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Cleveland-Cliffs

605 hedge funds and large institutions have $4.9B invested in Cleveland-Cliffs in 2022 Q2 according to their latest regulatory filings, with 108 funds opening new positions, 226 increasing their positions, 187 reducing their positions, and 139 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more repeat investments, than reductions

Existing positions increased: 226 | Existing positions reduced: 187

0.42% more ownership

Funds ownership: 60.39%60.81% (+0.42%)

9% less call options, than puts

Call options by funds: $411M | Put options by funds: $453M

7% less funds holding

Funds holding: 648605 (-43)

22% less first-time investments, than exits

New positions opened: 108 | Existing positions closed: 139

52% less capital invested

Capital invested by funds: $10.2B → $4.9B (-$5.29B)

68% less funds holding in top 10

Funds holding in top 10: 289 (-19)

Holders
605
Holders Change
-43
Holders Change %
-6.64%
% of All Funds
10.19%
Holding in Top 10
9
Holding in Top 10 Change
-19
Holding in Top 10 Change %
-67.86%
% of All Funds
0.15%
New
108
Increased
226
Reduced
187
Closed
139
Calls
$411M
Puts
$453M
Net Calls
-$41.9M
Net Calls Change
-$304M
Name Holding Trade Value Shares
Change
Change in
Stake
Legal & General Group
26
Legal & General Group
United Kingdom
$32M +$33.5M +1,401,611 +206%
CS
27
Credit Suisse
Switzerland
$30.7M +$31.2M +1,304,627 +189%
TSW
28
Thompson Siegel & Walmsley
Virginia
$29.5M +$27.5M +1,152,296 +150%
Bank of America
29
Bank of America
North Carolina
$29.4M +$3.45M +144,439 +8%
HCM
30
Hodges Capital Management
Texas
$28M +$712K +29,776 +2%
Deutsche Bank
31
Deutsche Bank
Germany
$27.3M +$30.1M +1,259,826 +243%
AQR Capital Management
32
AQR Capital Management
Connecticut
$26.5M +$15.2M +634,052 +55%
JP Morgan Chase
33
JP Morgan Chase
New York
$25.5M +$467K +19,538 +1%
MCM
34
Masters Capital Management
Georgia
$23.1M +$12M +500,000 +50%
N
35
Nuveen
North Carolina
$22.7M -$11.9M -497,334 -25%
Sumitomo Mitsui Trust Group
36
Sumitomo Mitsui Trust Group
Japan
$22.2M +$34.3M +1,436,763 +21,018%
UBS Group
37
UBS Group
Switzerland
$21.8M -$6.5M -271,925 -16%
AIP
38
ARS Investment Partners
New York
$21.7M -$855K -35,766 -2%
Grantham, Mayo, Van Otterloo & Co (GMO)
39
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$21.6M +$33.6M +1,407,100 New
RhumbLine Advisers
40
RhumbLine Advisers
Massachusetts
$21.1M +$4.25M +177,670 +15%
UBS AM
41
UBS AM
Illinois
$20.5M +$14.7M +616,452 +86%
GJL
42
Gendell Jeffrey L
$19.1M -$22.7M -949,475 -43%
Wells Fargo
43
Wells Fargo
California
$18.5M -$4.23M -176,913 -13%
Royal Bank of Canada
44
Royal Bank of Canada
Ontario, Canada
$18.5M +$1.45M +60,510 +5%
CIM
45
Contrarius Investment Management
Jersey
$16.5M -$47.3M -1,977,820 -65%
Marshall Wace
46
Marshall Wace
United Kingdom
$15.2M -$80.9M -3,383,133 -77%
Ensign Peak Advisors
47
Ensign Peak Advisors
Utah
$15M +$8.38M +350,735 +56%
GFA
48
Gallagher Fiduciary Advisors
Illinois
$15M -$1.33M -55,482 -5%
California Public Employees Retirement System
49
California Public Employees Retirement System
California
$14.4M +$585K +24,490 +3%
Parallax Volatility Advisers
50
Parallax Volatility Advisers
California
$14.4M +$14.9M +622,669 +198%

CLF Hedge Fund Activity: Q2 2022 in Review

605 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q2 2022, worth a combined $4.9B — down 52% from $10.2B a quarter earlier.

Sellers outnumbered buyers: 139 funds closed out of CLF and 108 opened new positions — a net loss of 31 holders — while 187 trimmed existing stakes and 226 added.

The largest buyer was BlackRock, adding an estimated $327M. The largest seller was D.E. Shaw & Co, cutting an estimated $133M.

  • 605 institutional investors held Cleveland-Cliffs (CLF) as of Q2 2022, down from 648 in Q1 2022.
  • Funds reported $4.9B of Cleveland-Cliffs stock for Q2 2022, down 52% quarter-over-quarter.
  • 108 funds opened new Cleveland-Cliffs positions in Q2 2022 and 139 closed out, a net change of -31 holders.
  • The largest Cleveland-Cliffs buyer in Q2 2022 was BlackRock, an estimated $327M added.
  • The largest Cleveland-Cliffs seller in Q2 2022 was D.E. Shaw & Co, an estimated $133M sold.

Based on aggregated 13F filings for Q2 2022.