We are live on ! Find out more
CVNA icon

Carvana

740 hedge funds and large institutions have $44.6B invested in Carvana in 2025 Q2 according to their latest regulatory filings, with 198 funds opening new positions, 286 increasing their positions, 202 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

196% more first-time investments, than exits

New positions opened: 198 | Existing positions closed: 67

73% more capital invested

Capital invested by funds: $25.8B → $44.6B (+$18.8B)

47% more call options, than puts

Call options by funds: $7.79B | Put options by funds: $5.29B

42% more repeat investments, than reductions

Existing positions increased: 286 | Existing positions reduced: 202

30.01% more ownership

Funds ownership: 459.59%489.6% (+30%)

21% more funds holding

Funds holding: 613740 (+127)

3% less funds holding in top 10

Funds holding in top 10: 4039 (-1)

Holders
740
Holders Change
+127
Holders Change %
+20.72%
% of All Funds
9.74%
Holding in Top 10
39
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-2.5%
% of All Funds
0.51%
New
198
Increased
286
Reduced
202
Closed
67
Calls
$7.79B
Puts
$5.29B
Net Calls
+$2.51B
Net Calls Change
+$1.81B
Name Holding Trade Value Shares
Change
Change in
Stake
ORG
526
Optimist Retirement Group
Washington
$366K -$115K -2,090 -28%
SWP
527
Sagespring Wealth Partners
Tennessee
$365K +$297K +5,410 New
CMF
528
Counterpoint Mutual Funds
California
$345K -$257K -4,685 -48%
GM
529
GeoWealth Management
Illinois
$344K -$2.19K -40 -0.8%
QOP
530
Quinn Opportunity Partners
Virginia
$337K -$2.71M -49,500 -91%
KIA
531
Knollwood Investment Advisory
Maryland
$337K
O
532
Ossiam
France
$334K -$22.5M -409,495 -99%
AHL
533
Abel Hall LLC
Louisiana
$333K -$32.1K -585 -11%
TRCT
534
Tower Research Capital (TRC)
New York
$330K +$124K +2,265 +86%
APGDR
535
Absoluto Partners Gestao de Recursos
Brazil
$326K +$265K +4,835 New
AC
536
AXQ Capital
New Jersey
$322K +$262K +4,775 New
MAS
537
Meeder Advisory Services
Ohio
$316K +$257K +4,685 New
WP
538
Westmount Partners
California
$315K -$24.7K -450 -9%
National Bank of Canada
539
National Bank of Canada
Quebec, Canada
$308K +$30.4K +555 +14%
PM
540
Phraction Management
Connecticut
$303K +$247K +4,500 New
ERSOT
541
Employees Retirement System of Texas
Texas
$303K +$246K +4,490 New
EL
542
EWA LLC
Pennsylvania
$301K +$245K +4,470 New
AIM
543
Advyzon Investment Management
Illinois
$301K +$245K +4,460 New
PI
544
PFG Investments
New York
$291K +$237K +4,325 New
SIM
545
Studio Investment Management
Illinois
$290K
ISWM
546
Independent Solutions Wealth Management
New York
$290K +$236K +4,300 New
YCG
547
Yeomans Consulting Group
Georgia
$285K +$231K +4,220 New
MCM
548
Massar Capital Management
Connecticut
$281K +$229K +4,175 New
GC
549
Guggenheim Capital
Illinois
$277K -$95.1K -1,735 -30%
FCH
550
Freestone Capital Holdings
Washington
$273K +$222K +4,055 New

CVNA Hedge Fund Activity: Q2 2025 in Review

740 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Carvana (CVNA) for Q2 2025, worth a combined $44.6B — up 73% from $25.8B a quarter earlier.

Buyers outnumbered sellers: 198 funds opened new CVNA positions and 67 closed out — a net gain of 131 holders — while 286 added to existing stakes and 202 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $850M. The largest seller was Fidelity Investments, cutting an estimated $911M.

  • 740 institutional investors held Carvana (CVNA) as of Q2 2025, up from 613 in Q1 2025.
  • Funds reported $44.6B of Carvana stock for Q2 2025, up 73% quarter-over-quarter.
  • 198 funds opened new Carvana positions in Q2 2025 and 67 closed out, a net change of +131 holders.
  • The largest Carvana buyer in Q2 2025 was JP Morgan Chase, an estimated $850M added.
  • The largest Carvana seller in Q2 2025 was Fidelity Investments, an estimated $911M sold.

Based on aggregated 13F filings for Q2 2025.