CARRIER GLOBAL CORPORATION CARR
COM · Common Stock · CUSIP 14448C104 · ISIN US14448C1045
American air conditioning company
- SectorIndustrials
- IndustryAir-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
- HeadquartersPalm Beach Gardens, FL
- Founded1915
- Websitecorporate.carrier.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($30.2m this quarter). Holder counts are more reliable. Shares outstanding: 834.8m as of 2023-04-17, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $45.76. Options: 25 managers hold calls ($102.8m notional), 26 hold puts ($74.2m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,157 |
| Q4 2022 | 1,218 |
| Q1 2023 | 1,239 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 492 | 505 |
| Q1 2023 | 514 | 533 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $67.1m | $44.9m | 0.67 |
| Q4 2022 | $80.5m | $60.3m | 0.75 |
| Q1 2023 | $102.8m | $74.2m | 0.72 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +15.3m |
| Balyasny Asset Management L.P. | Added | +6.5m |
| Fisher Asset Management, LLC | Added | +6.3m |
| FMR LLC | Added | +2.7m |
| PineStone Asset Management Inc. | Added | +2.2m |
| VANGUARD GROUP INC | Added | +1.6m |
| VICTORY CAPITAL MANAGEMENT INC | Added | +1.5m |
| NORGES BANK | Added | +1.3m |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Added | +1.2m |
| Man Group plc | New | +858.7k |
Biggest sellers
| Capital World Investors | Reduced | -8.2m |
| Nuveen Asset Management, LLC | Reduced | -2.8m |
| Man Group plc | Sold out | -2.3m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -1.9m |
| Dodge & Cox | Reduced | -1.5m |
| Capital Research Global Investors | Reduced | -1.1m |
| JPMORGAN CHASE & CO | Reduced | -998.8k |
| Woodline Partners LP | Reduced | -824.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -785.7k |
| Korea Investment CORP | Reduced | -651.0k |
Biggest calls
| ROYAL BANK OF CANADA | Added | $27.4m600.0k shares |
| CITADEL ADVISORS LLC | Reduced | $10.7m233.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $10.4m226.4k shares |
| BANK OF AMERICA CORP /DE/ | New | $10.3m226.0k shares |
| Squarepoint Ops LLC | Reduced | $8.5m186.0k shares |
| SIMPLEX TRADING, LLC | Added | $6.6m144.5k shares |
| GROUP ONE TRADING LLC | Reduced | $6.4m140.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $3.7m80.7k shares |
| GARDA CAPITAL PARTNERS LP | New | $3.7m80.5k shares |
| Twin Tree Management, LP | New | $3.2m69.7k shares |
Biggest puts
| Twin Tree Management, LP | New | $19.6m429.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $15.3m334.3k shares |
| Walleye Trading LLC | Added | $5.1m112.5k shares |
| CITADEL ADVISORS LLC | Reduced | $4.5m98.3k shares |
| Squarepoint Ops LLC | Reduced | $4.2m92.7k shares |
| GARDA CAPITAL PARTNERS LP | New | $3.7m80.5k shares |
| Interval Partners, LP | New | $2.7m60.0k shares |
| PEAK6 Investments LLC | Added | $2.6m56.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.5m53.9k shares |
| GROUP ONE TRADING LLC | Reduced | $2.3m51.2k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Capital Research Global Investors 13G · institution -1.0 pts · filed 2026-08-12 | 12.8% |
| BlackRock, Inc. 13G · institution filed 2026-07-27 | 7.6% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.1% |
Fell to 5% or below in the last year: Viessmann Generations Group GmbH & Co. KG (4.6%, 2026-05-20), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC), Capital International Investors (3.0%, 2026-02-13)
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $1.9m | — |
| Q1 2022 | 0 | — | 1 | $168.4k | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $6.2m | — |
| Q1 2023 | 0 | — | 3 | $11.1m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-03-02 | Villeneuve Nadia Senior VP & CHRO | Sold | $933.4k20.5k shares |
| 2023-02-13 | Nelson Christopher John President, HVAC | Sold | $9.7m213.4k shares |
| 2023-02-09 | Crockett Kyle Vice President, Controller | Sold | $478.4k10.4k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.11% of their portfolio | 94.6m $4.3bn | Added +1.6m |
| Capital Research Global Investors 1.01% of their portfolio | 77.1m $3.5bn | Reduced -1.1m |
| Capital World Investors 0.69% of their portfolio | 72.8m $3.3bn | Reduced -8.2m |
