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Cleveland-Cliffs Inc.

CLF
Exchange
NYSE
Industry
Metal Mining
SEC CIK
0000764065

No open-market purchases or sales by Cleveland-Cliffs Inc. insiders were filed in the last 90 days; 585 institutions reported holding it in 13F filings for Q2 2026, worth $4.46B in total; superinvestors Fairfax Financial and Duquesne Family Office hold it.

13F holders, Q3 2025

Institutional positions in Cleveland-Cliffs Inc. as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
565
+11 vs. Q2 2025
Shares held
383.2M
+9.33M (+2.5%) vs. Q2 2025
Total value
$4.68B
+$1.83B (+64.5%) vs. Q2 2025
New holders
79
171 more added
Sold out
68
191 more reduced

6 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting CLF on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 565 institutions
Q1 2021: 394 institutionsQ2 2021: 469 institutionsQ3 2021: 510 institutionsQ4 2021: 576 institutionsQ1 2022: 649 institutionsQ2 2022: 607 institutionsQ3 2022: 594 institutionsQ4 2022: 617 institutionsQ1 2023: 614 institutionsQ2 2023: 576 institutionsQ3 2023: 605 institutionsQ4 2023: 624 institutionsQ1 2024: 635 institutionsQ2 2024: 613 institutionsQ3 2024: 566 institutionsQ4 2024: 574 institutionsQ1 2025: 567 institutionsQ2 2025: 560 institutionsQ3 2025: 565 institutionsQ4 2025: 575 institutionsQ1 2026: 569 institutionsQ2 2026: 585 institutions
Value heldQ3 2025: $4.68B
Q1 2021: $6.58BQ2 2021: $7.56BQ3 2021: $6.03BQ4 2021: $6.44BQ1 2022: $10.2BQ2 2022: $4.91BQ3 2022: $4.57BQ4 2022: $5.49BQ1 2023: $6.07BQ2 2023: $5.30BQ3 2023: $5.23BQ4 2023: $6.83BQ1 2024: $7.39BQ2 2024: $5.20BQ3 2024: $4.38BQ4 2024: $3.37BQ1 2025: $2.99BQ2 2025: $2.89BQ3 2025: $4.68BQ4 2025: $6.09BQ1 2026: $3.96BQ2 2026: $4.46B
Institutions holding CLF and their total value by quarter
QuarterHoldersValue
Q2 2026585$4.46B
Q1 2026569$3.96B
Q4 2025575$6.09B
Q3 2025565$4.68B
Q2 2025560$2.89B
Q1 2025567$2.99B
Q4 2024574$3.37B
Q3 2024566$4.38B
Q2 2024613$5.20B
Q1 2024635$7.39B
Q4 2023624$6.83B
Q3 2023605$5.23B
Q2 2023576$5.30B
Q1 2023614$6.07B
Q4 2022617$5.49B
Q3 2022594$4.57B
Q2 2022607$4.91B
Q1 2022649$10.2B
Q4 2021576$6.44B
Q3 2021510$6.03B
Q2 2021469$7.56B
Q1 2021394$6.58B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Cleveland-Cliffs Inc.; share changes are against Q2 2025.

