Who owns CarGurus (CARG)
Which tracked institutional funds hold CARG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CARG company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
79 tracked funds added or opened CARG while 88 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
CARG’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes CARG more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in CARG divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 340 tracked filers holding CARG, 168 increased or opened the position and 212 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in CARG between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 18
- Pale Fire Capital SE$13M
- Pillsbury Lake Capital LLC$10M
- ExodusPoint Capital Management, LP$9M
- Jupiter Topco LLC$8M
- Qube Research & Technologies Ltd$8M
- Empowered Funds, LLC$3M
Full exits 33
- BESSEMER GROUP INC$37M
- LOOMIS SAYLES & CO L P$25M
- Broad Bay Capital Management, LP$25M
- BREACH INLET CAPITAL MANAGEMENT, LLC$10M
- WINTON GROUP Ltd$8M
- JANUS HENDERSON GROUP PLC$8M
Largest adds
- BlackRock, Inc.$110M
- MANUFACTURERS LIFE INSURANCE COMPANY, THE$48M
- MILLENNIUM MANAGEMENT LLC$19M
- FMR LLC$18M
- RENAISSANCE TECHNOLOGIES LLC$11M
- CITADEL ADVISORS LLC$11M
Largest trims
- WELLINGTON MANAGEMENT GROUP LLP$91M
- ArrowMark Colorado Holdings LLC$30M
- ALTA FOX CAPITAL MANAGEMENT, LLC$25M
- UBS Group AG$24M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$23M
- Man Group plc$13M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 11,803,358 | $402M | 16.0% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 4,715,273 | $161M | 6.4% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 3,302,216 | $113M | 4.5% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 3,255,283 | $111M | 4.4% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 3,110,647 | $106M | 4.2% | 2026-Q2 |
| STATE STREET CORP trimmed | 3,021,044 | $103M | 4.1% | 2026-Q2 |
| Prevatt Capital Ltd added | 2,575,000 | $88M | 3.5% | 2026-Q2 |
| Orbis Allan Gray Ltd added | 2,407,398 | $82M | 3.3% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 2,093,962 | $71M | 2.8% | 2026-Q2 |
| CONGRESS ASSET MANAGEMENT CO trimmed | 1,976,348 | $67M | 2.7% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 1,822,639 | $62M | 2.5% | 2026-Q2 |
| Boston Partners added | 1,705,214 | $58M | 2.3% | 2026-Q2 |
| MORGAN STANLEY added | 1,573,354 | $54M | 2.1% | 2026-Q2 |
| Invesco Ltd. added | 1,319,331 | $45M | 1.8% | 2026-Q2 |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ trimmed | 1,069,080 | $36M | 1.4% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 1,058,779 | $36M | 1.4% | 2026-Q2 |
| JACOBS LEVY EQUITY MANAGEMENT, INC added | 943,303 | $32M | 1.3% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 919,306 | $31M | 1.2% | 2026-Q2 |
| ALTA FOX CAPITAL MANAGEMENT, LLC trimmed | 843,546 | $29M | 1.1% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 826,385 | $28M | 1.1% | 2026-Q2 |
| NORTHERN TRUST CORP added | 823,662 | $28M | 1.1% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 793,696 | $27M | 1.1% | 2026-Q2 |
| Nuveen, LLC added | 730,183 | $25M | 1.0% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 690,517 | $24M | 0.9% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 673,827 | $23M | 0.9% | 2026-Q2 |
| FEDERATED HERMES, INC. added | 647,021 | $22M | 0.9% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 620,360 | $21M | 0.8% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 617,874 | $21M | 0.8% | 2026-Q2 |
| Select Equity Group, L.P. added | 606,281 | $21M | 0.8% | 2026-Q2 |
| FMR LLC added | 575,621 | $20M | 0.8% | 2026-Q2 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed | 572,846 | $20M | 0.8% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 568,330 | $19M | 0.8% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 539,610 | $18M | 0.7% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 488,426 | $17M | 0.7% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 468,534 | $16M | 0.6% | 2026-Q2 |
| UBS Group AG trimmed | 467,013 | $16M | 0.6% | 2026-Q2 |
| Aberdeen Group plc added | 462,097 | $16M | 0.6% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 458,514 | $16M | 0.6% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC trimmed | 437,815 | $15M | 0.6% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 426,649 | $15M | 0.6% | 2026-Q2 |
