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CarGurus

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.

New
Increased
Maintained
Reduced
Closed

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: 338339 (+1)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

18% less repeat investments, than reductions

Existing positions increased: 113 | Existing positions reduced: 137

Holders
339
Holders Change
+1
Holders Change %
+0.3%
% of All Funds
4.45%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
51
Increased
113
Reduced
137
Closed
47
Calls
$2.96M
Puts
$1.59M
Net Calls
+$1.38M
Net Calls Change
-$11.1M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$456M -$3.6M -105,494 -0.9%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$359M +$20.3M +594,670 +7%
Vanguard Group
3
Vanguard Group
Pennsylvania
$347M -$2.28M -66,809 -0.7%
State Street
4
State Street
Massachusetts
$115M -$3.05M -89,300 -3%
ACH
5
ArrowMark Colorado Holdings
Colorado
$99.5M -$36.6M -1,071,003 -29%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$77.3M +$300K +8,774 +0.4%
PC
7
Prevatt Capital
Bahamas
$76.3M +$15.4M +450,000 +28%
CAM
8
Congress Asset Management
Massachusetts
$70.9M +$65M +1,903,207 New
Manulife (Manufacturers Life Insurance)
9
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$70.5M -$732K -21,428 -1%
Arrowstreet Capital
10
Arrowstreet Capital
Massachusetts
$70.3M +$6.45M +188,856 +11%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$68.7M -$579K -16,933 -0.9%
Invesco
12
Invesco
Georgia
$62.5M -$1.36M -39,707 -2%
UBS Group
13
UBS Group
Switzerland
$57.3M +$32.2M +942,199 +158%
Select Equity Group
14
Select Equity Group
New York
$44.8M +$5.24M +153,479 +15%
Charles Schwab
15
Charles Schwab
California
$41.6M +$524K +15,344 +1%
FWIA
16
Fort Washington Investment Advisors
Ohio
$41.1M +$3.49M +102,151 +10%
AFCM
17
Alta Fox Capital Management
Texas
$40.9M +$37.5M +1,098,700 New
Boston Partners
18
Boston Partners
Massachusetts
$39.2M -$1.66M -48,674 -4%
Bessemer Group
19
Bessemer Group
New Jersey
$36.7M +$7.09M +207,373 +27%
Morgan Stanley
20
Morgan Stanley
New York
$33.6M -$6.5M -190,128 -17%
Northern Trust
21
Northern Trust
Illinois
$32.2M -$204K -5,961 -0.7%
NSGL
22
No Street GP LP
California
$31.1M +$14.9M +435,340 +109%
OAG
23
Orbis Allan Gray
Bermuda
$28.5M +$26.2M +765,791 New
Loomis, Sayles & Company
24
Loomis, Sayles & Company
Massachusetts
$27.2M +$3.98M +116,459 +19%
Raymond James Financial
25
Raymond James Financial
Florida
$24.8M +$637K +18,636 +3%

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.