CarGurus
CARG
339 hedge funds and large institutions have $3.22B invested in CarGurus in 2025 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 113 increasing their positions, 137 reducing their positions, and 47 closing their positions.
87% more call options, than puts
Call options by funds: $2.96M | Put options by funds: $1.59M
15% more capital invested
Capital invested by funds: $2.81B → $3.22B (+$412M)
2.56% more ownership
Funds ownership: 99.1% → 101.65% (+2.6%)
9% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 47
0% more funds holding
Funds holding: 338 → 339 (+1)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
18% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 137
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$65M |
| 2 |
AFCM
Alta Fox Capital Management
Fort Worth,
Texas
|
+$37.5M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$32.2M |
| 4 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$26.2M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$20.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$36.6M |
| 2 |
VP
Vitruvian Partners
London,
United Kingdom
|
-$16.2M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$13.5M |
| 4 |
Squarepoint
New York
|
-$12M |
| 5 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$11.1M |
CARG Hedge Fund Activity: Q3 2025 in Review
339 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in CarGurus (CARG) for Q3 2025, worth a combined $3.22B — up 15% from $2.81B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new CARG positions and 47 closed out — a net gain of 4 holders — while 113 added to existing stakes and 137 trimmed.
The largest buyer was Congress Asset Management, opening a new position worth an estimated $65M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $36.6M.
- 339 institutional investors held CarGurus (CARG) as of Q3 2025, up from 338 in Q2 2025.
- Funds reported $3.22B of CarGurus stock for Q3 2025, up 15% quarter-over-quarter.
- 51 funds opened new CarGurus positions in Q3 2025 and 47 closed out, a net change of +4 holders.
- The largest CarGurus buyer in Q3 2025 was Congress Asset Management, an estimated $65M added.
- The largest CarGurus seller in Q3 2025 was ArrowMark Colorado Holdings, an estimated $36.6M sold.
Based on aggregated 13F filings for Q3 2025.