Calumet Specialty Products
CLMT
134 hedge funds and large institutions have $699M invested in Calumet Specialty Products in 2025 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 43 increasing their positions, 29 reducing their positions, and 29 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 29
39% more capital invested
Capital invested by funds: $504M → $699M (+$196M)
21% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 29
5.16% more ownership
Funds ownership: 46.07% → 51.23% (+5.2%)
4% more funds holding
Funds holding: 129 → 134 (+5)
11% less call options, than puts
Call options by funds: $58.1M | Put options by funds: $65.2M
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$41.7M |
| 2 |
TSC
Two Seas Capital
Rye,
New York
|
+$20.7M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$11.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.5M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$5.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$21.6M |
| 2 |
Millennium Management
New York
|
-$18.7M |
| 3 |
Goldman Sachs
New York
|
-$4.22M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$3.79M |
| 5 |
Morgan Stanley
New York
|
-$3.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CGIM
151
Cannon Global Investment Management
Davie,
Florida
| – | -$252K | -19,900 | Closed |
|
|
BPC
152
Bryce Point Capital
Scarsdale,
New York
| – | -$228K | -18,696 | Closed |
|
153
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$234K | -18,446 | Closed |
|
|
JFG
154
Jefferies Financial Group
New York
| – | -$227K | -17,917 | Closed |
|
155
Man Group
London,
United Kingdom
| – | -$219K | -17,283 | Closed |
|
|
CFM
156
Catalyst Funds Management
Sydney NSW,
Australia
| – | -$207K | -16,321 | Closed |
|
|
HBS
157
Howard Bailey Securities
Fort Wayne,
Indiana
| – | -$168K | -13,243 | Closed |
|
|
GS
158
GTS Securities
New York
| – | -$156K | -12,294 | Closed |
|
|
ARC
159
Advisor Resource Council
Dallas,
Texas
| – | -$153K | -12,060 | Closed |
|
|
ZIG
160
Zuckerman Investment Group
Chicago,
Illinois
| – | -$127K | -10,000 | Closed |
|
161
CI Investments Inc
Toronto,
Ontario, Canada
| – | -$63K | -5,000 | Closed |
|
|
AIP
162
Arrowpoint Investment Partners
Singapore
| – | -$773 | -61 | Closed |
|
163
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$13 | -1 | Closed |
|
CLMT Hedge Fund Activity: Q2 2025 in Review
134 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Calumet Specialty Products (CLMT) for Q2 2025, worth a combined $699M — up 39% from $504M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new CLMT positions and 29 closed out — a net gain of 6 holders — while 43 added to existing stakes and 29 trimmed.
The largest buyer was BlackRock, adding an estimated $41.7M. The largest seller was Susquehanna International Group, cutting an estimated $21.6M.
- 134 institutional investors held Calumet Specialty Products (CLMT) as of Q2 2025, up from 129 in Q1 2025.
- Funds reported $699M of Calumet Specialty Products stock for Q2 2025, up 39% quarter-over-quarter.
- 35 funds opened new Calumet Specialty Products positions in Q2 2025 and 29 closed out, a net change of +6 holders.
- The largest Calumet Specialty Products buyer in Q2 2025 was BlackRock, an estimated $41.7M added.
- The largest Calumet Specialty Products seller in Q2 2025 was Susquehanna International Group, an estimated $21.6M sold.
Based on aggregated 13F filings for Q2 2025.