Caterpillar
CAT
3,016 hedge funds and large institutions have $128B invested in Caterpillar in 2025 Q2 according to their latest regulatory filings, with 282 funds opening new positions, 1,150 increasing their positions, 1,119 reducing their positions, and 127 closing their positions.
122% more first-time investments, than exits
New positions opened: 282 | Existing positions closed: 127
66% more funds holding in top 10
Funds holding in top 10: 38 → 63 (+25)
17% more capital invested
Capital invested by funds: $109B → $128B (+$19B)
4% more funds holding
Funds holding: 2,897 → 3,016 (+119)
3% more repeat investments, than reductions
Existing positions increased: 1,150 | Existing positions reduced: 1,119
0.83% more ownership
Funds ownership: 69.26% → 70.09% (+0.83%)
5% less call options, than puts
Call options by funds: $2.74B | Put options by funds: $2.9B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$361M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$333M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$272M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$238M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$206M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$1.16B |
| 2 |
BlackRock
New York
|
-$517M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$459M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$364M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$147M |
CAT Hedge Fund Activity: Q2 2025 in Review
3,016 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Caterpillar (CAT) for Q2 2025, worth a combined $128B — up 17% from $109B a quarter earlier.
Buyers outnumbered sellers: 282 funds opened new CAT positions and 127 closed out — a net gain of 155 holders — while 1,150 added to existing stakes and 1,119 trimmed.
The largest buyer was Nuveen, adding an estimated $361M. The largest seller was Capital World Investors, cutting an estimated $1.16B.
- 3,016 institutional investors held Caterpillar (CAT) as of Q2 2025, up from 2,897 in Q1 2025.
- Funds reported $128B of Caterpillar stock for Q2 2025, up 17% quarter-over-quarter.
- 282 funds opened new Caterpillar positions in Q2 2025 and 127 closed out, a net change of +155 holders.
- The largest Caterpillar buyer in Q2 2025 was Nuveen, an estimated $361M added.
- The largest Caterpillar seller in Q2 2025 was Capital World Investors, an estimated $1.16B sold.
Based on aggregated 13F filings for Q2 2025.