Caterpillar
CAT
2,897 hedge funds and large institutions have $109B invested in Caterpillar in 2025 Q1 according to their latest regulatory filings, with 150 funds opening new positions, 1,181 increasing their positions, 1,117 reducing their positions, and 202 closing their positions.
12% more call options, than puts
Call options by funds: $2.44B | Put options by funds: $2.18B
6% more repeat investments, than reductions
Existing positions increased: 1,181 | Existing positions reduced: 1,117
1.18% less ownership
Funds ownership: 70.44% → 69.26% (-1.2%)
3% less funds holding
Funds holding: 3,001 → 2,897 (-104)
16% less capital invested
Capital invested by funds: $130B → $109B (-$21.4B)
26% less first-time investments, than exits
New positions opened: 150 | Existing positions closed: 202
36% less funds holding in top 10
Funds holding in top 10: 59 → 38 (-21)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$523M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$486M |
| 3 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$356M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$289M |
| 5 |
JP Morgan Chase
New York
|
+$224M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$2.97B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$1B |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$327M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$232M |
| 5 |
Amundi
Paris,
France
|
-$218M |
CAT Hedge Fund Activity: Q1 2025 in Review
2,897 of the 7,460 institutional investors tracked by Wall St. Rank reported a position in Caterpillar (CAT) for Q1 2025, worth a combined $109B — down 16% from $130B a quarter earlier.
Sellers outnumbered buyers: 202 funds closed out of CAT and 150 opened new positions — a net loss of 52 holders — while 1,117 trimmed existing stakes and 1,181 added.
The largest buyer was Bank of America, adding an estimated $523M. The largest seller was Capital World Investors, cutting an estimated $2.97B.
- 2,897 institutional investors held Caterpillar (CAT) as of Q1 2025, down from 3,001 in Q4 2024.
- Funds reported $109B of Caterpillar stock for Q1 2025, down 16% quarter-over-quarter.
- 150 funds opened new Caterpillar positions in Q1 2025 and 202 closed out, a net change of -52 holders.
- The largest Caterpillar buyer in Q1 2025 was Bank of America, an estimated $523M added.
- The largest Caterpillar seller in Q1 2025 was Capital World Investors, an estimated $2.97B sold.
Based on aggregated 13F filings for Q1 2025.