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Cleveland-Cliffs

190 hedge funds and large institutions have $128M invested in Cleveland-Cliffs in 2015 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 49 increasing their positions, 69 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5% less funds holding

Funds holding: 199190 (-9)

5.12% less ownership

Funds ownership: 56.15%51.03% (-5.1%)

25% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 32

29% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 69

39% less capital invested

Capital invested by funds: $209M → $128M (-$81.5M)

59% less call options, than puts

Call options by funds: $23.7M | Put options by funds: $58.1M

Holders
190
Holders Change
-9
Holders Change %
-4.52%
% of All Funds
4.98%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
24
Increased
49
Reduced
69
Closed
32
Calls
$23.7M
Puts
$58.1M
Net Calls
-$34.4M
Net Calls Change
-$8.92M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$14.5M +$920K +375,250 +4%
State Street
2
State Street
Massachusetts
$12.8M +$5.5M +2,242,001 +38%
CC
3
Casablanca Capital
New York
$11.4M -$1.66M -675,000 -9%
Renaissance Technologies
4
Renaissance Technologies
New York
$10.8M +$4.3M +1,752,900 +35%
BIT
5
BlackRock Institutional Trust
California
$6.36M +$495K +201,797 +5%
BFA
6
BlackRock Fund Advisors
California
$5.83M +$455K +185,699 +5%
NCA
7
New Century Advisors
Maryland
$4.38M
Coatue Management
8
Coatue Management
New York
$3.75M
Neuberger Berman Group
9
Neuberger Berman Group
New York
$3.69M -$130K -53,142 -2%
California Public Employees Retirement System
10
California Public Employees Retirement System
California
$3.36M +$1.06M +431,700 +25%
Northern Trust
11
Northern Trust
Illinois
$2.83M +$191K +77,935 +5%
Deutsche Bank
12
Deutsche Bank
Germany
$2.54M -$250K -102,099 -6%
TCIM
13
TIAA CREF Investment Management
New York
$2.28M +$447K +182,277 +14%
HI
14
HBK Investments
Texas
$2.14M +$65.9K +26,891 +2%
Charles Schwab
15
Charles Schwab
California
$2M +$683K +278,523 +28%
AAM
16
Advisors Asset Management
Colorado
$1.93M -$1.8M -733,960 -38%
JP Morgan Chase
17
JP Morgan Chase
New York
$1.93M -$1.55M -630,600 -34%
Bank of America
18
Bank of America
North Carolina
$1.93M -$1.02M -416,204 -25%
D.E. Shaw & Co
19
D.E. Shaw & Co
New York
$1.81M -$679K -276,912 -19%
ZDA
20
Zweig-DiMenna Associates
New York
$1.61M +$1.24M +505,696 +99%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$1.42M -$27.2K -11,104 -1%
LM
22
Luminus Management
Texas
$1.33M +$2.06M +839,474 New
Legal & General Group
23
Legal & General Group
United Kingdom
$1.21M +$618K +251,879 +49%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$1.11M -$1.83M -744,626 -51%
Invesco
25
Invesco
Georgia
$1.03M -$94.4K -38,518 -6%

CLF Hedge Fund Activity: Q4 2015 in Review

190 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q4 2015, worth a combined $128M — down 39% from $209M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of CLF and 24 opened new positions — a net loss of 8 holders — while 69 trimmed existing stakes and 49 added.

The largest buyer was State Street, adding an estimated $5.5M. The largest seller was Walthausen & Co, exiting entirely with an estimated $10.2M sold.

  • 190 institutional investors held Cleveland-Cliffs (CLF) as of Q4 2015, down from 199 in Q3 2015.
  • Funds reported $128M of Cleveland-Cliffs stock for Q4 2015, down 39% quarter-over-quarter.
  • 24 funds opened new Cleveland-Cliffs positions in Q4 2015 and 32 closed out, a net change of -8 holders.
  • The largest Cleveland-Cliffs buyer in Q4 2015 was State Street, an estimated $5.5M added.
  • The largest Cleveland-Cliffs seller in Q4 2015 was Walthausen & Co, an estimated $10.2M sold.

Based on aggregated 13F filings for Q4 2015.