Caesarstone
CSTE
109 hedge funds and large institutions have $738M invested in Caesarstone in 2016 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 46 increasing their positions, 29 reducing their positions, and 36 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
59% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 29
8% less call options, than puts
Call options by funds: $6.84M | Put options by funds: $7.45M
12% less funds holding
Funds holding: 124 → 109 (-15)
23% less capital invested
Capital invested by funds: $960M → $738M (-$223M)
42% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JC
Joho Capital
New York
|
+$25.3M |
| 2 |
PL
Perpetual Ltd
Sydney, New South Wales,
Australia
|
+$13.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$13.1M |
| 4 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
+$10.7M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$7.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.1M |
| 2 |
BAMCO Inc
New York
|
-$17.5M |
| 3 |
JP Morgan Chase
New York
|
-$16.2M |
| 4 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
-$15.3M |
| 5 |
WCP
Waterfront Capital Partners
New York
|
-$13.3M |
CSTE Hedge Fund Activity: Q1 2016 in Review
109 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q1 2016, worth a combined $738M — down 23% from $960M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of CSTE and 21 opened new positions — a net loss of 15 holders — while 29 trimmed existing stakes and 46 added.
The largest buyer was Joho Capital, opening a new position worth an estimated $25.3M. The largest seller was Fidelity Investments, cutting an estimated $24.1M.
- 109 institutional investors held Caesarstone (CSTE) as of Q1 2016, down from 124 in Q4 2015.
- Funds reported $738M of Caesarstone stock for Q1 2016, down 23% quarter-over-quarter.
- 21 funds opened new Caesarstone positions in Q1 2016 and 36 closed out, a net change of -15 holders.
- The largest Caesarstone buyer in Q1 2016 was Joho Capital, an estimated $25.3M added.
- The largest Caesarstone seller in Q1 2016 was Fidelity Investments, an estimated $24.1M sold.
Based on aggregated 13F filings for Q1 2016.