Cars.com
CARS
197 hedge funds and large institutions have $884M invested in Cars.com in 2019 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 51 increasing their positions, 74 reducing their positions, and 36 closing their positions.
142% more call options, than puts
Call options by funds: $16M | Put options by funds: $6.61M
35% more capital invested
Capital invested by funds: $653M → $884M (+$231M)
0.54% less ownership
Funds ownership: 109% → 108.46% (-0.54%)
2% less funds holding
Funds holding: 202 → 197 (-5)
14% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 36
31% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 74
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
+$44.6M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$9.71M |
| 3 |
GC
Greenvale Capital
London,
United Kingdom
|
+$9.2M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$7.24M |
| 5 |
Goldman Sachs
New York
|
+$6.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$24.5M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$13M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$11.7M |
| 4 |
SC
Sessa Capital
New York
|
-$9.68M |
| 5 |
CC
Clearline Capital
New York
|
-$9.55M |
CARS Hedge Fund Activity: Q4 2019 in Review
197 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Cars.com (CARS) for Q4 2019, worth a combined $884M — up 35% from $653M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of CARS and 31 opened new positions — a net loss of 5 holders — while 74 trimmed existing stakes and 51 added.
The largest buyer was Ninety One (UK), adding an estimated $44.6M. The largest seller was Fairpointe Capital, cutting an estimated $24.5M.
- 197 institutional investors held Cars.com (CARS) as of Q4 2019, down from 202 in Q3 2019.
- Funds reported $884M of Cars.com stock for Q4 2019, up 35% quarter-over-quarter.
- 31 funds opened new Cars.com positions in Q4 2019 and 36 closed out, a net change of -5 holders.
- The largest Cars.com buyer in Q4 2019 was Ninety One (UK), an estimated $44.6M added.
- The largest Cars.com seller in Q4 2019 was Fairpointe Capital, an estimated $24.5M sold.
Based on aggregated 13F filings for Q4 2019.