Carvana
CVNA
292 hedge funds and large institutions have $6.31B invested in Carvana in 2023 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 100 increasing their positions, 75 reducing their positions, and 31 closing their positions.
129% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 31
36% more capital invested
Capital invested by funds: $4.65B → $6.31B (+$1.66B)
33% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 75
14% more funds holding
Funds holding: 256 → 292 (+36)
2.91% more ownership
Funds ownership: 519.63% → 522.54% (+2.9%)
6% more call options, than puts
Call options by funds: $1.57B | Put options by funds: $1.48B
0% more funds holding in top 10
Funds holding in top 10: 19 → 19 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$82.1M |
| 2 |
BlackRock
New York
|
+$37.1M |
| 3 |
D.E. Shaw & Co
New York
|
+$32.6M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$26.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$47.2M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$23.1M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$22.9M |
| 4 |
SHIM
Spruce House Investment Management
New York
|
-$19.1M |
| 5 |
FP
FPR Partners
San Francisco,
California
|
-$15.8M |
CVNA Hedge Fund Activity: Q4 2023 in Review
292 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Carvana (CVNA) for Q4 2023, worth a combined $6.31B — up 36% from $4.65B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new CVNA positions and 31 closed out — a net gain of 40 holders — while 100 added to existing stakes and 75 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $82.1M. The largest seller was Fidelity Investments, cutting an estimated $47.2M.
- 292 institutional investors held Carvana (CVNA) as of Q4 2023, up from 256 in Q3 2023.
- Funds reported $6.31B of Carvana stock for Q4 2023, up 36% quarter-over-quarter.
- 71 funds opened new Carvana positions in Q4 2023 and 31 closed out, a net change of +40 holders.
- The largest Carvana buyer in Q4 2023 was Morgan Stanley, an estimated $82.1M added.
- The largest Carvana seller in Q4 2023 was Fidelity Investments, an estimated $47.2M sold.
Based on aggregated 13F filings for Q4 2023.