Caterpillar
CAT
1,193 hedge funds and large institutions have $44.5B invested in Caterpillar in 2017 Q2 according to their latest regulatory filings, with 116 funds opening new positions, 409 increasing their positions, 456 reducing their positions, and 56 closing their positions.
107% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 56
78% more funds holding in top 10
Funds holding in top 10: 18 → 32 (+14)
14% more capital invested
Capital invested by funds: $38.9B → $44.5B (+$5.54B)
4% more funds holding
Funds holding: 1,143 → 1,193 (+50)
1.29% less ownership
Funds ownership: 71.57% → 70.28% (-1.3%)
10% less repeat investments, than reductions
Existing positions increased: 409 | Existing positions reduced: 456
34% less call options, than puts
Call options by funds: $1.25B | Put options by funds: $1.9B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$252M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$242M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$208M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$167M |
| 5 |
Jennison Associates
New York
|
+$111M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$931M |
| 2 |
Morgan Stanley
New York
|
-$461M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$235M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$191M |
| 5 |
State Street
Boston,
Massachusetts
|
-$159M |
CAT Hedge Fund Activity: Q2 2017 in Review
1,193 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Caterpillar (CAT) for Q2 2017, worth a combined $44.5B — up 14% from $38.9B a quarter earlier.
Buyers outnumbered sellers: 116 funds opened new CAT positions and 56 closed out — a net gain of 60 holders — while 409 added to existing stakes and 456 trimmed.
The largest buyer was Primecap Management, adding an estimated $252M. The largest seller was Capital Research Global Investors, cutting an estimated $931M.
- 1,193 institutional investors held Caterpillar (CAT) as of Q2 2017, up from 1,143 in Q1 2017.
- Funds reported $44.5B of Caterpillar stock for Q2 2017, up 14% quarter-over-quarter.
- 116 funds opened new Caterpillar positions in Q2 2017 and 56 closed out, a net change of +60 holders.
- The largest Caterpillar buyer in Q2 2017 was Primecap Management, an estimated $252M added.
- The largest Caterpillar seller in Q2 2017 was Capital Research Global Investors, an estimated $931M sold.
Based on aggregated 13F filings for Q2 2017.