Calamos Long/Short Equity & Dynamic Income Trust
CPZ
52 hedge funds and large institutions have $96.7M invested in Calamos Long/Short Equity & Dynamic Income Trust in 2025 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
4% more funds holding
Funds holding: 50 → 52 (+2)
4% less capital invested
Capital invested by funds: $100M → $96.7M (-$3.81M)
2.86% less ownership
Funds ownership: 34.51% → 31.65% (-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 |
CPZ Hedge Fund Activity: Q1 2025 in Review
52 of the 7,473 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 $96.7M — down 3.8% from $100M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CPZ positions and 8 closed out — a net gain of 2 holders — 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.
- 52 institutional investors held Calamos Long/Short Equity & Dynamic Income Trust (CPZ) as of Q1 2025, up from 50 in Q4 2024.
- Funds reported $96.7M of Calamos Long/Short Equity & Dynamic Income Trust stock for Q1 2025, down 3.8% quarter-over-quarter.
- 10 funds opened new Calamos Long/Short Equity & Dynamic Income Trust positions in Q1 2025 and 8 closed out, a net change of +2 holders.
- 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.