CLEVELAND-CLIFFS INC. - COMMON STOCK (CLF) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2016 to Q4 2025

Type / Class
Equity / COMMON STOCK
Symbol
CLF on NYSE
Shares outstanding
499,098,945
Price per share
$14.02
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
458,547,100
Total reported value
$6,087,534,265
% of total 13F portfolios
0.01%
Share change
+74,764,242
Value change
+$1,001,069,647
Number of holders
566
Price from insider filings
$14.02
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of CLEVELAND-CLIFFS INC. - COMMON STOCK (CLF) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
BlackRock, Inc. 8.9% $370,913,227 44,103,832 BlackRock, Inc. 31 Mar 2025
STATE STREET CORP 5.5% $270,935,863 27,450,442 STATE STREET CORPORATION 30 Jun 2025

As of 31 Dec 2025, 566 institutional investors reported holding 458,547,100 shares of CLEVELAND-CLIFFS INC. - COMMON STOCK (CLF). This represents 92% of the company’s total 499,098,945 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of CLEVELAND-CLIFFS INC. - COMMON STOCK (CLF) together control 67% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
VANGUARD GROUP INC 11% 54,391,397 +13% 0.01% $722,317,752
BlackRock, Inc. 11% 53,260,196 +11% 0.01% $707,295,392
STATE STREET CORP 5.9% 29,278,156 +14% 0.01% $388,813,912
Slate Path Capital LP 4.5% 22,416,281 +13% 4% $297,688,212
Castle Hook Partners LP 3.6% 18,083,029 +572% 3.5% $240,142,625
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 3% 14,899,273 0% 9.5% $197,713,353
DIMENSIONAL FUND ADVISORS LP 2.9% 14,564,176 -15% 0.04% $193,415,355
Maple Rock Capital Partners Inc. 2.5% 12,358,230 +90% 5.4% $164,117,294
D. E. Shaw & Co., Inc. 2.1% 10,604,923 +265% 0.11% $140,833,378
GEODE CAPITAL MANAGEMENT, LLC 2% 10,039,851 +15% 0.01% $133,372,081
Balyasny Asset Management L.P. 1.9% 9,377,323 +17% 0.23% $124,530,849
JANE STREET GROUP, LLC 1.8% 9,072,042 +672% 0.14% $120,476,719
MORGAN STANLEY 1.6% 7,862,669 +17% 0.01% $104,416,263
CITIGROUP INC 1.6% 7,766,514 -3.1% 0.07% $103,139,307
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.5% 7,663,526 +14% 0.02% $101,771,625
MILLENNIUM MANAGEMENT LLC 1.5% 7,436,846 +272% 0.07% $98,761,315
Turiya Advisors Asia Ltd 1.5% 7,250,000 15% $96,280,000
BNP PARIBAS FINANCIAL MARKETS 1.3% 6,309,887 0% 0.05% $83,795,299
UBS Group AG 1.1% 5,552,998 +12% 0.01% $73,743,813
TWO SIGMA INVESTMENTS, LP 0.96% 4,793,174 +266% 0.09% $63,653,351
NEUBERGER BERMAN GROUP LLC 0.92% 4,581,942 -2.5% 0.05% $60,874,347
NORTHERN TRUST CORP 0.89% 4,456,544 +10% 0.01% $59,182,904
BANK OF AMERICA CORP /DE/ 0.85% 4,223,799 -24% 0% $56,092,048
JPMORGAN CHASE & CO 0.84% 4,181,922 -29% 0% $55,535,924
TUDOR INVESTMENT CORP ET AL 0.84% 4,181,411 +506% 0.3% $55,529,138

Institutional Holders of CLEVELAND-CLIFFS INC. - COMMON STOCK (CLF) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 458,547,100 $6,087,534,265 +$1,001,069,647 $13.28 566
2025 Q3 383,076,713 $4,674,201,566 +$138,703,661 $12.20 559
2025 Q2 379,794,539 $2,886,742,993 +$123,088,411 $7.60 552
2025 Q1 358,993,067 $2,951,089,997 -$31,346,432 $8.22 562
2024 Q4 358,472,255 $3,370,480,802 +$111,478,902 $9.40 561
2024 Q3 342,585,177 $4,375,079,795 +$116,280,907 $12.77 552
2024 Q2 336,958,955 $5,185,500,236 +$69,003,949 $15.39 598
2024 Q1 323,053,120 $7,340,751,400 -$243,951,014 $22.74 620
2023 Q4 334,611,588 $6,832,261,996 +$32,843,390 $20.42 613
2023 Q3 334,709,879 $5,229,650,218 +$297,594,939 $15.63 599
2023 Q2 313,036,257 $5,248,337,463 -$290,057,339 $16.76 569
2023 Q1 329,250,495 $6,030,864,396 -$144,648,701 $18.33 604
2022 Q4 339,435,455 $5,469,516,992 +$33,651,036 $16.11 594
2022 Q3 338,828,470 $4,566,637,624 +$269,398,393 $13.47 575
2022 Q2 318,594,031 $4,896,472,830 -$364,730,778 $15.37 581
2022 Q1 316,621,746 $10,188,714,500 +$739,827,933 $32.21 626
2021 Q4 295,603,704 $6,429,324,793 -$227,608,457 $21.77 564
2021 Q3 303,904,022 $6,024,293,087 -$942,617,147 $19.81 497
2021 Q2 350,795,722 $7,562,277,032 +$519,974,419 $21.56 456
2021 Q1 327,177,945 $6,577,464,611 +$659,459,832 $20.11 383
2020 Q4 295,563,242 $4,304,085,797 +$360,422,931 $14.56 337
2020 Q3 273,589,325 $1,755,192,628 +$2,185,865 $6.42 291
2020 Q2 273,633,306 $1,510,200,727 +$20,653,808 $5.52 294
2020 Q1 271,238,682 $1,070,923,401 +$121,301,351 $3.95 291
2019 Q4 227,397,844 $1,909,506,110 +$95,812,886 $8.40 314
2019 Q3 220,853,319 $1,594,456,690 -$62,364,331 $7.22 283
2019 Q2 224,097,894 $2,391,135,423 +$23,149,849 $10.67 288
2019 Q1 223,814,108 $2,235,218,297 +$98,637,449 $9.99 294
2018 Q4 215,572,277 $1,658,376,018 +$16,665,980 $7.69 268
2018 Q3 208,941,588 $2,645,679,734 +$83,688,920 $12.66 268
2018 Q2 202,733,777 $1,708,975,413 +$78,068,407 $8.43 258
2018 Q1 194,693,462 $1,353,074,694 +$99,433,382 $6.95 243
2017 Q4 180,447,304 $1,300,204,247 +$78,723,876 $7.21 250
2017 Q3 169,361,797 $1,210,521,154 +$1,201,300,952 $7.15 229
2017 Q2 1,283,778 $8,884,000 +$8,884,000 $6.92 1
2016 Q2 0 $0 -$56,000 $14.02 0
2016 Q1 5,640 $56,000 $9.93 1