Calumet Specialty Products
CLMT
118 hedge funds and large institutions have $598M invested in Calumet Specialty Products in 2014 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 42 increasing their positions, 23 reducing their positions, and 22 closing their positions.
126% more capital invested
Capital invested by funds: $265M → $598M (+$333M)
83% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 23
27% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 22
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
3% more funds holding
Funds holding: 115 → 118 (+3)
9% less call options, than puts
Call options by funds: $3.15M | Put options by funds: $3.46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
+$6.31M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$6.24M |
| 3 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
+$5.36M |
| 4 |
TFMS
Trust & Fiduciary Management Services
Boston,
Massachusetts
|
+$4.66M |
| 5 |
Renaissance Technologies
New York
|
+$4.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Corrado Advisors
Ramsey,
New Jersey
|
-$8.99M |
| 2 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$8.23M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$6.75M |
| 4 |
GJL
Gendell Jeffrey L
|
-$3.32M |
| 5 |
EAM
Edge Asset Management
Seattle,
Washington
|
-$2.67M |
CLMT Hedge Fund Activity: Q4 2014 in Review
118 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Calumet Specialty Products (CLMT) for Q4 2014, worth a combined $598M — up 126% from $265M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new CLMT positions and 22 closed out — a net gain of 6 holders — while 42 added to existing stakes and 23 trimmed.
The largest buyer was Coe Capital Management, opening a new position worth an estimated $6.31M. The largest seller was Corrado Advisors, cutting an estimated $8.99M.
- 118 institutional investors held Calumet Specialty Products (CLMT) as of Q4 2014, up from 115 in Q3 2014.
- Funds reported $598M of Calumet Specialty Products stock for Q4 2014, up 126% quarter-over-quarter.
- 28 funds opened new Calumet Specialty Products positions in Q4 2014 and 22 closed out, a net change of +6 holders.
- The largest Calumet Specialty Products buyer in Q4 2014 was Coe Capital Management, an estimated $6.31M added.
- The largest Calumet Specialty Products seller in Q4 2014 was Corrado Advisors, an estimated $8.99M sold.
Based on aggregated 13F filings for Q4 2014.