Institutions holding CLF in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc47,943,935$584.9M0.01%−8,7240.0%Reduced
BlackRock, Inc.47,790,854$583.0M0.01%−1,699,909−3.4%Reduced
State Street Corp25,646,006$312.9M0.01%−1,804,436−6.6%Reduced
Slate Path Capital LP19,753,245$241.0M3.73%+4,036,800+25.7%Added
Dimensional Fund Advisors LP17,218,846$210.1M0.05%−2,994,777−14.8%Reduced
Fairfax Financial Holdings LtdSuperinvestorFairfax Financial14,899,273$181.8M8.80%00.0%Unchanged
Geode Capital Management, LLC8,753,809$106.8M0.01%+370,607+4.4%Added
Citigroup Inc8,010,913$97.7M0.07%+1,195,035+17.5%Added
Balyasny Asset Management LLC7,994,441$97.5M0.20%+7,516,638+1,573.2%Added
Charles Schwab Investment Management Inc6,706,085$81.8M0.01%+1,561,441+30.4%Added
Morgan Stanley6,704,894$81.8M0.00%−3,680,123−35.4%Reduced
Maple Rock Capital Partners Inc.6,502,400$79.3M3.20%−1,883,200−22.5%Reduced
JPMorgan Chase & Co5,874,838$71.7M0.00%+5,071,407+631.2%Added
Drexel Morgan & Co.5,599,075$68.3M10.73%+100,000+1.8%Added
Bank of America Corp5,592,463$68.2M0.01%−2,226,927−28.5%Reduced
BNP Paribas Arbitrage, SA5,539,742$67.6M0.05%−789,672−12.5%Reduced
UBS Group AG4,938,932$60.3M0.01%+1,260,054+34.3%Added
Citadel Advisors LLC4,817,437$58.8M0.05%+1,666,749+52.9%Added
Neuberger Berman Group LLC4,701,596$57.5M0.04%+898,065+23.6%Added
Voloridge Investment Management, LLC4,683,251$57.1M0.19%+4,241,582+960.4%Added
Allianz Asset Management GmbH4,195,179$51.2M0.06%+1,538,220+57.9%Added
Northern Trust Corp4,037,963$49.3M0.01%+139,862+3.6%Added
Royal Bank of Canada3,625,704$44.2M0.01%+935,110+34.8%Added
Mirae Asset Global ETFs Holdings Ltd.3,283,012$40.1M0.06%+73,805+2.3%Added
Wells Fargo & Company3,071,592$37.5M0.01%+1,101,002+55.9%Added
Bank of New York Mellon Corp2,955,068$36.1M0.01%−56,021−1.9%Reduced
D. E. Shaw & Co., Inc.2,908,491$35.5M0.03%+2,471,020+564.8%Added
Woodline Partners LP2,761,463$33.7M0.16%00.0%Unchanged
Duquesne Family Office LLCSuperinvestorDuquesne Family Office2,715,035$33.1M0.84%+2,715,035New
Invesco Ltd.2,710,022$33.1M0.01%−371,219−12.0%Reduced
Castle Hook Partners LP2,689,522$32.8M0.50%+2,689,522New
Hodges Capital Management Inc.2,431,003$29.7M2.54%−212,973−8.1%Reduced
Douglas Lane & Associates, LLC2,408,171$29.4M0.41%+230,756+10.6%Added
Barclays PLC2,308,271$28.2M0.01%+1,703,791+281.9%Added
Masters Capital Management LLC2,000,000$24.4M3.92%00.0%Unchanged
Millennium Management LLC1,996,995$24.4M0.02%−2,646,103−57.0%Reduced
Goldman Sachs Group Inc1,976,001$24.1M0.00%−854,496−30.2%Reduced
FMR LLC1,966,788$24.0M0.00%+1,934,867+6,061.4%Added
Ameriprise Financial Inc1,887,702$23.4M0.01%−399,656−17.5%Reduced
Discovery Capital Management, LLC1,777,700$21.7M1.19%+1,777,700New
Two Sigma Advisers, LP1,765,228$21.5M0.04%+1,287,100+269.2%Added
Easterly Investment Partners LLC1,629,765$19.9M1.35%−44,212−2.6%Reduced
Marshall Wace, LLP1,574,664$19.2M0.02%−2,997,998−65.6%Reduced
Rhumbline Advisers1,322,682$16.1M0.01%+2,981+0.2%Added
Two Sigma Investments, LP1,307,860$16.0M0.02%+494,937+60.9%Added
LPL Financial LLC1,265,512$15.4M0.00%+93,385+8.0%Added
Brandywine Global Investment Management, LLC1,256,507$15.3M0.11%+1,256,507New
Gotham Asset Management, LLC1,217,945$14.9M0.06%+104,317+9.4%Added
Jane Street Group, LLC1,175,520$14.3M0.02%+149,298+14.5%Added
Amundi1,109,021$14.0M0.00%+1,109,021New
