Clearwater Paper
CLW
159 hedge funds and large institutions have $350M invested in Clearwater Paper in 2025 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 46 increasing their positions, 59 reducing their positions, and 36 closing their positions.
158% more call options, than puts
Call options by funds: $22.8M | Put options by funds: $8.81M
2.28% less ownership
Funds ownership: 87.64% → 85.36% (-2.3%)
7% less funds holding
Funds holding: 171 → 159 (-12)
19% less capital invested
Capital invested by funds: $431M → $350M (-$80.5M)
22% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 59
31% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 36
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$15.5M |
| 2 |
BlackRock
New York
|
+$10.2M |
| 3 |
CP
CenterBook Partners
Greenwich,
Connecticut
|
+$6.62M |
| 4 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$5.86M |
| 5 |
KC
Kryger Capital
London,
United Kingdom
|
+$3.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$9.36M |
| 2 |
Millennium Management
New York
|
-$8.89M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$8.07M |
| 4 |
Pictet Asset Management
Carouge,
Switzerland
|
-$5.77M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.7M |
CLW Hedge Fund Activity: Q1 2025 in Review
159 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Clearwater Paper (CLW) for Q1 2025, worth a combined $350M — down 19% from $431M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of CLW and 25 opened new positions — a net loss of 11 holders — while 59 trimmed existing stakes and 46 added.
The largest buyer was Nuveen, adding an estimated $15.5M. The largest seller was UBS Group, cutting an estimated $9.36M.
- 159 institutional investors held Clearwater Paper (CLW) as of Q1 2025, down from 171 in Q4 2024.
- Funds reported $350M of Clearwater Paper stock for Q1 2025, down 19% quarter-over-quarter.
- 25 funds opened new Clearwater Paper positions in Q1 2025 and 36 closed out, a net change of -11 holders.
- The largest Clearwater Paper buyer in Q1 2025 was Nuveen, an estimated $15.5M added.
- The largest Clearwater Paper seller in Q1 2025 was UBS Group, an estimated $9.36M sold.
Based on aggregated 13F filings for Q1 2025.