Calamos Advisors LLC Q4 2025 Filing

Filed January 29, 2026

Portfolio Value

$26.6B

Holdings

890

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (890 positions)

#StockSharesValue% PortfolioType
1
NVDANVIDIA CORPORATION
7,315,096$1.4B5.12%Put
2
SPYSPDR S&P 500 ETF TR
1,667,067$1.1B4.18%Put
3
AAPLAPPLE INC
3,985,558$1.1B4.07%Call
4
MSFTMICROSOFT CORP
2,153,149$1.0B3.91%Call
5
AMZNAMAZON COM INC
3,148,763$726.7M2.73%Call
6
GOOGLALPHABET INC
2,293,467$717.3M2.69%Call
7
NDQINVESCO QQQ TR
850,660$510.7M1.92%Put
8
AVGOBROADCOM INC
1,408,514$487.1M1.83%Call
9
METAMETA PLATFORMS INC
665,251$439.3M1.65%Call
10
TSLATESLA INC
801,931$360.6M1.35%Call
11
WDC 3 11/15/28WESTERN DIGITAL CORP
76,409,000$350.6M1.32%
12
BABA 0.5 06/01/31ALIBABA GROUP HLDG LTD
192,109,000$298.7M1.12%
13
LLYELI LILLY & CO
272,554$292.9M1.10%
14
GOOGALPHABET INC
924,074$290.0M1.09%
15
IWMISHARES TR
1,163,965$282.0M1.06%Put
16
NFLXNETFLIX INC
1,693,590$253.3M0.95%Call
17
VVISA INC
698,009$244.8M0.92%
18
JPMJPMORGAN CHASE & CO.
713,195$229.8M0.86%
19
BA 6 10/15/27BOEING CO
3,109,660$214.8M0.81%
20
WMTWALMART INC
1,478,905$164.8M0.62%
21
SPOT 0 03/15/26SPOTIFY USA INC
143,410,000$163.3M0.61%
22
WFCWELLS FARGO CO NEW
1,745,144$162.6M0.61%
23
GSGOLDMAN SACHS GROUP INC
170,397$149.8M0.56%
24
PPL 2.875 03/15/28PPL CAP FDG INC
131,729,000$144.7M0.54%
25
WWAYFAIR INC
61,665,000$141.8M0.53%
26
XOMEXXON MOBIL CORP
1,174,576$141.3M0.53%
27
DUK 4.125 04/15/26DUKE ENERGY CORP NEW
136,539,000$140.8M0.53%
28
STX 3.5 06/01/28SEAGATE HDD CAYMAN
40,961,000$137.6M0.52%
29
MAMASTERCARD INCORPORATED
240,682$137.4M0.52%
30
JNJJOHNSON & JOHNSON
650,750$134.7M0.51%
31
BRK/BBERKSHIRE HATHAWAY INC DEL
257,121$129.2M0.49%
32
BACBANK AMERICA CORP
2,317,578$127.5M0.48%
33
HPE 7.625 09/01/27HEWLETT PACKARD ENTERPRISE C
1,888,658$126.0M0.47%
342,485,706$125.2M0.47%
35
ABNB 0 03/15/26AIRBNB INC
125,424,000$124.3M0.47%
36
UBER 0.875 12/01/28 2028UBER TECHNOLOGIES INC
93,878,000$122.0M0.46%
37
MUMICRON TECHNOLOGY INC
398,748$113.8M0.43%
3888,553,000$113.4M0.43%
392,114,902$109.6M0.41%
40
PLTRPALANTIR TECHNOLOGIES INC
609,519$108.3M0.41%
41
ABBVABBVIE INC
466,290$106.5M0.40%
42
ON 0.5 03/01/29ON SEMICONDUCTOR CORP
106,587,000$101.2M0.38%
43
SNOW 0 10/01/27SNOWFLAKE INC
66,322,000$98.9M0.37%
44
TMOTHERMO FISHER SCIENTIFIC INC
169,900$98.4M0.37%
45
MCHP 7.5 03/15/28MICROCHIP TECHNOLOGY INC.
1,684,603$98.2M0.37%
46
RIVN 4.625 03/15/29RIVIAN AUTOMOTIVE INC
76,900,000$97.1M0.36%
47
ORCLORACLE CORP
474,586$96.4M0.36%Call
48
APO 6.75 07/31/26APOLLO GLOBAL MGMT INC
