Carter Bankshares
CARE
69 hedge funds and large institutions have $81.9M invested in Carter Bankshares in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 26 increasing their positions, 20 reducing their positions, and 7 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 20
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
1% more funds holding
Funds holding: 68 → 69 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.46% less ownership
Funds ownership: 34.37% → 33.91% (-0.46%)
62% less capital invested
Capital invested by funds: $215M → $81.9M (-$133M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$3.55M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.38M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$675K |
| 4 |
BlackRock
New York
|
+$658K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$588K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$6.85M |
| 2 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$1.85M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.35M |
| 4 |
AG
AlphaSimPlex Group
Boston,
Massachusetts
|
-$1.03M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$708K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Fidelity Investments
Boston,
Massachusetts
| – | -$1K | -30 | Closed |
|
CARE Hedge Fund Activity: Q1 2020 in Review
69 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Carter Bankshares (CARE) for Q1 2020, worth a combined $81.9M — down 62% from $215M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CARE positions and 7 closed out — a net gain of 2 holders — while 26 added to existing stakes and 20 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $3.55M. The largest seller was Russell Investments Group, cutting an estimated $6.85M.
- 69 institutional investors held Carter Bankshares (CARE) as of Q1 2020, up from 68 in Q4 2019.
- Funds reported $81.9M of Carter Bankshares stock for Q1 2020, down 62% quarter-over-quarter.
- 9 funds opened new Carter Bankshares positions in Q1 2020 and 7 closed out, a net change of +2 holders.
- The largest Carter Bankshares buyer in Q1 2020 was AllianceBernstein, an estimated $3.55M added.
- The largest Carter Bankshares seller in Q1 2020 was Russell Investments Group, an estimated $6.85M sold.
Based on aggregated 13F filings for Q1 2020.