Calumet Specialty Products
CLMT
68 hedge funds and large institutions have $30.1M invested in Calumet Specialty Products in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 17 increasing their positions, 29 reducing their positions, and 14 closing their positions.
40% more call options, than puts
Call options by funds: $785K | Put options by funds: $559K
2.18% less ownership
Funds ownership: 12.52% → 10.34% (-2.2%)
16% less funds holding
Funds holding: 81 → 68 (-13)
21% less capital invested
Capital invested by funds: $38.2M → $30.1M (-$8.08M)
41% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 29
86% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPCM
Sound Point Capital Management
New York
|
+$2.96M |
| 2 |
AAA
Adams Asset Advisors
Dallas,
Texas
|
+$875K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$693K |
| 4 |
Citigroup
New York
|
+$679K |
| 5 |
Morgan Stanley
New York
|
+$333K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Rovida Advisors
Fort Lauderdale,
Florida
|
-$3.4M |
| 2 |
Renaissance Technologies
New York
|
-$1.82M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.81M |
| 4 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
-$1.43M |
| 5 |
VanEck Associates
New York
|
-$1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
76
Trust Company
Manhattan,
Kansas
| – | -$38K | -9,600 | Closed |
|
77
Simplex Trading
Chicago,
Illinois
| – | -$22.2K | -5,603 | Closed |
|
|
FHA
78
First Horizon Advisors
Memphis,
Tennessee
| – | -$2K | -500 | Closed |
|
79
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -350 | Closed |
|
CLMT Hedge Fund Activity: Q1 2017 in Review
68 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Calumet Specialty Products (CLMT) for Q1 2017, worth a combined $30.1M — down 21% from $38.2M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of CLMT and 2 opened new positions — a net loss of 12 holders — while 29 trimmed existing stakes and 17 added.
The largest buyer was Sound Point Capital Management, opening a new position worth an estimated $2.96M. The largest seller was Rovida Advisors, exiting entirely with an estimated $3.4M sold.
- 68 institutional investors held Calumet Specialty Products (CLMT) as of Q1 2017, down from 81 in Q4 2016.
- Funds reported $30.1M of Calumet Specialty Products stock for Q1 2017, down 21% quarter-over-quarter.
- 2 funds opened new Calumet Specialty Products positions in Q1 2017 and 14 closed out, a net change of -12 holders.
- The largest Calumet Specialty Products buyer in Q1 2017 was Sound Point Capital Management, an estimated $2.96M added.
- The largest Calumet Specialty Products seller in Q1 2017 was Rovida Advisors, an estimated $3.4M sold.
Based on aggregated 13F filings for Q1 2017.