Cleveland-Cliffs
CLF
411 hedge funds and large institutions have $3.33B invested in Cleveland-Cliffs in 2013 Q4 according to their latest regulatory filings, with 104 funds opening new positions, 99 increasing their positions, 159 reducing their positions, and 45 closing their positions.
131% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 45
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
32% more capital invested
Capital invested by funds: $2.52B → $3.33B (+$809M)
16% more funds holding
Funds holding: 353 → 411 (+58)
2.7% more ownership
Funds ownership: 80.44% → 83.14% (+2.7%)
38% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 159
50% less call options, than puts
Call options by funds: $285M | Put options by funds: $570M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$96.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$43.9M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
+$37.5M |
| 4 |
D.E. Shaw & Co
New York
|
+$31.1M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$30.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$77.7M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$76.7M |
| 3 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$54.9M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$42.1M |
| 5 |
LCS
Levin Capital Strategies
New York
|
-$28M |
CLF Hedge Fund Activity: Q4 2013 in Review
411 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q4 2013, worth a combined $3.33B — up 32% from $2.52B a quarter earlier.
Buyers outnumbered sellers: 104 funds opened new CLF positions and 45 closed out — a net gain of 59 holders — while 99 added to existing stakes and 159 trimmed.
The largest buyer was AJO LP, adding an estimated $96.5M. The largest seller was BlackRock Fund Advisors, cutting an estimated $77.7M.
- 411 institutional investors held Cleveland-Cliffs (CLF) as of Q4 2013, up from 353 in Q3 2013.
- Funds reported $3.33B of Cleveland-Cliffs stock for Q4 2013, up 32% quarter-over-quarter.
- 104 funds opened new Cleveland-Cliffs positions in Q4 2013 and 45 closed out, a net change of +59 holders.
- The largest Cleveland-Cliffs buyer in Q4 2013 was AJO LP, an estimated $96.5M added.
- The largest Cleveland-Cliffs seller in Q4 2013 was BlackRock Fund Advisors, an estimated $77.7M sold.
Based on aggregated 13F filings for Q4 2013.