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Calamos Strategic Total Return Fund

217 hedge funds and large institutions have $664M invested in Calamos Strategic Total Return Fund in 2026 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 77 increasing their positions, 51 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 12

51% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 51

1% more funds holding

Funds holding: 214217 (+3)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.02% less ownership

Funds ownership: 24.07%24.05% (-0.02%)

11% less capital invested

Capital invested by funds: $744M → $664M (-$80.5M)

Holders
217
Holders Change
+3
Holders Change %
+1.4%
% of All Funds
2.67%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
20
Increased
77
Reduced
51
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$83.2M +$1.58M +84,345 +2%
Morgan Stanley
2
Morgan Stanley
New York
$74.7M +$2.9M +154,925 +4%
UBS Group
3
UBS Group
Switzerland
$66.9M -$427K -22,798 -0.6%
Wells Fargo
4
Wells Fargo
California
$52.4M +$103K +5,510 +0.2%
Raymond James Financial
5
Raymond James Financial
Florida
$36.4M +$625K +33,314 +2%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$36.3M +$1.72M +91,551 +5%
KIM
7
Karpus Investment Management
New York
$33.3M +$11.2M +598,819 +44%
LPL Financial
8
LPL Financial
California
$21M +$343K +18,299 +2%
B
9
Bensler
Washington
$19.1M +$517K +27,598 +3%
MGAM
10
McGowan Group Asset Management
Texas
$13.6M -$54K -2,883 -0.4%
Cetera Investment Advisers
11
Cetera Investment Advisers
Illinois
$13.4M +$522K +27,839 +4%
Rockefeller Capital Management
12
Rockefeller Capital Management
New York
$12.2M +$749K +39,947 +6%
AAM
13
Advisors Asset Management
Colorado
$11.1M -$505K -26,942 -4%
SFS
14
Shaker Financial Services
Virginia
$10.5M +$5.37M +286,709 +88%
P
15
&Partners
Tennessee
$9.51M -$467K -24,902 -4%
SWP
16
Stratos Wealth Partners
Ohio
$9M -$148K -7,874 -1%
1CP
17
1607 Capital Partners
Virginia
$7.41M +$5.28M +281,432 +186%
Stifel Financial
18
Stifel Financial
Missouri
$6.65M -$84.5K -4,506 -1%
Osaic Holdings
19
Osaic Holdings
Arizona
$5.66M +$562K +29,958 +10%
GC
20
Guggenheim Capital
Illinois
$5.56M -$863K -46,039 -12%
Truist Financial
21
Truist Financial
North Carolina
$5.28M +$421K +22,466 +8%
Ameriprise
22
Ameriprise
Minnesota
$4.91M -$232K -12,402 -4%
AWM
23
Apollon Wealth Management
South Carolina
$4.81M -$2.23M -118,903 -30%
RAM
24
Readystate Asset Management
Illinois
$4.05M -$4.83M -257,629 -52%
SAM
25
Smith Asset Management
Florida
$3.94M +$111K +5,907 +3%

CSQ Hedge Fund Activity: Q1 2026 in Review

217 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Calamos Strategic Total Return Fund (CSQ) for Q1 2026, worth a combined $664M — down 11% from $744M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new CSQ positions and 12 closed out — a net gain of 8 holders — while 77 added to existing stakes and 51 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $11.2M. The largest seller was Cornerstone Advisors, exiting entirely with an estimated $32.9M sold.

  • 217 institutional investors held Calamos Strategic Total Return Fund (CSQ) as of Q1 2026, up from 214 in Q4 2025.
  • Funds reported $664M of Calamos Strategic Total Return Fund stock for Q1 2026, down 11% quarter-over-quarter.
  • 20 funds opened new Calamos Strategic Total Return Fund positions in Q1 2026 and 12 closed out, a net change of +8 holders.
  • The largest Calamos Strategic Total Return Fund buyer in Q1 2026 was Karpus Investment Management, an estimated $11.2M added.
  • The largest Calamos Strategic Total Return Fund seller in Q1 2026 was Cornerstone Advisors, an estimated $32.9M sold.

Based on aggregated 13F filings for Q1 2026.