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Calamos Strategic Total Return Fund

201 hedge funds and large institutions have $645M invested in Calamos Strategic Total Return Fund in 2025 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 78 increasing their positions, 54 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 54

33% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 12

16% more capital invested

Capital invested by funds: $556M → $645M (+$88.2M)

1% more funds holding

Funds holding: 199201 (+2)

0.36% more ownership

Funds ownership: 21.68%22.03% (+0.36%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
201
Holders Change
+2
Holders Change %
+1.01%
% of All Funds
2.65%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
16
Increased
78
Reduced
54
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
$86.4M -$818K -49,339 -1%
Morgan Stanley
2
Morgan Stanley
New York
$76.7M -$118K -7,114 -0.2%
UBS Group
3
UBS Group
Switzerland
$72.1M -$2.87M -173,015 -4%
Wells Fargo
4
Wells Fargo
California
$60M +$1.09M +65,799 +2%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$36.5M +$765K +46,179 +2%
Raymond James Financial
6
Raymond James Financial
Florida
$36.4M +$1.12M +67,576 +4%
CA
7
Cornerstone Advisors
North Carolina
$26.2M +$2.62M +157,864 +12%
LPL Financial
8
LPL Financial
California
$19.7M +$316K +19,056 +2%
B
9
Bensler
Washington
$18.1M +$28.5K +1,720 +0.2%
MGAM
10
McGowan Group Asset Management
Texas
$14.3M +$485K +29,291 +4%
Cetera Investment Advisers
11
Cetera Investment Advisers
Illinois
$12.5M -$16.2K -979 -0.1%
Rockefeller Capital Management
12
Rockefeller Capital Management
New York
$11M +$3.02M +182,338 +43%
AAM
13
Advisors Asset Management
Colorado
$9.67M +$378K +22,793 +4%
SWP
14
Stratos Wealth Partners
Ohio
$9.35M +$1.6M +96,384 +23%
GC
15
Guggenheim Capital
Illinois
$7.93M +$143K +8,652 +2%
AWM
16
Apollon Wealth Management
South Carolina
$7.48M -$52.6K -3,175 -0.8%
SFS
17
Shaker Financial Services
Virginia
$7.2M +$551K +33,274 +9%
Stifel Financial
18
Stifel Financial
Missouri
$6.98M +$1.7M +102,745 +37%
PAMP
19
Polar Asset Management Partners
Ontario, Canada
$6.8M +$4.15M +250,257 +205%
Osaic Holdings
20
Osaic Holdings
Arizona
$5.12M -$280K -16,897 -6%
Ameriprise
21
Ameriprise
Minnesota
$4.87M +$92.3K +5,568 +2%
Truist Financial
22
Truist Financial
North Carolina
$4.85M +$136K +8,183 +3%
SAM
23
Smith Asset Management
Florida
$4.18M -$14.8K -893 -0.4%
DC
24
Davenport & Co
Virginia
$3.77M -$142K -8,581 -4%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$3.51M +$145K +8,769 +5%

CSQ Hedge Fund Activity: Q2 2025 in Review

201 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Calamos Strategic Total Return Fund (CSQ) for Q2 2025, worth a combined $645M — up 16% from $556M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new CSQ positions and 12 closed out — a net gain of 4 holders — while 78 added to existing stakes and 54 trimmed.

The largest buyer was Polar Asset Management Partners, adding an estimated $4.15M. The largest seller was UBS Group, cutting an estimated $2.87M.

  • 201 institutional investors held Calamos Strategic Total Return Fund (CSQ) as of Q2 2025, up from 199 in Q1 2025.
  • Funds reported $645M of Calamos Strategic Total Return Fund stock for Q2 2025, up 16% quarter-over-quarter.
  • 16 funds opened new Calamos Strategic Total Return Fund positions in Q2 2025 and 12 closed out, a net change of +4 holders.
  • The largest Calamos Strategic Total Return Fund buyer in Q2 2025 was Polar Asset Management Partners, an estimated $4.15M added.
  • The largest Calamos Strategic Total Return Fund seller in Q2 2025 was UBS Group, an estimated $2.87M sold.

Based on aggregated 13F filings for Q2 2025.