CarGurus
CARG
320 hedge funds and large institutions have $3.09B invested in CarGurus in 2024 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 129 increasing their positions, 98 reducing their positions, and 28 closing their positions.
150% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 28
63% more call options, than puts
Call options by funds: $11M | Put options by funds: $6.74M
32% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 98
24% more capital invested
Capital invested by funds: $2.49B → $3.09B (+$596M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
14% more funds holding
Funds holding: 281 → 320 (+39)
1.09% more ownership
Funds ownership: 94.99% → 96.07% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$32.9M |
| 2 |
Goldman Sachs
New York
|
+$31M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$27.6M |
| 4 |
NSGL
No Street GP LP
San Francisco,
California
|
+$24M |
| 5 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Foxhaven Asset Management
Charlottesville,
Virginia
|
-$55.6M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$42.8M |
| 3 |
Select Equity Group
New York
|
-$24.2M |
| 4 |
MC
Mount Capital
London,
United Kingdom
|
-$16.8M |
| 5 |
VP
Vitruvian Partners
London,
United Kingdom
|
-$10.8M |
CARG Hedge Fund Activity: Q4 2024 in Review
320 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in CarGurus (CARG) for Q4 2024, worth a combined $3.09B — up 24% from $2.49B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new CARG positions and 28 closed out — a net gain of 42 holders — while 129 added to existing stakes and 98 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $32.9M. The largest seller was Foxhaven Asset Management, cutting an estimated $55.6M.
- 320 institutional investors held CarGurus (CARG) as of Q4 2024, up from 281 in Q3 2024.
- Funds reported $3.09B of CarGurus stock for Q4 2024, up 24% quarter-over-quarter.
- 70 funds opened new CarGurus positions in Q4 2024 and 28 closed out, a net change of +42 holders.
- The largest CarGurus buyer in Q4 2024 was Arrowstreet Capital, an estimated $32.9M added.
- The largest CarGurus seller in Q4 2024 was Foxhaven Asset Management, an estimated $55.6M sold.
Based on aggregated 13F filings for Q4 2024.