CarGurus
CARG
306 hedge funds and large institutions have $2.52B invested in CarGurus in 2025 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 109 increasing their positions, 113 reducing their positions, and 58 closing their positions.
1% more call options, than puts
Call options by funds: $2.71M | Put options by funds: $2.68M
0.72% more ownership
Funds ownership: 96.07% → 96.79% (+0.72%)
4% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 113
4% less funds holding
Funds holding: 320 → 306 (-14)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
18% less capital invested
Capital invested by funds: $3.09B → $2.52B (-$567M)
21% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$52.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$43.5M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$41.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$31.8M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Foxhaven Asset Management
Charlottesville,
Virginia
|
-$79.4M |
| 2 |
SM
Sunriver Management
Greenwich,
Connecticut
|
-$32.2M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$15.8M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$14.5M |
| 5 |
Walleye Capital
New York
|
-$14.1M |
CARG Hedge Fund Activity: Q1 2025 in Review
306 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in CarGurus (CARG) for Q1 2025, worth a combined $2.52B — down 18% from $3.09B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of CARG and 46 opened new positions — a net loss of 12 holders — while 113 trimmed existing stakes and 109 added.
The largest buyer was UBS Group, adding an estimated $52.5M. The largest seller was Foxhaven Asset Management, exiting entirely with an estimated $79.4M sold.
- 306 institutional investors held CarGurus (CARG) as of Q1 2025, down from 320 in Q4 2024.
- Funds reported $2.52B of CarGurus stock for Q1 2025, down 18% quarter-over-quarter.
- 46 funds opened new CarGurus positions in Q1 2025 and 58 closed out, a net change of -12 holders.
- The largest CarGurus buyer in Q1 2025 was UBS Group, an estimated $52.5M added.
- The largest CarGurus seller in Q1 2025 was Foxhaven Asset Management, an estimated $79.4M sold.
Based on aggregated 13F filings for Q1 2025.