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Cleveland-Cliffs

303 hedge funds and large institutions have $2.24B invested in Cleveland-Cliffs in 2019 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 95 increasing their positions, 106 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 36

35% more capital invested

Capital invested by funds: $1.66B → $2.24B (+$577M)

9% more funds holding

Funds holding: 278303 (+25)

4.69% more ownership

Funds ownership: 72.35%77.04% (+4.7%)

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

10% less repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 106

45% less call options, than puts

Call options by funds: $96.4M | Put options by funds: $177M

Holders
303
Holders Change
+25
Holders Change %
+8.99%
% of All Funds
6.56%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.15%
New
64
Increased
95
Reduced
106
Closed
36
Calls
$96.4M
Puts
$177M
Net Calls
-$80.3M
Net Calls Change
-$53.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$271M -$62.8M -6,279,669 -19%
BlackRock
2
BlackRock
New York
$201M -$8.17M -816,428 -4%
RL
3
Ruffer LLP
United Kingdom
$175M -$22M -2,203,465 -11%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$160M +$439K +43,854 +0.3%
Fisher Asset Management
5
Fisher Asset Management
Washington
$123M +$14.1M +1,406,769 +13%
CCM
6
Contrarian Capital Management
Connecticut
$108M +$25.5M +2,552,628 +31%
State Street
7
State Street
Massachusetts
$80.5M -$3.63M -362,628 -4%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$71.9M +$6.76M +675,626 +10%
Citadel Advisors
9
Citadel Advisors
Florida
$64.6M +$29.7M +2,972,492 +85%
Northern Trust
10
Northern Trust
Illinois
$53M -$612K -61,137 -1%
Goldman Sachs
11
Goldman Sachs
New York
$47.1M +$16.7M +1,673,117 +55%
Capital World Investors
12
Capital World Investors
California
$39M +$39M +3,900,000 New
Geode Capital Management
13
Geode Capital Management
Massachusetts
$33.6M +$2.1M +210,159 +7%
ABC
14
Anchor Bolt Capital
Illinois
$29.4M +$29.4M +2,940,149 New
Norges Bank
15
Norges Bank
Norway
$29.2M +$1.87M +186,497 +7%
AL
16
AJO LP
Pennsylvania
$28.3M +$28.4M +2,834,912 New
Charles Schwab
17
Charles Schwab
California
$27M -$1.79M -178,916 -6%
PC
18
Pelham Capital
United Kingdom
$26.9M
Neuberger Berman Group
19
Neuberger Berman Group
New York
$26M +$285K +28,507 +1%
Millennium Management
20
Millennium Management
New York
$26M +$25.8M +2,577,297 +11,325%
Bank of America
21
Bank of America
North Carolina
$24.6M +$13.4M +1,340,667 +120%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$19.1M -$213K -21,257 -1%
BA
23
Bridgewater Associates
Connecticut
$18.8M -$12.6M -1,255,958 -40%
Deutsche Bank
24
Deutsche Bank
Germany
$18.1M +$1.11M +110,924 +7%
HCM
25
Hodges Capital Management
Texas
$18M -$12.1M -1,205,005 -40%

CLF Hedge Fund Activity: Q1 2019 in Review

303 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q1 2019, worth a combined $2.24B — up 35% from $1.66B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new CLF positions and 36 closed out — a net gain of 28 holders — while 95 added to existing stakes and 106 trimmed.

The largest buyer was Capital World Investors, opening a new position worth an estimated $39M. The largest seller was Vanguard Group, cutting an estimated $62.8M.

  • 303 institutional investors held Cleveland-Cliffs (CLF) as of Q1 2019, up from 278 in Q4 2018.
  • Funds reported $2.24B of Cleveland-Cliffs stock for Q1 2019, up 35% quarter-over-quarter.
  • 64 funds opened new Cleveland-Cliffs positions in Q1 2019 and 36 closed out, a net change of +28 holders.
  • The largest Cleveland-Cliffs buyer in Q1 2019 was Capital World Investors, an estimated $39M added.
  • The largest Cleveland-Cliffs seller in Q1 2019 was Vanguard Group, an estimated $62.8M sold.

Based on aggregated 13F filings for Q1 2019.