Calumet Specialty Products
CLMT
108 hedge funds and large institutions have $334M invested in Calumet Specialty Products in 2013 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 42 increasing their positions, 32 reducing their positions, and 20 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
31% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 32
5% less funds holding
Funds holding: 114 → 108 (-6)
17% less capital invested
Capital invested by funds: $402M → $334M (-$68M)
20% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 20
65% less call options, than puts
Call options by funds: $5.15M | Put options by funds: $14.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$5.28M |
| 2 |
GJL
Gendell Jeffrey L
|
+$5.2M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$3.31M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.7M |
| 5 |
EAM
Edge Asset Management
Seattle,
Washington
|
+$2.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$27.7M |
| 2 |
JP Morgan Chase
New York
|
-$10.6M |
| 3 |
ClearBridge Investments
New York
|
-$9.08M |
| 4 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$9.07M |
| 5 |
N
Natixis
Paris,
France
|
-$5.46M |
CLMT Hedge Fund Activity: Q4 2013 in Review
108 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Calumet Specialty Products (CLMT) for Q4 2013, worth a combined $334M — down 17% from $402M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of CLMT and 16 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 42 added.
The largest buyer was Renaissance Technologies, adding an estimated $5.28M. The largest seller was Citigroup, cutting an estimated $27.7M.
- 108 institutional investors held Calumet Specialty Products (CLMT) as of Q4 2013, down from 114 in Q3 2013.
- Funds reported $334M of Calumet Specialty Products stock for Q4 2013, down 17% quarter-over-quarter.
- 16 funds opened new Calumet Specialty Products positions in Q4 2013 and 20 closed out, a net change of -4 holders.
- The largest Calumet Specialty Products buyer in Q4 2013 was Renaissance Technologies, an estimated $5.28M added.
- The largest Calumet Specialty Products seller in Q4 2013 was Citigroup, an estimated $27.7M sold.
Based on aggregated 13F filings for Q4 2013.