CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A
CLV was delisted on the 29th of January, 2016.
4 hedge funds and large institutions have $3.46M invested in CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A in 2015 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 2 closing their positions.
20% less funds holding
Funds holding: 5 → 4 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
80% less capital invested
Capital invested by funds: $17.6M → $3.46M (-$14.1M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KG
1
Killen Group
Berwyn,
Pennsylvania
| $3.35M | -$7.7M | -2,454,852 | -64% |
|
|
BC
2
Barnett & Company
Chattanooga,
Tennessee
| $102K | -$28.2K | -9,000 | -17% |
|
3
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $16K | -$7.01K | -2,236 | -25% |
|
|
SIM
4
Sonora Investment Management
Tucson,
Arizona
| $1K | +$941 | +300 | New |
|
|
HI
5
Horizon Investments
Charlotte,
North Carolina
| – | -$112K | -25,230 | Closed |
|
|
NC
6
NBW Capital
Boston,
Massachusetts
| – | -$55K | -12,381 | Closed |
|
CLV Hedge Fund Activity: Q3 2015 in Review
4 of the 3,582 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 2015, worth a combined $3.46M — down 80% from $17.6M 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 0 added.
The largest seller was Killen Group, cutting an estimated $7.7M.
- 4 institutional investors held CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A (CLV) as of Q3 2015, down from 5 in Q2 2015.
- Funds reported $3.46M of CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A stock for Q3 2015, down 80% quarter-over-quarter.
- 1 fund opened new CLIFFS NAT RES INC. DEPO SHS REPSTG 1/40TH PFD CONV SER A positions in Q3 2015 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 seller in Q3 2015 was Killen Group, an estimated $7.7M sold.
Based on aggregated 13F filings for Q3 2015.