CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A
CLV was delisted on the 29th of January, 2016.
9 hedge funds and large institutions have $55.4M invested in CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 4 closing their positions.
316% more capital invested
Capital invested by funds: $13.3M → $55.4M (+$42.1M)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
18% less funds holding
Funds holding: 11 → 9 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KG
Killen Group
Berwyn,
Pennsylvania
|
+$35.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$5.04M |
| 3 |
HAIM
Hunter Associates Investment Management
Pittsburgh,
Pennsylvania
|
+$270K |
| 4 |
BC
Barnett & Company
Chattanooga,
Tennessee
|
+$217K |
| 5 |
BAM
Banta Asset Management
Newport Beach,
California
|
+$18.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
-$1.43M |
| 2 |
WSCM
Wellington Shields Capital Management
New York
|
-$339K |
| 3 |
SFSIG
San Francisco Sentry Investment Group
San Francisco,
California
|
-$111K |
| 4 |
MCM
McGlinn Capital Management
Wyomissing,
Pennsylvania
|
-$49.3K |
| 5 |
SAM
Shikiar Asset Management
New York
|
-$49.3K |
CLV Hedge Fund Activity: Q3 2013 in Review
9 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A (CLV) for Q3 2013, worth a combined $55.4M — up 316% from $13.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CLV and 2 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Killen Group, opening a new position worth an estimated $35.6M. The largest seller was Laffer Tengler Investments, exiting entirely with an estimated $1.43M sold.
- 9 institutional investors held CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A (CLV) as of Q3 2013, down from 11 in Q2 2013.
- Funds reported $55.4M of CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A stock for Q3 2013, up 316% quarter-over-quarter.
- 2 funds opened new CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A positions in Q3 2013 and 4 closed out, a net change of -2 holders.
- The largest CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A buyer in Q3 2013 was Killen Group, an estimated $35.6M added.
- The largest CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A seller in Q3 2013 was Laffer Tengler Investments, an estimated $1.43M sold.
Based on aggregated 13F filings for Q3 2013.