Carter Bankshares
CARE
76 hedge funds and large institutions have $126M invested in Carter Bankshares in 2021 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 19 increasing their positions, 28 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
27% more capital invested
Capital invested by funds: $98.8M → $126M (+$26.7M)
6% more funds holding
Funds holding: 72 → 76 (+4)
0.82% more ownership
Funds ownership: 33.34% → 34.15% (+0.82%)
32% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$1.44M |
| 2 |
TIA
Tandem Investment Advisors
Charleston,
South Carolina
|
+$1.21M |
| 3 |
BCM
Basswood Capital Management
New York
|
+$1.05M |
| 4 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
+$1.03M |
| 5 |
BlackRock
New York
|
+$891K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$864K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$520K |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$501K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
-$390K |
| 5 |
IA
IndexIQ Advisors
New York
|
-$245K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
76
IndexIQ Advisors
New York
| – | -$245K | -22,815 | Closed |
|
77
Invesco
Atlanta,
Georgia
| – | -$142K | -13,218 | Closed |
|
78
Squarepoint
New York
| – | -$129K | -11,993 | Closed |
|
|
AG
79
Algert Global
San Francisco,
California
| – | -$114K | -10,620 | Closed |
|
|
WC
80
Wexford Capital
West Palm Beach,
Florida
| – | -$41K | -3,805 | Closed |
|
|
PWPS
81
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| – | -$34K | -3,184 | Closed |
|
82
Schroder Investment Management Group
London,
United Kingdom
| – | -$20K | -1,900 | Closed |
|
83
Osaic Holdings
Scottsdale,
Arizona
| – | -$413 | -34 | -61% |
|
CARE Hedge Fund Activity: Q1 2021 in Review
76 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Carter Bankshares (CARE) for Q1 2021, worth a combined $126M — up 27% from $98.8M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CARE positions and 7 closed out — a net gain of 5 holders — while 19 added to existing stakes and 28 trimmed.
The largest buyer was Russell Investments Group, opening a new position worth an estimated $1.44M. The largest seller was Acadian Asset Management, cutting an estimated $864K.
- 76 institutional investors held Carter Bankshares (CARE) as of Q1 2021, up from 72 in Q4 2020.
- Funds reported $126M of Carter Bankshares stock for Q1 2021, up 27% quarter-over-quarter.
- 12 funds opened new Carter Bankshares positions in Q1 2021 and 7 closed out, a net change of +5 holders.
- The largest Carter Bankshares buyer in Q1 2021 was Russell Investments Group, an estimated $1.44M added.
- The largest Carter Bankshares seller in Q1 2021 was Acadian Asset Management, an estimated $864K sold.
Based on aggregated 13F filings for Q1 2021.