Stock Analysis
Data Source: SEC EDGAR 13F
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Calamos Conv & High Income F (CHY)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
2Q ▲
Buyers last Q
60%

Smart Money Signals — CHY

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

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added CHY 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
139 hedge funds hold CHY 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 — +4% more funds vs a year ago

fund count last 6Q
+5 new funds entered over the past year (+4% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 60% buying

69 buying46 selling
Last quarter: 69 funds were net buyers (18 opened a brand new position + 51 added to an existing one). Only 46 were sellers (31 trimmed + 15 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~18 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 18 → 14 → 23 → 18. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

64% of holders stayed for 2+ years

64% conviction (2yr+) 15% medium 21% new
89 out of 139 hedge funds have held CHY 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 +30% but shares only +4% — price-driven

Value
+29%
Shares
+3%
Last quarter: the total dollar value of institutional holdings rose +30%, but actual share count only changed +4%. 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

14 → 18 → 14 → 23 → 18 new funds/Q
New funds entering each quarter: 18 → 14 → 23 → 18. A growing number of institutions are discovering CHY each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 65% veterans vs 25% newcomers

65% veterans 10% 1-2yr 25% new
Entry-cohort mix of 139 holders: 90 (65%) are 2+ year veterans, 14 entered 1–2 years ago, and 35 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds
15 of 138 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in CHY. 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 — CHY

In 2026 Q2, 69 hedge funds were net buyers of CHY (18 opened a new position, 51 added to an existing one), while 46 reduced or exited (31 trimmed, 15 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. 48% of total institutional value in CHY 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: CHY

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

Market Analysis: CHY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CHY

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

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: CHY
138 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 138 136 1.47%
13F Shares 13M 13M 3.55%
Total Value $172M $133M 29.88%
New Positions 18 23 -5
Increased Positions 51 51 -
Closed Positions 15 15 -
Reduced Positions 31 30 +1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: CHY

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Institutional Holders (2026 Q2)

138 + investors

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

QUARTER:
Top 25 CHY holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Pacific Wealth Strategies Group, Inc. 3.46% 441,823 $6.0M
2 PMG Family Office LLC 1.15% 91,904 $1.3M
3 Thomas J. Herzfeld Advisors, Inc. 1.03% 245,638 $3.3M
4 Shaker Financial Services, LLC 0.67% 157,254 $2.1M
5 Dumont & Blake Investment Advisors LLC 0.65% 212,775 $2.9M
6 Boreal Capital Management LLC 0.62% $836K
7 Greenberg Financial Group 0.52% 103,676 $1.4M
8 Morse Asset Management, Inc 0.50% 221,656 $3.0M
9 Greatmark Investment Partners, INC. 0.45% 300,632 $4.1M
10 Chancellor Financial Group WB LP 0.31% 37,261 $507K
11 Samalin Investment Counsel, LLC 0.25% 57,743 $786K
12 Cadent Capital Advisors, LLC 0.20% 70,750 $964K
13 Legacy Wealth Management, LLC / MS 0.18% 51,261 $698K
14 Tandem Investment Partners LLC 0.13% 12,515 $170K
15 LifeWealth Investments, LLC 0.13% 34,993 $477K
16 Melfa Wealth Management, INC. 0.13% 17,103 $233K
17 Advisors Asset Management, Inc. 0.12% 573,420 $7.8M
18 Cornerstone Advisory, LLC 0.12% 104,500 $1.4M
19 Autumn Glory Partners, LLC 0.12% 30,000 $409K
20 MKT Advisors LLC 0.10% 23,113 $311K
21 Burns J W & Co Inc/Ny 0.09% 66,325 $903K
22 COFG Advisors, LLC 0.07% 31,863 $434K
23 United Financial Planning Group LLC 0.07% 10,000 $136K
24 Guggenheim Capital LLC 0.07% 795,623 $10.8M
25 Left Brain Wealth Management, LLC 0.05% 11,150 $152K
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 & High Income F (CHY)

What does the Smart Money Trend signal show for CHY?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added CHY 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 CHY?

More buyers than sellers — 60% buying: Last quarter: 69 funds were net buyers (18 opened a brand new position + 51 added to an existing one). Only 46 were sellers (31 trimmed + 15 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for CHY holders?

Elite ownership — 48% AUM from top-100 funds: 15 of 138 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in CHY. 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 CHY?

64% of holders stayed for 2+ years: 89 out of 139 hedge funds have held CHY 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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