Caesarstone
CSTE
134 hedge funds and large institutions have $823M invested in Caesarstone in 2016 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 36 increasing their positions, 34 reducing their positions, and 21 closing their positions.
129% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 21
39% more call options, than puts
Call options by funds: $12.1M | Put options by funds: $8.73M
23% more funds holding
Funds holding: 109 → 134 (+25)
12% more capital invested
Capital invested by funds: $738M → $823M (+$85.1M)
6% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 34
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$52.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$26.3M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$23M |
| 4 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$20.4M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$20.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$52.8M |
| 2 |
JP Morgan Chase
New York
|
-$27.3M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$26.4M |
| 4 |
WCP
Waterfront Capital Partners
New York
|
-$10M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$9.83M |
CSTE Hedge Fund Activity: Q2 2016 in Review
134 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q2 2016, worth a combined $823M — up 12% from $738M a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new CSTE positions and 21 closed out — a net gain of 27 holders — while 36 added to existing stakes and 34 trimmed.
The largest buyer was Vaughan Nelson Investment Management, opening a new position worth an estimated $52.5M. The largest seller was Fidelity Investments, cutting an estimated $52.8M.
- 134 institutional investors held Caesarstone (CSTE) as of Q2 2016, up from 109 in Q1 2016.
- Funds reported $823M of Caesarstone stock for Q2 2016, up 12% quarter-over-quarter.
- 48 funds opened new Caesarstone positions in Q2 2016 and 21 closed out, a net change of +27 holders.
- The largest Caesarstone buyer in Q2 2016 was Vaughan Nelson Investment Management, an estimated $52.5M added.
- The largest Caesarstone seller in Q2 2016 was Fidelity Investments, an estimated $52.8M sold.
Based on aggregated 13F filings for Q2 2016.