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 ($31.9m this quarter). Holder counts are more reliable. Shares outstanding: 837.6m as of 2023-07-17, 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 ≈ $49.67. Options: 22 managers hold calls ($148.5m notional), 27 hold puts ($177.8m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,157 |
| Q4 2022 | 1,218 |
| Q1 2023 | 1,239 |
| Q2 2023 | 1,262 |
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 |
| Q2 2023 | 486 | 594 |
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 |
| Q2 2023 | $148.5m | $177.8m | 1.20 |
Biggest buyers
| Capital International Investors | Added | +21.5m |
| Capital World Investors | Added | +8.0m |
| Capital Research Global Investors | Added | +6.1m |
| FIDUCIARY MANAGEMENT INC /WI/ | New | +4.4m |
| BlackRock Inc. | Added | +2.3m |
| Nuveen Asset Management, LLC | Added | +2.2m |
| JPMORGAN CHASE & CO | Added | +2.0m |
| PRINCIPAL FINANCIAL GROUP INC | Added | +1.7m |
| PICTET ASSET MANAGEMENT SA | Added | +1.7m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +1.1m |
Biggest sellers
| Balyasny Asset Management L.P. | Sold out | -6.7m |
| FMR LLC | Reduced | -3.5m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -1.6m |
| PineStone Asset Management Inc. | Reduced | -1.4m |
| Invesco Ltd. | Reduced | -1.2m |
| CREDIT SUISSE AG/ | Reduced | -1.2m |
| NORTHERN TRUST CORP | Reduced | -1.1m |
| Clark Capital Management Group, Inc. | Sold out | -1.1m |
| J.P. Morgan Private Wealth Advisors LLC | Sold out | -1.0m |
| NORGES BANK | Reduced | -1.0m |
Biggest calls
| UBS Group AG | New | $48.1m967.0k shares |
| CITADEL ADVISORS LLC | Added | $18.9m380.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $15.6m313.8k shares |
| JANE STREET GROUP, LLC | Added | $12.5m251.7k shares |
| Squarepoint Ops LLC | Reduced | $9.2m184.6k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $8.9m178.3k shares |
| GROUP ONE TRADING LLC | Reduced | $6.2m124.6k shares |
| Walleye Trading LLC | Added | $4.7m94.1k shares |
| WOLVERINE TRADING, LLC | New | $4.3m87.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.2m85.2k shares |
Biggest puts
| UBS Group AG | New | $59.8m1.2m shares |
| Gates Capital Management, Inc. | New | $49.7m1.0m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $15.6m314.7k shares |
| CITADEL ADVISORS LLC | Added | $6.9m139.2k shares |
| Walleye Trading LLC | Added | $6.2m125.5k shares |
| Twin Tree Management, LP | Reduced | $4.4m88.7k shares |
| Interval Partners, LP | Added | $3.5m70.0k shares |
| Squarepoint Ops LLC | Reduced | $3.5m69.7k shares |
| SIMPLEX TRADING, LLC | Added | $3.4m68.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.4m67.9k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2023 | 0 | — | 2 | $10.5m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-08 | Timperman Jurgen President, Fire & Security | Sold | $6.3m139.0k shares |
| 2023-06-08 | Timperman Jurgen President, Fire & Security | Sold | $3.3m74.4k shares |
| 2023-05-26 | O'Connor Kevin J. Senior VP & CLO | Sold | $865.7k21.0k 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, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.11% of their portfolio | 94.2m $4.7bn | Reduced -370.3k |
| Capital Research Global Investors 1.11% of their portfolio | 83.2m $4.1bn | Added +6.1m |
| Capital World Investors 0.77% of their portfolio | 80.8m $4.0bn | Added +8.0m |
| Capital International Investors 0.94% of their portfolio | 78.1m $3.9bn | Added +21.5m |
| BlackRock Inc. 0.08% of their portfolio | 60.8m $3.0bn | Added +2.3m |
| STATE STREET CORP 0.09% of their portfolio | 33.5m $1.7bn | Added +387.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.13% of their portfolio | 18.6m $926.0m | Added +1.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.10% of their portfolio | 17.8m $881.3m | Added +398.9k |
| Nuveen Asset Management, LLC 0.28% of their portfolio | 15.9m $791.3m | Added +2.2m |
| Dodge & Cox 0.49% of their portfolio | 14.7m $728.9m | Reduced -230.0k |
