Carvana
CVNA
245 hedge funds and large institutions have $5.98B invested in Carvana in 2019 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 74 increasing their positions, 79 reducing their positions, and 32 closing their positions.
112% more call options, than puts
Call options by funds: $509M | Put options by funds: $240M
75% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 32
44% more capital invested
Capital invested by funds: $4.15B → $5.98B (+$1.83B)
33% more funds holding in top 10
Funds holding in top 10: 21 → 28 (+7)
13.07% more ownership
Funds ownership: 631.94% → 645.01% (+13%)
10% more funds holding
Funds holding: 223 → 245 (+22)
6% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$181M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$176M |
| 3 |
Goldman Sachs
New York
|
+$91.3M |
| 4 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$83.9M |
| 5 |
D.E. Shaw & Co
New York
|
+$19.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
-$62.2M |
| 2 |
MCM
Melvin Capital Management
New York
|
-$42.9M |
| 3 |
6CM
683 Capital Management
New York
|
-$37.7M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$36.9M |
| 5 |
JP Morgan Chase
New York
|
-$35.7M |
CVNA Hedge Fund Activity: Q4 2019 in Review
245 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Carvana (CVNA) for Q4 2019, worth a combined $5.98B — up 44% from $4.15B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new CVNA positions and 32 closed out — a net gain of 24 holders — while 74 added to existing stakes and 79 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $181M. The largest seller was Luxor Capital Group, cutting an estimated $62.2M.
- 245 institutional investors held Carvana (CVNA) as of Q4 2019, up from 223 in Q3 2019.
- Funds reported $5.98B of Carvana stock for Q4 2019, up 44% quarter-over-quarter.
- 56 funds opened new Carvana positions in Q4 2019 and 32 closed out, a net change of +24 holders.
- The largest Carvana buyer in Q4 2019 was Morgan Stanley, an estimated $181M added.
- The largest Carvana seller in Q4 2019 was Luxor Capital Group, an estimated $62.2M sold.
Based on aggregated 13F filings for Q4 2019.