Vault-13

CALUMET SPECIALTY PRODS PART CLMT

UT LTD PARTNER · MLP · CUSIP 131476103

79 institutional holders +4 vs Q4 2023
23,441,42123.4m shares reported held*
$348.4mreported value*
16 new 23 added 13 reduced 12 sold out net bought ≈ $1.0m (+67.8k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $14.86. Options: 8 managers hold calls ($9.9m notional), 11 hold puts ($30.4m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 63Q4 22: 72Q1 23: 71Q2 23: 67Q3 23: 70Q4 23: 75Q1 24: 7979Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202263
Q4 202272
Q1 202371
Q2 202367
Q3 202370
Q4 202375
Q1 202479

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 28 bought or addedQ4 22: 29 cut or sold outQ4 22Q1 23: 26 bought or addedQ1 23: 27 cut or sold outQ1 23Q2 23: 25 bought or addedQ2 23: 24 cut or sold outQ2 23Q3 23: 25 bought or addedQ3 23: 23 cut or sold outQ3 23Q4 23: 31 bought or addedQ4 23: 24 cut or sold outQ4 23Q1 24: 39 bought or addedQ1 24: 25 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222829
Q1 20232627
Q2 20232524
Q3 20232523
Q4 20233124
Q1 20243925

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30m$40mQ2 23 calls: $21.5mQ2 23 puts: $14.4mQ2 23P/C 0.67Q3 23 calls: $28.0mQ3 23 puts: $17.9mQ3 23P/C 0.64Q4 23 calls: $30.1mQ4 23 puts: $24.1mQ4 23P/C 0.80Q1 24 calls: $9.9mQ1 24 puts: $30.4mQ1 24P/C 3.07
Numbers
QuarterCallsPutsP/C
Q2 2023$21.5m$14.4m0.67
Q3 2023$28.0m$17.9m0.64
Q4 2023$30.1m$24.1m0.80
Q1 2024$9.9m$30.4m3.07

Biggest buyers

MORGAN STANLEY Added +715,258+715.3k
ING GROEP NV Added +126,000+126.0k
BROWN ADVISORY INC Added +100,000+100.0k
UBS Group AG Added +97,379+97.4k
CAPTRUST FINANCIAL ADVISORS New +77,385+77.4k
CITIGROUP INC Added +65,767+65.8k
RAYMOND JAMES & ASSOCIATES Added +50,008+50.0k
Founders Financial Alliance, LLC New +44,650+44.6k
RK Capital Management, LLC/FL New +39,524+39.5k
GSA CAPITAL PARTNERS LLP New +33,204+33.2k

Biggest sellers

Price Jennifer C. Sold out -549,655-549.7k
F/m Investments LLC Sold out -549,655-549.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -140,984-141.0k
Independent Advisor Alliance Sold out -50,412-50.4k
BARCLAYS PLC Reduced -31,974-32.0k
BANK OF AMERICA CORP /DE/ Reduced -26,807-26.8k
CITADEL ADVISORS LLC Reduced -22,215-22.2k
HighTower Advisors, LLC Sold out -21,000-21.0k
AE Wealth Management LLC Sold out -14,622-14.6k
Jump Financial, LLC Sold out -14,000-14.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.0m335.4k shares
CITADEL ADVISORS LLC Reduced $3.5m232.2k shares
SIMPLEX TRADING, LLC Reduced $814.0k54.8k shares
MILLENNIUM MANAGEMENT LLC Reduced $260.1k17.5k shares
WOLVERINE TRADING, LLC Reduced $214.0k14.4k shares
GROUP ONE TRADING LLC Reduced $157.5k10.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Covestor Ltd Added $024 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $8.8m590.0k shares
SIMPLEX TRADING, LLC Added $6.6m446.7k shares
Point72 Asset Management, L.P. Added $6.3m423.5k shares
CITADEL ADVISORS LLC Added $4.1m274.6k shares
WOLVERINE TRADING, LLC Reduced $1.4m94.8k shares
BANK OF AMERICA CORP /DE/ New $1.3m84.2k shares
GROUP ONE TRADING LLC Added $1.0m70.1k shares
Caption Management, LLC New $445.8k30.0k shares
GTS SECURITIES LLC Reduced $267.5k18.0k shares
FIFTH LANE CAPITAL, LP New $185.8k12.5k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q1 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q1 2024.

