Carolina Financial Corp.
CARO
CARO was delisted on the 1st of May, 2020.
128 hedge funds and large institutions have $364M invested in Carolina Financial Corp. in 2020 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 50 increasing their positions, 41 reducing their positions, and 21 closing their positions.
43% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 21
22% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 41
6% more funds holding
Funds holding: 121 → 128 (+7)
3.49% less ownership
Funds ownership: 60.1% → 56.61% (-3.5%)
37% less capital invested
Capital invested by funds: $578M → $364M (-$214M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VI
Versor Investments
New York
|
+$28.7M |
| 2 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$11.1M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$10.1M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$6.13M |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$5.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
-$57.3M |
| 2 |
Bank of New York Mellon
New York
|
-$8.41M |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$7.53M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$4.39M |
| 5 |
Goldman Sachs
New York
|
-$3.86M |
CARO Hedge Fund Activity: Q1 2020 in Review
128 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Carolina Financial Corp. (CARO) for Q1 2020, worth a combined $364M — down 37% from $578M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new CARO positions and 21 closed out — a net gain of 9 holders — while 50 added to existing stakes and 41 trimmed.
The largest buyer was Versor Investments, adding an estimated $28.7M. The largest seller was Janus Henderson Group, exiting entirely with an estimated $57.3M sold.
- 128 institutional investors held Carolina Financial Corp. (CARO) as of Q1 2020, up from 121 in Q4 2019.
- Funds reported $364M of Carolina Financial Corp. stock for Q1 2020, down 37% quarter-over-quarter.
- 30 funds opened new Carolina Financial Corp. positions in Q1 2020 and 21 closed out, a net change of +9 holders.
- The largest Carolina Financial Corp. buyer in Q1 2020 was Versor Investments, an estimated $28.7M added.
- The largest Carolina Financial Corp. seller in Q1 2020 was Janus Henderson Group, an estimated $57.3M sold.
Based on aggregated 13F filings for Q1 2020.