Clearwater Paper
CLW
144 hedge funds and large institutions have $276M invested in Clearwater Paper in 2025 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 46 increasing their positions, 56 reducing their positions, and 33 closing their positions.
64% more call options, than puts
Call options by funds: $3.48M | Put options by funds: $2.13M
2.43% less ownership
Funds ownership: 84.86% → 82.43% (-2.4%)
9% less funds holding
Funds holding: 158 → 144 (-14)
18% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 56
27% less capital invested
Capital invested by funds: $376M → $276M (-$100M)
39% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 33
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.34M |
| 2 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$3.63M |
| 3 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$2.96M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$2.64M |
| 5 |
PLC
Peapod Lane Capital
Bedford Hills,
New York
|
+$2.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACMC
Anchor Capital Management Company
Raleigh,
North Carolina
|
-$7.76M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$5.87M |
| 3 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$2.9M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$2.87M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.8M |
CLW Hedge Fund Activity: Q3 2025 in Review
144 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Clearwater Paper (CLW) for Q3 2025, worth a combined $276M — down 27% from $376M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of CLW and 20 opened new positions — a net loss of 13 holders — while 56 trimmed existing stakes and 46 added.
The largest buyer was UBS Group, adding an estimated $4.34M. The largest seller was Anchor Capital Management Company, exiting entirely with an estimated $7.76M sold.
- 144 institutional investors held Clearwater Paper (CLW) as of Q3 2025, down from 158 in Q2 2025.
- Funds reported $276M of Clearwater Paper stock for Q3 2025, down 27% quarter-over-quarter.
- 20 funds opened new Clearwater Paper positions in Q3 2025 and 33 closed out, a net change of -13 holders.
- The largest Clearwater Paper buyer in Q3 2025 was UBS Group, an estimated $4.34M added.
- The largest Clearwater Paper seller in Q3 2025 was Anchor Capital Management Company, an estimated $7.76M sold.
Based on aggregated 13F filings for Q3 2025.