Calamos Long/Short Equity & Dynamic Income Trust
CPZ
58 hedge funds and large institutions have $79.6M invested in Calamos Long/Short Equity & Dynamic Income Trust in 2026 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 28 increasing their positions, 19 reducing their positions, and 5 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 19
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
1.59% less ownership
Funds ownership: 31.46% → 29.88% (-1.6%)
2% less funds holding
Funds holding: 59 → 58 (-1)
12% less capital invested
Capital invested by funds: $90.3M → $79.6M (-$10.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.03M |
| 2 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$530K |
| 3 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$455K |
| 4 |
FCA
Fortis Capital Advisors
Prairie Village,
Kansas
|
+$455K |
| 5 |
LPL Financial
San Diego,
California
|
+$314K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.17M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$2.05M |
| 3 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$1.59M |
| 4 |
Jane Street
New York
|
-$602K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$579K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIC
51
Salem Investment Counselors
Winston Salem,
North Carolina
| $15.6K | +$16.9K | +1,150 | New |
|
|
HI
52
Harbour Investments
Madison,
Wisconsin
| $13.8K | -$18K | -1,230 | -55% |
|
|
SPIA
53
Steward Partners Investment Advisory
New York
| $13.6K | -$18.3K | -1,250 | -56% |
|
|
GWM
54
Geneos Wealth Management
Englewood,
Colorado
| $11.7K | – | – | – |
|
|
CAL
55
Capital Analysts LLC
Fort Washington,
Pennsylvania
| $10K | – | – | – |
|
|
SWM
56
Spire Wealth Management
Mclean,
Virginia
| $5.64K | +$161 | +11 | +3% |
|
|
HWP
57
Highline Wealth Partners
Sherman Oaks,
California
| $2.71K | – | – | – |
|
|
ASN
58
Advisory Services Network
Atlanta,
Georgia
| $1.61K | +$1.75K | +119 | New |
|
|
JWCA
59
J.W. Cole Advisors
Tampa,
Florida
| – | -$1.59M | -108,845 | Closed |
|
|
AC
60
Almitas Capital
Santa Monica,
California
| – | -$368K | -25,204 | Closed |
|
|
XT
61
XTX Topco
George Town,
Cayman Islands
| – | -$214K | -14,653 | Closed |
|
62
Bank of America
Charlotte,
North Carolina
| – | -$37.4K | -2,557 | Closed |
|
|
PWPS
63
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| – | -$380 | -26 | Closed |
|
CPZ Hedge Fund Activity: Q1 2026 in Review
58 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Calamos Long/Short Equity & Dynamic Income Trust (CPZ) for Q1 2026, worth a combined $79.6M — down 12% from $90.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new CPZ positions and 5 closed out — a net gain of 1 holder — while 28 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.03M. The largest seller was Advisors Asset Management, cutting an estimated $2.17M.
- 58 institutional investors held Calamos Long/Short Equity & Dynamic Income Trust (CPZ) as of Q1 2026, down from 59 in Q4 2025.
- Funds reported $79.6M of Calamos Long/Short Equity & Dynamic Income Trust stock for Q1 2026, down 12% quarter-over-quarter.
- 6 funds opened new Calamos Long/Short Equity & Dynamic Income Trust positions in Q1 2026 and 5 closed out, a net change of +1 holder.
- The largest Calamos Long/Short Equity & Dynamic Income Trust buyer in Q1 2026 was Morgan Stanley, an estimated $1.03M added.
- The largest Calamos Long/Short Equity & Dynamic Income Trust seller in Q1 2026 was Advisors Asset Management, an estimated $2.17M sold.
Based on aggregated 13F filings for Q1 2026.