CALAMOS STRATEGIC TOTAL RETURN FUND (CSQ) — Institutional Holders, Q2 2026
224 institutional investment managers reported a CSQ position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $801.2M. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
CSQ in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- RAYMOND JAMES FINANCIALAdded · +230,339 sh+$4.7M
- 1607 Capital PartnersAdded · +202,825 sh+$4.2M
- RIVERNORTH CAPITAL MANAGEMENTAdded · +179,071 sh+$3.7M
- J.W. COLE ADVISORSNew · +125,610 sh+$2.6M
- Karpus ManagementAdded · +107,581 sh+$2.2M
Biggest sellers
- Shaker Financial ServicesTrimmed · -448,880 sh-$9.2M
- READYSTATE ASSET MANAGEMENTSold out · -236,613 sh-$4.9M
- Logan Stone CapitalSold out · -130,383 sh-$2.7M
- Calamos AdvisorsSold out · -85,160 sh-$1.8M
- MORGAN STANLEYTrimmed · -67,478 sh-$1.4M
CSQ 13F holders ranked 1–100 of 224
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | BANK OF AMERICA#1 · 4,865,484 sh | 4,865,484 | $100.0M | <0.01% | +0.2% |
| 2 | MORGAN STANLEY#2 · 4,298,735 sh | 4,298,735 | $88.4M | <0.01% | -1.5% |
| 3 | UBS Group AG#3 · 3,937,493 sh | 3,937,493 | $81.0M | 0.01% | +0.7% |
| 4 | WELLS FARGO & COMPANY#4 · 3,045,129 sh | 3,045,129 | $62.6M | 0.01% | -0.6% |
| 5 | RAYMOND JAMES FINANCIAL#5 · 2,356,479 sh | 2,356,479 | $48.4M | 0.01% | +10.8% |
| 6 | ROYAL BANK OF CANADA#6 · 2,162,971 sh | 2,162,971 | $44.5M | <0.01% | +2.1% |
| 7 | Karpus Management#7 · 2,052,204 sh | 2,052,204 | $42.2M | 1.21% | +5.5% |
| 8 | LPL Financial#8 · 1,248,517 sh | 1,248,517 | $25.7M | <0.01% | +2.0% |
| 9 | Bensler#9 · 1,152,865 sh | 1,152,865 | $23.7M | 2.10% | +3.4% |
| 10 | McGowan Group Asset Management#10 · 787,259 sh | 787,259 | $16.2M | 1.97% | -0.9% |
| 11 | Cetera Investment Advisers#11 · 772,014 sh | 772,014 | $15.9M | 0.01% | -1.4% |
| 12 | Rockefeller Capital Management L.P.#12 · 748,412 sh | 748,412 | $15.4M | 0.02% | +5.4% |
| 13 | Advisors Asset Management#13 · 699,531 sh | 699,531 | $14.4M | 0.22% | +7.8% |
| 14 | 1607 Capital Partners#14 · 635,466 sh | 635,466 | $13.1M | 1.14% | +46.9% |
| 15 | Stratos Wealth Partners, LTD.#15 · 527,617 sh | 527,617 | $10.8M | 0.11% | +0.3% |
| 16 | WILEY BROS.-AINTREE CAPITAL#16 · 501,570 sh | 501,570 | $10.2M | 0.04% | -9.7% |
| 17 | STIFEL FINANCIAL#17 · 412,706 sh | 412,706 | $8.5M | <0.01% | +6.2% |
| 18 | OSAIC#18 · 369,250 sh | 369,250 | $7.6M | <0.01% | +11.8% |
| 19 | RIVERNORTH CAPITAL MANAGEMENT#19 · 351,534 sh | 351,534 | $7.2M | 0.34% | +103.8% |
| 20 | GUGGENHEIM CAPITAL#20 · 338,003 sh | 338,003 | $6.9M | 0.04% | +4.1% |
| 21 | TRUIST FINANCIAL#21 · 315,627 sh | 315,627 | $6.5M | <0.01% | +2.4% |
| 22 | AMERIPRISE FINANCIAL#22 · 301,478 sh | 301,478 | $6.2M | <0.01% | +5.1% |
| 23 | Apollon Wealth Management#23 · 274,887 sh | 274,887 | $5.7M | — | -2.2% |
| 24 | Janney Montgomery Scott#24 · 237,208 sh | 237,208 | $4.9M | <0.01% | +7.3% |
| 25 | Smith Asset Management#25 · 226,606 sh | 226,606 | $4.7M | — | -1.4% |
| 26 | WOLVERINE ASSET MANAGEMENT#26 · 225,353 sh | 225,353 | $4.6M | 0.04% | +6.9% |
| 27 | ENVESTNET ASSET MANAGEMENT#27 · 195,505 sh | 195,505 | $4.0M | <0.01% | +33.0% |
| 28 | Sanctuary Advisors#28 · 166,343 sh | 166,343 | $3.4M | 0.02% | -0.2% |
| 29 | Cambridge Investment Research Advisors#29 · 164,163 sh | 164,163 | $3.4M | <0.01% | -1.2% |
