Cleveland-Cliffs
259 hedge funds and large institutions have $1.36B invested in Cleveland-Cliffs in 2018 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 83 increasing their positions, 87 reducing their positions, and 53 closing their positions.
4.72% more ownership
Funds ownership: 60.89% → 65.62% (+4.7%)
4% more capital invested
Capital invested by funds: $1.3B → $1.36B (+$57.7M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
5% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 87
8% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 53
2% less funds holding
Funds holding: 265 → 259 (-6)
11% less call options, than puts
Call options by funds: $86M | Put options by funds: $96.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$83M |
| 2 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$59.7M |
| 3 |
Millennium Management
New York
|
+$54.9M |
| 4 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$44.3M |
| 5 |
Viking Global Investors
Stamford,
Connecticut
|
+$19.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$56.3M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
-$27.1M |
| 3 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
-$23.1M |
| 4 |
GJL
Gendell Jeffrey L
|
-$16.7M |
| 5 |
MCM
Masters Capital Management
Atlanta,
Georgia
|
-$15M |
CLF Hedge Fund Activity: Q1 2018 in Review
259 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q1 2018, worth a combined $1.36B — up 4.4% from $1.3B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of CLF and 49 opened new positions — a net loss of 4 holders — while 87 trimmed existing stakes and 83 added.
The largest buyer was Fidelity Investments, adding an estimated $83M. The largest seller was Balyasny Asset Management, cutting an estimated $56.3M.
- 259 institutional investors held Cleveland-Cliffs (CLF) as of Q1 2018, down from 265 in Q4 2017.
- Funds reported $1.36B of Cleveland-Cliffs stock for Q1 2018, up 4.4% quarter-over-quarter.
- 49 funds opened new Cleveland-Cliffs positions in Q1 2018 and 53 closed out, a net change of -4 holders.
- The largest Cleveland-Cliffs buyer in Q1 2018 was Fidelity Investments, an estimated $83M added.
- The largest Cleveland-Cliffs seller in Q1 2018 was Balyasny Asset Management, an estimated $56.3M sold.
Based on aggregated 13F filings for Q1 2018.