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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: 397 institutionsQ2 2021: 471 institutionsQ3 2021: 510 institutionsQ4 2021: 577 institutionsQ1 2022: 649 institutionsQ2 2022: 607 institutionsQ3 2022: 595 institutionsQ4 2022: 619 institutionsQ1 2023: 616 institutionsQ2 2023: 578 institutionsQ3 2023: 607 institutionsQ4 2023: 626 institutionsQ1 2024: 636 institutionsQ2 2024: 615 institutionsQ3 2024: 568 institutionsQ4 2024: 574 institutionsQ1 2025: 567 institutionsQ2 2025: 560 institutionsQ3 2025: 565 institutionsQ4 2025: 575 institutionsQ1 2026: 570 institutionsQ2 2026: 585 institutions
Value heldQ3 2025: $4.68B
Q1 2021: $6.58BQ2 2021: $7.56BQ3 2021: $6.03BQ4 2021: $6.45BQ1 2022: $10.2BQ2 2022: $4.91BQ3 2022: $4.57BQ4 2022: $5.50BQ1 2023: $6.07BQ2 2023: $5.30BQ3 2023: $5.23BQ4 2023: $6.84BQ1 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 2026570$3.96B
Q4 2025575$6.09B
Q3 2025565$4.68B
Q2 2025560$2.89B
Q1 2025567$2.99B
Q4 2024574$3.37B
Q3 2024568$4.38B
Q2 2024615$5.20B
Q1 2024636$7.39B
Q4 2023626$6.84B
Q3 2023607$5.23B
Q2 2023578$5.30B
Q1 2023616$6.07B
Q4 2022619$5.50B
Q3 2022595$4.57B
Q2 2022607$4.91B
Q1 2022649$10.2B
Q4 2021577$6.45B
Q3 2021510$6.03B
Q2 2021471$7.56B
Q1 2021397$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
Phocas Financial Corp.322,994$3.94M0.51%+322,994New
The PNC Financial Services Group, Inc.301,225$3.67M0.00%+4,097+1.4%Added
Great West Life Assurance Co282,896$3.63M0.01%00.0%Unchanged
Lee Danner & Bass Inc297,019$3.62M0.26%00.0%Unchanged
First Dallas Securities Inc.295,800$3.61M1.35%−16,240−5.2%Reduced
Renaissance Technologies LLC292,659$3.57M0.00%+292,659New
Rockefeller Capital Management L.P.288,965$3.53M0.01%−68,703−19.2%Reduced
Arkadios Wealth Advisors287,468$3.51M0.09%−26,998−8.6%Reduced
American Century Companies Inc273,262$3.33M0.00%+2,702+1.0%Added
Russell Investments Group, Ltd.271,862$3.32M0.00%+128,598+89.8%Added
Natixis271,268$3.31M0.02%+271,268New
Edgestream Partners, L.P.260,842$3.18M0.09%−202,799−43.7%Reduced
Cohen & Steers, Inc.260,411$3.18M0.01%−47,078−15.3%Reduced
Bank of Montreal258,739$3.16M0.00%−105,093−28.9%Reduced
Advisor Group Holdings, Inc.276,939$3.12M0.00%−64,791−19.0%Reduced
MetLife Investment Management254,128$3.10M0.01%−6,938−2.7%Reduced
Cambridge Investment Research Advisors, Inc.247,185$3.02M0.01%+43,377+21.3%Added
Victory Capital Management Inc245,657$3.00M0.00%−130,083−34.6%Reduced
General American Investors Co Inc243,593$2.97M0.19%00.0%Unchanged
Axim Planning & Wealth241,339$2.94M2.34%+768+0.3%Added
Simplex Trading, LLC232,105$2.83M0.06%+171,782+284.8%Added
Collar Capital Management, LLC229,535$2.80M1.97%+2,320+1.0%Added
Mutual of America Capital Management LLC228,463$2.79M0.03%−12,612−5.2%Reduced
New York State Common Retirement Fund227,457$2.77M0.00%+44,037+24.0%Added
First Trust Advisors LP227,170$2.77M0.00%−137,905−37.8%Reduced
Amalgamated Bank225,441$2.75M0.02%+4,083+1.8%Added
Deutsche Bank AG224,233$2.74M0.00%+9,385+4.4%Added
Treasurer of the State of North Carolina218,767$2.67M0.01%−8,518−3.7%Reduced
Algert Global LLC218,070$2.66M0.04%+199,490+1,073.7%Added
Janus Henderson Group PLC217,200$2.65M0.00%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey216,722$2.64M0.02%+32,786+17.8%Added
Stifel Financial Corp215,443$2.63M0.00%+35,608+19.8%Added
Twelve Points Wealth Management LLC213,862$2.61M0.65%−45,601−17.6%Reduced
State of New Jersey Common Pension Fund D211,228$2.58M0.01%−58,993−21.8%Reduced
Cetera Investment Advisers209,845$2.56M0.00%−18,745−8.2%Reduced
Lombard Odier Asset Management (USA) Corp205,000$2.50M0.57%−140,000−40.6%Reduced
Aequim Alternative Investments LP200,000$2.44M0.05%00.0%Unchanged
JB Capital LLC197,945$2.41M0.10%+40,556+25.8%Added
Wolverine Asset Management LLC196,794$2.40M0.04%−3,107−1.6%Reduced
D.A. Davidson & Co.193,994$2.37M0.02%−74,458−27.7%Reduced
AMG National Trust Bank190,024$2.32M0.06%+3,112+1.7%Added
