Caesarstone
CSTE
109 hedge funds and large institutions have $686M invested in Caesarstone in 2013 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 41 increasing their positions, 36 reducing their positions, and 11 closing their positions.
118% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 11
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
14% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 36
12% more funds holding
Funds holding: 97 → 109 (+12)
2% more capital invested
Capital invested by funds: $671M → $686M (+$15.9M)
56% less call options, than puts
Call options by funds: $13M | Put options by funds: $29.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Onex Canada Asset Management
Toronto,
Ontario, Canada
|
+$10.5M |
| 2 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
+$6.3M |
| 3 |
BPIM
Brant Point Investment Management
New York
|
+$5.76M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$5.47M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$3.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$24.4M |
| 2 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$21.9M |
| 3 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
-$7.54M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$7.43M |
| 5 |
CBCM
Charter Bridge Capital Management
New York
|
-$6.42M |
CSTE Hedge Fund Activity: Q4 2013 in Review
109 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q4 2013, worth a combined $686M — up 2.4% from $671M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new CSTE positions and 11 closed out — a net gain of 13 holders — while 41 added to existing stakes and 36 trimmed.
The largest buyer was Onex Canada Asset Management, opening a new position worth an estimated $10.5M. The largest seller was OppenheimerFunds, cutting an estimated $24.4M.
- 109 institutional investors held Caesarstone (CSTE) as of Q4 2013, up from 97 in Q3 2013.
- Funds reported $686M of Caesarstone stock for Q4 2013, up 2.4% quarter-over-quarter.
- 24 funds opened new Caesarstone positions in Q4 2013 and 11 closed out, a net change of +13 holders.
- The largest Caesarstone buyer in Q4 2013 was Onex Canada Asset Management, an estimated $10.5M added.
- The largest Caesarstone seller in Q4 2013 was OppenheimerFunds, an estimated $24.4M sold.
Based on aggregated 13F filings for Q4 2013.