| ArrowMark Colorado Holdings LLC trimmed | 408,959 | $14M | 0.6% | 2026-Q2 |
| Ararat Capital Management LP added | 391,283 | $13M | 0.5% | 2026-Q2 |
| GLENMEDE TRUST CO NA trimmed | 391,106 | $13M | 0.5% | 2026-Q2 |
| Pale Fire Capital SE new | 384,626 | $13M | 0.5% | 2026-Q2 |
| GAGNON SECURITIES LLC added | 367,073 | $13M | 0.5% | 2026-Q2 |
| SEI INVESTMENTS CO added | 365,246 | $12M | 0.5% | 2026-Q2 |
| Public Sector Pension Investment Board trimmed | 361,404 | $12M | 0.5% | 2026-Q2 |
| Trexquant Investment LP added | 361,117 | $12M | 0.5% | 2026-Q2 |
| Vitruvian Partners LLP trimmed | 350,044 | $12M | 0.5% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 348,678 | $12M | 0.5% | 2026-Q2 |
| Pillsbury Lake Capital LLC new | 296,864 | $10M | 0.4% | 2026-Q2 |
| Allianz Asset Management GmbH trimmed | 286,709 | $10M | 0.4% | 2026-Q2 |
| NORDEA INVESTMENT MANAGEMENT AB trimmed | 278,040 | $9M | 0.4% | 2026-Q2 |
| Allen Investment Management, LLC trimmed | 257,827 | $9M | 0.3% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 255,179 | $9M | 0.3% | 2026-Q2 |
| ExodusPoint Capital Management, LP added | 252,512 | $9M | 0.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 243,996 | $8M | 0.3% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 241,473 | $8M | 0.3% | 2026-Q2 |
| Quantinno Capital Management LP added | 240,516 | $8M | 0.3% | 2026-Q2 |
| CITIGROUP INC added | 235,811 | $8M | 0.3% | 2026-Q2 |
| Jupiter Topco LLC new | 234,325 | $8M | 0.3% | 2026-Q2 |
| Clark Capital Management Group, Inc. trimmed | 231,443 | $8M | 0.3% | 2026-Q2 |
| Hillsdale Investment Management Inc. added | 229,530 | $8M | 0.3% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 223,220 | $8M | 0.3% | 2026-Q2 |
| Dana Investment Advisors, Inc. trimmed | 221,185 | $8M | 0.3% | 2026-Q2 |
| GOODNOW INVESTMENT GROUP, LLC added | 218,678 | $7M | 0.3% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC added | 213,628 | $7M | 0.3% | 2026-Q2 |
| Legal & General Group Plc trimmed | 193,879 | $7M | 0.3% | 2026-Q2 |
| Corient Private Wealth LP added | 189,994 | $6M | 0.3% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 185,220 | $6M | 0.3% | 2026-Q2 |
| GAM Holding AG added | 162,600 | $6M | 0.2% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 159,192 | $5M | 0.2% | 2026-Q2 |
| Swiss National Bank trimmed | 154,400 | $5M | 0.2% | 2026-Q2 |
| Vident Advisory, LLC added | 151,191 | $5M | 0.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 150,209 | $5M | 0.2% | 2026-Q2 |
| Man Group plc trimmed | 148,669 | $5M | 0.2% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 144,713 | $5M | 0.2% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL added | 140,698 | $5M | 0.2% | 2026-Q2 |
| Assenagon Asset Management S.A. trimmed | 135,582 | $5M | 0.2% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 127,241 | $4M | 0.2% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 120,962 | $4M | 0.2% | 2026-Q2 |
| VOYA INVESTMENT MANAGEMENT LLC added | 120,891 | $4M | 0.2% | 2026-Q2 |
| LEUTHOLD GROUP, LLC trimmed | 116,213 | $4M | 0.2% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 115,701 | $4M | 0.2% | 2026-Q2 |
| Convergence Investment Partners, LLC trimmed | 102,074 | $3M | 0.1% | 2026-Q2 |
| XTX Topco Ltd trimmed | 98,180 | $3M | 0.1% | 2026-Q2 |
| Walleye Capital LLC trimmed | 94,411 | $3M | 0.1% | 2026-Q2 |
| Creative Planning trimmed | 89,051 | $3M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 88,103 | $3M | 0.1% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC trimmed | 87,935 | $3M | 0.1% | 2026-Q2 |
| Point72 Asset Management, L.P. trimmed | 84,633 | $3M | 0.1% | 2026-Q2 |
| NOMURA HOLDINGS INC added | 79,199 | $3M | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 78,999 | $3M | 0.1% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC trimmed | 78,775 | $3M | 0.1% | 2026-Q2 |
| Empowered Funds, LLC new | 78,061 | $3M | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 75,077 | $3M | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 74,783 | $3M | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd | 74,255 | $3M | 0.1% | 2026-Q2 |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. added | 70,700 | $2M | 0.1% | 2026-Q2 |
| NORGES BANK trimmed | 69,513 | $2M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.