Carter Bankshares
CARE
57 hedge funds and large institutions have $125M invested in Carter Bankshares in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 13 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
62% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 13
12% more funds holding
Funds holding: 51 → 57 (+6)
1.39% more ownership
Funds ownership: 23.79% → 25.18% (+1.4%)
1% more capital invested
Capital invested by funds: $124M → $125M (+$1.56M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.1M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$3.79M |
| 3 |
BlackRock
New York
|
+$3.44M |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$2.61M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$19M |
| 2 |
Millennium Management
New York
|
-$271K |
| 3 |
HCM
Huber Capital Management
El Segundo,
California
|
-$186K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$177K |
| 5 |
Citigroup
New York
|
-$101K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
51
Ladenburg Thalmann Financial Services
Miami,
Florida
| $9K | – | – | – |
|
52
Russell Investments Group
London,
United Kingdom
| $8K | +$7.74K | +400 | New |
|
|
KTC
53
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| $7K | – | – | – |
|
54
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $5K | – | – | – |
|
55
Fifth Third Bancorp
Cincinnati,
Ohio
| $2K | – | – | – |
|
56
Fidelity Investments
Boston,
Massachusetts
| $1K | +$581 | +30 | New |
|
57
Federated Hermes
Pittsburgh,
Pennsylvania
| $1K | +$755 | +39 | New |
|
|
58
Millennium Management
New York
| – | -$271K | -13,721 | Closed |
|
CARE Hedge Fund Activity: Q3 2019 in Review
57 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Carter Bankshares (CARE) for Q3 2019, worth a combined $125M — up 1.3% from $124M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CARE positions and 1 closed out — a net gain of 6 holders — while 21 added to existing stakes and 13 trimmed.
The largest buyer was Vanguard Group, adding an estimated $10.1M. The largest seller was FJ Capital Management, cutting an estimated $19M.
- 57 institutional investors held Carter Bankshares (CARE) as of Q3 2019, up from 51 in Q2 2019.
- Funds reported $125M of Carter Bankshares stock for Q3 2019, up 1.3% quarter-over-quarter.
- 7 funds opened new Carter Bankshares positions in Q3 2019 and 1 closed out, a net change of +6 holders.
- The largest Carter Bankshares buyer in Q3 2019 was Vanguard Group, an estimated $10.1M added.
- The largest Carter Bankshares seller in Q3 2019 was FJ Capital Management, an estimated $19M sold.
Based on aggregated 13F filings for Q3 2019.