Caterpillar
CAT
1,115 hedge funds and large institutions have $31.5B invested in Caterpillar in 2015 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 401 increasing their positions, 476 reducing their positions, and 152 closing their positions.
1.84% less ownership
Funds ownership: 66.96% → 65.12% (-1.8%)
7% less funds holding
Funds holding: 1,198 → 1,115 (-83)
15% less capital invested
Capital invested by funds: $36.9B → $31.5B (-$5.46B)
16% less repeat investments, than reductions
Existing positions increased: 401 | Existing positions reduced: 476
38% less funds holding in top 10
Funds holding in top 10: 13 → 8 (-5)
45% less first-time investments, than exits
New positions opened: 83 | Existing positions closed: 152
56% less call options, than puts
Call options by funds: $816M | Put options by funds: $1.85B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$586M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$266M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$188M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$124M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$98.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$355M |
| 2 |
JP Morgan Chase
New York
|
-$293M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$217M |
| 4 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
-$135M |
| 5 |
Morgan Stanley
New York
|
-$127M |
CAT Hedge Fund Activity: Q1 2015 in Review
1,115 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Caterpillar (CAT) for Q1 2015, worth a combined $31.5B — down 15% from $36.9B a quarter earlier.
Sellers outnumbered buyers: 152 funds closed out of CAT and 83 opened new positions — a net loss of 69 holders — while 476 trimmed existing stakes and 401 added.
The largest buyer was Harris Associates, adding an estimated $586M. The largest seller was Fidelity Investments, cutting an estimated $355M.
- 1,115 institutional investors held Caterpillar (CAT) as of Q1 2015, down from 1,198 in Q4 2014.
- Funds reported $31.5B of Caterpillar stock for Q1 2015, down 15% quarter-over-quarter.
- 83 funds opened new Caterpillar positions in Q1 2015 and 152 closed out, a net change of -69 holders.
- The largest Caterpillar buyer in Q1 2015 was Harris Associates, an estimated $586M added.
- The largest Caterpillar seller in Q1 2015 was Fidelity Investments, an estimated $355M sold.
Based on aggregated 13F filings for Q1 2015.