Caterpillar
CAT
3,153 hedge funds and large institutions have $159B invested in Caterpillar in 2025 Q3 according to their latest regulatory filings, with 301 funds opening new positions, 1,150 increasing their positions, 1,201 reducing their positions, and 121 closing their positions.
149% more first-time investments, than exits
New positions opened: 301 | Existing positions closed: 121
30% more funds holding in top 10
Funds holding in top 10: 63 → 82 (+19)
24% more capital inflows, than outflows
Capital inflows: $10.6B | Capital outflows: $8.56B
4% more funds holding
Funds holding: 3,023 → 3,153 (+130)
1.17% more ownership
Funds ownership: 69.99% → 71.15% (+1.2%)
0% less call options, than puts
Call options by funds: $3.88B | Put options by funds: $3.89B
4% less repeat investments, than reductions
Existing positions increased: 1,150 | Existing positions reduced: 1,201
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.18B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$2.12B |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$741M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$569M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$426M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Gates Foundation Trust
Kirkland,
Washington
|
-$427M |
| 2 |
State Street
Boston,
Massachusetts
|
-$404M |
| 3 |
Altshuler Shaham
Tel Aviv,
Israel
|
-$398M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$307M |
| 5 |
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$242M |
CAT Hedge Fund Activity: Q3 2025 in Review
3,153 of the 7,650 institutional investors tracked by Wall St. Rank reported a position in Caterpillar (CAT) for Q3 2025, worth a combined $159B — up 24% from $128B a quarter earlier.
Buyers outnumbered sellers: 301 funds opened new CAT positions and 121 closed out — a net gain of 180 holders — while 1,150 added to existing stakes and 1,201 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $2.18B. The largest seller was Gates Foundation Trust, cutting an estimated $427M.
- 3,153 institutional investors held Caterpillar (CAT) as of Q3 2025, up from 3,023 in Q2 2025.
- Funds reported $159B of Caterpillar stock for Q3 2025, up 24% quarter-over-quarter.
- 301 funds opened new Caterpillar positions in Q3 2025 and 121 closed out, a net change of +180 holders.
- The largest Caterpillar buyer in Q3 2025 was Wellington Management Group, an estimated $2.18B added.
- The largest Caterpillar seller in Q3 2025 was Gates Foundation Trust, an estimated $427M sold.
Based on aggregated 13F filings for Q3 2025.