Carvana
CVNA
819 hedge funds and large institutions have $48.9B invested in Carvana in 2026 Q2 according to their latest regulatory filings, with 148 funds opening new positions, 331 increasing their positions, 265 reducing their positions, and 106 closing their positions.
40% more first-time investments, than exits
New positions opened: 148 | Existing positions closed: 106
30% more call options, than puts
Call options by funds: $5.81B | Put options by funds: $4.46B
25% more repeat investments, than reductions
Existing positions increased: 331 | Existing positions reduced: 265
5% more funds holding
Funds holding: 781 → 819 (+38)
3% more capital invested
Capital invested by funds: $47.3B → $48.9B (+$1.57B)
1.88% less ownership
Funds ownership: 105.35% → 103.47% (-1.9%)
8% less funds holding in top 10
Funds holding in top 10: 37 → 34 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$649M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$468M |
| 3 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
+$214M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$170M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$162M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$648M |
| 2 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$394M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$298M |
| 4 |
JP Morgan Chase
New York
|
-$288M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$257M |
CVNA Hedge Fund Activity: Q2 2026 in Review
819 of the 8,348 institutional investors tracked by Wall St. Rank reported a position in Carvana (CVNA) for Q2 2026, worth a combined $48.9B — up 3.3% from $47.3B a quarter earlier.
Buyers outnumbered sellers: 148 funds opened new CVNA positions and 106 closed out — a net gain of 42 holders — while 331 added to existing stakes and 265 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $649M. The largest seller was BlackRock, cutting an estimated $648M.
- 819 institutional investors held Carvana (CVNA) as of Q2 2026, up from 781 in Q1 2026.
- Funds reported $48.9B of Carvana stock for Q2 2026, up 3.3% quarter-over-quarter.
- 148 funds opened new Carvana positions in Q2 2026 and 106 closed out, a net change of +42 holders.
- The largest Carvana buyer in Q2 2026 was Capital Research Global Investors, an estimated $649M added.
- The largest Carvana seller in Q2 2026 was BlackRock, an estimated $648M sold.
Based on aggregated 13F filings for Q2 2026.