Caesarstone
CSTE
80 hedge funds and large institutions have $50.3M invested in Caesarstone in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 18 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 26
8.25% less ownership
Funds ownership: 43.54% → 35.29% (-8.2%)
10% less funds holding
Funds holding: 89 → 80 (-9)
41% less capital invested
Capital invested by funds: $85.7M → $50.3M (-$35.4M)
50% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 18
98% less call options, than puts
Call options by funds: $33K | Put options by funds: $1.32M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
RBF Capital
San Francisco,
California
|
+$862K |
| 2 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$679K |
| 3 |
Morgan Stanley
New York
|
+$597K |
| 4 |
SCM
Springhouse Capital Management
Westport,
Connecticut
|
+$416K |
| 5 |
Two Sigma Advisers
New York
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$11.9M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$560K |
| 4 |
CCMINC
Cardinal Capital Management Inc (North Carolina)
Raleigh,
North Carolina
|
-$548K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$534K |
CSTE Hedge Fund Activity: Q1 2023 in Review
80 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q1 2023, worth a combined $50.3M — down 41% from $85.7M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of CSTE and 9 opened new positions — a net loss of 9 holders — while 26 trimmed existing stakes and 27 added.
The largest buyer was RBF Capital, adding an estimated $862K. The largest seller was Phoenix Financial, cutting an estimated $11.9M.
- 80 institutional investors held Caesarstone (CSTE) as of Q1 2023, down from 89 in Q4 2022.
- Funds reported $50.3M of Caesarstone stock for Q1 2023, down 41% quarter-over-quarter.
- 9 funds opened new Caesarstone positions in Q1 2023 and 18 closed out, a net change of -9 holders.
- The largest Caesarstone buyer in Q1 2023 was RBF Capital, an estimated $862K added.
- The largest Caesarstone seller in Q1 2023 was Phoenix Financial, an estimated $11.9M sold.
Based on aggregated 13F filings for Q1 2023.