Carolina Financial Corp.
CARO
CARO was delisted on the 1st of May, 2020.
116 hedge funds and large institutions have $464M invested in Carolina Financial Corp. in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 52 increasing their positions, 33 reducing their positions, and 17 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 33
4% less funds holding
Funds holding: 121 → 116 (-5)
11% less capital invested
Capital invested by funds: $523M → $464M (-$58.8M)
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$6.78M |
| 2 |
BlackRock
New York
|
+$6.36M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$5.89M |
| 4 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
+$4.52M |
| 5 |
Millennium Management
New York
|
+$4.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$10.1M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$9.19M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.51M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.45M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$1.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSWM
126
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
| – | -$373K | -8,693 | Closed |
|
|
ARTA
127
A.R.T. Advisors
New York
| – | -$356K | -8,297 | Closed |
|
128
D.E. Shaw & Co
New York
| – | -$224K | -5,226 | Closed |
|
129
Citadel Advisors
Miami,
Florida
| – | -$217K | -5,072 | Closed |
|
130
LPL Financial
San Diego,
California
| – | -$202K | -4,695 | Closed |
|
|
PIA
131
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$15K | -340 | Closed |
|
|
MAM
132
Meeder Asset Management
Dublin,
Ohio
| – | -$12K | -280 | Closed |
|
|
PCG
133
Private Capital Group
West Hartford,
Connecticut
| – | +$911 | +22 | New |
|
CARO Hedge Fund Activity: Q3 2018 in Review
116 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Carolina Financial Corp. (CARO) for Q3 2018, worth a combined $464M — down 11% from $523M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of CARO and 12 opened new positions — a net loss of 5 holders — while 33 trimmed existing stakes and 52 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $6.78M. The largest seller was Phocas Financial Corp, cutting an estimated $10.1M.
- 116 institutional investors held Carolina Financial Corp. (CARO) as of Q3 2018, down from 121 in Q2 2018.
- Funds reported $464M of Carolina Financial Corp. stock for Q3 2018, down 11% quarter-over-quarter.
- 12 funds opened new Carolina Financial Corp. positions in Q3 2018 and 17 closed out, a net change of -5 holders.
- The largest Carolina Financial Corp. buyer in Q3 2018 was T. Rowe Price Associates, an estimated $6.78M added.
- The largest Carolina Financial Corp. seller in Q3 2018 was Phocas Financial Corp, an estimated $10.1M sold.
Based on aggregated 13F filings for Q3 2018.