Caesarstone
CSTE
130 hedge funds and large institutions have $541M invested in Caesarstone in 2017 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 51 increasing their positions, 39 reducing their positions, and 20 closing their positions.
35% more call options, than puts
Call options by funds: $9.26M | Put options by funds: $6.86M
31% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 39
2.54% less ownership
Funds ownership: 54.84% → 52.29% (-2.5%)
4% less funds holding
Funds holding: 136 → 130 (-6)
18% less capital invested
Capital invested by funds: $661M → $541M (-$120M)
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$6.99M |
| 2 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$4.38M |
| 3 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$3.88M |
| 4 |
AP
AHL Partners
London,
United Kingdom
|
+$3.44M |
| 5 |
Goldman Sachs
New York
|
+$2.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$15.3M |
| 2 |
TA
Teachers Advisors
New York
|
-$12.5M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$7.66M |
| 4 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$7.52M |
| 5 |
SC
Shellback Capital
Boston,
Massachusetts
|
-$7.25M |
CSTE Hedge Fund Activity: Q3 2017 in Review
130 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q3 2017, worth a combined $541M — down 18% from $661M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of CSTE and 14 opened new positions — a net loss of 6 holders — while 39 trimmed existing stakes and 51 added.
The largest buyer was Norges Bank, adding an estimated $6.99M. The largest seller was BAMCO Inc, cutting an estimated $15.3M.
- 130 institutional investors held Caesarstone (CSTE) as of Q3 2017, down from 136 in Q2 2017.
- Funds reported $541M of Caesarstone stock for Q3 2017, down 18% quarter-over-quarter.
- 14 funds opened new Caesarstone positions in Q3 2017 and 20 closed out, a net change of -6 holders.
- The largest Caesarstone buyer in Q3 2017 was Norges Bank, an estimated $6.99M added.
- The largest Caesarstone seller in Q3 2017 was BAMCO Inc, an estimated $15.3M sold.
Based on aggregated 13F filings for Q3 2017.