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Cleveland-Cliffs

232 hedge funds and large institutions have $418M invested in Cleveland-Cliffs in 2015 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 64 increasing their positions, 84 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

3.13% less ownership

Funds ownership: 66.22%63.09% (-3.1%)

7% less funds holding

Funds holding: 249232 (-17)

15% less capital invested

Capital invested by funds: $489M → $418M (-$71.5M)

24% less repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 84

29% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 55

54% less call options, than puts

Call options by funds: $40.6M | Put options by funds: $88.2M

Holders
232
Holders Change
-17
Holders Change %
-6.83%
% of All Funds
6.25%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
39
Increased
64
Reduced
84
Closed
55
Calls
$40.6M
Puts
$88.2M
Net Calls
-$47.6M
Net Calls Change
+$26.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$38.8M +$60.9K +11,443 +0.1%
CC
2
Casablanca Capital
New York
$34.2M
State Street
3
State Street
Massachusetts
$23.1M -$10.5M -1,974,389 -27%
Susquehanna International Group
4
Susquehanna International Group
Pennsylvania
$20.3M +$6.86M +1,289,512 +38%
WC
5
Walthausen & Co
New York
$19.7M +$1.02M +190,880 +4%
Renaissance Technologies
6
Renaissance Technologies
New York
$16.7M +$11.3M +2,124,100 +123%
BIT
7
BlackRock Institutional Trust
California
$16.6M -$3.27M -615,519 -14%
BFA
8
BlackRock Fund Advisors
California
$15.7M +$1.39M +260,466 +8%
Neuberger Berman Group
9
Neuberger Berman Group
New York
$12.2M +$12.2M +2,289,786 +431%
AAM
10
Advisors Asset Management
Colorado
$11.4M -$2.31M -433,636 -14%
Arrowstreet Capital
11
Arrowstreet Capital
Massachusetts
$10.6M +$13M +2,452,685 New
AQR Capital Management
12
AQR Capital Management
Connecticut
$8.51M +$2.22M +418,006 +27%
HI
13
HBK Investments
Texas
$7.78M +$9.55M +1,795,616 New
JP Morgan Chase
14
JP Morgan Chase
New York
$7.36M +$1.89M +355,099 +26%
Citigroup
15
Citigroup
New York
$7.01M +$347K +65,157 +4%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$6.82M -$3.05M -574,203 -27%
Norges Bank
17
Norges Bank
Norway
$6.68M -$1.75M -329,670 -18%
D.E. Shaw & Co
18
D.E. Shaw & Co
New York
$6.47M -$21.2M -3,992,071 -73%
Deutsche Bank
19
Deutsche Bank
Germany
$6.45M +$4.11M +772,893 +108%
California Public Employees Retirement System
20
California Public Employees Retirement System
California
$6.11M +$965K +181,410 +15%
TCIM
21
TIAA CREF Investment Management
New York
$5.84M -$1.29M -242,263 -15%
Barclays
22
Barclays
United Kingdom
$5.63M +$1.13M +212,732 +18%
HSBC Holdings
23
HSBC Holdings
United Kingdom
$5.53M +$5.86M +1,101,699 +629%
Bank of America
24
Bank of America
North Carolina
$5.44M +$460K +86,397 +7%
LM
25
Luminus Management
Texas
$5.35M +$6.57M +1,235,190 New

CLF Hedge Fund Activity: Q2 2015 in Review

232 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q2 2015, worth a combined $418M — down 15% from $489M a quarter earlier.

Sellers outnumbered buyers: 55 funds closed out of CLF and 39 opened new positions — a net loss of 16 holders — while 84 trimmed existing stakes and 64 added.

The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $13M. The largest seller was D.E. Shaw & Co, cutting an estimated $21.2M.

  • 232 institutional investors held Cleveland-Cliffs (CLF) as of Q2 2015, down from 249 in Q1 2015.
  • Funds reported $418M of Cleveland-Cliffs stock for Q2 2015, down 15% quarter-over-quarter.
  • 39 funds opened new Cleveland-Cliffs positions in Q2 2015 and 55 closed out, a net change of -16 holders.
  • The largest Cleveland-Cliffs buyer in Q2 2015 was Arrowstreet Capital, an estimated $13M added.
  • The largest Cleveland-Cliffs seller in Q2 2015 was D.E. Shaw & Co, an estimated $21.2M sold.

Based on aggregated 13F filings for Q2 2015.