Karooooo
KARO
19 hedge funds and large institutions have $74.9M invested in Karooooo in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 3 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
1% more capital invested
Capital invested by funds: $74.1M → $74.9M (+$730K)
0.16% more ownership
Funds ownership: 10.26% → 10.42% (+0.16%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
5% less funds holding
Funds holding: 20 → 19 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Polen Capital Management
Boca Raton,
Florida
|
+$2M |
| 2 |
GC
Gobi Capital
San Francisco,
California
|
+$713K |
| 3 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
+$417K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$302K |
| 5 |
SIC
Schwartz Investment Counsel
Plymouth,
Michigan
|
+$257K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.14M |
| 2 |
Barclays
London,
United Kingdom
|
-$331K |
| 3 |
Millennium Management
New York
|
-$255K |
| 4 |
Citigroup
New York
|
-$168K |
| 5 |
SDWIA
Schwarz Dygos Wheeler Investment Advisors
Minneapolis,
Minnesota
|
-$27.8K |
KARO Hedge Fund Activity: Q1 2023 in Review
19 of the 6,284 institutional investors tracked by Wall St. Rank reported a position in Karooooo (KARO) for Q1 2023, worth a combined $74.9M — up 0.99% from $74.1M a quarter earlier.
Fund positioning in KARO was balanced in Q1 2023: 3 funds opened new positions, 3 closed out, 9 added to existing stakes and 5 trimmed.
The largest buyer was Polen Capital Management, adding an estimated $2M. The largest seller was Ameriprise, exiting entirely with an estimated $2.14M sold.
- 19 institutional investors held Karooooo (KARO) as of Q1 2023, down from 20 in Q4 2022.
- Funds reported $74.9M of Karooooo stock for Q1 2023, up 0.99% quarter-over-quarter.
- 3 funds opened new Karooooo positions in Q1 2023 and 3 closed out, a net change of 0 holders.
- The largest Karooooo buyer in Q1 2023 was Polen Capital Management, an estimated $2M added.
- The largest Karooooo seller in Q1 2023 was Ameriprise, an estimated $2.14M sold.
Based on aggregated 13F filings for Q1 2023.