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Carrier Global

1,522 hedge funds and large institutions have $45.6B invested in Carrier Global in 2025 Q1 according to their latest regulatory filings, with 123 funds opening new positions, 527 increasing their positions, 565 reducing their positions, and 136 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more call options, than puts

Call options by funds: $275M | Put options by funds: $129M

1.42% more ownership

Funds ownership: 81.83%83.25% (+1.4%)

7% less repeat investments, than reductions

Existing positions increased: 527 | Existing positions reduced: 565

10% less first-time investments, than exits

New positions opened: 123 | Existing positions closed: 136

2% less funds holding

Funds holding: 1,5561,522 (-34)

9% less capital invested

Capital invested by funds: $50.1B → $45.6B (-$4.54B)

11% less funds holding in top 10

Funds holding in top 10: 98 (-1)

Holders
1,522
Holders Change
-34
Holders Change %
-2.19%
% of All Funds
20.41%
Holding in Top 10
8
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-11.11%
% of All Funds
0.11%
New
123
Increased
527
Reduced
565
Closed
136
Calls
$275M
Puts
$129M
Net Calls
+$146M
Net Calls Change
+$273M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$5.89B -$159M -2,390,445 -3%
Capital Research Global Investors
2
Capital Research Global Investors
California
$5.1B +$324M +4,874,714 +6%
Capital International Investors
3
Capital International Investors
California
$3.7B -$1.1B -16,495,991 -22%
BlackRock
4
BlackRock
New York
$3.47B -$36.2M -545,333 -1%
State Street
5
State Street
Massachusetts
$2.08B -$73.1M -1,100,800 -3%
JP Morgan Chase
6
JP Morgan Chase
New York
$1.97B +$310M +4,668,929 +18%
Capital World Investors
7
Capital World Investors
California
$1.81B -$1.08B -16,230,836 -36%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$1.1B -$840K -12,639 -0.1%
Fisher Asset Management
9
Fisher Asset Management
Washington
$926M +$19.1M +287,169 +2%
Morgan Stanley
10
Morgan Stanley
New York
$916M +$77M +1,159,651 +9%
Dodge & Cox
11
Dodge & Cox
California
$906M -$1.16M -17,490 -0.1%
N
12
Nuveen
North Carolina
$650M +$27.9M +420,299 +4%
Brown Advisory
13
Brown Advisory
Maryland
$613M +$291M +4,377,402 +83%
Norges Bank
14
Norges Bank
Norway
$550M +$3.63M +54,654 +0.6%
Northern Trust
15
Northern Trust
Illinois
$545M -$16.4M -246,360 -3%
UBS AM
16
UBS AM
Illinois
$442M +$2.54M +38,233 +0.6%
Fiera Capital (Canada)
17
Fiera Capital (Canada)
Quebec, Canada
$426M -$34.1M -513,691 -7%
Schroder Investment Management Group
18
Schroder Investment Management Group
United Kingdom
$413M +$224M +3,378,361 +108%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$347M -$9.55M -143,666 -3%
Invesco
20
Invesco
Georgia
$327M +$7.18M +108,055 +2%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$319M +$19.5M +292,801 +6%
Goldman Sachs
22
Goldman Sachs
New York
$315M -$30.7M -462,646 -9%
Bank of America
23
Bank of America
North Carolina
$303M +$38.7M +583,195 +14%
Charles Schwab
24
Charles Schwab
California
$301M -$5.91M -89,009 -2%
PAM
25
PineStone Asset Management
Quebec, Canada
$298M +$32.7M +492,669 +12%

CARR Hedge Fund Activity: Q1 2025 in Review

1,522 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Carrier Global (CARR) for Q1 2025, worth a combined $45.6B — down 9.1% from $50.1B a quarter earlier.

Sellers outnumbered buyers: 136 funds closed out of CARR and 123 opened new positions — a net loss of 13 holders — while 565 trimmed existing stakes and 527 added.

The largest buyer was Capital Research Global Investors, adding an estimated $324M. The largest seller was Capital International Investors, cutting an estimated $1.1B.

  • 1,522 institutional investors held Carrier Global (CARR) as of Q1 2025, down from 1,556 in Q4 2024.
  • Funds reported $45.6B of Carrier Global stock for Q1 2025, down 9.1% quarter-over-quarter.
  • 123 funds opened new Carrier Global positions in Q1 2025 and 136 closed out, a net change of -13 holders.
  • The largest Carrier Global buyer in Q1 2025 was Capital Research Global Investors, an estimated $324M added.
  • The largest Carrier Global seller in Q1 2025 was Capital International Investors, an estimated $1.1B sold.

Based on aggregated 13F filings for Q1 2025.