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Carter Bankshares

68 hedge funds and large institutions have $215M invested in Carter Bankshares in 2019 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 27 increasing their positions, 12 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

240% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 5

125% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 12

71% more capital invested

Capital invested by funds: $125M → $215M (+$89.3M)

19% more funds holding

Funds holding: 5768 (+11)

9.19% more ownership

Funds ownership: 25.18%34.37% (+9.2%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
68
Holders Change
+11
Holders Change %
+19.3%
% of All Funds
1.34%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
27
Reduced
12
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SO
51
STRS Ohio
Ohio
$142K
BNP Paribas Financial Markets
52
BNP Paribas Financial Markets
France
$131K +$54.6K +2,641 +92%
Legal & General Group
53
Legal & General Group
United Kingdom
$111K +$18.2K +879 +23%
Citigroup
54
Citigroup
New York
$110K +$84K +4,062 +715%
SG Americas Securities
55
SG Americas Securities
New York
$107K +$93.1K +4,500 New
HCM
56
Huber Capital Management
California
$85K -$91K -4,400 -55%
Bank of Montreal
57
Bank of Montreal
Ontario, Canada
$68K +$18.4K +887 +45%
Royal Bank of Canada
58
Royal Bank of Canada
Ontario, Canada
$56K +$34.9K +1,689 +250%
LTFS
59
Ladenburg Thalmann Financial Services
Florida
$55K +$41.4K +2,000 +426%
AIP
60
Ameritas Investment Partners
Nebraska
$47K
Canada Life
61
Canada Life
Manitoba, Canada
$37K +$33.1K +1,598 New
APA
62
American Portfolios Advisors
New York
$30.8K +$26.9K +1,300 New
PNC Financial Services Group
63
PNC Financial Services Group
Pennsylvania
$24K
KTC
64
Kistler-Tiffany Companies
Pennsylvania
$9K
TRCT
65
Tower Research Capital (TRC)
New York
$4K -$11.2K -543 -78%
Fifth Third Bancorp
66
Fifth Third Bancorp
Ohio
$3K
PA
67
Parallel Advisors
California
$2K +$1.72K +83 New
Fidelity Investments
68
Fidelity Investments
Massachusetts
$1K
FCM
69
FJ Capital Management
Virginia
-$9.41M -498,000 Closed
BFC
70
Banc Funds Company
Illinois
-$1.25M -66,406 Closed
Susquehanna International Group
71
Susquehanna International Group
Pennsylvania
-$199K -10,535 Closed
CAPTRUST Financial Advisors
72
CAPTRUST Financial Advisors
North Carolina
-$5K -250 Closed
Federated Hermes
73
Federated Hermes
Pennsylvania
-$1K -39 Closed

CARE Hedge Fund Activity: Q4 2019 in Review

68 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Carter Bankshares (CARE) for Q4 2019, worth a combined $215M — up 71% from $125M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new CARE positions and 5 closed out — a net gain of 12 holders — while 27 added to existing stakes and 12 trimmed.

The largest buyer was Russell Investments Group, adding an estimated $23.6M. The largest seller was FJ Capital Management, exiting entirely with an estimated $9.41M sold.

  • 68 institutional investors held Carter Bankshares (CARE) as of Q4 2019, up from 57 in Q3 2019.
  • Funds reported $215M of Carter Bankshares stock for Q4 2019, up 71% quarter-over-quarter.
  • 17 funds opened new Carter Bankshares positions in Q4 2019 and 5 closed out, a net change of +12 holders.
  • The largest Carter Bankshares buyer in Q4 2019 was Russell Investments Group, an estimated $23.6M added.
  • The largest Carter Bankshares seller in Q4 2019 was FJ Capital Management, an estimated $9.41M sold.

Based on aggregated 13F filings for Q4 2019.