CATERPILLAR INC

Caterpillar Inc's institutional ownership picture in Q1 2026 reflects a $230.5B book across 3,619 holders -- a classic heavy-industry mega-cap with dominant passive-index representation. BlackRock, Inc. is the largest holder at $26.3B (37.2M shares, +2.5% shares, +$5.6B -- the largest absolute increase among all holders); State Street Corp is second at $24.7B (34.9M shares, -3.0% shares, -$4.4B); and Vanguard now appears as two separate reporting entities for the first time -- Vanguard Capital Management LLC ($21.4B, 30.2M shares, NEW) and Vanguard Portfolio Management ($8.3B, 11.7M shares, NEW) -- totaling $29.6B, which makes the Vanguard combined block the single largest institutional owner. Geode Capital (+$1.8B, +17.1% shares), Fisher Asset Management (+$1.5B, +15.7%), Morgan Stanley (+$1.3B, +17.8%), Capital International (+$1.2B, +57.5%), Jane Street Group (+$1.2B, +53.3%), Invesco (+$991M, +32.7%), and Barclays (+$889M, +65.6%) were the major buyers. State Farm, Northern Trust, Bank of America, FMR/Fidelity, Capital World, BNY Mellon, and Charles Schwab were net sellers. The Gates Foundation held flat at $4.5B (6.4M shares). The top-20 holders represent approximately $141B or 61% of total institutional value. The 75.50-75.75 whaleScore range reflects AUM-tier boundaries. No smart-money signal is evident from the holder composition: this is a classic widely-held mega-cap industrials name where movements are dominated by index-fund flows and routine rebalancing rather than discrete active-manager conviction calls.