of America, an estimated $3.89M added.
- The largest Calamos Convertible and High Income Fund seller in Q3 2017 was Cornerstone Advisory, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2017.