Carvana
CVNA
440 hedge funds and large institutions have $28.5B invested in Carvana in 2021 Q2 according to their latest regulatory filings, with 84 funds opening new positions, 202 increasing their positions, 102 reducing their positions, and 74 closing their positions.
98% more repeat investments, than reductions
Existing positions increased: 202 | Existing positions reduced: 102
16% more capital invested
Capital invested by funds: $24.6B → $28.5B (+$3.92B)
14% more funds holding in top 10
Funds holding in top 10: 29 → 33 (+4)
14% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 74
12% more call options, than puts
Call options by funds: $2.21B | Put options by funds: $1.97B
1% more funds holding
Funds holding: 435 → 440 (+5)
15.41% less ownership
Funds ownership: 597.36% → 581.95% (-15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$427M |
| 2 |
Sands Capital Management
Arlington,
Virginia
|
+$340M |
| 3 |
DCP
D1 Capital Partners
New York
|
+$183M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$108M |
| 5 |
State Street
Boston,
Massachusetts
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$290M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$254M |
| 3 |
D.E. Shaw & Co
New York
|
-$148M |
| 4 |
TP
Third Point
New York
|
-$105M |
| 5 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$74.7M |
CVNA Hedge Fund Activity: Q2 2021 in Review
440 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Carvana (CVNA) for Q2 2021, worth a combined $28.5B — up 16% from $24.6B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new CVNA positions and 74 closed out — a net gain of 10 holders — while 202 added to existing stakes and 102 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $427M. The largest seller was Jennison Associates, cutting an estimated $290M.
- 440 institutional investors held Carvana (CVNA) as of Q2 2021, up from 435 in Q1 2021.
- Funds reported $28.5B of Carvana stock for Q2 2021, up 16% quarter-over-quarter.
- 84 funds opened new Carvana positions in Q2 2021 and 74 closed out, a net change of +10 holders.
- The largest Carvana buyer in Q2 2021 was Baillie Gifford & Co, an estimated $427M added.
- The largest Carvana seller in Q2 2021 was Jennison Associates, an estimated $290M sold.
Based on aggregated 13F filings for Q2 2021.