Calumet Specialty Products
CLMT
64 hedge funds and large institutions have $25.9M invested in Calumet Specialty Products in 2018 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 15 closing their positions.
1.12% more ownership
Funds ownership: 14.09% → 15.21% (+1.1%)
8% more call options, than puts
Call options by funds: $1.93M | Put options by funds: $1.8M
6% less funds holding
Funds holding: 68 → 64 (-4)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
35% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 23
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
63% less capital invested
Capital invested by funds: $69.5M → $25.9M (-$43.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAA
Adams Asset Advisors
Dallas,
Texas
|
+$9.73M |
| 2 |
Citigroup
New York
|
+$2.24M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$1.03M |
| 4 |
DMK
David M. Knott
|
+$315K |
| 5 |
O
OppenheimerFunds
New York
|
+$173K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.4M |
| 2 |
Morgan Stanley
New York
|
-$3.13M |
| 3 |
Goldman Sachs
New York
|
-$2.45M |
| 4 |
Group One Trading
Chicago,
Illinois
|
-$2.22M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.02M |
CLMT Hedge Fund Activity: Q4 2018 in Review
64 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Calumet Specialty Products (CLMT) for Q4 2018, worth a combined $25.9M — down 63% from $69.5M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of CLMT and 11 opened new positions — a net loss of 4 holders — while 23 trimmed existing stakes and 15 added.
The largest buyer was Adams Asset Advisors, adding an estimated $9.73M. The largest seller was Susquehanna International Group, cutting an estimated $3.4M.
- 64 institutional investors held Calumet Specialty Products (CLMT) as of Q4 2018, down from 68 in Q3 2018.
- Funds reported $25.9M of Calumet Specialty Products stock for Q4 2018, down 63% quarter-over-quarter.
- 11 funds opened new Calumet Specialty Products positions in Q4 2018 and 15 closed out, a net change of -4 holders.
- The largest Calumet Specialty Products buyer in Q4 2018 was Adams Asset Advisors, an estimated $9.73M added.
- The largest Calumet Specialty Products seller in Q4 2018 was Susquehanna International Group, an estimated $3.4M sold.
Based on aggregated 13F filings for Q4 2018.