| BlackRock Inc. 0.08% of their portfolio | 58.5m $2.7bn | Reduced -54.2k |
| Capital International Investors 0.67% of their portfolio | 56.6m $2.6bn | Reduced -284 |
| STATE STREET CORP 0.09% of their portfolio | 33.1m $1.5bn | Added +206.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.12% of their portfolio | 17.5m $799.8m | Added +15.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.10% of their portfolio | 17.4m $793.2m | Added +342.2k |
| Dodge & Cox 0.46% of their portfolio | 14.9m $681.4m | Reduced -1.5m |
| Nuveen Asset Management, LLC 0.23% of their portfolio | 13.7m $627.7m | Reduced -2.8m |
| Fiera Capital Corp 1.64% of their portfolio | 12.0m $547.5m | Reduced -220.7k |
| Fisher Asset Management, LLC 0.32% of their portfolio | 11.5m $525.9m | Added +6.3m |
| NORTHERN TRUST CORP 0.09% of their portfolio | 9.8m $447.4m | Added +134.4k |
| FMR LLC 0.02% of their portfolio | 9.1m $418.4m | Added +2.7m |
| MORGAN STANLEY 0.04% of their portfolio | 9.1m $414.9m | Reduced -346.0k |
| NORGES BANK 0.09% of their portfolio | 8.6m $391.5m | Added +1.3m |
| DIMENSIONAL FUND ADVISORS LP 0.11% of their portfolio | 7.1m $322.9m | Reduced -404.7k |
| Bank of New York Mellon Corp 0.07% of their portfolio | 7.0m $322.5m | Reduced -145.9k |
| Balyasny Asset Management L.P. 1.00% of their portfolio | 6.7m $304.7m | Added +6.5m |
| VICTORY CAPITAL MANAGEMENT INC 0.29% of their portfolio | 5.6m $255.9m | Added +1.5m |
| Legal & General Group Plc 0.09% of their portfolio | 5.6m $255.8m | Added +47.5k |
| Invesco Ltd. 0.07% of their portfolio | 5.3m $243.9m | Added +54.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.11% of their portfolio | 5.0m $229.8m | Added +232.0k |
| Burgundy Asset Management Ltd. 2.83% of their portfolio | 5.0m $229.1m | Reduced -37.2k |
| PRIMECAP MANAGEMENT CO/CA/ 0.19% of their portfolio | 4.9m $223.2m | Added +29.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 4.6m $209.8m | Added +11.0k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 4.6m $208.4m | Added +199.7k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.93% of their portfolio | 4.4m $199.1m | Reduced -185.0k |
| Gates Capital Management, Inc. 5.63% of their portfolio | 3.6m $164.3m | Reduced -147.4k |
| Swiss National Bank 0.10% of their portfolio | 3.3m $151.8m | Reduced -101.6k |
| CREDIT SUISSE AG/ 0.15% of their portfolio | 3.2m $146.7m | Reduced -152.1k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 3.1m $140.2m | Added +66.4k |
| Amundi 0.07% of their portfolio | 3.0m $127.2m | Added +617.2k |
| BROWN ADVISORY INC 0.21% of their portfolio | 2.7m $123.8m | Reduced -4.2k |
| PineStone Asset Management Inc. 2.80% of their portfolio | 2.5m $115.8m | Added +2.2m |
| Sumitomo Mitsui Trust Group, Inc. 0.08% of their portfolio | 2.5m $113.6m | Reduced -126.7k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 2.3m $103.0m | Added +46.6k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.2m $98.4m | Reduced -998.8k |
| Ensign Peak Advisors, Inc 0.19% of their portfolio | 1.9m $86.5m | Added +19.6k |
| Bank Julius Baer & Co. Ltd, Zurich 0.53% of their portfolio | 1.8m $83.4m | Added +35.0k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 1.7m $79.4m | Added +19.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 1.7m $78.1m | Reduced -164.4k |
| Mawer Investment Management Ltd. 0.41% of their portfolio | 1.7m $75.7m | Added +1.8k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.33% of their portfolio | 1.6m $75.3m | Added +1.2m |
| RAYMOND JAMES & ASSOCIATES 0.06% of their portfolio | 1.6m $74.7m | Added +56.6k |
| RHUMBLINE ADVISERS 0.09% of their portfolio | 1.6m $74.6m | Added +44.8k |
| Russell Investments Group, Ltd. 0.14% of their portfolio | 1.6m $72.9m | Added +294.8k |
| National Pension Service 0.13% of their portfolio | 1.6m $71.7m | Added +47.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.10% of their portfolio | 1.6m $72.1m | Reduced -1.9m |
| California Public Employees Retirement System 0.06% of their portfolio | 1.5m $70.9m | Reduced -275.7k |
| PICTET ASSET MANAGEMENT SA 0.09% of their portfolio | 1.5m $69.3m | Reduced -47.2k |
| BARCLAYS PLC 0.07% of their portfolio | 1.5m $67.1m | Added +467.0k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.4m $66.2m | Added +310.1k |
