Caterpillar Inc (CAT) Hedge Fund Ownership (Q2 2026)

Q: Is it too late to buy Caterpillar Inc (CAT) following the 2026 Q2 hedge fund 13F filings?

As of today, CAT has moved -4.7% since the 2026 Q2 13F filing date (August 14, 2026), compared to -8.6% for the XLI sector ETF — an outperformance of +3.9%. Since the quarter end (June 30, 2026), CAT gained -23.3% vs -8.0% for XLI. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Caterpillar Inc (CAT)

4K + Investors. Track Smart Money conviction in CAT. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — CAT

Based on 4063 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q

For 5 consecutive quarters, more hedge funds added CAT than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

4,063 hedge funds hold CAT right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

🚀

Fast accumulation — +36% more funds vs a year ago

fund count last 6Q

+1084 new funds entered over the past year (+36% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🟡

Slight buying edge — 52% buying

1944 buying1783 selling

Last quarter: 1,944 funds bought or added vs 1,783 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

📈

More new buyers each quarter (+71 vs last Q)

new funds entering per quarter

Funds opening a new CAT position: 317 → 538 → 416 → 487. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 19% medium ■ 22% new

2,401 out of 4,063 hedge funds have held CAT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💎

Buying through price weakness — shares +216%, value +54%

Value

+54%

+215%

Last quarter: funds added +216% more shares while total portfolio value only changed +54%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.

➡️

Steady discovery — ~487 new funds/quarter

311 → 317 → 538 → 416 → 487 new funds/Q

New funds entering each quarter: 317 → 538 → 416 → 487. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🏛️

Veteran-anchored — 63% veterans vs 26% newcomers

■ 63% veterans ■ 11% 1-2yr ■ 26% new

Entry-cohort mix of 4,176 holders: 2,633 (63%) are 2+ year veterans, 471 entered 1–2 years ago, and 1,072 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 65% AUM from top-100 funds

65% from top-100 AUM funds

73 of 4045 holders are among the 100 largest funds by AUM, controlling 65% of total institutional value in CAT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

4.0

out of 10

Moderate Exit Risk

Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	4016	3736	7.49%
13F Shares	354M	349M	1.46%
Total Value	$360.60B	$234.07B	54.06%
New Positions	473	416	+57
Increased Positions	1429	1262	+167
Closed Positions	175	179	-4
Reduced Positions	1569	1533	+36
Total Calls	59	54	9.26%
Total Puts	69	71	-2.82%
PUT/CALL Ratio	1.17	1.31	Neutral

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

4016

3736

7.49%

13F Shares

354M

349M

1.46%

Total Value

$360.60B

$234.07B

54.06%

New Positions

473

416

+57

Increased Positions

1429

1262

+167

Closed Positions

175

179

-4

Reduced Positions

1569

1533

+36

Total Calls

9.26%

Total Puts

-2.82%

PUT/CALL Ratio

1.17

1.31

Neutral

Institutional Holders (2026 Q2)

4K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CAT. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 CAT holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	DRH Investments, Inc.	20.03%	23,767	$25.3M
2	Gates Foundation Trust	19.65%	6,353,614	$6.77B
3	McLaughlin Asset Management, Inc.	12.24%	1,722	$1.8M
4	Westchester Capital Management, Inc.	10.70%	55,808	$59.4M
5	State Farm Mutual Automobile Insurance Co	10.57%	14,509,304	$15.45B
6	Community Bank of Raymore	10.54%	16,803	$17.9M
7	Atwater Malick LLC	8.78%	37,866	$40.3M
8	Bridgelight Financial Advisors, Inc.	8.06%	16,516	$9.5M
9	Outlook Capital Management, LLC	7.86%	22,879	$24.4M
10	Gouws Capital LLC	7.46%	15,066	$16.0M
11	Aull & Monroe Investment Management Corp	7.22%	16,206	$17.3M
12	Independent Wealth Network Inc.	7.18%	26,505	$28.2M
13	Forty-three Eighteen Advisors, LLC	6.65%	9,275	$9.9M
14	Gallo Partners, LP	6.56%	2,779	$3.0M
15	Providence Wealth Advisors, LLC	6.38%	11,040	$10.8M
16	Capital Wealth Planning, LLC	6.37%	1,197,856	$1.28B
17	Boit C F David	6.36%	14,200	$15.1M
18	Marvin & Palmer Associates Inc	6.27%	9,362	$10.0M
19	Cordgrass Capital Advisors, LLC	6.25%	15,753	$16.8M
20	Soros Capital Management LLC	6.25%	32,800	$34.9M
21	Pflug Koory, LLC	5.89%	13,849	$14.7M
22	Eukles Asset Management	5.67%	12,905	$13.7M
23	Sentry LLC	5.56%	18,664	$19.9M
24	Knuff & Co LLC	5.52%	20,482	$21.8M
25	Reliant Investment Management, LLC	5.34%	14,074	$15.0M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Caterpillar Inc (CAT)

What does the Smart Money Trend signal show for CAT?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added CAT than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CAT?

Slight buying edge — 52% buying: Last quarter: 1,944 funds bought or added vs 1,783 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CAT holders?

Elite ownership — 65% AUM from top-100 funds: 73 of 4045 holders are among the 100 largest funds by AUM, controlling 65% of total institutional value in CAT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CAT?

59% of holders stayed for 2+ years: 2,401 out of 4,063 hedge funds have held CAT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Caterpillar Inc (CAT) following the 2026 Q2 hedge fund 13F filings?

As of today, CAT has moved -4.7% since the 2026 Q2 13F filing date (August 14, 2026), compared to -8.6% for the XLI sector ETF — an outperformance of +3.9%. Since the quarter end (June 30, 2026), CAT has gained -23.3% vs -8.0% for XLI. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Caterpillar Inc (CAT)

Smart Money Signals — CAT

Buying streak — 5 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +36% more funds vs a year ago

Slight buying edge — 52% buying

More new buyers each quarter (+71 vs last Q)

59% of holders stayed for 2+ years

Buying through price weakness — shares +216%, value +54%

Steady discovery — ~487 new funds/quarter

Veteran-anchored — 63% veterans vs 26% newcomers

Elite ownership — 65% AUM from top-100 funds

Institutional Sentiment Summary — CAT

What Fund Managers Are Saying About CAT

Hedge Fund Ownership: CAT

Market Analysis: CAT

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: CAT

Is It Too Late to Buy Caterpillar Inc (CAT) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: CAT

Statistics: CAT

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Caterpillar Inc (CAT)

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