Cleveland-Cliffs
353 hedge funds and large institutions have $2.52B invested in Cleveland-Cliffs in 2013 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 123 increasing their positions, 130 reducing their positions, and 44 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
30% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 44
29% more capital invested
Capital invested by funds: $1.96B → $2.52B (+$563M)
3% more funds holding
Funds holding: 343 → 353 (+10)
1.6% more ownership
Funds ownership: 78.84% → 80.44% (+1.6%)
5% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 130
28% less call options, than puts
Call options by funds: $276M | Put options by funds: $386M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$38.9M |
| 2 |
BRC
Blue Ridge Capital
New York
|
+$29.6M |
| 3 |
AC
Allstate Corporation
Northbrook,
Illinois
|
+$22.3M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$16.7M |
| 5 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$25.2M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$24.8M |
| 3 |
Renaissance Technologies
New York
|
-$18.6M |
| 4 |
Retirement Systems of Alabama
Montgomery,
Alabama
|
-$16.8M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$16.1M |
CLF Hedge Fund Activity: Q3 2013 in Review
353 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q3 2013, worth a combined $2.52B — up 29% from $1.96B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new CLF positions and 44 closed out — a net gain of 13 holders — while 123 added to existing stakes and 130 trimmed.
The largest buyer was Hexavest, adding an estimated $38.9M. The largest seller was Capital Research Global Investors, cutting an estimated $25.2M.
- 353 institutional investors held Cleveland-Cliffs (CLF) as of Q3 2013, up from 343 in Q2 2013.
- Funds reported $2.52B of Cleveland-Cliffs stock for Q3 2013, up 29% quarter-over-quarter.
- 57 funds opened new Cleveland-Cliffs positions in Q3 2013 and 44 closed out, a net change of +13 holders.
- The largest Cleveland-Cliffs buyer in Q3 2013 was Hexavest, an estimated $38.9M added.
- The largest Cleveland-Cliffs seller in Q3 2013 was Capital Research Global Investors, an estimated $25.2M sold.
Based on aggregated 13F filings for Q3 2013.