CLFNYSEMetal MiningFiscal year ends December 31
CLEVELAND-CLIFFS INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 23, 2026
$14.10+1.98 (+16.34%)
Close on Oct 19, 2026
- Market cap
- $8.05B
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
84.3%
481M of 571M shares
Institutional holders
581
97 new, 75 sold out
Net institutional buying
13M
In Q2 2026
Insider trades, 12 months
1 buys · 3 sales
Net sold $42.03M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 44,103,832 | 8.90% | 13G (passive) amendment | Mar 31, 2025 |
| State Street Corporation | 33,248,560 | 5.80% | 13G (passive) | Jun 30, 2026 |
| Vanguard Capital Management | 29,930,485 | 5.24% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of CLF | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 55,672,638 | 9.76% | $522.77M | −2,944,888 | 0.01% |
| State Street Corp | 33,248,516 | 5.83% | $312.20M | −6,062,727 | 0.01% |
| Slate Path Capital LP | 28,410,081 | 4.98% | $266.77M | +9,166,100 | 3.69% |
| Vanguard Capital Management LLC | 25,796,291 | 4.52% | $242.23M | +201,937 | 0.01% |
| Vanguard Portfolio Management LLC | 25,187,723 | 4.41% | $236.51M | +8,369 | 0.01% |
| D. E. Shaw & Co., Inc. | 15,385,109 | 2.70% | $144.47M | +2,659,204 | 0.07% |
| Two Sigma Investments, LP | 15,200,394 | 2.66% | $142.73M | +1,278,398 | 0.10% |
| Fairfax Financial Holdings Ltd/ Can | 14,899,273 | 2.61% | $139.90M | – | 5.30% |
| Dimensional Fund Advisors LP | 12,454,764 | 2.18% | $116.96M | −3,034,443 | 0.02% |
| Assenagon Asset Management S.A. | 12,043,658 | 2.11% | $113.09M | +10,089,823 | 0.07% |
| Geode Capital Management, LLC | 10,544,562 | 1.85% | $99.05M | +79,320 | 0.01% |
| Citigroup Inc | 9,598,431 | 1.68% | $90.13M | +948,657 | 0.03% |
| Morgan Stanley | 7,911,298 | 1.39% | $74.29M | −978,948 | 0.00% |
| Charles Schwab Investment Management Inc | 7,897,840 | 1.38% | $74.16M | −132,484 | 0.01% |
| PointState Capital LP | 6,582,026 | 1.15% | $61.81M | New | 0.79% |
| Goldman Sachs Group Inc | 6,420,752 | 1.13% | $60.29M | +3,212,403 | 0.01% |
| Millennium Management LLC | 6,371,571 | 1.12% | $59.83M | −121,074 | 0.02% |
| Avala Global LP | 6,211,390 | 1.09% | $58.32M | New | 2.15% |
| Kinetic Partners Management, LP | 6,018,200 | 1.05% | $56.51M | +775,000 | 1.35% |
| SG Americas Securities, LLC | 5,718,402 | 1.00% | $53.70K | +4,990,362 | 0.03% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 581 | 481M | 84.3% | 97 / 183 | 189 / 75 | 89M | 77M |
| Q1 2026 | 569 | 469M | 82.1% | 92 / 196 | 170 / 90 | 140M | 76M |
| Q4 2025 | 574 | 459M | 80.5% | 90 / 209 | 169 / 71 | 113M | 42M |
| Q3 2025 | 564 | 389M | 68.2% | 80 / 169 | 193 / 69 | 66M | 60M |
| Q2 2025 | 558 | 383M | 67.1% | 83 / 196 | 182 / 89 | 67M | 49M |
| Q1 2025 | 566 | 365M | 63.9% | 95 / 223 | 153 / 94 | 58M | 51M |
| Q4 2024 | 573 | 359M | 62.9% | 106 / 196 | 176 / 88 | 75M | 60M |
| Q3 2024 | 563 | 345M | 60.5% | 74 / 184 | 213 / 120 | 96M | 39M |
| Q2 2024 | 611 | 339M | 59.5% | 90 / 185 | 225 / 103 | 54M | 56M |
| Q1 2024 | 634 | 342M | 60.0% | 90 / 188 | 235 / 72 | 42M | 43M |
| Q4 2023 | 622 | 343M | 60.1% | 99 / 160 | 255 / 73 | 49M | 41M |
