Calamos Long/Short Equity & Dynamic Income Trust
CPZ
34 hedge funds and large institutions have $134M invested in Calamos Long/Short Equity & Dynamic Income Trust in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 7 reducing their positions, and 3 closing their positions.
157% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 7
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
30% more capital invested
Capital invested by funds: $103M → $134M (+$30.7M)
6% more funds holding
Funds holding: 32 → 34 (+2)
3.67% more ownership
Funds ownership: 30.11% → 33.78% (+3.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$7.43M |
| 2 |
Morgan Stanley
New York
|
+$3.53M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.42M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.98M |
| 3 |
SCM
Saba Capital Management
New York
|
-$904K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$648K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$506K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $217K | +$201K | +10,750 | New |
|
|
DADC
27
D.A. Davidson & Co
Great Falls,
Montana
| $214K | +$198K | +10,600 | New |
|
|
CAL
28
Capital Analysts LLC
Fort Washington,
Pennsylvania
| $190K | +$176K | +9,417 | New |
|
|
AWA
29
Arkadios Wealth Advisors
Atlanta,
Georgia
| $167K | +$2.26K | +121 | +1% |
|
|
FIA
30
FNY Investment Advisers
New York
| $151K | +$65.6K | +3,514 | +87% |
|
|
SIC
31
Salem Investment Counselors
Winston Salem,
North Carolina
| $30K | – | – | – |
|
|
BBPWM
32
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $30K | +$6.94K | +372 | +34% |
|
33
Citigroup
New York
| $12K | +$7.67K | +411 | +210% |
|
34
Bank of America
Charlotte,
North Carolina
| $9K | – | – | – |
|
|
GSEP
35
Golden State Equity Partners
South Coast Metro,
California
| – | -$218K | -12,500 | Closed |
|
36
Millennium Management
New York
| – | -$190K | -10,888 | Closed |
|
|
RJFSA
37
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$185K | -10,600 | Closed |
|
CPZ Hedge Fund Activity: Q1 2021 in Review
34 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Calamos Long/Short Equity & Dynamic Income Trust (CPZ) for Q1 2021, worth a combined $134M — up 30% from $103M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new CPZ positions and 3 closed out — a net gain of 3 holders — while 18 added to existing stakes and 7 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $7.43M. The largest seller was Shaker Financial Services, cutting an estimated $2.42M.
- 34 institutional investors held Calamos Long/Short Equity & Dynamic Income Trust (CPZ) as of Q1 2021, up from 32 in Q4 2020.
- Funds reported $134M of Calamos Long/Short Equity & Dynamic Income Trust stock for Q1 2021, up 30% quarter-over-quarter.
- 6 funds opened new Calamos Long/Short Equity & Dynamic Income Trust positions in Q1 2021 and 3 closed out, a net change of +3 holders.
- The largest Calamos Long/Short Equity & Dynamic Income Trust buyer in Q1 2021 was Sit Investment Associates, an estimated $7.43M added.
- The largest Calamos Long/Short Equity & Dynamic Income Trust seller in Q1 2021 was Shaker Financial Services, an estimated $2.42M sold.
Based on aggregated 13F filings for Q1 2021.