Karooooo
KARO
25 hedge funds and large institutions have $83M invested in Karooooo in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
9% more funds holding
Funds holding: 23 → 25 (+2)
0.05% more ownership
Funds ownership: 10.67% → 10.72% (+0.05%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
48% less capital invested
Capital invested by funds: $161M → $83M (-$78M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Swedbank
Stockholm,
Sweden
|
+$561K |
| 2 |
Millennium Management
New York
|
+$242K |
| 3 |
Barclays
London,
United Kingdom
|
+$186K |
| 4 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$125K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$68K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$634K |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$230K |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$82.6K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4.7K |
| 5 |
Lazard Asset Management
New York
|
-$1.05K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VNIM
26
Vaughan Nelson Investment Management
Houston,
Texas
| – | -$230K | -9,470 | Closed |
|
|
27
Robeco Institutional Asset Management
Rotterdam,
Netherlands
| – | -$82.6K | -3,400 | Closed |
|
KARO Hedge Fund Activity: Q1 2024 in Review
25 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Karooooo (KARO) for Q1 2024, worth a combined $83M — down 48% from $161M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new KARO positions and 2 closed out — a net gain of 2 holders — while 9 added to existing stakes and 3 trimmed.
The largest buyer was Swedbank, adding an estimated $561K. The largest seller was Morgan Stanley, cutting an estimated $634K.
- 25 institutional investors held Karooooo (KARO) as of Q1 2024, up from 23 in Q4 2023.
- Funds reported $83M of Karooooo stock for Q1 2024, down 48% quarter-over-quarter.
- 4 funds opened new Karooooo positions in Q1 2024 and 2 closed out, a net change of +2 holders.
- The largest Karooooo buyer in Q1 2024 was Swedbank, an estimated $561K added.
- The largest Karooooo seller in Q1 2024 was Morgan Stanley, an estimated $634K sold.
Based on aggregated 13F filings for Q1 2024.