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Carter Bankshares
CARE

81 hedge funds and large institutions have $145M invested in Carter Bankshares in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 21 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 21

24% more capital invested

Capital invested by funds: $117M → $145M (+$27.8M)

2.09% more ownership

Funds ownership: 40.15% → 42.24% (+2.1%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

7% less funds holding

Funds holding: 87 → 81 (-6)

38% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 16

Holders
81
Holders Change
-6
Holders Change %
-6.9%
% of All Funds
1.18%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
10
Increased
28
Reduced
21
Closed
16
Calls
$1K
Puts
–
Net Calls
+$1K
Net Calls Change
-$36K

Top Buyers

Rank Fund Capital Flow
1
FL
Fourthstone LLC
Missouri
+$3.44M
2
Morgan Stanley
Morgan Stanley
New York
+$2.14M
3
BlackRock
BlackRock
New York
+$1.48M
4
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$1.06M
5
American Century Companies
American Century Companies
Missouri
+$398K

Top Sellers

Rank Fund Capital Flow
1
HCM
Huber Capital Management
California
-$1.83M
2
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
-$1.19M
3
BCM
BHZ Capital Management
California
-$1.1M
4
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
-$609K
5
VIA
Virtus Investment Advisers
Connecticut
-$332K
Name Holding Trade Value Shares
Change 		Change in
Stake
TI
26
Trexquant Investment
Connecticut
$652K +$142K +11,288 +35%
Invesco
27
Invesco
Georgia
$597K -$224K -17,821 -31%
SO
28
STRS Ohio
Ohio
$585K +$21.4K +1,700 +5%
Ameriprise
29
Ameriprise
Minnesota
$545K +$242K +19,244 +112%
Goldman Sachs
30
Goldman Sachs
New York
$517K -$101K -8,027 -19%
LPL Financial
31
LPL Financial
California
$515K – – –
Bank of America
32
Bank of America
North Carolina
$502K +$60.6K +4,816 +17%
Barclays
33
Barclays
United Kingdom
$465K +$341K +27,092 +686%
Los Angeles Capital Management
34
Los Angeles Capital Management
California
$431K – – –
JP Morgan Chase
35
JP Morgan Chase
New York
$428K +$158K +12,546 +78%
Franklin Resources
36
Franklin Resources
California
$421K -$428 -34 -0.1%
Stifel Financial
37
Stifel Financial
Missouri
$416K – – –
UBS Group
38
UBS Group
Switzerland
$376K +$149K +11,859 +90%
TIA
39
Tandem Investment Advisors
South Carolina
$374K – – –
CAPTRUST Financial Advisors
40
CAPTRUST Financial Advisors
North Carolina
$362K +$7.02K +558 +2%
Wells Fargo
41
Wells Fargo
California
$345K -$15.4K -1,227 -5%
PIFP
42
Partners in Financial Planning
Virginia
$334K -$22.5K -1,788 -7%
Acadian Asset Management
43
Acadian Asset Management
Massachusetts
$290K – – –
CAN
44
Cetera Advisor Networks
California
$286K – – –
Truist Financial
45
Truist Financial
North Carolina
$237K +$516 +41 +0.3%
TFF
46
The Family Firm
Maryland
$221K +$186K +14,748 New
Deutsche Bank
47
Deutsche Bank
Germany
$212K -$28.8K -2,291 -14%
MIM
48
MetLife Investment Management
New Jersey
$196K – – –
Susquehanna International Group
49
Susquehanna International Group
Pennsylvania
$194K +$163K +12,964 New
SG Americas Securities
50
SG Americas Securities
New York
$186K +$22.4K +1,776 +17%
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CARE Hedge Fund Activity: Q4 2023 in Review

81 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Carter Bankshares (CARE) for Q4 2023, worth a combined $145M — up 24% from $117M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of CARE and 10 opened new positions — a net loss of 6 holders — while 21 trimmed existing stakes and 28 added.

The largest buyer was Fourthstone LLC, adding an estimated $3.44M. The largest seller was Huber Capital Management, cutting an estimated $1.83M.

  • 81 institutional investors held Carter Bankshares (CARE) as of Q4 2023, down from 87 in Q3 2023.
  • Funds reported $145M of Carter Bankshares stock for Q4 2023, up 24% quarter-over-quarter.
  • 10 funds opened new Carter Bankshares positions in Q4 2023 and 16 closed out, a net change of -6 holders.
  • The largest Carter Bankshares buyer in Q4 2023 was Fourthstone LLC, an estimated $3.44M added.
  • The largest Carter Bankshares seller in Q4 2023 was Huber Capital Management, an estimated $1.83M sold.

Based on aggregated 13F filings for Q4 2023.