Cleveland-Cliffs
292 hedge funds and large institutions have $1.6B invested in Cleveland-Cliffs in 2019 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 117 increasing their positions, 87 reducing their positions, and 45 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 87
2.59% more ownership
Funds ownership: 79.32% → 81.91% (+2.6%)
4% more call options, than puts
Call options by funds: $117M | Put options by funds: $112M
1% less funds holding
Funds holding: 294 → 292 (-2)
2% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 45
33% less capital invested
Capital invested by funds: $2.39B → $1.6B (-$797M)
62% less funds holding in top 10
Funds holding in top 10: 13 → 5 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$52.3M |
| 2 |
BA
Bridgewater Associates
Westport,
Connecticut
|
+$19.2M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$18.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$12.6M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
Ruffer LLP
London,
United Kingdom
|
-$46.7M |
| 2 |
Goldman Sachs
New York
|
-$37M |
| 3 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$23.8M |
| 4 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$23M |
| 5 |
PC
Pelham Capital
London,
United Kingdom
|
-$22.7M |
CLF Hedge Fund Activity: Q3 2019 in Review
292 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q3 2019, worth a combined $1.6B — down 33% from $2.39B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of CLF and 44 opened new positions — a net loss of 1 holder — while 87 trimmed existing stakes and 117 added.
The largest buyer was LSV Asset Management, adding an estimated $52.3M. The largest seller was Ruffer LLP, cutting an estimated $46.7M.
- 292 institutional investors held Cleveland-Cliffs (CLF) as of Q3 2019, down from 294 in Q2 2019.
- Funds reported $1.6B of Cleveland-Cliffs stock for Q3 2019, down 33% quarter-over-quarter.
- 44 funds opened new Cleveland-Cliffs positions in Q3 2019 and 45 closed out, a net change of -1 holder.
- The largest Cleveland-Cliffs buyer in Q3 2019 was LSV Asset Management, an estimated $52.3M added.
- The largest Cleveland-Cliffs seller in Q3 2019 was Ruffer LLP, an estimated $46.7M sold.
Based on aggregated 13F filings for Q3 2019.