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 |
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.