Cato Corp
CATO
152 hedge funds and large institutions have $693M invested in Cato Corp in 2016 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 71 increasing their positions, 39 reducing their positions, and 28 closing their positions.
200% more call options, than puts
Call options by funds: $18K | Put options by funds: $6K
82% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 39
4.44% less ownership
Funds ownership: 85.88% → 81.44% (-4.4%)
8% less funds holding
Funds holding: 166 → 152 (-14)
17% less capital invested
Capital invested by funds: $839M → $693M (-$145M)
46% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$5.84M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.82M |
| 3 |
Goldman Sachs
New York
|
+$4.67M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.41M |
| 5 |
Two Sigma Advisers
New York
|
+$3.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$36.8M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$18.7M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$12.2M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$9.88M |
| 5 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
-$9.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
176
Tower Research Capital (TRC)
New York
| – | -$98K | -2,599 | Closed |
|
177
Simplex Trading
Chicago,
Illinois
| – | -$13K | -363 | Closed |
|
|
QCG
178
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$2K | -63 | Closed |
|
CATO Hedge Fund Activity: Q3 2016 in Review
152 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Cato Corp (CATO) for Q3 2016, worth a combined $693M — down 17% from $839M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of CATO and 15 opened new positions — a net loss of 13 holders — while 39 trimmed existing stakes and 71 added.
The largest buyer was Royce & Associates, adding an estimated $5.84M. The largest seller was Columbia Wanger Asset Management, exiting entirely with an estimated $36.8M sold.
- 152 institutional investors held Cato Corp (CATO) as of Q3 2016, down from 166 in Q2 2016.
- Funds reported $693M of Cato Corp stock for Q3 2016, down 17% quarter-over-quarter.
- 15 funds opened new Cato Corp positions in Q3 2016 and 28 closed out, a net change of -13 holders.
- The largest Cato Corp buyer in Q3 2016 was Royce & Associates, an estimated $5.84M added.
- The largest Cato Corp seller in Q3 2016 was Columbia Wanger Asset Management, an estimated $36.8M sold.
Based on aggregated 13F filings for Q3 2016.