| 30 | Shaker Financial Services#30 · 163,703 sh | 163,703 | $3.4M | — | -73.3% |
| 31 | PMG Family Office#31 · 162,340 sh | 162,340 | $3.3M | — | +0.7% |
| 32 | COMMONWEALTH EQUITY SERVICES#32 · 159,926 sh | 159,926 | $3.3M | <0.01% | +0.4% |
| 33 | Prairie Wealth Advisors#33 · 0 sh | 0 | $3.2M | 0.76% | New |
| 34 | DAVENPORT#34 · 147,497 sh | 147,497 | $3.0M | — | -11.8% |
| 35 | World Investment Advisors#35 · 170,261 sh | 170,261 | $2.9M | 0.05% | -1.0% |
| 36 | Savant Capital#36 · 136,791 sh | 136,791 | $2.8M | <0.01% | +1.1% |
| 37 | Clearstead Advisors#37 · 133,571 sh | 133,571 | $2.7M | 0.03% | -2.0% |
| 38 | J.W. COLE ADVISORS#38 · 125,610 sh | 125,610 | $2.6M | 0.04% | New |
| 39 | HighTower Advisors#39 · 121,577 sh | 121,577 | $2.5M | <0.01% | +1.2% |
| 40 | Steward Partners Investment Advisory#40 · 121,061 sh | 121,061 | $2.5M | 0.01% | -1.9% |
| 41 | FOUNDERS FINANCIAL SECURITIES#41 · 120,550 sh | 120,550 | $2.5M | 0.13% | +1.5% |
| 42 | Mariner#42 · 117,049 sh | 117,049 | $2.4M | <0.01% | +9.3% |
| 43 | Pointe Capital Management#43 · 115,602 sh | 115,602 | $2.4M | 1.06% | -6.8% |
| 44 | Aviance Capital Partners#44 · 98,505 sh | 98,505 | $2.0M | 0.21% | -0.3% |
| 45 | Kestra Advisory Services#45 · 93,995 sh | 93,995 | $1.9M | <0.01% | +7.2% |
| 46 | Meridian Wealth Advisors#46 · 85,722 sh | 85,722 | $1.8M | 0.20% | 0.0% |
| 47 | Calamos Wealth Management#47 · 85,160 sh | 85,160 | $1.8M | 0.05% | 0.0% |
| 48 | Private Advisor Group#48 · 84,798 sh | 84,798 | $1.7M | <0.01% | +3.5% |
| 49 | LAKE STREET PRIVATE WEALTH#49 · 84,348 sh | 84,348 | $1.7M | — | +13.6% |
| 50 | SRS Capital Advisors#50 · 80,528 sh | 80,528 | $1.7M | 0.01% | New |
| 51 | CAPTRUST FINANCIAL ADVISORS#51 · 80,272 sh | 80,272 | $1.7M | <0.01% | -41.7% |
| 52 | OPPENHEIMER#52 · 72,256 sh | 72,256 | $1.5M | — | -1.1% |
| 53 | Snowden Capital Advisors#53 · 71,588 sh | 71,588 | $1.5M | 0.03% | +8.7% |
| 54 | Beacon Pointe Advisors#54 · 71,451 sh | 71,451 | $1.5M | <0.01% | +104.2% |
| 55 | FIFTH THIRD BANCORP#55 · 65,469 sh | 65,469 | $1.3M | <0.01% | -1.2% |
| 56 | PNC FINANCIAL SERVICES GROUP#56 · 65,425 sh | 65,425 | $1.3M | <0.01% | +3.4% |
| 57 | Mesirow Financial Investment Management#57 · 61,156 sh | 61,156 | $1.3M | 0.02% | +0.3% |
| 58 | CENTRAL#58 · 59,008 sh | 59,008 | $1.2M | 0.02% | -1.8% |
| 59 | HARBOUR INVESTMENTS#59 · 57,616 sh | 57,616 | $1.2M | 0.02% | 0.0% |
| 60 | NewEdge Advisors#60 · 57,600 sh | 57,600 | $1.2M | <0.01% | New |
| 61 | Invesco Ltd.#61 · 54,311 sh | 54,311 | $1.1M | <0.01% | -29.1% |
| 62 | Dakota Wealth Management#62 · 54,052 sh | 54,052 | $1.1M | 0.02% | +0.8% |
| 63 | PFG Investments#63 · 47,492 sh | 47,492 | $976.4K | 0.04% | +19.7% |
| 64 | David J Yvars Group#64 · 45,208 sh | 45,208 | $923.8K | — | +4.2% |
| 65 | Concurrent Investment Advisors#65 · 44,345 sh | 44,345 | $911.7K | — | +5.3% |
| 66 | Waverly Advisors#66 · 42,653 sh | 42,653 | $876.9K | <0.01% | -5.7% |
| 67 | Western Wealth Management#67 · 38,810 sh | 38,810 | $797.9K | 0.03% | 0.0% |
| 68 | Palogic Value Management, L.P.#68 · 38,800 sh | 38,800 | $797.7K | 0.26% | 0.0% |
| 69 | Brookstone Capital Management#69 · 38,658 sh | 38,658 | $794.8K | — | +36.4% |
| 70 | TrueMark Investments#70 · 35,665 sh | 35,665 | $733.3K | 0.09% | +7.1% |
