Cars.com
CARS
174 hedge funds and large institutions have $733M invested in Cars.com in 2022 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 52 increasing their positions, 65 reducing their positions, and 24 closing their positions.
19% more capital invested
Capital invested by funds: $616M → $733M (+$117M)
0.01% more ownership
Funds ownership: 93.92% → 93.93% (+0.01%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 177 → 174 (-3)
13% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 24
20% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 65
83% less call options, than puts
Call options by funds: $3.17M | Put options by funds: $18.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.6M |
| 2 |
PCA
Prospect Capital Advisors
Sausalito,
California
|
+$3.33M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$2.98M |
| 4 |
PI
PEAK6 Investments
Chicago,
Illinois
|
+$1.03M |
| 5 |
CCM
Chimera Capital Management
New York
|
+$848K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$7.12M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.45M |
| 3 |
BlackRock
New York
|
-$4.32M |
| 4 |
Ninety One (UK)
London,
United Kingdom
|
-$4.2M |
| 5 |
KAM
Knightsbridge Asset Management
Newport Beach,
California
|
-$3.86M |
CARS Hedge Fund Activity: Q3 2022 in Review
174 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Cars.com (CARS) for Q3 2022, worth a combined $733M — up 19% from $616M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of CARS and 21 opened new positions — a net loss of 3 holders — while 65 trimmed existing stakes and 52 added.
The largest buyer was Fidelity Investments, adding an estimated $20.6M. The largest seller was LSV Asset Management, cutting an estimated $7.12M.
- 174 institutional investors held Cars.com (CARS) as of Q3 2022, down from 177 in Q2 2022.
- Funds reported $733M of Cars.com stock for Q3 2022, up 19% quarter-over-quarter.
- 21 funds opened new Cars.com positions in Q3 2022 and 24 closed out, a net change of -3 holders.
- The largest Cars.com buyer in Q3 2022 was Fidelity Investments, an estimated $20.6M added.
- The largest Cars.com seller in Q3 2022 was LSV Asset Management, an estimated $7.12M sold.
Based on aggregated 13F filings for Q3 2022.