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Cars.com

156 hedge funds and large institutions have $802M invested in Cars.com in 2021 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 44 increasing their positions, 63 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more call options, than puts

Call options by funds: $3.92M | Put options by funds: $2.18M

17% more capital invested

Capital invested by funds: $688M → $802M (+$114M)

2.32% more ownership

Funds ownership: 89.49%91.81% (+2.3%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

6% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 18

1% less funds holding

Funds holding: 158156 (-2)

30% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 63

Holders
156
Holders Change
-2
Holders Change %
-1.27%
% of All Funds
2.74%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
17
Increased
44
Reduced
63
Closed
18
Calls
$3.92M
Puts
$2.18M
Net Calls
+$1.75M
Net Calls Change
-$21M
Name Holding Trade Value Shares
Change
Change in
Stake
RA
26
Royce & Associates
New York
$8.12M +$2.56M +195,000 +45%
N
27
Nuveen
North Carolina
$7.59M -$425K -32,446 -5%
RRAM
28
River Road Asset Management
Kentucky
$7.5M +$7.59M +578,807 New
CIM
29
Coastal Investment Management
California
$6.86M
Two Sigma Advisers
30
Two Sigma Advisers
New York
$6.84M -$1.07M -81,300 -13%
Nordea Investment Management
31
Nordea Investment Management
Sweden
$4.63M +$4.5M +343,529 New
Invesco
32
Invesco
Georgia
$4.54M -$718K -54,758 -14%
SC
33
Sessa Capital
New York
$4.32M
Bank of New York Mellon
34
Bank of New York Mellon
New York
$3.76M +$11.6K +886 +0.3%
Grantham, Mayo, Van Otterloo & Co (GMO)
35
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$3.73M -$884K -67,449 -19%
Norges Bank
36
Norges Bank
Norway
$3.56M +$3.6M +274,914 New
RCM
37
Rutabaga Capital Management
Massachusetts
$3.04M -$48.5K -3,700 -2%
Deutsche Bank
38
Deutsche Bank
Germany
$3.03M -$20.7K -1,576 -0.7%
Bank of America
39
Bank of America
North Carolina
$2.9M +$2.06M +157,273 +238%
Schroder Investment Management Group
40
Schroder Investment Management Group
United Kingdom
$2.85M +$682K +52,015 +31%
RGI
41
River Global Investors
United Kingdom
$2.7M -$122K -9,327 -4%
PPA
42
Parametric Portfolio Associates
Washington
$2.65M -$329K -25,083 -11%
Fuller & Thaler Asset Management
43
Fuller & Thaler Asset Management
California
$2.35M -$218K -16,635 -8%
KOCAA
44
Knights of Columbus Asset Advisors
Connecticut
$2.17M +$2.19M +167,338 New
AQR Capital Management
45
AQR Capital Management
Connecticut
$2.17M +$360K +27,428 +20%
Barclays
46
Barclays
United Kingdom
$2.13M -$75.3K -5,745 -3%
GWM
47
Greenwich Wealth Management
Connecticut
$2.12M -$3.34M -255,114 -61%
Swiss National Bank
48
Swiss National Bank
Switzerland
$2M +$22.3K +1,700 +1%
Connor, Clark & Lunn Investment Management (CC&L)
49
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1.88M -$1.13M -85,920 -37%
California Public Employees Retirement System
50
California Public Employees Retirement System
California
$1.77M -$266K -20,303 -13%

CARS Hedge Fund Activity: Q1 2021 in Review

156 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Cars.com (CARS) for Q1 2021, worth a combined $802M — up 17% from $688M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of CARS and 17 opened new positions — a net loss of 1 holder — while 63 trimmed existing stakes and 44 added.

The largest buyer was Greenvale Capital, adding an estimated $16.4M. The largest seller was Fairpointe Capital, cutting an estimated $17.2M.

  • 156 institutional investors held Cars.com (CARS) as of Q1 2021, down from 158 in Q4 2020.
  • Funds reported $802M of Cars.com stock for Q1 2021, up 17% quarter-over-quarter.
  • 17 funds opened new Cars.com positions in Q1 2021 and 18 closed out, a net change of -1 holder.
  • The largest Cars.com buyer in Q1 2021 was Greenvale Capital, an estimated $16.4M added.
  • The largest Cars.com seller in Q1 2021 was Fairpointe Capital, an estimated $17.2M sold.

Based on aggregated 13F filings for Q1 2021.