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Calumet Specialty Products

111 hedge funds and large institutions have $123M invested in Calumet Specialty Products in 2016 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 26 increasing their positions, 38 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% less funds holding

Funds holding: 119111 (-8)

25% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 24

32% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 38

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

51% less call options, than puts

Call options by funds: $3.3M | Put options by funds: $6.75M

79% less capital invested

Capital invested by funds: $586M → $123M (-$463M)

Holders
111
Holders Change
-8
Holders Change %
-6.72%
% of All Funds
2.96%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
18
Increased
26
Reduced
38
Closed
24
Calls
$3.3M
Puts
$6.75M
Net Calls
-$3.45M
Net Calls Change
-$3.4M
Name Holding Trade Value Shares
Change
Change in
Stake
AAA
1
Adams Asset Advisors
Texas
$8.44M -$39.6K -2,850 -0.4%
JP Morgan Chase
2
JP Morgan Chase
New York
$8.2M -$5.29M -380,619 -35%
Deutsche Bank
3
Deutsche Bank
Germany
$7.69M +$1.45M +104,145 +19%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$7.61M +$842K +60,542 +10%
Renaissance Technologies
5
Renaissance Technologies
New York
$7.46M +$2.17M +156,050 +33%
Stifel Financial
6
Stifel Financial
Missouri
$6.57M -$1.73M -124,496 -18%
Wells Fargo
7
Wells Fargo
California
$6.35M +$2.13M +152,976 +39%
Morgan Stanley
8
Morgan Stanley
New York
$5.59M -$5.35M -384,882 -45%
UBS Group
9
UBS Group
Switzerland
$5.03M -$706K -50,780 -11%
SOAMC
10
Spirit of America Management Corp
New York
$5M -$2.6M -186,591 -30%
SCA
11
Salient Capital Advisors
Texas
$4.67M +$441K +31,700 +9%
VanEck Associates
12
VanEck Associates
New York
$3.29M +$3.89M +279,920 New
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$2.79M +$1.51M +108,683 +84%
RJA
14
Raymond James & Associates
Florida
$2.64M +$77.3K +5,561 +3%
RIM
15
Rainier Investment Management
Washington
$2.42M -$1.48M -106,370 -34%
Goldman Sachs
16
Goldman Sachs
New York
$2.18M -$425K -30,536 -14%
GC
17
Guggenheim Capital
Illinois
$2.06M -$2.24M -161,385 -48%
Invesco
18
Invesco
Georgia
$1.9M +$665K +47,809 +42%
California Public Employees Retirement System
19
California Public Employees Retirement System
California
$1.74M -$213K -15,300 -9%
TYCC
20
Texas Yale Capital Corp
Florida
$1.72M -$2.23M -160,000 -52%
Bank of America
21
Bank of America
North Carolina
$1.6M +$210K +15,131 +13%
COPPSERS
22
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1.51M +$115K +8,279 +7%
MVP
23
Miller Value Partners
Florida
$1.47M +$1.74M +125,000 New
BAM
24
Burnham Asset Management
New York
$1.37M -$933K -67,055 -35%
Rafferty Asset Management
25
Rafferty Asset Management
New York
$1.3M +$313K +22,513 +26%

CLMT Hedge Fund Activity: Q1 2016 in Review

111 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Calumet Specialty Products (CLMT) for Q1 2016, worth a combined $123M — down 79% from $586M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of CLMT and 18 opened new positions — a net loss of 6 holders — while 38 trimmed existing stakes and 26 added.

The largest buyer was VanEck Associates, opening a new position worth an estimated $3.89M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $337M sold.

  • 111 institutional investors held Calumet Specialty Products (CLMT) as of Q1 2016, down from 119 in Q4 2015.
  • Funds reported $123M of Calumet Specialty Products stock for Q1 2016, down 79% quarter-over-quarter.
  • 18 funds opened new Calumet Specialty Products positions in Q1 2016 and 24 closed out, a net change of -6 holders.
  • The largest Calumet Specialty Products buyer in Q1 2016 was VanEck Associates, an estimated $3.89M added.
  • The largest Calumet Specialty Products seller in Q1 2016 was Americafirst Capital Management, an estimated $337M sold.

Based on aggregated 13F filings for Q1 2016.