Clearfield

CLFD • NASDAQ

Clearfield is a communication equipment company in the technology sector on NASDAQ, led by Cheryl Beranek, with a market cap of $410.2M. As of Q3 2025, 63% of shares are held by 126 institutional investors, with BlackRock, Inc. as the largest holder at 6.86%.

Chief Executive OfficerCheryl Beranek

Market Cap$410.2M

Communication Equipment

Technology

Employees400.0

Websiteseeclearfield.com

Country

United States of America

Overview

Overview of institutional ownership in CLFD as of Q3 2025 with a market cap of $474.7M

All Institutions

Institutions: 126
Value Held: $301.4M
Shares Held: 8.8M
Avg Position: $2.4M
Median Position: $394.3K

Hedge Funds

Hedge Funds: 24
Value Held: $67.6M
Shares Held: 2.0M
Avg Position: $2.8M
Median Position: $768.3K

Ownership Breakdown

Institutional (non-HF)

49.25%

$233.8M

Hedge Funds

14.25%

$67.6M

Retail & Other

36.51%

$173.3M

Based on market cap of $474.7M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in CLFD as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$32.5M 0.00% of portfolio	6.86% 946.6K shares	Q1 2016 Held for 9y 8m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$32.3M 0.00% of portfolio	6.81% 940.0K shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
M MAIRS & POWER INC Institution	-	$25.1M 0.24% of portfolio	5.29% 730.8K shares	Q4 2022 Held for 2y 11m	$10.6B
ACK Asset Management LLC Hedge Fund•Long/Short	John Henry Reilly Managing Partner	$21.5M 2.56% of portfolio	4.53% 625.2K shares	Q4 2023 Held for 1y 11m	$839.5M
C COOPER CREEK PARTNERS MANAGEMENT LLC Hedge Fund•Long/Short	Robert (Nmn) Schwartz CEO	$16.5M 0.63% of portfolio	3.47% 479.7K shares	Q3 2022 Held for 3y 2m	$2.6B
R ROYCE & ASSOCIATES LLC Institution	-	$14.4M 0.14% of portfolio	3.04% 419.8K shares	Q1 2015 Held for 10y 8m	$10.0B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$11.9M 0.00% of portfolio	2.50% 345.8K shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$9.9M 0.00% of portfolio	2.09% 288.5K shares	Q2 2014 Held for 11y 5m	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$9.7M 0.00% of portfolio	2.05% 283.2K shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Long Only Manager	Andrew John Matysik CEO	$9.0M 0.53% of portfolio	1.90% 262.6K shares	Q1 2024 Held for 1y 8m	$1.7B

Net Capital Flow

Institutional buying and selling activity for CLFD in Q3 2025

Traded: +$14.9M
Buyers: 65
Sellers: 57
Total Bought: +$46.9M
Total Sold: −$32.0M
Avg Position: $2.1M

Biggest Buyers

Institution	Net Bought	Current Position
C COOPER CREEK PARTNERS MANAGEMENT LLC Hedge Fund•Long/Short	+$15.6M +453.2K shares	$16.5M 479.7K shares
Ancora Advisors, LLC RIA/Wealth	+$5.0M +146.7K shares	$6.2M 179.6K shares
R Russell Investments Group, Ltd. RIA/Wealth	+$4.0M +115.6K shares	$5.4M 156.0K shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	+$3.1M +88.8K shares	$3.1M 88.8K shares
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Long Only Manager	+$2.9M +85.6K shares	$9.0M 262.6K shares
D Divisadero Street Capital Management, LP Hedge Fund•Long/Short	+$1.6M +46.3K shares	$3.3M 94.6K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$1.5M +44.4K shares	$1.7M 49.8K shares
Trexquant Investment LP Hedge Fund•Quant	+$991.6K +28.8K shares	$3.1M 88.9K shares
GOLDMAN SACHS GROUP INC Institution	+$851.4K +24.8K shares	$2.5M 73.8K shares
PRINCIPAL FINANCIAL GROUP INC Institution	+$799.4K +23.3K shares	$799.4K 23.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
G G2 Investment Partners Management LLC Hedge Fund•Long/Short	−$7.1M −205.9K shares	$859.5K 25.0K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$6.8M −197.2K shares	$4.0M 115.7K shares
R ROYCE & ASSOCIATES LLC Institution	−$1.7M −48.3K shares	$14.4M 419.8K shares
BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds	−$1.6M −45.2K shares	$271.5K 7.9K shares
R ROYAL BANK OF CANADA Institution	−$1.5M −42.4K shares	$7.7M 224.1K shares
M MAIRS & POWER INC Institution	−$1.1M −31.4K shares	$25.1M 730.8K shares
BANK OF AMERICA CORP /DE/ Institution	−$938.0K −27.3K shares	$879.9K 25.6K shares
JPMORGAN CHASE & CO Institution	−$931.9K −27.1K shares	$7.6M 220.0K shares
MORGAN STANLEY RIA/Wealth	−$840.5K −24.4K shares	$2.5M 72.3K shares
Aquatic Capital Management LLC Hedge Fund•Quant	−$735.8K −17.0K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited CLFD in Q3 2025

