Calumet Specialty Products
CLMT
115 hedge funds and large institutions have $270M invested in Calumet Specialty Products in 2014 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 40 increasing their positions, 32 reducing their positions, and 15 closing their positions.
47% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 15
25% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 32
6% more funds holding
Funds holding: 108 → 115 (+7)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
19% less capital invested
Capital invested by funds: $334M → $270M (-$64.1M)
66% less call options, than puts
Call options by funds: $4.75M | Put options by funds: $13.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$5.68M |
| 2 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
+$4.09M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.55M |
| 4 |
T
Tahithromos
New York
|
+$2.12M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$46.7M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$22.6M |
| 3 |
Renaissance Technologies
New York
|
-$7.1M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.94M |
| 5 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$4.55M |
CLMT Hedge Fund Activity: Q1 2014 in Review
115 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Calumet Specialty Products (CLMT) for Q1 2014, worth a combined $270M — down 19% from $334M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CLMT positions and 15 closed out — a net gain of 7 holders — while 40 added to existing stakes and 32 trimmed.
The largest buyer was Index Management Solutions, adding an estimated $5.68M. The largest seller was Morgan Stanley, cutting an estimated $46.7M.
- 115 institutional investors held Calumet Specialty Products (CLMT) as of Q1 2014, up from 108 in Q4 2013.
- Funds reported $270M of Calumet Specialty Products stock for Q1 2014, down 19% quarter-over-quarter.
- 22 funds opened new Calumet Specialty Products positions in Q1 2014 and 15 closed out, a net change of +7 holders.
- The largest Calumet Specialty Products buyer in Q1 2014 was Index Management Solutions, an estimated $5.68M added.
- The largest Calumet Specialty Products seller in Q1 2014 was Morgan Stanley, an estimated $46.7M sold.
Based on aggregated 13F filings for Q1 2014.