Cleveland-Cliffs
265 hedge funds and large institutions have $1.3B invested in Cleveland-Cliffs in 2017 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 84 increasing their positions, 88 reducing their positions, and 34 closing their positions.
71% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 34
10% more funds holding
Funds holding: 242 → 265 (+23)
7% more capital invested
Capital invested by funds: $1.21B → $1.3B (+$89.7M)
3.74% more ownership
Funds ownership: 57.15% → 60.89% (+3.7%)
5% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 88
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
60% less call options, than puts
Call options by funds: $53.1M | Put options by funds: $132M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$48.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$30.7M |
| 3 |
State Street
Boston,
Massachusetts
|
+$9.94M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.77M |
| 5 |
KHCM
Kettle Hill Capital Management
New York
|
+$8.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$22.4M |
| 2 |
Goldman Sachs
New York
|
-$10.2M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$10M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$9.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$9M |
CLF Hedge Fund Activity: Q4 2017 in Review
265 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q4 2017, worth a combined $1.3B — up 7.4% from $1.21B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new CLF positions and 34 closed out — a net gain of 24 holders — while 84 added to existing stakes and 88 trimmed.
The largest buyer was Balyasny Asset Management, adding an estimated $48.7M. The largest seller was Citadel Advisors, cutting an estimated $22.4M.
- 265 institutional investors held Cleveland-Cliffs (CLF) as of Q4 2017, up from 242 in Q3 2017.
- Funds reported $1.3B of Cleveland-Cliffs stock for Q4 2017, up 7.4% quarter-over-quarter.
- 58 funds opened new Cleveland-Cliffs positions in Q4 2017 and 34 closed out, a net change of +24 holders.
- The largest Cleveland-Cliffs buyer in Q4 2017 was Balyasny Asset Management, an estimated $48.7M added.
- The largest Cleveland-Cliffs seller in Q4 2017 was Citadel Advisors, an estimated $22.4M sold.
Based on aggregated 13F filings for Q4 2017.