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Cars.com

177 hedge funds and large institutions have $616M invested in Cars.com in 2022 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 61 increasing their positions, 64 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.42% less ownership

Funds ownership: 94.34%93.92% (-0.42%)

5% less repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 64

7% less funds holding

Funds holding: 190177 (-13)

32% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 28

35% less capital invested

Capital invested by funds: $941M → $616M (-$325M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

84% less call options, than puts

Call options by funds: $2.57M | Put options by funds: $16M

Holders
177
Holders Change
-13
Holders Change %
-6.84%
% of All Funds
2.98%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
19
Increased
61
Reduced
64
Closed
28
Calls
$2.57M
Puts
$16M
Net Calls
-$13.4M
Net Calls Change
-$8.47M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$101M +$4.2M +388,898 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$67.5M -$3.95M -365,515 -5%
GC
3
Greenvale Capital
United Kingdom
$50.9M +$2.72M +252,052 +5%
Ninety One (UK)
4
Ninety One (UK)
United Kingdom
$43M -$2.59M -239,608 -5%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$40.4M +$3.71M +343,392 +9%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$33.9M +$1M +92,992 +3%
SW
7
SVB Wealth
Massachusetts
$23.6M +$3.74K +346 +0%
State Street
8
State Street
Massachusetts
$22.4M +$576K +53,295 +2%
Massachusetts Financial Services
9
Massachusetts Financial Services
Massachusetts
$21.5M +$5.42K +502 +0%
LSV Asset Management
10
LSV Asset Management
Illinois
$14.4M -$714K -66,100 -4%
TAM
11
Tocqueville Asset Management
New York
$12.5M +$959K +88,800 +7%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$11M -$42K -3,885 -0.3%
Charles Schwab
13
Charles Schwab
California
$9.55M +$289K +26,747 +3%
Lord, Abbett & Co
14
Lord, Abbett & Co
New Jersey
$9.25M +$837K +77,500 +9%
JP Morgan Chase
15
JP Morgan Chase
New York
$8.57M +$1.51M +139,744 +18%
Morgan Stanley
16
Morgan Stanley
New York
$8.02M +$3.06M +283,661 +50%
ACH
17
ArrowMark Colorado Holdings
Colorado
$7.78M +$1.08M +100,000 +14%
Northern Trust
18
Northern Trust
Illinois
$6.98M -$354K -32,768 -4%
Ameriprise
19
Ameriprise
Minnesota
$6.82M -$173K -16,018 -2%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$6.32M -$289K -26,722 -4%
N
21
Nuveen
North Carolina
$6.21M +$88.1K +8,158 +1%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$5.66M -$402K -37,210 -6%
RA
23
Royce & Associates
New York
$4.81M +$465K +43,053 +9%
Pacer Advisors
24
Pacer Advisors
Pennsylvania
$4.44M +$1.79M +165,313 +54%
Lazard Asset Management
25
Lazard Asset Management
New York
$4.35M +$342K +31,661 +7%

CARS Hedge Fund Activity: Q2 2022 in Review

177 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Cars.com (CARS) for Q2 2022, worth a combined $616M — down 35% from $941M a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of CARS and 19 opened new positions — a net loss of 9 holders — while 64 trimmed existing stakes and 61 added.

The largest buyer was BlackRock, adding an estimated $4.2M. The largest seller was Federated Hermes, cutting an estimated $5.34M.

  • 177 institutional investors held Cars.com (CARS) as of Q2 2022, down from 190 in Q1 2022.
  • Funds reported $616M of Cars.com stock for Q2 2022, down 35% quarter-over-quarter.
  • 19 funds opened new Cars.com positions in Q2 2022 and 28 closed out, a net change of -9 holders.
  • The largest Cars.com buyer in Q2 2022 was BlackRock, an estimated $4.2M added.
  • The largest Cars.com seller in Q2 2022 was Federated Hermes, an estimated $5.34M sold.

Based on aggregated 13F filings for Q2 2022.