CAT Stakeholder Shifts: World Equity Group Cuts Holding
Caterpillar Inc. (CAT) has seen changes in its ownership stakes by several large investors, including World Equity Group Inc.
According to a recent SEC filing, World Equity Group Inc. decreased its holdings in Caterpillar shares by 53.1% in the 2nd quarter, selling off 3,723 shares during the period.
This move reduced their stake from 3,285 shares, valued at $3,498,000, to around 0.8% of World Equity Group Inc.'s holdings, making Caterpillar its 24th largest holding.