Calumet Specialty Products
CLMT
69 hedge funds and large institutions have $308M invested in Calumet Specialty Products in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
30% more call options, than puts
Call options by funds: $23.2M | Put options by funds: $17.9M
19% more capital invested
Capital invested by funds: $258M → $308M (+$50M)
5% more funds holding
Funds holding: 66 → 69 (+3)
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
0.17% less ownership
Funds ownership: 20.31% → 20.13% (-0.17%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$982K |
| 2 |
Barclays
London,
United Kingdom
|
+$959K |
| 3 |
Group One Trading
Chicago,
Illinois
|
+$870K |
| 4 |
OBGC
O'Brien Greene & Co
Media,
Pennsylvania
|
+$831K |
| 5 |
FWP
FAS Wealth Partners
Leawood,
Kansas
|
+$694K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.27M |
| 2 |
SCM
Springhouse Capital Management
Westport,
Connecticut
|
-$2.14M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$964K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$627K |
| 5 |
FMI
F/M Investments
Washington,
District of Columbia
|
-$372K |
CLMT Hedge Fund Activity: Q3 2023 in Review
69 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Calumet Specialty Products (CLMT) for Q3 2023, worth a combined $308M — up 19% from $258M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CLMT positions and 4 closed out — a net gain of 3 holders — while 18 added to existing stakes and 17 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $982K. The largest seller was Morgan Stanley, cutting an estimated $3.27M.
- 69 institutional investors held Calumet Specialty Products (CLMT) as of Q3 2023, up from 66 in Q2 2023.
- Funds reported $308M of Calumet Specialty Products stock for Q3 2023, up 19% quarter-over-quarter.
- 7 funds opened new Calumet Specialty Products positions in Q3 2023 and 4 closed out, a net change of +3 holders.
- The largest Calumet Specialty Products buyer in Q3 2023 was Driehaus Capital Management, an estimated $982K added.
- The largest Calumet Specialty Products seller in Q3 2023 was Morgan Stanley, an estimated $3.27M sold.
Based on aggregated 13F filings for Q3 2023.