Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Calamos Conv & High Income F (CHY)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +8
Streak
1Q ▲
Buyers last Q
62%

Smart Money Signals — CHY

Based on 136 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, 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
136 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.
〰️

Stable — ownership unchanged year-over-year

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

More buyers than sellers — 62% buying

74 buying45 selling
Last quarter: 74 funds were net buyers (23 opened a brand new position + 51 added to an existing one). Only 45 were sellers (30 trimmed + 15 sold completely). A clear majority buying is a strong confirmation signal.
📈

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

new funds entering per quarter
Funds opening a new CHY position: 14 → 18 → 14 → 23. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 17% medium ■ 20% new
86 out of 136 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.
💎

Buying through price weakness — shares -44%, value -98%

Value
-98%
Shares
-44%
Last quarter: funds added -44% more shares while total portfolio value only changed -98%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

22 → 14 → 18 → 14 → 23 new funds/Q
New funds entering each quarter: 14 → 18 → 14 → 23. A growing number of institutions are discovering CHY each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 68% veterans vs 23% newcomers

■ 68% veterans ■ 10% 1-2yr ■ 23% new
Entry-cohort mix of 136 holders: 92 (68%) are 2+ year veterans, 13 entered 1–2 years ago, and 31 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 47% AUM from top-100 funds

47% from top-100 AUM funds
14 of 136 holders are among the 100 largest funds by AUM, controlling 47% 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.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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 Q1, 74 hedge funds were net buyers of CHY (23 opened a new position, 51 added to an existing one), while 45 reduced or exited (30 trimmed, 15 sold completely) — a 62% buyer ratio, indicating clear institutional accumulation. 47% of total institutional value in CHY is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +8 funds (more new holders than closures). Total institutional holders: 136.

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

-- --

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

Is It Too Late to Buy Calamos Conv & High Income F (CHY) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CHY 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 · 78d ago
CHY
+21.2%
XLF
+1220.3%

CHY outperformed XLF by -1199.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
CHY
+5.2%
XLF
+4.8%

Since the filing became public, CHY outperformed XLF by +0.4% .

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.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
1.1
/ 10
conviction
Hedge Fund Positioning: CHY
135 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 135 128 5.47%
13F Shares 13M 23M -44.42%
Total Value $132M $7.13B -98.14%
New Positions 23 14 +9
Increased Positions 51 44 +7
Closed Positions 16 18 -2
Reduced Positions 29 38 -9
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: CHY

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
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) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

135 + 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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Pacific Wealth Strategies Group, Inc. 3.71% 546,229 $5.9M
2 PMG Family Office LLC 1.10% 90,321 $984K
3 Greenberg Financial Group 0.65% 144,293 $1.6M
4 Dumont & Blake Investment Advisors LLC 0.60% 221,015 $2.4M
5 Morse Asset Management, Inc 0.48% 211,381 $2.3M
6 Greatmark Investment Partners, INC. 0.38% 296,195 $3.2M
7 Shaker Financial Services, LLC 0.31% 82,616 $900K
8 Cornerstone Advisory, LLC 0.29% 278,497 $3.0M
9 Chancellor Financial Group WB LP 0.28% 36,476 $397K
10 Samalin Investment Counsel, LLC 0.22% 56,628 $617K
11 Cadent Capital Advisors, LLC 0.17% 62,000 $675K
12 Legacy Wealth Management, LLC / MS 0.16% 51,093 $556K
13 Autumn Glory Partners, LLC 0.12% 30,000 $327K
14 MKT Advisors LLC 0.12% 31,042 $354K
15 LifeWealth Investments, LLC 0.11% 34,993 $381K
16 Melfa Wealth Management, INC. 0.11% 17,103 $186K
17 SOL Capital Management CO 0.10% 21,209 $216K
18 Tandem Investment Partners LLC 0.09% 10,260 $112K
19 COFG Advisors, LLC 0.09% 32,095 $350K
20 Burns J W & Co Inc/Ny 0.08% 66,325 $722K
21 IFG Advisory, LLC 0.08% 2,600 $28K
22 Guggenheim Capital LLC 0.06% 727,218 $7.9M
23 Advisors Asset Management, Inc. 0.06% 312,123 $3.4M
24 PKS Advisory Services, LLC 0.04% 15,043 $164K
25 Bison Wealth, LLC 0.03% 27,256 $356K
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 — 1 quarter in a row: For 1 consecutive quarter, 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 — 62% buying: Last quarter: 74 funds were net buyers (23 opened a brand new position + 51 added to an existing one). Only 45 were sellers (30 trimmed + 15 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for CHY holders?

Elite ownership — 47% AUM from top-100 funds: 14 of 136 holders are among the 100 largest funds by AUM, controlling 47% 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?

63% of holders stayed for 2+ years: 86 out of 136 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.

Is it too late to buy Calamos Conv & High Income F (CHY) following the 2026 Q1 hedge fund 13F filings?

As of today, CHY has moved +5.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of +0.4%. Since the quarter end (March 31, 2026), CHY has gained +21.2% vs +1220.3% 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.

Full history →