Caesarstone
CSTE
128 hedge funds and large institutions have $371M invested in Caesarstone in 2018 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 43 increasing their positions, 33 reducing their positions, and 18 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 33
22% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 18
1% more funds holding
Funds holding: 127 → 128 (+1)
0.65% more ownership
Funds ownership: 54.01% → 54.66% (+0.65%)
10% less capital invested
Capital invested by funds: $413M → $371M (-$42.2M)
46% less call options, than puts
Call options by funds: $9.68M | Put options by funds: $17.8M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$33.6M |
| 2 |
DG
Delek Group
Herzliya,
Israel
|
+$7.43M |
| 3 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$4.34M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$4.13M |
| 5 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
+$3.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JC
Joho Capital
New York
|
-$40.3M |
| 2 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$7.57M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.1M |
| 4 |
Renaissance Technologies
New York
|
-$4.74M |
| 5 |
BAMCO Inc
New York
|
-$3.26M |
CSTE Hedge Fund Activity: Q1 2018 in Review
128 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q1 2018, worth a combined $371M — down 10% from $413M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CSTE positions and 18 closed out — a net gain of 4 holders — while 43 added to existing stakes and 33 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $33.6M. The largest seller was Joho Capital, exiting entirely with an estimated $40.3M sold.
- 128 institutional investors held Caesarstone (CSTE) as of Q1 2018, up from 127 in Q4 2017.
- Funds reported $371M of Caesarstone stock for Q1 2018, down 10% quarter-over-quarter.
- 22 funds opened new Caesarstone positions in Q1 2018 and 18 closed out, a net change of +4 holders.
- The largest Caesarstone buyer in Q1 2018 was Wellington Management Group, an estimated $33.6M added.
- The largest Caesarstone seller in Q1 2018 was Joho Capital, an estimated $40.3M sold.
Based on aggregated 13F filings for Q1 2018.