Carter Bankshares
CARE
83 hedge funds and large institutions have $122M invested in Carter Bankshares in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 17 increasing their positions, 36 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
2% more funds holding
Funds holding: 81 → 83 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.11% less ownership
Funds ownership: 42.24% → 42.13% (-0.11%)
16% less capital invested
Capital invested by funds: $145M → $122M (-$22.9M)
53% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$3.49M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$977K |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$782K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$406K |
| 5 |
FIA
FNY Investment Advisers
New York
|
+$389K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.07M |
| 2 |
BlackRock
New York
|
-$1.17M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$421K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$389K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$366K |
CARE Hedge Fund Activity: Q1 2024 in Review
83 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Carter Bankshares (CARE) for Q1 2024, worth a combined $122M — down 16% from $145M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CARE positions and 10 closed out — a net gain of 2 holders — while 17 added to existing stakes and 36 trimmed.
The largest buyer was Fourthstone LLC, adding an estimated $3.49M. The largest seller was Morgan Stanley, cutting an estimated $2.07M.
- 83 institutional investors held Carter Bankshares (CARE) as of Q1 2024, up from 81 in Q4 2023.
- Funds reported $122M of Carter Bankshares stock for Q1 2024, down 16% quarter-over-quarter.
- 12 funds opened new Carter Bankshares positions in Q1 2024 and 10 closed out, a net change of +2 holders.
- The largest Carter Bankshares buyer in Q1 2024 was Fourthstone LLC, an estimated $3.49M added.
- The largest Carter Bankshares seller in Q1 2024 was Morgan Stanley, an estimated $2.07M sold.
Based on aggregated 13F filings for Q1 2024.