Calamos Strategic Total Return Fund
121 hedge funds and large institutions have $281M invested in Calamos Strategic Total Return Fund in 2018 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 38 increasing their positions, 32 reducing their positions, and 19 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 32
1.43% less ownership
Funds ownership: 16.69% → 15.26% (-1.4%)
2% less funds holding
Funds holding: 124 → 121 (-3)
10% less capital invested
Capital invested by funds: $313M → $281M (-$32.1M)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.31M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.14M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.19M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$1.48M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$16.8M |
| 2 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$10.2M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.36M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$4.83M |
| 5 |
SIA
Starfire Investment Advisers
Southfield,
Michigan
|
-$3.44M |
CSQ Hedge Fund Activity: Q1 2018 in Review
121 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Calamos Strategic Total Return Fund (CSQ) for Q1 2018, worth a combined $281M — down 10% from $313M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of CSQ and 17 opened new positions — a net loss of 2 holders — while 32 trimmed existing stakes and 38 added.
The largest buyer was Morgan Stanley, adding an estimated $3.31M. The largest seller was UBS Group, cutting an estimated $16.8M.
- 121 institutional investors held Calamos Strategic Total Return Fund (CSQ) as of Q1 2018, down from 124 in Q4 2017.
- Funds reported $281M of Calamos Strategic Total Return Fund stock for Q1 2018, down 10% quarter-over-quarter.
- 17 funds opened new Calamos Strategic Total Return Fund positions in Q1 2018 and 19 closed out, a net change of -2 holders.
- The largest Calamos Strategic Total Return Fund buyer in Q1 2018 was Morgan Stanley, an estimated $3.31M added.
- The largest Calamos Strategic Total Return Fund seller in Q1 2018 was UBS Group, an estimated $16.8M sold.
Based on aggregated 13F filings for Q1 2018.