Carter Bankshares
CARE
80 hedge funds and large institutions have $118M invested in Carter Bankshares in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 39 increasing their positions, 17 reducing their positions, and 6 closing their positions.
129% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 17
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
5% more funds holding
Funds holding: 76 → 80 (+4)
1.76% more ownership
Funds ownership: 34.15% → 35.91% (+1.8%)
6% less capital invested
Capital invested by funds: $126M → $118M (-$7.49M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$3.87M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$1.18M |
| 3 |
Two Sigma Advisers
New York
|
+$988K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$928K |
| 5 |
HCM
Huber Capital Management
El Segundo,
California
|
+$874K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HPCM
Hunter Perkins Capital Management
Lombard,
Illinois
|
-$3.35M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$957K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$935K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
-$875K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$838K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Federated Hermes
Pittsburgh,
Pennsylvania
| $4K | +$4.26K | +305 | New |
|
|
BCA
77
Berman Capital Advisors
Atlanta,
Georgia
| $3K | – | – | – |
|
|
HPC
78
HM Payson & Co
Portland,
Maine
| $1K | +$922 | +66 | New |
|
|
AIG
79
American International Group
New York
| $182 | +$18.2K | +1,305 | +10% |
|
|
BCM
80
Bridgeway Capital Management
Houston,
Texas
| – | -$838K | -60,000 | Closed |
|
|
KCM
81
Kennedy Capital Management
St Louis,
Missouri
| – | -$440K | -31,549 | Closed |
|
82
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$14K | -1,004 | Closed |
|
|
SFS
83
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$11K | -804 | Closed |
|
|
SPIA
84
Steward Partners Investment Advisory
New York
| – | -$6.09K | -436 | Closed |
|
85
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -112 | Closed |
|
CARE Hedge Fund Activity: Q2 2021 in Review
80 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Carter Bankshares (CARE) for Q2 2021, worth a combined $118M — down 6% from $126M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CARE positions and 6 closed out — a net gain of 4 holders — while 39 added to existing stakes and 17 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $3.87M. The largest seller was Hunter Perkins Capital Management, cutting an estimated $3.35M.
- 80 institutional investors held Carter Bankshares (CARE) as of Q2 2021, up from 76 in Q1 2021.
- Funds reported $118M of Carter Bankshares stock for Q2 2021, down 6% quarter-over-quarter.
- 10 funds opened new Carter Bankshares positions in Q2 2021 and 6 closed out, a net change of +4 holders.
- The largest Carter Bankshares buyer in Q2 2021 was Basswood Capital Management, an estimated $3.87M added.
- The largest Carter Bankshares seller in Q2 2021 was Hunter Perkins Capital Management, an estimated $3.35M sold.
Based on aggregated 13F filings for Q2 2021.