Calamos Strategic Total Return Fund
CSQ
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.
509% more capital inflows, than outflows
Capital inflows: $48M | Capital outflows: $7.88M
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: 2 → 3 (+1)
40% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 48
3% more funds holding
Funds holding: 201 → 208 (+7)
1.29% more ownership
Funds ownership: 22.03% → 23.33% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$14.4M |
| 2 |
&Partners
Nashville,
Tennessee
|
+$7.71M |
| 3 |
World Investment Advisors
Santa Barbara,
California
|
+$2.56M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.9M |
| 5 |
Karpus Investment Management
Pittsford,
New York
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.87M |
| 2 |
Guggenheim Capital
Chicago,
Illinois
|
-$1.09M |
| 3 |
Arete Wealth Advisors
Chicago,
Illinois
|
-$627K |
| 4 |
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$562K |
| 5 |
Readystate Asset Management
Chicago,
Illinois
|
-$514K |
CSQ Hedge Fund Activity: Q3 2025 in Review
208 of the 7,649 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.