Calumet Specialty Products
CLMT
66 hedge funds and large institutions have $258M invested in Calumet Specialty Products in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 13 reducing their positions, and 12 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
38% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 13
22% more call options, than puts
Call options by funds: $17.6M | Put options by funds: $14.4M
0.33% more ownership
Funds ownership: 19.97% → 20.31% (+0.33%)
6% less funds holding
Funds holding: 70 → 66 (-4)
6% less capital invested
Capital invested by funds: $274M → $258M (-$16.7M)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
F/M Investments
Washington,
District of Columbia
|
+$9.4M |
| 2 |
JCP
Jennifer C. Price
|
+$9.4M |
| 3 |
Barclays
London,
United Kingdom
|
+$1.75M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.27M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$477K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.7M |
| 2 |
Morgan Stanley
New York
|
-$2.25M |
| 3 |
Group One Trading
Chicago,
Illinois
|
-$1.11M |
| 4 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
-$1.06M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$990K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWSG
76
GPS Wealth Strategies Group
Centennial,
Colorado
| – | -$4.34K | -250 | Closed |
|
|
BHWM
77
Beaird Harris Wealth Management
Dallas,
Texas
| – | -$2.63K | -151 | Closed |
|
78
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1.74K | -100 | Closed |
|
CLMT Hedge Fund Activity: Q2 2023 in Review
66 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Calumet Specialty Products (CLMT) for Q2 2023, worth a combined $258M — down 6.1% from $274M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of CLMT and 8 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 18 added.
The largest buyer was F/M Investments, opening a new position worth an estimated $9.4M. The largest seller was Fidelity Investments, exiting entirely with an estimated $10.7M sold.
- 66 institutional investors held Calumet Specialty Products (CLMT) as of Q2 2023, down from 70 in Q1 2023.
- Funds reported $258M of Calumet Specialty Products stock for Q2 2023, down 6.1% quarter-over-quarter.
- 8 funds opened new Calumet Specialty Products positions in Q2 2023 and 12 closed out, a net change of -4 holders.
- The largest Calumet Specialty Products buyer in Q2 2023 was F/M Investments, an estimated $9.4M added.
- The largest Calumet Specialty Products seller in Q2 2023 was Fidelity Investments, an estimated $10.7M sold.
Based on aggregated 13F filings for Q2 2023.