Cleveland-Cliffs
565 hedge funds and large institutions have $4.39B invested in Cleveland-Cliffs in 2024 Q3 according to their latest regulatory filings, with 73 funds opening new positions, 186 increasing their positions, 213 reducing their positions, and 120 closing their positions.
59% more call options, than puts
Call options by funds: $511M | Put options by funds: $321M
2.5% more ownership
Funds ownership: 71.02% → 73.52% (+2.5%)
8% less funds holding
Funds holding: 613 → 565 (-48)
13% less repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 213
16% less capital invested
Capital invested by funds: $5.2B → $4.39B (-$808M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
39% less first-time investments, than exits
New positions opened: 73 | Existing positions closed: 120
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$86.5M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$63.7M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$50M |
| 4 |
SPC
Slate Path Capital
New York
|
+$49.2M |
| 5 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$45.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$80.7M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$63.3M |
| 3 |
State Street
Boston,
Massachusetts
|
-$28.8M |
| 4 |
Millennium Management
New York
|
-$19.9M |
| 5 |
Korea Investment Corp
Seoul,
South Korea
|
-$17.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AW
676
Avion Wealth
The Woodlands,
Texas
| – | -$869 | -64 | -64% |
|
|
S
677
Sachetta
Lynnfield,
Massachusetts
| – | -$779 | -52 | Closed |
|
|
CAM
678
Clarity Asset Management
Ames,
Iowa
| – | -$770 | -50 | Closed |
|
|
BF
679
BOK Financial
Tulsa,
Oklahoma
| – | -$139 | -9 | Closed |
|
|
BGAI
680
Bruce G. Allen Investments
Denver,
Colorado
| – | -$123 | -8 | Closed |
|
681
AssetMark Inc
Concord,
California
| – | -$77 | -5 | Closed |
|
|
HIA
682
Harbor Investment Advisory
Lutherville,
Maryland
| – | -$62 | -4 | Closed |
|
|
WIA
683
Wetzel Investment Advisors
Indianapolis,
Indiana
| – | -$91 | -4 | Closed |
|
684
Lazard Asset Management
New York
| – | +$516 | +38 | +109% |
|
|
FIA
685
FNY Investment Advisers
New York
| – | +$923 | +68 | New |
|
CLF Hedge Fund Activity: Q3 2024 in Review
565 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q3 2024, worth a combined $4.39B — down 16% from $5.2B a quarter earlier.
Sellers outnumbered buyers: 120 funds closed out of CLF and 73 opened new positions — a net loss of 47 holders — while 213 trimmed existing stakes and 186 added.
The largest buyer was Arrowstreet Capital, adding an estimated $86.5M. The largest seller was BlackRock, cutting an estimated $80.7M.
- 565 institutional investors held Cleveland-Cliffs (CLF) as of Q3 2024, down from 613 in Q2 2024.
- Funds reported $4.39B of Cleveland-Cliffs stock for Q3 2024, down 16% quarter-over-quarter.
- 73 funds opened new Cleveland-Cliffs positions in Q3 2024 and 120 closed out, a net change of -47 holders.
- The largest Cleveland-Cliffs buyer in Q3 2024 was Arrowstreet Capital, an estimated $86.5M added.
- The largest Cleveland-Cliffs seller in Q3 2024 was BlackRock, an estimated $80.7M sold.
Based on aggregated 13F filings for Q3 2024.