Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CALAMOS CONV OPPORTUNITIES & (CHI)

135 + 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
↑ +15
Streak
1Q ▲
Buyers last Q
65%

Smart Money Signals — CHI

Based on 142 hedge funds · latest filing: 2025 Q4 · 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 (100% of max)

100% of all-time peak
142 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.
📶

Steady growth — +16% more funds vs a year ago

fund count last 6Q
+20 new funds entered over the past year (+16% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 65% buying

74 buying39 selling
Last quarter: 74 funds were net buyers (24 opened a brand new position + 50 added to an existing one). Only 39 were sellers (30 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+7 vs last Q)

new funds entering per quarter
Funds opening a new CHI position: 13 → 20 → 17 → 24. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 23% medium ■ 17% new
85 out of 142 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 +65% but shares only +13% — price-driven

Value
+65%
Shares
+13%
Last quarter: the total dollar value of institutional holdings rose +65%, but actual share count only changed +13%. 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.
📈

Growing discovery — still being found

20 → 13 → 20 → 17 → 24 new funds/Q
New funds entering each quarter: 13 → 20 → 17 → 24. A growing number of institutions are discovering CHI each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 63% of holders stayed 2+ years

■ 63% veterans ■ 11% 1-2yr ■ 27% new
Of 142 current holders: 89 (63%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 71% AUM from top-100 funds

71% from top-100 AUM funds
15 of 142 holders are among the 100 largest funds by AUM, controlling 71% 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.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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 2025 Q4, 74 hedge funds were net buyers of CHI (24 opened a new position, 50 added to an existing one), while 39 reduced or exited (30 trimmed, 9 sold completely) — a 65% buyer ratio, indicating clear institutional accumulation. 71% of total institutional value in CHI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +15 funds (more new holders than closures). Total institutional holders: 142.

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.

Is It Too Late to Buy CALAMOS CONV OPPORTUNITIES & (CHI) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CHI has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 50d ago
CHI
+11.2%
XLF
+4.8%

CHI outperformed XLF by +6.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 5d ago
CHI
-5.2%
XLF
+1.2%

Since the filing became public, CHI outperformed XLF by -6.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

5 top-rated funds 2 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
1.9
/ 10
conviction
Hedge Fund Positioning: CHI
135 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 135 142 -4.93%
13F Shares 18M 19M -6.7%
Total Value $189M $303M -37.78%
New Positions 8 24 -16
Increased Positions 53 50 +3
Closed Positions 15 9 +6
Reduced Positions 32 30 +2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: CHI

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Valuation Measures Data as of: --

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Beta (5Y Monthly) --
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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

135 + 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 institutional holders of CHI — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Grange Capital, LLC 3.15% 294,416 $3.2M
2 Marathon Strategic Advisors, LLC 2.23% 288,327 $3.1M
3 PMG Family Office LLC 1.19% 99,052 $1.1M
4 Creekside Partners 1.01% 229,190 $2.5M
5 Everstar Asset Management, LLC 0.64% 111,723 $1.2M
6 Total Wealth Planning & Management, Inc. 0.57% 71,436 $767K
7 Capital CS Group, LLC 0.56% 25,224 $271K
8 Samalin Investment Counsel, LLC 0.56% 146,349 $1.6M
9 Boreal Capital Management LLC 0.56% 1 $684K
10 KFA Private Wealth Group, LLC 0.25% 97,732 $1.0M
11 ProCore Advisors, LLC 0.20% 12,136 $130K
12 SAM Advisors, LLC 0.18% 54,301 $583K
13 Legacy Wealth Management, LLC / MS 0.17% 54,938 $590K
14 Lexington Hill Partners, LLC 0.14% 22,497 $242K
15 Game Plan Financial Advisors, LLC 0.12% 25,000 $268K
16 Clearwave Capital, LLC 0.10% 13,060 $140K
17 E&G Advisors, LP 0.08% 34,902 $375K
18 MELFA WEALTH MANAGEMENT, INC. 0.07% 11,819 $127K
19 D.A. DAVIDSON & CO. 0.07% 1,097,250 $11.8M
20 WEALTH EFFECTS LLC 0.07% 18,405 $198K
21 Institute for Wealth Management, LLC. 0.07% 59,277 $637K
22 Semus Wealth Partners LLC 0.07% 11,221 $121K
23 DUMONT & BLAKE INVESTMENT ADVISORS LLC 0.07% 24,961 $268K
24 Sunpointe, LLC 0.06% 17,745 $191K
25 Advisors Asset Management, Inc. 0.06% 330,954 $3.6M
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?

More buyers than sellers — 65% buying: Last quarter: 74 funds were net buyers (24 opened a brand new position + 50 added to an existing one). Only 39 were sellers (30 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for CHI holders?

Elite ownership — 71% AUM from top-100 funds: 15 of 142 holders are among the 100 largest funds by AUM, controlling 71% 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?

60% of holders stayed for 2+ years: 85 out of 142 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.

Is it too late to buy CALAMOS CONV OPPORTUNITIES & (CHI) following the 2026 Q1 hedge fund 13F filings?

As of today, CHI has moved -5.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.2% for the XLF sector ETF — an outperformance of -6.4%. Since the quarter end (March 31, 2026), CHI has gained +11.2% vs +4.8% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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