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Wasserstein Management, L.P. 100.00% of their portfolio NEW YORK, NY 6,698,2516.7m $99.5m $99.5m 100.00% Unchanged
2 Adams Asset Advisors, LLC 10.48% of their portfolio DALLAS, TX 5,450,5915.5m $81.0m $81.0m 10.48% Added +4.1k +4,114
3 Knott David M Jr 22.73% of their portfolio SYOSSET, NY 4,325,0004.3m $64.3m $64.3m 22.73% Unchanged
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,058,7841.1m $15.7m $15.7m 0.00% Added +715.3k +715,258
5 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 581,386581.4k $8.6m $8.6m 0.00% Added +3.6k +3,580
6 GRIZZLYROCK CAPITAL, LLC 6.35% of their portfolio CHICAGO, IL 520,602520.6k $7.7m $7.7m 6.35% Added +22.1k +22,070
7 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 504,368504.4k $7.5m $7.5m 0.01% Added +50.0k +50,008
8 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 477,517477.5k $7.1m $7.1m 0.01% Added +12.4k +12,359
9 GROUP ONE TRADING LLC 0.21% of their portfolio CHICAGO, IL 390,993391.0k $5.8m $5.8m 0.21% Added +15.0k +14,984
10 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 367,627367.6k $5.5m $5.5m 0.01% Reduced -141.0k -140,984
11 Bienville Capital Management, LLC 1.54% of their portfolio New York, NY 341,102341.1k $5.1m $5.1m 1.54% Added +1 +1
12 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 316,452316.5k $4.7m $4.7m 0.00% Added +6.2k +6,188
13 Barnett & Company, Inc. 2.88% of their portfolio CHATTANOOGA, TN 283,415283.4k $4.2m $4.2m 2.88% Reduced -1.3k -1,267
14 ING GROEP NV 0.02% of their portfolio AMSTERDAM, P7 221,000221.0k $3.3m $3.3m 0.02% Added +126.0k +126,000
15 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 185,613185.6k $2.8m $2.8m 0.00% Added +100.0k +100,000
16 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 169,533169.5k $2.5m $2.5m 0.00% Reduced -3.3k -3,280
17 UBS Group AG 0.00% of their portfolio ZURICH, V8 147,885147.9k $2.2m $2.2m 0.00% Added +97.4k +97,379
18 Linscomb Wealth, Inc. 0.08% of their portfolio Houston, TX 110,889110.9k $1.6m $1.6m 0.08% Unchanged
19 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 84,71984.7k $1.3m $1.3m 0.00% Added +65.8k +65,767
20 EPACRIA CAPITAL PARTNERS, LLC 0.83% of their portfolio BOULDER, CO 77,49177.5k $1.2m $1.2m 0.83% Unchanged
21 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 77,38577.4k $1.1m $1.1m 0.00% New
22 O'Brien Greene & Co. Inc 0.30% of their portfolio MEDIA, PA 61,70061.7k $916.9k $916.9k 0.30% Added +11.7k +11,700
23 Driehaus Capital Management LLC 0.01% of their portfolio Chicago, IL 56,68656.7k $842.4k $842.4k 0.01% Unchanged
24 FAS Wealth Partners, Inc. 0.07% of their portfolio LEAWOOD, KS 51,81851.8k $770.0k $770.0k 0.07% Reduced -3.0k -3,050
25 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 49,25049.2k $731.9k $731.9k 0.00% Unchanged
26 Plancorp, LLC 0.03% of their portfolio SAINT LOUIS, MO 45,00045.0k $668.7k $668.7k 0.03% Unchanged
27 Founders Financial Alliance, LLC 0.20% of their portfolio RALEIGH, NC 44,65044.6k $663.5k $663.5k 0.20% New
28 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 44,51944.5k $661.5k $661.5k 0.00% Added +56 +56
29 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 42,65942.7k $633.9k $633.9k 0.00% Reduced -1.4k -1,413
30 Valeo Financial Advisors, LLC 0.02% of their portfolio CARMEL, IN 41,24141.2k $642.5k $642.5k 0.02% Reduced -432 -432
31 RK Capital Management, LLC/FL 0.36% of their portfolio Weston, FL 39,52439.5k $587.3k $587.3k 0.36% New
32 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 35,63135.6k $529.5k $529.5k 0.00% Added +6.5k +6,500
33 GSA CAPITAL PARTNERS LLP 0.04% of their portfolio LONDON, X0 33,20433.2k $493.0k $493.0k 0.04% New
34 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 32,67332.7k $485.5k $485.5k 0.00% Reduced -22.2k -22,215
35 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 28,08128.1k $417.0k $417.0k 0.00% Added +1.6k +1,600
36 Gimbal Financial 0.33% of their portfolio CARMEL, IN 27,04527.0k $401.9k $401.9k 0.33% Unchanged
37 ARS Investment Partners, LLC 0.04% of their portfolio New York, NY 27,00027.0k $401.2k $401.2k 0.04% Unchanged
38 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 26,50026.5k $393.8k $393.8k 0.00% Added +4.5k +4,500
