Calamos Convertible and High Income Fund
135 hedge funds and large institutions have $133M invested in Calamos Convertible and High Income Fund in 2025 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 38 increasing their positions, 42 reducing their positions, and 10 closing their positions.
130% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 10
8% more funds holding
Funds holding: 125 → 135 (+10)
0.59% more ownership
Funds ownership: 16.69% → 17.27% (+0.59%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 42
14% less capital invested
Capital invested by funds: $154M → $133M (-$21.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
+$4.7M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2.95M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.6M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.57M |
| 5 |
Corient Private Wealth
Miami,
Florida
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.71M |
| 2 |
Morgan Stanley
New York
|
-$2.65M |
| 3 |
CCA
Cadent Capital Advisors
Tulsa,
Oklahoma
|
-$2.57M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$580K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$443K |
CHY Hedge Fund Activity: Q1 2025 in Review
135 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q1 2025, worth a combined $133M — down 14% from $154M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new CHY positions and 10 closed out — a net gain of 13 holders — while 38 added to existing stakes and 42 trimmed.
The largest buyer was Cornerstone Advisory, opening a new position worth an estimated $4.7M. The largest seller was Royal Bank of Canada, cutting an estimated $5.71M.
- 135 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q1 2025, up from 125 in Q4 2024.
- Funds reported $133M of Calamos Convertible and High Income Fund stock for Q1 2025, down 14% quarter-over-quarter.
- 23 funds opened new Calamos Convertible and High Income Fund positions in Q1 2025 and 10 closed out, a net change of +13 holders.
- The largest Calamos Convertible and High Income Fund buyer in Q1 2025 was Cornerstone Advisory, an estimated $4.7M added.
- The largest Calamos Convertible and High Income Fund seller in Q1 2025 was Royal Bank of Canada, an estimated $5.71M sold.
Based on aggregated 13F filings for Q1 2025.