Cars.com
CARS
258 hedge funds and large institutions have $1.91B invested in Cars.com in 2019 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 67 increasing their positions, 92 reducing their positions, and 26 closing their positions.
69% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 26
25% more call options, than puts
Call options by funds: $72.4M | Put options by funds: $57.8M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
12.59% more ownership
Funds ownership: 112.82% → 125.4% (+13%)
9% more capital invested
Capital invested by funds: $1.75B → $1.91B (+$158M)
7% more funds holding
Funds holding: 241 → 258 (+17)
27% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sapience Investments
Newport Beach,
California
|
+$19.1M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$15.7M |
| 3 |
KAM
Kavi Asset Management
New York
|
+$11.4M |
| 4 |
SM
Scoggin Management
New York
|
+$10.3M |
| 5 |
OP
Omni Partners
London,
United Kingdom
|
+$7.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$22.3M |
| 2 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
-$11M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$10.8M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$8.99M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$6.11M |
CARS Hedge Fund Activity: Q1 2019 in Review
258 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Cars.com (CARS) for Q1 2019, worth a combined $1.91B — up 9% from $1.75B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new CARS positions and 26 closed out — a net gain of 18 holders — while 67 added to existing stakes and 92 trimmed.
The largest buyer was Sapience Investments, adding an estimated $19.1M. The largest seller was Jackson Square Partners, cutting an estimated $22.3M.
- 258 institutional investors held Cars.com (CARS) as of Q1 2019, up from 241 in Q4 2018.
- Funds reported $1.91B of Cars.com stock for Q1 2019, up 9% quarter-over-quarter.
- 44 funds opened new Cars.com positions in Q1 2019 and 26 closed out, a net change of +18 holders.
- The largest Cars.com buyer in Q1 2019 was Sapience Investments, an estimated $19.1M added.
- The largest Cars.com seller in Q1 2019 was Jackson Square Partners, an estimated $22.3M sold.
Based on aggregated 13F filings for Q1 2019.