Who owns CARM (CARM)
Which tracked institutional funds hold CARM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CARM company fundamentals →
Ownership as of the 2025-Q4 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
Conviction spread
CARM’s largest tracked holder by dollar value, BARCLAYS PLC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in CARM divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q3 and 2025-Q4, across 7 tracked filers holding CARM, 3 increased or opened the position and 29 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BARCLAYS PLC added | 549,305 | $539K | 37.4% | 2025-Q3 |
| VANGUARD GROUP INC | 350,324 | $96K | 6.7% | 2025-Q3 |
| BlackRock, Inc. | 336,789 | $92K | 6.4% | 2025-Q3 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 293,686 | $80K | 5.6% | 2025-Q3 |
| GEODE CAPITAL MANAGEMENT, LLC | 250,495 | $69K | 4.8% | 2025-Q3 |
| Merck & Co., Inc. | 1,473,240 | $48K | 3.3% | 2026-Q1 |
| STATE STREET CORP | 85,106 | $23K | 1.6% | 2025-Q3 |
| NORTHERN TRUST CORP | 55,039 | $15K | 1.0% | 2025-Q3 |
| GTS SECURITIES LLC | 50,118 | $14K | 1.0% | 2025-Q3 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 30,988 | $8K | 0.6% | 2025-Q3 |
| BLODGETT WEALTH ADVISORS, LLC | 24,001 | $7K | 0.5% | 2025-Q3 |
| Virtu Financial LLC added | 22,854 | $6K | 0.4% | 2025-Q3 |
| GOLDMAN SACHS GROUP INC added | 16,410 | $4K | 0.3% | 2025-Q3 |
| Dynamic Financial Group | 15,350 | $4K | 0.3% | 2025-Q3 |
| TWO SIGMA SECURITIES, LLC trimmed | 12,828 | $4K | 0.2% | 2025-Q3 |
| CITIGROUP INC added | 11,274 | $3K | 0.2% | 2025-Q3 |
| UBS Group AG trimmed | 7,032 | $2K | 0.1% | 2025-Q3 |
| XTX Topco Ltd added | 40,097 | $2K | 0.1% | 2025-Q4 |
| Empowered Funds, LLC | 30,988 | $1K | 0.1% | 2025-Q4 |
| MORGAN STANLEY | 3,185 | $873 | 0.1% | 2025-Q3 |
| GROUP ONE TRADING LLC | 2,230 | $611 | 0.0% | 2025-Q3 |
| Baader Bank Aktiengesellschaft added | 19,515 | $517 | 0.0% | 2025-Q4 |
| BANK OF AMERICA CORP /DE/ added | 1,398 | $383 | 0.0% | 2025-Q3 |
| JPMORGAN CHASE & CO | 921 | $252 | 0.0% | 2025-Q3 |
| BNP PARIBAS FINANCIAL MARKETS | 347 | $95 | 0.0% | 2025-Q3 |
| Carolina Wealth Advisors, LLC | 150 | $41 | 0.0% | 2025-Q3 |
| SBI Securities Co., Ltd. trimmed | 107 | $29 | 0.0% | 2025-Q3 |
| OSAIC HOLDINGS, INC. | 142 | $29 | 0.0% | 2025-Q3 |
| Medallion Wealth Advisors, LLC | 100 | $27 | 0.0% | 2025-Q3 |
| Union Bancaire Privee, UBP SA | 785 | $22 | 0.0% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ | 50 | $13 | 0.0% | 2025-Q3 |
| HARBOUR INVESTMENTS, INC. | 37 | $10 | 0.0% | 2025-Q3 |
| IFP Advisors, Inc | 206 | $9 | 0.0% | 2025-Q4 |
| ORG Partners LLC | 200 | $8 | 0.0% | 2025-Q4 |
| Ascentis Independent Advisors new | 200 | $6 | 0.0% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP | 16 | $5 | 0.0% | 2025-Q3 |
| ROYAL BANK OF CANADA trimmed | 32 | — | 0.0% | 2025-Q3 |
| AJU IB Investment Co., Ltd. | 718,332 | $281K | 19.5% | 2025-Q2 stale |
| Universal- Beteiligungs- und Servicegesellschaft mbH new | 200,000 | $62K | 4.3% | 2025-Q1 stale |
| JANE STREET GROUP, LLC trimmed | 150,810 | $59K | 4.1% | 2025-Q2 stale |
| Stratos Wealth Partners, LTD. added | 22,200 | $7K | 0.5% | 2025-Q1 stale |
| LPL Financial LLC | 20,895 | $6K | 0.4% | 2025-Q1 stale |
| StoneX Group Inc. new | 10,732 | $3K | 0.2% | 2025-Q1 stale |
| FEDERATED HERMES, INC. added | 5,629 | $2K | 0.1% | 2025-Q1 stale |
| Bank & Trust Co | 525 | $206 | 0.0% | 2025-Q2 stale |
| Peoples Bank/KS | 250 | $77 | 0.0% | 2025-Q1 stale |
| RAYMOND JAMES FINANCIAL INC new | 75 | $29 | 0.0% | 2025-Q2 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.