Carter Bankshares
CARE
86 hedge funds and large institutions have $148M invested in Carter Bankshares in 2024 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 35 increasing their positions, 19 reducing their positions, and 13 closing their positions.
300% more call options, than puts
Call options by funds: $8K | Put options by funds: $2K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
84% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 19
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
21% more capital invested
Capital invested by funds: $123M → $148M (+$25.2M)
4% more funds holding
Funds holding: 83 → 86 (+3)
0.34% more ownership
Funds ownership: 42.13% → 42.47% (+0.34%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$2.67M |
| 2 |
Goldman Sachs
New York
|
+$1.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.01M |
| 4 |
Millennium Management
New York
|
+$959K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$930K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$8.78M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.93M |
| 3 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
-$822K |
| 4 |
JP Morgan Chase
New York
|
-$311K |
| 5 |
FIA
FNY Investment Advisers
New York
|
-$258K |
CARE Hedge Fund Activity: Q2 2024 in Review
86 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Carter Bankshares (CARE) for Q2 2024, worth a combined $148M — up 21% from $123M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CARE positions and 13 closed out — a net gain of 4 holders — while 35 added to existing stakes and 19 trimmed.
The largest buyer was EJF Capital, opening a new position worth an estimated $2.67M. The largest seller was Fourthstone LLC, cutting an estimated $8.78M.
- 86 institutional investors held Carter Bankshares (CARE) as of Q2 2024, up from 83 in Q1 2024.
- Funds reported $148M of Carter Bankshares stock for Q2 2024, up 21% quarter-over-quarter.
- 17 funds opened new Carter Bankshares positions in Q2 2024 and 13 closed out, a net change of +4 holders.
- The largest Carter Bankshares buyer in Q2 2024 was EJF Capital, an estimated $2.67M added.
- The largest Carter Bankshares seller in Q2 2024 was Fourthstone LLC, an estimated $8.78M sold.
Based on aggregated 13F filings for Q2 2024.