Cleveland-Cliffs
321 hedge funds and large institutions have $1.08B invested in Cleveland-Cliffs in 2020 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 158 increasing their positions, 76 reducing their positions, and 61 closing their positions.
108% more repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 76
7% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 61
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% less funds holding
Funds holding: 322 → 321 (-1)
15.98% less ownership
Funds ownership: 84.44% → 68.46% (-16%)
44% less capital invested
Capital invested by funds: $1.92B → $1.08B (-$838M)
55% less call options, than puts
Call options by funds: $36M | Put options by funds: $79.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$110M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$94.8M |
| 3 |
State Street
Boston,
Massachusetts
|
+$25.1M |
| 4 |
D.E. Shaw & Co
New York
|
+$16.4M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$16M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$13.1M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
-$12.4M |
| 4 |
MAM
Melqart Asset Management
London,
United Kingdom
|
-$11.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.4M |
CLF Hedge Fund Activity: Q1 2020 in Review
321 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q1 2020, worth a combined $1.08B — down 44% from $1.92B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new CLF positions and 61 closed out — a net gain of 4 holders — while 158 added to existing stakes and 76 trimmed.
The largest buyer was BlackRock, adding an estimated $110M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $16M sold.
- 321 institutional investors held Cleveland-Cliffs (CLF) as of Q1 2020, down from 322 in Q4 2019.
- Funds reported $1.08B of Cleveland-Cliffs stock for Q1 2020, down 44% quarter-over-quarter.
- 65 funds opened new Cleveland-Cliffs positions in Q1 2020 and 61 closed out, a net change of +4 holders.
- The largest Cleveland-Cliffs buyer in Q1 2020 was BlackRock, an estimated $110M added.
- The largest Cleveland-Cliffs seller in Q1 2020 was Capital Research Global Investors, an estimated $16M sold.
Based on aggregated 13F filings for Q1 2020.