Calamos Long/Short Equity & Dynamic Income Trust
CPZ
53 hedge funds and large institutions have $103M invested in Calamos Long/Short Equity & Dynamic Income Trust in 2024 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 20 increasing their positions, 17 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
18% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 17
8% more funds holding
Funds holding: 49 → 53 (+4)
4.6% less ownership
Funds ownership: 38.74% → 34.14% (-4.6%)
6% less capital invested
Capital invested by funds: $110M → $103M (-$6.51M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.59M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.49M |
| 3 |
AWM
Avior Wealth Management
Omaha,
Nebraska
|
+$403K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$383K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$286K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13.9M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.8M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.42M |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
-$892K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$671K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
51
Continuum Advisory
Eagle,
Idaho
| $11.1K | +$10.5K | +700 | New |
|
|
RCM
52
Raleigh Capital Management
Cary,
North Carolina
| $6.56K | +$1.88K | +125 | +42% |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| $3.04K | +$2.96K | +197 | New |
|
|
COLIM
54
City of London Investment Management
London,
United Kingdom
| – | -$671K | -46,457 | Closed |
|
|
NA
55
NewEdge Advisors
New Orleans,
Louisiana
| – | -$194K | -13,119 | Closed |
|
|
KACA
56
Kayne Anderson Capital Advisors
Los Angeles,
California
| – | -$171K | -11,800 | Closed |
|
57
Jane Street
New York
| – | -$154K | -10,644 | Closed |
|
58
Nomura Holdings
Tokyo,
Japan
| – | -$152K | -10,550 | Closed |
|
|
EC
59
Elequin Capital
New York
| – | -$131K | -9,036 | Closed |
|
|
GI
60
Gradient Investments
Arden Hills,
Minnesota
| – | -$14.4K | -1,000 | Closed |
|
CPZ Hedge Fund Activity: Q1 2024 in Review
53 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Calamos Long/Short Equity & Dynamic Income Trust (CPZ) for Q1 2024, worth a combined $103M — down 5.9% from $110M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CPZ positions and 7 closed out — a net gain of 4 holders — while 20 added to existing stakes and 17 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $3.59M. The largest seller was Morgan Stanley, cutting an estimated $13.9M.
- 53 institutional investors held Calamos Long/Short Equity & Dynamic Income Trust (CPZ) as of Q1 2024, up from 49 in Q4 2023.
- Funds reported $103M of Calamos Long/Short Equity & Dynamic Income Trust stock for Q1 2024, down 5.9% quarter-over-quarter.
- 11 funds opened new Calamos Long/Short Equity & Dynamic Income Trust positions in Q1 2024 and 7 closed out, a net change of +4 holders.
- The largest Calamos Long/Short Equity & Dynamic Income Trust buyer in Q1 2024 was Saba Capital Management, an estimated $3.59M added.
- The largest Calamos Long/Short Equity & Dynamic Income Trust seller in Q1 2024 was Morgan Stanley, an estimated $13.9M sold.
Based on aggregated 13F filings for Q1 2024.