Calamos Long/Short Equity & Dynamic Income Trust
CPZ
32 hedge funds and large institutions have $103M invested in Calamos Long/Short Equity & Dynamic Income Trust in 2020 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 4 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
250% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 4
90% more capital invested
Capital invested by funds: $54.1M → $103M (+$48.9M)
39% more funds holding
Funds holding: 23 → 32 (+9)
11.15% more ownership
Funds ownership: 18.96% → 30.11% (+11%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$18.1M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.03M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$2.71M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$2.69M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.73M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.38M |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$255K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$214K |
| 5 |
BCM
Birch Capital Management
Dallas,
Texas
|
-$41K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJFSA
26
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| $185K | +$172K | +10,600 | New |
|
|
AWA
27
Arkadios Wealth Advisors
Atlanta,
Georgia
| $142K | +$133K | +8,176 | New |
|
|
FIA
28
FNY Investment Advisers
New York
| $70K | +$65.6K | +4,041 | New |
|
|
SIC
29
Salem Investment Counselors
Winston Salem,
North Carolina
| $26K | +$24.4K | +1,500 | New |
|
|
BBPWM
30
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $20K | -$14.6K | -900 | -45% |
|
31
Bank of America
Charlotte,
North Carolina
| $7K | – | – | – |
|
32
Citigroup
New York
| $3K | +$2.23K | +137 | +232% |
|
|
BRWA
33
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$255K | -17,500 | Closed |
|
|
DADC
34
D.A. Davidson & Co
Great Falls,
Montana
| – | -$214K | -14,700 | Closed |
|
|
BCM
35
Birch Capital Management
Dallas,
Texas
| – | -$41K | -2,799 | Closed |
|
CPZ Hedge Fund Activity: Q4 2020 in Review
32 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Calamos Long/Short Equity & Dynamic Income Trust (CPZ) for Q4 2020, worth a combined $103M — up 90% from $54.1M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CPZ positions and 3 closed out — a net gain of 9 holders — while 14 added to existing stakes and 4 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $18.1M. The largest seller was Shaker Financial Services, cutting an estimated $1.73M.
- 32 institutional investors held Calamos Long/Short Equity & Dynamic Income Trust (CPZ) as of Q4 2020, up from 23 in Q3 2020.
- Funds reported $103M of Calamos Long/Short Equity & Dynamic Income Trust stock for Q4 2020, up 90% quarter-over-quarter.
- 12 funds opened new Calamos Long/Short Equity & Dynamic Income Trust positions in Q4 2020 and 3 closed out, a net change of +9 holders.
- The largest Calamos Long/Short Equity & Dynamic Income Trust buyer in Q4 2020 was Saba Capital Management, an estimated $18.1M added.
- The largest Calamos Long/Short Equity & Dynamic Income Trust seller in Q4 2020 was Shaker Financial Services, an estimated $1.73M sold.
Based on aggregated 13F filings for Q4 2020.