Calamos Convertible and High Income Fund
87 hedge funds and large institutions have $133M invested in Calamos Convertible and High Income Fund in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 36 increasing their positions, 20 reducing their positions, and 11 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 20
8% more capital invested
Capital invested by funds: $123M → $133M (+$9.76M)
0.48% more ownership
Funds ownership: 13.23% → 13.71% (+0.48%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 91 → 87 (-4)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.67M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$1.34M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.32M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.2M |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$822K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.46M |
| 2 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$1.16M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$591K |
| 4 |
Cohen & Steers
New York
|
-$557K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$387K |
CHY Hedge Fund Activity: Q3 2018 in Review
87 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q3 2018, worth a combined $133M — up 7.9% from $123M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of CHY and 7 opened new positions — a net loss of 4 holders — while 20 trimmed existing stakes and 36 added.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $1.67M. The largest seller was Morgan Stanley, cutting an estimated $1.46M.
- 87 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q3 2018, down from 91 in Q2 2018.
- Funds reported $133M of Calamos Convertible and High Income Fund stock for Q3 2018, up 7.9% quarter-over-quarter.
- 7 funds opened new Calamos Convertible and High Income Fund positions in Q3 2018 and 11 closed out, a net change of -4 holders.
- The largest Calamos Convertible and High Income Fund buyer in Q3 2018 was Cambridge Investment Research Advisors, an estimated $1.67M added.
- The largest Calamos Convertible and High Income Fund seller in Q3 2018 was Morgan Stanley, an estimated $1.46M sold.
Based on aggregated 13F filings for Q3 2018.