Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CARVANA CO (CVNA)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +84
Streak
11Q ▲
Buyers last Q
58%

Smart Money Signals — CVNA

Based on 848 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added CVNA 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
848 hedge funds hold CVNA 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.
🚀

Fast accumulation — +49% more funds vs a year ago

fund count last 6Q
+277 new funds entered over the past year (+49% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 58% buying

538 buying391 selling
Last quarter: 538 funds bought or added vs 391 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 (+76 vs last Q)

new funds entering per quarter
Funds opening a new CVNA position: 136 → 202 → 127 → 203. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

40% of holders stayed for 2+ years

■ 40% conviction (2yr+) ■ 26% medium ■ 34% new
338 out of 848 hedge funds have held CVNA 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 — ~203 new funds/quarter

151 → 136 → 202 → 127 → 203 new funds/Q
New funds entering each quarter: 136 → 202 → 127 → 203. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 51% of holders stayed 2+ years

■ 51% veterans ■ 10% 1-2yr ■ 39% new
Of 926 current holders: 470 (51%) 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
54 of 848 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in CVNA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.4
out of 10
Moderate Exit Risk
Exit risk score 4.4/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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.

Hedge Fund Ownership: CVNA

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

Market Analysis: CVNA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CVNA

-- --

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

Smart Money Signal ?
Strong Institutional Conviction

Multiple high-quality funds hold meaningful positions with strong conviction.

102 top-rated funds 30 high-conviction
Consensus
8.7
/ 10
breadth
×
Elite
6.1
/ 10
conviction
Hedge Fund Positioning: CVNA
2026 Q1 Stats Unlock in 11 days 894 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 894 815 9.69%
13F Shares 181M 167M 8.7%
Total Value $69.00B $56.80B 21.49%
New Positions 195 124 +71
Increased Positions 408 417 -9
Closed Positions 120 100 +20
Reduced Positions 388 344 +44
Total Calls 43 43 -
Total Puts 58 51 13.73%
PUT/CALL Ratio 1.35 1.19 Bearish

Statistics: CVNA

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
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Income Statement & Cash Flow
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Institutional Holders (2026 Q1)

894 + investors

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

Top 25 institutional holders of CVNA — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Steadview Capital Management LLC 20.35% 146,660 $46.1M
2 Capricorn Fund Managers Ltd 4.66% 95,000 $29.9M
3 Amanah Holdings Trust 3.17% 91,462 $28.8M
4 SANDS CAPITAL MANAGEMENT, LLC 2.61% 2,117,248 $665.6M
5 Taylor Frigon Capital Management LLC 1.57% 8,761 $2.8M
6 GatePass Capital, LLC 1.47% 10,000 $3.1M
7 PIAR LLC 1.35% 5,530 $1.7M
8 Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. 0.80% 1,037 $326K
9 Tuttle Capital Management, LLC 0.49% 939 $295K
10 NAVELLIER & ASSOCIATES INC 0.48% 14,622 $4.6M
11 IFC & Insurance Marketing, Inc. 0.47% 1,435 $451K
12 PATTON FUND MANAGEMENT, INC. 0.43% 8,090 $2.5M
13 Bank Pictet & Cie (Europe) AG 0.42% 62,480 $19.6M
14 BloombergSen Inc. 0.41% 17,188 $5.4M
15 Nemes Rush Group LLC 0.40% 13,251 $4.2M
16 CVFG LLC 0.34% 8,807 $2.8M
17 Hestia Capital Management, LLC 0.34% 6,000 $377K
18 Wagner Wealth Management, Corp 0.27% 969 $305K
19 SMART Wealth LLC 0.26% 2,828 $889K
20 Huntleigh Advisors, Inc. 0.24% 4,479 $1.4M
21 MRA Advisory Group 0.24% 1,871 $588K
22 Mount Lucas Management LP 0.22% 1,865 $586K
23 KELLEHER FINANCIAL ADVISORS 0.21% 2,500 $842K
24 Net Worth Advisory Group 0.21% 3,212 $1.0M
25 WORLD EQUITY GROUP, INC. 0.19% 2,362 $743K
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 — CARVANA CO (CVNA)

What does the Smart Money Trend signal show for CVNA?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added CVNA 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 CVNA?

Slight buying edge — 58% buying: Last quarter: 538 funds bought or added vs 391 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 CVNA holders?

Elite ownership — 45% AUM from top-100 funds: 54 of 848 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in CVNA. 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 CVNA?

40% of holders stayed for 2+ years: 338 out of 848 hedge funds have held CVNA 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.