Carter's
215 hedge funds and large institutions have $4.08B invested in Carter's in 2014 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 79 increasing their positions, 93 reducing their positions, and 39 closing their positions.
6% more capital invested
Capital invested by funds: $3.86B → $4.08B (+$224M)
0.51% less ownership
Funds ownership: 98.59% → 98.08% (-0.51%)
7% less call options, than puts
Call options by funds: $25M | Put options by funds: $27M
8% less funds holding
Funds holding: 234 → 215 (-19)
15% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 93
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
46% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Hound Partners
New York
|
+$69.4M |
| 2 |
MG
Meritage Group
San Francisco,
California
|
+$62.4M |
| 3 |
Tiger Global Management
New York
|
+$59.8M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
+$57.5M |
| 5 |
GCM
Glenview Capital Management
New York
|
+$36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hoplite Capital Management
New York
|
-$77.1M |
| 2 |
MAI
Marble Arch Investments
New York
|
-$58.2M |
| 3 |
Alkeon Capital Management
New York
|
-$55.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$51.6M |
| 5 |
Harris Associates
Chicago,
Illinois
|
-$45.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SEC
251
Seven Eight Capital
New York
| – | -$72K | -1,000 | Closed |
|
|
GPGA
252
Grandeur Peak Global Advisors
Salt Lake City,
Utah
| – | -$29K | -400 | Closed |
|
|
HNB
253
Huntington National Bank
Columbus,
Ohio
| – | -$28K | -391 | Closed |
|
254
Group One Trading
Chicago,
Illinois
| – | -$2.01K | -28 | Closed |
|
CRI Hedge Fund Activity: Q1 2014 in Review
215 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Carter's (CRI) for Q1 2014, worth a combined $4.08B — up 5.8% from $3.86B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of CRI and 21 opened new positions — a net loss of 18 holders — while 93 trimmed existing stakes and 79 added.
The largest buyer was Hound Partners, adding an estimated $69.4M. The largest seller was Hoplite Capital Management, exiting entirely with an estimated $77.1M sold.
- 215 institutional investors held Carter's (CRI) as of Q1 2014, down from 234 in Q4 2013.
- Funds reported $4.08B of Carter's stock for Q1 2014, up 5.8% quarter-over-quarter.
- 21 funds opened new Carter's positions in Q1 2014 and 39 closed out, a net change of -18 holders.
- The largest Carter's buyer in Q1 2014 was Hound Partners, an estimated $69.4M added.
- The largest Carter's seller in Q1 2014 was Hoplite Capital Management, an estimated $77.1M sold.
Based on aggregated 13F filings for Q1 2014.