Calumet Specialty Products
CLMT
129 hedge funds and large institutions have $504M invested in Calumet Specialty Products in 2025 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 42 increasing their positions, 36 reducing their positions, and 21 closing their positions.
56% more call options, than puts
Call options by funds: $72M | Put options by funds: $46.3M
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
17% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 36
5% more funds holding
Funds holding: 123 → 129 (+6)
3.02% more ownership
Funds ownership: 43.04% → 46.07% (+3%)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
38% less capital invested
Capital invested by funds: $814M → $504M (-$311M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$26.4M |
| 2 |
TSC
Two Seas Capital
Rye,
New York
|
+$17M |
| 3 |
State Street
Boston,
Massachusetts
|
+$11M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$9.97M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$8.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tyro Capital Management
Miami,
Florida
|
-$18.8M |
| 2 |
Morgan Stanley
New York
|
-$11.6M |
| 3 |
AIP
Arrowpoint Investment Partners
Singapore
|
-$7.06M |
| 4 |
Group One Trading
Chicago,
Illinois
|
-$6.59M |
| 5 |
DMKJ
David M. Knott Jr
|
-$5.56M |
CLMT Hedge Fund Activity: Q1 2025 in Review
129 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Calumet Specialty Products (CLMT) for Q1 2025, worth a combined $504M — down 38% from $814M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new CLMT positions and 21 closed out — a net gain of 7 holders — while 42 added to existing stakes and 36 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $26.4M. The largest seller was Tyro Capital Management, exiting entirely with an estimated $18.8M sold.
- 129 institutional investors held Calumet Specialty Products (CLMT) as of Q1 2025, up from 123 in Q4 2024.
- Funds reported $504M of Calumet Specialty Products stock for Q1 2025, down 38% quarter-over-quarter.
- 28 funds opened new Calumet Specialty Products positions in Q1 2025 and 21 closed out, a net change of +7 holders.
- The largest Calumet Specialty Products buyer in Q1 2025 was Millennium Management, an estimated $26.4M added.
- The largest Calumet Specialty Products seller in Q1 2025 was Tyro Capital Management, an estimated $18.8M sold.
Based on aggregated 13F filings for Q1 2025.