| 71 | PW Nova Financial Services#71 · 35,485 sh | 35,485 | $729.6K | — | +0.2% |
| 72 | Aptus Capital Advisors#72 · 34,611 sh | 34,611 | $711.6K | <0.01% | +0.2% |
| 73 | Quad-Cities Investment Group#73 · 33,337 sh | 33,337 | $685.4K | — | +9.1% |
| 74 | Integrated Wealth Concepts#74 · 32,840 sh | 32,840 | $675.2K | <0.01% | +11.9% |
| 75 | QTR Family Wealth#75 · 32,408 sh | 32,408 | $666.3K | 0.23% | +0.1% |
| 76 | NWF Advisory Services#76 · 32,334 sh | 32,334 | $664.8K | — | +6.6% |
| 77 | Waterloo Capital, L.P.#77 · 32,122 sh | 32,122 | $660.4K | 0.04% | New |
| 78 | GOLDMAN SACHS GROUP#78 · 32,032 sh | 32,032 | $658.6K | <0.01% | +1.2% |
| 79 | XTX Topco Ltd#79 · 31,619 sh | 31,619 | $650.1K | <0.01% | New |
| 80 | WEALTH ENHANCEMENT ADVISORY SERVICES#80 · 31,007 sh | 31,007 | $644.9K | — | +13.2% |
| 81 | Pathstone#81 · 30,885 sh | 30,885 | $635.0K | <0.01% | 0.0% |
| 82 | Advisory Advocates#82 · 30,574 sh | 30,574 | $628.6K | 0.54% | +0.8% |
| 83 | D.A. DAVIDSON#83 · 29,301 sh | 29,301 | $602.4K | <0.01% | 0.0% |
| 84 | Summit Financial#84 · 29,230 sh | 29,230 | $601.0K | <0.01% | +37.6% |
| 85 | Wealthcare Advisory Partners#85 · 29,166 sh | 29,166 | $599.7K | — | +3.6% |
| 86 | Gryphon Financial Partners#86 · 28,982 sh | 28,982 | $595.9K | 0.05% | 0.0% |
| 87 | Kovack Advisors#87 · 28,768 sh | 28,768 | $593.2K | 0.03% | -9.2% |
| 88 | Mezzasalma Advisors#88 · 26,800 sh | 26,800 | $551.0K | — | -0.9% |
| 89 | NATIONS FINANCIAL GROUP , /IA#89 · 26,662 sh | 26,662 | $548.2K | 0.03% | +8.2% |
| 90 | LOWE BROCKENBROUGH#90 · 26,637 sh | 26,637 | $547.7K | 0.02% | 0.0% |
| 91 | DOLIVER ADVISORS#91 · 26,484 sh | 26,484 | $544.5K | — | 0.0% |
| 92 | MGO ONE SEVEN#92 · 25,745 sh | 25,745 | $529.3K | <0.01% | New |
| 93 | WCG Wealth Advisors#93 · 25,688 sh | 25,688 | $528.1K | 0.01% | 0.0% |
| 94 | Baird Financial Group#94 · 24,878 sh | 24,878 | $511.5K | <0.01% | +8.6% |
| 95 | JANE STREET GROUP#95 · 24,775 sh | 24,775 | $509.4K | 0.00% | -29.6% |
| 96 | Creative Planning#96 · 23,961 sh | 23,961 | $492.6K | <0.01% | New |
| 97 | Fairman Group#97 · 23,569 sh | 23,569 | $484.6K | — | 0.0% |
| 98 | GUARDIAN WEALTH ADVISORS, / NC#98 · 22,822 sh | 22,822 | $469.2K | 0.03% | +0.3% |
| 99 | Uniting Wealth Partners#99 · 22,519 sh | 22,519 | $463.0K | 0.09% | -2.0% |
| 100 | Caprock Group#100 · 21,771 sh | 21,771 | $447.6K | <0.01% | +10.3% |
Funds that sold out of CSQ in Q2 2026 (12)
Held CSQ at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
| Institution | Shares sold | Value in Q1 2026 |
|---|---|---|
| READYSTATE ASSET MANAGEMENT236,613 sh | 236,613 | $4.1M |
| Logan Stone Capital130,383 sh | 130,383 | $2.2M |
| Calamos Advisors85,160 sh | 85,160 | $1.5M |
| NINE MASTS CAPITAL Ltd27,663 sh | 27,663 | $473.6K |
| Cascade Financial Partners18,723 sh | 18,723 | $320.5K |
| Compass Planning Associates17,898 sh | 17,898 | $306.4K |
| Norris Financial Group12,000 sh | 12,000 | $205.4K |
| Virtu Financial11,084 sh | 11,084 | $190.0K |
| Advisory Services Network8,354 sh | 8,354 | $143.0K |
| Hilltop National Bank1,118 sh | 1,118 | $19.1K |
| Rossby Financial, LCC486 sh | 486 | $8.5K |
| Tower Research Capital (TRC)35 sh | 35 | $599.00 |
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.