CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A
CLV was delisted on the 29th of January, 2016.
6 hedge funds and large institutions have $23M invested in CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A in 2014 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 2 closing their positions.
14% less funds holding
Funds holding: 7 → 6 (-1)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
43% less capital invested
Capital invested by funds: $40.4M → $23M (-$17.4M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
KG
Killen Group
Berwyn,
Pennsylvania
|
+$378K |
| 2 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$32.4K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$4.5K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KG
1
Killen Group
Berwyn,
Pennsylvania
| $22.2M | +$378K | +44,092 | +1% |
|
|
BC
2
Barnett & Company
Chattanooga,
Tennessee
| $587K | -$405K | -47,330 | -35% |
|
|
HI
3
Horizon Investments
Charlotte,
North Carolina
| $131K | +$32.4K | +3,784 | +24% |
|
|
NC
4
NBW Capital
Boston,
Massachusetts
| $84K | -$856 | -100 | -0.8% |
|
|
MCM
5
McGlinn Capital Management
Wyomissing,
Pennsylvania
| $13K | -$38.5K | -4,500 | -69% |
|
|
6
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $4K | +$4.5K | +525 | New |
|
|
BAM
7
Banta Asset Management
Newport Beach,
California
| – | -$1.6M | -110,795 | Closed |
|
|
HAIM
8
Hunter Associates Investment Management
Pittsburgh,
Pennsylvania
| – | -$278K | -24,800 | Closed |
|
CLV Hedge Fund Activity: Q4 2014 in Review
6 of the 3,749 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 Q4 2014, worth a combined $23M — down 43% from $40.4M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of CLV and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 2 added.
The largest buyer was Killen Group, adding an estimated $378K. The largest seller was Banta Asset Management, exiting entirely with an estimated $1.6M sold.
- 6 institutional investors held CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A (CLV) as of Q4 2014, down from 7 in Q3 2014.
- Funds reported $23M of CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A stock for Q4 2014, down 43% quarter-over-quarter.
- 1 fund opened new CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A positions in Q4 2014 and 2 closed out, a net change of -1 holder.
- The largest CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A buyer in Q4 2014 was Killen Group, an estimated $378K added.
- The largest CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A seller in Q4 2014 was Banta Asset Management, an estimated $1.6M sold.
Based on aggregated 13F filings for Q4 2014.