Carvana
CVNA
421 hedge funds and large institutions have $24.3B invested in Carvana in 2021 Q4 according to their latest regulatory filings, with 84 funds opening new positions, 156 increasing their positions, 126 reducing their positions, and 94 closing their positions.
38.14% more ownership
Funds ownership: 573.37% → 611.51% (+38%)
24% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 126
14% more funds holding in top 10
Funds holding in top 10: 28 → 32 (+4)
4% less funds holding
Funds holding: 439 → 421 (-18)
11% less first-time investments, than exits
New positions opened: 84 | Existing positions closed: 94
13% less call options, than puts
Call options by funds: $1.52B | Put options by funds: $1.74B
17% less capital invested
Capital invested by funds: $29.2B → $24.3B (-$4.96B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$1.01B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$695M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$533M |
| 4 |
DCP
D1 Capital Partners
New York
|
+$506M |
| 5 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$405M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$937M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$646M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$180M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$144M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$137M |
CVNA Hedge Fund Activity: Q4 2021 in Review
421 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Carvana (CVNA) for Q4 2021, worth a combined $24.3B — down 17% from $29.2B a quarter earlier.
Sellers outnumbered buyers: 94 funds closed out of CVNA and 84 opened new positions — a net loss of 10 holders — while 126 trimmed existing stakes and 156 added.
The largest buyer was Citigroup, adding an estimated $1.01B. The largest seller was Jennison Associates, cutting an estimated $937M.
- 421 institutional investors held Carvana (CVNA) as of Q4 2021, down from 439 in Q3 2021.
- Funds reported $24.3B of Carvana stock for Q4 2021, down 17% quarter-over-quarter.
- 84 funds opened new Carvana positions in Q4 2021 and 94 closed out, a net change of -10 holders.
- The largest Carvana buyer in Q4 2021 was Citigroup, an estimated $1.01B added.
- The largest Carvana seller in Q4 2021 was Jennison Associates, an estimated $937M sold.
Based on aggregated 13F filings for Q4 2021.