Cleveland-Cliffs
624 hedge funds and large institutions have $6.96B invested in Cleveland-Cliffs in 2023 Q4 according to their latest regulatory filings, with 99 funds opening new positions, 159 increasing their positions, 257 reducing their positions, and 73 closing their positions.
36% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 73
33% more capital invested
Capital invested by funds: $5.23B → $6.96B (+$1.73B)
25% more funds holding in top 10
Funds holding in top 10: 12 → 15 (+3)
3% more funds holding
Funds holding: 606 → 624 (+18)
1.83% more ownership
Funds ownership: 65.73% → 67.56% (+1.8%)
26% less call options, than puts
Call options by funds: $452M | Put options by funds: $608M
38% less repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 257
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$101M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$65.5M |
| 3 |
Two Sigma Investments
New York
|
+$57.7M |
| 4 |
CHP
Castle Hook Partners
New York
|
+$50.7M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$42.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$123M |
| 2 |
Holocene Advisors
New York
|
-$55.8M |
| 3 |
Squarepoint
New York
|
-$46.3M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$30M |
| 5 |
BlackRock
New York
|
-$27.9M |
CLF Hedge Fund Activity: Q4 2023 in Review
624 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q4 2023, worth a combined $6.96B — up 33% from $5.23B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new CLF positions and 73 closed out — a net gain of 26 holders — while 159 added to existing stakes and 257 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $101M. The largest seller was Citadel Advisors, cutting an estimated $123M.
- 624 institutional investors held Cleveland-Cliffs (CLF) as of Q4 2023, up from 606 in Q3 2023.
- Funds reported $6.96B of Cleveland-Cliffs stock for Q4 2023, up 33% quarter-over-quarter.
- 99 funds opened new Cleveland-Cliffs positions in Q4 2023 and 73 closed out, a net change of +26 holders.
- The largest Cleveland-Cliffs buyer in Q4 2023 was Morgan Stanley, an estimated $101M added.
- The largest Cleveland-Cliffs seller in Q4 2023 was Citadel Advisors, an estimated $123M sold.
Based on aggregated 13F filings for Q4 2023.