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Cars.com

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.

New
Increased
Maintained
Reduced
Closed

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: 67 (+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: 258244 (-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

Holders
244
Holders Change
-14
Holders Change %
-5.43%
% of All Funds
5.3%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.15%
New
33
Increased
74
Reduced
75
Closed
44
Calls
$52.1M
Puts
$16.4M
Net Calls
+$35.6M
Net Calls Change
+$21.1M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$154M +$4.56M +213,141 +3%
SV
2
Starboard Value
New York
$126M
Vanguard Group
3
Vanguard Group
Pennsylvania
$118M -$7.4M -345,940 -5%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$114M -$393K -18,399 -0.3%
JSP
5
Jackson Square Partners
California
$84.5M +$11.7M +547,867 +15%
FC
6
Fairpointe Capital
Illinois
$73.6M +$1.28M +60,034 +2%
Fidelity International
7
Fidelity International
Bermuda
$54.3M
State Street
8
State Street
Massachusetts
$49.3M +$236K +11,058 +0.4%
Goldman Sachs
9
Goldman Sachs
New York
$46M -$800K -37,433 -2%
NSCM
10
New South Capital Management
Tennessee
$41.6M -$2.4M -112,444 -5%
KAM
11
Kavi Asset Management
New York
$38.2M +$1.54M +72,114 +4%
SC
12
Sessa Capital
New York
$37M -$2.67M -125,000 -6%
FMI
13
Fiduciary Management Inc
Wisconsin
$35M -$83.4K -3,899 -0.2%
N
14
Nuveen
North Carolina
$33.5M +$5.55M +259,399 +18%
SI
15
Sapience Investments
California
$31.2M +$4.47M +209,015 +15%
Ninety One (UK)
16
Ninety One (UK)
United Kingdom
$30.2M -$87.6M -4,096,601 -86%
SCM
17
Steadfast Capital Management
New York
$28.8M
GC
18
Greenvale Capital
United Kingdom
$22.7M +$24.7M +1,153,377 New
Fidelity Investments
19
Fidelity Investments
Massachusetts
$21.7M +$1.06M +49,447 +5%
Massachusetts Financial Services
20
Massachusetts Financial Services
Massachusetts
$20.9M
Northern Trust
21
Northern Trust
Illinois
$20.8M +$423K +19,769 +2%
SEI Investments
22
SEI Investments
Pennsylvania
$18M +$703K +32,863 +4%
Norges Bank
23
Norges Bank
Norway
$17.8M
Bank of New York Mellon
24
Bank of New York Mellon
New York
$16.4M +$658K +30,785 +4%
Geode Capital Management
25
Geode Capital Management
Massachusetts
$15.9M +$1.09M +50,943 +7%

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.