Cars.com
CARS
158 hedge funds and large institutions have $688M invested in Cars.com in 2020 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 41 increasing their positions, 70 reducing their positions, and 17 closing their positions.
865% more call options, than puts
Call options by funds: $25.4M | Put options by funds: $2.63M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
32% more capital invested
Capital invested by funds: $520M → $688M (+$168M)
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
1% more funds holding
Funds holding: 156 → 158 (+2)
6.32% less ownership
Funds ownership: 95.81% → 89.49% (-6.3%)
41% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Coastal Investment Management
Los Angeles,
California
|
+$5.31M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$3.04M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.31M |
| 4 |
Ninety One (UK)
London,
United Kingdom
|
+$1.88M |
| 5 |
Jane Street
New York
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Steadfast Capital Management
New York
|
-$11.1M |
| 2 |
JP Morgan Chase
New York
|
-$7.74M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$3.79M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$3.49M |
| 5 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$3.1M |
CARS Hedge Fund Activity: Q4 2020 in Review
158 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Cars.com (CARS) for Q4 2020, worth a combined $688M — up 32% from $520M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new CARS positions and 17 closed out — a net gain of 2 holders — while 41 added to existing stakes and 70 trimmed.
The largest buyer was Coastal Investment Management, opening a new position worth an estimated $5.31M. The largest seller was Steadfast Capital Management, exiting entirely with an estimated $11.1M sold.
- 158 institutional investors held Cars.com (CARS) as of Q4 2020, up from 156 in Q3 2020.
- Funds reported $688M of Cars.com stock for Q4 2020, up 32% quarter-over-quarter.
- 19 funds opened new Cars.com positions in Q4 2020 and 17 closed out, a net change of +2 holders.
- The largest Cars.com buyer in Q4 2020 was Coastal Investment Management, an estimated $5.31M added.
- The largest Cars.com seller in Q4 2020 was Steadfast Capital Management, an estimated $11.1M sold.
Based on aggregated 13F filings for Q4 2020.