Caesarstone
CSTE
69 hedge funds and large institutions have $63.3M invested in Caesarstone in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 20 reducing their positions, and 23 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 20
1% more capital inflows, than outflows
Capital inflows: $16.7M | Capital outflows: $16.5M
0.26% less ownership
Funds ownership: 35.29% → 35.03% (-0.26%)
14% less funds holding
Funds holding: 80 → 69 (-11)
48% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 23
91% less call options, than puts
Call options by funds: $102K | Put options by funds: $1.08M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PF
Phoenix Financial
Givatayim,
Israel
|
+$10.5M |
| 2 |
AE
AMH Equity
Great Neck,
New York
|
+$1.13M |
| 3 |
Millennium Management
New York
|
+$723K |
| 4 |
RC
RBF Capital
San Francisco,
California
|
+$494K |
| 5 |
CM
CastleKnight Management
New York
|
+$468K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$4.58M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$2.59M |
| 3 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$2.38M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.37M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$956K |
CSTE Hedge Fund Activity: Q2 2023 in Review
69 of the 6,387 institutional investors tracked by Wall St. Rank reported a position in Caesarstone (CSTE) for Q2 2023, worth a combined $63.3M — up 26% from $50.3M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of CSTE and 12 opened new positions — a net loss of 11 holders — while 20 trimmed existing stakes and 25 added.
The largest buyer was Phoenix Financial, adding an estimated $10.5M. The largest seller was BlackRock, cutting an estimated $4.58M.
- 69 institutional investors held Caesarstone (CSTE) as of Q2 2023, down from 80 in Q1 2023.
- Funds reported $63.3M of Caesarstone stock for Q2 2023, up 26% quarter-over-quarter.
- 12 funds opened new Caesarstone positions in Q2 2023 and 23 closed out, a net change of -11 holders.
- The largest Caesarstone buyer in Q2 2023 was Phoenix Financial, an estimated $10.5M added.
- The largest Caesarstone seller in Q2 2023 was BlackRock, an estimated $4.58M sold.
Based on aggregated 13F filings for Q2 2023.