Carolina Financial Corp.
CARO
CARO was delisted on the 1st of May, 2020.
108 hedge funds and large institutions have $365M invested in Carolina Financial Corp. in 2018 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 49 increasing their positions, 30 reducing their positions, and 20 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 30
7% less funds holding
Funds holding: 116 → 108 (-8)
21% less capital invested
Capital invested by funds: $464M → $365M (-$99.4M)
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$6.74M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$4.58M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.13M |
| 4 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
+$3.03M |
| 5 |
JAM
Jacobs Asset Management
New York
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$5.07M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$4.77M |
| 3 |
State Street
Boston,
Massachusetts
|
-$3.52M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$2.28M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.07M |
CARO Hedge Fund Activity: Q4 2018 in Review
108 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Carolina Financial Corp. (CARO) for Q4 2018, worth a combined $365M — down 21% from $464M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of CARO and 13 opened new positions — a net loss of 7 holders — while 30 trimmed existing stakes and 49 added.
The largest buyer was Mendon Capital Advisors, adding an estimated $6.74M. The largest seller was Phocas Financial Corp, exiting entirely with an estimated $5.07M sold.
- 108 institutional investors held Carolina Financial Corp. (CARO) as of Q4 2018, down from 116 in Q3 2018.
- Funds reported $365M of Carolina Financial Corp. stock for Q4 2018, down 21% quarter-over-quarter.
- 13 funds opened new Carolina Financial Corp. positions in Q4 2018 and 20 closed out, a net change of -7 holders.
- The largest Carolina Financial Corp. buyer in Q4 2018 was Mendon Capital Advisors, an estimated $6.74M added.
- The largest Carolina Financial Corp. seller in Q4 2018 was Phocas Financial Corp, an estimated $5.07M sold.
Based on aggregated 13F filings for Q4 2018.