Carolina Financial Corp.
CARO
CARO was delisted on the 1st of May, 2020.
49 hedge funds and large institutions have $49.4M invested in Carolina Financial Corp. in 2016 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 4 closing their positions.
375% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 4
44% more funds holding
Funds holding: 34 → 49 (+15)
31% more capital invested
Capital invested by funds: $37.6M → $49.4M (+$11.8M)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.34M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$2.54M |
| 3 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$2.45M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$718K |
| 5 |
SIM
Spark Investment Management
New York
|
+$679K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.12M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$1.47M |
| 3 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$766K |
| 4 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$549K |
| 5 |
Millennium Management
New York
|
-$329K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Millennium Management
New York
| – | -$329K | -18,300 | Closed |
|
|
WA
52
Wasatch Advisors
Salt Lake City,
Utah
| – | -$180K | -10,000 | Closed |
|
|
BIT
53
BlackRock Institutional Trust
San Francisco,
California
| – | -$99K | -5,519 | Closed |
|
CARO Hedge Fund Activity: Q1 2016 in Review
49 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Carolina Financial Corp. (CARO) for Q1 2016, worth a combined $49.4M — up 31% from $37.6M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new CARO positions and 4 closed out — a net gain of 15 holders — while 10 added to existing stakes and 12 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $5.34M. The largest seller was Wellington Management Group, cutting an estimated $4.12M.
- 49 institutional investors held Carolina Financial Corp. (CARO) as of Q1 2016, up from 34 in Q4 2015.
- Funds reported $49.4M of Carolina Financial Corp. stock for Q1 2016, up 31% quarter-over-quarter.
- 19 funds opened new Carolina Financial Corp. positions in Q1 2016 and 4 closed out, a net change of +15 holders.
- The largest Carolina Financial Corp. buyer in Q1 2016 was Vanguard Group, an estimated $5.34M added.
- The largest Carolina Financial Corp. seller in Q1 2016 was Wellington Management Group, an estimated $4.12M sold.
Based on aggregated 13F filings for Q1 2016.