New Positions: 8
New Value: $2.7M
Exited Positions: 17
Exited Value: $4.3M

New Positions

Institution	Position Value
Atom Investors LP Hedge Fund•Market Neutral	$778.5K 22.6K shares
E EntryPoint Capital, LLC Hedge Fund•Long/Short	$758.0K 22.0K shares
AMH Equity Ltd Hedge Fund•Long/Short	$639.5K 18.6K shares
P PharVision Advisers, LLC Hedge Fund•Long/Short	$244.0K 7.1K shares
OPPENHEIMER ASSET MANAGEMENT INC. RIA/Wealth	$235.1K 6.8K shares
O Optiver Holding B.V. Institution	$3.6K 106.0 shares
SRS Capital Advisors, Inc. RIA/Wealth	$2.1K 60.0 shares
Sontag Advisory, LLC RIA/Wealth	$2.1K 60.0 shares

Exited Positions

Institution	Previous Position
Aquatic Capital Management LLC Hedge Fund•Quant	$735.8K 17.0K shares
LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC Long Only Manager	$649.9K 15.0K shares
Levin Easterly Partners LLC Long Only Manager	$481.3K 11.1K shares
H HRT FINANCIAL LLC Institution	$451.3K 10.4K shares
WHITE PINE CAPITAL LLC RIA/Wealth	$341.9K 7.9K shares
X XTX Topco Ltd Institution	$326.1K 7.5K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$283.2K 6.5K shares
B Brevan Howard Capital Management LP Institution	$255.2K 5.9K shares
Cornerstone Investment Partners, LLC RIA/Wealth	$241.8K 5.6K shares
Semanteon Capital Management, LP Hedge Fund•Long/Short	$222.4K 5.1K shares

Options Activity

Institutions with the largest Call and Put options positions in CLFD as of Q3 2025

Call Positions: 4
Call Value: $2.7M
Put Positions: 1
Put Value: -

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.8M 538.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$581.0K 169.0 contracts
J JANE STREET GROUP, LLC Institution	$247.5K 72.0 contracts
W WOLVERINE TRADING, LLC Institution	- - contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Most Committed Institutions

Institutions with CLFD as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
ACK Asset Management LLC Hedge Fund•Long/Short	John Henry Reilly Managing Partner	2.56% $21.5M	4.53% 625.2K shares	Q4 2023 Held for 1y 11m	$839.5M
Drum Hill Capital, LLC RIA/Wealth	David Cleaves Nightingale CIO	1.87% $1.7M	0.36% 49.2K shares	Q4 2024 Held for 11 months	$90.7M
AMH Equity Ltd Hedge Fund•Long/Short	Adam Michael Hutt President	0.81% $639.5K	0.13% 18.6K shares	Q3 2025 Held for 2 months	$78.8M
C COOPER CREEK PARTNERS MANAGEMENT LLC Hedge Fund•Long/Short	Robert (Nmn) Schwartz CEO	0.63% $16.5M	3.47% 479.7K shares	Q3 2022 Held for 3y 2m	$2.6B
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Long Only Manager	Andrew John Matysik CEO	0.53% $9.0M	1.90% 262.6K shares	Q1 2024 Held for 1y 8m	$1.7B
W Wealth Group Ltd Institution	-	0.38% $1.6M	0.34% 47.0K shares	Q4 2023 Held for 1y 11m	$424.5M
Nierenberg Investment Management Company, Inc. Hedge Fund•Value	Damon Laughlin Benedict President	0.31% $567.6K	0.12% 16.5K shares	Q3 2023 Held for 2y 2m	$180.9M
E EntryPoint Capital, LLC Hedge Fund•Long/Short	Lawrence Edward Leibowitz CEO	0.29% $758.0K	0.16% 22.0K shares	Q3 2025 Held for 2 months	$258.4M
M MAIRS & POWER INC Institution	-	0.24% $25.1M	5.29% 730.8K shares	Q4 2022 Held for 2y 11m	$10.6B
G G2 Investment Partners Management LLC Hedge Fund•Long/Short	Joshua M Goldberg Managing Partner	0.18% $859.5K	0.18% 25.0K shares	Q2 2025 Held for 5 months	$467.4M