Cowen and Company’s Carvana CVNA Stock Holding History

Cowen and Company’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
2021 Q1	–	Sell	-125,000	Closed	-$4.12M	–	554
2020 Q4	$4.12M	Hold	125,000	–	–	0.37%	29
2020 Q3	$3.75M	Hold	125,000	–	–	0.61%	30
2020 Q2	$1.37M	Hold	125,000	–	–	0.23%	76
2020 Q1	$373K	Hold	125,000	–	–	0.09%	141
2019 Q4	$768K	Hold	125,000	–	–	0.07%	108
2019 Q3	$371K	Buy	+125,000	New	+$1.8M	0.09%	137

Other funds holding CVNA

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return

Tiger Global Management New York $22.8B AUM 30.07% 1-Year Est. Return

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

Jennison Associates New York $167B AUM 44.17% 1-Year Est. Return

SHIM

Spruce House Investment Management New York $2.8B AUM 65.68% 1-Year Est. Return

SHP

Spruce House Partnership New York $3.49B AUM

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

Cowen and Company's CVNA Position: Q1 2020 in Review

Cowen and Company sold out of Carvana (CVNA) in Q1 2020, closing a stake of 1,085,000 shares — an estimated $16.8M sold.

Cowen and Company first reported a position in CVNA in Q4 2019 and held it in 1 quarter. The position peaked at $20M in Q4 2019. 222 funds tracked by Wall St. Rank hold CVNA as of Q1 2020.

Cowen and Company reported no remaining Carvana position as of Q1 2020 after selling out during the quarter.
Cowen and Company sold 1,085,000 Carvana shares in Q1 2020, an estimated $16.8M.
Cowen and Company first reported a position in Carvana in Q4 2019 and held it in 1 quarter.
Cowen and Company's Carvana position peaked at $20M in Q4 2019.
222 funds tracked by Wall St. Rank held Carvana as of Q1 2020.

Based on Cowen and Company's 13F filing for Q1 2020, filed 11 May 2020.