Calamos Long/Short Equity & Dynamic Income Trust
CPZ
40 hedge funds and large institutions have $115M invested in Calamos Long/Short Equity & Dynamic Income Trust in 2021 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 6 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
0.92% less ownership
Funds ownership: 31.06% → 30.14% (-0.92%)
5% less funds holding
Funds holding: 42 → 40 (-2)
7% less capital invested
Capital invested by funds: $124M → $115M (-$8.82M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.34M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.83M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.6M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$878K |
| 5 |
Morgan Stanley
New York
|
+$867K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$8.08M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$2.68M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.06M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$955K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$649K |
CPZ Hedge Fund Activity: Q4 2021 in Review
40 of the 6,519 institutional investors tracked by Wall St. Rank reported a position in Calamos Long/Short Equity & Dynamic Income Trust (CPZ) for Q4 2021, worth a combined $115M — down 7.1% from $124M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CPZ and 4 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 16 added.
The largest buyer was Sit Investment Associates, adding an estimated $4.34M. The largest seller was Saba Capital Management, cutting an estimated $8.08M.
- 40 institutional investors held Calamos Long/Short Equity & Dynamic Income Trust (CPZ) as of Q4 2021, down from 42 in Q3 2021.
- Funds reported $115M of Calamos Long/Short Equity & Dynamic Income Trust stock for Q4 2021, down 7.1% quarter-over-quarter.
- 4 funds opened new Calamos Long/Short Equity & Dynamic Income Trust positions in Q4 2021 and 6 closed out, a net change of -2 holders.
- The largest Calamos Long/Short Equity & Dynamic Income Trust buyer in Q4 2021 was Sit Investment Associates, an estimated $4.34M added.
- The largest Calamos Long/Short Equity & Dynamic Income Trust seller in Q4 2021 was Saba Capital Management, an estimated $8.08M sold.
Based on aggregated 13F filings for Q4 2021.