39 Atria Wealth Solutions, Inc. 0.00% of their portfolio NEW YORK, NY 25,00025.0k $371.5k $371.5k 0.00% Reduced -2.0k -2,000
40 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 23,08423.1k $343.0k $343.0k 0.01% Reduced -13.8k -13,835
41 Pekin Hardy Strauss, Inc. 0.05% of their portfolio CHICAGO, IL 22,75022.8k $338.1k $338.1k 0.05% Unchanged
42 West Tower Group, LLC 1.01% of their portfolio RICHMOND, VA 22,54922.5k $335.1k $335.1k 1.01% Added +4.0k +4,000
43 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 21,99022.0k $326.0k $326.0k 0.01% New
44 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 20,84020.8k $309.7k $309.7k 0.00% Reduced -26.8k -26,807
45 J.W. COLE ADVISORS, INC. 0.02% of their portfolio TAMPA, FL 20,60020.6k $306.1k $306.1k 0.02% Added +850 +850
46 WOLVERINE TRADING, LLC 0.00% of their portfolio CHICAGO, IL 16,94116.9k $251.7k $251.7k 0.00% New
47 CALDWELL SUTTER CAPITAL, INC. 0.11% of their portfolio SAUSALITO, CA 15,00015.0k $222.9k $222.9k 0.11% Added +2.0k +2,000
48 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 13,80013.8k $205.1k $205.1k 0.00% Added +5.4k +5,354
49 Mariner, LLC 0.00% of their portfolio Overland Park, KS 13,31713.3k $197.9k $197.9k 0.00% Reduced -1 -1
50 FIFTH LANE CAPITAL, LP 0.25% of their portfolio Austin, TX 13,20013.2k $196.2k $196.2k 0.25% New
51 SHEETS SMITH WEALTH MANAGEMENT 0.02% of their portfolio WINSTON-SALEM, NC 12,20212.2k $181.3k $181.3k 0.02% Unchanged
52 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 12,00012.0k $178.3k $178.3k 0.00% Unchanged
53 MCINTYRE FREEDMAN & FLYNN INVESTMENT ADVISERS INC 0.12% of their portfolio ORLEANS, MA 11,50011.5k $170.9k $170.9k 0.12% New
54 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 11,23111.2k $166.9k $166.9k 0.00% Unchanged
55 Deuterium Capital Management, LLC 0.28% of their portfolio Clearwater, FL 10,70310.7k $159.0k $159.0k 0.28% New
56 SAPIENT CAPITAL LLC 0.00% of their portfolio INDIANAPOLIS, IN 10,50110.5k $156.0k $156.0k 0.00% Unchanged
57 PFG Investments, LLC 0.01% of their portfolio WOODBURY, NY 10,41110.4k $154.7k $154.7k 0.01% New
58 Accel Wealth Management 0.06% of their portfolio WAVERLY, IA 10,00010.0k $148.6k $148.6k 0.06% Unchanged
59 Covestor Ltd 0.08% of their portfolio LONDON, X0 8,0358.0k $119.0k $119.0k 0.08% Added +2 +2
60 Future Financial Wealth Managment LLC 0.09% of their portfolio CINCINNATI, OH 8,0008.0k $118.9k $118.9k 0.09% New
61 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 7,0667.1k $105.0k $105.0k 0.00% Reduced -5.4k -5,425
62 ICA Group Wealth Management, LLC 0.02% of their portfolio DENVER, CO 6,5166.5k $96.8k $96.8k 0.02% Unchanged
63 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 5,5025.5k $81.8k $81.8k 0.00% New
64 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 2,0002.0k $29.7k $29.7k 0.00% Unchanged
65 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,8451.8k $27.4k $27.4k 0.00% Unchanged
66 ATTICUS WEALTH MANAGEMENT, LLC 0.01% of their portfolio Palm Beach Gardens, FL 1,1501.1k $17.1k $17.1k 0.01% Unchanged
67 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,0501.1k $15.6k $15.6k 0.00% New
68 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 1,0001.0k $14.7k $14.7k 0.00% Unchanged
69 CWM, LLC 0.00% of their portfolio OMAHA, NE 600600 $9.0k $9.0k 0.00% Unchanged
70 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 517517 $7.7k $7.7k 0.00% Reduced -32.0k -31,974
71 McIlrath & Eck, LLC 0.00% of their portfolio ARLINGTON, WA 500500 $7.4k $7.4k 0.00% Unchanged
72 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 481481 $7.1k $7.1k 0.00% Unchanged
73 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 450450 $6.7k $6.7k 0.00% Unchanged
74 Register Financial Advisors LLC 0.00% of their portfolio ATLANTA, GA 400400 $5.9k $5.9k 0.00% New
75 SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio WINSTON-SALEM, NC 300300 $4.5k $4.5k 0.00% Unchanged
76 BENJAMIN EDWARDS INC 0.00% of their portfolio Clayton, MO 300300 $4.0k $4.0k 0.00% New
77 PSI Advisors, LLC 0.00% of their portfolio TAMPA, FL 300300 $4.5k $4.5k 0.00% New
78 Pacific Capital Wealth Advisors, Inc. 0.00% of their portfolio CORONA, CA 66 $89 $89 0.00% Unchanged
79 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged