CarGurus
CARG
358 hedge funds and large institutions have $2.81B invested in CarGurus in 2026 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 131 increasing their positions, 128 reducing their positions, and 57 closing their positions.
6,812% more call options, than puts
Call options by funds: $3.52M | Put options by funds: $51K
2% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 128
2% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 57
0.34% more ownership
Funds ownership: 101.53% → 101.87% (+0.34%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2% less funds holding
Funds holding: 366 → 358 (-8)
11% less capital invested
Capital invested by funds: $3.16B → $2.81B (-$352M)
Top Buyers
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$76.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$25.6M |
| 3 |
BBCM
Broad Bay Capital Management
New York
|
+$23.6M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$18.2M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$16.9M |
Top Sellers
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$66.4M |
| 2 |
NSGL
No Street GP LP
San Francisco,
California
|
-$28.2M |
| 3 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$19.9M |
| 4 |
Select Equity Group
New York
|
-$15.1M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$13.5M |
CARG Hedge Fund Activity: Q1 2026 in Review
358 of the 8,125 institutional investors tracked by Wall St. Rank reported a position in CarGurus (CARG) for Q1 2026, worth a combined $2.81B — down 11% from $3.16B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new CARG positions and 57 closed out — a net gain of 1 holder — while 131 added to existing stakes and 128 trimmed.
The largest buyer was Orbis Allan Gray, opening a new position worth an estimated $76.4M. The largest seller was Wellington Management Group, cutting an estimated $66.4M.
- 358 institutional investors held CarGurus (CARG) as of Q1 2026, down from 366 in Q4 2025.
- Funds reported $2.81B of CarGurus stock for Q1 2026, down 11% quarter-over-quarter.
- 58 funds opened new CarGurus positions in Q1 2026 and 57 closed out, a net change of +1 holder.
- The largest CarGurus buyer in Q1 2026 was Orbis Allan Gray, an estimated $76.4M added.
- The largest CarGurus seller in Q1 2026 was Wellington Management Group, an estimated $66.4M sold.
Based on aggregated 13F filings for Q1 2026.