Caterpillar Inc (CAT) — Institutional Holders Breakdown (Q2 2026)

CAT ranks #23 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

CAT is a top-conviction position for Gates Foundation Trust — at 19.6% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in CAT belongs to BlackRock, Inc., but the position matters far more to Gates Foundation Trust, who has 19.6% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

BlackRock has added to its CAT position for two straight quarters, increasing it by $19.7B to reach $40.5B today.

Hudson Bay Capital Management LP has trimmed its CAT position for two straight quarters, cutting it by $62.1M while still holding $11.8M.

CAT is up 1.7% today, and institutions have been net buyers of $260.6B this quarter — today's price move and the underlying institutional flow are pointing the same direction.

CAT posted net income of $10.8B over the trailing twelve months, and currently trades at a P/E of 34.5.

• Profitable — net income of $10.8B over the trailing twelve months
• Revenue grew 18.4% year over year
• Net income improved year over year, from $9.4B to $10.8B
• Generated $11.7B in positive operating cash flow
• Current ratio of 1.44x — below the conventional 1.5x liquidity buffer
• Liabilities run 3.62x equity — a highly leveraged balance sheet worth noting