Cleveland-Cliffs
301 hedge funds and large institutions have $1.23B invested in Cleveland-Cliffs in 2014 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 119 increasing their positions, 95 reducing their positions, and 46 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 95
3.99% more ownership
Funds ownership: 73.37% → 77.36% (+4%)
4% less funds holding
Funds holding: 313 → 301 (-12)
17% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 46
27% less capital invested
Capital invested by funds: $1.69B → $1.23B (-$465M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
67% less call options, than puts
Call options by funds: $160M | Put options by funds: $487M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$37.3M |
| 2 |
Goldman Sachs
New York
|
+$29.3M |
| 3 |
MGC
Merchants' Gate Capital
New York
|
+$19.9M |
| 4 |
D.E. Shaw & Co
New York
|
+$19.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$17.1M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$16.7M |
| 3 |
BTP
Bloom Tree Partners
New York
|
-$13.8M |
| 4 |
AC
Allstate Corporation
Northbrook,
Illinois
|
-$12.6M |
| 5 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
-$11.9M |
CLF Hedge Fund Activity: Q3 2014 in Review
301 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q3 2014, worth a combined $1.23B — down 27% from $1.69B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of CLF and 38 opened new positions — a net loss of 8 holders — while 95 trimmed existing stakes and 119 added.
The largest buyer was Bank of America, adding an estimated $37.3M. The largest seller was BlackRock Fund Advisors, cutting an estimated $17.1M.
- 301 institutional investors held Cleveland-Cliffs (CLF) as of Q3 2014, down from 313 in Q2 2014.
- Funds reported $1.23B of Cleveland-Cliffs stock for Q3 2014, down 27% quarter-over-quarter.
- 38 funds opened new Cleveland-Cliffs positions in Q3 2014 and 46 closed out, a net change of -8 holders.
- The largest Cleveland-Cliffs buyer in Q3 2014 was Bank of America, an estimated $37.3M added.
- The largest Cleveland-Cliffs seller in Q3 2014 was BlackRock Fund Advisors, an estimated $17.1M sold.
Based on aggregated 13F filings for Q3 2014.