Ken Fisher's CAT Position Overview
Ken Fisher (via Fisher Asset Management, LLC) currently holds 9.44 M shares of Caterpillar Inc. (CAT) worth $4.5 B, representing 1.63% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Ken Fisher has maintained a long-term strategic position in CAT, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2019, adding 5.31 M shares. Largest reduction occurred in Q3 2022, reducing 212,820 shares.
Analysis based on 13F filings available since 2013 Q2
Ken Fisher's Caterpillar (CAT) Holding Value Over Time
Track share changes against reported price movement
Quarterly Caterpillar (CAT) Trades by Ken Fisher
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +13,181 | Add 0.00% | 13,180 | $82.47 |
| Q3 2013 | -2,225 | Reduce 16.88% | 10,955 | $83.43 |
| Q4 2013 | -494 | Reduce 4.51% | 10,461 | $90.81 |
| Q1 2014 | +2,161 | Add 20.66% | 12,622 | $99.35 |
| Q2 2014 | -4,436 | Reduce 35.14% | 8,186 | $108.72 |
| Q3 2014 | -693 | Reduce 8.47% | 7,493 | $99.03 |
| Q4 2014 | -98 | Reduce 1.31% | 7,395 | $91.55 |
| Q1 2015 | +44 | Add 0.59% | 7,439 | $79.98 |
| Q2 2015 | +1,316 | Add 17.69% | 8,755 | $84.87 |
| Q3 2015 | +4,587 | Add 52.39% | 13,342 | $65.36 |
| Q4 2015 | -7,177 | Reduce 53.79% | 6,165 | $67.96 |
| Q1 2016 | +32 | Add 0.52% | 6,197 | $79.23 |
| Q2 2016 | -1,565 | Reduce 25.25% | 4,632 | $77.72 |
| Q3 2016 | +176 | Add 3.80% | 4,808 | $88.81 |
| Q4 2016 | -1,172 | Reduce 24.38% | 3,636 | $92.68 |
| Q1 2017 | +898 | Add 24.70% | 4,534 | $92.85 |
| Q2 2017 | +1,659 | Add 36.59% | 6,193 | $107.38 |
| Q3 2017 | -195 | Reduce 3.15% | 5,998 | $124.71 |
| Q4 2017 | -677 | Reduce 11.29% | 5,321 | $157.49 |
| Q1 2018 | +1,428 | Add 26.84% | 6,749 | $147.43 |
| Q2 2018 | +752 | Add 11.14% | 7,501 | $135.72 |
| Q3 2018 | +1,854 | Add 24.72% | 9,355 | $152.54 |
| Q4 2018 | -69 | Reduce 0.74% | 9,286 | $127.07 |
| Q1 2019 | +19,825 | Add 213.49% | 29,111 | $135.48 |
| Q2 2019 | +33,833 | Add 116.22% | 62,944 | $136.30 |
| Q3 2019 | +5.31 M | Add 8442.19% | 5.38 M | $126.31 |
| Q4 2019 | +170,314 | Add 3.17% | 5.55 M | $147.68 |
| Q1 2020 | +62,036 | Add 1.12% | 5.61 M | $116.04 |
| Q2 2020 | +190,262 | Add 3.39% | 5.8 M | $126.50 |
| Q3 2020 | +193,890 | Add 3.34% | 5.99 M | $149.15 |
| Q4 2020 | +194,728 | Add 3.25% | 6.19 M | $182.02 |
| Q1 2021 | +226,607 | Add 3.66% | 6.41 M | $231.87 |
| Q2 2021 | +228,718 | Add 3.57% | 6.64 M | $217.63 |
| Q3 2021 | +192,752 | Add 2.90% | 6.84 M | $191.97 |
| Q4 2021 | +168,085 | Add 2.46% | 7 M | $206.74 |
| Q1 2022 | +268,133 | Add 3.83% | 7.27 M | $222.82 |
| Q2 2022 | +230,946 | Add 3.18% | 7.5 M | $178.76 |
| Q3 2022 | -212,820 | Reduce 2.84% | 7.29 M | $164.08 |
| Q4 2022 | +100,168 | Add 1.37% | 7.39 M | $239.56 |
| Q1 2023 | +132,306 | Add 1.79% | 7.52 M | $228.84 |
| Q2 2023 | +201,384 | Add 2.68% | 7.72 M | $246.05 |
| Q3 2023 | +241,626 | Add 3.13% | 7.97 M | $273.00 |
| Q4 2023 | +173,108 | Add 2.17% | 8.14 M | $295.67 |
| Q1 2024 | +202,601 | Add 2.49% | 8.34 M | $366.43 |
| Q2 2024 | +405,979 | Add 4.87% | 8.75 M | $333.10 |
| Q3 2024 | +205,012 | Add 2.34% | 8.95 M | $391.12 |
| Q4 2024 | +129,143 | Add 1.44% | 9.08 M | $362.76 |
| Q1 2025 | +128,350 | Add 1.41% | 9.21 M | $329.80 |
| Q2 2025 | +208,196 | Add 2.26% | 9.42 M | $388.21 |
| Q3 2025 | +20,876 | Add 0.22% | 9.44 M | $477.15 |
Ken Fisher's Caterpillar Investment FAQs
Ken Fisher first purchased Caterpillar Inc. (CAT) in Q2 2013, acquiring 13,180 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Ken Fisher has held Caterpillar Inc. (CAT) for 50 quarters since Q2 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Ken Fisher's largest addition to Caterpillar Inc. (CAT) was in Q3 2019, adding 5,376,797 shares worth $679.14 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Ken Fisher's firm, Fisher Asset Management, LLC, owns 9,439,197 shares of Caterpillar Inc. (CAT), valued at approximately $4.5 B. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Caterpillar Inc. (CAT) represents approximately 1.63% of Ken Fisher's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Ken Fisher's peak holding in Caterpillar Inc. (CAT) was 9,439,197 shares, as reported at the end of Q3 2025. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.