Calumet Inc (CLMT) — Institutional Investor Activity (Q2 2026)

CLMT ranks #3051 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

CLMT is a top-conviction position for Wasserstein Management, L.P. — at 54.1% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in CLMT belongs to Two Seas Capital LP, but the position matters far more to Wasserstein Management, L.P., who has 54.1% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

BlackRock has added to its CLMT position for two straight quarters, increasing it by $90.4M to reach $188.5M today.

Rangeley Capital, LLC has trimmed its CLMT position for two straight quarters, cutting it by $4.5M while still holding $684.4K.

CLMT is up 3% today, and institutions have been net buyers of $27.9M this quarter — today's price move and the underlying institutional flow are pointing the same direction.

CLMT reported a net loss of $136.8M over the trailing twelve months.

• Not yet profitable — net loss of $136.8M over the trailing twelve months
• Revenue grew 12.8% year over year
• Net income improved year over year, from -$451.2M to -$136.8M
• Generated $108.9M in positive operating cash flow
• Current ratio of 1.02x — below the conventional 1.5x liquidity buffer
• Total liabilities currently exceed total assets (negative shareholder equity)