Calumet Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:CLMT Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
16 Jun 25	SellUS$2,377,000	Jennifer Straumins	Individual	150,000	US$16.23
16 Jun 25	SellUS$419,303	Gregory Morical	Individual	25,123	US$16.69
05 Jun 25	SellUS$1,317,000	Jennifer Straumins	Individual	100,000	US$13.17
14 May 25	SellUS$554,200	Daniel Sheets	Individual	40,000	US$14.06
04 Mar 25	BuyUS$32,625	David Lunin	Individual	2,500	US$13.05
15 Jan 25	SellUS$5,376,015	Wasserstein & Co., L.P.	Company	260,917	US$23.50
14 Jan 25	BuyUS$2,853,390	Wasserstein & Co., L.P.	Company	150,000	US$19.02
18 Dec 24	SellUS$810,983	Jennifer Straumins	Individual	37,861	US$21.42
03 Dec 24	SellUS$1,623,750	Jennifer Straumins	Individual	75,000	US$21.65

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of CLMT?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	3,565,501	4.11%
Hedge Funds	5,752,538	6.63%
VC/PE Firms	5,817,012	6.71%
Private Companies	14,675,402	16.9%
General Public	22,971,062	26.5%
Institutions	33,972,806	39.2%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 64.43% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
15.9%	The Heritage Group	13,787,209	US$266.1m	0%	no data
6.71%	Wasserstein & Co., L.P.	5,817,012	US$112.3m	0%	24.26%
6.63%	Two Seas Capital LP	5,752,538	US$111.0m	27.9%	5.88%
6.23%	Adams Asset Advisors LLC	5,406,271	US$104.3m	0%	13.71%
5.69%	BlackRock, Inc.	4,938,486	US$95.3m	4.89%	no data
5.35%	The Vanguard Group, Inc.	4,644,664	US$89.6m	-0.48%	no data
3.26%	Knott Partners Management, LLC	2,825,231	US$54.5m	-13.7%	19.66%
2.54%	State Street Global Advisors, Inc.	2,205,684	US$42.6m	1.49%	no data
1.93%	Geode Capital Management, LLC	1,676,817	US$32.4m	-1.63%	no data
1.08%	Jennifer Straumins	938,385	US$18.1m	0%	no data
1.03%	Marshall Wace LLP	891,390	US$17.2m	35.8%	0.02%
1.02%	Calumet Specialty Products Partners, L.P.	888,193	US$17.1m	0%	no data
0.88%	Brown Advisory Incorporated	765,724	US$14.8m	410%	0.02%
0.68%	Northern Trust Global Investments	592,610	US$11.4m	-1.32%	no data
0.68%	Bruce Fleming	587,498	US$11.3m	0%	no data
0.64%	Charles Schwab Investment Management, Inc.	555,733	US$10.7m	-2.67%	no data
0.61%	Morgan Stanley Investment Management Inc.	533,153	US$10.3m	1,470%	0.01%
0.6%	Raymond James Financial, Inc.	518,056	US$10.0m	-2.99%	no data
0.48%	Ayal Capital Advisors Limited	416,645	US$8.0m	24.4%	4.47%
0.45%	James Carter	394,632	US$7.6m	0%	no data
0.44%	Garnet Equity Capital Holdings, Inc.	381,962	US$7.4m	-37.4%	3.52%
0.43%	Mariner, LLC	369,408	US$7.1m	960%	0.01%
0.4%	Rajay Bagaria	349,547	US$6.7m	0%	no data
0.38%	Rangeley Capital, LLC	331,000	US$6.4m	3.76%	4.66%
0.38%	UBS Asset Management AG	328,368	US$6.3m	-55.3%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/28 04:08
End of Day Share Price	2025/11/28 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Calumet, Inc. is covered by 15 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Richard Gross	Barclays
Jennifer Fitzpatrick	BofA Global Research
Conor Fitzpatrick	BofA Global Research