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Cleveland-Cliffs

182 hedge funds and large institutions have $269M invested in Cleveland-Cliffs in 2016 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 70 increasing their positions, 47 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

110% more capital invested

Capital invested by funds: $128M → $269M (+$141M)

49% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 47

21% more call options, than puts

Call options by funds: $42.4M | Put options by funds: $34.9M

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.78% less ownership

Funds ownership: 51.03%50.25% (-0.78%)

4% less funds holding

Funds holding: 190182 (-8)

13% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 39

Holders
182
Holders Change
-8
Holders Change %
-4.21%
% of All Funds
4.85%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
34
Increased
70
Reduced
47
Closed
39
Calls
$42.4M
Puts
$34.9M
Net Calls
+$7.46M
Net Calls Change
+$41.9M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
1
State Street
Massachusetts
$34.8M +$7.36M +3,514,416 +44%
Vanguard Group
2
Vanguard Group
Pennsylvania
$33.9M +$4.38M +2,092,534 +23%
Renaissance Technologies
3
Renaissance Technologies
New York
$31.3M +$7.55M +3,605,299 +53%
AC
4
Aristeia Capital
Connecticut
$14.1M +$9.84M +4,695,000 New
BIT
5
BlackRock Institutional Trust
California
$12.9M +$540K +257,544 +6%
BFA
6
BlackRock Fund Advisors
California
$12.6M +$1.05M +502,540 +14%
California Public Employees Retirement System
7
California Public Employees Retirement System
California
$7.88M +$1.04M +498,300 +23%
Neuberger Berman Group
8
Neuberger Berman Group
New York
$7.79M +$547K +260,891 +11%
Coatue Management
9
Coatue Management
New York
$7.12M
Susquehanna International Group
10
Susquehanna International Group
Pennsylvania
$7.11M +$3.63M +1,731,585 +271%
GFA
11
Gallagher Fiduciary Advisors
Illinois
$5.88M +$4.1M +1,958,619 New
Northern Trust
12
Northern Trust
Illinois
$5.64M +$227K +108,476 +6%
Goldman Sachs
13
Goldman Sachs
New York
$5.42M +$2.69M +1,281,786 +244%
TCIM
14
TIAA CREF Investment Management
New York
$4.79M +$321K +153,382 +11%
Charles Schwab
15
Charles Schwab
California
$4.42M +$439K +209,582 +17%
EVM
16
Eaton Vance Management
Massachusetts
$4.23M +$2.37M +1,130,598 +407%
D.E. Shaw & Co
17
D.E. Shaw & Co
New York
$4.17M +$510K +243,446 +21%
Creative Planning
18
Creative Planning
Kansas
$3.89M +$1.66M +791,217 +157%
JP Morgan Chase
19
JP Morgan Chase
New York
$3.63M -$24.7K -11,803 -1%
Citigroup
20
Citigroup
New York
$3.08M +$829K +395,944 +63%
HI
21
HBK Investments
Texas
$3M -$740K -353,233 -26%
Millennium Management
22
Millennium Management
New York
$2.87M +$1.43M +682,289 +250%
Bank of America
23
Bank of America
North Carolina
$2.67M -$699K -333,777 -27%
Loomis, Sayles & Company
24
Loomis, Sayles & Company
Massachusetts
$2.5M +$1.75M +833,240 New
Bank of New York Mellon
25
Bank of New York Mellon
New York
$2.28M +$122K +58,410 +8%

CLF Hedge Fund Activity: Q1 2016 in Review

182 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q1 2016, worth a combined $269M — up 110% from $128M a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of CLF and 34 opened new positions — a net loss of 5 holders — while 47 trimmed existing stakes and 70 added.

The largest buyer was Aristeia Capital, opening a new position worth an estimated $9.84M. The largest seller was Deutsche Bank, cutting an estimated $3M.

  • 182 institutional investors held Cleveland-Cliffs (CLF) as of Q1 2016, down from 190 in Q4 2015.
  • Funds reported $269M of Cleveland-Cliffs stock for Q1 2016, up 110% quarter-over-quarter.
  • 34 funds opened new Cleveland-Cliffs positions in Q1 2016 and 39 closed out, a net change of -5 holders.
  • The largest Cleveland-Cliffs buyer in Q1 2016 was Aristeia Capital, an estimated $9.84M added.
  • The largest Cleveland-Cliffs seller in Q1 2016 was Deutsche Bank, an estimated $3M sold.

Based on aggregated 13F filings for Q1 2016.