Caesarstone
CSTE
136 hedge funds and large institutions have $661M invested in Caesarstone in 2017 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 46 increasing their positions, 45 reducing their positions, and 18 closing their positions.
28% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 18
3% more funds holding
Funds holding: 132 → 136 (+4)
2% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 45
1% more call options, than puts
Call options by funds: $10.8M | Put options by funds: $10.8M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4.37% less ownership
Funds ownership: 59.2% → 54.84% (-4.4%)
10% less capital invested
Capital invested by funds: $738M → $661M (-$76.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$14.9M |
| 2 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$13.8M |
| 3 |
SC
Shellback Capital
Boston,
Massachusetts
|
+$7.51M |
| 4 |
Renaissance Technologies
New York
|
+$5.56M |
| 5 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$5.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$51.1M |
| 2 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$15.6M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$14.9M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$13.3M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$9.41M |
CSTE Hedge Fund Activity: Q2 2017 in Review
136 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q2 2017, worth a combined $661M — down 10% from $738M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new CSTE positions and 18 closed out — a net gain of 5 holders — while 46 added to existing stakes and 45 trimmed.
The largest buyer was Norges Bank, adding an estimated $14.9M. The largest seller was BAMCO Inc, cutting an estimated $51.1M.
- 136 institutional investors held Caesarstone (CSTE) as of Q2 2017, up from 132 in Q1 2017.
- Funds reported $661M of Caesarstone stock for Q2 2017, down 10% quarter-over-quarter.
- 23 funds opened new Caesarstone positions in Q2 2017 and 18 closed out, a net change of +5 holders.
- The largest Caesarstone buyer in Q2 2017 was Norges Bank, an estimated $14.9M added.
- The largest Caesarstone seller in Q2 2017 was BAMCO Inc, an estimated $51.1M sold.
Based on aggregated 13F filings for Q2 2017.