Calamos Global Equity Fund's Q3 2026 investor letter says the fund returned 16.57% year-to-date, outperforming the MSCI World Index and the Morningstar Global Large-Stock Growth category, but fell 2.87% in the third quarter, mainly due to weakness in information technology and industrials. Strength in utilities and materials helped offset some of that drag, and the fund views the rotation in AI leadership as a healthy pause with the broader AI buildout still in early stages. The letter highlights NVIDIA Corporation (NASDAQ:NVDA), which closed at $216.47 on October 20, 2026, down 4.01% over the past month and up 20.07% over the past year, with a $5.22 trillion market cap and a 52-week range of $164.27 to $243.37. The article notes 285 hedge fund portfolios held NVDA at the end of Q2, up from 275 the previous quarter.
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Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/20/2026 | 216.47 |
| Change that session | -0.29% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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