Cars.com
CARS
244 hedge funds and large institutions have $1.61B invested in Cars.com in 2019 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 74 increasing their positions, 75 reducing their positions, and 44 closing their positions.
217% more call options, than puts
Call options by funds: $52.1M | Put options by funds: $16.4M
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
1% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 75
3% less ownership
Funds ownership: 123.87% → 120.86% (-3%)
5% less funds holding
Funds holding: 258 → 244 (-14)
16% less capital invested
Capital invested by funds: $1.9B → $1.61B (-$298M)
25% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 44
Top Buyers
Top Sellers
| 1 |
Ninety One (UK)
London,
United Kingdom
|
-$87.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$18.5M |
| 3 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
-$15.3M |
| 4 |
SM
Scoggin Management
New York
|
-$10.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.4M |
CARS Hedge Fund Activity: Q2 2019 in Review
244 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Cars.com (CARS) for Q2 2019, worth a combined $1.61B — down 16% from $1.9B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of CARS and 33 opened new positions — a net loss of 11 holders — while 75 trimmed existing stakes and 74 added.
The largest buyer was Greenvale Capital, opening a new position worth an estimated $24.7M. The largest seller was Ninety One (UK), cutting an estimated $87.6M.
- 244 institutional investors held Cars.com (CARS) as of Q2 2019, down from 258 in Q1 2019.
- Funds reported $1.61B of Cars.com stock for Q2 2019, down 16% quarter-over-quarter.
- 33 funds opened new Cars.com positions in Q2 2019 and 44 closed out, a net change of -11 holders.
- The largest Cars.com buyer in Q2 2019 was Greenvale Capital, an estimated $24.7M added.
- The largest Cars.com seller in Q2 2019 was Ninety One (UK), an estimated $87.6M sold.
Based on aggregated 13F filings for Q2 2019.