Cleveland-Cliffs
CLF
606 hedge funds and large institutions have $5.23B invested in Cleveland-Cliffs in 2023 Q3 according to their latest regulatory filings, with 79 funds opening new positions, 194 increasing their positions, 211 reducing their positions, and 45 closing their positions.
76% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 45
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
5% more funds holding
Funds holding: 578 → 606 (+28)
4.52% more ownership
Funds ownership: 61.21% → 65.73% (+4.5%)
1% less capital invested
Capital invested by funds: $5.3B → $5.23B (-$65.6M)
8% less repeat investments, than reductions
Existing positions increased: 194 | Existing positions reduced: 211
15% less call options, than puts
Call options by funds: $359M | Put options by funds: $424M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Slate Path Capital
New York
|
+$106M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$86.2M |
| 3 |
Squarepoint
New York
|
+$42.8M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$37.2M |
| 5 |
Holocene Advisors
New York
|
+$33.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$73.8M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
-$49.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$37.1M |
| 4 |
TC
TwinBeech Capital
Purchase,
New York
|
-$19M |
| 5 |
Aviva
London,
United Kingdom
|
-$15.5M |
CLF Hedge Fund Activity: Q3 2023 in Review
606 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q3 2023, worth a combined $5.23B — down 1.2% from $5.3B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new CLF positions and 45 closed out — a net gain of 34 holders — while 194 added to existing stakes and 211 trimmed.
The largest buyer was Slate Path Capital, opening a new position worth an estimated $106M. The largest seller was Fidelity Investments, cutting an estimated $73.8M.
- 606 institutional investors held Cleveland-Cliffs (CLF) as of Q3 2023, up from 578 in Q2 2023.
- Funds reported $5.23B of Cleveland-Cliffs stock for Q3 2023, down 1.2% quarter-over-quarter.
- 79 funds opened new Cleveland-Cliffs positions in Q3 2023 and 45 closed out, a net change of +34 holders.
- The largest Cleveland-Cliffs buyer in Q3 2023 was Slate Path Capital, an estimated $106M added.
- The largest Cleveland-Cliffs seller in Q3 2023 was Fidelity Investments, an estimated $73.8M sold.
Based on aggregated 13F filings for Q3 2023.