Carolina Financial Corp.
CARO
CARO was delisted on the 1st of May, 2020.
57 hedge funds and large institutions have $76M invested in Carolina Financial Corp. in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 14 reducing their positions, and 6 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 14
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
26% more capital invested
Capital invested by funds: $60.4M → $76M (+$15.6M)
6% more funds holding
Funds holding: 54 → 57 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.86M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$1.42M |
| 3 |
AI
Analytic Investors
Los Angeles,
California
|
+$512K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$487K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$463K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$1.87M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.68M |
| 3 |
JAM
Jacobs Asset Management
New York
|
-$1.44M |
| 4 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$765K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$532K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of America
Charlotte,
North Carolina
| $36K | +$4.79K | +232 | +17% |
|
52
Citigroup
New York
| $18K | -$3.96K | -192 | -19% |
|
53
BNP Paribas Financial Markets
Paris,
France
| $17.1K | +$7.41K | +359 | +89% |
|
54
BlackRock
New York
| $9K | -$18.8K | -912 | -70% |
|
55
UBS Group
Zurich,
Switzerland
| $7K | -$89.3K | -4,330 | -94% |
|
|
PAM
56
Panagora Asset Management
Boston,
Massachusetts
| $4K | +$3.57K | +173 | New |
|
|
TCIM
57
TIAA CREF Investment Management
New York
| $693 | -$3.51K | -170 | -0.5% |
|
|
MCM
58
Maltese Capital Management
New York
| – | -$1.87M | -100,000 | Closed |
|
|
KCM
59
Kennedy Capital Management
St Louis,
Missouri
| – | -$1.68M | -89,904 | Closed |
|
|
PP
60
Paloma Partners
Greenwich,
Connecticut
| – | -$365K | -19,522 | Closed |
|
|
SCM
61
Southport Capital Management
Chattanooga,
Tennessee
| – | -$359K | -19,200 | Closed |
|
|
EA
62
Emerald Acquisition
Seattle,
Washington
| – | -$181K | -9,684 | Closed |
|
|
SO
63
STRS Ohio
Columbus,
Ohio
| – | -$70.1K | -3,400 | Closed |
|
CARO Hedge Fund Activity: Q3 2016 in Review
57 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Carolina Financial Corp. (CARO) for Q3 2016, worth a combined $76M — up 26% from $60.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CARO positions and 6 closed out — a net gain of 3 holders — while 23 added to existing stakes and 14 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $5.86M. The largest seller was Maltese Capital Management, exiting entirely with an estimated $1.87M sold.
- 57 institutional investors held Carolina Financial Corp. (CARO) as of Q3 2016, up from 54 in Q2 2016.
- Funds reported $76M of Carolina Financial Corp. stock for Q3 2016, up 26% quarter-over-quarter.
- 9 funds opened new Carolina Financial Corp. positions in Q3 2016 and 6 closed out, a net change of +3 holders.
- The largest Carolina Financial Corp. buyer in Q3 2016 was Wellington Management Group, an estimated $5.86M added.
- The largest Carolina Financial Corp. seller in Q3 2016 was Maltese Capital Management, an estimated $1.87M sold.
Based on aggregated 13F filings for Q3 2016.