Cleveland-Cliffs
617 hedge funds and large institutions have $5.4B invested in Cleveland-Cliffs in 2022 Q4 according to their latest regulatory filings, with 108 funds opening new positions, 195 increasing their positions, 218 reducing their positions, and 75 closing their positions.
44% more funds holding in top 10
Funds holding in top 10: 9 → 13 (+4)
44% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 75
16% more capital invested
Capital invested by funds: $4.67B → $5.4B (+$730M)
4% more funds holding
Funds holding: 595 → 617 (+22)
0.66% less ownership
Funds ownership: 65.64% → 64.98% (-0.66%)
11% less repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 218
17% less call options, than puts
Call options by funds: $419M | Put options by funds: $508M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$67.7M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
+$42.6M |
| 3 |
State Street
Boston,
Massachusetts
|
+$39.1M |
| 4 |
TC
Towle & Co
Denver,
Colorado
|
+$26.7M |
| 5 |
Millennium Management
New York
|
+$24.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$46.5M |
| 2 |
Renaissance Technologies
New York
|
-$36.8M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$35.4M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
-$28.7M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$21.6M |
CLF Hedge Fund Activity: Q4 2022 in Review
617 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q4 2022, worth a combined $5.4B — up 16% from $4.67B a quarter earlier.
Buyers outnumbered sellers: 108 funds opened new CLF positions and 75 closed out — a net gain of 33 holders — while 195 added to existing stakes and 218 trimmed.
The largest buyer was Vanguard Group, adding an estimated $67.7M. The largest seller was Invesco, cutting an estimated $46.5M.
- 617 institutional investors held Cleveland-Cliffs (CLF) as of Q4 2022, up from 595 in Q3 2022.
- Funds reported $5.4B of Cleveland-Cliffs stock for Q4 2022, up 16% quarter-over-quarter.
- 108 funds opened new Cleveland-Cliffs positions in Q4 2022 and 75 closed out, a net change of +33 holders.
- The largest Cleveland-Cliffs buyer in Q4 2022 was Vanguard Group, an estimated $67.7M added.
- The largest Cleveland-Cliffs seller in Q4 2022 was Invesco, an estimated $46.5M sold.
Based on aggregated 13F filings for Q4 2022.