Calamos Bitcoin 90 Series Structured Alt Protection ETF - January
CBXJ
16 hedge funds and large institutions have $4.38M invested in Calamos Bitcoin 90 Series Structured Alt Protection ETF - January in 2025 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 3 closing their positions.
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
6% less funds holding
Funds holding: 17 → 16 (-1)
8.82% less ownership
Funds ownership: 26.38% → 17.56% (-8.8%)
43% less capital invested
Capital invested by funds: $7.69M → $4.38M (-$3.3M)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$238K |
| 2 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
+$74.3K |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
+$23.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.52M |
| 2 |
Jane Street
New York
|
-$1.07M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$814K |
| 4 |
CWM
Calamos Wealth Management
Naperville,
Illinois
|
-$250K |
| 5 |
LWMI
Legacy Wealth Management (Idaho)
Boise,
Idaho
|
-$63.3K |
CBXJ Hedge Fund Activity: Q3 2025 in Review
16 of the 7,625 institutional investors tracked by Wall St. Rank reported a position in Calamos Bitcoin 90 Series Structured Alt Protection ETF - January (CBXJ) for Q3 2025, worth a combined $4.38M — down 43% from $7.69M a quarter earlier.
Fund positioning in CBXJ was balanced in Q3 2025: 3 funds opened new positions, 3 closed out, 1 added to existing stakes and 4 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $238K. The largest seller was Kestra Advisory Services, exiting entirely with an estimated $1.52M sold.
- 16 institutional investors held Calamos Bitcoin 90 Series Structured Alt Protection ETF - January (CBXJ) as of Q3 2025, down from 17 in Q2 2025.
- Funds reported $4.38M of Calamos Bitcoin 90 Series Structured Alt Protection ETF - January stock for Q3 2025, down 43% quarter-over-quarter.
- 3 funds opened new Calamos Bitcoin 90 Series Structured Alt Protection ETF - January positions in Q3 2025 and 3 closed out, a net change of 0 holders.
- The largest Calamos Bitcoin 90 Series Structured Alt Protection ETF - January buyer in Q3 2025 was Susquehanna International Group, an estimated $238K added.
- The largest Calamos Bitcoin 90 Series Structured Alt Protection ETF - January seller in Q3 2025 was Kestra Advisory Services, an estimated $1.52M sold.
Based on aggregated 13F filings for Q3 2025.