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 ($58.5m this quarter). Holder counts are more reliable. Shares outstanding: 868.3m as of 2025-01-31, 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 ≈ $68.29. Options: 34 managers hold calls ($404.4m notional), 33 hold puts ($531.7m).
Trends to Q4 2024
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 |
| Q3 2023 | 1,318 |
| Q4 2023 | 1,400 |
| Q1 2024 | 1,415 |
| Q2 2024 | 1,454 |
| Q3 2024 | 1,554 |
| Q4 2024 | 1,562 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 514 | 533 |
| Q2 2023 | 486 | 594 |
| Q3 2023 | 533 | 573 |
| Q4 2023 | 521 | 623 |
| Q1 2024 | 564 | 640 |
| Q2 2024 | 590 | 639 |
| Q3 2024 | 692 | 618 |
| Q4 2024 | 602 | 689 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $294.3m | $139.8m | 0.48 |
| Q2 2024 | $331.5m | $170.0m | 0.51 |
| Q3 2024 | $725.1m | $703.9m | 0.97 |
| Q4 2024 | $404.4m | $531.7m | 1.31 |
Biggest buyers
| BROWN ADVISORY INC | Added | +3.1m |
| MORGAN STANLEY | Added | +2.5m |
| Artisan Partners Limited Partnership | New | +2.4m |
| BlackRock, Inc. | Added | +2.2m |
| BNP PARIBAS FINANCIAL MARKETS | New | +1.5m |
| UBS Group AG | Added | +1.5m |
| Invesco Ltd. | Added | +1.5m |
| NORTHERN TRUST CORP | Added | +1.3m |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +1.1m |
| GOLDMAN SACHS GROUP INC | Added | +1.1m |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -31.2m |
| Capital Research Global Investors | Reduced | -19.7m |
| Capital International Investors | Reduced | -9.9m |
| Capital World Investors | Reduced | -2.7m |
| Nuveen Asset Management, LLC | Reduced | -1.9m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.8m |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -1.3m |
| MIZUHO SECURITIES USA LLC | Reduced | -962.9k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | Reduced | -898.0k |
| FMR LLC | Reduced | -844.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $62.2m911.6k shares |
| BARCLAYS PLC | Reduced | $28.4m415.5k shares |
| ROYAL BANK OF CANADA | Added | $27.3m400.0k shares |
| CITIGROUP INC | Added | $25.6m374.9k shares |
| CITADEL ADVISORS LLC | Reduced | $25.2m369.9k shares |
| BlackRock, Inc. | Reduced | $24.0m351.7k shares |
| JANE STREET GROUP, LLC | Reduced | $21.2m311.2k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $20.7m302.6k shares |
| PEAK6 LLC | First filing | $19.0m278.8k shares |
| IMC-Chicago, LLC | Reduced | $16.3m239.0k shares |
Biggest puts
| JANE STREET GROUP, LLC | Reduced | $190.7m2.8m shares |
| BARCLAYS PLC | Reduced | $88.9m1.3m shares |
| Gates Capital Management, Inc. | Reduced | $54.1m793.0k shares |
| Twin Tree Management, LP | Added | $32.0m469.2k shares |
| CITADEL ADVISORS LLC | Added | $30.4m446.0k shares |
| CITIGROUP INC | Reduced | $29.1m426.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $14.1m206.7k shares |
| IMC-Chicago, LLC | Added | $10.7m157.0k shares |
| SIMPLEX TRADING, LLC | Added | $10.7m157.0k shares |
| SIG BROKERAGE, LP | First filing | $10.2m150.0k 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 Q4 2024
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 |
|---|---|---|---|---|---|
| Q1 2023 | 0 | — | 3 | $11.1m | — |
| Q2 2023 | 0 | — | 2 | $10.5m | — |
| Q3 2023 | 0 | — | 2 | $12.1m | — |
| Q4 2023 | 0 | — | 1 | $956.8k | — |
| Q1 2024 | 0 | — | 3 | $21.3m | — |
| Q2 2024 | 0 | — | 4 | $20.4m | — |
| Q3 2024 | 0 | — | 1 | $4.0m | — |
| Q4 2024 | 0 | — | 2 | $13.2m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-11-07 | Crockett Kyle VP, Controller & CAO | Sold | $889.1k11.6k shares |
| 2024-11-06 | O'Connor Kevin J. Senior VP & CLO | Sold | $12.3m167.2k 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, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.11% of their portfolio | 95.3m $6.5bn | Added +108.0k |
| Capital Research Global Investors 1.06% of their portfolio | 75.5m $5.2bn | Reduced -19.7m |
| Capital International Investors 0.96% of their portfolio | 74.8m $5.1bn | Reduced -9.9m |
| BlackRock, Inc. 0.08% of their portfolio | 55.3m $3.8bn | Added +2.2m |
| Capital World Investors 0.46% of their portfolio | 44.8m $3.1bn | Reduced -2.7m |
