Carter Bankshares
CARE
74 hedge funds and large institutions have $134M invested in Carter Bankshares in 2021 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 32 reducing their positions, and 14 closing their positions.
14% more capital invested
Capital invested by funds: $118M → $134M (+$16M)
0.29% less ownership
Funds ownership: 35.91% → 35.62% (-0.29%)
8% less funds holding
Funds holding: 80 → 74 (-6)
34% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 32
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$6.79M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.93M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$721K |
| 4 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$462K |
| 5 |
HCM
Huber Capital Management
El Segundo,
California
|
+$322K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HPCM
Hunter Perkins Capital Management
Lombard,
Illinois
|
-$3M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$1.77M |
| 3 |
Charles Schwab
San Francisco,
California
|
-$1.27M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.25M |
| 5 |
Renaissance Technologies
New York
|
-$633K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
D.E. Shaw & Co
New York
| – | -$474K | -37,892 | Closed |
|
|
QC
77
Quadrature Capital
London,
United Kingdom
| – | -$244K | -19,492 | Closed |
|
|
TI
78
Trexquant Investment
Stamford,
Connecticut
| – | -$217K | -17,319 | Closed |
|
|
ECM
79
ExodusPoint Capital Management
New York
| – | -$207K | -16,533 | Closed |
|
|
PP
80
PDT Partners
New York
| – | -$154K | -12,300 | Closed |
|
81
Squarepoint
New York
| – | -$147K | -11,768 | Closed |
|
82
California Public Employees Retirement System
Sacramento,
California
| – | -$145K | -11,581 | Closed |
|
|
HWA
83
Heritage Wealth Advisors
Richmond,
Virginia
| – | -$109K | -8,700 | Closed |
|
84
UBS Group
Zurich,
Switzerland
| – | -$83.2K | -6,740 | -99% |
|
|
CWP
85
Concord Wealth Partners
Abingdon,
Virginia
| – | -$69K | -5,517 | Closed |
|
86
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$4K | -305 | Closed |
|
|
HPC
87
HM Payson & Co
Portland,
Maine
| – | -$1K | -66 | Closed |
|
|
EI
88
Ellevest Inc
New York
| – | +$37 | +3 | New |
|
CARE Hedge Fund Activity: Q3 2021 in Review
74 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Carter Bankshares (CARE) for Q3 2021, worth a combined $134M — up 14% from $118M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of CARE and 9 opened new positions — a net loss of 5 holders — while 32 trimmed existing stakes and 21 added.
The largest buyer was Basswood Capital Management, adding an estimated $6.79M. The largest seller was Hunter Perkins Capital Management, exiting entirely with an estimated $3M sold.
- 74 institutional investors held Carter Bankshares (CARE) as of Q3 2021, down from 80 in Q2 2021.
- Funds reported $134M of Carter Bankshares stock for Q3 2021, up 14% quarter-over-quarter.
- 9 funds opened new Carter Bankshares positions in Q3 2021 and 14 closed out, a net change of -5 holders.
- The largest Carter Bankshares buyer in Q3 2021 was Basswood Capital Management, an estimated $6.79M added.
- The largest Carter Bankshares seller in Q3 2021 was Hunter Perkins Capital Management, an estimated $3M sold.
Based on aggregated 13F filings for Q3 2021.