Carter Bankshares
CARE
93 hedge funds and large institutions have $181M invested in Carter Bankshares in 2024 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 36 increasing their positions, 25 reducing their positions, and 8 closing their positions.
2,352% more call options, than puts
Call options by funds: $809K | Put options by funds: $33K
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
44% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 25
23% more capital invested
Capital invested by funds: $148M → $181M (+$33.6M)
8% more funds holding
Funds holding: 86 → 93 (+7)
2.76% more ownership
Funds ownership: 42.47% → 45.23% (+2.8%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$3.66M |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$3.03M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.61M |
| 4 |
Goldman Sachs
New York
|
+$1.59M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$4.67M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$573K |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
-$551K |
| 4 |
Millennium Management
New York
|
-$543K |
| 5 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$454K |
CARE Hedge Fund Activity: Q3 2024 in Review
93 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Carter Bankshares (CARE) for Q3 2024, worth a combined $181M — up 23% from $148M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new CARE positions and 8 closed out — a net gain of 7 holders — while 36 added to existing stakes and 25 trimmed.
The largest buyer was Kennedy Capital Management, adding an estimated $3.66M. The largest seller was AllianceBernstein, cutting an estimated $4.67M.
- 93 institutional investors held Carter Bankshares (CARE) as of Q3 2024, up from 86 in Q2 2024.
- Funds reported $181M of Carter Bankshares stock for Q3 2024, up 23% quarter-over-quarter.
- 15 funds opened new Carter Bankshares positions in Q3 2024 and 8 closed out, a net change of +7 holders.
- The largest Carter Bankshares buyer in Q3 2024 was Kennedy Capital Management, an estimated $3.66M added.
- The largest Carter Bankshares seller in Q3 2024 was AllianceBernstein, an estimated $4.67M sold.
Based on aggregated 13F filings for Q3 2024.