Cleveland-Cliffs
220 hedge funds and large institutions have $1.08B invested in Cleveland-Cliffs in 2016 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 68 increasing their positions, 80 reducing their positions, and 34 closing their positions.
41% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 34
40% more capital invested
Capital invested by funds: $768M → $1.08B (+$310M)
5% more funds holding
Funds holding: 210 → 220 (+10)
3% more call options, than puts
Call options by funds: $139M | Put options by funds: $135M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.59% less ownership
Funds ownership: 58.15% → 55.56% (-2.6%)
15% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$26.4M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$25.9M |
| 3 |
D.E. Shaw & Co
New York
|
+$21.3M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
+$17.9M |
| 5 |
Goldman Sachs
New York
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$91.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$25.8M |
| 3 |
Two Sigma Investments
New York
|
-$13.7M |
| 4 |
Renaissance Technologies
New York
|
-$13.6M |
| 5 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$13.5M |
CLF Hedge Fund Activity: Q4 2016 in Review
220 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q4 2016, worth a combined $1.08B — up 40% from $768M a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new CLF positions and 34 closed out — a net gain of 14 holders — while 68 added to existing stakes and 80 trimmed.
The largest buyer was Vanguard Group, adding an estimated $26.4M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $91.3M sold.
- 220 institutional investors held Cleveland-Cliffs (CLF) as of Q4 2016, up from 210 in Q3 2016.
- Funds reported $1.08B of Cleveland-Cliffs stock for Q4 2016, up 40% quarter-over-quarter.
- 48 funds opened new Cleveland-Cliffs positions in Q4 2016 and 34 closed out, a net change of +14 holders.
- The largest Cleveland-Cliffs buyer in Q4 2016 was Vanguard Group, an estimated $26.4M added.
- The largest Cleveland-Cliffs seller in Q4 2016 was Arrowstreet Capital, an estimated $91.3M sold.
Based on aggregated 13F filings for Q4 2016.