Caesarstone
CSTE
108 hedge funds and large institutions have $256M invested in Caesarstone in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 34 increasing their positions, 40 reducing their positions, and 26 closing their positions.
5.88% less ownership
Funds ownership: 54.66% → 48.78% (-5.9%)
15% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 40
16% less funds holding
Funds holding: 128 → 108 (-20)
31% less capital invested
Capital invested by funds: $371M → $256M (-$115M)
53% less call options, than puts
Call options by funds: $5.51M | Put options by funds: $11.7M
73% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 26
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$7.86M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.09M |
| 3 |
BlackRock
New York
|
+$4.12M |
| 4 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
+$3.75M |
| 5 |
JP Morgan Chase
New York
|
+$3.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$9.81M |
| 2 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
-$9.68M |
| 3 |
ECP
Elk Creek Partners
Denver,
Colorado
|
-$7.37M |
| 4 |
Public Employees Retirement Association of Colorado
Denver,
Colorado
|
-$6.79M |
| 5 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$5.67M |
CSTE Hedge Fund Activity: Q2 2018 in Review
108 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q2 2018, worth a combined $256M — down 31% from $371M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of CSTE and 7 opened new positions — a net loss of 19 holders — while 40 trimmed existing stakes and 34 added.
The largest buyer was Invesco, adding an estimated $7.86M. The largest seller was Systematic Financial Management, cutting an estimated $9.81M.
- 108 institutional investors held Caesarstone (CSTE) as of Q2 2018, down from 128 in Q1 2018.
- Funds reported $256M of Caesarstone stock for Q2 2018, down 31% quarter-over-quarter.
- 7 funds opened new Caesarstone positions in Q2 2018 and 26 closed out, a net change of -19 holders.
- The largest Caesarstone buyer in Q2 2018 was Invesco, an estimated $7.86M added.
- The largest Caesarstone seller in Q2 2018 was Systematic Financial Management, an estimated $9.81M sold.
Based on aggregated 13F filings for Q2 2018.