Zuckerman Investment Group’s Cleveland-Cliffs CLF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	–	Sell	-110,000	Closed	-$904K	–	159
2025 Q1	$904K	Buy	110,000 +5,000	+5%	+$41.1K	0.1%	79
2024 Q4	$1.02M	Sell	105,000 -9,000	-8%	-$87.7K	0.1%	78
2024 Q3	$1.46M	Buy	114,000 +64,000	+128%	+$817K	0.15%	64
2024 Q2	$770K	Sell	50,000 -10,000	-17%	-$154K	0.09%	80
2024 Q1	$1.36M	Buy	60,000 +24,000	+67%	+$546K	0.15%	63
2023 Q4	$735K	Hold	36,000	–	–	0.09%	78
2023 Q3	$563K	Sell	36,000 -10,000	-22%	-$156K	0.08%	76
2023 Q2	$771K	Hold	46,000	–	–	0.11%	65
2023 Q1	$843K	Sell	46,000 -38,000	-45%	-$697K	0.13%	63
2022 Q4	$1.35M	Buy	84,000 +54,000	+180%	+$870K	0.21%	56
2022 Q3	$404K	Hold	30,000	–	–	0.08%	82
2022 Q2	$461K	Hold	30,000	–	–	0.08%	71
2022 Q1	$966K	Hold	30,000	–	–	0.16%	58
2021 Q4	$653K	Hold	30,000	–	–	0.1%	68
2021 Q3	$594K	Hold	30,000	–	–	0.1%	72
2021 Q2	$647K	Sell	30,000 -10,000	-25%	-$216K	0.1%	70
2021 Q1	$804K	Sell	40,000 -10,000	-20%	-$201K	0.13%	63
2020 Q4	$728K	Hold	50,000	–	–	0.13%	56
2020 Q3	$321K	Hold	50,000	–	–	0.07%	62
2020 Q2	$276K	Hold	50,000	–	–	0.07%	66
2020 Q1	$197K	Hold	50,000	–	–	0.06%	65
2019 Q4	$420K	Buy	+50,000	New	+$420K	0.09%	51