| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Two Seas Capital LP | 9.3% | +19% | $161,073,775 | +$26,765,794 | 8,098,229 | +20% | Two Seas Capital LP | 31 Dec 2025 |
| Wasserstein Debt Opportunities Fund, LP | 7.1% | $66,225,192 | 6,098,084 | Rajay Bagaria | 31 Dec 2024 | |||
| Wasserstein Debt Opportunities Management, L.P. | 7% | 0% | $65,522,496 | 6,033,379 | 0% | Bagaria Rajay | 18 Mar 2025 | |
| Adams Asset Advisors, LLC | 6.1% | $57,027,598 | 5,251,160 | Adams Asset Advisors, LLC | 31 Dec 2024 | |||
| BlackRock, Inc. | 5.4% | $74,179,424 | 4,708,310 | BlackRock, Inc. | 30 Jun 2025 | |||
| VANGUARD GROUP INC | 5.4% | $73,532,146 | 4,667,226 | The Vanguard Group | 30 Jun 2025 |
As of 31 Dec 2025, 139 institutional investors reported holding 45,045,470 shares of Calumet, Inc. /DE - Common Stock, par value $0.01 per share (CLMT). This represents 52% of the company’s total 87,077,731 outstanding shares.
The largest institutional shareholders of Calumet, Inc. /DE - Common Stock, par value $0.01 per share (CLMT) together control 47% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| Two Seas Capital LP | 8% | 6,976,229 | +21% | 8.1% | $138,617,670 |
| Wasserstein Debt Opportunities Management, L.P. | 6.4% | 5,573,398 | -4.2% | 100% | $110,743,418 |
| Adams Asset Advisors, LLC | 5.9% | 5,156,271 | -4.6% | 13% | $102,455,105 |
| BlackRock, Inc. | 5.7% | 4,940,577 | +0.04% | 0% | $98,169,266 |
| VANGUARD GROUP INC | 5.4% | 4,703,040 | +1.3% | 0% | $93,449,405 |
| Knott David M Jr | 2.5% | 2,214,969 | -22% | 20% | $44,011,434 |
| STATE STREET CORP | 2.5% | 2,155,015 | -2.3% | 0% | $42,820,148 |
| GEODE CAPITAL MANAGEMENT, LLC | 1.9% | 1,659,429 | -1% | 0% | $32,977,884 |
| MORGAN STANLEY | 1.3% | 1,117,977 | +42% | 0% | $22,214,203 |
| MARSHALL WACE, LLP | 0.88% | 767,830 | -14% | 0.01% | $15,256,783 |
| BROWN ADVISORY INC | 0.82% | 715,724 | -6.5% | 0.02% | $14,221,436 |
| BANK OF AMERICA CORP /DE/ | 0.8% | 698,759 | +93% | 0% | $13,884,342 |
| NORTHERN TRUST CORP | 0.64% | 553,200 | -6.7% | 0% | $10,992,083 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.63% | 550,496 | -0.94% | 0% | $10,938,356 |
| RAYMOND JAMES FINANCIAL INC | 0.57% | 495,961 | -4.3% | 0% | $9,854,745 |
| UBS Group AG | 0.41% | 358,628 | +90% | 0% | $7,125,938 |
| GOLDMAN SACHS GROUP INC | 0.4% | 348,115 | +128% | 0% | $6,917,045 |
| ROYAL BANK OF CANADA | 0.36% | 317,328 | -11% | 0% | $6,305,000 |
| BNP PARIBAS FINANCIAL MARKETS | 0.33% | 290,729 | 0% | 0% | $5,776,785 |
| Trexquant Investment LP | 0.31% | 265,637 | +46% | 0.05% | $5,278,207 |
| CITIGROUP INC | 0.3% | 260,958 | +44% | 0% | $5,185,235 |
| Rangeley Capital, LLC | 0.3% | 259,300 | -22% | 4.5% | $5,152,291 |
| FIRST TRUST ADVISORS LP | 0.29% | 255,118 | +63% | 0% | $5,069,194 |
| Mariner, LLC | 0.27% | 232,590 | -37% | 0.01% | $4,621,682 |
| Bank of New York Mellon Corp | 0.24% | 206,801 | +6% | 0% | $4,109,135 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 45,045,470 | $894,903,502 | -$813,475 | $19.87 | 139 |
| 2025 Q3 | 45,327,710 | $827,261,131 | +$19,058,964 | $18.25 | 148 |
| 2025 Q2 | 44,375,848 | $699,143,763 | +$74,382,984 | $15.76 | 134 |
| 2025 Q1 | 39,712,792 | $503,549,426 | +$20,401,127 | $12.68 | 129 |
| 2024 Q4 | 37,050,550 | $815,771,457 | +$89,781,954 | $22.02 | 123 |
| 2024 Q3 | 31,294,870 | $557,725,506 | +$536,163,797 | $17.82 | 90 |
| 2024 Q2 | 69,614 | $1,117,304 | +$1,117,304 | $16.05 | 3 |