CarGurus
CARG
338 hedge funds and large institutions have $2.81B invested in CarGurus in 2025 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 130 increasing their positions, 115 reducing their positions, and 28 closing their positions.
955% more call options, than puts
Call options by funds: $13.7M | Put options by funds: $1.3M
121% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 28
13% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 115
11% more capital invested
Capital invested by funds: $2.52B → $2.81B (+$286M)
10% more funds holding
Funds holding: 306 → 338 (+32)
2.31% more ownership
Funds ownership: 96.79% → 99.1% (+2.3%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$29.8M |
| 2 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
+$13.1M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
+$12M |
| 4 |
Squarepoint
New York
|
+$11.4M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$74.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$37.6M |
| 3 |
BlackRock
New York
|
-$31.8M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$31.5M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$27.8M |
CARG Hedge Fund Activity: Q2 2025 in Review
338 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in CarGurus (CARG) for Q2 2025, worth a combined $2.81B — up 11% from $2.52B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new CARG positions and 28 closed out — a net gain of 34 holders — while 130 added to existing stakes and 115 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $29.8M. The largest seller was PAR Capital Management, cutting an estimated $74.6M.
- 338 institutional investors held CarGurus (CARG) as of Q2 2025, up from 306 in Q1 2025.
- Funds reported $2.81B of CarGurus stock for Q2 2025, up 11% quarter-over-quarter.
- 62 funds opened new CarGurus positions in Q2 2025 and 28 closed out, a net change of +34 holders.
- The largest CarGurus buyer in Q2 2025 was Wellington Management Group, an estimated $29.8M added.
- The largest CarGurus seller in Q2 2025 was PAR Capital Management, an estimated $74.6M sold.
Based on aggregated 13F filings for Q2 2025.