CarGurus
CARG
367 hedge funds and large institutions have $3.16B invested in CarGurus in 2025 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 127 increasing their positions, 135 reducing their positions, and 29 closing their positions.
124% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 29
8% more funds holding
Funds holding: 340 → 367 (+27)
0.13% less ownership
Funds ownership: 101.65% → 101.53% (-0.13%)
2% less capital invested
Capital invested by funds: $3.22B → $3.16B (-$56.4M)
6% less repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 135
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$20.4M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$13.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$11M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$10.8M |
| 5 |
Goldman Sachs
New York
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$59.9M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$41.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$41.3M |
| 4 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$28.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$19.9M |
CARG Hedge Fund Activity: Q4 2025 in Review
367 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in CarGurus (CARG) for Q4 2025, worth a combined $3.16B — down 1.8% from $3.22B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new CARG positions and 29 closed out — a net gain of 36 holders — while 127 added to existing stakes and 135 trimmed.
The largest buyer was William Blair Investment Management, opening a new position worth an estimated $20.4M. The largest seller was Wellington Management Group, cutting an estimated $59.9M.
- 367 institutional investors held CarGurus (CARG) as of Q4 2025, up from 340 in Q3 2025.
- Funds reported $3.16B of CarGurus stock for Q4 2025, down 1.8% quarter-over-quarter.
- 65 funds opened new CarGurus positions in Q4 2025 and 29 closed out, a net change of +36 holders.
- The largest CarGurus buyer in Q4 2025 was William Blair Investment Management, an estimated $20.4M added.
- The largest CarGurus seller in Q4 2025 was Wellington Management Group, an estimated $59.9M sold.
Based on aggregated 13F filings for Q4 2025.