NEUTRAL — WATCH
No clear whale direction for CAT. Bullish and bearish signals roughly cancel out. Insiders are net buyers (384,545 shares bought vs 236,759 sold) — bullish conviction from management. Strong institutional ownership at 73.5% with 3 of 10 top holders actively accumulating this quarter.
Action Plan
- Hold existing positions — no strong directional signal
- Wait for clearer whale activity before adding
- Monitor next earnings for institutional positioning changes
📈 Options Flow 期权异动
Unusual options volume vs open interest. High volume/OI ratio signals whale positioning. Put/Call ratio indicates directional bias.
PUT / CALL RATIO
0 (Bullish)1.02.0+ (Bearish)
1.3
LEAN BEARISH
High Volume Contracts — Vol > 500 (6 contracts)
CALL$12002026-06-181,357
PUT$5452026-05-221,290
PUT$6552026-05-15754
PUT$8502026-06-18714
CALL$11002026-05-15640
CALL$9302026-05-22537
- Put/Call volume ratio: 1.3 (bearish)
- Total options volume: 21,613 (calls 9,401 / puts 12,212)
👤 Insider Trading 内部交易
SEC Form 4 filings — officer and director buys/sells in the last 90 days. Net buying is a strong bullish signal.
SHARES BOUGHT (6m)
384,545
Recent Insider Transactions (1 buys / 7 sells / 2 grants)
SELLFASSINO ANTHONY D.16,2832026-05-11
GRANTEPLEY KYLE JOSEPH5152026-05-08
SELLFASSINO ANTHONY D.9,1522026-05-06
SELLDE LANGE BOB24,2222026-05-06
SELLBONFIELD ANDREW ROBERT JOHN15,6742026-05-06
SELLSHURMAN RODNEY MICHAEL5,6392026-05-05
SELLKAISER JASON5,6422026-05-04
BUYMACLENNAN DAVID W2502026-05-04
SELLCREED JOSEPH E2,5002026-03-05
GRANTDE LANGE BOB1,6502026-03-02
- Insider buying: 384,545 shares
- Insider selling: 236,759 shares
- 45 Form 4 filings in last 90 days
- Net insider BUYING — bullish signal
🏦 Smart Money Flow 机构资金流向
Quarter-over-quarter position changes from 13F filings. Shows whether institutional investors are accumulating (buying more) or distributing (selling) — the strongest signal of whale conviction.
INSTITUTIONAL OWNERSHIP
73.5%
ACCUMULATION vs DISTRIBUTION
30% ACCUMULATING
70% DISTRIBUTING
NET SHARES FLOW
+20,555,323
Institutional Position Changes (QoQ)
★ NEW POSITIONVanguard Capital Management LLC6.56%NEW+15,117,226
★ NEW POSITIONVanguard Portfolio Management LLC2.54%NEW+5,852,945
▲ ADDINGBank of America Corporation1.46%+15.2%+890,670
▬ HOLDBlackrock Inc.8.07%+2.7%+959,561
▬ HOLDState Street Corporation7.68%+1.1%+385,038
▬ HOLDFisher Asset Management, LLC2.12%+3.0%+282,893
▬ HOLDGeode Capital Management, LLC2.30%+0.9%+94,639
▬ HOLDGates Foundation Trust1.38%0.0%0
▬ HOLDMorgan Stanley1.54%-2.2%-162,114
▼ TRIMMINGState Farm Mutual Automobile Insurance Co3.16%-16.4%-2,865,535
ETF & Mutual Fund Flow (1 adding / 0 selling)
▬ HOLDVANGUARD INDEX FUNDS-Vanguard Total Stock Mar-0.3%-38,337
▬ HOLDVANGUARD INDEX FUNDS-Vanguard 500 Index Fund+2.1%+242,743
▬ HOLDiShares Trust-iShares Core S&P 500 ETF+0.2%+14,913
▬ HOLDFidelity Concord Street Trust-Fidelity 500 In-0.2%-13,698
▬ HOLDSPDR S&P 500 ETF TRUST-State Street SPDR S&P +3.1%+168,823
▬ HOLDSPDR DOW JONES INDUSTRIAL AVERAGE ETF TRT-Sta-3.8%-209,205
▬ HOLDVANGUARD INDEX FUNDS-Vanguard Value Index Fun+2.4%+99,705
▬ HOLDVANGUARD INSTITUTIONAL INDEX FUNDS-Vanguard I-1.6%-44,780
▲ ADDINGWASHINGTON MUTUAL INVESTORS FUND+7.7%+192,629
▬ HOLDSELECT SECTOR SPDR TRT-State Street Industria+0.5%+11,893
- Institutional ownership: 73.5%
- Smart money flow: 3 adding / 1 selling / 6 hold
- Net shares added by institutions: +20,555,323
- Biggest mover: Vanguard Capital Management LLC added 15,117,226 shares (+100.0%)
🕶 Short Interest & Dark Pool 做空 & 暗池
Short interest as % of float and days-to-cover. Rising SI = bearish pressure. High SI + decreasing = shorts covering (bullish). Squeeze risk rated by SI level.
SHORT INTEREST (% OF FLOAT)
0%10%20%30%+
- Short interest: 2.0% of float
- Days to cover: 3.5
- Short interest MoM: ↑ 3.0%
- Squeeze risk: MINIMAL