Carolina Financial Corp.
CARO
CARO was delisted on the 1st of May, 2020.
121 hedge funds and large institutions have $578M invested in Carolina Financial Corp. in 2019 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 44 increasing their positions, 38 reducing their positions, and 12 closing their positions.
117% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 12
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
24% more capital invested
Capital invested by funds: $465M → $578M (+$113M)
16% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 38
10% more funds holding
Funds holding: 110 → 121 (+11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VI
Versor Investments
New York
|
+$17.1M |
| 2 |
Goldman Sachs
New York
|
+$14.7M |
| 3 |
Morgan Stanley
New York
|
+$6.58M |
| 4 |
BlackRock
New York
|
+$6.08M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$4.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$16.2M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$14.5M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$6.39M |
| 4 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$6.09M |
| 5 |
Millennium Management
New York
|
-$5.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
126
Driehaus Capital Management
Chicago,
Illinois
| – | -$747K | -21,029 | Closed |
|
|
CEP
127
Chicago Equity Partners
Chicago,
Illinois
| – | -$718K | -20,199 | Closed |
|
128
First Trust Advisors
Wheaton,
Illinois
| – | -$462K | -13,004 | Closed |
|
|
MFIM
129
Mesirow Financial Investment Management
Chicago,
Illinois
| – | -$359K | -10,105 | Closed |
|
130
AQR Capital Management
Greenwich,
Connecticut
| – | -$222K | -6,249 | Closed |
|
|
CIAS
131
Capital Investment Advisory Services
Raleigh,
North Carolina
| – | -$142K | -4,000 | Closed |
|
|
QT
132
Quantamental Technologies
White Plains,
New York
| – | -$18K | -500 | Closed |
|
|
WCM
133
Whitener Capital Management
Rocky Mount,
North Carolina
| – | -$2K | -81 | Closed |
|
CARO Hedge Fund Activity: Q4 2019 in Review
121 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Carolina Financial Corp. (CARO) for Q4 2019, worth a combined $578M — up 24% from $465M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CARO positions and 12 closed out — a net gain of 14 holders — while 44 added to existing stakes and 38 trimmed.
The largest buyer was Versor Investments, opening a new position worth an estimated $17.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $16.2M.
- 121 institutional investors held Carolina Financial Corp. (CARO) as of Q4 2019, up from 110 in Q3 2019.
- Funds reported $578M of Carolina Financial Corp. stock for Q4 2019, up 24% quarter-over-quarter.
- 26 funds opened new Carolina Financial Corp. positions in Q4 2019 and 12 closed out, a net change of +14 holders.
- The largest Carolina Financial Corp. buyer in Q4 2019 was Versor Investments, an estimated $17.1M added.
- The largest Carolina Financial Corp. seller in Q4 2019 was T. Rowe Price Associates, an estimated $16.2M sold.
Based on aggregated 13F filings for Q4 2019.