Caterpillar
CAT
3,738 hedge funds and large institutions have $235B invested in Caterpillar in 2026 Q1 according to their latest regulatory filings, with 387 funds opening new positions, 1,281 increasing their positions, 1,538 reducing their positions, and 116 closing their positions.
234% more first-time investments, than exits
New positions opened: 387 | Existing positions closed: 116
45% more funds holding in top 10
Funds holding in top 10: 111 → 161 (+50)
24% more capital invested
Capital invested by funds: $189B → $235B (+$46.1B)
10% more call options, than puts
Call options by funds: $7.3B | Put options by funds: $6.61B
6% more funds holding
Funds holding: 3,524 → 3,738 (+214)
0.47% more ownership
Funds ownership: 70.64% → 71.12% (+0.47%)
17% less repeat investments, than reductions
Existing positions increased: 1,281 | Existing positions reduced: 1,538
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DAM
Diamant Asset Management
Ridgefield,
Connecticut
|
+$2.17B |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$915M |
| 3 |
BlackRock
New York
|
+$665M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$567M |
| 5 |
Citigroup
New York
|
+$473M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Farm Mutual Automobile Insurance
Bloomington,
Illinois
|
-$1.99B |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.9B |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$735M |
| 4 |
Corient Private Wealth
Miami,
Florida
|
-$427M |
| 5 |
CG
Cynosure Group
Salt Lake City,
Utah
|
-$352M |
CAT Hedge Fund Activity: Q1 2026 in Review
3,738 of the 8,134 institutional investors tracked by Wall St. Rank reported a position in Caterpillar (CAT) for Q1 2026, worth a combined $235B — up 24% from $189B a quarter earlier.
Buyers outnumbered sellers: 387 funds opened new CAT positions and 116 closed out — a net gain of 271 holders — while 1,281 added to existing stakes and 1,538 trimmed.
The largest buyer was Diamant Asset Management, adding an estimated $2.17B. The largest seller was State Farm Mutual Automobile Insurance, cutting an estimated $1.99B.
- 3,738 institutional investors held Caterpillar (CAT) as of Q1 2026, up from 3,524 in Q4 2025.
- Funds reported $235B of Caterpillar stock for Q1 2026, up 24% quarter-over-quarter.
- 387 funds opened new Caterpillar positions in Q1 2026 and 116 closed out, a net change of +271 holders.
- The largest Caterpillar buyer in Q1 2026 was Diamant Asset Management, an estimated $2.17B added.
- The largest Caterpillar seller in Q1 2026 was State Farm Mutual Automobile Insurance, an estimated $1.99B sold.
Based on aggregated 13F filings for Q1 2026.