Calumet Specialty Products
CLMT
135 hedge funds and large institutions have $699M invested in Calumet Specialty Products in 2025 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 44 increasing their positions, 29 reducing their positions, and 29 closing their positions.
79% more capital inflows, than outflows
Capital inflows: $135M | Capital outflows: $75.4M
52% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 29
21% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 29
5.17% more ownership
Funds ownership: 46.09% → 51.26% (+5.2%)
4% more funds holding
Funds holding: 130 → 135 (+5)
11% less call options, than puts
Call options by funds: $58.1M | Put options by funds: $65.2M
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$41.7M |
| 2 |
Two Seas Capital
Rye,
New York
|
+$20.7M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$11.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.5M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$5.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$21.6M |
| 2 |
Millennium Management
New York
|
-$18.7M |
| 3 |
Goldman Sachs
New York
|
-$4.22M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$3.79M |
| 5 |
Morgan Stanley
New York
|
-$3.7M |
CLMT Hedge Fund Activity: Q2 2025 in Review
135 of the 7,628 institutional investors tracked by Wall St. Rank reported a position in Calumet Specialty Products (CLMT) for Q2 2025, worth a combined $699M — up 39% from $504M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new CLMT positions and 29 closed out — a net gain of 6 holders — while 44 added to existing stakes and 29 trimmed.
The largest buyer was BlackRock, adding an estimated $41.7M. The largest seller was Susquehanna International Group, cutting an estimated $21.6M.
- 135 institutional investors held Calumet Specialty Products (CLMT) as of Q2 2025, up from 130 in Q1 2025.
- Funds reported $699M of Calumet Specialty Products stock for Q2 2025, up 39% quarter-over-quarter.
- 35 funds opened new Calumet Specialty Products positions in Q2 2025 and 29 closed out, a net change of +6 holders.
- The largest Calumet Specialty Products buyer in Q2 2025 was BlackRock, an estimated $41.7M added.
- The largest Calumet Specialty Products seller in Q2 2025 was Susquehanna International Group, an estimated $21.6M sold.
Based on aggregated 13F filings for Q2 2025.