Caterpillar
CAT
1,559 hedge funds and large institutions have $48.7B invested in Caterpillar in 2018 Q4 according to their latest regulatory filings, with 199 funds opening new positions, 565 increasing their positions, 581 reducing their positions, and 156 closing their positions.
28% more first-time investments, than exits
New positions opened: 199 | Existing positions closed: 156
2% more funds holding
Funds holding: 1,531 → 1,559 (+28)
3% less repeat investments, than reductions
Existing positions increased: 565 | Existing positions reduced: 581
1.81% less ownership
Funds ownership: 67.33% → 65.53% (-1.8%)
9% less funds holding in top 10
Funds holding in top 10: 32 → 29 (-3)
11% less call options, than puts
Call options by funds: $1.55B | Put options by funds: $1.74B
20% less capital invested
Capital invested by funds: $60.8B → $48.7B (-$12.1B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sanders Capital
West Palm Beach,
Florida
|
+$384M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$178M |
| 3 |
Harris Associates
Chicago,
Illinois
|
+$128M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$103M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$78.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$692M |
| 2 |
Jennison Associates
New York
|
-$680M |
| 3 |
SCM
Suvretta Capital Management
New York
|
-$194M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$165M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$122M |
CAT Hedge Fund Activity: Q4 2018 in Review
1,559 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Caterpillar (CAT) for Q4 2018, worth a combined $48.7B — down 20% from $60.8B a quarter earlier.
Buyers outnumbered sellers: 199 funds opened new CAT positions and 156 closed out — a net gain of 43 holders — while 565 added to existing stakes and 581 trimmed.
The largest buyer was Sanders Capital, opening a new position worth an estimated $384M. The largest seller was Capital World Investors, cutting an estimated $692M.
- 1,559 institutional investors held Caterpillar (CAT) as of Q4 2018, up from 1,531 in Q3 2018.
- Funds reported $48.7B of Caterpillar stock for Q4 2018, down 20% quarter-over-quarter.
- 199 funds opened new Caterpillar positions in Q4 2018 and 156 closed out, a net change of +43 holders.
- The largest Caterpillar buyer in Q4 2018 was Sanders Capital, an estimated $384M added.
- The largest Caterpillar seller in Q4 2018 was Capital World Investors, an estimated $692M sold.
Based on aggregated 13F filings for Q4 2018.