Who owns Caterpillar (CAT)?
127 holders named in SEC filings declare between 45.4% and 63.5% of Caterpillar's shares outstanding, as of Jun 30, 2026. The largest are Vanguard (10.1%), BlackRock (8.3%) and State Street (7.5%); the five largest hold 31.5% together. Another 3,928 institutions hold small positions worth 8.5%. At least 28.0% of the shares appear in no ownership filing: investors who do not have to report, mostly individuals. From Mar 31, 2026 to Jun 30, 2026, institutions that filed both quarters bought 3.3% and sold 3.4% of the shares, a net sale of 0.13%; 374 opened a position, 1,401 added, 1,557 reduced and 89 sold out. Biggest buyers: JPMorgan (+4.4M shares) and Fidelity (FMR) (+2.0M shares). Biggest sellers: Capital Group (-3.5M) and DIAMANT ASSET MANAGEMENT, INC. (-3.1M). Over time, 4,023 managers declared Caterpillar in their 13F for Q2 2026, against 1,614 for Q4 2019: together at most 71.8% of the shares outstanding, against 67.6%.
| Holder | Filing | Share of capital | As of | Holding since (13F) |
|---|---|---|---|---|
| Vanguard | 13F | 10.1% | Jun 30, 2026 | Q4 2019 or earlier |
| BlackRock | 13F | 8.3% | Jun 30, 2026 | Q4 2019 or earlier |
| State Street | 13F | 7.5% | Jun 30, 2026 | Q4 2019 or earlier |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | 13F | 3.2% | Jun 30, 2026 | Q4 2019 or earlier |
| Geode Capital | 13F | 2.4% | Jun 30, 2026 | Q4 2019 or earlier |
| Fisher Asset Management, LLC | 13F | 2.2% | Jun 30, 2026 | Q4 2019 or earlier |
| Morgan Stanley | 13F | 1.6% | Jun 30, 2026 | Q4 2019 or earlier |
| JPMorgan | 13F | 1.6% | Jun 30, 2026 | Q4 2019 or earlier |
| Capital Group | 13F | 1.5% | Jun 30, 2026 | Q4 2019 or earlier |
| GATES FOUNDATION TRUST | 13F | 1.4% | Jun 30, 2026 | Q4 2019 or earlier |
| T. Rowe Price | 13F | 1.3% | Jun 30, 2026 | Q4 2019 or earlier |
| Fidelity (FMR) | 13F | 1.3% | Jun 30, 2026 | Q4 2019 or earlier |
| Northern Trust | 13F | 1.2% | Jun 30, 2026 | Q4 2019 or earlier |
| Bank of America | 13F | 1.2% | Jun 30, 2026 | Q4 2019 or earlier |
| UBS | 13F | 1.1% | Jun 30, 2026 | Q4 2019 or earlier |
| Goldman Sachs | 13F | 0.78% | Jun 30, 2026 | Q4 2019 or earlier |
| Charles Schwab | 13F | 0.72% | Jun 30, 2026 | Q4 2019 or earlier |
| Invesco | 13F | 0.71% | Jun 30, 2026 | Q4 2019 or earlier |
| BNY | 13F | 0.65% | Jun 30, 2026 | Q4 2019 or earlier |
| Dimensional | 13F | 0.60% | Jun 30, 2026 | Q4 2019 or earlier |
| Legal & General | 13F | 0.57% | Jun 30, 2026 | Q4 2019 or earlier |
| Nuveen | 13F | 0.57% | Jun 30, 2026 | Q4 2019 or earlier |
| ROYAL BANK OF CANADA | 13F | 0.49% | Jun 30, 2026 | Q4 2019 or earlier |
| WELLS FARGO & COMPANY/MN | 13F | 0.46% | Jun 30, 2026 | Q4 2019 or earlier |
| Amundi | 13F | 0.45% | Jun 30, 2026 | Q4 2019 or earlier |
Caterpillar institutional ownership over time
| Quarter | 13F managers | Share of the company (upper bound) | Value declared | Held by stock pickers |
|---|---|---|---|---|
| Q4 2019 | 1,614 | 67.6% | $54.0B | 50.0% |
| Q4 2020 | 1,842 | 68.3% | $67.8B | 52.6% |
| Q4 2021 | 2,098 | 66.9% | $74.1B | 49.0% |
| Q4 2022 | 2,252 | 70.4% | $87.1B | 49.2% |
| Q4 2023 | 2,555 | 70.8% | $104.4B | 48.0% |
| Q4 2024 | 2,976 | 71.1% | $123.2B | 45.1% |
| Q4 2025 | 3,508 | 70.8% | $188.7B | 45.7% |
| Q2 2026 | 4,023 | 71.8% | $351.2B | 45.7% |
From SEC Form 13F, every quarter since the end of 2019, read like the current quarter: entities of a house summed, a value contradicting its share count set aside. The share of the company is an upper bound — two managers can declare the same shares — over the shares outstanding at that date.