Calamos Convertible and High Income Fund
97 hedge funds and large institutions have $195M invested in Calamos Convertible and High Income Fund in 2021 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 47 increasing their positions, 22 reducing their positions, and 18 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 22
0% more capital invested
Capital invested by funds: $194M → $195M (+$536K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.67% less ownership
Funds ownership: 18.5% → 17.84% (-0.67%)
8% less funds holding
Funds holding: 105 → 97 (-8)
33% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.16M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.2M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$2.12M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.93M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$9.57M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$2.73M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.53M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.65M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.6M |
CHY Hedge Fund Activity: Q1 2021 in Review
97 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q1 2021, worth a combined $195M — up 0.28% from $194M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of CHY and 12 opened new positions — a net loss of 6 holders — while 22 trimmed existing stakes and 47 added.
The largest buyer was Royal Bank of Canada, adding an estimated $4.16M. The largest seller was Cohen & Steers, cutting an estimated $9.57M.
- 97 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q1 2021, down from 105 in Q4 2020.
- Funds reported $195M of Calamos Convertible and High Income Fund stock for Q1 2021, up 0.28% quarter-over-quarter.
- 12 funds opened new Calamos Convertible and High Income Fund positions in Q1 2021 and 18 closed out, a net change of -6 holders.
- The largest Calamos Convertible and High Income Fund buyer in Q1 2021 was Royal Bank of Canada, an estimated $4.16M added.
- The largest Calamos Convertible and High Income Fund seller in Q1 2021 was Cohen & Steers, an estimated $9.57M sold.
Based on aggregated 13F filings for Q1 2021.