Cars.com
CARS
190 hedge funds and large institutions have $941M invested in Cars.com in 2022 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 52 increasing their positions, 71 reducing their positions, and 24 closing their positions.
38% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 24
4% more funds holding
Funds holding: 183 → 190 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.58% less ownership
Funds ownership: 95.92% → 94.34% (-1.6%)
12% less capital invested
Capital invested by funds: $1.06B → $941M (-$124M)
27% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 71
48% less call options, than puts
Call options by funds: $5.31M | Put options by funds: $10.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.92M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$4.84M |
| 3 |
Walleye Capital
New York
|
+$1.8M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$1.77M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$4.97M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$4.21M |
| 3 |
Two Sigma Investments
New York
|
-$3.84M |
| 4 |
Two Sigma Advisers
New York
|
-$3.47M |
| 5 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$3.35M |
CARS Hedge Fund Activity: Q1 2022 in Review
190 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Cars.com (CARS) for Q1 2022, worth a combined $941M — down 12% from $1.06B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CARS positions and 24 closed out — a net gain of 9 holders — while 52 added to existing stakes and 71 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $8.92M. The largest seller was Contrarius Investment Management, exiting entirely with an estimated $4.97M sold.
- 190 institutional investors held Cars.com (CARS) as of Q1 2022, up from 183 in Q4 2021.
- Funds reported $941M of Cars.com stock for Q1 2022, down 12% quarter-over-quarter.
- 33 funds opened new Cars.com positions in Q1 2022 and 24 closed out, a net change of +9 holders.
- The largest Cars.com buyer in Q1 2022 was Fidelity Investments, an estimated $8.92M added.
- The largest Cars.com seller in Q1 2022 was Contrarius Investment Management, an estimated $4.97M sold.
Based on aggregated 13F filings for Q1 2022.