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Carter Bankshares
CARE

74 hedge funds and large institutions have $68.2M invested in Carter Bankshares in 2020 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 25 increasing their positions, 20 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 12

25% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 20

7% more funds holding

Funds holding: 69 → 74 (+5)

1.8% less ownership

Funds ownership: 33.91% → 32.11% (-1.8%)

17% less capital invested

Capital invested by funds: $81.9M → $68.2M (-$13.7M)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
74
Holders Change
+5
Holders Change %
+7.25%
% of All Funds
1.52%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
17
Increased
25
Reduced
20
Closed
12
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
AllianceBernstein
AllianceBernstein
Tennessee
+$2.8M
2
PPA
Parametric Portfolio Associates
Washington
+$995K
3
Millennium Management
Millennium Management
New York
+$570K
4
Ameriprise
Ameriprise
Minnesota
+$570K
5
HCM
Huber Capital Management
California
+$534K

Top Sellers

Rank Fund Capital Flow
1
Russell Investments Group
Russell Investments Group
United Kingdom
-$5.6M
2
MFP
Michael F. Price
-$3.1M
3
Boston Partners
Boston Partners
Massachusetts
-$1.09M
4
PC
Permanens Capital
New York
-$563K
5
Swiss National Bank
Swiss National Bank
Switzerland
-$422K
Name Holding Trade Value Shares
Change 		Change in
Stake
AllianceBernstein
1
AllianceBernstein
Tennessee
$13.7M +$2.8M +348,628 +26%
BlackRock
2
BlackRock
New York
$13M +$15.6K +1,936 +0.1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$9.75M +$421K +52,432 +5%
State Street
4
State Street
Massachusetts
$3.4M -$322K -40,122 -9%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$2.77M +$51.5K +6,409 +2%
TAM
6
Third Avenue Management
New York
$2.17M – – –
LBS
7
Lawrence B. Seidman
$2.11M -$200K -24,900 -9%
Northern Trust
8
Northern Trust
Illinois
$2.08M -$59.6K -7,417 -3%
Acadian Asset Management
9
Acadian Asset Management
Massachusetts
$1.98M +$250K +31,100 +15%
MFP
10
Michael F. Price
$1.29M -$3.1M -386,293 -71%
BCM
11
Bridgeway Capital Management
Texas
$1.25M – – –
Charles Schwab
12
Charles Schwab
California
$1.23M +$102K +12,639 +9%
PPA
13
Parametric Portfolio Associates
Washington
$999K +$995K +123,835 New
N
14
Nuveen
North Carolina
$808K -$25.3K -3,149 -3%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$774K -$105K -13,026 -12%
Jacobs Levy Equity Management
16
Jacobs Levy Equity Management
New Jersey
$696K +$273K +33,996 +65%
Wells Fargo
17
Wells Fargo
California
$592K +$114K +14,128 +24%
Millennium Management
18
Millennium Management
New York
$573K +$570K +70,960 New
Ameriprise
19
Ameriprise
Minnesota
$572K +$570K +70,880 New
HCM
20
Huber Capital Management
California
$566K +$534K +66,478 +1,847%
Goldman Sachs
21
Goldman Sachs
New York
$514K +$171K +21,321 +50%
Stifel Financial
22
Stifel Financial
Missouri
$443K – – –
California Public Employees Retirement System
23
California Public Employees Retirement System
California
$404K +$157K +19,500 +64%
Los Angeles Capital Management
24
Los Angeles Capital Management
California
$398K +$264K +32,897 +201%
PAIM
25
Punch & Associates Investment Management
Minnesota
$372K -$384K -47,728 -51%
1
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CARE Hedge Fund Activity: Q2 2020 in Review

74 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Carter Bankshares (CARE) for Q2 2020, worth a combined $68.2M — down 17% from $81.9M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new CARE positions and 12 closed out — a net gain of 5 holders — while 25 added to existing stakes and 20 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $2.8M. The largest seller was Russell Investments Group, cutting an estimated $5.6M.

  • 74 institutional investors held Carter Bankshares (CARE) as of Q2 2020, up from 69 in Q1 2020.
  • Funds reported $68.2M of Carter Bankshares stock for Q2 2020, down 17% quarter-over-quarter.
  • 17 funds opened new Carter Bankshares positions in Q2 2020 and 12 closed out, a net change of +5 holders.
  • The largest Carter Bankshares buyer in Q2 2020 was AllianceBernstein, an estimated $2.8M added.
  • The largest Carter Bankshares seller in Q2 2020 was Russell Investments Group, an estimated $5.6M sold.

Based on aggregated 13F filings for Q2 2020.