Cars.com
CARS
156 hedge funds and large institutions have $802M invested in Cars.com in 2021 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 44 increasing their positions, 63 reducing their positions, and 18 closing their positions.
80% more call options, than puts
Call options by funds: $3.92M | Put options by funds: $2.18M
17% more capital invested
Capital invested by funds: $688M → $802M (+$114M)
2.32% more ownership
Funds ownership: 89.49% → 91.81% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 18
1% less funds holding
Funds holding: 158 → 156 (-2)
30% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Greenvale Capital
London,
United Kingdom
|
+$16.4M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$14.8M |
| 3 |
SW
SVB Wealth
Boston,
Massachusetts
|
+$13.1M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$7.59M |
| 5 |
BlackRock
New York
|
+$5.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$17.2M |
| 2 |
BGC
Blue Grotto Capital
Atlanta,
Georgia
|
-$7.93M |
| 3 |
D.E. Shaw & Co
New York
|
-$4.94M |
| 4 |
Jane Street
New York
|
-$4.19M |
| 5 |
GWM
Greenwich Wealth Management
Greenwich,
Connecticut
|
-$3.34M |
CARS Hedge Fund Activity: Q1 2021 in Review
156 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Cars.com (CARS) for Q1 2021, worth a combined $802M — up 17% from $688M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of CARS and 17 opened new positions — a net loss of 1 holder — while 63 trimmed existing stakes and 44 added.
The largest buyer was Greenvale Capital, adding an estimated $16.4M. The largest seller was Fairpointe Capital, cutting an estimated $17.2M.
- 156 institutional investors held Cars.com (CARS) as of Q1 2021, down from 158 in Q4 2020.
- Funds reported $802M of Cars.com stock for Q1 2021, up 17% quarter-over-quarter.
- 17 funds opened new Cars.com positions in Q1 2021 and 18 closed out, a net change of -1 holder.
- The largest Cars.com buyer in Q1 2021 was Greenvale Capital, an estimated $16.4M added.
- The largest Cars.com seller in Q1 2021 was Fairpointe Capital, an estimated $17.2M sold.
Based on aggregated 13F filings for Q1 2021.