Caesarstone
CSTE
95 hedge funds and large institutions have $186M invested in Caesarstone in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 39 increasing their positions, 30 reducing their positions, and 11 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 30
14% more capital invested
Capital invested by funds: $164M → $186M (+$22.1M)
0.76% more ownership
Funds ownership: 45.12% → 45.88% (+0.76%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 97 → 95 (-2)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
99% less call options, than puts
Call options by funds: $52K | Put options by funds: $6.77M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$4.34M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.9M |
| 3 |
Renaissance Technologies
New York
|
+$2.07M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$1.42M |
| 5 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.59M |
| 2 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$2.04M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
-$1.92M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.17M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$964K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
101
Aigen Investment Management
New York
| – | -$160K | -15,095 | Closed |
|
102
VOYA Investment Management
Atlanta,
Georgia
| – | -$121K | -11,477 | Closed |
|
|
QCG
103
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$2K | -201 | Closed |
|
104
US Bancorp
Minneapolis,
Minnesota
| – | -$1.8K | -171 | -85% |
|
CSTE Hedge Fund Activity: Q2 2020 in Review
95 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q2 2020, worth a combined $186M — up 14% from $164M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of CSTE and 9 opened new positions — a net loss of 2 holders — while 30 trimmed existing stakes and 39 added.
The largest buyer was JP Morgan Chase, adding an estimated $4.34M. The largest seller was Millennium Management, exiting entirely with an estimated $3.59M sold.
- 95 institutional investors held Caesarstone (CSTE) as of Q2 2020, down from 97 in Q1 2020.
- Funds reported $186M of Caesarstone stock for Q2 2020, up 14% quarter-over-quarter.
- 9 funds opened new Caesarstone positions in Q2 2020 and 11 closed out, a net change of -2 holders.
- The largest Caesarstone buyer in Q2 2020 was JP Morgan Chase, an estimated $4.34M added.
- The largest Caesarstone seller in Q2 2020 was Millennium Management, an estimated $3.59M sold.
Based on aggregated 13F filings for Q2 2020.