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Carter Bankshares
CARE

83 hedge funds and large institutions have $122M invested in Carter Bankshares in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 17 increasing their positions, 36 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 10

2% more funds holding

Funds holding: 81 → 83 (+2)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.11% less ownership

Funds ownership: 42.24% → 42.13% (-0.11%)

16% less capital invested

Capital invested by funds: $145M → $122M (-$22.9M)

53% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 36

Holders
83
Holders Change
+2
Holders Change %
+2.47%
% of All Funds
1.2%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
12
Increased
17
Reduced
36
Closed
10
Calls
$6K
Puts
–
Net Calls
+$6K
Net Calls Change
+$5K

Top Buyers

Rank Fund Capital Flow
1
FL
Fourthstone LLC
Missouri
+$3.49M
2
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$977K
3
American Century Companies
American Century Companies
Missouri
+$782K
4
Invesco
Invesco
Georgia
+$406K
5
FIA
FNY Investment Advisers
New York
+$389K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$2.07M
2
BlackRock
BlackRock
New York
-$1.17M
3
Franklin Resources
Franklin Resources
California
-$421K
4
AllianceBernstein
AllianceBernstein
Tennessee
-$389K
5
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
-$366K
Name Holding Trade Value Shares
Change 		Change in
Stake
SO
26
STRS Ohio
Ohio
$465K -$31.3K -2,300 -6%
RhumbLine Advisers
27
RhumbLine Advisers
Massachusetts
$461K -$357K -26,240 -42%
LPL Financial
28
LPL Financial
California
$453K +$19.1K +1,402 +4%
Bank of America
29
Bank of America
North Carolina
$439K +$16K +1,172 +3%
TI
30
Trexquant Investment
Connecticut
$425K -$135K -9,903 -23%
Ameriprise
31
Ameriprise
Minnesota
$408K -$56.5K -4,147 -11%
Arrowstreet Capital
32
Arrowstreet Capital
Massachusetts
$399K -$366K -26,870 -46%
Los Angeles Capital Management
33
Los Angeles Capital Management
California
$364K – – –
Stifel Financial
34
Stifel Financial
Missouri
$351K – – –
Wells Fargo
35
Wells Fargo
California
$342K +$54.9K +4,029 +17%
D.E. Shaw & Co
36
D.E. Shaw & Co
New York
$313K +$337K +24,785 New
UBS Group
37
UBS Group
Switzerland
$295K -$23.5K -1,728 -7%
BMCM
38
Black Maple Capital Management
Wisconsin
$293K +$315K +23,154 New
Goldman Sachs
39
Goldman Sachs
New York
$292K -$156K -11,484 -33%
EMFAT
40
Emerald Mutual Fund Advisers Trust
Pennsylvania
$279K +$300K +22,070 New
TIA
41
Tandem Investment Advisors
South Carolina
$259K -$61.3K -4,500 -18%
Citadel Advisors
42
Citadel Advisors
Florida
$251K +$270K +19,862 New
CAN
43
Cetera Advisor Networks
California
$241K – – –
Cetera Investment Advisers
44
Cetera Investment Advisers
Illinois
$241K +$260K +19,073 New
PIFP
45
Partners in Financial Planning
Virginia
$222K -$64.8K -4,757 -21%
Deutsche Bank
46
Deutsche Bank
Germany
$197K +$19K +1,392 +10%
Barclays
47
Barclays
United Kingdom
$196K -$211K -15,494 -50%
Truist Financial
48
Truist Financial
North Carolina
$157K -$46.7K -3,431 -22%
Mirae Asset Global Investments
49
Mirae Asset Global Investments
South Korea
$149K – – –
SC
50
Savant Capital
Illinois
$145K +$531 +39 +0.3%
1
2
3 4

CARE Hedge Fund Activity: Q1 2024 in Review

83 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Carter Bankshares (CARE) for Q1 2024, worth a combined $122M — down 16% from $145M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new CARE positions and 10 closed out — a net gain of 2 holders — while 17 added to existing stakes and 36 trimmed.

The largest buyer was Fourthstone LLC, adding an estimated $3.49M. The largest seller was Morgan Stanley, cutting an estimated $2.07M.

  • 83 institutional investors held Carter Bankshares (CARE) as of Q1 2024, up from 81 in Q4 2023.
  • Funds reported $122M of Carter Bankshares stock for Q1 2024, down 16% quarter-over-quarter.
  • 12 funds opened new Carter Bankshares positions in Q1 2024 and 10 closed out, a net change of +2 holders.
  • The largest Carter Bankshares buyer in Q1 2024 was Fourthstone LLC, an estimated $3.49M added.
  • The largest Carter Bankshares seller in Q1 2024 was Morgan Stanley, an estimated $2.07M sold.

Based on aggregated 13F filings for Q1 2024.