Carter Bankshares
CARE
72 hedge funds and large institutions have $98.8M invested in Carter Bankshares in 2020 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 13 closing their positions.
77% more capital invested
Capital invested by funds: $55.7M → $98.8M (+$43.1M)
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
3% more funds holding
Funds holding: 70 → 72 (+2)
1.52% more ownership
Funds ownership: 31.82% → 33.34% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HPCM
Hunter Perkins Capital Management
Lombard,
Illinois
|
+$4.1M |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
+$1.01M |
| 3 |
BlackRock
New York
|
+$820K |
| 4 |
State Street
Boston,
Massachusetts
|
+$622K |
| 5 |
Renaissance Technologies
New York
|
+$582K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Third Avenue Management
New York
|
-$1.36M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$808K |
| 3 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
-$638K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$428K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$338K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Russell Investments Group
London,
United Kingdom
| – | -$238K | -36,028 | Closed |
|
77
Citadel Advisors
Miami,
Florida
| – | -$112K | -16,786 | Closed |
|
|
WCM
78
Weld Capital Management
New York
| – | -$95K | -14,260 | Closed |
|
|
MAM
79
Martingale Asset Management
Boston,
Massachusetts
| – | -$89K | -13,326 | Closed |
|
80
Barclays
London,
United Kingdom
| – | -$70K | -10,477 | Closed |
|
81
BNP Paribas Financial Markets
Paris,
France
| – | -$38.3K | -5,753 | Closed |
|
|
PAM
82
Panagora Asset Management
Boston,
Massachusetts
| – | -$19K | -2,799 | Closed |
|
83
Osaic Holdings
Scottsdale,
Arizona
| – | -$16.7K | -1,966 | -97% |
|
|
ASN
84
Advisory Services Network
Atlanta,
Georgia
| – | -$1.34K | -158 | Closed |
|
CARE Hedge Fund Activity: Q4 2020 in Review
72 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Carter Bankshares (CARE) for Q4 2020, worth a combined $98.8M — up 77% from $55.7M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CARE positions and 13 closed out — a net gain of 3 holders — while 26 added to existing stakes and 19 trimmed.
The largest buyer was Hunter Perkins Capital Management, opening a new position worth an estimated $4.1M. The largest seller was Third Avenue Management, exiting entirely with an estimated $1.36M sold.
- 72 institutional investors held Carter Bankshares (CARE) as of Q4 2020, up from 70 in Q3 2020.
- Funds reported $98.8M of Carter Bankshares stock for Q4 2020, up 77% quarter-over-quarter.
- 16 funds opened new Carter Bankshares positions in Q4 2020 and 13 closed out, a net change of +3 holders.
- The largest Carter Bankshares buyer in Q4 2020 was Hunter Perkins Capital Management, an estimated $4.1M added.
- The largest Carter Bankshares seller in Q4 2020 was Third Avenue Management, an estimated $1.36M sold.
Based on aggregated 13F filings for Q4 2020.