| STATE STREET CORP 0.09% of their portfolio | 34.0m $2.3bn | Added +298.8k |
| JPMORGAN CHASE & CO 0.14% of their portfolio | 26.5m $1.8bn | Reduced -31.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 17.4m $1.2bn | Added +420.1k |
| Fisher Asset Management, LLC 0.39% of their portfolio | 14.3m $977.0m | Added +46.2k |
| Dodge & Cox 0.57% of their portfolio | 14.3m $976.5m | Reduced -40.7k |
| MORGAN STANLEY 0.06% of their portfolio | 13.3m $906.9m | Added +2.5m |
| Nuveen Asset Management, LLC 0.19% of their portfolio | 9.8m $670.6m | Reduced -1.9m |
| NORTHERN TRUST CORP 0.09% of their portfolio | 8.8m $603.9m | Added +1.3m |
| NORGES BANK 0.08% of their portfolio | 8.6m $588.0m | Added +385.6k |
| FMR LLC 0.03% of their portfolio | 7.9m $538.2m | Reduced -844.7k |
| Fiera Capital Corp 1.55% of their portfolio | 7.2m $493.3m | Reduced -350.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.11% of their portfolio | 6.9m $473.0m | Added +936.9k |
| Pictet Asset Management Holding SA 0.45% of their portfolio | 6.1m $415.1m | Added +126.2k |
| Bank of New York Mellon Corp 0.07% of their portfolio | 5.6m $383.3m | Reduced -68.7k |
| GOLDMAN SACHS GROUP INC 0.07% of their portfolio | 5.4m $370.6m | Added +1.1m |
| BROWN ADVISORY INC 0.46% of their portfolio | 5.3m $361.5m | Added +3.1m |
| Invesco Ltd. 0.06% of their portfolio | 5.1m $345.2m | Added +1.5m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 4.8m $330.2m | Added +93.0k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 4.7m $323.3m | Added +382.7k |
| Legal & General Group Plc 0.08% of their portfolio | 4.7m $317.9m | Reduced -203.3k |
| PineStone Asset Management Inc. 2.69% of their portfolio | 4.2m $287.1m | Added +98.8k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 4.2m $286.2m | Reduced -401.7k |
| C WorldWide Group Holding A/S 3.15% of their portfolio | 3.8m $258.2m | Reduced -312.9k |
| Amundi 0.09% of their portfolio | 3.7m $254.0m | Added +43.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.25% of their portfolio | 3.7m $249.5m | Reduced -442.8k |
| Impax Asset Management Group plc 1.08% of their portfolio | 3.5m $239.0m | Reduced -300.6k |
| UBS Group AG 0.05% of their portfolio | 3.5m $236.4m | Added +1.5m |
| FIDUCIARY MANAGEMENT INC /WI/ 2.05% of their portfolio | 3.2m $220.0m | Reduced -182.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.20% of their portfolio | 3.1m $213.9m | Reduced -537.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 3.1m $209.3m | Reduced -1.8m |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 2.9m $200.8m | Added +406.0k |
| Gates Capital Management, Inc. 5.89% of their portfolio | 2.9m $200.2m | Unchanged |
| PRINCIPAL FINANCIAL GROUP INC 0.10% of their portfolio | 2.7m $182.1m | Added +106.0k |
| ALLIANCEBERNSTEIN L.P. 0.06% of their portfolio | 2.7m $182.0m | Reduced -68.1k |
| Artisan Partners Limited Partnership 0.26% of their portfolio | 2.4m $166.1m | New |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 2.4m $163.9m | Added +280.1k |
| PRIMECAP MANAGEMENT CO/CA/ 0.13% of their portfolio | 2.4m $162.1m | Added +291.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio | 2.3m $160.2m | Added +126.3k |
| Swiss National Bank 0.10% of their portfolio | 2.3m $156.7m | Reduced -111.8k |
| National Pension Service 0.14% of their portfolio | 2.2m $148.2m | Added +272.5k |
| Burgundy Asset Management Ltd. 1.34% of their portfolio | 1.9m $133.0m | Reduced -611.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.09% of their portfolio | 1.9m $128.3m | Added +17.0k |
| Russell Investments Group, Ltd. 0.16% of their portfolio | 1.7m $119.4m | Added +280.8k |
| RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio | 1.6m $108.4m | First filing |
| MACKENZIE FINANCIAL CORP 0.05% of their portfolio | 1.6m $103.6m | Added +992.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio | 1.5m $103.8m | New |
| RHUMBLINE ADVISERS 0.09% of their portfolio | 1.5m $101.1m | Reduced -23.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.13% of their portfolio | 1.5m $99.2m | Added +75.9k |
