Cars.com
CARS
171 hedge funds and large institutions have $797M invested in Cars.com in 2022 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 44 increasing their positions, 68 reducing their positions, and 21 closing their positions.
9% more capital invested
Capital invested by funds: $733M → $797M (+$64.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 21
2% less funds holding
Funds holding: 174 → 171 (-3)
1.73% less ownership
Funds ownership: 93.93% → 92.2% (-1.7%)
35% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 68
87% less call options, than puts
Call options by funds: $3M | Put options by funds: $22.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.4M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$8.72M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$2.62M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.53M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$14.6M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$11.8M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$10.7M |
| 4 |
JP Morgan Chase
New York
|
-$6.2M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$3.5M |
CARS Hedge Fund Activity: Q4 2022 in Review
171 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Cars.com (CARS) for Q4 2022, worth a combined $797M — up 8.8% from $733M a quarter earlier.
Fund positioning in CARS was balanced in Q4 2022: 21 funds opened new positions, 21 closed out, 44 added to existing stakes and 68 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $10.4M. The largest seller was Massachusetts Financial Services, cutting an estimated $14.6M.
- 171 institutional investors held Cars.com (CARS) as of Q4 2022, down from 174 in Q3 2022.
- Funds reported $797M of Cars.com stock for Q4 2022, up 8.8% quarter-over-quarter.
- 21 funds opened new Cars.com positions in Q4 2022 and 21 closed out, a net change of 0 holders.
- The largest Cars.com buyer in Q4 2022 was Fidelity Investments, an estimated $10.4M added.
- The largest Cars.com seller in Q4 2022 was Massachusetts Financial Services, an estimated $14.6M sold.
Based on aggregated 13F filings for Q4 2022.