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.
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: 214 → 217 (+3)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$11.2M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$5.37M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$5.28M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.23M |
| 5 |
Morgan Stanley
New York
|
+$2.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$32.9M |
| 2 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
-$4.83M |
| 3 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$2.29M |
| 4 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
-$2.23M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Mercer Global Advisors
Denver,
Colorado
| – | -$203K | -10,593 | Closed |
|
|
BTI
227
Blue Trust Inc
Alpharetta,
Georgia
| – | -$188K | -9,768 | Closed |
|
|
FHA
228
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$19.2K | -1,000 | Closed |
|
|
NL
229
Navalign LLC
Encino,
California
| – | -$11K | -572 | Closed |
|
|
BWAM
230
Boyd Watterson Asset Management
Cleveland,
Ohio
| – | -$9.6K | -500 | Closed |
|
|
GI
231
GAMMA Investing
Foster City,
California
| – | -$5.76K | -300 | Closed |
|
|
EPG
232
Estate Planners Group
Yardley,
Pennsylvania
| – | -$2.88K | -150 | Closed |
|
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.