Caesarstone
CSTE
118 hedge funds and large institutions have $949M invested in Caesarstone in 2014 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 43 increasing their positions, 31 reducing their positions, and 20 closing their positions.
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
39% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 31
21% more capital invested
Capital invested by funds: $782M → $949M (+$167M)
8% more funds holding
Funds holding: 109 → 118 (+9)
63% less call options, than puts
Call options by funds: $12.2M | Put options by funds: $33.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$103M |
| 2 |
LPC
Long Pond Capital
New York
|
+$22.9M |
| 3 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$17.5M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$15.4M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GBCP
Glade Brook Capital Partners
Greenwich,
Connecticut
|
-$12.9M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$6.04M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$5.8M |
| 4 |
OCAM
Onex Canada Asset Management
Toronto,
Ontario, Canada
|
-$5.73M |
| 5 |
Morgan Stanley
New York
|
-$4.58M |
CSTE Hedge Fund Activity: Q2 2014 in Review
118 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q2 2014, worth a combined $949M — up 21% from $782M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CSTE positions and 20 closed out — a net gain of 9 holders — while 43 added to existing stakes and 31 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $103M. The largest seller was Glade Brook Capital Partners, exiting entirely with an estimated $12.9M sold.
- 118 institutional investors held Caesarstone (CSTE) as of Q2 2014, up from 109 in Q1 2014.
- Funds reported $949M of Caesarstone stock for Q2 2014, up 21% quarter-over-quarter.
- 29 funds opened new Caesarstone positions in Q2 2014 and 20 closed out, a net change of +9 holders.
- The largest Caesarstone buyer in Q2 2014 was Fidelity Investments, an estimated $103M added.
- The largest Caesarstone seller in Q2 2014 was Glade Brook Capital Partners, an estimated $12.9M sold.
Based on aggregated 13F filings for Q2 2014.