Carter Bankshares
CARE
70 hedge funds and large institutions have $55.7M invested in Carter Bankshares in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 31 reducing their positions, and 13 closing their positions.
0.29% less ownership
Funds ownership: 32.11% → 31.82% (-0.29%)
5% less funds holding
Funds holding: 74 → 70 (-4)
18% less capital invested
Capital invested by funds: $68.2M → $55.7M (-$12.5M)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
39% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
+$1.13M |
| 2 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
+$685K |
| 3 |
BCM
BHZ Capital Management
San Jose,
California
|
+$643K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$344K |
| 5 |
D.E. Shaw & Co
New York
|
+$207K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$708K |
| 2 |
Millennium Management
New York
|
-$573K |
| 3 |
TAM
Third Avenue Management
New York
|
-$458K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$372K |
| 5 |
SO
STRS Ohio
Columbus,
Ohio
|
-$372K |
CARE Hedge Fund Activity: Q3 2020 in Review
70 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Carter Bankshares (CARE) for Q3 2020, worth a combined $55.7M — down 18% from $68.2M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of CARE and 9 opened new positions — a net loss of 4 holders — while 31 trimmed existing stakes and 19 added.
The largest buyer was Huber Capital Management, adding an estimated $1.13M. The largest seller was State Street, cutting an estimated $708K.
- 70 institutional investors held Carter Bankshares (CARE) as of Q3 2020, down from 74 in Q2 2020.
- Funds reported $55.7M of Carter Bankshares stock for Q3 2020, down 18% quarter-over-quarter.
- 9 funds opened new Carter Bankshares positions in Q3 2020 and 13 closed out, a net change of -4 holders.
- The largest Carter Bankshares buyer in Q3 2020 was Huber Capital Management, an estimated $1.13M added.
- The largest Carter Bankshares seller in Q3 2020 was State Street, an estimated $708K sold.
Based on aggregated 13F filings for Q3 2020.