Calamos Convertible and High Income Fund
128 hedge funds and large institutions have $150M invested in Calamos Convertible and High Income Fund in 2025 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 44 increasing their positions, 39 reducing their positions, and 17 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 39
2% more capital invested
Capital invested by funds: $147M → $150M (+$2.65M)
0.05% more ownership
Funds ownership: 16.54% → 16.59% (+0.05%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 133 → 128 (-5)
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.18M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$891K |
| 3 |
NWA
Navis Wealth Advisors
Rye Brook,
New York
|
+$794K |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
+$748K |
| 5 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
+$559K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.68M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.52M |
| 3 |
JWBC
J.W. Burns & Co
Dewitt,
New York
|
-$1.17M |
| 4 |
PWSG
Pacific Wealth Strategies Group
Santa Barbara,
California
|
-$647K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$591K |
CHY Hedge Fund Activity: Q4 2025 in Review
128 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q4 2025, worth a combined $150M — up 1.8% from $147M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of CHY and 12 opened new positions — a net loss of 5 holders — while 39 trimmed existing stakes and 44 added.
The largest buyer was LPL Financial, adding an estimated $1.18M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $2.68M sold.
- 128 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q4 2025, down from 133 in Q3 2025.
- Funds reported $150M of Calamos Convertible and High Income Fund stock for Q4 2025, up 1.8% quarter-over-quarter.
- 12 funds opened new Calamos Convertible and High Income Fund positions in Q4 2025 and 17 closed out, a net change of -5 holders.
- The largest Calamos Convertible and High Income Fund buyer in Q4 2025 was LPL Financial, an estimated $1.18M added.
- The largest Calamos Convertible and High Income Fund seller in Q4 2025 was Wolverine Asset Management, an estimated $2.68M sold.
Based on aggregated 13F filings for Q4 2025.