Cleveland-Cliffs
558 hedge funds and large institutions have $2.89B invested in Cleveland-Cliffs in 2025 Q2 according to their latest regulatory filings, with 83 funds opening new positions, 194 increasing their positions, 183 reducing their positions, and 89 closing their positions.
55% more call options, than puts
Call options by funds: $271M | Put options by funds: $175M
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
3.18% more ownership
Funds ownership: 73.62% → 76.79% (+3.2%)
6% more repeat investments, than reductions
Existing positions increased: 194 | Existing positions reduced: 183
4% less capital invested
Capital invested by funds: $2.99B → $2.89B (-$105M)
7% less first-time investments, than exits
New positions opened: 83 | Existing positions closed: 89
1% less funds holding
Funds holding: 566 → 558 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
+$62.3M |
| 2 |
Citigroup
New York
|
+$41.5M |
| 3 |
TAA
Turiya Advisors Asia
Hong Kong
|
+$38.5M |
| 4 |
State Street
Boston,
Massachusetts
|
+$34.2M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$31.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Slate Path Capital
New York
|
-$46.4M |
| 2 |
Bank of New York Mellon
New York
|
-$30.6M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$29.1M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$22.1M |
| 5 |
SIG
Stonegate Investment Group
Birmingham,
Alabama
|
-$21.2M |
CLF Hedge Fund Activity: Q2 2025 in Review
558 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Cleveland-Cliffs (CLF) for Q2 2025, worth a combined $2.89B — down 3.5% from $2.99B a quarter earlier.
Sellers outnumbered buyers: 89 funds closed out of CLF and 83 opened new positions — a net loss of 6 holders — while 183 trimmed existing stakes and 194 added.
The largest buyer was Maple Rock Capital Partners, opening a new position worth an estimated $62.3M. The largest seller was Slate Path Capital, cutting an estimated $46.4M.
- 558 institutional investors held Cleveland-Cliffs (CLF) as of Q2 2025, down from 566 in Q1 2025.
- Funds reported $2.89B of Cleveland-Cliffs stock for Q2 2025, down 3.5% quarter-over-quarter.
- 83 funds opened new Cleveland-Cliffs positions in Q2 2025 and 89 closed out, a net change of -6 holders.
- The largest Cleveland-Cliffs buyer in Q2 2025 was Maple Rock Capital Partners, an estimated $62.3M added.
- The largest Cleveland-Cliffs seller in Q2 2025 was Slate Path Capital, an estimated $46.4M sold.
Based on aggregated 13F filings for Q2 2025.