Carter Bankshares
CARE
87 hedge funds and large institutions have $117M invested in Carter Bankshares in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 31 reducing their positions, and 17 closing their positions.
3,700% more call options, than puts
Call options by funds: $38K | Put options by funds: $1K
0.46% more ownership
Funds ownership: 39.69% → 40.15% (+0.46%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less funds holding
Funds holding: 100 → 87 (-13)
16% less capital invested
Capital invested by funds: $141M → $117M (-$23.2M)
26% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 31
65% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$3.77M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.75M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.33M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$583K |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$504K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.68M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.42M |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$1.1M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.09M |
| 5 |
BlackRock
New York
|
-$714K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCA
101
Harbor Capital Advisors
Chicago,
Illinois
| – | -$52.9K | -3,576 | Closed |
|
102
Lazard Asset Management
New York
| – | -$48K | -3,259 | Closed |
|
103
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$9.7K | -656 | Closed |
|
104
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1.58K | -107 | Closed |
|
CARE Hedge Fund Activity: Q3 2023 in Review
87 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Carter Bankshares (CARE) for Q3 2023, worth a combined $117M — down 16% from $141M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of CARE and 6 opened new positions — a net loss of 11 holders — while 31 trimmed existing stakes and 23 added.
The largest buyer was Fourthstone LLC, opening a new position worth an estimated $3.77M. The largest seller was Hillsdale Investment Management, exiting entirely with an estimated $1.68M sold.
- 87 institutional investors held Carter Bankshares (CARE) as of Q3 2023, down from 100 in Q2 2023.
- Funds reported $117M of Carter Bankshares stock for Q3 2023, down 16% quarter-over-quarter.
- 6 funds opened new Carter Bankshares positions in Q3 2023 and 17 closed out, a net change of -11 holders.
- The largest Carter Bankshares buyer in Q3 2023 was Fourthstone LLC, an estimated $3.77M added.
- The largest Carter Bankshares seller in Q3 2023 was Hillsdale Investment Management, an estimated $1.68M sold.
Based on aggregated 13F filings for Q3 2023.