Cars.com
CARS
209 hedge funds and large institutions have $979M invested in Cars.com in 2024 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 72 increasing their positions, 71 reducing their positions, and 28 closing their positions.
5% more call options, than puts
Call options by funds: $1.7M | Put options by funds: $1.63M
1% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 71
0% more ownership
Funds ownership: 88.55% → 88.55% (+0%)
0% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 28
0% less funds holding
Funds holding: 210 → 209 (-1)
15% less capital invested
Capital invested by funds: $1.15B → $979M (-$174M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$45.4M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$3.33M |
| 3 |
Renaissance Technologies
New York
|
+$3.12M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.96M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.65M |
Top Sellers
CARS Hedge Fund Activity: Q3 2024 in Review
209 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Cars.com (CARS) for Q3 2024, worth a combined $979M — down 15% from $1.15B a quarter earlier.
Fund positioning in CARS was balanced in Q3 2024: 28 funds opened new positions, 28 closed out, 72 added to existing stakes and 71 trimmed.
The largest buyer was Pacer Advisors, adding an estimated $45.4M. The largest seller was Greenvale Capital, cutting an estimated $35.8M.
- 209 institutional investors held Cars.com (CARS) as of Q3 2024, down from 210 in Q2 2024.
- Funds reported $979M of Cars.com stock for Q3 2024, down 15% quarter-over-quarter.
- 28 funds opened new Cars.com positions in Q3 2024 and 28 closed out, a net change of 0 holders.
- The largest Cars.com buyer in Q3 2024 was Pacer Advisors, an estimated $45.4M added.
- The largest Cars.com seller in Q3 2024 was Greenvale Capital, an estimated $35.8M sold.
Based on aggregated 13F filings for Q3 2024.