Carter Bankshares
CARE
89 hedge funds and large institutions have $145M invested in Carter Bankshares in 2022 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 28 reducing their positions, and 9 closing their positions.
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
26% more capital invested
Capital invested by funds: $115M → $145M (+$29.7M)
6% more funds holding
Funds holding: 84 → 89 (+5)
1.13% more ownership
Funds ownership: 35.54% → 36.66% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$2.62M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.12M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$993K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$917K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$872K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$985K |
| 2 |
JCP
Jennifer C. Price
|
-$984K |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$747K |
| 4 |
MCM
Maltese Capital Management
New York
|
-$608K |
| 5 |
Millennium Management
New York
|
-$606K |
CARE Hedge Fund Activity: Q3 2022 in Review
89 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Carter Bankshares (CARE) for Q3 2022, worth a combined $145M — up 26% from $115M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new CARE positions and 9 closed out — a net gain of 6 holders — while 26 added to existing stakes and 28 trimmed.
The largest buyer was Hillsdale Investment Management, opening a new position worth an estimated $2.62M. The largest seller was Renaissance Technologies, cutting an estimated $985K.
- 89 institutional investors held Carter Bankshares (CARE) as of Q3 2022, up from 84 in Q2 2022.
- Funds reported $145M of Carter Bankshares stock for Q3 2022, up 26% quarter-over-quarter.
- 15 funds opened new Carter Bankshares positions in Q3 2022 and 9 closed out, a net change of +6 holders.
- The largest Carter Bankshares buyer in Q3 2022 was Hillsdale Investment Management, an estimated $2.62M added.
- The largest Carter Bankshares seller in Q3 2022 was Renaissance Technologies, an estimated $985K sold.
Based on aggregated 13F filings for Q3 2022.