Cleveland-Cliffs
507 hedge funds and large institutions have $6.03B invested in Cleveland-Cliffs in 2021 Q3 according to their latest regulatory filings, with 114 funds opening new positions, 186 increasing their positions, 144 reducing their positions, and 70 closing their positions.
63% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 70
29% more repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 144
8% more funds holding
Funds holding: 469 → 507 (+38)
4% more call options, than puts
Call options by funds: $744M | Put options by funds: $713M
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
9.37% less ownership
Funds ownership: 70.25% → 60.88% (-9.4%)
20% less capital invested
Capital invested by funds: $7.55B → $6.03B (-$1.51B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$42.3M |
| 2 |
SAM
Soviero Asset Management
New York
|
+$21.9M |
| 3 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$19.4M |
| 4 |
GJL
Gendell Jeffrey L
|
+$19.1M |
| 5 |
Two Sigma Investments
New York
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$705M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$119M |
| 3 |
PP
Peconic Partners
New York
|
-$71.9M |
| 4 |
Millennium Management
New York
|
-$62M |
| 5 |
TAA
Turiya Advisors Asia
Hong Kong
|
-$60.4M |
CLF Hedge Fund Activity: Q3 2021 in Review
507 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q3 2021, worth a combined $6.03B — down 20% from $7.55B a quarter earlier.
Buyers outnumbered sellers: 114 funds opened new CLF positions and 70 closed out — a net gain of 44 holders — while 186 added to existing stakes and 144 trimmed.
The largest buyer was Jane Street, adding an estimated $42.3M. The largest seller was Bank of America, cutting an estimated $705M.
- 507 institutional investors held Cleveland-Cliffs (CLF) as of Q3 2021, up from 469 in Q2 2021.
- Funds reported $6.03B of Cleveland-Cliffs stock for Q3 2021, down 20% quarter-over-quarter.
- 114 funds opened new Cleveland-Cliffs positions in Q3 2021 and 70 closed out, a net change of +44 holders.
- The largest Cleveland-Cliffs buyer in Q3 2021 was Jane Street, an estimated $42.3M added.
- The largest Cleveland-Cliffs seller in Q3 2021 was Bank of America, an estimated $705M sold.
Based on aggregated 13F filings for Q3 2021.