Calumet Specialty Products
CLMT
78 hedge funds and large institutions have $338M invested in Calumet Specialty Products in 2024 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 23 increasing their positions, 13 reducing their positions, and 12 closing their positions.
77% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 13
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
5% more funds holding
Funds holding: 74 → 78 (+4)
0.89% less ownership
Funds ownership: 29.22% → 28.33% (-0.89%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
19% less capital invested
Capital invested by funds: $418M → $338M (-$79.8M)
67% less call options, than puts
Call options by funds: $9.88M | Put options by funds: $30.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
+$2.01M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$1.59M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.55M |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$1.23M |
| 5 |
Citigroup
New York
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
F/M Investments
Washington,
District of Columbia
|
-$9.82M |
| 2 |
JCP
Jennifer C. Price
|
-$9.82M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.25M |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$901K |
| 5 |
Barclays
London,
United Kingdom
|
-$509K |
CLMT Hedge Fund Activity: Q1 2024 in Review
78 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Calumet Specialty Products (CLMT) for Q1 2024, worth a combined $338M — down 19% from $418M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CLMT positions and 12 closed out — a net gain of 4 holders — while 23 added to existing stakes and 13 trimmed.
The largest buyer was ING Group, adding an estimated $2.01M. The largest seller was F/M Investments, exiting entirely with an estimated $9.82M sold.
- 78 institutional investors held Calumet Specialty Products (CLMT) as of Q1 2024, up from 74 in Q4 2023.
- Funds reported $338M of Calumet Specialty Products stock for Q1 2024, down 19% quarter-over-quarter.
- 16 funds opened new Calumet Specialty Products positions in Q1 2024 and 12 closed out, a net change of +4 holders.
- The largest Calumet Specialty Products buyer in Q1 2024 was ING Group, an estimated $2.01M added.
- The largest Calumet Specialty Products seller in Q1 2024 was F/M Investments, an estimated $9.82M sold.
Based on aggregated 13F filings for Q1 2024.