Karooooo
KARO
23 hedge funds and large institutions have $64M invested in Karooooo in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
21% more funds holding
Funds holding: 19 → 23 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.06% less ownership
Funds ownership: 10.45% → 10.39% (-0.06%)
15% less capital invested
Capital invested by funds: $75.6M → $64M (-$11.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$699K |
| 2 |
BlackRock
New York
|
+$368K |
| 3 |
Renaissance Technologies
New York
|
+$253K |
| 4 |
JP Morgan Chase
New York
|
+$45.6K |
| 5 |
SIC
Schwartz Investment Counsel
Plymouth,
Michigan
|
+$23.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Polen Capital Management
Boca Raton,
Florida
|
-$1.48M |
| 2 |
Millennium Management
New York
|
-$295K |
| 3 |
Barclays
London,
United Kingdom
|
-$45.2K |
| 4 |
Morgan Stanley
New York
|
-$25.2K |
KARO Hedge Fund Activity: Q3 2023 in Review
23 of the 6,311 institutional investors tracked by Wall St. Rank reported a position in Karooooo (KARO) for Q3 2023, worth a combined $64M — down 15% from $75.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new KARO positions and 1 closed out — a net gain of 4 holders — while 7 added to existing stakes and 3 trimmed.
The largest buyer was Jupiter Asset Management, adding an estimated $699K. The largest seller was Polen Capital Management, cutting an estimated $1.48M.
- 23 institutional investors held Karooooo (KARO) as of Q3 2023, up from 19 in Q2 2023.
- Funds reported $64M of Karooooo stock for Q3 2023, down 15% quarter-over-quarter.
- 5 funds opened new Karooooo positions in Q3 2023 and 1 closed out, a net change of +4 holders.
- The largest Karooooo buyer in Q3 2023 was Jupiter Asset Management, an estimated $699K added.
- The largest Karooooo seller in Q3 2023 was Polen Capital Management, an estimated $1.48M sold.
Based on aggregated 13F filings for Q3 2023.