Caesarstone
CSTE
107 hedge funds and large institutions have $1.04B invested in Caesarstone in 2014 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 35 increasing their positions, 40 reducing their positions, and 26 closing their positions.
9% more capital invested
Capital invested by funds: $950M → $1.04B (+$90.2M)
9% less funds holding
Funds holding: 118 → 107 (-11)
13% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 40
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
38% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 26
73% less call options, than puts
Call options by funds: $10.2M | Put options by funds: $37.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$40.4M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
+$18.8M |
| 3 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$15.3M |
| 4 |
TA
Teachers Advisors
New York
|
+$13.6M |
| 5 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
+$9.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$11.1M |
| 2 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$6.62M |
| 3 |
OCAM
Onex Canada Asset Management
Toronto,
Ontario, Canada
|
-$6.29M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$6.13M |
| 5 |
KCM
Kingdon Capital Management
New York
|
-$6.13M |
CSTE Hedge Fund Activity: Q3 2014 in Review
107 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q3 2014, worth a combined $1.04B — up 9.5% from $950M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of CSTE and 16 opened new positions — a net loss of 10 holders — while 40 trimmed existing stakes and 35 added.
The largest buyer was Fidelity Investments, adding an estimated $40.4M. The largest seller was Citadel Advisors, cutting an estimated $11.1M.
- 107 institutional investors held Caesarstone (CSTE) as of Q3 2014, down from 118 in Q2 2014.
- Funds reported $1.04B of Caesarstone stock for Q3 2014, up 9.5% quarter-over-quarter.
- 16 funds opened new Caesarstone positions in Q3 2014 and 26 closed out, a net change of -10 holders.
- The largest Caesarstone buyer in Q3 2014 was Fidelity Investments, an estimated $40.4M added.
- The largest Caesarstone seller in Q3 2014 was Citadel Advisors, an estimated $11.1M sold.
Based on aggregated 13F filings for Q3 2014.