Carter Bankshares
CARE
90 hedge funds and large institutions have $131M invested in Carter Bankshares in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 32 increasing their positions, 33 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
2% more funds holding
Funds holding: 88 → 90 (+2)
0.73% more ownership
Funds ownership: 38.5% → 39.23% (+0.73%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 33
11% less capital invested
Capital invested by funds: $147M → $131M (-$15.8M)
41% less call options, than puts
Call options by funds: $13K | Put options by funds: $22K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BHZ Capital Management
San Jose,
California
|
+$1.41M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$799K |
| 3 |
HCM
Huber Capital Management
El Segundo,
California
|
+$756K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$743K |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$565K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.4M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.06M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$776K |
| 4 |
BlackRock
New York
|
-$612K |
| 5 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$516K |
CARE Hedge Fund Activity: Q1 2023 in Review
90 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Carter Bankshares (CARE) for Q1 2023, worth a combined $131M — down 11% from $147M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CARE positions and 5 closed out — a net gain of 2 holders — while 32 added to existing stakes and 33 trimmed.
The largest buyer was BHZ Capital Management, opening a new position worth an estimated $1.41M. The largest seller was Invesco, cutting an estimated $1.4M.
- 90 institutional investors held Carter Bankshares (CARE) as of Q1 2023, up from 88 in Q4 2022.
- Funds reported $131M of Carter Bankshares stock for Q1 2023, down 11% quarter-over-quarter.
- 7 funds opened new Carter Bankshares positions in Q1 2023 and 5 closed out, a net change of +2 holders.
- The largest Carter Bankshares buyer in Q1 2023 was BHZ Capital Management, an estimated $1.41M added.
- The largest Carter Bankshares seller in Q1 2023 was Invesco, an estimated $1.4M sold.
Based on aggregated 13F filings for Q1 2023.