Carvana
CVNA
224 hedge funds and large institutions have $588M invested in Carvana in 2022 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 71 increasing their positions, 68 reducing their positions, and 94 closing their positions.
64% more call options, than puts
Call options by funds: $137M | Put options by funds: $83.4M
4% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 68
12.52% less ownership
Funds ownership: 597.53% → 585% (-13%)
18% less funds holding
Funds holding: 272 → 224 (-48)
21% less funds holding in top 10
Funds holding in top 10: 19 → 15 (-4)
46% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 94
77% less capital invested
Capital invested by funds: $2.57B → $588M (-$1.98B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$84.4M |
| 2 |
Morgan Stanley
New York
|
+$58.6M |
| 3 |
GCP
Greenoaks Capital Partners
Orinda,
California
|
+$38.3M |
| 4 |
SHIM
Spruce House Investment Management
New York
|
+$36.4M |
| 5 |
Renaissance Technologies
New York
|
+$31.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$207M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$108M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$77.3M |
| 4 |
MAM
Must Asset Management
Seoul,
South Korea
|
-$29.8M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$24.6M |
CVNA Hedge Fund Activity: Q4 2022 in Review
224 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Carvana (CVNA) for Q4 2022, worth a combined $588M — down 77% from $2.57B a quarter earlier.
Sellers outnumbered buyers: 94 funds closed out of CVNA and 51 opened new positions — a net loss of 43 holders — while 68 trimmed existing stakes and 71 added.
The largest buyer was Goldman Sachs, adding an estimated $84.4M. The largest seller was T. Rowe Price Associates, cutting an estimated $207M.
- 224 institutional investors held Carvana (CVNA) as of Q4 2022, down from 272 in Q3 2022.
- Funds reported $588M of Carvana stock for Q4 2022, down 77% quarter-over-quarter.
- 51 funds opened new Carvana positions in Q4 2022 and 94 closed out, a net change of -43 holders.
- The largest Carvana buyer in Q4 2022 was Goldman Sachs, an estimated $84.4M added.
- The largest Carvana seller in Q4 2022 was T. Rowe Price Associates, an estimated $207M sold.
Based on aggregated 13F filings for Q4 2022.