Cato Corp
CATO
134 hedge funds and large institutions have $764M invested in Cato Corp in 2014 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 45 increasing their positions, 55 reducing their positions, and 11 closing their positions.
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
14% more capital invested
Capital invested by funds: $670M → $764M (+$93.8M)
5% more funds holding
Funds holding: 128 → 134 (+6)
3.98% more ownership
Funds ownership: 90.07% → 94.05% (+4%)
5% more call options, than puts
Call options by funds: $23K | Put options by funds: $22K
18% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$10.1M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$4.64M |
| 3 |
MPM
Meritage Portfolio Management
Overland Park,
Kansas
|
+$3.81M |
| 4 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$2.96M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$2.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.82M |
| 2 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$5.09M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$3.89M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$3.68M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$3.32M |
CATO Hedge Fund Activity: Q2 2014 in Review
134 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Cato Corp (CATO) for Q2 2014, worth a combined $764M — up 14% from $670M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CATO positions and 11 closed out — a net gain of 6 holders — while 45 added to existing stakes and 55 trimmed.
The largest buyer was Norges Bank, adding an estimated $10.1M. The largest seller was Fidelity Investments, cutting an estimated $5.82M.
- 134 institutional investors held Cato Corp (CATO) as of Q2 2014, up from 128 in Q1 2014.
- Funds reported $764M of Cato Corp stock for Q2 2014, up 14% quarter-over-quarter.
- 17 funds opened new Cato Corp positions in Q2 2014 and 11 closed out, a net change of +6 holders.
- The largest Cato Corp buyer in Q2 2014 was Norges Bank, an estimated $10.1M added.
- The largest Cato Corp seller in Q2 2014 was Fidelity Investments, an estimated $5.82M sold.
Based on aggregated 13F filings for Q2 2014.