The divergence between hedge fund buyers and asset manager sellers suggests uncertainty. Monitor upcoming earnings for fundamental catalysts that could resolve the thesis. The small scale of the cluster limits immediate price impact.
Executive Summary
Institutional cluster for CRMT shows mixed conviction: two hedge funds (Point72 and Citadel) increased positions while four asset managers (Invesco, Legal & General, UBS, Franklin Resources) reduced holdings. Net selling of ~$4.4M dominates, but the buying by active quant funds suggests divergent views on the stock's prospects.
Key Financial Metrics
Institutional Positions
Net institutional flow: -$4.4M
▲ Buyers (2)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Point72 | DOUBLED | +290.9% | $80.0K | $50.0K |
| Citadel | ADD | +39.4% | $3.2M | -$96.1K |
▼ Sellers (4)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Franklin Resources | NEAR_EXIT | -89.2% | $2.9M | -$2.7M |
| Ubs Am, A Distinct Business Un | TRIM | -48.3% | $1.1M | -$703.9K |
| Invesco | TRIM | -26.3% | $1.6M | -$801.6K |
| Legal & General Group | TRIM | -26.5% | $347.0K | -$169.6K |
Key Facts
- 2 buyers (Point72 doubled, Citadel added) vs 4 sellers (Franklin Resources near-exit, UBS trimmed 48%, Invesco trimmed 26%, Legal & General trimmed 26%)
- Aggregate net selling of ~$4.4M; buyers' current holdings total $3.3M but net value change for buyers was -$45K due to price decline
- Franklin Resources sold 89% of its position, reducing from $2.9M to $220K
- Cluster is small in absolute dollar terms (~$4.9M total holdings) relative to CRMT's market cap
Financial Impact
Net institutional selling of approximately $4.4M, with buyers adding $50K (Point72) and reducing $96K (Citadel) in value despite share increases
Risk Factors
- 13F data is 45+ days old; positions may have been unwound
- Net selling by asset managers could indicate underlying fundamental concerns
- Low conviction signal due to mixed direction and small dollar amounts
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-CRMT-2024-Q3 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 21d ago | 8-K | $1.90 $1.74 | ▲ +8.42% | ▲ +8.20% | — |
Sep 9, 2026 23d ago | 8-K | $1.48 $1.74 | ▼ −17.57% | ▼ −17.90% | — |
Sep 4, 2026 28d ago | 8-K | $2.49 $1.68 | ▲ +32.53% | ▲ +31.41% | — |
Aug 14, 2026 7w ago | Institutional Cluster | $3.14 $2.22 | ▼ −29.30% | ▼ −28.11% | — |
Aug 14, 2026 7w ago | DEFA14A | $3.09 $2.38 | ▼ −22.98% | ▼ −21.61% | — |
Jul 14, 2026 11w ago | 8-K | $4.28 $3.45 | ▲ +19.39% | ▲ +18.10% | — |
Jul 14, 2026 11w ago | Press Release | $4.28 $3.45 | ▲ +19.39% | ▲ +18.10% | — |
Jun 20, 2026 14w ago | Press Release | $3.01 $2.60 | ▲ +13.62% | ▲ +11.55% | — |
Jun 11, 2026 16w ago | Institutional Cluster | $2.69 $2.21 | ▼ −17.84% | ▼ −18.28% | — |
Jun 11, 2026 16w ago | Institutional Cluster | $2.69 $2.21 | ▲ +17.84% | ▲ +18.28% | — |
US Market Status
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