Caterpillar
CAT
1,057 hedge funds and large institutions have $31B invested in Caterpillar in 2016 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 391 increasing their positions, 439 reducing their positions, and 75 closing their positions.
1% more capital invested
Capital invested by funds: $30.6B → $31B (+$400M)
1.35% less ownership
Funds ownership: 71.33% → 69.98% (-1.3%)
2% less funds holding
Funds holding: 1,084 → 1,057 (-27)
11% less repeat investments, than reductions
Existing positions increased: 391 | Existing positions reduced: 439
20% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 75
25% less call options, than puts
Call options by funds: $1.06B | Put options by funds: $1.41B
35% less funds holding in top 10
Funds holding in top 10: 17 → 11 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$491M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$64.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$62.4M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$35.9M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$29.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$796M |
| 2 |
State Street
Boston,
Massachusetts
|
-$103M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$98M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$40.2M |
| 5 |
TPCM
Tide Point Capital Management
Old Greenwich,
Connecticut
|
-$38.3M |
CAT Hedge Fund Activity: Q2 2016 in Review
1,057 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Caterpillar (CAT) for Q2 2016, worth a combined $31B — up 1.3% from $30.6B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of CAT and 60 opened new positions — a net loss of 15 holders — while 439 trimmed existing stakes and 391 added.
The largest buyer was Fidelity Investments, adding an estimated $491M. The largest seller was Royal London Asset Management, cutting an estimated $796M.
- 1,057 institutional investors held Caterpillar (CAT) as of Q2 2016, down from 1,084 in Q1 2016.
- Funds reported $31B of Caterpillar stock for Q2 2016, up 1.3% quarter-over-quarter.
- 60 funds opened new Caterpillar positions in Q2 2016 and 75 closed out, a net change of -15 holders.
- The largest Caterpillar buyer in Q2 2016 was Fidelity Investments, an estimated $491M added.
- The largest Caterpillar seller in Q2 2016 was Royal London Asset Management, an estimated $796M sold.
Based on aggregated 13F filings for Q2 2016.