Caterpillar
CAT
1,169 hedge funds and large institutions have $46.2B invested in Caterpillar in 2014 Q2 according to their latest regulatory filings, with 75 funds opening new positions, 383 increasing their positions, 523 reducing their positions, and 61 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 24 → 32 (+8)
23% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 61
14% more capital invested
Capital invested by funds: $40.7B → $46.2B (+$5.5B)
3.7% more ownership
Funds ownership: 64.33% → 68.03% (+3.7%)
1% more funds holding
Funds holding: 1,160 → 1,169 (+9)
27% less repeat investments, than reductions
Existing positions increased: 383 | Existing positions reduced: 523
28% less call options, than puts
Call options by funds: $1.05B | Put options by funds: $1.47B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$451M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$390M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$280M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$255M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$195M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$352M |
| 2 |
Goldman Sachs
New York
|
-$239M |
| 3 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$153M |
| 4 |
ClearBridge Investments
New York
|
-$148M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$105M |
CAT Hedge Fund Activity: Q2 2014 in Review
1,169 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Caterpillar (CAT) for Q2 2014, worth a combined $46.2B — up 14% from $40.7B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new CAT positions and 61 closed out — a net gain of 14 holders — while 383 added to existing stakes and 523 trimmed.
The largest buyer was Waddell & Reed Financial, adding an estimated $451M. The largest seller was State Street, cutting an estimated $352M.
- 1,169 institutional investors held Caterpillar (CAT) as of Q2 2014, up from 1,160 in Q1 2014.
- Funds reported $46.2B of Caterpillar stock for Q2 2014, up 14% quarter-over-quarter.
- 75 funds opened new Caterpillar positions in Q2 2014 and 61 closed out, a net change of +14 holders.
- The largest Caterpillar buyer in Q2 2014 was Waddell & Reed Financial, an estimated $451M added.
- The largest Caterpillar seller in Q2 2014 was State Street, an estimated $352M sold.
Based on aggregated 13F filings for Q2 2014.