Caterpillar
CAT
3,771 hedge funds and large institutions have $232B invested in Caterpillar in 2026 Q1 according to their latest regulatory filings, with 392 funds opening new positions, 1,292 increasing their positions, 1,550 reducing their positions, and 115 closing their positions.
241% more first-time investments, than exits
New positions opened: 392 | Existing positions closed: 115
45% more funds holding in top 10
Funds holding in top 10: 111 → 161 (+50)
23% more capital invested
Capital invested by funds: $189B → $232B (+$43.3B)
10% more call options, than puts
Call options by funds: $7.3B | Put options by funds: $6.61B
6% more funds holding
Funds holding: 3,541 → 3,771 (+230)
0.03% less ownership
Funds ownership: 70.51% → 70.48% (-0.03%)
17% less repeat investments, than reductions
Existing positions increased: 1,292 | Existing positions reduced: 1,550
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$915M |
| 2 |
BlackRock
New York
|
+$665M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$567M |
| 4 |
Citigroup
New York
|
+$473M |
| 5 |
Barclays
London,
United Kingdom
|
+$415M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Farm Mutual Automobile Insurance
Bloomington,
Illinois
|
-$1.99B |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.9B |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$735M |
| 4 |
CG
Cynosure Group
Salt Lake City,
Utah
|
-$352M |
| 5 |
State Street
Boston,
Massachusetts
|
-$352M |
CAT Hedge Fund Activity: Q1 2026 in Review
3,771 of the 8,207 institutional investors tracked by Wall St. Rank reported a position in Caterpillar (CAT) for Q1 2026, worth a combined $232B — up 23% from $189B a quarter earlier.
Buyers outnumbered sellers: 392 funds opened new CAT positions and 115 closed out — a net gain of 277 holders — while 1,292 added to existing stakes and 1,550 trimmed.
The largest buyer was Capital International Investors, adding an estimated $915M. The largest seller was State Farm Mutual Automobile Insurance, cutting an estimated $1.99B.
- 3,771 institutional investors held Caterpillar (CAT) as of Q1 2026, up from 3,541 in Q4 2025.
- Funds reported $232B of Caterpillar stock for Q1 2026, up 23% quarter-over-quarter.
- 392 funds opened new Caterpillar positions in Q1 2026 and 115 closed out, a net change of +277 holders.
- The largest Caterpillar buyer in Q1 2026 was Capital International Investors, an estimated $915M added.
- The largest Caterpillar seller in Q1 2026 was State Farm Mutual Automobile Insurance, an estimated $1.99B sold.
Based on aggregated 13F filings for Q1 2026.