South Dakota Investment Council1,140,591$13.9M0.27%−201,228−15.0%Reduced
UBS Asset Management Americas Inc1,114,634$13.6M0.00%−601,591−35.1%Reduced
Trexquant Investment LP1,101,000$13.4M0.14%+512,505+87.1%Added
Principal Financial Group Inc1,098,512$13.4M0.01%−691−0.1%Reduced
Edmond de Rothschild Holding S.A.1,050,000$12.8M0.20%−200,000−16.0%Reduced
SFE Investment Counsel1,003,105$12.2M1.95%−52,260−5.0%Reduced
Man Group plc969,391$11.8M0.02%+725,113+296.8%Added
Swiss National Bank959,061$11.7M0.01%+14,300+1.5%Added
Mercer Global Advisors Inc941,903$11.5M0.02%−52,427−5.3%Reduced
Point72 Asset Management, L.P.923,611$11.3M0.02%+643,917+230.2%Added
Contrarius Group Holdings Ltd896,055$10.9M0.49%+896,055New
Fisher Asset Management, LLC879,363$10.7M0.00%−17,133−1.9%Reduced
Legal & General Group Plc876,670$10.7M0.00%−9,843−1.1%Reduced
Lighthouse Investment Partners, LLC751,750$9.17M0.33%+751,750New
Verition Fund Management LLC725,982$8.86M0.05%−414,665−36.4%Reduced
Tudor Investment Corp Et Al689,534$8.41M0.05%+689,534New
Gallagher Fiduciary Advisors, LLC684,293$8.35M0.31%−17,130−2.4%Reduced
Nuveen, LLC677,206$8.26M0.00%−194,272−22.3%Reduced
Truist Financial Corp675,853$8.25M0.01%−1,024,009−60.2%Reduced
Schonfeld Strategic Advisors LLC670,511$8.18M0.06%+568,219+555.5%Added
California Public Employees Retirement System649,564$7.92M0.00%+61,595+10.5%Added
Group One Trading, L.P.637,133$7.77M0.23%+104,139+19.5%Added
Sonora Investment Management Group, LLC624,851$7.62M0.54%−30,503−4.7%Reduced
Alliancebernstein L.P.615,711$7.51M0.00%+62,329+11.3%Added
Susquehanna International Group, LLP608,575$7.42M0.01%−1,853,728−75.3%Reduced
Retirement Systems of Alabama598,116$7.30M0.02%+5,626+0.9%Added
Wellington Management Group LLP587,408$7.17M0.00%+91,489+18.4%Added
Commonwealth Equity Services, LLC543,917$6.64M0.01%−210,066−27.9%Reduced
Jump Financial, LLC542,714$6.62M0.08%−4,033,600−88.1%Reduced
Voya Investment Management LLC486,311$5.93M0.01%−117,324−19.4%Reduced
Walleye Capital LLC481,751$5.88M0.05%+85,724+21.6%Added
State Board of Administration of Florida Retirement System471,230$5.75M0.01%−4,663−1.0%Reduced
California State Teachers Retirement System466,454$5.69M0.01%+41,676+9.8%Added
New York State Teachers Retirement System456,772$5.57M0.01%00.0%Unchanged
Readystate Asset Management LP454,213$5.54M0.27%+411,438+961.9%Added
Quantbot Technologies LP446,158$5.44M0.15%−348,279−43.8%Reduced
Soviero Asset Management, LP435,000$5.31M3.28%+435,000New
Aquatic Capital Management LLC423,320$5.16M0.10%−736,409−63.5%Reduced
Y-Intercept (Hong Kong) Ltd420,927$5.14M0.12%+395,026+1,525.1%Added
Worldquant Millennium Advisors LLC414,786$5.06M0.02%+64,078+18.3%Added
Cerity Partners LLC411,000$5.01M0.01%−9,526−2.3%Reduced
Price T Rowe Associates Inc400,808$4.89M0.00%+19,118+5.0%Added
Raymond James Financial Inc393,428$4.80M0.00%−148,817−27.4%Reduced
Private Advisor Group, LLC372,036$4.54M0.02%−3,630−1.0%Reduced
Eisler Capital Management Ltd.350,137$4.53M0.10%+350,137New
Manufacturers Life Insurance Company, The369,246$4.50M0.00%−6,015−1.6%Reduced
ARS Investment Partners, LLC355,695$4.34M0.29%−32,222−8.3%Reduced
Van Eck Associates Corp352,496$4.30M0.00%−77,498−18.0%Reduced
First Washington CORP349,943$4.27M1.14%+1,190+0.3%Added
Monaco Asset Management SAM325,000$3.96M1.48%−105,000−24.4%Reduced