Carter Bankshares
CARE
51 hedge funds and large institutions have $124M invested in Carter Bankshares in 2019 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 7 closing their positions.
271% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 7
59% more funds holding
Funds holding: 32 → 51 (+19)
51% more capital invested
Capital invested by funds: $81.7M → $124M (+$41.9M)
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
7.63% more ownership
Funds ownership: 16.16% → 23.79% (+7.6%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$24.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.85M |
| 3 |
State Street
Boston,
Massachusetts
|
+$5.99M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$4.17M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$2.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$5.44M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$4.91M |
| 3 |
MCM
Maltese Capital Management
New York
|
-$1.93M |
| 4 |
SV
Stilwell Value
New York
|
-$1.19M |
| 5 |
MFP
Michael F. Price
|
-$1.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fifth Third Bancorp
Cincinnati,
Ohio
| $2K | – | – | – |
|
|
CRC
52
Curi RMB Capital
Chicago,
Illinois
| – | -$4.91M | -255,675 | Closed |
|
|
MCM
53
Maltese Capital Management
New York
| – | -$1.93M | -100,455 | Closed |
|
|
SV
54
Stilwell Value
New York
| – | -$1.19M | -61,762 | Closed |
|
|
SM
55
Salzhauer Michael
| – | -$514K | -31,200 | Closed |
|
|
MI
56
M3F Inc
Salt Lake City,
Utah
| – | -$422K | -22,000 | Closed |
|
|
MCA
57
Mendon Capital Advisors
Key Largo,
Florida
| – | -$404K | -21,070 | Closed |
|
|
EM
58
ELCO Management
New York
| – | -$399K | -20,775 | Closed |
|
CARE Hedge Fund Activity: Q2 2019 in Review
51 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Carter Bankshares (CARE) for Q2 2019, worth a combined $124M — up 51% from $81.7M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CARE positions and 7 closed out — a net gain of 19 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $24.9M. The largest seller was FJ Capital Management, cutting an estimated $5.44M.
- 51 institutional investors held Carter Bankshares (CARE) as of Q2 2019, up from 32 in Q1 2019.
- Funds reported $124M of Carter Bankshares stock for Q2 2019, up 51% quarter-over-quarter.
- 26 funds opened new Carter Bankshares positions in Q2 2019 and 7 closed out, a net change of +19 holders.
- The largest Carter Bankshares buyer in Q2 2019 was BlackRock, an estimated $24.9M added.
- The largest Carter Bankshares seller in Q2 2019 was FJ Capital Management, an estimated $5.44M sold.
Based on aggregated 13F filings for Q2 2019.