Caesarstone
CSTE
84 hedge funds and large institutions have $247M invested in Caesarstone in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 27 reducing their positions, and 23 closing their positions.
2.63% more ownership
Funds ownership: 46.92% → 49.55% (+2.6%)
14% less funds holding
Funds holding: 98 → 84 (-14)
15% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 27
17% less capital invested
Capital invested by funds: $297M → $247M (-$50.7M)
57% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 23
94% less call options, than puts
Call options by funds: $319K | Put options by funds: $5.74M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$12.1M |
| 2 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$7.06M |
| 3 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$2.36M |
| 4 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$2.04M |
| 5 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.5M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$8.87M |
| 3 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
-$5.07M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.3M |
| 5 |
FNBOO
First National Bank of Omaha
Omaha,
Nebraska
|
-$3.27M |
CSTE Hedge Fund Activity: Q4 2018 in Review
84 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q4 2018, worth a combined $247M — down 17% from $297M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of CSTE and 10 opened new positions — a net loss of 13 holders — while 27 trimmed existing stakes and 23 added.
The largest buyer was Hawk Ridge Capital Management, opening a new position worth an estimated $12.1M. The largest seller was Fidelity Investments, exiting entirely with an estimated $13.5M sold.
- 84 institutional investors held Caesarstone (CSTE) as of Q4 2018, down from 98 in Q3 2018.
- Funds reported $247M of Caesarstone stock for Q4 2018, down 17% quarter-over-quarter.
- 10 funds opened new Caesarstone positions in Q4 2018 and 23 closed out, a net change of -13 holders.
- The largest Caesarstone buyer in Q4 2018 was Hawk Ridge Capital Management, an estimated $12.1M added.
- The largest Caesarstone seller in Q4 2018 was Fidelity Investments, an estimated $13.5M sold.
Based on aggregated 13F filings for Q4 2018.