| Q3 2023 | 604 | 334M | 58.6% | 79 / 193 | 210 / 45 | 46M | 27M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of CLF | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Mid-Cap ETF | 19,522,623 | 3.42% | $183.32M | 0.15% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 18,132,556 | 3.18% | $170.26M | 0.01% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P(R) Metals & Mining ETF | 14,862,659 | 2.61% | $139.56M | 3.18% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 13,086,840 | 2.29% | $122.89M | 0.07% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 8,286,841 | 1.45% | $77.81M | 0.11% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 6,543,195 | 1.15% | $61.44M | 0.06% | Jun 30, 2026 |
| Global X U.S. Infrastructure Development ETF | 4,179,105 | 0.73% | $56.84M | 0.42% | May 31, 2026 |
| Fidelity Extended Market Index Fund | 2,937,488 | 0.51% | $39.95M | 0.09% | May 31, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 400(TM) Mid Cap ETF | 2,887,327 | 0.51% | $27.11M | 0.15% | Jun 30, 2026 |
| iShares S&P Mid-Cap 400 Value ETF | 2,857,537 | 0.50% | $26.83M | 0.31% | Jun 30, 2026 |
| Schwab U.S. Small-Cap ETF | 2,742,330 | 0.48% | $37.30M | 0.16% | May 31, 2026 |
| U.S. Small Cap Value Portfolio | 2,331,532 | 0.41% | $26.86M | 0.14% | Jul 31, 2026 |
| iShares Russell Mid-Cap ETF | 2,324,136 | 0.41% | $21.82M | 0.04% | Jun 30, 2026 |
| U.S. Small Cap Portfolio | 2,316,144 | 0.41% | $26.68M | 0.14% | Jul 31, 2026 |
| Fidelity Mid Cap Index Fund | 2,144,404 | 0.38% | $24.70M | 0.05% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Lourenco Goncalves | Chairman, President & CEO, Director | 3,015,486 | 0.53% | Feb 20, 2026 |
| Celso L. Goncalves Jr | EVP, CFO | 184,542 | 0.03% | Jun 5, 2026 |
| Kimberly A. Floriani | SVP, Controller & CAO | 68,852 | 0.01% | Feb 20, 2026 |
| Clifford T. Smith | EVP & Chief Operating Officer | 660,635 | 0.12% | Feb 20, 2026 |
| James D. Graham | EVP Chief Legal Admin & Sec | 478,258 | 0.08% | Feb 20, 2026 |
| Keith Koci | EVP & President, CC Services | 527,528 | 0.09% | Feb 20, 2026 |
| Terry G. Fedor | EVP, Engineering & Technology | 567,255 | 0.10% | Jan 7, 2026 |
| Traci L. Forrester | EVP, Environ & Sustainability | 209,778 | 0.04% | Feb 21, 2025 |
| Jane M. Cronin | Director | 78,356 | 0.01% | Jul 2, 2026 |
| Ron A. Bloom | Director | 127,354 | 0.02% | Jul 2, 2026 |
| Edilson Camara | Director | 57,317 | 0.01% | Apr 23, 2026 |
| John T. Baldwin | Director | 133,227 | 0.02% | Apr 23, 2026 |
| Ralph S. Michael Iii | Director | 233,420 | 0.04% | Apr 23, 2026 |
| Arlene M. Yocum | Director | 136,467 | 0.02% | Apr 23, 2026 |
| Ben Oren | Director | 48,068 | 0.01% | Apr 23, 2026 |
| Gabriel Stoliar | Director | 288,353 | 0.05% | Apr 2, 2026 |
| Susan Miranda Green | Director | 116,726 | 0.02% | Apr 25, 2025 |
| Douglas C. Taylor | Director | 119,103 | 0.02% | Apr 25, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Jane M. Cronin Director | Jul 1, 2026 | Award | +4,246 | $9.42 | $40.00K | 78,356 |
| Ron A. Bloom Director | Jul 1, 2026 | Award | +4,246 | $9.42 | $40.00K | 127,354 |
| Celso L. Goncalves Jr EVP, CFO | Jun 5, 2026 | Sale | −214,308 | $13.41 | $2.87M | 184,542 |
| Edilson Camara Director | Apr 21, 2026 | Award | +15,334 | – | – | 57,317 |
| Jane M. Cronin Director | Apr 21, 2026 | Award | +15,334 | – | – | 74,110 |
| Ben Oren Director | Apr 21, 2026 | Award | +15,334 | – | – | 48,068 |
| Ron A. Bloom Director | Apr 21, 2026 | Award | +15,334 | – | – | 123,108 |