| HSBC HOLDINGS PLC 0.06% of their portfolio | 1.4m $95.3m | Reduced -62.0k |
| BARCLAYS PLC 0.05% of their portfolio | 1.4m $94.7m | Reduced -310.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.09% of their portfolio | 1.4m $94.6m | Added +127.9k |
| DekaBank Deutsche Girozentrale 0.17% of their portfolio | 1.3m $94.3m | Unchanged |
| Ensign Peak Advisors, Inc 0.16% of their portfolio | 1.3m $89.7m | Added +285.8k |
| California Public Employees Retirement System 0.06% of their portfolio | 1.3m $89.3m | Reduced -102.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.09% of their portfolio | 1.3m $86.0m | Reduced -1.3m |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.10% of their portfolio | 1.3m $85.9m | Reduced -39.4k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 1.2m $82.4m | Reduced -131.3k |
| Bristol Gate Capital Partners Inc. 3.98% of their portfolio | 1.2m $81.7m | Reduced -325.9k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.27% of their portfolio | 1.1m $76.6m | Added +1.1m |
| HighTower Advisors, LLC 0.10% of their portfolio | 1.1m $76.5m | Reduced -38.0k |
| CANADA LIFE ASSURANCE Co 0.13% of their portfolio | 1.1m $73.5m | Added +106.1k |
| Capital International, Inc./CA/ 0.86% of their portfolio | 1.1m $73.0m | Reduced -92.6k |
| PNC Financial Services Group, Inc. 0.05% of their portfolio | 1.0m $69.9m | Reduced -35.6k |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 1.0m $69.8m | Added +292.6k |
| Formuepleje A/S 3.62% of their portfolio | 982.2k $67.0m | Reduced -68.2k |
| Alyeska Investment Group, L.P. 0.25% of their portfolio | 980.7k $66.9m | New |
| Capital Group Private Client Services, Inc. 0.57% of their portfolio | 913.6k $62.4m | Reduced -31.6k |
| Reynders McVeigh Capital Management, LLC 3.27% of their portfolio | 911.5k $62.2m | Reduced -23.3k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 903.2k $61.7m | Added +52.0k |
| TWINBEECH CAPITAL LP 1.05% of their portfolio | 898.4k $61.3m | Added +885.3k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 883.9k $60.3m | Reduced -321.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.11% of their portfolio | 842.2k $57.5m | Added +8.4k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.11% of their portfolio | 829.6k $56.6m | First filing |
| SEI INVESTMENTS CO 0.07% of their portfolio | 826.3k $56.4m | Added +597.7k |
| Rockefeller Capital Management L.P. 0.15% of their portfolio | 825.5k $56.3m | Reduced -366.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 800.7k $54.7m | Reduced -146.2k |
| AVIVA PLC 0.14% of their portfolio | 791.4k $54.0m | Reduced -14.9k |
| Zurich Insurance Group Ltd/FI 0.44% of their portfolio | 786.7k $53.7m | Reduced -834.3k |
| MACQUARIE GROUP LTD 0.06% of their portfolio | 778.6k $50.9m | Added +518.1k |
| CAPITAL INTERNATIONAL SARL 1.22% of their portfolio | 776.3k $53.0m | Reduced -11.3k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 736.8k $50.3m | Reduced -86.5k |
| Electron Capital Partners, LLC 2.90% of their portfolio | 736.0k $50.2m | Added +175.3k |
| Aberdeen Group plc 0.09% of their portfolio | 705.3k $48.2m | Reduced -38.4k |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 703.7k $48.0m | Added +695.7k |
| MARSHALL WACE, LLP 0.06% of their portfolio | 700.1k $47.8m | Added +661.8k |
| Tredje AP-fonden 0.43% of their portfolio | 693.7k $47.4m | Added +125.7k |
| Vontobel Holding Ltd. 0.16% of their portfolio | 683.7k $46.7m | Reduced -42.2k |
| GREAT LAKES ADVISORS, LLC 0.39% of their portfolio | 664.3k $45.3m | Reduced -5.7k |
| OFI INVEST ASSET MANAGEMENT 1.03% of their portfolio | 661.2k $43.6m | First filing |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 648.5k $44.3m | Reduced -21.6k |
| CI INVESTMENTS INC. 0.16% of their portfolio | 635.5k $43.4m | Reduced -20.8k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 632.6k $43.2m | Added +611.1k |
| JANE STREET GROUP, LLC 0.06% of their portfolio | 588.0k $40.1m | Added +442.2k |
| LPL Financial LLC 0.02% of their portfolio | 568.5k $38.8m | Added +59.0k |
| CITIGROUP INC 0.04% of their portfolio | 552.6k $37.7m | Reduced -453.2k |