CarGurus, Inc.
Hedge Funds Holdings

Last updated:

CarGurus, Inc.‘s stocks are currently a part of 184 hedge funds’ portfolios, which represents 79.5% of the total amount of its stocks outstanding. This makes up a total of 94.12M shares of CarGurus, Inc.. Compared to the previous quarter, the number fell by -7.65% or -7.79M shares fewer. As for the holding position changes, 41.3% (76) of current hedge fund investors increased the number of shares held, 28.26% (52) of current holders sold a part of the shares held, and 22.83% (42) closed the holdings completely. 34 hedge funds are new holders of CarGurus, Inc. stock in Q3 2022, it is 18.48% of total holders.

Hedge funds holding CarGurus (Q4 2017 – Q3 2022)

Number of hedge funds
Q4 2017 55
Q1 2018 60
Q2 2018 100
Q3 2018 145
Q4 2018 153
Q1 2019 173
Q2 2019 165
Q3 2019 154
Q4 2019 198
Q1 2020 162
Q2 2020 186
Q3 2020 203
Q4 2020 201
Q1 2021 197
Q2 2021 194
Q3 2021 215
Q4 2021 230
Q1 2022 253
Q2 2022 211
Q3 2022 184

Hedge funds changes in CarGurus positions (Q4 2017 – Q3 2022)

Changes in positions
Q4 2017 550000
Q1 2018 181415121
Q2 2018 483798-2
Q3 2018 60482814-5
Q4 2018 41574533-23
Q1 2019 386947181
Q2 2019 32694836-20
Q3 2019 28634738-22
Q4 2019 656546202
Q1 2020 25605656-35
Q2 2020 52685030-14
Q3 2020 387865193
Q4 2020 37717040-17
Q1 2021 32776234-8
Q2 2021 31815934-11
Q3 2021 4664712212
Q4 2021 478766300
Q1 2022 65838539-19
Q2 2022 30896969-46
Q3 2022 34765242-20

Hedge funds changes in CarGurus stock options (Q4 2017 – Q3 2022)

Changes in stock options
Q4 2017 0 0
Q1 2018 2,551,000 0
Q2 2018 403,000 1,368,000
Q3 2018 5,741,000 8,225,000
Q4 2018 3,500,000 2,670,000
Q1 2019 6,789,000 6,226,000
Q2 2019 3,296,000 8,004,000
Q3 2019 3,134,000 3,203,000
Q4 2019 1,458,000 3,150,000
Q1 2020 9,737,000 10,293,000
Q2 2020 64,562,000 9,763,000
Q3 2020 35,864,000 3,209,000
Q4 2020 19,138,000 6,178,000
Q1 2021 5,248,000 13,776,000
Q2 2021 11,286,000 9,968,000
Q3 2021 10,591,000 10,971,000
Q4 2021 6,605,000 8,077,000
Q1 2022 96,930,000 10,458,000
Q2 2022 24,360,000 5,923,000
Q3 2022 2,223,000 3,861,000

Top 50 hedge fund holders of CarGurus, Inc. (NASDAQ:CARG)

Hedge fund Value Shares owned Portfolio share
WELLINGTON MANAGEMENT GROUP LLP Jean Hynes 216.58M 15.28M 0.046%
DRAGONEER INVESTMENT GROUP, LLC 131.55M 9.28M 3.460%
VANGUARD GROUP INC 130.64M 9.21M 0.004%
MANUFACTURERS LIFE INSURANCE COMPANY, THE 123.91M 8.74M 0.087%
BLACKROCK INC. Larry Fink 94.44M 6.66M 0.003%
PAR CAPITAL MANAGEMENT INC 89.2M 6.29M 3.309%
MORGAN STANLEY 59.78M 4.21M 0.008%
EATON VANCE MANAGEMENT 34.41M 2.42M 0.051%
ARROWMARK COLORADO HOLDINGS LLC 31.52M 2.22M 0.387%
STATE STREET CORP 28.39M 2.00M 0.002%
CONTOUR ASSET MANAGEMENT LLC 28.04M 1.97M 2.251%
GEODE CAPITAL MANAGEMENT, LLC 24.74M 1.74M 0.004%
FEDERATED HERMES, INC. 22.52M 1.58M 0.066%
ANCHOR CAPITAL ADVISORS LLC 21.49M 1.51M 0.592%
NOMURA HOLDINGS INC 19.18M 1.34M 0.079%
VITRUVIAN PARTNERS LLP 17.87M 1.26M 3.189%
MILLENNIUM MANAGEMENT LLC Israel Englander 16.7M 1.17M 0.010%
BANK OF AMERICA CORP /DE/ 16.33M 1.15M 0.002%
LOOMIS SAYLES & CO L P 15.26M 1.07M 0.031%
TREMBLANT CAPITAL GROUP 15.08M 1.06M 0.915%
PROVIDENT INVESTMENT MANAGEMENT, INC. 15.05M 1.06M 1.927%
NORTHERN TRUST CORP 13.38M 944.70K 0.003%
HILL CITY CAPITAL, LP 11.78M 832K 2.358%
GOLDMAN SACHS GROUP INC 11.40M 804.72K 0.003%
DIMENSIONAL FUND ADVISORS LP 11.03M 778.86K 0.004%
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 10.31M 727.54K 0.004%
ARARAT CAPITAL MANAGEMENT LP 9.84M 695.04K 4.120%
NUVEEN ASSET MANAGEMENT, LLC 9.41M 664.73K 0.004%
GLENMEDE TRUST CO NA 9.04M 638.05K 0.057%
FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 8.89M 627.69K 0.074%
WELLS FARGO & COMPANY/MN 7.55M 533.46K 0.003%
S&T BANK/PA 7.24M 511.24K 1.399%
RAYMOND JAMES & ASSOCIATES 7.19M 507.40K 0.007%
FOXHAVEN ASSET MANAGEMENT, LP 6.49M 458.67K 0.289%
VOYA INVESTMENT MANAGEMENT LLC 5.69M 402.13K 0.006%
BANK OF NEW YORK MELLON CORP 5.55M 391.88K 0.001%
GAGNON SECURITIES LLC 4.63M 326.83K 1.018%
ROYAL BANK OF CANADA 4.45M 314.59K 0.001%
ALLIANCEBERNSTEIN L.P. 4.16M 294.06K 0.002%
MAKENA CAPITAL MANAGEMENT LLC 4.11M 290.63K 0.686%
JPMORGAN CHASE & CO 4.02M 284.35K 0.001%
NFJ INVESTMENT GROUP, LLC 3.65M 245.55K 0.095%
ING GROEP NV 3.54M 250K 0.059%
PRUDENTIAL FINANCIAL INC 3.52M 248.85K 0.006%
PANAGORA ASSET MANAGEMENT INC 3.35M 237.02K 0.023%
KORNITZER CAPITAL MANAGEMENT INC /KS 3.31M 233.84K 0.071%
NORDEA INVESTMENT MANAGEMENT AB 3.22M 218.7K 0.005%
VOLORIDGE INVESTMENT MANAGEMENT, LLC 3.03M 213.92K 0.016%
D. E. SHAW & CO., INC. David E. Shaw 2.96M 209.36K 0.004%
SWISS NATIONAL BANK 2.92M 206.4K 0.002%