Cato Corp
CATO
145 hedge funds and large institutions have $456M invested in Cato Corp in 2017 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 68 increasing their positions, 35 reducing their positions, and 33 closing their positions.
94% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 35
1.62% more ownership
Funds ownership: 81.97% → 83.59% (+1.6%)
6% less funds holding
Funds holding: 155 → 145 (-10)
15% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 33
26% less capital invested
Capital invested by funds: $619M → $456M (-$162M)
49% less call options, than puts
Call options by funds: $308K | Put options by funds: $603K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$81M |
| 2 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$8.74M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$7.12M |
| 4 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
+$5.88M |
| 5 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$5.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$26M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$15.9M |
| 3 |
JIR
James Investment Research
Alpha,
Ohio
|
-$10.8M |
| 4 |
RA
Royce & Associates
New York
|
-$8.76M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$5.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
SEI Investments
Oaks,
Pennsylvania
| – | +$274 | +11 | +138% |
|
CATO Hedge Fund Activity: Q1 2017 in Review
145 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Cato Corp (CATO) for Q1 2017, worth a combined $456M — down 26% from $619M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of CATO and 28 opened new positions — a net loss of 5 holders — while 35 trimmed existing stakes and 68 added.
The largest buyer was BlackRock, adding an estimated $81M. The largest seller was Franklin Resources, exiting entirely with an estimated $26M sold.
- 145 institutional investors held Cato Corp (CATO) as of Q1 2017, down from 155 in Q4 2016.
- Funds reported $456M of Cato Corp stock for Q1 2017, down 26% quarter-over-quarter.
- 28 funds opened new Cato Corp positions in Q1 2017 and 33 closed out, a net change of -5 holders.
- The largest Cato Corp buyer in Q1 2017 was BlackRock, an estimated $81M added.
- The largest Cato Corp seller in Q1 2017 was Franklin Resources, an estimated $26M sold.
Based on aggregated 13F filings for Q1 2017.