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Michael Burry

Scion Asset Management

Michael Burry Cleveland-Cliffs Inc stake

total: 173

Scion Asset Management CLF trades

Total transactions:
4
New positions:
1
Sold out:
1
Added:
1
Reduced:
1
Held since:
2018 Q4
Held for:
3 quarters
Latest activity:
2019 Q3
According to 2025 Q3 report, Michael Burry doesn't hold any Cleveland-Cliffs Inc (CLF) shares. To date, the estimated cost basis is nearly $8.44 for "buy" trades and estimated average "sell" price is $10.53. Scion Asset Management first purchased CLF in 2018 Q4, initially acquiring about 1.04M shares. Since the initial investment in Cleveland-Cliffs Inc (CLF), Scion Asset Management has made 3 more transactions.

When did Michael Burry sell Cleveland-Cliffs Inc (CLF)?

Michael Burry sold off the entire Cleveland-Cliffs Inc (CLF) position in 2019 Q3.

When did Michael Burry buy Cleveland-Cliffs Inc (CLF)?

Michael Burry first invested in Cleveland-Cliffs Inc (CLF) in 2018 Q4 at the reported quarter-end price of $7.69 per share.

What's the cost basis of Scion Asset Management's CLF stake?

The estimated cost basis for Cleveland-Cliffs Inc (CLF) stake is around $8.44 per share. This represents their average reported price* across all buy transactions

Estimated cost basis*

Weighted AVG buy price:
$8.44
Weighted AVG sell price:
$10.53

Michael Burry's historical trades in Cleveland-Cliffs Inc

4 results
Period % of
portfolio
Shares
held after*
Reported
price*
Value* % (shares)
of activity
% change
to portfolio
2019 Q3
0.00%
$10.67
-100% (-1,100,000)
2019 Q2
12.54%
$10.67
+46.67% (+350,000)
2019 Q1
7.63%
$9.99
-28.02% (-291,934)
2018 Q4
7.74%
$7.69
new
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.