Calamos Convertible and High Income Fund
121 hedge funds and large institutions have $152M invested in Calamos Convertible and High Income Fund in 2024 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 43 increasing their positions, 32 reducing their positions, and 6 closing their positions.
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
34% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 32
8% more funds holding
Funds holding: 112 → 121 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.01% less ownership
Funds ownership: 18.91% → 16.89% (-2%)
8% less capital invested
Capital invested by funds: $165M → $152M (-$13.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$938K |
| 2 |
AWA
Aquire Wealth Advisors
South Jordan,
Utah
|
+$887K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$657K |
| 4 |
CCA
Cadent Capital Advisors
Tulsa,
Oklahoma
|
+$591K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$510K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$20.3M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.61M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$365K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$353K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$350K |
CHY Hedge Fund Activity: Q1 2024 in Review
121 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q1 2024, worth a combined $152M — down 8.1% from $165M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CHY positions and 6 closed out — a net gain of 10 holders — while 43 added to existing stakes and 32 trimmed.
The largest buyer was Bank of America, adding an estimated $938K. The largest seller was Morgan Stanley, cutting an estimated $20.3M.
- 121 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q1 2024, up from 112 in Q4 2023.
- Funds reported $152M of Calamos Convertible and High Income Fund stock for Q1 2024, down 8.1% quarter-over-quarter.
- 16 funds opened new Calamos Convertible and High Income Fund positions in Q1 2024 and 6 closed out, a net change of +10 holders.
- The largest Calamos Convertible and High Income Fund buyer in Q1 2024 was Bank of America, an estimated $938K added.
- The largest Calamos Convertible and High Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $20.3M sold.
Based on aggregated 13F filings for Q1 2024.