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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
KBC Group
51
KBC Group
Belgium
$1.76M
Voloridge Investment Management
52
Voloridge Investment Management
Florida
$1.58M -$1M -76,361 -38%
Wells Fargo
53
Wells Fargo
California
$1.57M +$43.2K +3,294 +3%
RhumbLine Advisers
54
RhumbLine Advisers
Massachusetts
$1.52M -$88.9K -6,782 -5%
Acadian Asset Management
55
Acadian Asset Management
Massachusetts
$1.51M -$188K -14,322 -11%
MSL
56
Mackay Shields LLC
New York
$1.48M +$376K +28,700 +34%
PAM
57
Panagora Asset Management
Massachusetts
$1.47M -$294K -22,396 -16%
HHAM
58
HITE Hedge Asset Management
Massachusetts
$1.43M +$435K +33,198 +43%
FMBTD
59
First Midwest Bank Trust Division
Illinois
$1.39M -$295K -22,479 -17%
BCM
60
Bridgeway Capital Management
Texas
$1.38M +$670K +51,100 +93%
RC
61
RBF Capital
California
$1.34M
California State Teachers Retirement System (CalSTRS)
62
California State Teachers Retirement System (CalSTRS)
California
$1.33M -$1.25K -95 -0.1%
MAM
63
Martingale Asset Management
Massachusetts
$1.26M +$613K +46,730 +93%
CIC
64
Cornercap Investment Counsel
Georgia
$1.22M +$1.24M +94,400 New
PAM
65
Premier Asset Management
Illinois
$1.18M +$76.7K +5,850 +7%
American Century Companies
66
American Century Companies
Missouri
$1.18M +$438K +33,400 +58%
Morgan Stanley
67
Morgan Stanley
New York
$1.12M -$1.28M -97,951 -53%
Russell Investments Group
68
Russell Investments Group
United Kingdom
$1.07M -$456K -34,766 -30%
AllianceBernstein
69
AllianceBernstein
Tennessee
$1.04M -$70.8K -5,400 -6%
Two Sigma Investments
70
Two Sigma Investments
New York
$963K +$521K +39,714 +115%
Citigroup
71
Citigroup
New York
$962K +$316K +24,088 +48%
SIM
72
SummerHaven Investment Management
Connecticut
$953K
Los Angeles Capital Management
73
Los Angeles Capital Management
California
$850K -$22K -1,680 -2%
UBS AM
74
UBS AM
Illinois
$849K -$11.7K -895 -1%
Squarepoint
75
Squarepoint
New York
$784K +$792K +60,457 New

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.