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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
Bank of America
1
Bank of America
North Carolina
$92.3M +$896K +48,205 +1%
Morgan Stanley
2
Morgan Stanley
New York
$83M +$1.76M +94,498 +2%
UBS Group
3
UBS Group
Switzerland
$76.1M -$144K -7,754 -0.2%
Wells Fargo
4
Wells Fargo
California
$61.5M -$1.87M -100,678 -3%
CA
5
Cornerstone Advisors
North Carolina
$42.7M +$14.4M +772,878 +54%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$39M +$439K +23,635 +1%
Raymond James Financial
7
Raymond James Financial
Florida
$38.4M -$79.5K -4,276 -0.2%
LPL Financial
8
LPL Financial
California
$21.5M +$704K +37,877 +4%
B
9
Bensler
Washington
$19.4M +$244K +13,106 +1%
MGAM
10
McGowan Group Asset Management
Texas
$15.3M +$180K +9,672 +1%
Cetera Investment Advisers
11
Cetera Investment Advisers
Illinois
$14.7M +$1.41M +76,051 +11%
Rockefeller Capital Management
12
Rockefeller Capital Management
New York
$12M +$361K +19,450 +3%
SWP
13
Stratos Wealth Partners
Ohio
$10.1M +$235K +12,622 +2%
AAM
14
Advisors Asset Management
Colorado
$10M -$175K -9,436 -2%
SFS
15
Shaker Financial Services
Virginia
$9.59M +$1.9M +102,247 +26%
P
16
&Partners
Tennessee
$8.32M +$7.71M +415,111 +2,564%
AWM
17
Apollon Wealth Management
South Carolina
$7.86M -$41.1K -2,211 -0.5%
PAMP
18
Polar Asset Management Partners
Ontario, Canada
$7.58M +$376K +20,207 +5%
Stifel Financial
19
Stifel Financial
Missouri
$7.35M -$29.1K -1,566 -0.4%
GC
20
Guggenheim Capital
Illinois
$7.25M -$1.09M -58,522 -13%
Truist Financial
21
Truist Financial
North Carolina
$5.43M +$287K +15,463 +6%
Osaic Holdings
22
Osaic Holdings
Arizona
$5.4M +$101K +5,444 +2%
Ameriprise
23
Ameriprise
Minnesota
$5.38M +$210K +11,288 +4%
SAM
24
Smith Asset Management
Florida
$4.4M -$20.3K -1,090 -0.5%
Janney Montgomery Scott
25
Janney Montgomery Scott
Pennsylvania
$4.05M +$388K +20,905 +11%

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.