Caesarstone
CSTE
97 hedge funds and large institutions have $671M invested in Caesarstone in 2013 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 27 increasing their positions, 37 reducing their positions, and 13 closing their positions.
131% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 13
53% more capital invested
Capital invested by funds: $438M → $671M (+$232M)
20% more funds holding
Funds holding: 81 → 97 (+16)
27% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 37
51% less call options, than puts
Call options by funds: $6.83M | Put options by funds: $13.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$17.1M |
| 2 |
O
OppenheimerFunds
New York
|
+$16.4M |
| 3 |
CBCM
Charter Bridge Capital Management
New York
|
+$11M |
| 4 |
Morgan Stanley
New York
|
+$5.05M |
| 5 |
JC
Jetstream Capital
Brentwood,
Tennessee
|
+$4.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 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 |
CSTE Hedge Fund Activity: Q3 2013 in Review
97 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q3 2013, worth a combined $671M — up 53% 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 27 added to existing stakes and 37 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 $671M of Caesarstone stock for Q3 2013, up 53% 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.