[SCHEDULE 13G] Cleveland-Cliffs Inc. SEC Filing
State Street Corporation reported ownership of 27,450,442 shares of Cleveland-Cliffs common stock, representing 5.5% of the class. The filing shows no sole voting or dispositive power and records 25,975,389 shares of shared voting power and 27,450,442 shares of shared dispositive power. The filer states the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
The schedule identifies several State Street affiliates that hold the positions, including SSGA Funds Management and multiple State Street Global Advisors entities. This disclosure documents a material passive stake above the 5% reporting threshold without an asserted intent to affect control.
State Street Corporation ha dichiarato di detenere 27.450.442 azioni ordinarie di Cleveland-Cliffs, pari al 5,5% della classe. La comunicazione indica assenza di potere di voto o di disposizione esclusivo e riporta 25.975.389 azioni con potere di voto condiviso e 27.450.442 azioni con potere di disposizione condiviso. Il dichiarante afferma che i titoli sono detenuti nell'ordinaria attivit脿 di gestione e non con l'intenzione di modificare o influenzare il controllo dell'emittente.
Il documento identifica diverse affiliate di State Street che detengono queste posizioni, tra cui SSGA Funds Management e varie entit脿 di State Street Global Advisors. Questa comunicazione documenta una partecipazione passiva rilevante oltre la soglia di segnalazione del 5% senza un intento dichiarato di incidere sul controllo.
State Street Corporation declar贸 poseer 27.450.442 acciones ordinarias de Cleveland-Cliffs, equivalentes al 5,5% de la clase. La presentaci贸n muestra ausencia de poder de voto o de disposici贸n exclusivo y registra 25.975.389 acciones con poder de voto compartido y 27.450.442 acciones con poder de disposici贸n compartido. El declarante indica que los valores se mantienen en el curso normal del negocio y no con el prop贸sito de cambiar o influir en el control del emisor.
El formulario identifica varias filiales de State Street que mantienen estas posiciones, incluidas SSGA Funds Management y varias entidades de State Street Global Advisors. Esta divulgaci贸n documenta una participaci贸n pasiva material por encima del umbral del 5% sin intenci贸n declarada de afectar el control.
State Street Corporation電� Cleveland-Cliffs 氤错喌欤� 27,450,442欤�(頃措嫻 韥措灅鞀れ潣 5.5%)毳� 氤挫湢頃橁碃 鞛堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 鞝涤稖靹滊鞐愲姅 雼弲 鞚橁舶甓� 霕愲姅 雼弲 觳橂秳甓岇澊 鞐嗢潓鞙茧 響滉赴霅橃柎 鞛堨溂氅� 25,975,389欤检潣 瓿惦彊 鞚橁舶甓�瓿� 27,450,442欤检潣 瓿惦彊 觳橂秳甓�鞚� 旮半頃橁碃 鞛堨姷雼堧嫟. 鞝滌稖鞚胳潃 頃措嫻 歃濌秾鞚� 鞓侅梾靸� 韱奠儊鞝侅澑 氩旍渼 雮挫棎靹� 氤挫湢霅� 瓴冹澊氅� 氚滍枆鞚胳潣 歆�氚瓣秾鞚� 氤�瓴巾晿瓯半倶 鞓來枼霠レ潉 頄夓偓頃� 氇╈爜鞙茧 氤挫湢霅� 瓴冹澊 鞎勲媹霛缄碃 氚濏瀳瓿� 鞛堨姷雼堧嫟.
鞚检爼鞐愲姅 SSGA Funds Management鞕� 鞐煬 State Street Global Advisors 瓿勳棿靷ゼ 韽暔頃� 鞚措煬頃� 歆�鞙勲ゼ 氤挫湢頃� 鞐煬 State Street 瓿勳棿靷皜 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. 鞚� 瓿奠嫓電� 5% 氤搓碃 旮办鞚� 靸來殞頃橂姅 欷戩殧頃� 靾橂彊鞝� 歆�攵勳潉 氍胳劀頇旐晿氅�, 歆�氚办棎 鞓來枼鞚� 氙胳箻霠る姅 鞚橂弰臧� 欤检灔霅橃 鞎婌晿鞚岇潉 氤挫棳欷嶋媹雼�.
