Caesarstone
CSTE
97 hedge funds and large institutions have $649M invested in Caesarstone in 2013 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 26 increasing their positions, 38 reducing their positions, and 13 closing their positions.
131% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 13
48% more capital invested
Capital invested by funds: $438M → $649M (+$211M)
20% more funds holding
Funds holding: 81 → 97 (+16)
32% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 38
51% less call options, than puts
Call options by funds: $6.83M | Put options by funds: $13.9M
Top Buyers
| 1 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$17.1M |
| 2 |
CBCM
Charter Bridge Capital Management
New York
|
+$11M |
| 3 |
Morgan Stanley
New York
|
+$5.05M |
| 4 |
JC
Jetstream Capital
Brentwood,
Tennessee
|
+$4.54M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$4.49M |
Top Sellers
| 1 |
KeyBank National Association
Cleveland,
Ohio
|
-$23.7M |
| 2 |
Lazard Asset Management
New York
|
-$17.3M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$10.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$9.98M |
| 5 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$9.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ICAP
101
Independence Capital Asset Partners
Denver,
Colorado
| – | -$1.05M | -38,696 | Closed |
|
|
MWNA
102
Marshall Wace North America
New York
| – | -$909K | -33,377 | Closed |
|
|
BC
103
Beaconlight Capital
New York
| – | -$817K | -30,000 | Closed |
|
|
TC
104
TFS Capital
West Chester,
Pennsylvania
| – | -$765K | -28,100 | Closed |
|
|
AL
105
AJO LP
Philadelphia,
Pennsylvania
| – | -$624K | -22,900 | Closed |
|
|
PAM
106
Panagora Asset Management
Boston,
Massachusetts
| – | -$619K | -22,730 | Closed |
|
107
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$408K | -15,000 | Closed |
|
|
HHC
108
Hutchin Hill Capital
New York
| – | -$253K | -9,300 | Closed |
|
|
TRCT
109
Tower Research Capital (TRC)
New York
| – | -$42K | -1,555 | Closed |
|
110
AllianceBernstein
Nashville,
Tennessee
| – | +$341 | +9 | New |
|
CSTE Hedge Fund Activity: Q3 2013 in Review
97 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q3 2013, worth a combined $649M — up 48% from $438M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new CSTE positions and 13 closed out — a net gain of 17 holders — while 26 added to existing stakes and 38 trimmed.
The largest buyer was Denver Investment Advisors, opening a new position worth an estimated $17.1M. The largest seller was KeyBank National Association, cutting an estimated $23.7M.
- 97 institutional investors held Caesarstone (CSTE) as of Q3 2013, up from 81 in Q2 2013.
- Funds reported $649M of Caesarstone stock for Q3 2013, up 48% quarter-over-quarter.
- 30 funds opened new Caesarstone positions in Q3 2013 and 13 closed out, a net change of +17 holders.
- The largest Caesarstone buyer in Q3 2013 was Denver Investment Advisors, an estimated $17.1M added.
- The largest Caesarstone seller in Q3 2013 was KeyBank National Association, an estimated $23.7M sold.
Based on aggregated 13F filings for Q3 2013.