Cars.com
CARS
170 hedge funds and large institutions have $871M invested in Cars.com in 2021 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 44 increasing their positions, 59 reducing their positions, and 14 closing their positions.
377% more call options, than puts
Call options by funds: $5.23M | Put options by funds: $1.1M
107% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 14
9% more funds holding
Funds holding: 156 → 170 (+14)
9% more capital invested
Capital invested by funds: $802M → $871M (+$69M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.24% less ownership
Funds ownership: 91.81% → 88.57% (-3.2%)
25% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$9.57M |
| 2 |
KAM
Knightsbridge Asset Management
Newport Beach,
California
|
+$7.12M |
| 3 |
CEI
Clark Estates Inc
New York
|
+$4.53M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.03M |
| 5 |
Morgan Stanley
New York
|
+$3.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$9.18M |
| 2 |
IM
Islet Management
New York
|
-$8.42M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$7.5M |
| 4 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$5.76M |
| 5 |
BlackRock
New York
|
-$5.05M |
CARS Hedge Fund Activity: Q2 2021 in Review
170 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Cars.com (CARS) for Q2 2021, worth a combined $871M — up 8.6% from $802M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CARS positions and 14 closed out — a net gain of 15 holders — while 44 added to existing stakes and 59 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $9.57M. The largest seller was Prudential Financial, cutting an estimated $9.18M.
- 170 institutional investors held Cars.com (CARS) as of Q2 2021, up from 156 in Q1 2021.
- Funds reported $871M of Cars.com stock for Q2 2021, up 8.6% quarter-over-quarter.
- 29 funds opened new Cars.com positions in Q2 2021 and 14 closed out, a net change of +15 holders.
- The largest Cars.com buyer in Q2 2021 was Bank of Montreal, an estimated $9.57M added.
- The largest Cars.com seller in Q2 2021 was Prudential Financial, an estimated $9.18M sold.
Based on aggregated 13F filings for Q2 2021.