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CARO

Carolina Financial Corp.
CARO

Delisted

CARO was delisted on the 1st of May, 2020.

128 hedge funds and large institutions have $375M invested in Carolina Financial Corp. in 2020 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 51 increasing their positions, 40 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 21

28% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 40

6% more funds holding

Funds holding: 121128 (+7)

35% less capital invested

Capital invested by funds: $578M → $375M (-$204M)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
128
Holders Change
+7
Holders Change %
+5.79%
% of All Funds
2.82%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
30
Increased
51
Reduced
40
Closed
21
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$45.4M +$164K +4,700 +0.3%
VI
2
Versor Investments
New York
$32.5M +$28.7M +821,393 +189%
Vanguard Group
3
Vanguard Group
Pennsylvania
$27.6M +$463K +13,275 +1%
Victory Capital Management
4
Victory Capital Management
Texas
$21.8M +$14.3M +409,764 +95%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$21.5M +$327K +9,361 +1%
State Street
6
State Street
Massachusetts
$13M +$683K +19,570 +4%
AllianceBernstein
7
AllianceBernstein
Tennessee
$12.9M +$10.1M +289,017 +137%
TCM
8
Tributary Capital Management
Nebraska
$9.99M -$3.59M -102,954 -21%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$9.18M +$1.58M +45,396 +15%
Renaissance Technologies
10
Renaissance Technologies
New York
$8.32M -$3.55M -101,800 -24%
GLAM
11
Gardner Lewis Asset Management
Pennsylvania
$8.25M +$11.1M +318,992 New
Northern Trust
12
Northern Trust
Illinois
$7.46M +$877K +25,121 +10%
Goldman Sachs
13
Goldman Sachs
New York
$7.28M -$3.86M -110,571 -28%
Morgan Stanley
14
Morgan Stanley
New York
$6.67M +$2.38M +68,093 +36%
JAM
15
Jacobs Asset Management
New York
$5.97M
MCA
16
Mendon Capital Advisors
Florida
$5.94M -$7.53M -215,792 -48%
Loomis, Sayles & Company
17
Loomis, Sayles & Company
Massachusetts
$5.7M +$308K +8,829 +4%
Bank of America
18
Bank of America
North Carolina
$5.68M +$1.76M +50,373 +30%
T. Rowe Price Associates
19
T. Rowe Price Associates
Maryland
$5.2M -$4.39M -125,746 -38%
Assenagon Asset Management
20
Assenagon Asset Management
Luxembourg
$4.98M +$4.06M +116,346 +153%
AA
21
AQR Arbitrage
Connecticut
$4.95M +$3.32M +95,166 +99%
WAM
22
Wolverine Asset Management
Illinois
$4.61M +$6.13M +175,538 +6,397%
YCM
23
Yakira Capital Management
Connecticut
$4.26M +$5.75M +164,707 New
SCA
24
Stieven Capital Advisors
Missouri
$3.97M -$6.98K -200 -0.1%
Manulife (Manufacturers Life Insurance)
25
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$3.86M +$2M +57,257 +62%

CARO Hedge Fund Activity: Q1 2020 in Review

128 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Carolina Financial Corp. (CARO) for Q1 2020, worth a combined $375M — down 35% 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 51 added to existing stakes and 40 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 $375M of Carolina Financial Corp. stock for Q1 2020, down 35% 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.