Caesarstone
CSTE
97 hedge funds and large institutions have $164M invested in Caesarstone in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 34 reducing their positions, and 13 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 34
0.84% less ownership
Funds ownership: 45.96% → 45.12% (-0.84%)
4% less funds holding
Funds holding: 101 → 97 (-4)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
31% less capital invested
Capital invested by funds: $239M → $164M (-$75.1M)
97% less call options, than puts
Call options by funds: $138K | Put options by funds: $4.44M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$11.4M |
| 2 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$6.8M |
| 3 |
PF
Phoenix Financial
Givatayim,
Israel
|
+$2.77M |
| 4 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$1.82M |
| 5 |
BlackRock
New York
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$11.6M |
| 2 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$5.35M |
| 3 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
-$5.34M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$4.08M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTL
101
Dynamic Technology Lab
Singapore
| – | -$280K | -18,570 | Closed |
|
|
PP
102
Paloma Partners
Greenwich,
Connecticut
| – | -$241K | -16,016 | Closed |
|
|
CSS
103
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$174K | -11,565 | Closed |
|
|
CIP
104
Cornerstone Investment Partners
Atlanta,
Georgia
| – | -$167K | -11,098 | Closed |
|
105
State of Tennessee, Department of Treasury
Nashville,
Tennessee
| – | -$72K | -4,771 | Closed |
|
|
TRCT
106
Tower Research Capital (TRC)
New York
| – | -$22K | -1,453 | Closed |
|
|
PA
107
Parallel Advisors
San Francisco,
California
| – | -$1K | -49 | Closed |
|
CSTE Hedge Fund Activity: Q1 2020 in Review
97 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q1 2020, worth a combined $164M — down 31% from $239M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of CSTE and 11 opened new positions — a net loss of 2 holders — while 34 trimmed existing stakes and 36 added.
The largest buyer was Clal Insurance, adding an estimated $11.4M. The largest seller was Wellington Management Group, cutting an estimated $11.6M.
- 97 institutional investors held Caesarstone (CSTE) as of Q1 2020, down from 101 in Q4 2019.
- Funds reported $164M of Caesarstone stock for Q1 2020, down 31% quarter-over-quarter.
- 11 funds opened new Caesarstone positions in Q1 2020 and 13 closed out, a net change of -2 holders.
- The largest Caesarstone buyer in Q1 2020 was Clal Insurance, an estimated $11.4M added.
- The largest Caesarstone seller in Q1 2020 was Wellington Management Group, an estimated $11.6M sold.
Based on aggregated 13F filings for Q1 2020.