Caterpillar
CAT
1,145 hedge funds and large institutions have $40.5B invested in Caterpillar in 2014 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 374 increasing their positions, 511 reducing their positions, and 61 closing their positions.
2% less funds holding
Funds holding: 1,169 → 1,145 (-24)
2.82% less ownership
Funds ownership: 68.03% → 65.21% (-2.8%)
12% less capital invested
Capital invested by funds: $46.1B → $40.5B (-$5.6B)
16% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 61
27% less repeat investments, than reductions
Existing positions increased: 374 | Existing positions reduced: 511
38% less funds holding in top 10
Funds holding in top 10: 32 → 20 (-12)
58% less call options, than puts
Call options by funds: $841M | Put options by funds: $2.01B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$242M |
| 2 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
+$136M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$102M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$92.9M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$786M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$435M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$264M |
| 4 |
Goldman Sachs
New York
|
-$180M |
| 5 |
JP Morgan Chase
New York
|
-$162M |
CAT Hedge Fund Activity: Q3 2014 in Review
1,145 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Caterpillar (CAT) for Q3 2014, worth a combined $40.5B — down 12% from $46.1B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of CAT and 51 opened new positions — a net loss of 10 holders — while 511 trimmed existing stakes and 374 added.
The largest buyer was Waddell & Reed Financial, adding an estimated $242M. The largest seller was Capital World Investors, cutting an estimated $786M.
- 1,145 institutional investors held Caterpillar (CAT) as of Q3 2014, down from 1,169 in Q2 2014.
- Funds reported $40.5B of Caterpillar stock for Q3 2014, down 12% quarter-over-quarter.
- 51 funds opened new Caterpillar positions in Q3 2014 and 61 closed out, a net change of -10 holders.
- The largest Caterpillar buyer in Q3 2014 was Waddell & Reed Financial, an estimated $242M added.
- The largest Caterpillar seller in Q3 2014 was Capital World Investors, an estimated $786M sold.
Based on aggregated 13F filings for Q3 2014.