Calamos Convertible and High Income Fund
90 hedge funds and large institutions have $121M invested in Calamos Convertible and High Income Fund in 2019 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 34 increasing their positions, 23 reducing their positions, and 9 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 23
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
6% more capital invested
Capital invested by funds: $114M → $121M (+$6.84M)
2% more funds holding
Funds holding: 88 → 90 (+2)
0.61% more ownership
Funds ownership: 14.38% → 14.99% (+0.61%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.9M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$1.37M |
| 3 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$1.25M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$726K |
| 5 |
MCP
Mirador Capital Partners
Pleasanton,
California
|
+$671K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.31M |
| 2 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
-$976K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$356K |
| 4 |
PWSG
Pacific Wealth Strategies Group
Santa Barbara,
California
|
-$221K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$146K |
CHY Hedge Fund Activity: Q2 2019 in Review
90 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q2 2019, worth a combined $121M — up 6% from $114M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CHY positions and 9 closed out — a net gain of 3 holders — while 34 added to existing stakes and 23 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $1.9M. The largest seller was Shaker Financial Services, cutting an estimated $1.31M.
- 90 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q2 2019, up from 88 in Q1 2019.
- Funds reported $121M of Calamos Convertible and High Income Fund stock for Q2 2019, up 6% quarter-over-quarter.
- 12 funds opened new Calamos Convertible and High Income Fund positions in Q2 2019 and 9 closed out, a net change of +3 holders.
- The largest Calamos Convertible and High Income Fund buyer in Q2 2019 was Cohen & Steers, an estimated $1.9M added.
- The largest Calamos Convertible and High Income Fund seller in Q2 2019 was Shaker Financial Services, an estimated $1.31M sold.
Based on aggregated 13F filings for Q2 2019.