CarGurus
CARG
234 hedge funds and large institutions have $3.15B invested in CarGurus in 2021 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 86 increasing their positions, 66 reducing their positions, and 31 closing their positions.
61% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 31
30% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 66
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
8% more funds holding
Funds holding: 217 → 234 (+17)
3.85% more ownership
Funds ownership: 97.36% → 101.21% (+3.8%)
2% more capital invested
Capital invested by funds: $3.07B → $3.15B (+$73.3M)
21% less call options, than puts
Call options by funds: $6.42M | Put options by funds: $8.08M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$90.6M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$60.2M |
| 3 |
CAM
Contour Asset Management
New York
|
+$43.6M |
| 4 |
Morgan Stanley
New York
|
+$42.1M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$39.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Spinnaker Capital
Boston,
Massachusetts
|
-$78M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$34.1M |
| 3 |
Two Sigma Advisers
New York
|
-$21.1M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$17.8M |
| 5 |
Two Sigma Investments
New York
|
-$15.8M |
CARG Hedge Fund Activity: Q4 2021 in Review
234 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in CarGurus (CARG) for Q4 2021, worth a combined $3.15B — up 2.4% from $3.07B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new CARG positions and 31 closed out — a net gain of 19 holders — while 86 added to existing stakes and 66 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $90.6M. The largest seller was Spinnaker Capital, cutting an estimated $78M.
- 234 institutional investors held CarGurus (CARG) as of Q4 2021, up from 217 in Q3 2021.
- Funds reported $3.15B of CarGurus stock for Q4 2021, up 2.4% quarter-over-quarter.
- 50 funds opened new CarGurus positions in Q4 2021 and 31 closed out, a net change of +19 holders.
- The largest CarGurus buyer in Q4 2021 was Fidelity Investments, an estimated $90.6M added.
- The largest CarGurus seller in Q4 2021 was Spinnaker Capital, an estimated $78M sold.
Based on aggregated 13F filings for Q4 2021.