Cato Corp
CATO
121 hedge funds and large institutions have $133M invested in Cato Corp in 2020 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 31 increasing their positions, 56 reducing their positions, and 29 closing their positions.
533% more call options, than puts
Call options by funds: $19K | Put options by funds: $3K
7.03% less ownership
Funds ownership: 80.23% → 73.19% (-7%)
10% less funds holding
Funds holding: 134 → 121 (-13)
31% less capital invested
Capital invested by funds: $193M → $133M (-$59.8M)
45% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 56
45% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$2.5M |
| 2 |
WG
Winton Group
London,
United Kingdom
|
+$1.61M |
| 3 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$917K |
| 4 |
AC
Aristides Capital
Louisville,
Kentucky
|
+$567K |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$537K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.19M |
| 2 |
Goldman Sachs
New York
|
-$3.25M |
| 3 |
Bank of New York Mellon
New York
|
-$2.11M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$2.04M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$951K |
CATO Hedge Fund Activity: Q2 2020 in Review
121 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Cato Corp (CATO) for Q2 2020, worth a combined $133M — down 31% from $193M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of CATO and 16 opened new positions — a net loss of 13 holders — while 56 trimmed existing stakes and 31 added.
The largest buyer was Renaissance Technologies, adding an estimated $2.5M. The largest seller was Wellington Management Group, cutting an estimated $7.19M.
- 121 institutional investors held Cato Corp (CATO) as of Q2 2020, down from 134 in Q1 2020.
- Funds reported $133M of Cato Corp stock for Q2 2020, down 31% quarter-over-quarter.
- 16 funds opened new Cato Corp positions in Q2 2020 and 29 closed out, a net change of -13 holders.
- The largest Cato Corp buyer in Q2 2020 was Renaissance Technologies, an estimated $2.5M added.
- The largest Cato Corp seller in Q2 2020 was Wellington Management Group, an estimated $7.19M sold.
Based on aggregated 13F filings for Q2 2020.