| Fisher Asset Management, LLC 0.34% of their portfolio | 12.5m $623.8m | Added +1.1m |
| Fiera Capital Corp 1.63% of their portfolio | 11.4m $564.2m | Reduced -617.2k |
| MORGAN STANLEY 0.05% of their portfolio | 9.4m $467.4m | Added +334.9k |
| NORTHERN TRUST CORP 0.08% of their portfolio | 8.7m $430.1m | Reduced -1.1m |
| NORGES BANK 0.07% of their portfolio | 7.5m $374.4m | Reduced -1.0m |
| DIMENSIONAL FUND ADVISORS LP 0.11% of their portfolio | 6.9m $344.4m | Reduced -130.8k |
| Bank of New York Mellon Corp 0.07% of their portfolio | 6.9m $341.4m | Reduced -181.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.35% of their portfolio | 6.4m $320.6m | Added +857.2k |
| Legal & General Group Plc 0.09% of their portfolio | 5.9m $290.9m | Added +260.8k |
| FMR LLC 0.02% of their portfolio | 5.6m $280.0m | Reduced -3.5m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.11% of their portfolio | 5.0m $229.8m | Unchanged |
| PRIMECAP MANAGEMENT CO/CA/ 0.20% of their portfolio | 4.9m $241.5m | Reduced -21.3k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 4.8m $238.8m | Added +248.5k |
| Burgundy Asset Management Ltd. 2.80% of their portfolio | 4.8m $238.0m | Reduced -219.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 4.5m $226.2m | Reduced -35.9k |
| FIDUCIARY MANAGEMENT INC /WI/ 2.21% of their portfolio | 4.4m $219.0m | New |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.97% of their portfolio | 4.3m $216.2m | Reduced -3.0k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 4.2m $206.8m | Added +2.0m |
| Invesco Ltd. 0.05% of their portfolio | 4.1m $204.8m | Reduced -1.2m |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 3.6m $177.8m | Added +513.4k |
| Gates Capital Management, Inc. 5.49% of their portfolio | 3.5m $175.8m | Reduced -55.9k |
| PICTET ASSET MANAGEMENT SA 0.19% of their portfolio | 3.2m $158.1m | Added +1.7m |
| Swiss National Bank 0.10% of their portfolio | 3.0m $149.9m | Reduced -303.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.09% of their portfolio | 2.8m $136.8m | Added +1.7m |
| BROWN ADVISORY INC 0.21% of their portfolio | 2.6m $131.4m | Reduced -63.0k |
| Rockefeller Capital Management L.P. 0.50% of their portfolio | 2.6m $128.4m | First filing |
| BARCLAYS PLC 0.08% of their portfolio | 2.6m $128.2m | Added +1.1m |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 2.5m $124.9m | Added +777.3k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 2.3m $114.1m | Added +43.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.09% of their portfolio | 2.3m $114.0m | Reduced -189.6k |
| Amundi 0.06% of their portfolio | 2.3m $113.7m | Reduced -749.1k |
| CREDIT SUISSE AG/ 0.10% of their portfolio | 2.0m $100.5m | Reduced -1.2m |
| Bank Julius Baer & Co. Ltd, Zurich 0.54% of their portfolio | 1.8m $90.1m | Reduced -9.0k |
| National Pension Service 0.13% of their portfolio | 1.7m $83.1m | Added +88.7k |
| RAYMOND JAMES & ASSOCIATES 0.07% of their portfolio | 1.7m $82.7m | Added +29.9k |
| MEITAV INVESTMENT HOUSE LTD 0.66% of their portfolio | 1.6m $81.6m | Added +824.5k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.36% of their portfolio | 1.6m $81.0m | Added +830.6k |
| RHUMBLINE ADVISERS 0.09% of their portfolio | 1.6m $80.8m | Reduced -4.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 1.6m $80.2m | Reduced -94.4k |
| FIRST TRUST ADVISORS LP 0.09% of their portfolio | 1.6m $78.2m | Added +221.6k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 1.6m $77.4m | Added +199.9k |
| PRUDENTIAL FINANCIAL INC 0.11% of their portfolio | 1.5m $76.6m | Added +111.9k |
| California Public Employees Retirement System 0.06% of their portfolio | 1.5m $74.8m | Reduced -44.9k |
| Russell Investments Group, Ltd. 0.14% of their portfolio | 1.5m $73.5m | Reduced -119.5k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.4m $71.5m | Reduced -8.8k |
| Capital Group Private Client Services, Inc. 0.82% of their portfolio | 1.4m $69.8m | Added +261.6k |
