Cleveland-Cliffs
355 hedge funds and large institutions have $4.31B invested in Cleveland-Cliffs in 2020 Q4 according to their latest regulatory filings, with 81 funds opening new positions, 90 increasing their positions, 124 reducing their positions, and 35 closing their positions.
144% more capital invested
Capital invested by funds: $1.77B → $4.31B (+$2.54B)
131% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 35
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
23% more call options, than puts
Call options by funds: $397M | Put options by funds: $323M
15% more funds holding
Funds holding: 310 → 355 (+45)
5.44% more ownership
Funds ownership: 68.7% → 74.14% (+5.4%)
27% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 124
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$56.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$47.4M |
| 3 |
KSCM
Key Square Capital Management
Stamford,
Connecticut
|
+$43.3M |
| 4 |
TAA
Turiya Advisors Asia
Hong Kong
|
+$25.8M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
-$28.5M |
| 2 |
State Street
Boston,
Massachusetts
|
-$17.3M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$16.2M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$15M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$13M |
CLF Hedge Fund Activity: Q4 2020 in Review
355 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q4 2020, worth a combined $4.31B — up 144% from $1.77B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new CLF positions and 35 closed out — a net gain of 46 holders — while 90 added to existing stakes and 124 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $56.3M. The largest seller was Encompass Capital Advisors, cutting an estimated $28.5M.
- 355 institutional investors held Cleveland-Cliffs (CLF) as of Q4 2020, up from 310 in Q3 2020.
- Funds reported $4.31B of Cleveland-Cliffs stock for Q4 2020, up 144% quarter-over-quarter.
- 81 funds opened new Cleveland-Cliffs positions in Q4 2020 and 35 closed out, a net change of +46 holders.
- The largest Cleveland-Cliffs buyer in Q4 2020 was Goldman Sachs, an estimated $56.3M added.
- The largest Cleveland-Cliffs seller in Q4 2020 was Encompass Capital Advisors, an estimated $28.5M sold.
Based on aggregated 13F filings for Q4 2020.