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CARVANA CO CL A (CVNA) — Hedge Fund Ownership Q4 2025

CVNA
Q4 2025Q3 2025Q2 2025Q1 2025
  • CARVANA CO CL A (CVNA) is held by 7 of 81 tracked hedge funds, with CAS Investment Partners (83%) and RV Capital (30%) holding the largest stakes, indicating limited hedge fund interest relative to peers.
  • The biggest increases in CVNA holdings came from Maverick Capital (+112%) and Durable Capital Partners (+4%), highlighting conviction.
  • The biggest decreases in CVNA holdings came from Viking Global Investors (-49%) and CAS Investment Partners (-6%), suggesting profit-taking or de-risking.
  • Overall, hedge funds decreased exposure to CARVANA CO CL A (CVNA) by -11% vs the prior quarter and -31% vs prior year.
# Fund % of Portfolio † Shares † Shares vs Prior Quarter † Shares vs Prior Year † Aggregate Value † Reported Price * Option
1
CAS Investment Partners
Clifford Sosin
83.25% 4.6M -5.72% -27.71% $1.95B $422.02
2
RV Capital
29.81% 303K -31.86% -44.59% $128.0M $422.02
3
Lone Pine Capital
Stephen Mandel
5.52% 1.8M +0.80% $750.9M $422.02
4
Durable Capital Partners
Henry Ellenbogen
3.69% 925K +3.65% -57.34% $390.4M $422.02
5
Maverick Capital
Lee Ainslie
2.09% 462K +112.31% $194.9M $422.02
6
Viking Global Investors
Andreas Halvorsen
1.19% 1.1M -49.48% +21.51% $448.0M $422.02
7
Polen Capital Management
0.02% 9K -14.17% $3.8M $422.02
7 Total 9.2M -11.35% -30.77% $3.86B
* Reported price is not an actual purchase or sale price. It is the price as of the last portfolio date.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.