Carvana
CVNA
184 hedge funds and large institutions have $3.14B invested in Carvana in 2019 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 56 increasing their positions, 55 reducing their positions, and 23 closing their positions.
148% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 23
84% more capital invested
Capital invested by funds: $1.7B → $3.14B (+$1.44B)
55% more call options, than puts
Call options by funds: $290M | Put options by funds: $187M
24% more funds holding in top 10
Funds holding in top 10: 17 → 21 (+4)
20% more funds holding
Funds holding: 153 → 184 (+31)
2% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 55
13.11% less ownership
Funds ownership: 670.58% → 657.46% (-13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
+$86.3M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$46.9M |
| 3 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$44M |
| 4 |
Morgan Stanley
New York
|
+$39.6M |
| 5 |
HCM
Hitchwood Capital Management
New York
|
+$29.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Requisite Capital Management
Dallas,
Texas
|
-$66.3M |
| 2 |
SCH
Sylebra Capital (HK)
Hong Kong
|
-$43.5M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$22.9M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$18.6M |
| 5 |
JP
Jana Partners
New York
|
-$17.9M |
CVNA Hedge Fund Activity: Q1 2019 in Review
184 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Carvana (CVNA) for Q1 2019, worth a combined $3.14B — up 84% from $1.7B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new CVNA positions and 23 closed out — a net gain of 34 holders — while 56 added to existing stakes and 55 trimmed.
The largest buyer was Tiger Global Management, opening a new position worth an estimated $86.3M. The largest seller was Requisite Capital Management, cutting an estimated $66.3M.
- 184 institutional investors held Carvana (CVNA) as of Q1 2019, up from 153 in Q4 2018.
- Funds reported $3.14B of Carvana stock for Q1 2019, up 84% quarter-over-quarter.
- 57 funds opened new Carvana positions in Q1 2019 and 23 closed out, a net change of +34 holders.
- The largest Carvana buyer in Q1 2019 was Tiger Global Management, an estimated $86.3M added.
- The largest Carvana seller in Q1 2019 was Requisite Capital Management, an estimated $66.3M sold.
Based on aggregated 13F filings for Q1 2019.