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, 10 increasing their positions, 2 reducing their positions, and 2 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 2
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
9% more funds holding
Funds holding: 23 → 25 (+2)
0.16% more ownership
Funds ownership: 10.56% → 10.72% (+0.16%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
48% less capital invested
Capital invested by funds: $160M → $83M (-$77.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Swedbank
Stockholm,
Sweden
|
+$561K |
| 2 |
Millennium Management
New York
|
+$242K |
| 3 |
Morgan Stanley
New York
|
+$187K |
| 4 |
Barclays
London,
United Kingdom
|
+$186K |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$125K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$230K |
| 2 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$82.6K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4.7K |
| 4 |
Lazard Asset Management
New York
|
-$1.05K |
KARO Hedge Fund Activity: Q1 2024 in Review
25 of the 6,959 institutional investors tracked by Wall St. Rank reported a position in Karooooo (KARO) for Q1 2024, worth a combined $83M — down 48% from $160M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new KARO positions and 2 closed out — a net gain of 2 holders — while 10 added to existing stakes and 2 trimmed.
The largest buyer was Swedbank, adding an estimated $561K. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $230K sold.
- 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 Vaughan Nelson Investment Management, an estimated $230K sold.
Based on aggregated 13F filings for Q1 2024.