Carrols Restaurant Group, Inc.
TAST
TAST was delisted on the 15th of May, 2024.
124 hedge funds and large institutions have $170M invested in Carrols Restaurant Group, Inc. in 2023 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 40 increasing their positions, 33 reducing their positions, and 11 closing their positions.
200% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 11
175% more call options, than puts
Call options by funds: $569K | Put options by funds: $207K
48% more capital invested
Capital invested by funds: $115M → $170M (+$55.2M)
21% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 33
19% more funds holding
Funds holding: 104 → 124 (+20)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
+$9.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$4.41M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$3.65M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.63M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$6.51M |
| 2 |
ACM
Atika Capital Management
New York
|
-$4.72M |
| 3 |
Millennium Management
New York
|
-$3.21M |
| 4 |
RA
Royce & Associates
New York
|
-$1.49M |
| 5 |
SP
Solel Partners
Boston,
Massachusetts
|
-$1.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
126
Portolan Capital Management
Boston,
Massachusetts
| – | -$6.51M | -1,290,843 | Closed |
|
|
AG
127
Algert Global
San Francisco,
California
| – | -$360K | -71,360 | Closed |
|
128
Citadel Advisors
Miami,
Florida
| – | -$424K | -68,872 | Closed |
|
129
Marshall Wace
London,
United Kingdom
| – | -$170K | -33,649 | Closed |
|
|
WC
130
Wexford Capital
West Palm Beach,
Florida
| – | -$150K | -29,700 | Closed |
|
|
SSA
131
Schonfeld Strategic Advisors
New York
| – | -$133K | -26,300 | Closed |
|
|
PMAM
132
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$116K | -22,900 | Closed |
|
|
PWM
133
Prosperity Wealth Management
San Ramon,
California
| – | -$61.3K | -12,163 | Closed |
|
134
Lazard Asset Management
New York
| – | -$60K | -11,913 | Closed |
|
135
Group One Trading
Chicago,
Illinois
| – | -$34.7K | -5,642 | Closed |
|
|
FGAM
136
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$270 | -5 | Closed |
|
TAST Hedge Fund Activity: Q3 2023 in Review
124 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Carrols Restaurant Group, Inc. (TAST) for Q3 2023, worth a combined $170M — up 48% from $115M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new TAST positions and 11 closed out — a net gain of 22 holders — while 40 added to existing stakes and 33 trimmed.
The largest buyer was Divisadero Street Capital Management, opening a new position worth an estimated $9.2M. The largest seller was Portolan Capital Management, exiting entirely with an estimated $6.51M sold.
- 124 institutional investors held Carrols Restaurant Group, Inc. (TAST) as of Q3 2023, up from 104 in Q2 2023.
- Funds reported $170M of Carrols Restaurant Group, Inc. stock for Q3 2023, up 48% quarter-over-quarter.
- 33 funds opened new Carrols Restaurant Group, Inc. positions in Q3 2023 and 11 closed out, a net change of +22 holders.
- The largest Carrols Restaurant Group, Inc. buyer in Q3 2023 was Divisadero Street Capital Management, an estimated $9.2M added.
- The largest Carrols Restaurant Group, Inc. seller in Q3 2023 was Portolan Capital Management, an estimated $6.51M sold.
Based on aggregated 13F filings for Q3 2023.