Calamos Convertible and High Income Fund
91 hedge funds and large institutions have $123M invested in Calamos Convertible and High Income Fund in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 26 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
15% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 26
10% more funds holding
Funds holding: 83 → 91 (+8)
10% more capital invested
Capital invested by funds: $112M → $123M (+$10.7M)
0.08% more ownership
Funds ownership: 13.14% → 13.23% (+0.08%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$2.61M |
| 2 |
NEIRG
New England Investment & Retirement Group
North Andover,
Massachusetts
|
+$2.06M |
| 3 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$2.04M |
| 4 |
Morgan Stanley
New York
|
+$1.81M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$496K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
-$5.66M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.09M |
| 3 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$968K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$793K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$423K |
CHY Hedge Fund Activity: Q2 2018 in Review
91 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q2 2018, worth a combined $123M — up 9.5% from $112M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CHY positions and 4 closed out — a net gain of 8 holders — while 30 added to existing stakes and 26 trimmed.
The largest buyer was AE Wealth Management, opening a new position worth an estimated $2.61M. The largest seller was Cornerstone Advisory, cutting an estimated $5.66M.
- 91 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q2 2018, up from 83 in Q1 2018.
- Funds reported $123M of Calamos Convertible and High Income Fund stock for Q2 2018, up 9.5% quarter-over-quarter.
- 12 funds opened new Calamos Convertible and High Income Fund positions in Q2 2018 and 4 closed out, a net change of +8 holders.
- The largest Calamos Convertible and High Income Fund buyer in Q2 2018 was AE Wealth Management, an estimated $2.61M added.
- The largest Calamos Convertible and High Income Fund seller in Q2 2018 was Cornerstone Advisory, an estimated $5.66M sold.
Based on aggregated 13F filings for Q2 2018.