Karooooo
KARO
22 hedge funds and large institutions have $96.8M invested in Karooooo in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 5 closing their positions.
17% more capital invested
Capital invested by funds: $83M → $96.8M (+$13.8M)
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more ownership
Funds ownership: 10.72% → 10.72% (+0%)
12% less funds holding
Funds holding: 25 → 22 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Swedbank
Stockholm,
Sweden
|
+$711K |
| 2 |
PMAM
Penn Mutual Asset Management
Conshohocken,
Pennsylvania
|
+$395K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$329K |
| 4 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$307K |
| 5 |
Renaissance Technologies
New York
|
+$96.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.44M |
| 2 |
Barclays
London,
United Kingdom
|
-$259K |
| 3 |
Polen Capital Management
Boca Raton,
Florida
|
-$232K |
| 4 |
GC
Gobi Capital
San Francisco,
California
|
-$158K |
| 5 |
TAM
Tucker Asset Management
Littleton,
Colorado
|
-$30.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -51 | Closed |
|
27
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$125 | -5 | Closed |
|
KARO Hedge Fund Activity: Q2 2024 in Review
22 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Karooooo (KARO) for Q2 2024, worth a combined $96.8M — up 17% from $83M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of KARO and 2 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 9 added.
The largest buyer was Swedbank, adding an estimated $711K. The largest seller was Invesco, cutting an estimated $1.44M.
- 22 institutional investors held Karooooo (KARO) as of Q2 2024, down from 25 in Q1 2024.
- Funds reported $96.8M of Karooooo stock for Q2 2024, up 17% quarter-over-quarter.
- 2 funds opened new Karooooo positions in Q2 2024 and 5 closed out, a net change of -3 holders.
- The largest Karooooo buyer in Q2 2024 was Swedbank, an estimated $711K added.
- The largest Karooooo seller in Q2 2024 was Invesco, an estimated $1.44M sold.
Based on aggregated 13F filings for Q2 2024.