Ken Fisher Portfolio: 5 Biggest Small-Cap Positions

2. Cleveland-Cliffs Inc. (NYSE:CLF)

Market Capitalization as of October 4: $7.65 Billion
Fisher Asset Management’s Stake Value: $133.95 Million
Number of Hedge Fund Holders: 37

Cleveland-Cliffs Inc. (NYSE:CLF)  is one of the largest flat-rolled steel producers in North America. The company offers hot-rolled, cold-rolled, hot-dip galvanized, galvannealed, aluminized, galvalume, enameling, and advanced high-strength steel products. Cleveland-Cliffs Inc. (NYSE:CLF) owns five iron ore mines in the US and serves the automotive infrastructure manufacturing, distributors and converters, and steel producers.

Fisher first acquired stakes in Cleveland-Cliffs Inc. (NYSE:CLF)  in 2018 worth $108.48 million. The hedge fund has been buying and selling to take advantage of opportunities in the Basic materials segment. The small-cap stocks account for $0.07% of the Fisher Investments portfolio.

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