Aquatic Capital Management’s Carvana CVNA Stock Holding History

Aquatic Capital Management’s Portfolio CVNA Stock Details CVNA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-260,640	Closed	-$19.7M	–	1464
2025 Q3	$19.7M	Sell	260,640 -209,245	-45%	-$15M	0.36%	65
2025 Q2	$31.7M	Buy	469,885 +27,240	+6%	+$1.49M	0.64%	28
2025 Q1	$18.5M	Buy	442,645 +442,480	+268,170%	+$19.6M	0.47%	46
2024 Q4	$6.71K	Buy	+165	New	+$7.41K	﹤0.01%	1257
2022 Q4	–	Sell	-348,000	Closed	-$1.41M	–	1454
2022 Q3	$1.41M	Buy	348,000 +317,500	+1,041%	+$2.07M	0.14%	208
2022 Q2	$138K	Buy	30,500 +28,500	+1,425%	+$300K	0.05%	411
2022 Q1	$48K	Sell	2,000 -1,500	-43%	-$43.7K	0.07%	291
2021 Q4	$162K	Buy	+3,500	New	+$193K	0.31%	55

Other funds holding CVNA

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

State Street Boston, Massachusetts $3.38T AUM 44.17% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 1-Year Est. Return

CIP

CAS Investment Partners Westport, Connecticut $1.88B AUM 2.5% 1-Year Est. Return

GCP

Greenoaks Capital Partners Orinda, California $2.36B AUM 17.42% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Aquatic Capital Management's CVNA Position: Q4 2025 in Review

Aquatic Capital Management sold out of Carvana (CVNA) in Q4 2025, closing a stake of 260,640 shares — an estimated $19.7M sold.

Aquatic Capital Management first reported a position in CVNA in Q4 2021 and held it in 8 quarters. The position peaked at $31.7M in Q2 2025. 852 funds tracked by Wall St. Rank hold CVNA as of Q4 2025.

Aquatic Capital Management reported no remaining Carvana position as of Q4 2025 after selling out during the quarter.
Aquatic Capital Management sold 260,640 Carvana shares in Q4 2025, an estimated $19.7M.
Aquatic Capital Management first reported a position in Carvana in Q4 2021 and held it in 8 quarters.
Aquatic Capital Management's Carvana position peaked at $31.7M in Q2 2025.
852 funds tracked by Wall St. Rank held Carvana as of Q4 2025.

Based on Aquatic Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.