Cleveland-Cliffs
397 hedge funds and large institutions have $6.58B invested in Cleveland-Cliffs in 2021 Q1 according to their latest regulatory filings, with 98 funds opening new positions, 139 increasing their positions, 111 reducing their positions, and 53 closing their positions.
86% more funds holding in top 10
Funds holding in top 10: 7 → 13 (+6)
85% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 53
53% more capital invested
Capital invested by funds: $4.31B → $6.58B (+$2.27B)
39% more call options, than puts
Call options by funds: $624M | Put options by funds: $448M
25% more repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 111
12% more funds holding
Funds holding: 355 → 397 (+42)
8.5% less ownership
Funds ownership: 74.14% → 65.64% (-8.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$160M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$101M |
| 3 |
State Street
Boston,
Massachusetts
|
+$53.3M |
| 4 |
TAA
Turiya Advisors Asia
Hong Kong
|
+$45.2M |
| 5 |
GJL
Gendell Jeffrey L
|
+$44.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$103M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$92.7M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
-$66.7M |
| 4 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$30.8M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$27.5M |
CLF Hedge Fund Activity: Q1 2021 in Review
397 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q1 2021, worth a combined $6.58B — up 53% from $4.31B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new CLF positions and 53 closed out — a net gain of 45 holders — while 139 added to existing stakes and 111 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $160M. The largest seller was BlackRock, cutting an estimated $103M.
- 397 institutional investors held Cleveland-Cliffs (CLF) as of Q1 2021, up from 355 in Q4 2020.
- Funds reported $6.58B of Cleveland-Cliffs stock for Q1 2021, up 53% quarter-over-quarter.
- 98 funds opened new Cleveland-Cliffs positions in Q1 2021 and 53 closed out, a net change of +45 holders.
- The largest Cleveland-Cliffs buyer in Q1 2021 was Fidelity Investments, an estimated $160M added.
- The largest Cleveland-Cliffs seller in Q1 2021 was BlackRock, an estimated $103M sold.
Based on aggregated 13F filings for Q1 2021.