Carter Bankshares
CARE
80 hedge funds and large institutions have $150M invested in Carter Bankshares in 2021 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 28 increasing their positions, 25 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
12% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 25
12% more capital invested
Capital invested by funds: $134M → $150M (+$15.4M)
8% more funds holding
Funds holding: 74 → 80 (+6)
1.15% more ownership
Funds ownership: 35.62% → 36.77% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$3.51M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$770K |
| 3 |
Renaissance Technologies
New York
|
+$719K |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$592K |
| 5 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$537K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$7.44M |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$1.13M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$542K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
-$416K |
| 5 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$339K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Osaic Holdings
Scottsdale,
Arizona
| $5K | – | – | – |
|
77
Federated Hermes
Pittsburgh,
Pennsylvania
| $1K | +$151 | +10 | New |
|
78
Fidelity Investments
Boston,
Massachusetts
| $1K | +$647 | +43 | New |
|
79
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $225 | -$23.4K | -1,552 | -10% |
|
|
HF
80
HRT Financial
New York
| – | -$216K | -15,204 | Closed |
|
81
Invesco
Atlanta,
Georgia
| – | -$163K | -11,442 | Closed |
|
|
GLLW
82
Graves Light Lenhart Wealth
Harrisonburg,
Virginia
| – | -$29K | -2,009 | Closed |
|
83
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$45 | +3 | New |
|
CARE Hedge Fund Activity: Q4 2021 in Review
80 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Carter Bankshares (CARE) for Q4 2021, worth a combined $150M — up 12% from $134M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CARE positions and 4 closed out — a net gain of 7 holders — while 28 added to existing stakes and 25 trimmed.
The largest buyer was Maltese Capital Management, adding an estimated $3.51M. The largest seller was Basswood Capital Management, cutting an estimated $7.44M.
- 80 institutional investors held Carter Bankshares (CARE) as of Q4 2021, up from 74 in Q3 2021.
- Funds reported $150M of Carter Bankshares stock for Q4 2021, up 12% quarter-over-quarter.
- 11 funds opened new Carter Bankshares positions in Q4 2021 and 4 closed out, a net change of +7 holders.
- The largest Carter Bankshares buyer in Q4 2021 was Maltese Capital Management, an estimated $3.51M added.
- The largest Carter Bankshares seller in Q4 2021 was Basswood Capital Management, an estimated $7.44M sold.
Based on aggregated 13F filings for Q4 2021.