CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A
CLV was delisted on the 29th of January, 2016.
10 hedge funds and large institutions have $56.8M invested in CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 3 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
17% less funds holding
Funds holding: 12 → 10 (-2)
20% less capital invested
Capital invested by funds: $70.8M → $56.8M (-$14M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KG
Killen Group
Berwyn,
Pennsylvania
|
+$10.6M |
| 2 |
BAM
Banta Asset Management
Newport Beach,
California
|
+$359K |
| 3 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$253K |
| 4 |
HAIM
Hunter Associates Investment Management
Pittsburgh,
Pennsylvania
|
+$179K |
| 5 |
BC
Barnett & Company
Chattanooga,
Tennessee
|
+$53.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$15.9M |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$4.16M |
| 3 |
DDPIC
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
|
-$364K |
| 4 |
NC
NBW Capital
Boston,
Massachusetts
|
-$301K |
| 5 |
SFSIG
San Francisco Sentry Investment Group
San Francisco,
California
|
-$164K |
CLV Hedge Fund Activity: Q1 2014 in Review
10 of the 3,475 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 Q1 2014, worth a combined $56.8M — down 20% from $70.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CLV and 1 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 5 added.
The largest buyer was Killen Group, adding an estimated $10.6M. The largest seller was Invesco, exiting entirely with an estimated $15.9M sold.
- 10 institutional investors held CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A (CLV) as of Q1 2014, down from 12 in Q4 2013.
- Funds reported $56.8M of CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A stock for Q1 2014, down 20% quarter-over-quarter.
- 1 fund opened new CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A positions in Q1 2014 and 3 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 Q1 2014 was Killen Group, an estimated $10.6M added.
- The largest CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A seller in Q1 2014 was Invesco, an estimated $15.9M sold.
Based on aggregated 13F filings for Q1 2014.