CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A
CLV was delisted on the 29th of January, 2016.
7 hedge funds and large institutions have $44.3M invested in CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A in 2014 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 3 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
22% less capital invested
Capital invested by funds: $56.8M → $44.3M (-$12.5M)
30% less funds holding
Funds holding: 10 → 7 (-3)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KG
Killen Group
Berwyn,
Pennsylvania
|
+$7.75M |
| 2 |
BAM
Banta Asset Management
Newport Beach,
California
|
+$76K |
| 3 |
HAIM
Hunter Associates Investment Management
Pittsburgh,
Pennsylvania
|
+$31.6K |
| 4 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$22K |
| 5 |
BC
Barnett & Company
Chattanooga,
Tennessee
|
+$17.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
-$1.51M |
| 2 |
SAM
Shikiar Asset Management
New York
|
-$269K |
| 3 |
DDPIC
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
|
-$228K |
| 4 |
NC
NBW Capital
Boston,
Massachusetts
|
-$35.6K |
CLV Hedge Fund Activity: Q2 2014 in Review
7 of the 3,491 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 Q2 2014, worth a combined $44.3M — down 22% from $56.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CLV and 0 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 5 added.
The largest buyer was Killen Group, adding an estimated $7.75M. The largest seller was Laffer Tengler Investments, exiting entirely with an estimated $1.51M sold.
- 7 institutional investors held CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A (CLV) as of Q2 2014, down from 10 in Q1 2014.
- Funds reported $44.3M of CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A stock for Q2 2014, down 22% quarter-over-quarter.
- 0 funds opened new CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A positions in Q2 2014 and 3 closed out, a net change of -3 holders.
- The largest CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A buyer in Q2 2014 was Killen Group, an estimated $7.75M added.
- The largest CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A seller in Q2 2014 was Laffer Tengler Investments, an estimated $1.51M sold.
Based on aggregated 13F filings for Q2 2014.