CLEVELAND-CLIFFS INC NEW

Ticker: CLF CUSIP: 185899101 Class: COM

TECTONIC ADVISORS LLC's Holding History (CIK: 0001859918)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 164,574 Value ($000) $2,186 Avg Close $12.63 Range $9.90 - $16.70

Q3 2025

Shares 168,305 Value ($000) $2,053 Avg Close $10.52 Range $7.42 - $13.05

Q2 2025

Shares 189,747 Value ($000) $1,442 Avg Close $7.43 Range $5.63 - $9.19

Q1 2025

Shares 189,143 Value ($000) $1,555 Avg Close $10.16 Range $7.91 - $12.26

Q4 2024

Shares 134,814 Value ($000) $1,267 Avg Close $12.05 Range $8.99 - $14.34

Q3 2024

Shares 101,177 Value ($000) $1,292 Avg Close $13.58 Range $10.21 - $16.47

Q2 2024

Shares 73,996 Value ($000) $1,139 Avg Close $17.91 Range $14.29 - $22.97

Q1 2024

Shares 68,303 Value ($000) $1,553 Avg Close $19.82 Range $17.46 - $22.78

Q4 2023

Shares 53,929 Value ($000) $1,101 Avg Close $17.12 Range $14.14 - $21.41

Q3 2023

Shares 56,347 Value ($000) $881 Avg Close $15.61 Range $13.84 - $18.00

Q2 2023

Shares 53,149 Value ($000) $891 Avg Close $15.86 Range $13.61 - $18.73

Q1 2023

Shares 47,569 Value ($000) $872 Avg Close $19.80 Range $16.31 - $22.83

Q4 2022

Shares 46,235 Value ($000) $745 Avg Close $15.06 Range $11.83 - $17.56

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	164,574	$2,186	$12.63	$9.90 - $16.70
Q3 2025	168,305	$2,053	$10.52	$7.42 - $13.05
Q2 2025	189,747	$1,442	$7.43	$5.63 - $9.19
Q1 2025	189,143	$1,555	$10.16	$7.91 - $12.26
Q4 2024	134,814	$1,267	$12.05	$8.99 - $14.34
Q3 2024	101,177	$1,292	$13.58	$10.21 - $16.47
Q2 2024	73,996	$1,139	$17.91	$14.29 - $22.97
Q1 2024	68,303	$1,553	$19.82	$17.46 - $22.78
Q4 2023	53,929	$1,101	$17.12	$14.14 - $21.41
Q3 2023	56,347	$881	$15.61	$13.84 - $18.00
Q2 2023	53,149	$891	$15.86	$13.61 - $18.73
Q1 2023	47,569	$872	$19.80	$16.31 - $22.83
Q4 2022	46,235	$745	$15.06	$11.83 - $17.56