Cleveland-Cliffs
199 hedge funds and large institutions have $209M invested in Cleveland-Cliffs in 2015 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 50 increasing their positions, 82 reducing their positions, and 54 closing their positions.
6.93% less ownership
Funds ownership: 63.09% → 56.15% (-6.9%)
14% less funds holding
Funds holding: 232 → 199 (-33)
39% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 82
43% less call options, than puts
Call options by funds: $33.8M | Put options by funds: $59.3M
50% less capital invested
Capital invested by funds: $418M → $209M (-$209M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
61% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
+$7.57M |
| 2 |
Renaissance Technologies
New York
|
+$3.91M |
| 3 |
TI
Think Investments
San Francisco,
California
|
+$3.51M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$2.52M |
| 5 |
SG Americas Securities
New York
|
+$2.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$10.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$10.5M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$5.88M |
| 4 |
LM
Luminus Management
Houston,
Texas
|
-$5.35M |
| 5 |
Citigroup
New York
|
-$3.55M |
CLF Hedge Fund Activity: Q3 2015 in Review
199 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q3 2015, worth a combined $209M — down 50% from $418M a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of CLF and 21 opened new positions — a net loss of 33 holders — while 82 trimmed existing stakes and 50 added.
The largest buyer was Coatue Management, opening a new position worth an estimated $7.57M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $10.6M sold.
- 199 institutional investors held Cleveland-Cliffs (CLF) as of Q3 2015, down from 232 in Q2 2015.
- Funds reported $209M of Cleveland-Cliffs stock for Q3 2015, down 50% quarter-over-quarter.
- 21 funds opened new Cleveland-Cliffs positions in Q3 2015 and 54 closed out, a net change of -33 holders.
- The largest Cleveland-Cliffs buyer in Q3 2015 was Coatue Management, an estimated $7.57M added.
- The largest Cleveland-Cliffs seller in Q3 2015 was Arrowstreet Capital, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2015.