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Cleveland-Cliffs

269 hedge funds and large institutions have $822M invested in Cleveland-Cliffs in 2014 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 82 increasing their positions, 102 reducing their positions, and 79 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

2.29% less ownership

Funds ownership: 77.36%75.07% (-2.3%)

11% less funds holding

Funds holding: 301269 (-32)

20% less repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 102

33% less capital invested

Capital invested by funds: $1.23B → $822M (-$405M)

37% less first-time investments, than exits

New positions opened: 50 | Existing positions closed: 79

70% less call options, than puts

Call options by funds: $113M | Put options by funds: $377M

Holders
269
Holders Change
-32
Holders Change %
-10.63%
% of All Funds
7.18%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.11%
New
50
Increased
82
Reduced
102
Closed
79
Calls
$113M
Puts
$377M
Net Calls
-$264M
Net Calls Change
+$63.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$84.7M
Vanguard Group
2
Vanguard Group
Pennsylvania
$63.3M -$308K -35,377 -0.4%
CC
3
Casablanca Capital
New York
$56.5M
BFA
4
BlackRock Fund Advisors
California
$48M +$12M +1,379,067 +26%
State Street
5
State Street
Massachusetts
$43.9M +$8.08M +929,328 +18%
BIT
6
BlackRock Institutional Trust
California
$29.8M +$342K +39,302 +0.9%
Bank of America
7
Bank of America
North Carolina
$29.8M -$4.9M -563,046 -12%
Susquehanna International Group
8
Susquehanna International Group
Pennsylvania
$29.6M +$17M +1,955,832 +89%
D.E. Shaw & Co
9
D.E. Shaw & Co
New York
$29M +$23.9M +2,746,448 +210%
LCS
10
Levin Capital Strategies
New York
$23.1M -$7.54M -867,234 -21%
Morgan Stanley
11
Morgan Stanley
New York
$21.4M +$19M +2,178,752 +268%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$20.4M +$10.4M +1,194,401 +72%
AAM
13
Advisors Asset Management
Colorado
$17.9M +$8.49M +975,955 +64%
SOMRS
14
State of Michigan Retirement System
Michigan
$16.6M +$3.5M +402,200 +21%
Norges Bank
15
Norges Bank
Norway
$13.4M -$903K -103,842 -5%
Goldman Sachs
16
Goldman Sachs
New York
$13.4M -$5.64M -648,261 -26%
TCIM
17
TIAA CREF Investment Management
New York
$12.2M -$8.44M -970,570 -36%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$10.3M -$7.32M -841,448 -37%
KG
19
Killen Group
Pennsylvania
$9.63M -$6.19M -712,000 -35%
Northern Trust
20
Northern Trust
Illinois
$9.04M -$116K -13,378 -1%
RFC
21
Russell Frank Company
Washington
$8.97M -$227K -26,096 -2%
California Public Employees Retirement System
22
California Public Employees Retirement System
California
$8.37M +$3.89M +447,626 +57%
DCCA
23
D.C. Capital Advisors
New York
$7.14M +$4.35M +500,000 +100%
First Trust Advisors
24
First Trust Advisors
Illinois
$6.45M -$8.41M -966,877 -52%
Barclays
25
Barclays
United Kingdom
$6M -$3.32M -381,815 -31%

CLF Hedge Fund Activity: Q4 2014 in Review

269 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q4 2014, worth a combined $822M — down 33% from $1.23B a quarter earlier.

Sellers outnumbered buyers: 79 funds closed out of CLF and 50 opened new positions — a net loss of 29 holders — while 102 trimmed existing stakes and 82 added.

The largest buyer was D.E. Shaw & Co, adding an estimated $23.9M. The largest seller was Fidelity Investments, cutting an estimated $9.83M.

  • 269 institutional investors held Cleveland-Cliffs (CLF) as of Q4 2014, down from 301 in Q3 2014.
  • Funds reported $822M of Cleveland-Cliffs stock for Q4 2014, down 33% quarter-over-quarter.
  • 50 funds opened new Cleveland-Cliffs positions in Q4 2014 and 79 closed out, a net change of -29 holders.
  • The largest Cleveland-Cliffs buyer in Q4 2014 was D.E. Shaw & Co, an estimated $23.9M added.
  • The largest Cleveland-Cliffs seller in Q4 2014 was Fidelity Investments, an estimated $9.83M sold.

Based on aggregated 13F filings for Q4 2014.