State Street Corporation a d茅clar茅 d茅tenir 27 450 442 actions ordinaires de Cleveland-Cliffs, soit 5,5 % de la cat茅gorie. Le d茅p么t indique aucun pouvoir de vote ou de disposition exclusif et enregistre 25 975 389 actions avec pouvoir de vote partag茅 et 27 450 442 actions avec pouvoir de disposition partag茅. Le d茅clarant pr茅cise que les titres sont d茅tenus dans le cours normal des affaires et non dans le but de modifier ou d'influencer le contr么le de l'茅metteur.
Le formulaire identifie plusieurs filiales de State Street qui d茅tiennent ces positions, notamment SSGA Funds Management et plusieurs entit茅s de State Street Global Advisors. Cette divulgation documente une participation passive significative au鈥慸essus du seuil de d茅claration de 5 % sans intention d茅clar茅e d'affecter le contr么le.
State Street Corporation gab an, 27.450.442 Stammaktien von Cleveland-Cliffs zu halten, was 5,5% der Klasse entspricht. Die Einreichung weist keine alleinigen Stimm- oder Verf眉gungsrechte aus und verzeichnet 25.975.389 Aktien mit gemeinsamem Stimmrecht sowie 27.450.442 Aktien mit gemeinsamem Verf眉gungsrecht. Der Melder erkl盲rt, dass die Wertpapiere im normalen Gesch盲ftsverlauf gehalten werden und nicht mit der Absicht, die Kontrolle 眉ber den Emittenten zu 盲ndern oder zu beeinflussen.
Der Bericht nennt mehrere State Street-Gesellschaften, die diese Positionen halten, darunter SSGA Funds Management und verschiedene Einheiten von State Street Global Advisors. Diese Offenlegung dokumentiert eine wesentliche passive Beteiligung oberhalb der 5%-Meldegrenze, ohne geltend gemachte Absicht, die Kontrolle zu beeinflussen.
- Material institutional ownership disclosed: State Street reports beneficial ownership of 27,450,442 shares (5.5%), providing transparency to the market
- None.
Insights
TL;DR State Street reports a material passive stake of 27.45M shares (5.5%) in CLF with shared voting and dispositive authority.
State Street's Schedule 13G discloses beneficial ownership of 27,450,442 shares, equal to 5.5% of Cleveland-Cliffs outstanding common stock. The position is reported with shared voting power of 25,975,389 shares and shared dispositive power of 27,450,442 shares, with no sole voting or dispositive power. The filer certifies the holdings are in the ordinary course of business and not intended to change control, consistent with a passive institutional investor reporting under Rule 13d-1(b).
TL;DR A major asset manager reports a passive, above-5% stake; governance influence appears limited by the declared passive status.
The disclosure names multiple State Street Global Advisors affiliates as the entities associated with the reported position. Although the stake exceeds the 5% threshold triggering Schedule 13G reporting, the filing includes a certification that the securities are not held to influence control. For governance considerations, the shared voting power of ~26.0M shares is the key figure for assessing potential collective influence, but the filing asserts a passive intent.
State Street Corporation ha dichiarato di detenere 27.450.442 azioni ordinarie di Cleveland-Cliffs, pari al 5,5% della classe. La comunicazione indica assenza di potere di voto o di disposizione esclusivo e riporta 25.975.389 azioni con potere di voto condiviso e 27.450.442 azioni con potere di disposizione condiviso. Il dichiarante afferma che i titoli sono detenuti nell'ordinaria attivit脿 di gestione e non con l'intenzione di modificare o influenzare il controllo dell'emittente.
Il documento identifica diverse affiliate di State Street che detengono queste posizioni, tra cui SSGA Funds Management e varie entit脿 di State Street Global Advisors. Questa comunicazione documenta una partecipazione passiva rilevante oltre la soglia di segnalazione del 5% senza un intento dichiarato di incidere sul controllo.
State Street Corporation declar贸 poseer 27.450.442 acciones ordinarias de Cleveland-Cliffs, equivalentes al 5,5% de la clase. La presentaci贸n muestra ausencia de poder de voto o de disposici贸n exclusivo y registra 25.975.389 acciones con poder de voto compartido y 27.450.442 acciones con poder de disposici贸n compartido. El declarante indica que los valores se mantienen en el curso normal del negocio y no con el prop贸sito de cambiar o influir en el control del emisor.
El formulario identifica varias filiales de State Street que mantienen estas posiciones, incluidas SSGA Funds Management y varias entidades de State Street Global Advisors. Esta divulgaci贸n documenta una participaci贸n pasiva material por encima del umbral del 5% sin intenci贸n declarada de afectar el control.
