Calamos Long/Short Equity & Dynamic Income Trust
CPZ
51 hedge funds and large institutions have $96.5M invested in Calamos Long/Short Equity & Dynamic Income Trust in 2025 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
2% more funds holding
Funds holding: 50 → 51 (+1)
4% less capital invested
Capital invested by funds: $100M → $96.5M (-$3.99M)
2.92% less ownership
Funds ownership: 34.51% → 31.58% (-2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.13M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$480K |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$446K |
| 4 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$445K |
| 5 |
AWS
Atria Wealth Solutions
New York
|
+$404K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$7.3M |
| 2 |
Morgan Stanley
New York
|
-$2.42M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$736K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$733K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$485K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
51
AQR Arbitrage
Greenwich,
Connecticut
| – | -$733K | -49,416 | Closed |
|
|
SFS
52
Shaker Financial Services
Arlington,
Virginia
| – | -$736K | -49,239 | Closed |
|
|
53
Citadel Advisors
Miami,
Florida
| – | -$485K | -32,694 | Closed |
|
|
CWM
54
Calamos Wealth Management
Naperville,
Illinois
| – | -$397K | -26,783 | Closed |
|
|
EC
55
Elequin Capital
New York
| – | -$16.4K | -1,105 | Closed |
|
|
WAS
56
Winch Advisory Services
Appleton,
Wisconsin
| – | -$776 | -52 | Closed |
|
|
WA
57
WPG Advisers
Baltimore,
Maryland
| – | -$549 | -37 | Closed |
|
58
Fidelity Investments
Boston,
Massachusetts
| – | -$15 | -1 | Closed |
|
CPZ Hedge Fund Activity: Q1 2025 in Review
51 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Calamos Long/Short Equity & Dynamic Income Trust (CPZ) for Q1 2025, worth a combined $96.5M — down 4% from $100M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CPZ positions and 8 closed out — a net gain of 1 holder — while 18 added to existing stakes and 16 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.13M. The largest seller was Saba Capital Management, cutting an estimated $7.3M.
- 51 institutional investors held Calamos Long/Short Equity & Dynamic Income Trust (CPZ) as of Q1 2025, up from 50 in Q4 2024.
- Funds reported $96.5M of Calamos Long/Short Equity & Dynamic Income Trust stock for Q1 2025, down 4% quarter-over-quarter.
- 9 funds opened new Calamos Long/Short Equity & Dynamic Income Trust positions in Q1 2025 and 8 closed out, a net change of +1 holder.
- The largest Calamos Long/Short Equity & Dynamic Income Trust buyer in Q1 2025 was Sit Investment Associates, an estimated $1.13M added.
- The largest Calamos Long/Short Equity & Dynamic Income Trust seller in Q1 2025 was Saba Capital Management, an estimated $7.3M sold.
Based on aggregated 13F filings for Q1 2025.