Caesarstone
CSTE
112 hedge funds and large institutions have $1.26B invested in Caesarstone in 2014 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 31 increasing their positions, 45 reducing their positions, and 14 closing their positions.
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
22% more capital invested
Capital invested by funds: $1.04B → $1.26B (+$224M)
5% more funds holding
Funds holding: 107 → 112 (+5)
31% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 45
35% less call options, than puts
Call options by funds: $11.7M | Put options by funds: $18M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$38.1M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$38M |
| 3 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$29.1M |
| 4 |
CCM
Crestwood Capital Management
New York
|
+$22.7M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$6.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$22.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$21.4M |
| 3 |
LPC
Long Pond Capital
New York
|
-$12.7M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$10.4M |
| 5 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$7.99M |
CSTE Hedge Fund Activity: Q4 2014 in Review
112 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q4 2014, worth a combined $1.26B — up 22% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CSTE positions and 14 closed out — a net gain of 8 holders — while 31 added to existing stakes and 45 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $38.1M. The largest seller was Columbia Wanger Asset Management, cutting an estimated $22.8M.
- 112 institutional investors held Caesarstone (CSTE) as of Q4 2014, up from 107 in Q3 2014.
- Funds reported $1.26B of Caesarstone stock for Q4 2014, up 22% quarter-over-quarter.
- 22 funds opened new Caesarstone positions in Q4 2014 and 14 closed out, a net change of +8 holders.
- The largest Caesarstone buyer in Q4 2014 was Fidelity Investments, an estimated $38.1M added.
- The largest Caesarstone seller in Q4 2014 was Columbia Wanger Asset Management, an estimated $22.8M sold.
Based on aggregated 13F filings for Q4 2014.