The mixed institutional cluster with net selling from quant funds (Millennium, Susquehanna) and net buying from asset managers suggests no clear catalyst. Monitor for a potential catalyst (e.g., RNG policy, earnings inflection) that could resolve the divergence.
Executive Summary
Institutional activity in CLNE for 2026-Q2 is mixed: 9 buyers accumulated $2.8M net (led by American Century doubling to $3.3M), while 7 sellers reduced by $4.2M (led by Millennium and Susquehanna near-exiting). The buying is dominated by asset managers and passive funds, while the selling includes quant and active traders. The cluster does not suggest a strong directional catalyst.
Key Financial Metrics
Institutional Positions
Net institutional flow: -$1.4M
▲ Buyers (9)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| American Century Companies | DOUBLED | +357.8% | $3.3M | $2.4M |
| Fidelity | DOUBLED | +348.2% | $155.0K | $113.0K |
| Wells Fargo | DOUBLED | +106.2% | $313.0K | $129.0K |
| UBS | ADD | +33.1% | $932.0K | $85.0K |
| Royal Bank Of Canada | DOUBLED | +488.4% | $67.0K | $54.0K |
▼ Sellers (7)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Millennium | NEAR_EXIT | -82.9% | $2.7M | -$2.3M |
| Susquehanna International Group | NEAR_EXIT | -81.2% | $770.0K | -$650.6K |
| JPMorgan | TRIM | -27.6% | $1.2M | -$551.9K |
| BofA | TRIM | -33.4% | $871.0K | -$391.7K |
| Jane Street Group | TRIM | -68.4% | $224.0K | -$165.2K |
Key Facts
- 9 buyers added $2.8M in new positions; 7 sellers reduced by $4.2M
- American Century doubled its stake to $3.3M (357.8% increase)
- Millennium near-exited 82.9% of its position, selling $2.3M
- Susquehanna near-exited 81.2% of its position, selling $651K
- Insider buying (2 open-market buys, $109K total) provides mild corroboration
- Net institutional flow is negative (-$1.4M) despite more buyers than sellers
Financial Impact
9 buyers added $2.8M in new positions while 7 sellers reduced by $4.2M, resulting in a net negative flow of -$1.4M
Risk Factors
- Net institutional selling outweighs buying in dollar terms
- Quant funds (Millennium, Susquehanna) are reducing exposure aggressively
- 13F data is 45+ days stale; positions may have been unwound
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-CLNE-2026-Q2 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 7, 2026 19d ago | 3 | $1.52 | awaiting T+60 | — | — |
Oct 6, 2026 20d ago | 8-K | $1.56 | awaiting T+60 | — | — |
Aug 21, 2026 9w ago | Institutional Cluster | $1.62 | awaiting T+60 | — | — |
May 7, 2026 24w ago | 8-K | $2.21 $1.87 | ▼ −15.38% | ▼ −20.22% | — |
Apr 30, 2026 25w ago | DEFA14A | $2.30 $1.96 | ▼ −14.78% | ▼ −17.89% | — |
Apr 23, 2026 26w ago | 8-K | $2.39 $2.17 | ▼ −9.21% | ▼ −14.22% | — |
Feb 24, 2026 34w ago | 8-K | $2.39 $1.99 | ▲ +16.74% | ▲ +23.69% | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers