Carolina Financial Corp.
CARO
CARO was delisted on the 1st of May, 2020.
71 hedge funds and large institutions have $120M invested in Carolina Financial Corp. in 2016 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 26 increasing their positions, 16 reducing their positions, and 7 closing their positions.
214% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 7
63% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 16
59% more capital invested
Capital invested by funds: $76M → $120M (+$44.5M)
25% more funds holding
Funds holding: 57 → 71 (+14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$6.73M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
+$5.73M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$4.24M |
| 4 |
Renaissance Technologies
New York
|
+$3.84M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$8.33M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.71M |
| 3 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$3.26M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$3.04M |
| 5 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$2.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Brown Advisory
Baltimore,
Maryland
| – | -$558K | -25,000 | Closed |
|
|
EM
77
ELCO Management
New York
| – | -$312K | -13,949 | Closed |
|
|
AIM
78
Acrospire Investment Management
Chicago,
Illinois
| – | -$57K | -2,566 | Closed |
|
CARO Hedge Fund Activity: Q4 2016 in Review
71 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Carolina Financial Corp. (CARO) for Q4 2016, worth a combined $120M — up 59% from $76M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CARO positions and 7 closed out — a net gain of 15 holders — while 26 added to existing stakes and 16 trimmed.
The largest buyer was Systematic Financial Management, opening a new position worth an estimated $6.73M. The largest seller was EJF Capital, exiting entirely with an estimated $8.33M sold.
- 71 institutional investors held Carolina Financial Corp. (CARO) as of Q4 2016, up from 57 in Q3 2016.
- Funds reported $120M of Carolina Financial Corp. stock for Q4 2016, up 59% quarter-over-quarter.
- 22 funds opened new Carolina Financial Corp. positions in Q4 2016 and 7 closed out, a net change of +15 holders.
- The largest Carolina Financial Corp. buyer in Q4 2016 was Systematic Financial Management, an estimated $6.73M added.
- The largest Carolina Financial Corp. seller in Q4 2016 was EJF Capital, an estimated $8.33M sold.
Based on aggregated 13F filings for Q4 2016.