Adams Asset Advisors Sells $50M in Calumet Shares Amid Strong Price Appreciation
Adams Asset Advisors sold $50.3 million worth of Calumet (CLMT) shares in Q1 2026, despite the stock's nearly 200% price increase over the past year. The sale reduced Adams' stake in Calumet, but the remaining position is now valued at $115 million, making it the firm's largest holding at 12.9% of AUM.
Topics: Adams Asset Advisors Calumet Portfolio Management SEC Filing Stock Holdings