Caterpillar
CAT
3,023 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, 1,151 increasing their positions, 1,123 reducing their positions, and 126 closing their positions.
124% more first-time investments, than exits
New positions opened: 282 | Existing positions closed: 126
66% more funds holding in top 10
Funds holding in top 10: 38 → 63 (+25)
4% more funds holding
Funds holding: 2,904 → 3,023 (+119)
2% more repeat investments, than reductions
Existing positions increased: 1,151 | Existing positions reduced: 1,123
0.72% more ownership
Funds ownership: 69.26% → 69.99% (+0.72%)
5% less capital inflows, than outflows
Capital inflows: $5.5B | Capital outflows: $5.78B
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 |
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
3,023 of the 7,621 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 126 closed out — a net gain of 156 holders — while 1,151 added to existing stakes and 1,123 trimmed.
The largest buyer was Nuveen, adding an estimated $361M. The largest seller was Capital World Investors, cutting an estimated $1.16B.
- 3,023 institutional investors held Caterpillar (CAT) as of Q2 2025, up from 2,904 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 126 closed out, a net change of +156 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.