CLIFFS NAT RES INC

CUSIP: 18683K101 Class: COMMON STOCK

IPG Investment Advisors LLC's Holding History (CIK: 0001602237)

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

Q3 2016
Shares 21,000 Value ($000) $122,850 Avg Close — Range —
Q4 2015
Shares 13,500 Value ($000) $21,330 Avg Close — Range —