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Cars.com

210 hedge funds and large institutions have $1.15B invested in Cars.com in 2024 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 78 increasing their positions, 69 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more call options, than puts

Call options by funds: $1.85M | Put options by funds: $1.18M

48% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 23

15% more capital invested

Capital invested by funds: $1B → $1.15B (+$152M)

13% more repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 69

5% more funds holding

Funds holding: 200210 (+10)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.16% less ownership

Funds ownership: 88.71%88.55% (-0.16%)

Holders
210
Holders Change
+10
Holders Change %
+5%
% of All Funds
3.03%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
34
Increased
78
Reduced
69
Closed
23
Calls
$1.85M
Puts
$1.18M
Net Calls
+$678K
Net Calls Change
+$1.49M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$194M -$1.44M -78,629 -0.8%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$192M -$2.14M -117,166 -1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$139M -$2.48M -136,073 -2%
GC
4
Greenvale Capital
United Kingdom
$73.1M -$17.2M -940,960 -20%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$60.5M -$93.1K -5,098 -0.2%
Boston Partners
6
Boston Partners
Massachusetts
$59.6M +$16.1M +880,815 +41%
State Street
7
State Street
Massachusetts
$47.4M -$308K -16,882 -0.7%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$28.7M +$1.22M +66,851 +5%
American Century Companies
9
American Century Companies
Missouri
$21.3M +$3.2M +175,094 +19%
Charles Schwab
10
Charles Schwab
California
$15.5M +$881K +48,235 +7%
Morgan Stanley
11
Morgan Stanley
New York
$15.4M -$3.27M -179,201 -19%
TAM
12
Tocqueville Asset Management
New York
$14.9M -$913K -50,000 -6%
T. Rowe Price Associates
13
T. Rowe Price Associates
Maryland
$14.3M +$12.5M +683,975 +1,554%
Northern Trust
14
Northern Trust
Illinois
$13.8M +$20.1K +1,099 +0.2%
RA
15
Royce & Associates
New York
$13.4M +$326K +17,833 +3%
Russell Investments Group
16
Russell Investments Group
United Kingdom
$11.9M -$250K -13,691 -2%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$11.7M +$374K +20,463 +4%
ACH
18
ArrowMark Colorado Holdings
Colorado
$11.1M -$3.61M -197,515 -26%
First Eagle Investment Management
19
First Eagle Investment Management
New York
$10.4M +$1.84M +101,000 +24%
N
20
Nuveen
North Carolina
$9.99M +$1.41M +77,305 +18%
Lord, Abbett & Co
21
Lord, Abbett & Co
New Jersey
$9.55M -$50.2K -2,751 -0.6%
Renaissance Technologies
22
Renaissance Technologies
New York
$9.47M +$778K +42,600 +10%
Bank of America
23
Bank of America
North Carolina
$8.27M +$1.16M +63,278 +18%
Invesco
24
Invesco
Georgia
$7.77M +$2.32M +127,133 +48%
Qube Research & Technologies (QRT)
25
Qube Research & Technologies (QRT)
United Kingdom
$6.38M -$1.2M -65,888 -17%

CARS Hedge Fund Activity: Q2 2024 in Review

210 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Cars.com (CARS) for Q2 2024, worth a combined $1.15B — up 15% from $1B a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new CARS positions and 23 closed out — a net gain of 11 holders — while 78 added to existing stakes and 69 trimmed.

The largest buyer was Boston Partners, adding an estimated $16.1M. The largest seller was Greenvale Capital, cutting an estimated $17.2M.

  • 210 institutional investors held Cars.com (CARS) as of Q2 2024, up from 200 in Q1 2024.
  • Funds reported $1.15B of Cars.com stock for Q2 2024, up 15% quarter-over-quarter.
  • 34 funds opened new Cars.com positions in Q2 2024 and 23 closed out, a net change of +11 holders.
  • The largest Cars.com buyer in Q2 2024 was Boston Partners, an estimated $16.1M added.
  • The largest Cars.com seller in Q2 2024 was Greenvale Capital, an estimated $17.2M sold.

Based on aggregated 13F filings for Q2 2024.