Calamos Long/Short Equity & Dynamic Income Trust
CPZ
59 hedge funds and large institutions have $90.3M invested in Calamos Long/Short Equity & Dynamic Income Trust in 2025 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 23 increasing their positions, 17 reducing their positions, and 12 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
1.65% more ownership
Funds ownership: 29.81% → 31.46% (+1.6%)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0% more funds holding
Funds holding: 59 → 59 (0)
5% less capital invested
Capital invested by funds: $94.6M → $90.3M (-$4.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pathstone Holdings
Englewood,
New Jersey
|
+$2.75M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.91M |
| 3 |
Morgan Stanley
New York
|
+$1.84M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$925K |
| 5 |
Jane Street
New York
|
+$868K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$1.56M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.54M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.3M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$1.23M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$925K |
CPZ Hedge Fund Activity: Q4 2025 in Review
59 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Calamos Long/Short Equity & Dynamic Income Trust (CPZ) for Q4 2025, worth a combined $90.3M — down 4.5% from $94.6M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CPZ positions and 12 closed out — a net gain of 1 holder — while 23 added to existing stakes and 17 trimmed.
The largest buyer was Pathstone Holdings, opening a new position worth an estimated $2.75M. The largest seller was Cohen & Steers, exiting entirely with an estimated $1.56M sold.
- 59 institutional investors held Calamos Long/Short Equity & Dynamic Income Trust (CPZ) as of Q4 2025, unchanged from Q3 2025.
- Funds reported $90.3M of Calamos Long/Short Equity & Dynamic Income Trust stock for Q4 2025, down 4.5% quarter-over-quarter.
- 13 funds opened new Calamos Long/Short Equity & Dynamic Income Trust positions in Q4 2025 and 12 closed out, a net change of +1 holder.
- The largest Calamos Long/Short Equity & Dynamic Income Trust buyer in Q4 2025 was Pathstone Holdings, an estimated $2.75M added.
- The largest Calamos Long/Short Equity & Dynamic Income Trust seller in Q4 2025 was Cohen & Steers, an estimated $1.56M sold.
Based on aggregated 13F filings for Q4 2025.