Cleveland-Cliffs Inc. (CLF) shareholders
CLFNYSEMetal MiningFiscal year ends December 31
$12.65−0.42 (-3.21%)
Close on Nov 13, 2026Market cap $7.22BP/E –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
2 buys · 3 sales
Net sold $41.93M
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% | $53.70M | +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)
299 funds held CLF in Q2 2026, 79% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| 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 | 2.60% | $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 |
| 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 |
| Kimberly A. Floriani | SVP, Controller & CAO | 68,852 | 0.01% | 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 |
| Edilson Camara | Director | 64,717 | 0.01% | Oct 23, 2026 |
| Jane M. Cronin | Director | 81,843 | 0.01% | Oct 2, 2026 |
| Ron A. Bloom | Director | 130,841 | 0.02% | Oct 2, 2026 |
| Ben Oren | Director | 48,068 | 0.01% | 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 |
| John T. Baldwin | Director | 133,227 | 0.02% | Apr 23, 2026 |
| Gabriel Stoliar | Director | 288,353 | 0.05% | Apr 2, 2026 |
| Douglas C. Taylor | Director | 119,103 | 0.02% | Apr 25, 2025 |
| Susan Miranda Green | Director | 116,726 | 0.02% | Apr 25, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Edilson Camara Director | Oct 22, 2026 | Buy | +7,400 | $13.49 | $99.83K | 64,717 |
| Jane M. Cronin Director | Oct 1, 2026 | Award | +3,487 | $11.47 | $40.00K | 81,843 |
| Ron A. Bloom Director | Oct 1, 2026 | Award | +3,487 | $11.47 | $40.00K | 130,841 |
| 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 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
10.96%
62M shares short
Days to cover
2.0
At 31M shares a day
Change since last report
-18.8%
From 76M shares
Short volume, 20 days
47.8%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Cleveland-Cliffs's stock actually held short. Settlement fails (shares not delivered on time) peaked at 129,647 shares on Sep 24, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Celso L. Goncalves Jr Officer | Jun 5, 2026 | 214,308 | $2.87M | Jun 5, 2026 | Compensation |
| Douglas C. Taylor Former Affiliate | May 19, 2026 | 8,800 | $91.32K | May 19, 2026 | Restricted stock vesting under a registered plan |
| Douglas C. Taylor 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 |
| The Celso Lourenco Goncalves GRAT 5/9/2025 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 |
| Douglas C. Taylor 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 |
See a number that looks wrong?