Cato Corp
CATO
147 hedge funds and large institutions have $838M invested in Cato Corp in 2014 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 53 increasing their positions, 53 reducing their positions, and 10 closing their positions.
130% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 10
10% more funds holding
Funds holding: 134 → 147 (+13)
10% more capital invested
Capital invested by funds: $764M → $838M (+$73.9M)
0% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 53
1.11% less ownership
Funds ownership: 94.05% → 92.94% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$12.5M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
+$6.04M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$5.82M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.29M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
-$14.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$14M |
| 3 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$10.7M |
| 4 |
RA
Royce & Associates
New York
|
-$8.51M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$7.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWM
151
Calamos Wealth Management
Naperville,
Illinois
| – | -$685K | -22,180 | Closed |
|
|
EMG
152
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$303K | -9,800 | Closed |
|
|
TI
153
Turner Investments
Berwyn,
Pennsylvania
| – | -$155K | -5,000 | Closed |
|
|
VFA
154
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$72K | -2,340 | Closed |
|
|
BRWA
155
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$8.62K | -279 | Closed |
|
|
FHA
156
First Horizon Advisors
Memphis,
Tennessee
| – | -$6K | -209 | Closed |
|
157
Bessemer Group
Woodbridge,
New Jersey
| – | -$2K | -67 | Closed |
|
CATO Hedge Fund Activity: Q3 2014 in Review
147 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Cato Corp (CATO) for Q3 2014, worth a combined $838M — up 9.7% from $764M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new CATO positions and 10 closed out — a net gain of 13 holders — while 53 added to existing stakes and 53 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $12.5M. The largest seller was Denver Investment Advisors, cutting an estimated $14.9M.
- 147 institutional investors held Cato Corp (CATO) as of Q3 2014, up from 134 in Q2 2014.
- Funds reported $838M of Cato Corp stock for Q3 2014, up 9.7% quarter-over-quarter.
- 23 funds opened new Cato Corp positions in Q3 2014 and 10 closed out, a net change of +13 holders.
- The largest Cato Corp buyer in Q3 2014 was Schroder Investment Management Group, an estimated $12.5M added.
- The largest Cato Corp seller in Q3 2014 was Denver Investment Advisors, an estimated $14.9M sold.
Based on aggregated 13F filings for Q3 2014.