What is the size and nature of Two Seas Capital's stake in Calumet Specialty Products Partners, as disclosed in the filing?

Two Seas Capital LP and its affiliates have disclosed a beneficial ownership of 7.5% in Calumet, Inc. (CLMT), representing 6,619,708 shares of common stock held by Two Seas Global (Master) Fund LP; the filing confirms that Two Seas Capital and its reporting persons hold sole voting and dispositive power over these shares.

Which entity holds the reported shares, and what authority does Two Seas Capital have over them?

The reported shares are held by Two Seas Global (Master) Fund LP, and Two Seas Capital LP—along with its reporting persons—possesses sole voting and dispositive power over the entire 6,619,708-share stake, as stated in the Schedule 13G/A filing.

Two Seas Capital Discloses 7.5% Stake in Calumet Specialty Products Partners

Aug 14, 2026

Two Seas Capital LP reported a 7.5% beneficial ownership stake in Calumet Specialty Products Partners via its Two Seas Global Fund. The Schedule 13G/A filing indicates sole voting power over approximately 6.6 million common shares.

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Two Seas Capital Discloses 7.5% Stake in Calumet Specialty Products Partners

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