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Cleveland-Cliffs

273 hedge funds and large institutions have $1.61B invested in Cleveland-Cliffs in 2017 Q1 according to their latest regulatory filings, with 78 funds opening new positions, 119 increasing their positions, 51 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more funds holding in top 10

Funds holding in top 10: 15 (+4)

311% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 19

133% more repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 51

49% more capital invested

Capital invested by funds: $1.08B → $1.61B (+$532M)

24% more funds holding

Funds holding: 220273 (+53)

10.58% more ownership

Funds ownership: 55.56%66.14% (+11%)

32% less call options, than puts

Call options by funds: $96.1M | Put options by funds: $142M

Holders
273
Holders Change
+53
Holders Change %
+24.09%
% of All Funds
6.8%
Holding in Top 10
5
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+400%
% of All Funds
0.12%
New
78
Increased
119
Reduced
51
Closed
19
Calls
$96.1M
Puts
$142M
Net Calls
-$45.7M
Net Calls Change
-$49.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$211M +$84.7M +8,918,169 +53%
BlackRock
2
BlackRock
New York
$152M +$176M +18,477,059 +23,956%
State Street
3
State Street
Massachusetts
$82.7M +$19.6M +2,059,034 +26%
Lord, Abbett & Co
4
Lord, Abbett & Co
New Jersey
$62.6M +$39.8M +4,191,251 +122%
JIM
5
Jupiter Investment Management
United Kingdom
$45.1M +$52.2M +5,496,432 New
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$43M +$24.1M +2,535,927 +94%
D.E. Shaw & Co
7
D.E. Shaw & Co
New York
$36.9M -$18.6M -1,955,820 -30%
Millennium Management
8
Millennium Management
New York
$36.5M +$29.9M +3,151,710 +245%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$35.8M +$35.3M +3,718,310 +574%
Northern Trust
10
Northern Trust
Illinois
$35M +$15.9M +1,678,563 +65%
Goldman Sachs
11
Goldman Sachs
New York
$34.5M +$18.5M +1,944,200 +86%
BA
12
Bridgewater Associates
Connecticut
$31.6M +$36.6M +3,848,295 New
Neuberger Berman Group
13
Neuberger Berman Group
New York
$29.3M +$243K +25,589 +0.7%
MCL
14
MIK Capital LLC
New York
$29.2M +$33.8M +3,552,538 New
Charles Schwab
15
Charles Schwab
California
$28.9M +$5.23M +550,633 +19%
HI
16
HBK Investments
Texas
$27.1M +$12.4M +1,304,849 +65%
RCIM
17
Russell Clark Investment Management
United Kingdom
$26M +$30M +3,161,900 New
Citadel Advisors
18
Citadel Advisors
Florida
$25.8M +$2.29M +241,522 +8%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$25.7M +$6.86M +721,544 +30%
AQR Capital Management
20
AQR Capital Management
Connecticut
$25M +$12.5M +1,319,624 +77%
Morgan Stanley
21
Morgan Stanley
New York
$21M +$8.25M +868,358 +52%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$19.6M +$3.44M +362,079 +18%
Susquehanna International Group
23
Susquehanna International Group
Pennsylvania
$19.2M +$5.01M +526,861 +29%
LM
24
Luminus Management
Texas
$15.9M +$7.6M +800,484 +71%
GFA
25
Gallagher Fiduciary Advisors
Illinois
$15.1M -$293K -30,866 -2%

CLF Hedge Fund Activity: Q1 2017 in Review

273 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q1 2017, worth a combined $1.61B — up 49% from $1.08B a quarter earlier.

Buyers outnumbered sellers: 78 funds opened new CLF positions and 19 closed out — a net gain of 59 holders — while 119 added to existing stakes and 51 trimmed.

The largest buyer was BlackRock, adding an estimated $176M. The largest seller was Renaissance Technologies, cutting an estimated $74M.

  • 273 institutional investors held Cleveland-Cliffs (CLF) as of Q1 2017, up from 220 in Q4 2016.
  • Funds reported $1.61B of Cleveland-Cliffs stock for Q1 2017, up 49% quarter-over-quarter.
  • 78 funds opened new Cleveland-Cliffs positions in Q1 2017 and 19 closed out, a net change of +59 holders.
  • The largest Cleveland-Cliffs buyer in Q1 2017 was BlackRock, an estimated $176M added.
  • The largest Cleveland-Cliffs seller in Q1 2017 was Renaissance Technologies, an estimated $74M sold.

Based on aggregated 13F filings for Q1 2017.