Cleveland-Cliffs
CLF
191 hedge funds and large institutions have $642M invested in Cleveland-Cliffs in 2016 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 69 increasing their positions, 51 reducing their positions, and 30 closing their positions.
139% more capital invested
Capital invested by funds: $269M → $642M (+$373M)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
37% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 30
35% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 51
12.26% more ownership
Funds ownership: 50.25% → 62.51% (+12%)
5% more funds holding
Funds holding: 182 → 191 (+9)
9% less call options, than puts
Call options by funds: $77.8M | Put options by funds: $85.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$51.1M |
| 2 |
Renaissance Technologies
New York
|
+$16.8M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$11.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$10.2M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$4.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$12.2M |
| 2 |
Millennium Management
New York
|
-$3.88M |
| 3 |
D.E. Shaw & Co
New York
|
-$3.85M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
-$3.45M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.55M |
CLF Hedge Fund Activity: Q2 2016 in Review
191 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q2 2016, worth a combined $642M — up 139% from $269M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new CLF positions and 30 closed out — a net gain of 11 holders — while 69 added to existing stakes and 51 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $51.1M. The largest seller was State Street, cutting an estimated $12.2M.
- 191 institutional investors held Cleveland-Cliffs (CLF) as of Q2 2016, up from 182 in Q1 2016.
- Funds reported $642M of Cleveland-Cliffs stock for Q2 2016, up 139% quarter-over-quarter.
- 41 funds opened new Cleveland-Cliffs positions in Q2 2016 and 30 closed out, a net change of +11 holders.
- The largest Cleveland-Cliffs buyer in Q2 2016 was Arrowstreet Capital, an estimated $51.1M added.
- The largest Cleveland-Cliffs seller in Q2 2016 was State Street, an estimated $12.2M sold.
Based on aggregated 13F filings for Q2 2016.