Caterpillar
CAT
1,160 hedge funds and large institutions have $40.7B invested in Caterpillar in 2014 Q1 according to their latest regulatory filings, with 106 funds opening new positions, 382 increasing their positions, 524 reducing their positions, and 73 closing their positions.
45% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 73
11% more capital invested
Capital invested by funds: $36.6B → $40.7B (+$4.07B)
2% more funds holding
Funds holding: 1,140 → 1,160 (+20)
0.76% more ownership
Funds ownership: 63.58% → 64.33% (+0.76%)
11% less funds holding in top 10
Funds holding in top 10: 27 → 24 (-3)
21% less call options, than puts
Call options by funds: $1.19B | Put options by funds: $1.52B
27% less repeat investments, than reductions
Existing positions increased: 382 | Existing positions reduced: 524
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$468M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$278M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$177M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$159M |
| 5 |
O
OppenheimerFunds
New York
|
+$147M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$472M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$137M |
| 3 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$100M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$94.9M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$91.5M |
CAT Hedge Fund Activity: Q1 2014 in Review
1,160 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Caterpillar (CAT) for Q1 2014, worth a combined $40.7B — up 11% from $36.6B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new CAT positions and 73 closed out — a net gain of 33 holders — while 382 added to existing stakes and 524 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $468M. The largest seller was State Street, cutting an estimated $472M.
- 1,160 institutional investors held Caterpillar (CAT) as of Q1 2014, up from 1,140 in Q4 2013.
- Funds reported $40.7B of Caterpillar stock for Q1 2014, up 11% quarter-over-quarter.
- 106 funds opened new Caterpillar positions in Q1 2014 and 73 closed out, a net change of +33 holders.
- The largest Caterpillar buyer in Q1 2014 was Fidelity Investments, an estimated $468M added.
- The largest Caterpillar seller in Q1 2014 was State Street, an estimated $472M sold.
Based on aggregated 13F filings for Q1 2014.