Carvana
CVNA
382 hedge funds and large institutions have $12.7B invested in Carvana in 2022 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 150 increasing their positions, 109 reducing their positions, and 104 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 109
11% more call options, than puts
Call options by funds: $726M | Put options by funds: $652M
3% less funds holding in top 10
Funds holding in top 10: 32 → 31 (-1)
9% less funds holding
Funds holding: 422 → 382 (-40)
20.94% less ownership
Funds ownership: 611.79% → 590.85% (-21%)
34% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 104
48% less capital invested
Capital invested by funds: $24.3B → $12.7B (-$11.6B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$419M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$339M |
| 3 |
Morgan Stanley
New York
|
+$251M |
| 4 |
Tiger Global Management
New York
|
+$185M |
| 5 |
SHIM
Spruce House Investment Management
New York
|
+$182M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
D1 Capital Partners
New York
|
-$976M |
| 2 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$544M |
| 3 |
Citigroup
New York
|
-$540M |
| 4 |
Sands Capital Management
Arlington,
Virginia
|
-$277M |
| 5 |
JP Morgan Chase
New York
|
-$160M |
CVNA Hedge Fund Activity: Q1 2022 in Review
382 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Carvana (CVNA) for Q1 2022, worth a combined $12.7B — down 48% from $24.3B a quarter earlier.
Sellers outnumbered buyers: 104 funds closed out of CVNA and 69 opened new positions — a net loss of 35 holders — while 109 trimmed existing stakes and 150 added.
The largest buyer was Goldman Sachs, adding an estimated $419M. The largest seller was D1 Capital Partners, exiting entirely with an estimated $976M sold.
- 382 institutional investors held Carvana (CVNA) as of Q1 2022, down from 422 in Q4 2021.
- Funds reported $12.7B of Carvana stock for Q1 2022, down 48% quarter-over-quarter.
- 69 funds opened new Carvana positions in Q1 2022 and 104 closed out, a net change of -35 holders.
- The largest Carvana buyer in Q1 2022 was Goldman Sachs, an estimated $419M added.
- The largest Carvana seller in Q1 2022 was D1 Capital Partners, an estimated $976M sold.
Based on aggregated 13F filings for Q1 2022.