Caesarstone
CSTE
132 hedge funds and large institutions have $738M invested in Caesarstone in 2017 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 45 increasing their positions, 38 reducing their positions, and 22 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
36% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 22
25% more capital invested
Capital invested by funds: $588M → $738M (+$150M)
18% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 38
2% more funds holding
Funds holding: 130 → 132 (+2)
0.41% less ownership
Funds ownership: 59.62% → 59.2% (-0.41%)
48% less call options, than puts
Call options by funds: $7.02M | Put options by funds: $13.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$41.8M |
| 2 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$18.3M |
| 3 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
+$13.8M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$8.53M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$3.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$9.4M |
| 2 |
JC
Joho Capital
New York
|
-$8.05M |
| 3 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
-$7.4M |
| 4 |
PL
Perpetual Ltd
Sydney, New South Wales,
Australia
|
-$5.89M |
| 5 |
TAM
Tocqueville Asset Management
New York
|
-$5.87M |
CSTE Hedge Fund Activity: Q1 2017 in Review
132 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q1 2017, worth a combined $738M — up 25% from $588M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new CSTE positions and 22 closed out — a net gain of 8 holders — while 45 added to existing stakes and 38 trimmed.
The largest buyer was BlackRock, adding an estimated $41.8M. The largest seller was BAMCO Inc, cutting an estimated $9.4M.
- 132 institutional investors held Caesarstone (CSTE) as of Q1 2017, up from 130 in Q4 2016.
- Funds reported $738M of Caesarstone stock for Q1 2017, up 25% quarter-over-quarter.
- 30 funds opened new Caesarstone positions in Q1 2017 and 22 closed out, a net change of +8 holders.
- The largest Caesarstone buyer in Q1 2017 was BlackRock, an estimated $41.8M added.
- The largest Caesarstone seller in Q1 2017 was BAMCO Inc, an estimated $9.4M sold.
Based on aggregated 13F filings for Q1 2017.