Calumet Specialty Products
CLMT
69 hedge funds and large institutions have $383M invested in Calumet Specialty Products in 2024 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 26 increasing their positions, 12 reducing their positions, and 18 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 12
13% more capital invested
Capital invested by funds: $338M → $383M (+$44.7M)
1.31% more ownership
Funds ownership: 28.33% → 29.64% (+1.3%)
12% less funds holding
Funds holding: 78 → 69 (-9)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
38% less call options, than puts
Call options by funds: $16.3M | Put options by funds: $26.4M
50% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WDOM
Wasserstein Debt Opportunities Management
New York
|
+$3.05M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.18M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.96M |
| 5 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAA
Adams Asset Advisors
Dallas,
Texas
|
-$3.15M |
| 2 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$1.15M |
| 3 |
OBGC
O'Brien Greene & Co
Media,
Pennsylvania
|
-$513K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$493K |
| 5 |
Cerity Partners
New York
|
-$394K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CSC
76
Caldwell Sutter Capital
Sausalito,
California
| – | -$223K | -15,000 | Closed |
|
77
Mariner
Overland Park,
Kansas
| – | -$198K | -13,317 | Closed |
|
|
PI
78
PFG Investments
Woodbury,
New York
| – | -$155K | -10,411 | Closed |
|
|
AWM
79
Accel Wealth Management
Waverly,
Iowa
| – | -$149K | -10,000 | Closed |
|
|
FFWM
80
Future Financial Wealth Management
Cincinnati,
Ohio
| – | -$119K | -8,000 | Closed |
|
81
JP Morgan Chase
New York
| – | -$103K | -6,900 | Closed |
|
|
TRCT
82
Tower Research Capital (TRC)
New York
| – | -$81.8K | -5,502 | Closed |
|
|
HI
83
Harbour Investments
Madison,
Wisconsin
| – | -$27.4K | -1,845 | Closed |
|
84
Barclays
London,
United Kingdom
| – | -$7.68K | -517 | Closed |
|
|
ME
85
McIlrath & Eck
Arlington,
Washington
| – | -$7.43K | -500 | Closed |
|
|
BEI
86
Benjamin Edwards Inc
Clayton,
Missouri
| – | -$4K | -300 | Closed |
|
|
PA
87
PSI Advisors
Tampa,
Florida
| – | -$4.46K | -300 | Closed |
|
CLMT Hedge Fund Activity: Q2 2024 in Review
69 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Calumet Specialty Products (CLMT) for Q2 2024, worth a combined $383M — up 13% from $338M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of CLMT and 9 opened new positions — a net loss of 9 holders — while 12 trimmed existing stakes and 26 added.
The largest buyer was Wasserstein Debt Opportunities Management, adding an estimated $3.05M. The largest seller was Adams Asset Advisors, cutting an estimated $3.15M.
- 69 institutional investors held Calumet Specialty Products (CLMT) as of Q2 2024, down from 78 in Q1 2024.
- Funds reported $383M of Calumet Specialty Products stock for Q2 2024, up 13% quarter-over-quarter.
- 9 funds opened new Calumet Specialty Products positions in Q2 2024 and 18 closed out, a net change of -9 holders.
- The largest Calumet Specialty Products buyer in Q2 2024 was Wasserstein Debt Opportunities Management, an estimated $3.05M added.
- The largest Calumet Specialty Products seller in Q2 2024 was Adams Asset Advisors, an estimated $3.15M sold.
Based on aggregated 13F filings for Q2 2024.