State Street Corporation電� Cleveland-Cliffs 氤错喌欤� 27,450,442欤�(頃措嫻 韥措灅鞀れ潣 5.5%)毳� 氤挫湢頃橁碃 鞛堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 鞝涤稖靹滊鞐愲姅 雼弲 鞚橁舶甓� 霕愲姅 雼弲 觳橂秳甓岇澊 鞐嗢潓鞙茧 響滉赴霅橃柎 鞛堨溂氅� 25,975,389欤检潣 瓿惦彊 鞚橁舶甓�瓿� 27,450,442欤检潣 瓿惦彊 觳橂秳甓�鞚� 旮半頃橁碃 鞛堨姷雼堧嫟. 鞝滌稖鞚胳潃 頃措嫻 歃濌秾鞚� 鞓侅梾靸� 韱奠儊鞝侅澑 氩旍渼 雮挫棎靹� 氤挫湢霅� 瓴冹澊氅� 氚滍枆鞚胳潣 歆�氚瓣秾鞚� 氤�瓴巾晿瓯半倶 鞓來枼霠レ潉 頄夓偓頃� 氇╈爜鞙茧 氤挫湢霅� 瓴冹澊 鞎勲媹霛缄碃 氚濏瀳瓿� 鞛堨姷雼堧嫟.
鞚检爼鞐愲姅 SSGA Funds Management鞕� 鞐煬 State Street Global Advisors 瓿勳棿靷ゼ 韽暔頃� 鞚措煬頃� 歆�鞙勲ゼ 氤挫湢頃� 鞐煬 State Street 瓿勳棿靷皜 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. 鞚� 瓿奠嫓電� 5% 氤搓碃 旮办鞚� 靸來殞頃橂姅 欷戩殧頃� 靾橂彊鞝� 歆�攵勳潉 氍胳劀頇旐晿氅�, 歆�氚办棎 鞓來枼鞚� 氙胳箻霠る姅 鞚橂弰臧� 欤检灔霅橃 鞎婌晿鞚岇潉 氤挫棳欷嶋媹雼�.
State Street Corporation a d茅clar茅 d茅tenir 27 450 442 actions ordinaires de Cleveland-Cliffs, soit 5,5 % de la cat茅gorie. Le d茅p么t indique aucun pouvoir de vote ou de disposition exclusif et enregistre 25 975 389 actions avec pouvoir de vote partag茅 et 27 450 442 actions avec pouvoir de disposition partag茅. Le d茅clarant pr茅cise que les titres sont d茅tenus dans le cours normal des affaires et non dans le but de modifier ou d'influencer le contr么le de l'茅metteur.
Le formulaire identifie plusieurs filiales de State Street qui d茅tiennent ces positions, notamment SSGA Funds Management et plusieurs entit茅s de State Street Global Advisors. Cette divulgation documente une participation passive significative au鈥慸essus du seuil de d茅claration de 5 % sans intention d茅clar茅e d'affecter le contr么le.
State Street Corporation gab an, 27.450.442 Stammaktien von Cleveland-Cliffs zu halten, was 5,5% der Klasse entspricht. Die Einreichung weist keine alleinigen Stimm- oder Verf眉gungsrechte aus und verzeichnet 25.975.389 Aktien mit gemeinsamem Stimmrecht sowie 27.450.442 Aktien mit gemeinsamem Verf眉gungsrecht. Der Melder erkl盲rt, dass die Wertpapiere im normalen Gesch盲ftsverlauf gehalten werden und nicht mit der Absicht, die Kontrolle 眉ber den Emittenten zu 盲ndern oder zu beeinflussen.
Der Bericht nennt mehrere State Street-Gesellschaften, die diese Positionen halten, darunter SSGA Funds Management und verschiedene Einheiten von State Street Global Advisors. Diese Offenlegung dokumentiert eine wesentliche passive Beteiligung oberhalb der 5%-Meldegrenze, ohne geltend gemachte Absicht, die Kontrolle zu beeinflussen.
FAQ
Who filed the Schedule 13G for Cleveland-Cliffs (CLF)?
How many CLF shares does State Street report owning and what percent is that?
What voting and dispositive powers does State Street report for CLF shares?
Does the filing indicate State Street intends to influence control of Cleveland-Cliffs?
Which State Street affiliates are identified as related holders?
