Current position

Stanley Druckenmiller’s Cleveland-Cliffs Inc New (CLF) position

Reported position history, portfolio importance and verified filing changes from public SEC disclosures.

Duquesne Family OfficeVerified through Q2 2026
Relationship snapshot

At a glance

The full verified relationship, including prior ownership episodes and exits where supported.

First reportedQ3 2025Earliest verified positive filing snapshot
Latest statusCurrent positionBased on the latest supported relationship state
Peak shares4.22MHighest verified quarter-end share count
Quarters reported4Verified quarters with shares above zero
What happened?

Duquesne Family Office first reported Cleveland-Cliffs Inc New in Q3 2025. The reported position was increased and reduced across later filings. Duquesne Family Office currently reports 4.22M shares. The latest verified filing showed: Bought 82.2% more.

Verified SEC history

Position over time

See the same verified relationship through reported shares, portfolio weight or reported value.

Metric

Gaps indicate periods that cannot be safely connected or where a verified corporate action changes the raw share scale. Stock price, when available, is market context and not a transaction price.

Key filing events

What changed

Latest filing plus the most meaningful reported changes. Unchanged quarters are collapsed by default.

Q2 2026
Bought 82.2% more+1.90M shares · 4.22M shares reported after the change
Filing context

Quarter-end price $9.39 · Estimated holding basis $10.43

Q1 2026
Bought 32.5% more+567.80K shares · 2.31M shares reported after the change
Filing context

Quarter-end price $8.45 · Estimated holding basis $11.28

Q4 2025
Sold 35.7% of the position−969.38K shares · 1.75M shares remained
Filing context

Quarter-end price $13.28 · Estimated holding basis $12.20

Q3 2025
New position+2.72M shares · 2.72M shares reported
Filing context

Quarter-end price $12.20 · Estimated holding basis $12.20

Portfolio importance

How important is Cleveland-Cliffs Inc New in Duquesne Family Office’s reported portfolio?

Relative importance is measured only within the verified primary non-option reported portfolio for each quarter.

Current portfolio weight0.9%Q2 2026
Current rank#26of 86 reported positions
Peak portfolio weight0.9%Q2 2026
Best historical rank#26Q2 2026
At peak importanceQ2 2026
CLF
0.9%
Largest holding
19.9%
Cross-investor discovery

Who else owns Cleveland-Cliffs Inc New?

Also reported by 2 other tracked investors in their latest verified filings.

Explore Cleveland-Cliffs Inc New across all tracked investors →
SEC evidence & methodology

SEC filing evidence

Market context and filing-derived values are kept separate from actual transaction prices, which 13F filings do not disclose.

Latest verified stock price$12.062026-09-11

Market context only; not an investor transaction price.

Latest filing quarter-end price$9.39Q2 2026

Derived from validated reported value and shares where supported.

Estimated holding basis$10.43Historical reference — not actual purchase price

Calculated from supported filing history.

Latest verified investor filingQ2 2026 · filed 2026-08-14
Open SEC filing ↗

This tracker follows Duquesne Family Office LLC’s Form 13F disclosures—not Stanley Druckenmiller’s personal brokerage account. Form 13F reports quarter-end U.S.-listed positions and certain options, but it does not reveal exact trade dates, execution prices, short positions or the purpose of an option position.