Calamos Bitcoin Structured Alt Protection ETF - January
CBOJ
21 hedge funds and large institutions have $7.1M invested in Calamos Bitcoin Structured Alt Protection ETF - January in 2025 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 4 closing their positions.
104% more capital inflows, than outflows
Capital inflows: $3.34M | Capital outflows: $1.64M
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
17% more funds holding
Funds holding: 18 → 21 (+3)
9.77% less ownership
Funds ownership: 30.85% → 21.08% (-9.8%)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Evexia Wealth
Stevens Point,
Wisconsin
|
+$589K |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
+$453K |
| 3 |
Camelot Portfolios
Maumee,
Ohio
|
+$55.9K |
| 4 |
Kestra Advisory Services
Austin,
Texas
|
+$24.4K |
| 5 |
Farther Finance Advisors
San Francisco,
California
|
+$10.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$883K |
| 2 |
Merit Financial Group
Alpharetta,
Georgia
|
-$211K |
| 3 |
Jane Street
New York
|
-$204K |
| 4 |
Old Mission Capital
Chicago,
Illinois
|
-$125K |
| 5 |
Harbour Investments
Madison,
Wisconsin
|
-$72.7K |
CBOJ Hedge Fund Activity: Q4 2025 in Review
21 of the 8,307 institutional investors tracked by Wall St. Rank reported a position in Calamos Bitcoin Structured Alt Protection ETF - January (CBOJ) for Q4 2025, worth a combined $7.1M — down 45% from $12.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CBOJ positions and 4 closed out — a net gain of 4 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Evexia Wealth, opening a new position worth an estimated $589K. The largest seller was Susquehanna International Group, cutting an estimated $883K.
- 21 institutional investors held Calamos Bitcoin Structured Alt Protection ETF - January (CBOJ) as of Q4 2025, up from 18 in Q3 2025.
- Funds reported $7.1M of Calamos Bitcoin Structured Alt Protection ETF - January stock for Q4 2025, down 45% quarter-over-quarter.
- 8 funds opened new Calamos Bitcoin Structured Alt Protection ETF - January positions in Q4 2025 and 4 closed out, a net change of +4 holders.
- The largest Calamos Bitcoin Structured Alt Protection ETF - January buyer in Q4 2025 was Evexia Wealth, an estimated $589K added.
- The largest Calamos Bitcoin Structured Alt Protection ETF - January seller in Q4 2025 was Susquehanna International Group, an estimated $883K sold.
Based on aggregated 13F filings for Q4 2025.