Caterpillar
CAT
3,529 hedge funds and large institutions have $189B invested in Caterpillar in 2025 Q4 according to their latest regulatory filings, with 544 funds opening new positions, 1,228 increasing their positions, 1,305 reducing their positions, and 94 closing their positions.
479% more first-time investments, than exits
New positions opened: 544 | 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 (+$29.9B)
12% more funds holding
Funds holding: 3,145 → 3,529 (+384)
0.5% less ownership
Funds ownership: 71.15% → 70.64% (-0.5%)
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: 1,228 | Existing positions reduced: 1,305
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 |
Corient Private Wealth
Miami,
Florida
|
+$448M |
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
3,529 of the 8,257 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: 544 funds opened new CAT positions and 94 closed out — a net gain of 450 holders — while 1,228 added to existing stakes and 1,305 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.
- 3,529 institutional investors held Caterpillar (CAT) as of Q4 2025, up from 3,145 in Q3 2025.
- Funds reported $189B of Caterpillar stock for Q4 2025, up 19% quarter-over-quarter.
- 544 funds opened new Caterpillar positions in Q4 2025 and 94 closed out, a net change of +450 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.