Cato Corp
CATO
128 hedge funds and large institutions have $670M invested in Cato Corp in 2014 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 58 increasing their positions, 41 reducing their positions, and 21 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 41
0.55% more ownership
Funds ownership: 89.52% → 90.07% (+0.55%)
7% less funds holding
Funds holding: 137 → 128 (-9)
12% less capital invested
Capital invested by funds: $764M → $670M (-$94.4M)
33% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$9.44M |
| 2 |
GAM
Gotham Asset Management
New York
|
+$5.45M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$3.14M |
| 4 |
JP Morgan Chase
New York
|
+$2.87M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$2.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.67M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$6.31M |
| 3 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$4.71M |
| 4 |
Morgan Stanley
New York
|
-$2.43M |
| 5 |
Goldman Sachs
New York
|
-$2.08M |
CATO Hedge Fund Activity: Q1 2014 in Review
128 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Cato Corp (CATO) for Q1 2014, worth a combined $670M — down 12% from $764M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of CATO and 14 opened new positions — a net loss of 7 holders — while 41 trimmed existing stakes and 58 added.
The largest buyer was Denver Investment Advisors, adding an estimated $9.44M. The largest seller was Wellington Management Group, cutting an estimated $7.67M.
- 128 institutional investors held Cato Corp (CATO) as of Q1 2014, down from 137 in Q4 2013.
- Funds reported $670M of Cato Corp stock for Q1 2014, down 12% quarter-over-quarter.
- 14 funds opened new Cato Corp positions in Q1 2014 and 21 closed out, a net change of -7 holders.
- The largest Cato Corp buyer in Q1 2014 was Denver Investment Advisors, an estimated $9.44M added.
- The largest Cato Corp seller in Q1 2014 was Wellington Management Group, an estimated $7.67M sold.
Based on aggregated 13F filings for Q1 2014.