Caterpillar
CAT
3,542 hedge funds and large institutions have $189B invested in Caterpillar in 2025 Q4 according to their latest regulatory filings, with 551 funds opening new positions, 1,230 increasing their positions, 1,306 reducing their positions, and 94 closing their positions.
486% more first-time investments, than exits
New positions opened: 551 | Existing positions closed: 94
35% more funds holding in top 10
Funds holding in top 10: 82 → 111 (+29)
19% more capital invested
Capital invested by funds: $159B → $189B (+$29.7B)
12% more funds holding
Funds holding: 3,151 → 3,542 (+391)
0.64% less ownership
Funds ownership: 71.15% → 70.51% (-0.64%)
4% less call options, than puts
Call options by funds: $5B | Put options by funds: $5.2B
6% less repeat investments, than reductions
Existing positions increased: 1,230 | Existing positions reduced: 1,306
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$1.19B |
| 2 |
BlackRock
New York
|
+$1.07B |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$516M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$495M |
| 5 |
CG
Cynosure Group
Salt Lake City,
Utah
|
+$282M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$806M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$760M |
| 3 |
JP Morgan Chase
New York
|
-$514M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$455M |
| 5 |
Amundi
Paris,
France
|
-$368M |
CAT Hedge Fund Activity: Q4 2025 in Review
3,542 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in Caterpillar (CAT) for Q4 2025, worth a combined $189B — up 19% from $159B a quarter earlier.
Buyers outnumbered sellers: 551 funds opened new CAT positions and 94 closed out — a net gain of 457 holders — while 1,230 added to existing stakes and 1,306 trimmed.
The largest buyer was Capital International Investors, opening a new position worth an estimated $1.19B. The largest seller was Capital Research Global Investors, cutting an estimated $806M.
- 3,542 institutional investors held Caterpillar (CAT) as of Q4 2025, up from 3,151 in Q3 2025.
- Funds reported $189B of Caterpillar stock for Q4 2025, up 19% quarter-over-quarter.
- 551 funds opened new Caterpillar positions in Q4 2025 and 94 closed out, a net change of +457 holders.
- The largest Caterpillar buyer in Q4 2025 was Capital International Investors, an estimated $1.19B added.
- The largest Caterpillar seller in Q4 2025 was Capital Research Global Investors, an estimated $806M sold.
Based on aggregated 13F filings for Q4 2025.