<?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>0001104659-26-010266</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: CALAMOS JOHN P SR -->
          <cik>0001248580</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>2</amendmentNo>
      <securitiesClassTitle>Class I Shares</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>03/31/2026</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>John P. Calamos, Sr.</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>944304.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>944304.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>944304.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>24.5</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>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Calamos Advisors LLC</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>11202.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>11202.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>11202.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>0.29</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
      <comments>The percentage reflected in Row 11 was calculated based on 3,853,658 total shares as of 3/30/2026.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Calamos Investments LLC</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>933101.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>933101.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>933101.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>24.2</classPercent>
      <typeOfReportingPerson>CO</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>John P Calamos, Sr.
Calamos Advisors LLC
Calamos Investments LLC</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>c/o Calamos Advisors LLC
2020 Calamos Ct
Naperville, IL 60563</principalBusinessOfficeOrResidenceAddress>
        <citizenship>John P Calamos, Sr. - United States citizen
Calamos Advisors LLC - Delaware limited liability company
Calamos Investments LLC - Delaware limited liability company</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>1,888,607

John P. Calamos, Sr. is the Founder, Chairman, and Global CIO of Calamos Advisors LLC ("Calamos Advisors") and the Founder, Chairman, and Global CIO of Calamos Investments LLC ("CILLC"), which is itself the sole member of Calamos Advisors.</amountBeneficiallyOwned>
        <classPercent>51.2</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>0</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>944,304</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>0</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>944,304</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>N</notApplicableFlag>
        <identificationAndClassificationOfGroupMembers>Calamos Advisors LLC, Calamos Investments LLC</identificationAndClassificationOfGroupMembers>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>Y</notApplicableFlag>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>John P. Calamos, Sr.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ John P. Calamos, Sr.</signature>
        <title>Self</title>
        <date>04/06/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Calamos Advisors LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ John P. Calamos, Sr.</signature>
        <title>John P. Calamos, Sr., Founder, Chairman, and Global CIO</title>
        <date>04/06/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Calamos Investments LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ John P. Calamos, Sr.</signature>
        <title>John P. Calamos, Sr., Founder, Chairman, and Global CIO</title>
        <date>04/06/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
