Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Calamos ETF Tr (CPSJ)

27 + Investors. Track Smart Money conviction in CPSJ. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -5
Streak
1Q ▼
Buyers last Q
24%

Smart Money Signals — CPSJ

Based on 27 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their CPSJ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 84% of 2.0Y peak

84% of all-time peak
27 funds currently hold this stock — 84% of the 2.0-year high of 32 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +17% more funds vs a year ago

fund count last 6Q
+4 new funds entered over the past year (+17% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🔴

Heavy selling pressure — only 24% buying

4 buying13 selling
Last quarter: 13 funds sold vs only 4 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~2 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 4 → 8 → 7 → 2. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 33% entered in last year

■ 0% conviction (2yr+) ■ 67% medium ■ 33% new
Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
📊

Peak discovery — momentum slowing

1 → 4 → 8 → 7 → 2 new funds/Q
New funds entering each quarter: 4 → 8 → 7 → 2. CPSJ is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
📊

Mixed cohorts — 0% veterans, 41% new entrants

■ 0% veterans ■ 59% 1-2yr ■ 41% new
Of 27 current holders: 0 (0%) held 2+ years, 16 held 1–2 years, 11 (41%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 2% AUM from top-100

2% from top-100 AUM funds
1 of 27 holders rank in the top 100 by AUM, but together hold only 2% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.7
out of 10
Moderate Exit Risk
Exit risk score 4.7/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CPSJ

In 2026 Q1, 4 hedge funds were net buyers of CPSJ (2 opened a new position, 2 added to an existing one), while 13 reduced or exited (6 trimmed, 7 sold completely) — a 24% buyer ratio, indicating net institutional distribution. Net fund flow last quarter: -5 funds (more exits than new entries). Total institutional holders: 27.

Hedge Fund Ownership: CPSJ

How many hedge funds hold CPSJ — quarterly history vs. share price
Quarterly hedge fund ownership of CPSJ vs. share price

Market Analysis: CPSJ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CPSJ

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Calamos ETF Tr (CPSJ) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CPSJ has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
CPSJ
+2.7%
SPY
+15.9%

CPSJ outperformed SPY by -13.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
CPSJ
+0.5%
SPY
+2.0%

Since the filing became public, CPSJ outperformed SPY by -1.5% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

0 top-rated funds 0 high-conviction
Consensus
0.0
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: CPSJ
27 + Investors

Track Smart Money conviction in CPSJ. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 27 32 -15.62%
13F Shares 981K 928K 5.78%
Total Value $25M $25M 0.72%
New Positions 2 7 -5
Increased Positions 2 3 -1
Closed Positions 7 4 +3
Reduced Positions 6 10 -4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: CPSJ

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Financial Highlights

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Institutional Holders (2026 Q1)

27 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CPSJ. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CPSJ holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Grantvest Financial Group LLC 0.91% 52,302 $1.4M
2 Blue Water Asset Management 0.27% 29,178 $784K
3 LeClair Wealth Partners LLC 0.27% 29,178 $784K
4 CAP Partners, LLC 0.17% 11,283 $303K
5 Astoria Portfolio Advisors LLC. 0.16% 27,039 $740K
6 Sterling Financial Planning, Inc. 0.08% 9,447 $254K
7 Calamos Wealth Management LLC 0.07% 79,129 $2.1M
8 Able Wealth Management LLC 0.06% 8,340 $224K
9 Ellis Investment Partners, LLC 0.05% 11,560 $311K
10 Calamos Advisors LLC 0.04% 411,925 $11.1M
11 NBZ Investment Advisors LLC 0.02% 2,033 $55K
12 Burkett Financial Services, LLC 0.02% 1,678 $45K
13 PFG Advisors 0.01% 10,925 $294K
14 Old Mission Capital LLC 0.01% 22,965 $617K
15 Sound Income Strategies, LLC 0.01% 7,266 $196K
16 Sigma Planning Corp 0.01% 8,351 $224K
17 Farther Finance Advisors, LLC 0.01% 21,954 $592K
18 Osaic Holdings, INC. 0.00% 50,318 $1.4M
19 Cetera Investment Advisers 0.00% 55,451 $1.5M
20 Commonwealth Equity Services, LLC 0.00% 38,609 $1.0M
21 HighTower Advisors, LLC 0.00% 19,484 $524K
22 Allworth Financial LP 0.00% 4,657 $125K
23 Susquehanna International Group, LLP 0.00% 21,139 $568K
24 Harbour Investments, INC. 0.00% 124 $3K
25 MAI Capital Management 0.00% 200 $5K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Calamos ETF Tr (CPSJ)

What does the Smart Money Trend signal show for CPSJ?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their CPSJ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for CPSJ?

Heavy selling pressure — only 24% buying: Last quarter: 13 funds sold vs only 4 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for CPSJ holders?

Smaller funds dominant — 2% AUM from top-100: 1 of 27 holders rank in the top 100 by AUM, but together hold only 2% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held CPSJ?

Mostly new holders — 33% entered in last year: Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Calamos ETF Tr (CPSJ) following the 2026 Q1 hedge fund 13F filings?

As of today, CPSJ has moved +0.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of -1.5%. Since the quarter end (March 31, 2026), CPSJ has gained +2.7% vs +15.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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