| APG Asset Management N.V. 0.13% of their portfolio | 1.4m $63.7m | Reduced -25.7k |
| Mawer Investment Management Ltd. 0.36% of their portfolio | 1.4m $68.7m | Reduced -271.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.10% of their portfolio | 1.4m $67.8m | Reduced -30.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 1.3m $63.6m | Added +9.7k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 1.2m $59.0m | Reduced -92.1k |
| PNC Financial Services Group, Inc. 0.05% of their portfolio | 1.2m $57.8m | Reduced -12.3k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.23% of their portfolio | 1.1m $57.1m | Reduced -498.2k |
| HighTower Advisors, LLC 0.11% of their portfolio | 1.1m $56.1m | Added +15.4k |
| PineStone Asset Management Inc. 2.68% of their portfolio | 1.1m $55.5m | Reduced -1.4m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 1.1m $55.3m | Reduced -32.0k |
| Ensign Peak Advisors, Inc 0.11% of their portfolio | 1.1m $54.8m | Reduced -788.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.07% of their portfolio | 1.1m $54.5m | Added +59.4k |
| DekaBank Deutsche Girozentrale 0.12% of their portfolio | 1.1m $53.7m | Added +856.7k |
| Handelsbanken Fonder AB 0.28% of their portfolio | 1.0m $51.7m | Added +774.4k |
| CANADA LIFE ASSURANCE Co 0.12% of their portfolio | 1.0m $51.1m | Reduced -200.3k |
| Clean Energy Transition LLP 6.91% of their portfolio | 1.0m $50.6m | Reduced -341.2k |
| iA Global Asset Management Inc. 1.32% of their portfolio | 1.0m $49.9m | First filing |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 989.7k $49.2m | Reduced -61.8k |
| Reynders McVeigh Capital Management, LLC 3.12% of their portfolio | 957.4k $47.6m | Reduced -1.7k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.21% of their portfolio | 932.1k $46.3m | Reduced -51.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.10% of their portfolio | 927.5k $46.1m | Reduced -11.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.10% of their portfolio | 921.3k $45.8m | Reduced -36.0k |
| Capital International, Inc./CA/ 0.82% of their portfolio | 910.6k $45.3m | Added +78.5k |
| Boston Common Asset Management, LLC 0.94% of their portfolio | 883.9k $43.9m | Added +817 |
| UBS Group AG 0.02% of their portfolio | 848.0k $42.2m | Reduced -213.3k |
| GREAT LAKES ADVISORS, LLC 0.42% of their portfolio | 843.6k $41.9m | Added +139.0k |
| DEARBORN PARTNERS LLC 1.60% of their portfolio | 840.8k $41.8m | Reduced -1.4k |
| Vontobel Holding Ltd. 0.34% of their portfolio | 790.6k $39.3m | Added +771.6k |
| Baird Financial Group, Inc. 0.10% of their portfolio | 789.5k $39.2m | Reduced -216.2k |
| Allspring Global Investments Holdings, LLC 0.06% of their portfolio | 765.6k $38.1m | Added +624.1k |
| CAUSEWAY CAPITAL MANAGEMENT LLC 0.99% of their portfolio | 754.1k $37.5m | Reduced -633.5k |
| TORONTO DOMINION BANK 0.03% of their portfolio | 737.8k $36.6m | Added +334.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.07% of their portfolio | 707.5k $35.2m | Added +61.6k |
| AMF Tjanstepension AB 0.32% of their portfolio | 702.2k $34.9m | New |
| AVIVA PLC 0.14% of their portfolio | 694.2k $34.5m | Added +540.4k |
| Corient Private Wealth LP 0.08% of their portfolio | 683.6k $34.0m | Added +3.0k |
| Davis Selected Advisers 0.19% of their portfolio | 624.5k $31.0m | Added +222 |
| GLENMEDE TRUST CO NA 0.16% of their portfolio | 614.8k $28.1m | Reduced -702 |
| Skandinaviska Enskilda Banken AB (publ) 0.20% of their portfolio | 614.3k $30.5m | Added +331.2k |
| State of Tennessee, Department of Treasury 0.13% of their portfolio | 611.3k $30.4m | Reduced -278.9k |
| MACKENZIE FINANCIAL CORP 0.05% of their portfolio | 607.8k $30.4m | Added +537.6k |
| Lombard Odier Asset Management (Europe) Ltd 1.42% of their portfolio | 595.3k $29.6m | New |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 586.3k $29.2m | Added +50.2k |
| CITIGROUP INC 0.04% of their portfolio | 568.5k $28.3m | Added +105.5k |