| Arlene M. Yocum Director | Apr 21, 2026 | Award | +15,334 | – | – | 136,467 |
| Ralph S. Michael Iii Director | Apr 21, 2026 | Award | +15,334 | – | – | 233,420 |
| Gabriel Stoliar Director | Apr 1, 2026 | Tax withholding | −725 | $8.27 | $6.00K | 258,992 |
| Gabriel Stoliar Director | Apr 1, 2026 | Award | +2,418 | $8.27 | $20.00K | 259,717 |
| Ron A. Bloom Director | Apr 1, 2026 | Award | +4,837 | $8.27 | $40.00K | 107,774 |
| Jane M. Cronin Director | Apr 1, 2026 | Award | +4,534 | $8.27 | $37.50K | 58,776 |
| Clifford T. Smith EVP & Chief Operating Officer | Feb 17, 2026 | Sale | −200,000 | $10.46 | $2.09M | 560,529 |
| Edilson Camara Director | Feb 13, 2026 | Buy | +19,700 | $10.13 | $199.56K | 41,983 |
| Lourenco Goncalves Chairman, President & CEO, Director | Feb 11, 2026 | Sale | −3,000,000 | $12.42 | $37.26M | 0 |
| Lourenco Goncalves Chairman, President & CEO, Director | Jan 5, 2026 | Tax withholding | −84,229 | $13.20 | $1.11M | 3,015,486 |
| Clifford T. Smith EVP & Chief Operating Officer | Jan 5, 2026 | Tax withholding | −19,140 | $13.20 | $252.65K | 760,529 |
| Celso L. Goncalves Jr EVP, CFO | Jan 5, 2026 | Tax withholding | −18,775 | $13.20 | $247.83K | 398,850 |
| Terry G. Fedor EVP, Engineering & Technology | Jan 5, 2026 | Tax withholding | −6,922 | $13.20 | $91.37K | 567,255 |
| Keith Koci EVP & President, CC Services | Jan 5, 2026 | Tax withholding | −15,947 | $13.20 | $210.50K | 527,528 |
| James D. Graham EVP Chief Legal Admin & Sec | Jan 5, 2026 | Tax withholding | −13,991 | $13.20 | $184.68K | 478,258 |
| Kimberly A. Floriani SVP, Controller & CAO | Jan 5, 2026 | Tax withholding | −3,182 | $13.20 | $42.00K | 68,852 |
| Ron A. Bloom Director | Jan 2, 2026 | Award | +3,012 | $13.28 | $40.00K | 102,937 |
| Jane M. Cronin Director | Jan 2, 2026 | Award | +3,012 | $13.28 | $40.00K | 54,242 |
| Gabriel Stoliar Director | Jan 2, 2026 | Tax withholding | −452 | $13.28 | $6.00K | 257,299 |
| Gabriel Stoliar Director | Jan 2, 2026 | Award | +1,506 | $13.28 | $20.00K | 257,751 |
| Edilson Camara Director | Nov 12, 2025 | Award | +5,633 | – | – | 22,283 |
| Ron A. Bloom Director | Oct 1, 2025 | Award | +3,215 | $12.44 | $39.99K | 99,925 |
| Jane M. Cronin Director | Oct 1, 2025 | Award | +3,215 | $12.44 | $39.99K | 51,230 |
| Gabriel Stoliar Director | Oct 1, 2025 | Tax withholding | −482 | $12.44 | $6.00K | 256,245 |
| Gabriel Stoliar Director | Oct 1, 2025 | Award | +1,608 | $12.44 | $20.00K | 256,727 |
| Gabriel Stoliar Director | Jul 1, 2025 | Tax withholding | −739 | $8.12 | $6.00K | 255,119 |
| Gabriel Stoliar Director | Jul 1, 2025 | Award | +2,463 | $8.12 | $20.00K | 255,858 |
| Ron A. Bloom Director | Jul 1, 2025 | Award | +4,926 | $8.12 | $40.00K | 96,710 |
| Jane M. Cronin Director | Jul 1, 2025 | Award | +4,926 | $8.12 | $40.00K | 48,015 |
| James D. Graham EVP Chief Legal Admin & Sec | May 23, 2025 | Sale | −120,000 | $6.85 | $822.00K | 492,249 |
| Ralph S. Michael Iii Director | Apr 23, 2025 | Award | +18,567 | – | – | 218,086 |
| Gabriel Stoliar Director | Apr 23, 2025 | Award | +18,567 | – | – | 253,395 |
| Arlene M. Yocum Director | Apr 23, 2025 | Award | +18,567 | – | – | 121,133 |
| Douglas C. Taylor Director | Apr 23, 2025 | Award | +18,567 | – | – | 119,103 |
