Caesarstone
CSTE
85 hedge funds and large institutions have $249M invested in Caesarstone in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 32 reducing their positions, and 10 closing their positions.
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
1% more funds holding
Funds holding: 84 → 85 (+1)
1% more capital invested
Capital invested by funds: $247M → $249M (+$2.57M)
6% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 32
3.11% less ownership
Funds ownership: 49.55% → 46.44% (-3.1%)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
87% less call options, than puts
Call options by funds: $774K | Put options by funds: $6.18M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
+$10.9M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$2.56M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.35M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.32M |
| 5 |
D.E. Shaw & Co
New York
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Noked Capital
Tel Aviv,
Israel
|
-$11.2M |
| 2 |
NI
Noked Israel
Ramat Hasharon,
Israel
|
-$11.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.79M |
| 4 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
-$2.32M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$1.04M |
CSTE Hedge Fund Activity: Q1 2019 in Review
85 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q1 2019, worth a combined $249M — up 1% from $247M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CSTE positions and 10 closed out — a net gain of 1 holder — while 30 added to existing stakes and 32 trimmed.
The largest buyer was Menora Mivtachim Holdings, opening a new position worth an estimated $10.9M. The largest seller was Noked Capital, exiting entirely with an estimated $11.2M sold.
- 85 institutional investors held Caesarstone (CSTE) as of Q1 2019, up from 84 in Q4 2018.
- Funds reported $249M of Caesarstone stock for Q1 2019, up 1% quarter-over-quarter.
- 11 funds opened new Caesarstone positions in Q1 2019 and 10 closed out, a net change of +1 holder.
- The largest Caesarstone buyer in Q1 2019 was Menora Mivtachim Holdings, an estimated $10.9M added.
- The largest Caesarstone seller in Q1 2019 was Noked Capital, an estimated $11.2M sold.
Based on aggregated 13F filings for Q1 2019.