Caesarstone
CSTE
105 hedge funds and large institutions have $663M invested in Caesarstone in 2015 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 33 increasing their positions, 30 reducing their positions, and 48 closing their positions.
63% more call options, than puts
Call options by funds: $18.8M | Put options by funds: $11.5M
10% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 30
13% less funds holding
Funds holding: 120 → 105 (-15)
27% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 48
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
55% less capital invested
Capital invested by funds: $1.47B → $663M (-$807M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$34.9M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$34.5M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$30.2M |
| 4 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
+$26.7M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$25.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$127M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$39.7M |
| 3 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$37.6M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$32.3M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$31.7M |
CSTE Hedge Fund Activity: Q3 2015 in Review
105 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q3 2015, worth a combined $663M — down 55% from $1.47B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of CSTE and 35 opened new positions — a net loss of 13 holders — while 30 trimmed existing stakes and 33 added.
The largest buyer was Invesco, adding an estimated $34.9M. The largest seller was Columbia Wanger Asset Management, exiting entirely with an estimated $127M sold.
- 105 institutional investors held Caesarstone (CSTE) as of Q3 2015, down from 120 in Q2 2015.
- Funds reported $663M of Caesarstone stock for Q3 2015, down 55% quarter-over-quarter.
- 35 funds opened new Caesarstone positions in Q3 2015 and 48 closed out, a net change of -13 holders.
- The largest Caesarstone buyer in Q3 2015 was Invesco, an estimated $34.9M added.
- The largest Caesarstone seller in Q3 2015 was Columbia Wanger Asset Management, an estimated $127M sold.
Based on aggregated 13F filings for Q3 2015.