Calamos Strategic Total Return Fund
137 hedge funds and large institutions have $243M invested in Calamos Strategic Total Return Fund in 2020 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 42 increasing their positions, 39 reducing their positions, and 18 closing their positions.
39% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 18
3% more funds holding
Funds holding: 133 → 137 (+4)
8% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 39
0.08% less ownership
Funds ownership: 16.11% → 16.03% (-0.08%)
28% less capital invested
Capital invested by funds: $339M → $243M (-$96.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$8.87M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.11M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.66M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$1.28M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$936K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$14.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.19M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.71M |
| 4 |
Morgan Stanley
New York
|
-$1.35M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.13M |
CSQ Hedge Fund Activity: Q1 2020 in Review
137 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Calamos Strategic Total Return Fund (CSQ) for Q1 2020, worth a combined $243M — down 28% from $339M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new CSQ positions and 18 closed out — a net gain of 7 holders — while 42 added to existing stakes and 39 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $8.87M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $14.8M sold.
- 137 institutional investors held Calamos Strategic Total Return Fund (CSQ) as of Q1 2020, up from 133 in Q4 2019.
- Funds reported $243M of Calamos Strategic Total Return Fund stock for Q1 2020, down 28% quarter-over-quarter.
- 25 funds opened new Calamos Strategic Total Return Fund positions in Q1 2020 and 18 closed out, a net change of +7 holders.
- The largest Calamos Strategic Total Return Fund buyer in Q1 2020 was Karpus Investment Management, an estimated $8.87M added.
- The largest Calamos Strategic Total Return Fund seller in Q1 2020 was Raymond James Financial Services Advisors, an estimated $14.8M sold.
Based on aggregated 13F filings for Q1 2020.