Calamos Convertible and High Income Fund
112 hedge funds and large institutions have $165M invested in Calamos Convertible and High Income Fund in 2023 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 42 reducing their positions, and 12 closing their positions.
13% more capital invested
Capital invested by funds: $147M → $165M (+$18.3M)
1.63% more ownership
Funds ownership: 17.28% → 18.91% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
2% less funds holding
Funds holding: 114 → 112 (-2)
17% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$17.3M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$576K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$529K |
| 4 |
TWP
Tempus Wealth Planning
Irvine,
California
|
+$346K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$326K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.07M |
| 2 |
AWA
ARQ Wealth Advisors
Scottsdale,
Arizona
|
-$945K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$482K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$455K |
| 5 |
LPL Financial
San Diego,
California
|
-$429K |
CHY Hedge Fund Activity: Q4 2023 in Review
112 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q4 2023, worth a combined $165M — up 13% from $147M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of CHY and 11 opened new positions — a net loss of 1 holder — while 42 trimmed existing stakes and 35 added.
The largest buyer was Morgan Stanley, adding an estimated $17.3M. The largest seller was Advisors Asset Management, cutting an estimated $2.07M.
- 112 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q4 2023, down from 114 in Q3 2023.
- Funds reported $165M of Calamos Convertible and High Income Fund stock for Q4 2023, up 13% quarter-over-quarter.
- 11 funds opened new Calamos Convertible and High Income Fund positions in Q4 2023 and 12 closed out, a net change of -1 holder.
- The largest Calamos Convertible and High Income Fund buyer in Q4 2023 was Morgan Stanley, an estimated $17.3M added.
- The largest Calamos Convertible and High Income Fund seller in Q4 2023 was Advisors Asset Management, an estimated $2.07M sold.
Based on aggregated 13F filings for Q4 2023.