Caesarstone
CSTE
115 hedge funds and large institutions have $1.25B invested in Caesarstone in 2015 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 37 increasing their positions, 46 reducing their positions, and 14 closing their positions.
45% more call options, than puts
Call options by funds: $14.8M | Put options by funds: $10.2M
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
3% more funds holding
Funds holding: 112 → 115 (+3)
2% more capital invested
Capital invested by funds: $1.22B → $1.25B (+$29.9M)
20% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 46
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$21.8M |
| 2 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$21.7M |
| 3 |
JP Morgan Chase
New York
|
+$19M |
| 4 |
LHC
Lodge Hill Capital
New York
|
+$13.5M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$10.9M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CSS
126
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$144K | -2,405 | Closed |
|
127
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$19K | -315 | Closed |
|
|
QT
128
Quantbot Technologies
New York
| – | -$13K | -222 | Closed |
|
129
Envestnet Asset Management
Chicago,
Illinois
| – | -$10K | -175 | Closed |
|
CSTE Hedge Fund Activity: Q1 2015 in Review
115 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q1 2015, worth a combined $1.25B — up 2.5% from $1.22B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CSTE positions and 14 closed out — a net gain of 3 holders — while 37 added to existing stakes and 46 trimmed.
The largest buyer was Lord, Abbett & Co, adding an estimated $21.8M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $22.4M.
- 115 institutional investors held Caesarstone (CSTE) as of Q1 2015, up from 112 in Q4 2014.
- Funds reported $1.25B of Caesarstone stock for Q1 2015, up 2.5% quarter-over-quarter.
- 17 funds opened new Caesarstone positions in Q1 2015 and 14 closed out, a net change of +3 holders.
- The largest Caesarstone buyer in Q1 2015 was Lord, Abbett & Co, an estimated $21.8M added.
- The largest Caesarstone seller in Q1 2015 was Manulife (Manufacturers Life Insurance), an estimated $22.4M sold.
Based on aggregated 13F filings for Q1 2015.