CenterBook Partners LP184,688$2.25M0.11%+36,208+24.4%Added
Yousif Capital Management, LLC181,744$2.22M0.02%−7,160−3.8%Reduced
Janney Montgomery Scott LLC181,435$2.21M0.01%+10,926+6.4%Added
Kestra Private Wealth Services, LLC171,289$2.09M0.03%−1,626−0.9%Reduced
Tectonic Advisors LLC168,305$2.05M0.11%−21,442−11.3%Reduced
State of Wisconsin Investment Board166,520$2.03M0.00%−85,987−34.1%Reduced
Teachers Retirement System of the State of Kentucky160,817$1.96M0.01%00.0%Unchanged
Voleon Capital Management LP160,399$1.96M0.05%+160,399New
Wiley Bros.-Aintree Capital, LLC159,585$1.94M0.01%+1,841+1.2%Added
Creative Planning154,661$1.89M0.00%+29,000+23.1%Added
Comerica Bank153,428$1.87M0.01%−6,912−4.3%Reduced
Public Employees Retirement System of Ohio152,009$1.85M0.01%+943+0.6%Added
Mraz, Amerine & Associates, Inc.151,430$1.85M0.29%−23,197−13.3%Reduced
Kovitz Investment Group Partners, LLC149,911$1.83M0.01%+149,911New
Universal- Beteiligungs- und Servicegesellschaft mbH149,868$1.83M0.00%+17,198+13.0%Added
Ancora Advisors, LLC149,309$1.82M0.04%+18,000+13.7%Added
Murphy Pohlad Asset Management LLC149,060$1.82M0.71%−17,030−10.3%Reduced
Dark Forest Capital Management LP147,180$1.80M0.07%+147,180New
Arizona State Retirement System146,374$1.79M0.01%+2,063+1.4%Added
SEI Investments Co144,323$1.76M0.00%−1,656−1.1%Reduced
Landscape Capital Management, L.L.C.144,303$1.76M0.11%+144,303New
KLP Kapitalforvaltning AS139,387$1.71M0.01%+28,300+25.5%Added
Zurcher Kantonalbank (Zurich Cantonalbank)139,422$1.70M0.00%−12,000−7.9%Reduced
Louisiana State Employees Retirement System137,700$1.68M0.03%+1,300+1.0%Added
Steward Partners Investment Advisory, LLC137,629$1.68M0.01%+61,574+81.0%Added
Sanctuary Advisors, LLC137,157$1.67M0.01%+21,927+19.0%Added
International Assets Investment Management, LLC204,934$1.66M0.13%00.0%Unchanged
State of Tennessee, Treasury Department133,462$1.63M0.01%00.0%Unchanged
Wolverine Trading, LLC126,549$1.62M0.03%−25,326−16.7%Reduced
Cladis Investment Advisory, LLC130,250$1.59M0.91%−35,300−21.3%Reduced
Brevan Howard Capital Management LP129,988$1.59M0.02%−521,013−80.0%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys126,962$1.55M0.01%+2,412+1.9%Added
NBC Securities, Inc.126,196$1.54M0.12%−4,364−3.3%Reduced
Thrivent Financial for Lutherans124,443$1.52M0.00%−1,724−1.4%Reduced
Keynote Financial Services LLC122,993$1.50M0.90%−166−0.1%Reduced
State of Michigan Retirement System117,827$1.44M0.01%+1,300+1.1%Added
Mitsubishi UFJ Trust & Banking Corp115,586$1.41M0.00%+115,586New
Neo Ivy Capital Management115,416$1.41M0.34%+115,416New
Contrarian Capital Management, L.L.C.115,000$1.40M0.35%00.0%Unchanged
Qsemble Capital Management, LP113,627$1.39M0.14%+113,627New
NJ State Employees Deferred Compensation Plan112,000$1.37M0.15%00.0%Unchanged
Northwestern Mutual Investment Management Company, LLC110,266$1.35M0.02%+2,031+1.9%Added
Pinnacle Holdings, LLC109,624$1.34M0.47%−104−0.1%Reduced
Envestnet Asset Management Inc105,878$1.29M0.00%−4,282−3.9%Reduced
New Mexico Educational Retirement Board105,300$1.28M0.04%00.0%Unchanged
Bridgewater Associates, LP100,377$1.22M0.00%+100,377New
Oregon Public Employees Retirement Fund99,649$1.22M0.02%+900+0.9%Added
VestGen Advisors, LLC98,854$1.21M0.04%+190.0%Added
Kornitzer Capital Management Inc93,970$1.15M0.02%−6,540−6.5%Reduced
AQR Capital Management LLC93,018$1.13M0.00%−343,911−78.7%Reduced
Ameritas Investment Partners, Inc.92,732$1.13M0.03%−1,389−1.5%Reduced
Pacer Advisors, Inc.91,302$1.11M0.00%+91,302New
Quantinno Capital Management LP90,025$1.10M0.00%+33,634+59.6%Added
Clearstead Advisors, LLC89,604$1.09M0.02%+1,242+1.4%Added
Ensign Peak Advisors, Inc89,225$1.09M0.00%−80,550−47.4%Reduced
Engineers Gate Manager LP87,883$1.07M0.01%+87,883New
Wealth Enhancement Advisory Services, LLC83,593$1.07M0.00%−17,334−17.2%Reduced
180 Wealth Advisors, LLC84,391$1.03M0.13%−2,117−2.4%Reduced
Intech Investment Management LLC83,795$1.02M0.01%+25,209+43.0%Added