Calamos Convertible and High Income Fund
88 hedge funds and large institutions have $114M invested in Calamos Convertible and High Income Fund in 2019 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 25 reducing their positions, and 13 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 25
14% more capital invested
Capital invested by funds: $100M → $114M (+$14M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.22% less ownership
Funds ownership: 14.6% → 14.38% (-0.22%)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
1% less funds holding
Funds holding: 89 → 88 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.49M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$918K |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$861K |
| 4 |
LPL Financial
San Diego,
California
|
+$743K |
| 5 |
Morgan Stanley
New York
|
+$514K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.91M |
| 2 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
-$1.05M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$696K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$520K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$405K |
CHY Hedge Fund Activity: Q1 2019 in Review
88 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q1 2019, worth a combined $114M — up 14% from $100M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of CHY and 12 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 31 added.
The largest buyer was Bank of America, adding an estimated $1.49M. The largest seller was Royal Bank of Canada, cutting an estimated $1.91M.
- 88 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q1 2019, down from 89 in Q4 2018.
- Funds reported $114M of Calamos Convertible and High Income Fund stock for Q1 2019, up 14% quarter-over-quarter.
- 12 funds opened new Calamos Convertible and High Income Fund positions in Q1 2019 and 13 closed out, a net change of -1 holder.
- The largest Calamos Convertible and High Income Fund buyer in Q1 2019 was Bank of America, an estimated $1.49M added.
- The largest Calamos Convertible and High Income Fund seller in Q1 2019 was Royal Bank of Canada, an estimated $1.91M sold.
Based on aggregated 13F filings for Q1 2019.