Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Calamos Dynamic Conv & Incom (CCD)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -6
Streak
2Q ▼
Buyers last Q
48%

Smart Money Signals — CCD

Based on 65 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their CCD positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 90% of 3.0Y peak

90% of all-time peak
65 funds currently hold this stock — 90% of the 3.0-year high of 72 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding CCD is almost the same as a year ago (+2 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 48% buying

31 buying34 selling
Last quarter: 34 funds reduced or exited vs 31 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 9 → 15 → 8 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 17% medium ■ 20% new
41 out of 65 hedge funds have held CCD 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.
💎

Buying through price weakness — shares -9%, value -90%

Value
-90%
Shares
-8%
Last quarter: funds added -9% more shares while total portfolio value only changed -90%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
⚠️

Saturation — most institutions already know this story

5 → 9 → 15 → 8 → 6 new funds/Q
New funds entering each quarter: 9 → 15 → 8 → 6. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🏛️

Veteran-anchored — 66% veterans vs 20% newcomers

■ 66% veterans ■ 14% 1-2yr ■ 20% new
Entry-cohort mix of 65 holders: 43 (66%) are 2+ year veterans, 9 entered 1–2 years ago, and 13 (20%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 43% AUM from top-100 funds

43% from top-100 AUM funds
9 of 65 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in CCD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — 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 — CCD

In 2026 Q1, 31 hedge funds were net buyers of CCD (6 opened a new position, 25 added to an existing one), while 34 reduced or exited (22 trimmed, 12 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 43% of total institutional value in CCD is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -6 funds (more exits than new entries). Total institutional holders: 65.

Hedge Fund Ownership: CCD

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

Market Analysis: CCD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CCD

-- --

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

Is It Too Late to Buy Calamos Dynamic Conv & Incom (CCD) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CCD 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 · 75d ago
CCD
+16.7%
XLF
+8.0%

CCD outperformed XLF by +8.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
CCD
+3.4%
XLF
+4.4%

Since the filing became public, CCD outperformed XLF by -1.0% .

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 0 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: CCD
65 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 65 71 -8.45%
13F Shares 4M 4M -8.89%
Total Value $80M $811M -90.1%
New Positions 6 8 -2
Increased Positions 25 21 +4
Closed Positions 12 9 +3
Reduced Positions 22 26 -4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: CCD

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
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Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

65 + investors

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

QUARTER:
Top 25 CCD holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 PMG Family Office LLC 1.37% 57,566 $1.2M
2 Capital CS Group, LLC 0.78% 17,674 $377K
3 Everstar Asset Management, LLC 0.48% 42,114 $899K
4 Samalin Investment Counsel, LLC 0.27% 35,986 $768K
5 World Equity Group, INC. 0.26% 46,266 $988K
6 Herold Advisors, Inc. 0.16% 33,067 $706K
7 Quad-Cities Investment Group, LLC 0.14% 16,567 $354K
8 Landscape Capital Management, L.L.C. 0.13% 94,577 $2.0M
9 Gilliland Jeter Wealth Management LLC 0.11% 17,373 $371K
10 D.A. Davidson & CO. 0.08% 622,462 $13.3M
11 Tempus Wealth Planning, LLC 0.07% 13,719 $293K
12 Mutual Advisors, LLC 0.05% 116,382 $2.5M
13 Apeiron RIA LLC 0.05% 10,408 $222K
14 Abel Hall, LLC 0.05% 10,000 $214K
15 Guggenheim Capital LLC 0.04% 212,818 $4.5M
16 International Assets Investment Management, LLC 0.02% 14,017 $310K
17 CoreCap Advisors, LLC 0.02% 29,205 $624K
18 Advisors Asset Management, Inc. 0.01% 38,116 $813K
19 Triumph Capital Management 0.01% 2,820 $60K
20 Osbon Capital Management LLC 0.01% 660 $14K
21 &Partners 0.01% 103,695 $2.2M
22 Oppenheimer & Co Inc 0.01% 34,438 $735K
23 Daymark Wealth Partners, LLC 0.01% 13,150 $281K
24 Westside Investment Management, Inc. 0.01% 1,667 $36K
25 Centaurus Financial, INC. 0.01% 5,085 $109K
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 Dynamic Conv & Incom (CCD)

What does the Smart Money Trend signal show for CCD?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their CCD positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for CCD?

More sellers than buyers — 48% buying: Last quarter: 34 funds reduced or exited vs 31 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for CCD holders?

Elite ownership — 43% AUM from top-100 funds: 9 of 65 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in CCD. 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 CCD?

63% of holders stayed for 2+ years: 41 out of 65 hedge funds have held CCD 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 Dynamic Conv & Incom (CCD) following the 2026 Q1 hedge fund 13F filings?

As of today, CCD has moved +3.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.4% for the XLF sector ETF — an outperformance of -1.0%. Since the quarter end (March 31, 2026), CCD has gained +16.7% vs +8.0% 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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