| Susan Miranda Green Director | Apr 23, 2025 | Award | +18,567 | – | – | 116,726 |
| Ben Oren Director | Apr 23, 2025 | Award | +18,567 | – | – | 32,734 |
| Ron A. Bloom Director | Apr 23, 2025 | Award | +18,567 | – | – | 91,784 |
| Jane M. Cronin Director | Apr 23, 2025 | Award | +18,567 | – | – | 43,089 |
| Ron A. Bloom Director | Apr 1, 2025 | Award | +4,938 | $8.10 | $40.00K | 73,217 |
| Gabriel Stoliar Director | Apr 1, 2025 | Tax withholding | −741 | $8.10 | $6.00K | 234,828 |
| Gabriel Stoliar Director | Apr 1, 2025 | Award | +2,469 | $8.10 | $20.00K | 235,569 |
| John T. Baldwin Director | Mar 10, 2025 | Buy | +4,000 | $8.70 | $34.80K | 133,227 |
| Jane M. Cronin Director | Feb 28, 2025 | Buy | +10,000 | $10.56 | $105.60K | 24,522 |
| Keith Koci EVP & President, CC Services | Feb 28, 2025 | Buy | +9,500 | $10.82 | $102.79K | 543,475 |
| James D. Graham EVP Chief Legal Admin & Sec | Feb 19, 2025 | Award | +88,822 | – | – | 612,249 |
| Lourenco Goncalves Chairman, President & CEO, Director | Feb 19, 2025 | Award | +407,288 | – | – | 3,099,715 |
| Celso L. Goncalves Jr EVP, CFO | Feb 19, 2025 | Award | +117,967 | – | – | 417,625 |
| Keith Koci EVP & President, CC Services | Feb 19, 2025 | Award | +102,423 | – | – | 533,975 |
| Kimberly A. Floriani SVP, Controller & CAO | Feb 19, 2025 | Award | +18,505 | – | – | 72,034 |
| Traci L. Forrester EVP, Environ & Sustainability | Feb 19, 2025 | Award | +28,991 | – | – | 209,778 |
| Terry G. Fedor EVP, Operations | Feb 19, 2025 | Award | +44,411 | – | – | 573,035 |
| Clifford T. Smith EVP & Chief Operating Officer | Feb 19, 2025 | Award | +123,935 | – | – | 679,775 |
| Kimberly A. Floriani SVP, Controller & CAO | Jan 3, 2025 | Tax withholding | −2,774 | $9.50 | $26.35K | 53,529 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Lourenco Goncalves Celso Jr Officer | Jun 5, 2026 | 214,308 | $2.87M | Jun 5, 2026 | Compensation |
| Taylor Douglas Former Affiliate | May 19, 2026 | 8,800 | $91.32K | May 19, 2026 | Restricted stock vesting under a registered plan |
| Taylor Douglas former affiliate | Apr 22, 2026 | 8,000 | $72.56K | Apr 22, 2026 | Restricted stock vesting under a registered plan |
| Clifford T. Smith Officer | Feb 17, 2026 | 200,000 | $2.09M | Feb 17, 2026 | Restricted Stock Vesting |
| Celso Lourenco Goncalves GRAT 5/9/2025 The Officer, Director | Feb 11, 2026 | 3,000,000 | $36.54M | Feb 11, 2026 | Purchased in open market |
| James D. Graham Officer | May 23, 2025 | 120,000 | $822.04K | May 23, 2025 | Restricted Stock Vesting |
| Taylor Douglas Director | Jun 11, 2024 | 36,000 | $535.22K | Jun 11, 2024 | Compensation for Past Services |
| Susan Miranda Green Director | Mar 12, 2024 | 6,500 | $133.64K | Mar 12, 2024 | Stock Grants as Part of Board Compensation |
| James D. Graham Officer | Mar 6, 2024 | 24,154 | $487.62K | Mar 6, 2024 | Option Granted 01/12/2015 |
| Lourenco Goncalves Officer, Director | Mar 6, 2024 | 187,136 | $3.78M | Mar 6, 2024 | Option Granted - 01/12/2015 |
| Terry G. Fedor Officer | Mar 6, 2024 | 27,430 | $553.75K | Mar 6, 2024 | Option Granted 01/12/2015 |
| Clifford T. Smith Officer | Mar 6, 2024 | 27,430 | $553.88K | Mar 6, 2024 | Option Granted - 01/12/2015 |
| Celso L. Goncalves Jr Officer | Mar 6, 2024 | 187,136 | $3.78M | Mar 6, 2024 | Option Granted - 01/12/2015 |