Cars.com
CARS
179 hedge funds and large institutions have $991M invested in Cars.com in 2023 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 59 increasing their positions, 69 reducing their positions, and 29 closing their positions.
0.02% more ownership
Funds ownership: 88.41% → 88.42% (+0.02%)
4% less funds holding
Funds holding: 187 → 179 (-8)
14% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 69
15% less capital invested
Capital invested by funds: $1.17B → $991M (-$178M)
28% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 29
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
92% less call options, than puts
Call options by funds: $850K | Put options by funds: $11.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$13.1M |
| 2 |
Morgan Stanley
New York
|
+$8.27M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.59M |
| 4 |
JP Morgan Chase
New York
|
+$2.2M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$2.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
-$4.95M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$4.7M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.38M |
| 4 |
GC
Greenvale Capital
London,
United Kingdom
|
-$4.24M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$3.78M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CMF
201
Counterpoint Mutual Funds
San Diego,
California
| – | -$105K | -5,297 | Closed |
|
|
CM
202
Caption Management
Oklahoma City,
Oklahoma
| – | -$68.7K | -3,515 | Closed |
|
|
GCM
203
Gladius Capital Management
Chicago,
Illinois
| – | -$68.5K | -3,456 | Closed |
|
204
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$19.8K | -1,000 | Closed |
|
|
FHA
205
First Horizon Advisors
Memphis,
Tennessee
| – | -$2.77K | -140 | Closed |
|
|
PMEF
206
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$2.2K | -111 | Closed |
|
|
CT
207
Caldwell Trust
Venice,
Florida
| – | -$951 | -48 | Closed |
|
|
BTI
208
Blue Trust Inc
Alpharetta,
Georgia
| – | -$1K | -44 | Closed |
|
CARS Hedge Fund Activity: Q3 2023 in Review
179 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Cars.com (CARS) for Q3 2023, worth a combined $991M — down 15% from $1.17B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of CARS and 21 opened new positions — a net loss of 8 holders — while 69 trimmed existing stakes and 59 added.
The largest buyer was Boston Partners, adding an estimated $13.1M. The largest seller was Ninety One (UK), cutting an estimated $4.95M.
- 179 institutional investors held Cars.com (CARS) as of Q3 2023, down from 187 in Q2 2023.
- Funds reported $991M of Cars.com stock for Q3 2023, down 15% quarter-over-quarter.
- 21 funds opened new Cars.com positions in Q3 2023 and 29 closed out, a net change of -8 holders.
- The largest Cars.com buyer in Q3 2023 was Boston Partners, an estimated $13.1M added.
- The largest Cars.com seller in Q3 2023 was Ninety One (UK), an estimated $4.95M sold.
Based on aggregated 13F filings for Q3 2023.