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Carvana

271 hedge funds and large institutions have $2.57B invested in Carvana in 2022 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 89 increasing their positions, 98 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more call options, than puts

Call options by funds: $412M | Put options by funds: $214M

15.67% more ownership

Funds ownership: 581.94%597.61% (+16%)

9% less repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 98

5% less funds holding in top 10

Funds holding in top 10: 2019 (-1)

8% less capital invested

Capital invested by funds: $2.8B → $2.57B (-$224M)

11% less funds holding

Funds holding: 306271 (-35)

46% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 71

Holders
271
Holders Change
-35
Holders Change %
-11.44%
% of All Funds
4.67%
Holding in Top 10
19
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-5%
% of All Funds
0.33%
New
38
Increased
89
Reduced
98
Closed
71
Calls
$412M
Puts
$214M
Net Calls
+$197M
Net Calls Change
+$100M
Name Holding Trade Value Shares
Change
Change in
Stake
Ameriprise
51
Ameriprise
Minnesota
$5.31M +$170K +26,075 +2%
TC
52
TwinBeech Capital
New York
$5.13M -$318K -48,710 -4%
Swiss National Bank
53
Swiss National Bank
Switzerland
$4.33M -$6.49M -994,525 -48%
AF
54
Alerus Financial
North Dakota
$4.16M +$204K +31,355 +3%
BU
55
Builders Union
United Kingdom
$4.13M +$6.63M +1,016,500 New
AMC
56
Avenir Management Company
New York
$4.08M
California Public Employees Retirement System
57
California Public Employees Retirement System
California
$3.87M +$1.21M +185,425 +24%
William Blair & Company
58
William Blair & Company
Illinois
$3.85M +$398K +61,090 +7%
ACM
59
Anabranch Capital Management
Connecticut
$3.8M -$892K -136,740 -13%
Nomura Holdings
60
Nomura Holdings
Japan
$3.76M +$4.44M +680,530 +277%
LCG
61
Luxor Capital Group
New York
$3.68M -$33.1M -5,071,300 -85%
Manulife (Manufacturers Life Insurance)
62
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$3.65M +$426K +65,290 +8%
Coatue Management
63
Coatue Management
New York
$3.53M
DZ Bank
64
DZ Bank
Germany
$3.26M
Barclays
65
Barclays
United Kingdom
$3.07M -$24.6M -3,771,395 -83%
DSCM
66
Divisadero Street Capital Management
Florida
$2.98M -$57.6K -8,830 -1%
First Trust Advisors
67
First Trust Advisors
Illinois
$2.96M +$4.17M +638,705 +712%
FCM
68
Frontier Capital Management
Massachusetts
$2.68M -$226K -34,610 -5%
Natixis Advisors
69
Natixis Advisors
Massachusetts
$2.57M +$2.1M +322,370 +104%
Citigroup
70
Citigroup
New York
$2.55M -$19.9M -3,052,000 -83%
Jane Street
71
Jane Street
New York
$2.55M +$2.05M +313,970 +100%
Legal & General Group
72
Legal & General Group
United Kingdom
$2.5M -$10.1M -1,548,200 -72%
AM
73
Ampfield Management
New York
$2.45M
California State Teachers Retirement System (CalSTRS)
74
California State Teachers Retirement System (CalSTRS)
California
$2.41M -$1.41M -216,070 -27%
State Board of Administration of Florida Retirement System
75
State Board of Administration of Florida Retirement System
Florida
$2.27M +$67.9K +10,415 +2%

CVNA Hedge Fund Activity: Q3 2022 in Review

271 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Carvana (CVNA) for Q3 2022, worth a combined $2.57B — down 8% from $2.8B a quarter earlier.

Sellers outnumbered buyers: 71 funds closed out of CVNA and 38 opened new positions — a net loss of 33 holders — while 98 trimmed existing stakes and 89 added.

The largest buyer was Capital World Investors, adding an estimated $121M. The largest seller was Marshall Wace, cutting an estimated $81M.

  • 271 institutional investors held Carvana (CVNA) as of Q3 2022, down from 306 in Q2 2022.
  • Funds reported $2.57B of Carvana stock for Q3 2022, down 8% quarter-over-quarter.
  • 38 funds opened new Carvana positions in Q3 2022 and 71 closed out, a net change of -33 holders.
  • The largest Carvana buyer in Q3 2022 was Capital World Investors, an estimated $121M added.
  • The largest Carvana seller in Q3 2022 was Marshall Wace, an estimated $81M sold.

Based on aggregated 13F filings for Q3 2022.