Carvana
CVNA
84 hedge funds and large institutions have $377M invested in Carvana in 2017 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 23 increasing their positions, 26 reducing their positions, and 22 closing their positions.
115% more call options, than puts
Call options by funds: $13.8M | Put options by funds: $6.42M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
27% more capital invested
Capital invested by funds: $298M → $377M (+$79.2M)
2% more funds holding
Funds holding: 82 → 84 (+2)
9% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 22
12% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 26
40.17% less ownership
Funds ownership: 653.98% → 613.81% (-40%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6CM
683 Capital Management
New York
|
+$8.82M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$7.95M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
+$6.47M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$6.06M |
| 5 |
Morgan Stanley
New York
|
+$5.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$10.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8.83M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$7.73M |
| 4 |
MCM
Melvin Capital Management
New York
|
-$5.94M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
-$5.25M |
CVNA Hedge Fund Activity: Q4 2017 in Review
84 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Carvana (CVNA) for Q4 2017, worth a combined $377M — up 27% from $298M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new CVNA positions and 22 closed out — a net gain of 2 holders — while 23 added to existing stakes and 26 trimmed.
The largest buyer was 683 Capital Management, adding an estimated $8.82M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $10.3M sold.
- 84 institutional investors held Carvana (CVNA) as of Q4 2017, up from 82 in Q3 2017.
- Funds reported $377M of Carvana stock for Q4 2017, up 27% quarter-over-quarter.
- 24 funds opened new Carvana positions in Q4 2017 and 22 closed out, a net change of +2 holders.
- The largest Carvana buyer in Q4 2017 was 683 Capital Management, an estimated $8.82M added.
- The largest Carvana seller in Q4 2017 was Balyasny Asset Management, an estimated $10.3M sold.
Based on aggregated 13F filings for Q4 2017.