Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Calamos Conv Opportunities & (CHI)

137 + Investors. Track Smart Money conviction in CHI. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
1Q ▲
Buyers last Q
57%

Smart Money Signals — CHI

Based on 139 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added CHI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
139 hedge funds hold CHI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding CHI is almost the same as a year ago (+4 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 57% buying

65 buying50 selling
Last quarter: 65 funds bought or added vs 50 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+9 vs last Q)

new funds entering per quarter
Funds opening a new CHI position: 17 → 24 → 9 → 18. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 24% medium ■ 17% new
82 out of 139 hedge funds have held CHI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +32% but shares only +5% — price-driven

Value
+31%
Shares
+4%
Last quarter: the total dollar value of institutional holdings rose +32%, but actual share count only changed +5%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📊

Peak discovery — momentum slowing

21 → 17 → 24 → 9 → 18 new funds/Q
New funds entering each quarter: 17 → 24 → 9 → 18. CHI is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 60% veterans vs 22% newcomers

■ 60% veterans ■ 18% 1-2yr ■ 22% new
Entry-cohort mix of 139 holders: 84 (60%) are 2+ year veterans, 25 entered 1–2 years ago, and 30 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 55% AUM from top-100 funds

55% from top-100 AUM funds
13 of 137 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in CHI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CHI

In 2026 Q2, 65 hedge funds were net buyers of CHI (18 opened a new position, 47 added to an existing one), while 50 reduced or exited (35 trimmed, 15 sold completely) — a 57% buyer ratio, indicating a slight buying edge. 55% of total institutional value in CHI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +3 funds (more new holders than closures). Total institutional holders: 139.

Hedge Fund Ownership: CHI

How many hedge funds hold CHI — quarterly history vs. share price
Quarterly hedge fund ownership of CHI vs. share price

Market Analysis: CHI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CHI

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 1 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
1.7
/ 10
conviction
Hedge Fund Positioning: CHI
137 + Investors

Track Smart Money conviction in CHI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 137 136 0.74%
13F Shares 19M 18M 4.53%
Total Value $249M $189M 31.71%
New Positions 18 9 +9
Increased Positions 47 53 -6
Closed Positions 15 16 -1
Reduced Positions 35 32 +3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: CHI

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Institutional Holders (2026 Q2)

137 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CHI. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CHI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Marathon Strategic Advisors, LLC 2.23% 293,821 $3.9M
2 Grange Capital, LLC 1.81% 146,012 $2.0M
3 PMG Family Office LLC 1.24% 100,303 $1.3M
4 Creekside Partners 1.16% 237,856 $3.2M
5 Samalin Investment Counsel, LLC 0.87% 206,445 $2.8M
6 Everstar Asset Management, LLC 0.72% 111,723 $1.5M
7 Total Wealth Planning & Management, Inc. 0.70% 77,082 $1.0M
8 Boreal Capital Management LLC 0.64% — $856K
9 Advisory Solutions Group, LLC 0.38% 82,718 $1.1M
10 ProCore Advisors, LLC 0.20% 11,932 $160K
11 SAM Advisors, LLC 0.20% 53,676 $721K
12 Legacy Wealth Management, LLC / MS 0.19% 55,109 $741K
13 Game Plan Financial Advisors, LLC 0.14% 28,250 $380K
14 KFA Private Wealth Group, LLC 0.12% 37,169 $500K
15 Advisors Asset Management, Inc. 0.11% 533,895 $7.2M
16 Clearwave Capital, LLC 0.10% 13,060 $176K
17 E&G Advisors, LLC 0.09% 34,902 $469K
18 Melfa Wealth Management, INC. 0.09% 11,819 $159K
19 D.A. Davidson & CO. 0.08% 1,105,418 $14.9M
20 Dumont & Blake Investment Advisors LLC 0.08% 24,961 $335K
21 Sunpointe, LLC 0.07% 17,745 $238K
22 Wealth Effects LLC 0.07% 18,472 $248K
23 Patten Group, Inc. 0.06% 29,246 $393K
24 Hilltop Partners LLC 0.06% 18,305 $246K
25 First Nebraska Trust Co 0.06% 28,899 $307K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Calamos Conv Opportunities & (CHI)

What does the Smart Money Trend signal show for CHI?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added CHI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CHI?

Slight buying edge — 57% buying: Last quarter: 65 funds bought or added vs 50 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CHI holders?

Elite ownership — 55% AUM from top-100 funds: 13 of 137 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in CHI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CHI?

59% of holders stayed for 2+ years: 82 out of 139 hedge funds have held CHI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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