Karooooo
KARO
33 hedge funds and large institutions have $132M invested in Karooooo in 2024 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 2 closing their positions.
550% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 2
50% more funds holding
Funds holding: 22 → 33 (+11)
37% more capital invested
Capital invested by funds: $96.8M → $132M (+$35.6M)
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
0.09% more ownership
Funds ownership: 10.72% → 10.81% (+0.09%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$1.07M |
| 2 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$957K |
| 3 |
Renaissance Technologies
New York
|
+$464K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$384K |
| 5 |
Polen Capital Management
Boca Raton,
Florida
|
+$384K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$2.38M |
| 2 |
6CM
683 Capital Management
New York
|
-$1.28M |
| 3 |
PMAM
Penn Mutual Asset Management
Conshohocken,
Pennsylvania
|
-$395K |
| 4 |
Barclays
London,
United Kingdom
|
-$125K |
| 5 |
BlackRock
New York
|
-$90.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Acadian Asset Management
Boston,
Massachusetts
| $160K | – | – | – |
|
|
27
Barclays
London,
United Kingdom
| $104K | -$125K | -3,447 | -57% |
|
28
Bank of America
Charlotte,
North Carolina
| $42.3K | +$38.6K | +1,067 | New |
|
29
JP Morgan Chase
New York
| $19.4K | -$33.3K | -922 | -65% |
|
|
NA
30
NewEdge Advisors
New Orleans,
Louisiana
| $8.4K | +$7.66K | +212 | New |
|
31
UBS Group
Zurich,
Switzerland
| $911 | +$831 | +23 | New |
|
|
FCM
32
Fourpath Capital Management
Oklahoma City,
Oklahoma
| $634 | +$578 | +16 | New |
|
33
Osaic Holdings
Scottsdale,
Arizona
| $198 | +$108 | +3 | +150% |
|
|
PMAM
34
Penn Mutual Asset Management
Conshohocken,
Pennsylvania
| – | -$395K | -13,754 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$10.7K | -364 | Closed |
|
KARO Hedge Fund Activity: Q3 2024 in Review
33 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Karooooo (KARO) for Q3 2024, worth a combined $132M — up 37% from $96.8M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new KARO positions and 2 closed out — a net gain of 11 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Marshall Wace, opening a new position worth an estimated $1.07M. The largest seller was Invesco, cutting an estimated $2.38M.
- 33 institutional investors held Karooooo (KARO) as of Q3 2024, up from 22 in Q2 2024.
- Funds reported $132M of Karooooo stock for Q3 2024, up 37% quarter-over-quarter.
- 13 funds opened new Karooooo positions in Q3 2024 and 2 closed out, a net change of +11 holders.
- The largest Karooooo buyer in Q3 2024 was Marshall Wace, an estimated $1.07M added.
- The largest Karooooo seller in Q3 2024 was Invesco, an estimated $2.38M sold.
Based on aggregated 13F filings for Q3 2024.