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Calamos Strategic Total Return Fund

208 hedge funds and large institutions have $722M invested in Calamos Strategic Total Return Fund in 2025 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 67 increasing their positions, 48 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 12

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

40% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 48

12% more capital invested

Capital invested by funds: $645M → $722M (+$77M)

3% more funds holding

Funds holding: 201208 (+7)

1.29% more ownership

Funds ownership: 22.03%23.33% (+1.3%)

Holders
208
Holders Change
+7
Holders Change %
+3.48%
% of All Funds
2.73%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
23
Increased
67
Reduced
48
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NSIM
201
North Star Investment Management
Illinois
$7.72K
AG
202
AmeriFlex Group
Nevada
$5.79K +$5.58K +300 New
BCWM
203
Bartlett & Co Wealth Management
Ohio
$5.21K
KFI
204
Key Financial Inc
Pennsylvania
$4.84K
CSB
205
City State Bank
Iowa
$3.86K
AAP
206
Arax Advisory Partners
Colorado
$3.55K
SWA
207
SOA Wealth Advisors
New York
$3.39K +$56 +3 +2%
T
208
Tidemark
California
$328
GSWM
209
Golden State Wealth Management
California
$116
Russell Investments Group
210
Russell Investments Group
United Kingdom
$4
AWA
211
Arete Wealth Advisors
Illinois
-$627K -34,356 Closed
KA
212
Kovack Advisors
Florida
-$562K -30,825 Closed
EC
213
Elequin Capital
New York
-$378K -20,704 Closed
BPA
214
Beacon Pointe Advisors
California
-$188K -10,329 Closed
Creative Planning
215
Creative Planning
Kansas
-$187K -10,250 Closed
TCOV
216
Trust Company of Vermont
Vermont
-$96.5K -5,289 Closed
GIA
217
GHP Investment Advisors
Colorado
-$62K -3,400 Closed
T
218
Transce3nd
Texas
-$12.9K -707 Closed
BHWM
219
Beaird Harris Wealth Management
Texas
-$5.93K -325 Closed
FIM
220
FWL Investment Management
Texas
-$2.1K -115 Closed
TRCT
221
Tower Research Capital (TRC)
New York
-$438 -24 Closed

CSQ Hedge Fund Activity: Q3 2025 in Review

208 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Calamos Strategic Total Return Fund (CSQ) for Q3 2025, worth a combined $722M — up 12% from $645M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new CSQ positions and 12 closed out — a net gain of 11 holders — while 67 added to existing stakes and 48 trimmed.

The largest buyer was Cornerstone Advisors, adding an estimated $14.4M. The largest seller was Wells Fargo, cutting an estimated $1.87M.

  • 208 institutional investors held Calamos Strategic Total Return Fund (CSQ) as of Q3 2025, up from 201 in Q2 2025.
  • Funds reported $722M of Calamos Strategic Total Return Fund stock for Q3 2025, up 12% quarter-over-quarter.
  • 23 funds opened new Calamos Strategic Total Return Fund positions in Q3 2025 and 12 closed out, a net change of +11 holders.
  • The largest Calamos Strategic Total Return Fund buyer in Q3 2025 was Cornerstone Advisors, an estimated $14.4M added.
  • The largest Calamos Strategic Total Return Fund seller in Q3 2025 was Wells Fargo, an estimated $1.87M sold.

Based on aggregated 13F filings for Q3 2025.