1,270,138$95.9M0.36%
49
EEMISHARES TR
1,769,500$94.5M0.35%Put
50
CVXCHEVRON CORP NEW
614,108$93.6M0.35%
51
HDHOME DEPOT INC
270,784$93.2M0.35%
52
4I1PHILIP MORRIS INTL INC
559,721$89.8M0.34%
53
RTXRTX CORPORATION
485,264$89.0M0.33%
54
CSCOCISCO SYS INC
1,136,506$87.5M0.33%Call
55
INTUINTUIT
130,688$86.6M0.33%
56
NEENEXTERA ENERGY CAP HLDGS INC
69,606,000$86.5M0.32%
57
GEVGE VERNOVA INC
131,910$86.2M0.32%
58
IBBISHARES TR
566,310$85.9M0.32%Call
59
LINLINDE PLC
200,278$85.5M0.32%Call
60
GEGE AEROSPACE
275,559$84.9M0.32%
61
DDOG 0 12/01/29DATADOG INC
83,468,000$83.6M0.31%
62
BSXBOSTON SCIENTIFIC CORP
871,657$83.1M0.31%
63
ARES 6.75 10/01/27 BARES MANAGEMENT CORPORATION
1,640,609$82.7M0.31%
64
DKNG 0 03/15/28DRAFTKINGS INC NEW
89,846,000$82.3M0.31%
65
MRKMERCK & CO INC
779,806$80.8M0.30%Call
66
AMDADVANCED MICRO DEVICES INC
373,283$79.8M0.30%Call
67
UNHUNITEDHEALTH GROUP INC
239,803$79.2M0.30%
68
DWDMORGAN STANLEY
444,534$78.9M0.30%
69
COSTCOSTCO WHSL CORP NEW
90,193$77.9M0.29%Call
70
AVAV 0 07/15/30AEROVIRONMENT INC
71,123,000$77.6M0.29%
71
ISRGINTUITIVE SURGICAL INC
135,737$76.9M0.29%
72
LOWLOWES COS INC
318,739$76.9M0.29%
73
TRVCCITIGROUP INC
651,888$76.1M0.29%
7461,614,000$75.2M0.28%
75
MSTR 0 12/01/29STRATEGY INC
90,836,000$74.9M0.28%
76
AXPAMERICAN EXPRESS CO
199,599$73.8M0.28%
77
ALB 7.25 03/01/27ALBEMARLE CORP
1,236,486$73.4M0.28%
78
CRMSALESFORCE INC
276,780$73.3M0.28%
79
BILL 0 04/01/30BILL HOLDINGS INC
79,365,000$73.3M0.28%
80
NOWSERVICENOW INC
470,517$72.1M0.27%
81
AEIS 2.5 09/15/28ADVANCED ENERGY INDS
43,482,000$71.4M0.27%
82
RIVN 3.625 10/15/30RIVIAN AUTOMOTIVE INC
62,000,000$69.7M0.26%
83
BKNGBOOKING HOLDINGS INC
12,922$69.2M0.26%
84
PGPROCTER AND GAMBLE CO
481,445$69.0M0.26%
85
KOCOCA COLA CO
971,974$68.0M0.26%
86
CMS 3.375 05/01/28CMS ENERGY CORP
61,538,000$66.0M0.25%
87
LITE 1.5 12/15/29LUMENTUM HLDGS INC
12,249,000$65.2M0.24%
8866,589,000$64.5M0.24%
89
MDTMEDTRONIC PLC
670,837$64.4M0.24%Call
90
SPGIS&P GLOBAL INC
122,648$64.1M0.24%
91
UBERUBER TECHNOLOGIES INC
781,330$63.8M0.24%
92
FOUR 0.5 08/01/27SHIFT4 PMTS INC
66,087,000$63.8M0.24%
93
UNPUNION PAC CORP
275,352$63.7M0.24%
94
ABTABBOTT LABS
501,683$62.9M0.24%
95
LRCXLAM RESEARCH CORP
366,417$62.7M0.24%
96
GWRE 1.25 11/01/29GUIDEWIRE SOFTWARE INC
56,078,000$61.8M0.23%
97
NSCNORFOLK SOUTHN CORP
212,722$61.4M0.23%
98
CSXCSX CORP
1,691,627$61.3M0.23%
99
NET 0 08/15/26CLOUDFLARE INC
51,713,000$60.6M0.23%
100
SNOW 0 10/01/29SNOWFLAKE INC
38,838,000$60.2M0.23%
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