Cleveland-Cliffs
613 hedge funds and large institutions have $5.2B invested in Cleveland-Cliffs in 2024 Q2 according to their latest regulatory filings, with 92 funds opening new positions, 186 increasing their positions, 224 reducing their positions, and 104 closing their positions.
56% more call options, than puts
Call options by funds: $510M | Put options by funds: $327M
5.54% more ownership
Funds ownership: 65.48% → 71.02% (+5.5%)
4% less funds holding
Funds holding: 637 → 613 (-24)
12% less first-time investments, than exits
New positions opened: 92 | Existing positions closed: 104
17% less repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 224
30% less capital invested
Capital invested by funds: $7.4B → $5.2B (-$2.2B)
57% less funds holding in top 10
Funds holding in top 10: 14 → 6 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$210M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$101M |
| 3 |
Millennium Management
New York
|
+$61.1M |
| 4 |
BlackRock
New York
|
+$38.4M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$36.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$101M |
| 2 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
-$87.1M |
| 3 |
CHP
Castle Hook Partners
New York
|
-$76.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$46.9M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$40.8M |
CLF Hedge Fund Activity: Q2 2024 in Review
613 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q2 2024, worth a combined $5.2B — down 30% from $7.4B a quarter earlier.
Sellers outnumbered buyers: 104 funds closed out of CLF and 92 opened new positions — a net loss of 12 holders — while 224 trimmed existing stakes and 186 added.
The largest buyer was Pacer Advisors, adding an estimated $210M. The largest seller was Arrowstreet Capital, cutting an estimated $101M.
- 613 institutional investors held Cleveland-Cliffs (CLF) as of Q2 2024, down from 637 in Q1 2024.
- Funds reported $5.2B of Cleveland-Cliffs stock for Q2 2024, down 30% quarter-over-quarter.
- 92 funds opened new Cleveland-Cliffs positions in Q2 2024 and 104 closed out, a net change of -12 holders.
- The largest Cleveland-Cliffs buyer in Q2 2024 was Pacer Advisors, an estimated $210M added.
- The largest Cleveland-Cliffs seller in Q2 2024 was Arrowstreet Capital, an estimated $101M sold.
Based on aggregated 13F filings for Q2 2024.