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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
ECM
101
ExodusPoint Capital Management
New York
$254K -$267K -20,331 -51%
ASRS
102
Arizona State Retirement System
Arizona
$254K +$1.57K +120 +0.6%
GCP
103
GSA Capital Partners
United Kingdom
$247K -$150K -11,443 -38%
MIM
104
MetLife Investment Management
New Jersey
$239K -$126K -9,643 -34%
MLICM
105
Metropolitan Life Insurance Company (MetLife)
New York
$239K +$50.7K +3,868 +27%
ProShare Advisors
106
ProShare Advisors
Maryland
$233K +$40.1K +3,063 +20%
NSEDCP
107
NJ State Employees Deferred Compensation Plan
New Jersey
$198K
PP
108
Paloma Partners
Connecticut
$193K -$197K -15,058 -50%
ACI
109
AMP Capital Investors
Australia
$192K +$49.6K +3,784 +34%
Royal Bank of Canada
110
Royal Bank of Canada
Ontario, Canada
$179K +$72.3K +5,513 +67%
Nomura Holdings
111
Nomura Holdings
Japan
$171K +$41.6K +3,170 +32%
Public Employees Retirement Association of Colorado
112
Public Employees Retirement Association of Colorado
Colorado
$160K
PA
113
Pinnacle Associates
New York
$156K -$9.18K -700 -5%
OQS
114
Occudo Quantitative Strategies
Florida
$153K +$12.5K +957 +9%
SG Americas Securities
115
SG Americas Securities
New York
$145K -$125K -9,565 -46%
TRCT
116
Tower Research Capital (TRC)
New York
$144K -$63.5K -4,847 -30%
LAM
117
Lapides Asset Management
Connecticut
$132K +$134K +10,200 New
CCA
118
Cobblestone Capital Advisors
New York
$130K
UCFA
119
United Capital Financial Advisors
Texas
$130K +$131K +10,006 New
Ohio Public Employees Retirement System (OPERS)
120
Ohio Public Employees Retirement System (OPERS)
Ohio
$114K -$813 -62 -0.7%
Zurich Cantonal Bank
121
Zurich Cantonal Bank
Switzerland
$108K +$5.15K +393 +5%
AIP
122
Ameritas Investment Partners
Nebraska
$76K
Bank of Montreal
123
Bank of Montreal
Ontario, Canada
$74K -$111K -8,460 -61%
IRC
124
Investors Research Corp
Georgia
$62K
Canada Life
125
Canada Life
Manitoba, Canada
$49K

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.