Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cleveland-Cliffs Inc New (CLF)

571 + Investors. Track Smart Money conviction in CLF. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +13
Streak
1Q ▲
Buyers last Q
51%

Smart Money Signals — CLF

Based on 583 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added CLF than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (95% of max)

95% of all-time peak
583 hedge funds hold CLF right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding CLF is almost the same as a year ago (+15 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 51% buying

298 buying288 selling
Last quarter: 298 funds bought or added vs 288 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+9 vs last Q)

new funds entering per quarter
Funds opening a new CLF position: 76 → 90 → 92 → 101. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

66% of holders stayed for 2+ years

■ 66% conviction (2yr+) ■ 17% medium ■ 18% new
383 out of 583 hedge funds have held CLF for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +28% but shares only +4% — price-driven

Value
+27%
Shares
+3%
Last quarter: the total dollar value of institutional holdings rose +28%, but actual share count only changed +4%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

85 → 76 → 90 → 92 → 101 new funds/Q
New funds entering each quarter: 76 → 90 → 92 → 101. A growing number of institutions are discovering CLF each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 73% veterans vs 18% newcomers

■ 73% veterans ■ 10% 1-2yr ■ 18% new
Entry-cohort mix of 639 holders: 466 (73%) are 2+ year veterans, 61 entered 1–2 years ago, and 112 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds
56 of 576 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in CLF. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CLF

In 2026 Q2, 298 hedge funds were net buyers of CLF (101 opened a new position, 197 added to an existing one), while 288 reduced or exited (200 trimmed, 88 sold completely) — a 51% buyer ratio, indicating a slight buying edge. 58% of total institutional value in CLF is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +13 funds (more new holders than closures). Total institutional holders: 583.

Hedge Fund Ownership: CLF

How many hedge funds hold CLF — quarterly history vs. share price
Quarterly hedge fund ownership of CLF vs. share price

Market Analysis: CLF

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CLF

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

26 top-rated funds 4 high-conviction
Consensus
6.2
/ 10
breadth
×
Elite
4.6
/ 10
conviction
Hedge Fund Positioning: CLF
571 + Investors

Track Smart Money conviction in CLF. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 571 570 0.18%
13F Shares 522M 510M 2.33%
Total Value $4.77B $4.25B 12.07%
New Positions 100 92 +8
Increased Positions 185 190 -5
Closed Positions 92 94 -2
Reduced Positions 181 175 +6
Total Calls 37 29 27.59%
Total Puts 24 24 -
PUT/CALL Ratio 0.65 0.83 Bullish

Statistics: CLF

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Institutional Holders (2026 Q2)

571 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CLF. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CLF holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Fairfax Financial Holdings Ltd/ Can 5.30% 14,899,273 $139.9M
2 Drexel Morgan & Co. 5.23% 4,000,000 $37.6M
3 Slate Path Capital LP 3.69% 28,410,081 $266.8M
4 PharVision Advisers, LLC 2.33% 13,160 $124K
5 Apis Capital Advisors, LLC 2.32% 2,540,000 $23.9M
6 Avala Global LP 2.15% 6,211,390 $58.3M
7 Towle & Co 2.06% 648,628 $6.1M
8 Encompass Capital Advisors LLC 1.71% 5,113,625 $48.0M
9 Benefit Street Partners LLC 1.69% 125,000 $1.2M
10 Dayah Capital LLC 1.58% 500,000 $4.7M
11 Turas Capital Management LP 1.36% 314,643 $3.0M
12 Kinetic Partners Management, LP 1.35% 6,018,200 $56.5M
13 Axim Planning & Wealth 1.33% 101,432 $952K
14 Collar Capital Management, LLC 1.25% 225,383 $2.1M
15 Easterly Investment Partners LLC 1.15% 2,416,729 $22.7M
16 SFE Investment Counsel 1.15% 911,796 $8.6M
17 Hodges Capital Management Inc. 1.01% 1,626,086 $15.3M
18 Senator Investment Group LP 0.94% 2,741,569 $25.7M
19 PointState Capital LP 0.79% 6,582,026 $61.8M
20 Axq Capital, LP 0.77% 757,848 $7.1M
21 Masters Capital Management LLC 0.72% 3,000,000 $28.2M
22 Old West Investment Management, LLC 0.61% 616,022 $5.8M
23 First Dallas Securities Inc. 0.59% 189,500 $1.8M
24 Robinhood Asset Management, LLC 0.58% 1,150,678 $10.8M
25 Maple Rock Capital Partners Inc. 0.57% 3,083,157 $29.0M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Cleveland-Cliffs Inc New (CLF)

What does the Smart Money Trend signal show for CLF?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added CLF than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CLF?

Slight buying edge — 51% buying: Last quarter: 298 funds bought or added vs 288 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CLF holders?

Elite ownership — 58% AUM from top-100 funds: 56 of 576 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in CLF. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CLF?

66% of holders stayed for 2+ years: 383 out of 583 hedge funds have held CLF for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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