Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CARGURUS INC (CARG)

347 + Investors. Track Smart Money conviction in CARG. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +32
Streak
1Q ▲
Buyers last Q
54%

Smart Money Signals — CARG

Based on 344 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added CARG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
344 hedge funds hold CARG right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +14% more funds vs a year ago

fund count last 6Q
+42 new funds entered over the past year (+14% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 54% buying

188 buying158 selling
Last quarter: 188 funds bought or added vs 158 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+19 vs last Q)

new funds entering per quarter
Funds opening a new CARG position: 43 → 64 → 46 → 65. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 21% medium ■ 22% new
195 out of 344 hedge funds have held CARG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~65 new funds/quarter

63 → 43 → 64 → 46 → 65 new funds/Q
New funds entering each quarter: 43 → 64 → 46 → 65. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 63% of holders stayed 2+ years

■ 63% veterans ■ 13% 1-2yr ■ 25% new
Of 347 current holders: 217 (63%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 45% AUM from top-100 funds

45% from top-100 AUM funds
43 of 344 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in CARG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CARG

In 2025 Q4, 188 hedge funds were net buyers of CARG (65 opened a new position, 123 added to an existing one), while 158 reduced or exited (125 trimmed, 33 sold completely) — a 54% buyer ratio, indicating a slight buying edge. 45% of total institutional value in CARG is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +32 funds (more new holders than closures). Total institutional holders: 344.

Hedge Fund Ownership: CARG

How many hedge funds hold CARG — quarterly history vs. share price
Quarterly hedge fund ownership of CARG vs. share price

Market Analysis: CARG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CARG

Consumer Cyclical Auto & Truck Dealerships

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

55 top-rated funds 2 high-conviction
Consensus
7.6
/ 10
breadth
×
Elite
2.0
/ 10
conviction
Hedge Fund Positioning: CARG
2026 Q1 Stats Unlock in 8 days 347 + Investors

Track Smart Money conviction in CARG. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 347 317 9.46%
13F Shares 82M 85M -3.6%
Total Value $3.14B $3.17B -0.7%
New Positions 65 46 +19
Increased Positions 126 108 +18
Closed Positions 34 50 -16
Reduced Positions 129 140 -11
Total Calls 3 5 -40.0%
Total Puts 0 2 -100.0%
PUT/CALL Ratio 0.0 0.4 Bullish

Statistics: CARG

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

347 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CARG. Verified SEC 13F-HR filings.

Top 25 institutional holders of CARG — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Prevatt Capital Ltd 22.71% 2,475,000 $84.3M
2 Vitruvian Partners LLP 14.40% 472,959 $16.1M
3 GAGNON SECURITIES LLC 2.13% 271,524 $9.2M
4 Aurora Investment Counsel 1.12% 59,363 $2.0M
5 Convergence Investment Partners, LLC 0.79% 141,307 $4.8M
6 CONGRESS ASSET MANAGEMENT CO 0.52% 2,110,537 $71.9M
7 MOODY ALDRICH PARTNERS LLC 0.47% 76,986 $2.6M
8 Watershed Asset Management, L.L.C. 0.47% 13,191 $449K
9 LEUTHOLD GROUP, LLC 0.42% 116,455 $4.0M
10 Andina Capital Management, LLC 0.35% 11,657 $397K
11 FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.21% 1,110,231 $37.8M
12 Hillsdale Investment Management Inc. 0.19% 208,630 $7.1M
13 Bayforest Capital Ltd 0.16% 4,233 $144K
14 Abel Hall, LLC 0.12% 16,002 $545K
15 Allen Investment Management, LLC 0.11% 268,769 $9.2M
16 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.08% 724,299 $24.7M
17 Summit Global Investments 0.07% 36,582 $1K
18 Boston Partners 0.06% 1,653,501 $56.1M
19 BESSEMER GROUP INC 0.06% 1,085,061 $37K
20 HARBOR CAPITAL ADVISORS, INC. 0.05% 18,901 —
21 Covestor Ltd 0.04% 1,775 —
22 FEDERATED HERMES, INC. 0.04% 639,733 $21.8M
23 Central Pacific Bank - Trust Division 0.03% 7,208 $245K
24 CULLINAN ASSOCIATES INC 0.03% 10,800 $368K
25 Walleye Capital LLC 0.03% 208,232 $7.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — CARGURUS INC (CARG)

What does the Smart Money Trend signal show for CARG?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added CARG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CARG?

Slight buying edge — 54% buying: Last quarter: 188 funds bought or added vs 158 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CARG holders?

Elite ownership — 45% AUM from top-100 funds: 43 of 344 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in CARG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CARG?

57% of holders stayed for 2+ years: 195 out of 344 hedge funds have held CARG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.