Caesarstone
CSTE
91 hedge funds and large institutions have $258M invested in Caesarstone in 2019 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 39 increasing their positions, 19 reducing their positions, and 12 closing their positions.
105% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 19
8% more capital invested
Capital invested by funds: $239M → $258M (+$19.7M)
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
0.86% less ownership
Funds ownership: 46.32% → 45.46% (-0.86%)
1% less funds holding
Funds holding: 92 → 91 (-1)
13% less call options, than puts
Call options by funds: $2.88M | Put options by funds: $3.31M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$10.1M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$3.18M |
| 3 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
+$3.13M |
| 4 |
Renaissance Technologies
New York
|
+$2.8M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
-$10.5M |
| 2 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
-$6.79M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$6.23M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$4M |
| 5 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
-$1.17M |
CSTE Hedge Fund Activity: Q3 2019 in Review
91 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q3 2019, worth a combined $258M — up 8.3% from $239M a quarter earlier.
Fund positioning in CSTE was balanced in Q3 2019: 12 funds opened new positions, 12 closed out, 39 added to existing stakes and 19 trimmed.
The largest buyer was Migdal Insurance & Financial Holdings, opening a new position worth an estimated $10.1M. The largest seller was Menora Mivtachim Holdings, exiting entirely with an estimated $10.5M sold.
- 91 institutional investors held Caesarstone (CSTE) as of Q3 2019, down from 92 in Q2 2019.
- Funds reported $258M of Caesarstone stock for Q3 2019, up 8.3% quarter-over-quarter.
- 12 funds opened new Caesarstone positions in Q3 2019 and 12 closed out, a net change of 0 holders.
- The largest Caesarstone buyer in Q3 2019 was Migdal Insurance & Financial Holdings, an estimated $10.1M added.
- The largest Caesarstone seller in Q3 2019 was Menora Mivtachim Holdings, an estimated $10.5M sold.
Based on aggregated 13F filings for Q3 2019.