<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <schemaVersion>X0202</schemaVersion>
<headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001104659-26-010249</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Panagiotidis Alexandros -->
          <cik>0002086533</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>2</amendmentNo>
      <securitiesClassTitle>Class I Shares</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>03/30/2026</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0002063706</issuerCik>
        <issuerName>Calamos Aksia Hedged Strategies Fund</issuerName>
        <issuerCusips>
          <issuerCusipNumber>12811G306</issuerCusipNumber>
        </issuerCusips>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>2020 Calamos Ct</com:street1>
          <com:city>Naperville</com:city>
          <com:stateOrCountry>IL</com:stateOrCountry>
          <com:zipCode>60563</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(d)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Alexandros Panagiotidis</reportingPersonName>
      <citizenshipOrOrganization>J3</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>138913.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>138913.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>138913.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>3.6</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
      <comments>The percentage reflected in Row 11 was calculated based on 3,853,658 total shares as of 3/30/2026.</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Calamos Aksia Hedged Strategies Fund</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>2020 Calamos Ct Naperville, IL, 60563</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Alexandros Panagiotidis</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>Kapodistriou Avenue 56, Nea Ionia, Athens 14235, Greece</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Greece</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>138,913</amountBeneficiallyOwned>
        <classPercent>3.6</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>138,913</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>138,913</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>N</notApplicableFlag>
        <classOwnership5PercentOrLess>Y</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>Y</notApplicableFlag>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>Alexandros Panagiotidis</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Alexandros Panagiotidis</signature>
        <title>Self</title>
        <date>03/31/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
