CarGurus
CARG
361 hedge funds and large institutions have $2.82B invested in CarGurus in 2026 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 133 increasing their positions, 129 reducing their positions, and 58 closing their positions.
6,812% more call options, than puts
Call options by funds: $3.52M | Put options by funds: $51K
3% more repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 129
0.52% more ownership
Funds ownership: 101.53% → 102.05% (+0.52%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 58
2% less funds holding
Funds holding: 367 → 361 (-6)
11% less capital invested
Capital invested by funds: $3.16B → $2.82B (-$347M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$76.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$25.6M |
| 3 |
BBCM
Broad Bay Capital Management
New York
|
+$23.6M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$18.2M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$16.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$66.4M |
| 2 |
NSGL
No Street GP LP
San Francisco,
California
|
-$28.2M |
| 3 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$19.9M |
| 4 |
Select Equity Group
New York
|
-$15.1M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$13.5M |
CARG Hedge Fund Activity: Q1 2026 in Review
361 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in CarGurus (CARG) for Q1 2026, worth a combined $2.82B — down 11% from $3.16B a quarter earlier.
Fund positioning in CARG was balanced in Q1 2026: 58 funds opened new positions, 58 closed out, 133 added to existing stakes and 129 trimmed.
The largest buyer was Orbis Allan Gray, opening a new position worth an estimated $76.4M. The largest seller was Wellington Management Group, cutting an estimated $66.4M.
- 361 institutional investors held CarGurus (CARG) as of Q1 2026, down from 367 in Q4 2025.
- Funds reported $2.82B of CarGurus stock for Q1 2026, down 11% quarter-over-quarter.
- 58 funds opened new CarGurus positions in Q1 2026 and 58 closed out, a net change of 0 holders.
- The largest CarGurus buyer in Q1 2026 was Orbis Allan Gray, an estimated $76.4M added.
- The largest CarGurus seller in Q1 2026 was Wellington Management Group, an estimated $66.4M sold.
Based on aggregated 13F filings for Q1 2026.