| PRUDENTIAL FINANCIAL INC 0.08% of their portfolio | 1.4m $54.0m | Added +208.6k |
| APG Asset Management N.V. 0.13% of their portfolio | 1.4m $59.9m | Reduced -142.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 1.4m $63.8m | Reduced -21.8k |
| CAUSEWAY CAPITAL MANAGEMENT LLC 1.52% of their portfolio | 1.4m $63.5m | Reduced -58.2k |
| Clean Energy Transition LLP 8.44% of their portfolio | 1.4m $62.2m | Added +127.6k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 1.4m $62.1m | Reduced -32.6k |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 1.4m $61.9m | Added +630.5k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 1.3m $58.5m | Added +73.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 1.3m $58.1m | Added +116.7k |
| CANADA LIFE ASSURANCE Co 0.14% of their portfolio | 1.2m $56.0m | Reduced -9.6k |
| PNC Financial Services Group, Inc. 0.05% of their portfolio | 1.2m $53.8m | Reduced -47.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 1.1m $52.4m | Reduced -33.7k |
| Capital Group Private Client Services, Inc. 0.65% of their portfolio | 1.1m $52.3m | Added +96.6k |
| HighTower Advisors, LLC 0.11% of their portfolio | 1.1m $51.0m | Added +6.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio | 1.1m $49.5m | Added +17.9k |
| UBS Group AG 0.02% of their portfolio | 1.1m $48.6m | Reduced -71.5k |
| Clark Capital Management Group, Inc. 0.54% of their portfolio | 1.1m $48.2m | Added +31.4k |
| HSBC HOLDINGS PLC 0.06% of their portfolio | 1.1m $48.1m | Added +11.8k |
| J.P. Morgan Private Wealth Advisors LLC 0.10% of their portfolio | 1.0m $47.4m | Reduced -366.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.06% of their portfolio | 1.0m $47.4m | Reduced -31.3k |
| Baird Financial Group, Inc. 0.11% of their portfolio | 1.0m $46.0m | Reduced -31.4k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.23% of their portfolio | 983.4k $45.0m | Reduced -155.2k |
| Reynders McVeigh Capital Management, LLC 3.02% of their portfolio | 959.1k $43.9m | Reduced -5.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.10% of their portfolio | 957.3k $43.8m | Reduced -18.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.10% of their portfolio | 939.4k $43.0m | Unchanged |
| SCOUT INVESTMENTS, INC. 0.85% of their portfolio | 912.1k $41.7m | Reduced -290.1k |
| Brandywine Global Investment Management, LLC 0.17% of their portfolio | 908.7k $41.6m | Added +422.7k |
| State of Tennessee, Department of Treasury 0.18% of their portfolio | 890.2k $40.7m | Added +673.8k |
| Boston Common Asset Management, LLC 0.84% of their portfolio | 883.1k $40.4m | Reduced -6.1k |
| Man Group plc 0.14% of their portfolio | 858.7k $39.3m | New |
| DEARBORN PARTNERS LLC 1.52% of their portfolio | 842.2k $38.5m | Added +14.0k |
| Capital International, Inc./CA/ 0.76% of their portfolio | 832.2k $38.1m | Added +46.2k |
| MEITAV INVESTMENT HOUSE LTD 0.64% of their portfolio | 819.8k $36.9m | Added +193.1k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.18% of their portfolio | 798.0k $36.5m | Added +30.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 783.0k $35.8m | Added +635.7k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.33% of their portfolio | 704.9k $32.2m | Added +632.8k |
| GREAT LAKES ADVISORS, LLC 0.29% of their portfolio | 704.6k $32.2m | Added +697.8k |
| Corient Private Wealth LP 0.08% of their portfolio | 680.6k $31.1m | Added +77.9k |
| AXA S.A. 0.10% of their portfolio | 667.0k $30.5m | Reduced -149.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.07% of their portfolio | 646.0k $29.6m | Added +55.0k |
| Davis Selected Advisers 0.19% of their portfolio | 624.3k $28.6m | Added +1.8k |
| AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 621.5k $28.3m | Reduced -79.2k |
| GLENMEDE TRUST CO NA 0.16% of their portfolio | 615.5k $28.2m | Reduced -11.5k |
| Industrial Alliance Investment Management Inc. 0.76% of their portfolio | 593.6k $27.2m | Reduced -219.9k |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 585.0k $26.8m | Reduced -413.5k |
| ExodusPoint Capital Management, LP 0.29% of their portfolio | 556.7k $25.5m | New |
| Waratah Capital Advisors Ltd. 1.26% of their portfolio | 556.2k $25.4m | Reduced -49.4k |