Cleveland-Cliffs
313 hedge funds and large institutions have $1.69B invested in Cleveland-Cliffs in 2014 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 109 increasing their positions, 117 reducing their positions, and 96 closing their positions.
7% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 117
3.6% less ownership
Funds ownership: 76.97% → 73.37% (-3.6%)
14% less funds holding
Funds holding: 363 → 313 (-50)
29% less capital invested
Capital invested by funds: $2.4B → $1.69B (-$709M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
50% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 96
69% less call options, than puts
Call options by funds: $167M | Put options by funds: $543M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$43.3M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$30M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$28.3M |
| 4 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$15.3M |
| 5 |
BTP
Bloom Tree Partners
New York
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$34.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$29.6M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$19.3M |
| 4 |
MGC
Merchants' Gate Capital
New York
|
-$16.4M |
| 5 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
-$15.8M |
CLF Hedge Fund Activity: Q2 2014 in Review
313 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q2 2014, worth a combined $1.69B — down 29% from $2.4B a quarter earlier.
Sellers outnumbered buyers: 96 funds closed out of CLF and 48 opened new positions — a net loss of 48 holders — while 117 trimmed existing stakes and 109 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $43.3M. The largest seller was State Street, cutting an estimated $34.7M.
- 313 institutional investors held Cleveland-Cliffs (CLF) as of Q2 2014, down from 363 in Q1 2014.
- Funds reported $1.69B of Cleveland-Cliffs stock for Q2 2014, down 29% quarter-over-quarter.
- 48 funds opened new Cleveland-Cliffs positions in Q2 2014 and 96 closed out, a net change of -48 holders.
- The largest Cleveland-Cliffs buyer in Q2 2014 was BlackRock Fund Advisors, an estimated $43.3M added.
- The largest Cleveland-Cliffs seller in Q2 2014 was State Street, an estimated $34.7M sold.
Based on aggregated 13F filings for Q2 2014.